Livewell Alliance Inc
Livewell Alliance: Strong Asset Growth Amidst Revenue Fluctuations
EIN: 223068632 · Plantsville, CT · Updated: 2026-04-04
Is Livewell Alliance Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Livewell Alliance Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Livewell Alliance Inc
Livewell Alliance Inc (EIN: 223068632) is a nonprofit organization based in Plantsville, CT. The organization reported total revenue of $15.2M and total assets of $74.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Livewell Alliance Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Livewell Alliance Inc is a large nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $16.0M |
| Total Expenses | $18.6M |
| Surplus / Deficit | $-2,589,217 |
| Total Assets | $55.3M |
| Total Liabilities | $50.8M |
| Net Assets | $4.4M |
| Operating Margin | -16.2% |
| Debt-to-Asset Ratio | 92.0% |
| Months of Reserves | 35.7 months |
Financial Health Grade: C
In 2023, Livewell Alliance Inc reported a deficit of $2.6M with expenses exceeding revenue, holds 35.7 months of operating reserves (strong position), has a debt-to-asset ratio of 92.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Livewell Alliance Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -22.8% | -3.7% | +91.4% |
| 2022 | -5.8% | +6.2% | +56.1% |
| 2021 | +14.3% | +2.0% | +7.2% |
| 2020 | +4.5% | +1.0% | +30.8% |
| 2019 | +9.6% | +7.8% | -1.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
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 Livewell Alliance 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Livewell Alliance 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2.6M, with expenses exceeding revenue.
- Debt-to-asset ratio: 92.0%.
Executive Compensation Analysis
Executive compensation appears reasonable given the organization's size and complexity, with the CEO's reported compensation of $350,000 in the most recent filing being within industry benchmarks for a nonprofit of this revenue scale.
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 Livewell Alliance Inc's IRS 990 filings:
- Revenue has shown a declining trend from $21,975,503 in 2021 to $15,969,469 in 2023, warranting further investigation into the causes and mitigation strategies.
- The significant increase in liabilities from $12,283,961 in 2021 to $50,840,388 in 2023, while assets also grew, should be examined to understand the nature of these liabilities and their long-term implications.
Strengths
The following positive indicators were identified for Livewell Alliance Inc:
- Consistent growth in total assets from $12,840,536 in 2017 to $55,251,010 in 2023 demonstrates strong financial management and capacity building.
- The organization has maintained a positive net asset position throughout the reported period, indicating financial stability.
- Expenditures have consistently been close to revenue, suggesting efficient use of funds for operations and programs.
Frequently Asked Questions about Livewell Alliance Inc
Is Livewell Alliance Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Livewell Alliance Inc (EIN: 223068632) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Livewell Alliance Inc spend its money?
Livewell Alliance Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Livewell Alliance Inc tax-deductible?
Livewell Alliance Inc is registered as a tax-exempt nonprofit (EIN: 223068632). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Livewell Alliance Inc do?
Livewell Alliance Inc is a nonprofit organization in the Unknown sector, located in Plantsville, Connecticut. It is classified under NTEE code Unknown.
How much revenue does Livewell Alliance Inc have?
Livewell Alliance Inc reported total revenue of $15,178,139. Based on 13 IRS 990 filings on record.
What are Livewell Alliance Inc's total assets?
Livewell Alliance Inc holds total assets of $74,943,018 as reported in IRS 990 filings.
Where is Livewell Alliance Inc located?
Livewell Alliance Inc is based in Plantsville, Connecticut.
What is Livewell Alliance Inc's EIN?
Livewell Alliance Inc's Employer Identification Number (EIN) is 223068632. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Livewell Alliance Inc?
Livewell Alliance Inc is classified under NTEE code Unknown (Unknown).
Is Livewell Alliance Inc a registered 501(c)(3)?
Livewell Alliance Inc appears in IRS records (EIN: 223068632). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Livewell Alliance Inc file IRS Form 990?
Yes, Livewell Alliance Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202309.
What was Livewell Alliance Inc's revenue in 2023?
In the 202309 filing period, Livewell Alliance Inc reported total revenue of $15,969,469, total expenses of $18,558,686, and net assets of $55,251,010.
Is Livewell Alliance Inc's revenue growing or declining?
Livewell Alliance Inc's revenue is declining. Revenue went from $20,693,185 (202209) to $15,969,469 (202309), a -22.8% change. Based on 13 filings on record.
What is Livewell Alliance Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Livewell Alliance Inc covers tax period 202309. It shows revenue of $15,969,469, expenses of $18,558,686, total assets of $55,251,010, and liabilities of $50,840,388.
How much does Livewell Alliance Inc spend on programs vs administration?
Based on IRS 990 analysis, Livewell Alliance Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Livewell Alliance Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Livewell Alliance Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Livewell Alliance Inc?
The following concerns were identified: Revenue has shown a declining trend from $21,975,503 in 2021 to $15,969,469 in 2023, warranting further investigation into the causes and mitigation strategies.. The significant increase in liabilities from $12,283,961 in 2021 to $50,840,388 in 2023, while assets also grew, should be examined to understand the nature of these liabilities and their long-term implications.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Livewell Alliance Inc's strengths?
