Live Oak Cares
EIN: 851105580 · Vance, SC · NTEE: S20
| Metric | Value |
|---|---|
| Total Revenue | $25 |
| Total Expenses | $24 |
| Net Assets | $839 |
Is Live Oak Cares Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Live Oak Cares
Live Oak Cares (EIN: 851105580) is a nonprofit organization based in Vance, SC, classified under NTEE code S20. The organization reported total revenue of $25 and total assets of $840 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Live Oak Cares's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Live Oak Cares is a micro nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of -1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $330 |
| Total Expenses | $24 |
| Surplus / Deficit | +$306 |
| Total Assets | $839 |
| Net Assets | $839 |
| Operating Margin | 92.7% |
| Months of Reserves | 419.5 months |
Financial Health Grade: A
In 2023, Live Oak Cares reported a surplus of $306 with revenue exceeding expenses, holds 419.5 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2020–2023), Live Oak Cares's revenue has declined at a compound annual growth rate (CAGR) of -1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +54.9% | -20.0% | +57.4% |
| 2021 | -100.0% | — | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1237 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Live Oak Cares 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 Oak Cares 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 surplus of $306, with revenue exceeding expenses.
Frequently Asked Questions about Live Oak Cares
Is Live Oak Cares a legitimate charity?
Live Oak Cares (EIN: 851105580) is a registered tax-exempt nonprofit based in South Carolina. It has 4 years of IRS 990 filings on record. Total revenue: $25. No red flags identified. Financial health grade: A.
How does Live Oak Cares spend its money?
Live Oak Cares reported $25 in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Live Oak Cares tax-deductible?
Live Oak Cares is registered as a tax-exempt nonprofit (EIN: 851105580). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Live Oak Cares located?
Live Oak Cares is headquartered in Vance, South Carolina and files with the IRS under EIN 851105580. It is classified under NTEE code S20.
How many years of IRS 990 filings does Live Oak Cares have?
Live Oak Cares 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 $25 in total revenue.
Filing History
IRS 990 filing history for Live Oak Cares showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Live Oak Cares's revenue has declined by 5.7%, moving from $350 to $330. Total assets increased by 139.7% over the same period, from $350 to $839. In its most recent filing year (2023), Live Oak Cares reported a surplus of $306, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $330 | $24 | $839 | $0 | — | View 990 |
| 2022 | $213 | $30 | $533 | $0 | — | — |
| 2021 | $0 | $0 | $350 | $0 | — | — |
| 2020 | $350 | $0 | $350 | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $330, expenses of $24, and assets of $839 (revenue +54.9% year-over-year).
- 2022: Revenue of $213, expenses of $30, and assets of $533.
- 2021: Revenue of $0, expenses of $0, and assets of $350 (revenue -100.0% year-over-year).
- 2020: Revenue of $350, expenses of $0, and assets of $350.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Live Oak Cares:
Data Sources and Methodology
This transparency report for Live Oak Cares 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.