Living Out Loud Inc
Living Out Loud Inc consistently operates with a surplus and reports zero officer compensation.
EIN: 202518576 · Towson, MD · NTEE: P99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $866K |
| Total Expenses | $743K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $866,000 |
| Net Assets | $619K |
| Transparency Score | 90/100 |
Is Living Out Loud Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Living Out Loud Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Living Out Loud Inc
Living Out Loud Inc (EIN: 202518576) is a nonprofit organization based in Towson, MD, classified under NTEE code P99. The organization reported total revenue of $866K and total assets of $782K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Living Out Loud Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Living Out Loud Inc is a small nonprofit that has been operating for 7 years, with 12 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 20.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $866K |
| Total Expenses | $743K |
| Surplus / Deficit | +$123K |
| Total Assets | $782K |
| Total Liabilities | $163K |
| Net Assets | $619K |
| Operating Margin | 14.2% |
| Debt-to-Asset Ratio | 20.9% |
| Months of Reserves | 12.6 months |
Financial Health Grade: A
In 2024, Living Out Loud Inc reported a surplus of $123K with revenue exceeding expenses, holds 12.6 months of operating reserves (strong position), has a debt-to-asset ratio of 20.9% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2024), Living Out Loud Inc's revenue has grown at a compound annual growth rate (CAGR) of 20.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -2.1% | -13.5% | +57.4% |
| 2023 | +25.3% | +5.4% | -1.7% |
| 2022 | -31.2% | +11.0% | -14.9% |
| 2021 | +140.3% | +15.0% | +199.6% |
| 2020 | -37.3% | +9.5% | -54.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
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 Living Out Loud 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, Living Out Loud 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $123K, with revenue exceeding expenses.
- Debt-to-asset ratio: 20.9%.
Executive Compensation Analysis
Living Out Loud Inc consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This suggests a volunteer-led executive team or a highly efficient structure where top leadership compensation is not a significant expense, which is highly commendable for an organization of its size with nearly $866,000 in annual revenue.
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.
Strengths
The following positive indicators were identified for Living Out Loud Inc:
- Consistent positive net income in most years, indicating financial prudence.
- Zero reported officer compensation across all filings, demonstrating high efficiency and dedication of resources to mission.
- Significant growth in assets, from $496,912 in 2023 to $782,268 in 2024, strengthening financial reserves.
- Strong revenue generation, with latest revenue at $865,798, supporting program activities.
- Low liabilities relative to assets, indicating a healthy balance sheet.
Frequently Asked Questions about Living Out Loud Inc
Is Living Out Loud Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Living Out Loud Inc (EIN: 202518576) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Living Out Loud Inc spend its money?
Living Out Loud Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Living Out Loud Inc tax-deductible?
Living Out Loud Inc is registered as a tax-exempt nonprofit (EIN: 202518576). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Living Out Loud Inc CEO make?
Living Out Loud Inc's highest-compensated officer earns $866,000 annually. The organization reported $866K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Living Out Loud Inc's spending goes to programs?
Living Out Loud Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Living Out Loud Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Living Out Loud Inc is above average for NTEE category P99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Living Out Loud Inc located?
Living Out Loud Inc is headquartered in Towson, Maryland and files with the IRS under EIN 202518576. It is classified under NTEE code P99.
How many years of IRS 990 filings does Living Out Loud Inc have?
Living Out Loud Inc 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 $866K in total revenue.
Is Living Out Loud Inc financially stable?
Yes, Living Out Loud Inc appears financially stable. In the latest period (202406), it reported revenue of $865,798 against expenses of $742,984, resulting in a surplus. Its assets have grown significantly to $782,268, while liabilities remain manageable at $163,292.
Does Living Out Loud Inc pay its executives?
No, based on the provided IRS 990 data, Living Out Loud Inc consistently reports 0% officer compensation across all 12 filings, indicating that no salaries are paid to its executives.
How has Living Out Loud Inc's revenue trended?
Living Out Loud Inc's revenue has fluctuated but generally shown growth and stability. After a dip in 2020 ($426,843), it rebounded to over $1 million in 2021 ($1,025,572) and has maintained strong levels, reporting $865,798 in 2024.
Are Living Out Loud Inc's assets growing?
Yes, Living Out Loud Inc's assets have shown significant growth, particularly in the latest period, increasing from $496,912 in 2023 to $782,268 in 2024. This indicates effective financial management and accumulation of reserves.
Filing History
IRS 990 filing history for Living Out Loud Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2024), Living Out Loud Inc's revenue has grown by 878%, moving from $89K to $866K. Total assets increased by 1659.8% over the same period, from $44K to $782K. Total functional expenses rose by 688.7%, from $94K to $743K. In its most recent filing year (2024), Living Out Loud Inc reported a surplus of $123K, with revenue exceeding expenses. The organization holds $163K in liabilities against $782K in assets (debt-to-asset ratio: 20.9%), resulting in net assets of $619K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $866K | $743K | $782K | $163K | — | View 990 |
| 2023 | $884K | $859K | $497K | $114K | — | View 990 |
| 2022 | $706K | $815K | $506K | $149K | — | View 990 |
| 2021 | $1.0M | $734K | $594K | $128K | — | — |
| 2020 | $427K | $638K | $198K | $24K | — | View 990 |
| 2019 | $680K | $583K | $431K | $46K | — | View 990 |
| 2017 | $444K | $388K | $201K | $18K | — | — |
| 2016 | $394K | $267K | $131K | $4K | — | — |
| 2015 | $104K | $166K | $51K | $17K | — | View 990 |
| 2014 | $110K | $78K | $95K | $0 | — | View 990 |
| 2013 | $96K | $78K | $63K | $0 | — | View 990 |
| 2012 | $89K | $94K | $44K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $866K, expenses of $743K, and assets of $782K (revenue -2.1% year-over-year).
- 2023: Revenue of $884K, expenses of $859K, and assets of $497K (revenue +25.3% year-over-year).
- 2022: Revenue of $706K, expenses of $815K, and assets of $506K (revenue -31.2% year-over-year).
- 2021: Revenue of $1.0M, expenses of $734K, and assets of $594K (revenue +140.3% year-over-year).
- 2020: Revenue of $427K, expenses of $638K, and assets of $198K (revenue -37.3% year-over-year).
- 2019: Revenue of $680K, expenses of $583K, and assets of $431K (revenue +53.3% year-over-year).
- 2017: Revenue of $444K, expenses of $388K, and assets of $201K (revenue +12.6% year-over-year).
- 2016: Revenue of $394K, expenses of $267K, and assets of $131K (revenue +277.5% year-over-year).
- 2015: Revenue of $104K, expenses of $166K, and assets of $51K (revenue -5.1% year-over-year).
- 2014: Revenue of $110K, expenses of $78K, and assets of $95K (revenue +14.3% year-over-year).
- 2013: Revenue of $96K, expenses of $78K, and assets of $63K (revenue +8.8% year-over-year).
- 2012: Revenue of $89K, expenses of $94K, and assets of $44K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Living Out Loud Inc:
Data Sources and Methodology
This transparency report for Living Out Loud 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.