Lifetime Wells Vision
EIN: 852992779 · Denton, MD · NTEE: Q33
| Metric | Value |
|---|---|
| Total Revenue | $421K |
| Total Expenses | $530K |
| Net Assets | $16K |
Is Lifetime Wells Vision 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 Vision
Lifetime Wells Vision (EIN: 852992779) is a nonprofit organization based in Denton, MD, classified under NTEE code Q33. The organization reported total revenue of $421K and total assets of $11K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lifetime Wells Vision's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lifetime Wells Vision is a small nonprofit that has been operating for 5 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 59.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $510K |
| Total Expenses | $530K |
| Surplus / Deficit | $-19,726 |
| Total Assets | $16K |
| Net Assets | $16K |
| Operating Margin | -3.9% |
| Months of Reserves | 0.4 months |
Financial Health Grade: C
In 2023, Lifetime Wells Vision reported a deficit of $20K with expenses exceeding revenue, holds 0.4 months of operating reserves (limited).
Financial Trends
Over 4 years of filings (2020–2023), Lifetime Wells Vision's revenue has grown at a compound annual growth rate (CAGR) of 59.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +24.3% | +36.3% | -55.0% |
| 2022 | +9.2% | +0.4% | +154.0% |
| 2021 | +196.5% | +281.5% | -44.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lifetime Wells Vision 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 Vision 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $20K, with expenses exceeding revenue.
Frequently Asked Questions about Lifetime Wells Vision
Is Lifetime Wells Vision a legitimate charity?
Based on AI analysis of IRS 990 filings, Lifetime Wells Vision (EIN: 852992779) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lifetime Wells Vision spend its money?
Detailed spending breakdown data is not yet available for Lifetime Wells Vision. Check back for updated IRS 990 analysis.
Are donations to Lifetime Wells Vision tax-deductible?
Lifetime Wells Vision is registered as a tax-exempt nonprofit (EIN: 852992779). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lifetime Wells Vision located?
Lifetime Wells Vision is headquartered in Denton, Maryland and files with the IRS under EIN 852992779. It is classified under NTEE code Q33.
How many years of IRS 990 filings does Lifetime Wells Vision have?
Lifetime Wells Vision has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $421K in total revenue.
Filing History
IRS 990 filing history for Lifetime Wells Vision showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Lifetime Wells Vision's revenue has grown by 302.5%, moving from $127K to $510K. Total assets decreased by 36.4% over the same period, from $25K to $16K. Total functional expenses rose by 422.4%, from $101K to $530K. In its most recent filing year (2023), Lifetime Wells Vision reported a deficit of $20K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $510K | $530K | $16K | $0 | — | View 990 |
| 2022 | $411K | $389K | $36K | $0 | — | — |
| 2021 | $376K | $387K | $14K | $0 | — | View 990 |
| 2020 | $127K | $101K | $25K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $510K, expenses of $530K, and assets of $16K (revenue +24.3% year-over-year).
- 2022: Revenue of $411K, expenses of $389K, and assets of $36K (revenue +9.2% year-over-year).
- 2021: Revenue of $376K, expenses of $387K, and assets of $14K (revenue +196.5% year-over-year).
- 2020: Revenue of $127K, expenses of $101K, and assets of $25K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lifetime Wells Vision:
Data Sources and Methodology
This transparency report for Lifetime Wells Vision 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.