Live It Learn It
EIN: 352247059 · Washington, DC · NTEE: B99
| Metric | Value |
|---|---|
| Total Revenue | $777K |
| Total Expenses | $973K |
| Net Assets | $729K |
Is Live It Learn It Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Live It Learn It
Live It Learn It (EIN: 352247059) is a nonprofit organization based in Washington, DC, classified under NTEE code B99. The organization reported total revenue of $777K and total assets of $613K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Live It Learn It's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Live It Learn It is a small nonprofit that has been operating for 21 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $771K |
| Total Expenses | $973K |
| Surplus / Deficit | $-202,490 |
| Total Assets | $908K |
| Total Liabilities | $179K |
| Net Assets | $729K |
| Operating Margin | -26.3% |
| Debt-to-Asset Ratio | 19.7% |
| Months of Reserves | 11.2 months |
Financial Health Grade: B
In 2023, Live It Learn It reported a deficit of $202K with expenses exceeding revenue, holds 11.2 months of operating reserves (strong position), has a debt-to-asset ratio of 19.7% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Live It Learn It's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.4% | +27.4% | -25.9% |
| 2022 | -7.7% | -14.9% | +33.6% |
| 2021 | +15.0% | -3.0% | -10.0% |
| 2020 | -29.5% | +12.7% | +51.5% |
| 2018 | +20.7% | -11.0% | +23.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Live It Learn It 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 Live It Learn It 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 $202K, with expenses exceeding revenue.
- Debt-to-asset ratio: 19.7%.
Frequently Asked Questions about Live It Learn It
Is Live It Learn It a legitimate charity?
Live It Learn It (EIN: 352247059) is a registered tax-exempt nonprofit based in Washington DC. It has 12 years of IRS 990 filings on record. Total revenue: $777K. No red flags identified. Financial health grade: B.
How does Live It Learn It spend its money?
Live It Learn It reported $777K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Live It Learn It tax-deductible?
Live It Learn It is registered as a tax-exempt nonprofit (EIN: 352247059). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Live It Learn It located?
Live It Learn It is headquartered in Washington, Washington DC and files with the IRS under EIN 352247059. It is classified under NTEE code B99.
How many years of IRS 990 filings does Live It Learn It have?
Live It Learn It has 12 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 $777K in total revenue.
Filing History
IRS 990 filing history for Live It Learn It showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Live It Learn It's revenue has grown by 47.1%, moving from $524K to $771K. Total assets increased by 478.9% over the same period, from $157K to $908K. Total functional expenses rose by 109.1%, from $465K to $973K. In its most recent filing year (2023), Live It Learn It reported a deficit of $202K, with expenses exceeding revenue. The organization holds $179K in liabilities against $908K in assets (debt-to-asset ratio: 19.7%), resulting in net assets of $729K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $771K | $973K | $908K | $179K | — | View 990 |
| 2022 | $841K | $764K | $1.2M | $294K | — | View 990 |
| 2021 | $911K | $898K | $918K | $63K | — | View 990 |
| 2020 | $792K | $926K | $1.0M | $178K | — | — |
| 2018 | $1.1M | $822K | $673K | $10K | — | View 990 |
| 2017 | $930K | $924K | $547K | $10K | — | View 990 |
| 2016 | $886K | $824K | $659K | $10K | — | View 990 |
| 2015 | $799K | $767K | $595K | $10K | — | View 990 |
| 2014 | $784K | $646K | $562K | $10K | — | View 990 |
| 2013 | $650K | $574K | $424K | $10K | — | View 990 |
| 2012 | $678K | $489K | $348K | $10K | — | View 990 |
| 2011 | $524K | $465K | $157K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $771K, expenses of $973K, and assets of $908K (revenue -8.4% year-over-year).
- 2022: Revenue of $841K, expenses of $764K, and assets of $1.2M (revenue -7.7% year-over-year).
- 2021: Revenue of $911K, expenses of $898K, and assets of $918K (revenue +15.0% year-over-year).
- 2020: Revenue of $792K, expenses of $926K, and assets of $1.0M (revenue -29.5% year-over-year).
- 2018: Revenue of $1.1M, expenses of $822K, and assets of $673K (revenue +20.7% year-over-year).
- 2017: Revenue of $930K, expenses of $924K, and assets of $547K (revenue +4.9% year-over-year).
- 2016: Revenue of $886K, expenses of $824K, and assets of $659K (revenue +10.9% year-over-year).
- 2015: Revenue of $799K, expenses of $767K, and assets of $595K (revenue +1.9% year-over-year).
- 2014: Revenue of $784K, expenses of $646K, and assets of $562K (revenue +20.6% year-over-year).
- 2013: Revenue of $650K, expenses of $574K, and assets of $424K (revenue -4.1% year-over-year).
- 2012: Revenue of $678K, expenses of $489K, and assets of $348K (revenue +29.5% year-over-year).
- 2011: Revenue of $524K, expenses of $465K, and assets of $157K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Live It Learn It:
Data Sources and Methodology
This transparency report for Live It Learn It 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.