Lifewise Community Projects Inc
Lifewise Community Projects Inc. operates on a small scale with no reported officer compensation but has carried significant liabilities in recent years.
EIN: 20457193 · Hampton, NH · NTEE: S20Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $29K |
| Total Expenses | $21K |
| Program Spending | 70% |
| Net Assets | $4K |
| Transparency Score | 75/100 |
Is Lifewise Community Projects Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lifewise Community Projects Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Lifewise Community Projects Inc
Lifewise Community Projects Inc (EIN: 20457193) is a nonprofit organization based in Hampton, NH, classified under NTEE code S20Z. The organization reported total revenue of $29K and total assets of $24K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lifewise Community Projects Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lifewise Community Projects Inc is a micro nonprofit that has been operating for 33 years, with 7 years of IRS 990 filings on record (2011–2017). Revenue has grown at a compound annual rate of 8.8%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $29K |
| Total Expenses | $21K |
| Surplus / Deficit | +$8K |
| Total Assets | $24K |
| Total Liabilities | $20K |
| Net Assets | $4K |
| Operating Margin | 27.6% |
| Debt-to-Asset Ratio | 83.7% |
| Months of Reserves | 13.8 months |
Financial Health Grade: A
In 2017, Lifewise Community Projects Inc reported a surplus of $8K with revenue exceeding expenses, holds 13.8 months of operating reserves (strong position), has a debt-to-asset ratio of 83.7% (high leverage).
Financial Trends
Over 7 years of filings (2011–2017), Lifewise Community Projects Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | +23.5% | -9.2% | +49.3% |
| 2016 | +51.4% | -11.6% | +2.2% |
| 2015 | -15.7% | -12.4% | +153.3% |
| 2014 | -37.9% | +1.5% | -64.7% |
| 2013 | -43.9% | -27.2% | +1.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lifewise Community Projects Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Lifewise Community Projects Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $8K, with revenue exceeding expenses.
- Debt-to-asset ratio: 83.7%.
Executive Compensation Analysis
Lifewise Community Projects Inc. has consistently reported 0% officer compensation across all seven available filings, indicating that no salaries or other compensation were paid to officers, directors, or trustees. This is a strong positive for a small organization with modest revenue, demonstrating a commitment to directing funds towards its mission rather than executive pay.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Lifewise Community Projects Inc's IRS 990 filings:
- Significant liabilities relative to assets ($20,000 liabilities vs. $23,887 assets in 2017)
- Expenses frequently close to or exceeding revenue in multiple periods (e.g., 2015, 2014, 2011)
- Fluctuating revenue stream, with a decline from 2012 peak ($52,209) to 2017 ($28,622)
Strengths
The following positive indicators were identified for Lifewise Community Projects Inc:
- Consistent IRS 990 filing history (7 filings), indicating good transparency
- Zero reported officer compensation across all filings, demonstrating efficient use of funds for leadership
- Overall growth in assets from $4,956 in 2011 to $23,887 in 2017
Frequently Asked Questions about Lifewise Community Projects Inc
Is Lifewise Community Projects Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lifewise Community Projects Inc (EIN: 20457193) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Lifewise Community Projects Inc spend its money?
Lifewise Community Projects Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lifewise Community Projects Inc tax-deductible?
Lifewise Community Projects Inc is registered as a tax-exempt nonprofit (EIN: 20457193). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Lifewise Community Projects Inc's spending goes to programs?
Lifewise Community Projects Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Lifewise Community Projects Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Lifewise Community Projects Inc is above average for NTEE category S20Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lifewise Community Projects Inc located?
Lifewise Community Projects Inc is headquartered in Hampton, New Hampshire and files with the IRS under EIN 20457193. It is classified under NTEE code S20Z.
How many years of IRS 990 filings does Lifewise Community Projects Inc have?
Lifewise Community Projects 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. The most recent filing shows $29K in total revenue.
Is Lifewise Community Projects Inc. a good charity?
Lifewise Community Projects Inc. exhibits some positive attributes, such as consistent IRS 990 filings and zero reported officer compensation, which are good for transparency and donor trust. However, its small scale, fluctuating revenues, and the presence of $20,000 in liabilities against assets of $23,887 in 2017 suggest potential financial challenges. A detailed breakdown of program spending versus administrative and fundraising costs would be needed for a more definitive assessment of its effectiveness.
What are the primary financial concerns for Lifewise Community Projects Inc.?
The primary financial concerns include the consistent presence of $20,000 in liabilities from 2015-2017, which represents a significant portion of its total assets ($23,887 in 2017). Additionally, expenses have frequently been close to or exceeded revenue in several periods (e.g., 2015, 2014, 2011), indicating tight operating margins and potential reliance on reserves or debt.
How has the organization's financial health changed over time?
Lifewise Community Projects Inc. has experienced fluctuating financial health. Revenue peaked at $52,209 in 2012 but has since declined to $28,622 in 2017. Assets have generally grown from $4,956 in 2011 to $23,887 in 2017, but liabilities of $20,000 emerged in 2015 and persisted through 2017, which is a new financial burden compared to earlier years with zero liabilities.
Filing History
IRS 990 filing history for Lifewise Community Projects Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2017), Lifewise Community Projects Inc's revenue has grown by 66.1%, moving from $17K to $29K. Total assets increased by 382% over the same period, from $5K to $24K. Total functional expenses fell by 31.7%, from $30K to $21K. In its most recent filing year (2017), Lifewise Community Projects Inc reported a surplus of $8K, with revenue exceeding expenses. The organization holds $20K in liabilities against $24K in assets (debt-to-asset ratio: 83.7%), resulting in net assets of $4K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $29K | $21K | $24K | $20K | — | View 990 |
| 2016 | $23K | $23K | $16K | $20K | — | — |
| 2015 | $15K | $26K | $16K | $20K | — | View 990 |
| 2014 | $18K | $29K | $6K | $0 | — | View 990 |
| 2013 | $29K | $29K | $18K | $0 | — | View 990 |
| 2012 | $52K | $40K | $17K | $0 | — | View 990 |
| 2011 | $17K | $30K | $5K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $29K, expenses of $21K, and assets of $24K (revenue +23.5% year-over-year).
- 2016: Revenue of $23K, expenses of $23K, and assets of $16K (revenue +51.4% year-over-year).
- 2015: Revenue of $15K, expenses of $26K, and assets of $16K (revenue -15.7% year-over-year).
- 2014: Revenue of $18K, expenses of $29K, and assets of $6K (revenue -37.9% year-over-year).
- 2013: Revenue of $29K, expenses of $29K, and assets of $18K (revenue -43.9% year-over-year).
- 2012: Revenue of $52K, expenses of $40K, and assets of $17K (revenue +203.0% year-over-year).
- 2011: Revenue of $17K, expenses of $30K, and assets of $5K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lifewise Community Projects Inc:
Data Sources and Methodology
This transparency report for Lifewise Community Projects 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.