Live Like Lukas Inc
EIN: 823215858 · Wilmington, DE · NTEE: E12
| Metric | Value |
|---|---|
| Total Expenses | $60K |
| Net Assets | $114K |
Is Live Like Lukas Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Live Like Lukas Inc
Live Like Lukas Inc (EIN: 823215858) is a nonprofit organization based in Wilmington, DE, classified under NTEE code E12. 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 Live Like Lukas Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Live Like Lukas Inc is a micro nonprofit that has been operating for 8 years, with 3 years of IRS 990 filings on record (2017–2019). Revenue has grown at a compound annual rate of -66.7%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $25K |
| Total Expenses | $60K |
| Surplus / Deficit | $-34,807 |
| Total Assets | $114K |
| Net Assets | $114K |
| Operating Margin | -136.9% |
| Months of Reserves | 22.7 months |
Financial Health Grade: B
In 2019, Live Like Lukas Inc reported a deficit of $35K with expenses exceeding revenue, holds 22.7 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2017–2019), Live Like Lukas Inc's revenue has declined at a compound annual growth rate (CAGR) of -66.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -75.2% | -57.4% | -23.6% |
| 2018 | -55.1% | +248.0% | -20.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Live Like Lukas 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 Live Like Lukas 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $35K, with expenses exceeding revenue.
Frequently Asked Questions about Live Like Lukas Inc
Is Live Like Lukas Inc a legitimate charity?
Live Like Lukas Inc (EIN: 823215858) is a registered tax-exempt nonprofit based in Delaware. It has 3 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Live Like Lukas Inc spend its money?
Live Like Lukas Inc reported its financials in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Live Like Lukas Inc tax-deductible?
Live Like Lukas Inc is registered as a tax-exempt nonprofit (EIN: 823215858). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Live Like Lukas Inc located?
Live Like Lukas Inc is headquartered in Wilmington, Delaware and files with the IRS under EIN 823215858. It is classified under NTEE code E12.
How many years of IRS 990 filings does Live Like Lukas Inc have?
Live Like Lukas Inc has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Live Like Lukas Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2017–2019), Live Like Lukas Inc's revenue has declined by 88.9%, moving from $229K to $25K. Total assets decreased by 39.3% over the same period, from $188K to $114K. Total functional expenses rose by 48.2%, from $41K to $60K. In its most recent filing year (2019), Live Like Lukas Inc reported a deficit of $35K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $25K | $60K | $114K | $0 | — | View 990 |
| 2018 | $103K | $141K | $149K | $0 | — | View 990 |
| 2017 | $229K | $41K | $188K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $25K, expenses of $60K, and assets of $114K (revenue -75.2% year-over-year).
- 2018: Revenue of $103K, expenses of $141K, and assets of $149K (revenue -55.1% year-over-year).
- 2017: Revenue of $229K, expenses of $41K, and assets of $188K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Live Like Lukas Inc:
Data Sources and Methodology
This transparency report for Live Like Lukas 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.