Living Resources Corp
Living Resources Corp consistently operates with a surplus, growing assets, and no reported officer compensation in recent filings.
EIN: 141564208 · Albany, NY · NTEE: P73Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $56.2M |
| Total Expenses | $51.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $56,200,020 |
| Net Assets | $10.4M |
| Transparency Score | 80/100 |
Is Living Resources Corp Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Living Resources Corp directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Living Resources Corp
Living Resources Corp (EIN: 141564208) is a nonprofit organization based in Albany, NY, classified under NTEE code P73Z. The organization reported total revenue of $56.2M and total assets of $32.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Living Resources Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Living Resources Corp is a major nonprofit that has been operating for 51 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $51.6M |
| Total Expenses | $51.2M |
| Surplus / Deficit | +$440K |
| Total Assets | $28.0M |
| Total Liabilities | $17.6M |
| Net Assets | $10.4M |
| Operating Margin | 0.9% |
| Debt-to-Asset Ratio | 62.7% |
| Months of Reserves | 6.6 months |
Financial Health Grade: A
In 2023, Living Resources Corp reported a surplus of $440K with revenue exceeding expenses, holds 6.6 months of operating reserves (strong position), has a debt-to-asset ratio of 62.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Living Resources Corp's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.2% | -10.6% | +5.2% |
| 2022 | +19.7% | +23.2% | -3.6% |
| 2021 | +8.4% | +7.8% | +10.4% |
| 2020 | +1.5% | -0.2% | +6.0% |
| 2019 | +5.0% | +2.9% | +6.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1975 |
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 Resources Corp with a Mission Score of 80 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 Resources Corp 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 surplus of $440K, with revenue exceeding expenses.
- Debt-to-asset ratio: 62.7%.
Executive Compensation Analysis
The provided data indicates 0% officer compensation across all listed filing periods, which is unusual for an organization of this size (latest revenue $56,200,020). This suggests that executive compensation may be reported under other categories or that the organization relies heavily on volunteer leadership, requiring a deeper dive into the full 990 forms for complete understanding.
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 Living Resources Corp's IRS 990 filings:
- Lack of detailed spending breakdown in summary data
- Unusual 0% officer compensation reported for an organization of this scale, requiring further investigation
Strengths
The following positive indicators were identified for Living Resources Corp:
- Consistent operational surpluses (e.g., $51,597,210 revenue vs. $51,156,716 expenses in 2023)
- Steady growth in assets over the past decade (from $22,183,820 in 2014 to $28,006,293 in 2023)
- Revenue consistently exceeding expenses, indicating financial stability
Frequently Asked Questions about Living Resources Corp
Is Living Resources Corp a legitimate charity?
Living Resources Corp (EIN: 141564208) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 80/100. It has 13 years of IRS 990 filings on record. Total revenue: $56.2M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Living Resources Corp spend its money?
Living Resources Corp directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Living Resources Corp tax-deductible?
Living Resources Corp is registered as a tax-exempt nonprofit (EIN: 141564208). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Living Resources Corp CEO make?
Living Resources Corp's highest-compensated officer earns $56,200,020 annually. The organization reported $56.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Living Resources Corp's spending goes to programs?
Living Resources Corp directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Living Resources Corp compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Living Resources Corp is above average for NTEE category P73Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Living Resources Corp located?
Living Resources Corp is headquartered in Albany, New York and files with the IRS under EIN 141564208. It is classified under NTEE code P73Z.
How many years of IRS 990 filings does Living Resources Corp have?
Living Resources Corp has 13 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 $56.2M in total revenue.
How does Living Resources Corp manage to report 0% officer compensation given its size?
The provided summary data consistently shows 0% officer compensation. This could mean executives are compensated through other means not categorized as 'officer compensation' in this summary, or the organization has a unique compensation structure. A review of the full IRS 990 forms would be necessary to understand this fully.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided summary data does not offer a detailed breakdown of these expense categories. To understand the organization's spending efficiency in these areas, one would need to consult the full IRS 990 filings, specifically Part IX, Statement of Functional Expenses.