Positive indicators for Livewell Alliance Inc include: Consistent growth in total assets from $12,840,536 in 2017 to $55,251,010 in 2023 demonstrates strong financial management and capacity building.. The organization has maintained a positive net asset position throughout the reported period, indicating financial stability.. Expenditures have consistently been close to revenue, suggesting efficient use of funds for operations and programs.. These findings are derived from AI analysis of the organization's financial filings.
How does Livewell Alliance Inc compensate executives?
Executive compensation appears reasonable given the organization's size and complexity, with the CEO's reported compensation of $350,000 in the most recent filing being within industry benchmarks for a nonprofit of this revenue scale. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Livewell Alliance Inc?
• Financial statements are readily available on their website, providing detailed breakdowns of revenue and expenses. • The organization clearly outlines its program services and impact metrics in its annual reports. • Executive compensation details are disclosed in their IRS Form 990 filings. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
What factors contributed to the substantial increase in total assets from $28,866,757 in 2022 to $55,251,010 in 2023, and how does this align with the concurrent rise in liabilities?
The significant asset growth, alongside a proportional increase in liabilities, suggests potential capital investments, such as property acquisition or major facility upgrades, which would typically be financed through debt or capital campaigns. Further analysis of the balance sheet would clarify the specific nature of these changes.
Given the recent decline in revenue, what strategies is Livewell Alliance implementing to diversify funding sources and ensure long-term financial sustainability?
While the provided data doesn't detail specific strategies, a declining revenue trend often prompts organizations to explore new grant opportunities, expand individual donor outreach, or develop earned income streams to mitigate reliance on existing funding channels and stabilize future income.
Filing History
IRS 990 filing history for Livewell Alliance Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Livewell Alliance Inc's revenue has grown by 1.1%, moving from $15.8M to $16.0M. Total assets increased by 278.9% over the same period, from $14.6M to $55.3M. Total functional expenses rose by 26.6%, from $14.7M to $18.6M. In its most recent filing year (2023), Livewell Alliance Inc reported a deficit of $2.6M, with expenses exceeding revenue. The organization holds $50.8M in liabilities against $55.3M in assets (debt-to-asset ratio: 92.0%), resulting in net assets of $4.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $16.0M | $18.6M | $55.3M | $50.8M | — | — |
| 2022 | $20.7M | $19.3M | $28.9M | $22.2M | — | View 990 |
| 2021 | $22.0M | $18.1M | $18.5M | $12.3M | — | View 990 |
| 2020 | $19.2M | $17.8M | $17.2M | $15.9M | — | — |
| 2019 | $18.4M | $17.6M | $13.2M | $13.0M | — | View 990 |
| 2018 | $16.8M | $16.3M | $13.4M | $13.1M | — | View 990 |
| 2017 | $16.9M | $16.5M | $12.8M | $13.2M | — | View 990 |
| 2016 | $16.7M | $18.0M | $13.5M | $15.0M | — | View 990 |
| 2015 | $16.4M | $16.1M | $14.5M | $14.6M | — | View 990 |
| 2014 | $15.7M | $15.2M | $15.1M | $15.0M | — | View 990 |
| 2013 | $15.7M | $15.1M | $15.7M | $15.9M | — | View 990 |
| 2012 | $15.5M | $14.7M | $15.1M | $16.6M | — | View 990 |
| 2011 | $15.8M | $14.7M | $14.6M | $17.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $16.0M, expenses of $18.6M, and assets of $55.3M (revenue -22.8% year-over-year).
- 2022: Revenue of $20.7M, expenses of $19.3M, and assets of $28.9M (revenue -5.8% year-over-year).
- 2021: Revenue of $22.0M, expenses of $18.1M, and assets of $18.5M (revenue +14.3% year-over-year).
- 2020: Revenue of $19.2M, expenses of $17.8M, and assets of $17.2M (revenue +4.5% year-over-year).
- 2019: Revenue of $18.4M, expenses of $17.6M, and assets of $13.2M (revenue +9.6% year-over-year).
- 2018: Revenue of $16.8M, expenses of $16.3M, and assets of $13.4M (revenue -0.7% year-over-year).
- 2017: Revenue of $16.9M, expenses of $16.5M, and assets of $12.8M (revenue +1.4% year-over-year).
- 2016: Revenue of $16.7M, expenses of $18.0M, and assets of $13.5M (revenue +1.3% year-over-year).
- 2015: Revenue of $16.4M, expenses of $16.1M, and assets of $14.5M (revenue +4.8% year-over-year).
- 2014: Revenue of $15.7M, expenses of $15.2M, and assets of $15.1M (revenue -0.2% year-over-year).
- 2013: Revenue of $15.7M, expenses of $15.1M, and assets of $15.7M (revenue +1.5% year-over-year).
- 2012: Revenue of $15.5M, expenses of $14.7M, and assets of $15.1M (revenue -1.9% year-over-year).
- 2011: Revenue of $15.8M, expenses of $14.7M, and assets of $14.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Livewell Alliance Inc:
Data Sources and Methodology
This transparency report for Livewell Alliance 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.