Living Springs Retreat Inc
Living Springs Retreat Inc. shows strong financial growth and no reported officer compensation in recent years.
EIN: 133022832 · Roanoke, AL · Updated: 2026-03-28
Is Living Springs Retreat Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Living Springs Retreat Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Living Springs Retreat Inc
Living Springs Retreat Inc (EIN: 133022832) is a nonprofit organization based in Roanoke, AL. The organization reported total revenue of $1.3M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Living Springs Retreat Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Living Springs Retreat Inc is a mid-size nonprofit that has been operating for 45 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $984K |
| Total Expenses | $524K |
| Surplus / Deficit | +$460K |
| Total Assets | $1.5M |
| Total Liabilities | $3K |
| Net Assets | $1.5M |
| Operating Margin | 46.8% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 35.3 months |
Financial Health Grade: A
In 2023, Living Springs Retreat Inc reported a surplus of $460K with revenue exceeding expenses, holds 35.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Living Springs Retreat Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +187.4% | +80.0% | +42.9% |
| 2022 | +8.3% | -1.7% | +5.0% |
| 2021 | +19.6% | +10.2% | +1.2% |
| 2020 | -12.6% | -6.5% | -0.6% |
| 2019 | +52.4% | +61.5% | +0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1981 |
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 Springs Retreat 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 Springs Retreat 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 surplus of $460K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees received compensation from the organization. This suggests a volunteer-led or very lean operational structure, which is highly favorable for directing funds to the mission.
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 Springs Retreat Inc's IRS 990 filings:
- NTEE Code is unknown, which limits understanding of its specific programmatic focus and peer comparisons.
Strengths
The following positive indicators were identified for Living Springs Retreat Inc:
- Consistent asset growth, reaching $1,541,876 in 2023.
- No reported officer compensation across all filings, indicating high efficiency in executive spending.
- Significant revenue growth in 2023 ($983,971) far exceeding expenses ($523,614), leading to a healthy surplus.
- Low liabilities in most periods, demonstrating sound financial management.
Frequently Asked Questions about Living Springs Retreat Inc
Is Living Springs Retreat Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Living Springs Retreat Inc (EIN: 133022832) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Living Springs Retreat Inc spend its money?
Living Springs Retreat Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Living Springs Retreat Inc tax-deductible?
Living Springs Retreat Inc is registered as a tax-exempt nonprofit (EIN: 133022832). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Living Springs Retreat Inc. sustain its operations without officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization may rely heavily on volunteer leadership or that compensation for key personnel is covered through other means not reported as officer compensation on the 990, or that the organization's structure allows for minimal paid executive roles.
What caused the significant increase in revenue and assets in the 2023 period?
The data shows a substantial jump in revenue from $342,335 in 2022 to $983,971 in 2023, and assets from $1,078,741 to $1,541,876. This could be due to successful fundraising campaigns, large donations, grants, or increased program service revenue, indicating a period of significant growth.
What is the nature of the liabilities reported in 2023?
The 2023 filing shows liabilities of $2,779, after several years of $0. While a small amount, understanding the nature of these liabilities (e.g., accounts payable, short-term debt) would provide more insight into the organization's financial obligations.
Filing History
IRS 990 filing history for Living Springs Retreat Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Living Springs Retreat Inc's revenue has grown by 482.4%, moving from $169K to $984K. Total assets increased by 32.7% over the same period, from $1.2M to $1.5M. Total functional expenses rose by 101.8%, from $259K to $524K. In its most recent filing year (2023), Living Springs Retreat Inc reported a surplus of $460K, with revenue exceeding expenses. The organization holds $3K in liabilities against $1.5M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $984K | $524K | $1.5M | $3K | — | — |
| 2022 | $342K | $291K | $1.1M | $0 | — | View 990 |
| 2021 | $316K | $296K | $1.0M | $0 | — | View 990 |
| 2020 | $264K | $269K | $1.0M | $8K | — | View 990 |
| 2019 | $302K | $287K | $1.0M | $10K | — | View 990 |
| 2018 | $198K | $178K | $1.0M | $18K | — | View 990 |
| 2017 | $180K | $237K | $996K | $20K | — | View 990 |
| 2016 | $141K | $163K | $1.1M | $20K | — | View 990 |
| 2015 | $136K | $143K | $1.1M | $20K | — | View 990 |
| 2014 | $148K | $174K | $1.1M | $10K | — | View 990 |
| 2013 | $125K | $184K | $1.1M | $10K | — | View 990 |
| 2012 | $189K | $203K | $1.2M | $6K | — | View 990 |
| 2011 | $169K | $259K | $1.2M | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $984K, expenses of $524K, and assets of $1.5M (revenue +187.4% year-over-year).
- 2022: Revenue of $342K, expenses of $291K, and assets of $1.1M (revenue +8.3% year-over-year).
- 2021: Revenue of $316K, expenses of $296K, and assets of $1.0M (revenue +19.6% year-over-year).
- 2020: Revenue of $264K, expenses of $269K, and assets of $1.0M (revenue -12.6% year-over-year).
- 2019: Revenue of $302K, expenses of $287K, and assets of $1.0M (revenue +52.4% year-over-year).
- 2018: Revenue of $198K, expenses of $178K, and assets of $1.0M (revenue +10.2% year-over-year).
- 2017: Revenue of $180K, expenses of $237K, and assets of $996K (revenue +27.3% year-over-year).
- 2016: Revenue of $141K, expenses of $163K, and assets of $1.1M (revenue +3.9% year-over-year).
- 2015: Revenue of $136K, expenses of $143K, and assets of $1.1M (revenue -8.1% year-over-year).
- 2014: Revenue of $148K, expenses of $174K, and assets of $1.1M (revenue +18.7% year-over-year).
- 2013: Revenue of $125K, expenses of $184K, and assets of $1.1M (revenue -34.2% year-over-year).
- 2012: Revenue of $189K, expenses of $203K, and assets of $1.2M (revenue +12.1% year-over-year).
- 2011: Revenue of $169K, expenses of $259K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Living Springs Retreat Inc:
Data Sources and Methodology
This transparency report for Living Springs Retreat 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.