Lifetime Wells For Ghana Inc
EIN: 260162476 · Denton, MD
Is Lifetime Wells For Ghana Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lifetime Wells For Ghana Inc
Lifetime Wells For Ghana Inc (EIN: 260162476) is a nonprofit organization based in Denton, MD. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lifetime Wells For Ghana Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lifetime Wells For Ghana Inc is a small nonprofit, with 7 years of IRS 990 filings on record (2011–2017). Revenue has grown at a compound annual rate of -20.0%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $132K |
| Total Expenses | $397K |
| Surplus / Deficit | $-265,513 |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | -201.8% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2017, Lifetime Wells For Ghana Inc reported a deficit of $266K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 7 years of filings (2011–2017), Lifetime Wells For Ghana Inc's revenue has declined at a compound annual growth rate (CAGR) of -20.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | -73.3% | -33.4% | -100.0% |
| 2016 | -25.8% | +6.3% | +30.7% |
| 2015 | +62.3% | +36.5% | +256.7% |
| 2014 | -1.8% | -2.5% | -12.4% |
| 2013 | -5.5% | -9.0% | -37.3% |
AI Analysis Pending
AI enrichment for Lifetime Wells For Ghana Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lifetime Wells For Ghana Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $266K, with expenses exceeding revenue.
Frequently Asked Questions about Lifetime Wells For Ghana Inc
Is Lifetime Wells For Ghana Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lifetime Wells For Ghana Inc (EIN: 260162476) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lifetime Wells For Ghana Inc spend its money?
Detailed spending breakdown data is not yet available for Lifetime Wells For Ghana Inc. Check back for updated IRS 990 analysis.
Are donations to Lifetime Wells For Ghana Inc tax-deductible?
Lifetime Wells For Ghana Inc is registered as a tax-exempt nonprofit (EIN: 260162476). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lifetime Wells For Ghana Inc located?
Lifetime Wells For Ghana Inc is headquartered in Denton, Maryland and files with the IRS under EIN 260162476.
How many years of IRS 990 filings does Lifetime Wells For Ghana Inc have?
Lifetime Wells For Ghana Inc has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Lifetime Wells For Ghana Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2017), Lifetime Wells For Ghana Inc's revenue has declined by 73.9%, moving from $503K to $132K. Total assets decreased by 100% over the same period, from $191K to $0. Total functional expenses fell by 24.1%, from $523K to $397K. In its most recent filing year (2017), Lifetime Wells For Ghana Inc reported a deficit of $266K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $132K | $397K | $0 | $0 | — | View 990 |
| 2016 | $492K | $596K | $462K | $247K | — | — |
| 2015 | $663K | $561K | $354K | $287K | — | View 990 |
| 2014 | $408K | $411K | $99K | $158K | — | View 990 |
| 2013 | $416K | $422K | $113K | $169K | — | View 990 |
| 2012 | $440K | $463K | $181K | $181K | — | View 990 |
| 2011 | $503K | $523K | $191K | $191K | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $132K, expenses of $397K, and assets of $0 (revenue -73.3% year-over-year).
- 2016: Revenue of $492K, expenses of $596K, and assets of $462K (revenue -25.8% year-over-year).
- 2015: Revenue of $663K, expenses of $561K, and assets of $354K (revenue +62.3% year-over-year).
- 2014: Revenue of $408K, expenses of $411K, and assets of $99K (revenue -1.8% year-over-year).
- 2013: Revenue of $416K, expenses of $422K, and assets of $113K (revenue -5.5% year-over-year).
- 2012: Revenue of $440K, expenses of $463K, and assets of $181K (revenue -12.6% year-over-year).
- 2011: Revenue of $503K, expenses of $523K, and assets of $191K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lifetime Wells For Ghana Inc:
Data Sources and Methodology
This transparency report for Lifetime Wells For Ghana Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.