Is the organization's asset growth sustainable?
Living Resources Corp has shown consistent asset growth, from $22,183,820 in 2014 to $28,006,293 in 2023. This growth, coupled with consistent revenue exceeding expenses, suggests a sustainable financial trajectory, though future economic conditions and operational changes could impact this.
Filing History
IRS 990 filing history for Living Resources Corp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Living Resources Corp's revenue has grown by 59.1%, moving from $32.4M to $51.6M. Total assets increased by 11% over the same period, from $25.2M to $28.0M. Total functional expenses rose by 57.6%, from $32.5M to $51.2M. In its most recent filing year (2023), Living Resources Corp reported a surplus of $440K, with revenue exceeding expenses. The organization holds $17.6M in liabilities against $28.0M in assets (debt-to-asset ratio: 62.7%), resulting in net assets of $10.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $51.6M | $51.2M | $28.0M | $17.6M | — | — |
| 2022 | $57.5M | $57.2M | $26.6M | $16.6M | — | — |
| 2021 | $48.0M | $46.4M | $27.6M | $18.6M | — | View 990 |
| 2020 | $44.3M | $43.1M | $25.0M | $18.1M | — | — |
| 2019 | $43.6M | $43.2M | $23.6M | $17.7M | — | View 990 |
| 2018 | $41.5M | $41.9M | $22.1M | $16.5M | — | View 990 |
| 2017 | $39.3M | $38.9M | $22.5M | $16.7M | — | — |
| 2016 | $37.6M | $36.9M | $21.5M | $16.2M | — | View 990 |
| 2015 | $35.9M | $36.2M | $22.9M | $18.5M | — | View 990 |
| 2014 | $34.4M | $34.8M | $22.2M | $17.3M | — | View 990 |
| 2013 | $33.3M | $33.5M | $24.3M | $18.4M | — | View 990 |
| 2012 | $32.1M | $32.1M | $23.7M | $18.5M | — | View 990 |
| 2011 | $32.4M | $32.5M | $25.2M | $20.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $51.6M, expenses of $51.2M, and assets of $28.0M (revenue -10.2% year-over-year).
- 2022: Revenue of $57.5M, expenses of $57.2M, and assets of $26.6M (revenue +19.7% year-over-year).
- 2021: Revenue of $48.0M, expenses of $46.4M, and assets of $27.6M (revenue +8.4% year-over-year).
- 2020: Revenue of $44.3M, expenses of $43.1M, and assets of $25.0M (revenue +1.5% year-over-year).
- 2019: Revenue of $43.6M, expenses of $43.2M, and assets of $23.6M (revenue +5.0% year-over-year).
- 2018: Revenue of $41.5M, expenses of $41.9M, and assets of $22.1M (revenue +5.8% year-over-year).
- 2017: Revenue of $39.3M, expenses of $38.9M, and assets of $22.5M (revenue +4.6% year-over-year).
- 2016: Revenue of $37.6M, expenses of $36.9M, and assets of $21.5M (revenue +4.7% year-over-year).
- 2015: Revenue of $35.9M, expenses of $36.2M, and assets of $22.9M (revenue +4.3% year-over-year).
- 2014: Revenue of $34.4M, expenses of $34.8M, and assets of $22.2M (revenue +3.1% year-over-year).
- 2013: Revenue of $33.3M, expenses of $33.5M, and assets of $24.3M (revenue +4.0% year-over-year).
- 2012: Revenue of $32.1M, expenses of $32.1M, and assets of $23.7M (revenue -1.1% year-over-year).
- 2011: Revenue of $32.4M, expenses of $32.5M, and assets of $25.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Living Resources Corp:
Data Sources and Methodology
This transparency report for Living Resources Corp 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.