Liveonny Inc
Liveonny Inc shows strong revenue growth and asset accumulation with zero reported officer compensation.
EIN: 132945229 · Long Island City, NY · NTEE: E65 · Updated: 2026-03-28
About Liveonny Inc
Liveonny Inc (EIN: 132945229) is a nonprofit organization based in Long Island City, NY, classified under NTEE code E65. The organization reported total revenue of $93.3M and total assets of $76.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Liveonny Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Liveonny Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Liveonny Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Liveonny Inc consistently reports zero officer compensation across all available filings, indicating a strong commitment to directing funds towards its mission rather than executive salaries, which is highly unusual for an organization of its size and revenue ($81.6 million in 2023).
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 Liveonny Inc's IRS 990 filings:
- Significant increase in liabilities from $4.4 million in 2014 to $47.9 million in 2023, warranting further investigation into their nature.
Strengths
The following positive indicators were identified for Liveonny Inc:
- Consistent and substantial revenue growth over the past decade, from $32.9 million in 2014 to $81.6 million in 2023.
- Zero reported officer compensation across all filings, indicating a strong commitment to program spending efficiency.
- Significant asset accumulation, growing from $27 million in 2014 to $79.8 million in 2023, providing a strong financial base.
- Consistent filing history (13 filings) demonstrating transparency and compliance.
Frequently Asked Questions about Liveonny Inc
Is Liveonny Inc a good charity?
Based on its financial data, Liveonny Inc appears to be a good charity. It demonstrates strong revenue growth, substantial asset accumulation, and a remarkable commitment to not compensating officers, suggesting a high dedication to its mission and efficient use of funds. However, understanding the nature of its increasing liabilities would provide a more complete picture.
Why does Liveonny Inc report zero officer compensation?
The IRS 990 filings consistently show $0 for officer compensation. This could indicate that the organization is run by volunteers in leadership roles, or that compensation for key personnel is structured differently and not reported under 'officer compensation' on the 990, or that it is a subsidiary of a larger entity where compensation is handled elsewhere. This is a significant positive for program efficiency.
What is the trend in Liveonny Inc's financial health?
Liveonny Inc shows a strong positive trend in financial health, with revenue growing from $32.9 million in 2014 to $81.6 million in 2023, and assets increasing from $27 million to $79.8 million over the same period. While expenses occasionally exceed revenue, the overall growth and asset accumulation indicate robust financial management.
Filing History
IRS 990 filing history for Liveonny Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Liveonny Inc's revenue has grown by 163.2%, moving from $31.0M to $81.7M. Total assets increased by 243.4% over the same period, from $23.2M to $79.8M. Total functional expenses rose by 185.2%, from $29.3M to $83.7M. In its most recent filing year (2023), Liveonny Inc reported a deficit of $2.0M, with expenses exceeding revenue. The organization holds $48.0M in liabilities against $79.8M in assets (debt-to-asset ratio: 60.1%), resulting in net assets of $31.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $81.7M | $83.7M | $79.8M | $48.0M | — | — |
| 2022 | $66.6M | $65.1M | $81.4M | $47.5M | — | View 990 |
| 2021 | $55.1M | $49.6M | $77.6M | $45.2M | — | View 990 |
| 2020 | $42.9M | $42.6M | $37.9M | $11.1M | — | View 990 |
| 2019 | $47.7M | $44.2M | $32.8M | $6.3M | — | View 990 |
| 2018 | $42.4M | $43.0M | $30.9M | $6.6M | — | View 990 |
| 2017 | $38.8M | $37.6M | $30.3M | $4.5M | — | — |
| 2016 | $36.4M | $35.3M | $28.2M | $4.6M | — | View 990 |
| 2015 | $32.2M | $32.4M | $25.9M | $3.7M | — | View 990 |
| 2014 | $33.0M | $31.7M | $27.0M | $4.4M | — | View 990 |
| 2013 | $32.0M | $29.9M | $25.9M | $4.9M | — | View 990 |
| 2012 | $30.3M | $30.1M | $23.0M | $4.6M | — | View 990 |
| 2011 | $31.0M | $29.3M | $23.2M | $5.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $81.7M, expenses of $83.7M, and assets of $79.8M (revenue +22.6% year-over-year).
- 2022: Revenue of $66.6M, expenses of $65.1M, and assets of $81.4M (revenue +20.8% year-over-year).
- 2021: Revenue of $55.1M, expenses of $49.6M, and assets of $77.6M (revenue +28.7% year-over-year).
- 2020: Revenue of $42.9M, expenses of $42.6M, and assets of $37.9M (revenue -10.1% year-over-year).
- 2019: Revenue of $47.7M, expenses of $44.2M, and assets of $32.8M (revenue +12.4% year-over-year).
- 2018: Revenue of $42.4M, expenses of $43.0M, and assets of $30.9M (revenue +9.5% year-over-year).
- 2017: Revenue of $38.8M, expenses of $37.6M, and assets of $30.3M (revenue +6.4% year-over-year).
- 2016: Revenue of $36.4M, expenses of $35.3M, and assets of $28.2M (revenue +13.1% year-over-year).
- 2015: Revenue of $32.2M, expenses of $32.4M, and assets of $25.9M (revenue -2.2% year-over-year).
- 2014: Revenue of $33.0M, expenses of $31.7M, and assets of $27.0M (revenue +2.8% year-over-year).
- 2013: Revenue of $32.0M, expenses of $29.9M, and assets of $25.9M (revenue +5.7% year-over-year).
- 2012: Revenue of $30.3M, expenses of $30.1M, and assets of $23.0M (revenue -2.3% year-over-year).
- 2011: Revenue of $31.0M, expenses of $29.3M, and assets of $23.2M.
Data Sources and Methodology
This transparency report for Liveonny 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.