Living Well Foundation
Living Well Foundation maintains substantial assets with consistent revenue exceeding expenses in most years, reporting no officer compensation.
EIN: 205705242 · West Monroe, LA · NTEE: E11 · Updated: 2026-03-28
Is Living Well Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Living Well Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Living Well Foundation
Living Well Foundation (EIN: 205705242) is a nonprofit organization based in West Monroe, LA, classified under NTEE code E11. The organization reported total revenue of $8.9M and total assets of $49.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Living Well Foundation'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 Living Well Foundation with a Mission Score of 85 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 Well Foundation 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
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with assets nearing $50 million. This suggests either a fully volunteer-led executive team or that executive compensation is categorized under other expense lines, which would require further investigation of the full 990 forms to understand the true administrative overhead.
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 Well Foundation's IRS 990 filings:
- Consistent $0 officer compensation reported, which is highly unusual for an organization of this asset size and warrants further investigation into how leadership is compensated or if it's truly volunteer-led.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes it difficult to fully assess spending efficiency.
- Significant discrepancy between 'Latest Revenue' ($8,864,284) and historical annual revenues (e.g., $1,315,373 in 2023), requiring clarification.
Strengths
The following positive indicators were identified for Living Well Foundation:
- Strong asset base, consistently maintaining around $47-49 million over the past decade, indicating financial stability.
- Generally sound financial management with revenues exceeding expenses in most reported years, allowing for asset retention or growth.
- Low liabilities relative to assets, suggesting a healthy balance sheet and low financial risk.
- Consistent IRS 990 filing history (13 filings), demonstrating commitment to transparency and regulatory compliance.
Frequently Asked Questions about Living Well Foundation
Is Living Well Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Living Well Foundation (EIN: 205705242) some concerns. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.
How does Living Well Foundation spend its money?
Living Well Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Living Well Foundation tax-deductible?
Living Well Foundation is registered as a tax-exempt nonprofit (EIN: 205705242). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Living Well Foundation manage to operate with $0 reported officer compensation?
The consistent reporting of 0% officer compensation across all 13 filings is highly unusual for an organization with assets of nearly $50 million. This could indicate a fully volunteer-led executive team, or that compensation for key personnel is reported under different expense categories (e.g., salaries and wages for employees rather than officers), or through related organizations. A deeper dive into the full 990 forms, specifically Part VII, Section A, would be necessary to clarify this.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided summary data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. While the organization generally spends less than it earns, a precise understanding of its spending efficiency requires access to the full 990 forms, specifically Part IX, Statement of Functional Expenses.
Given the NTEE code E11 (Housing/Shelter), what specific programs does Living Well Foundation operate?
The NTEE code E11 indicates a focus on Housing/Shelter services. However, the provided financial summary does not detail the specific programs or services offered by the Living Well Foundation. To understand its programmatic impact, one would need to review the organization's mission statement and program service accomplishments detailed in Part III of its full 990 filings.
Why is there a significant jump in 'Latest Revenue' ($8,864,284) compared to the historical 990 filing revenues (e.g., $1,315,373 in 2023)?
The 'Latest Revenue' figure of $8,864,284 is significantly higher than any of the annual revenues reported in the historical 990 filings provided. This discrepancy suggests that the 'Latest Revenue' might be a cumulative figure, a revenue from a different reporting period not included in the historical list, or includes a one-time large grant or asset sale. It's crucial to reconcile this figure with a specific 990 filing to understand its source and impact on the organization's financial health.
Filing History
IRS 990 filing history for Living Well Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Living Well Foundation's revenue has declined by 54.3%, moving from $2.9M to $1.3M. Total assets decreased by 1.9% over the same period, from $49.0M to $48.1M. Total functional expenses fell by 19.7%, from $1.0M to $839K. In its most recent filing year (2023), Living Well Foundation reported a surplus of $476K, with revenue exceeding expenses. The organization holds $55K in liabilities against $48.1M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $48.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $839K | $48.1M | $55K | — | — |
| 2022 | $557K | $619K | $46.5M | $60K | — | — |
| 2021 | $448K | $615K | $48.2M | $145K | — | View 990 |
| 2020 | $631K | $793K | $48.7M | $205K | — | View 990 |
| 2019 | $1.1M | $928K | $48.7M | $392K | — | View 990 |
| 2018 | $882K | $688K | $47.6M | $414K | — | View 990 |
| 2017 | $794K | $608K | $47.5M | $378K | — | View 990 |
| 2016 | $891K | $675K | $47.3M | $421K | — | View 990 |
| 2015 | $825K | $653K | $47.7M | $324K | — | View 990 |
| 2014 | $930K | $478K | $47.6M | $186K | — | View 990 |
| 2013 | $499K | $942K | $47.3M | $326K | — | View 990 |
| 2012 | $610K | $916K | $48.4M | $235K | — | View 990 |
| 2011 | $2.9M | $1.0M | $49.0M | $351K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $839K, and assets of $48.1M (revenue +136.2% year-over-year).
- 2022: Revenue of $557K, expenses of $619K, and assets of $46.5M (revenue +24.3% year-over-year).
- 2021: Revenue of $448K, expenses of $615K, and assets of $48.2M (revenue -29.0% year-over-year).
- 2020: Revenue of $631K, expenses of $793K, and assets of $48.7M (revenue -41.3% year-over-year).
- 2019: Revenue of $1.1M, expenses of $928K, and assets of $48.7M (revenue +21.9% year-over-year).
- 2018: Revenue of $882K, expenses of $688K, and assets of $47.6M (revenue +11.0% year-over-year).
- 2017: Revenue of $794K, expenses of $608K, and assets of $47.5M (revenue -10.8% year-over-year).
- 2016: Revenue of $891K, expenses of $675K, and assets of $47.3M (revenue +8.0% year-over-year).
- 2015: Revenue of $825K, expenses of $653K, and assets of $47.7M (revenue -11.3% year-over-year).
- 2014: Revenue of $930K, expenses of $478K, and assets of $47.6M (revenue +86.6% year-over-year).
- 2013: Revenue of $499K, expenses of $942K, and assets of $47.3M (revenue -18.3% year-over-year).
- 2012: Revenue of $610K, expenses of $916K, and assets of $48.4M (revenue -78.8% year-over-year).
- 2011: Revenue of $2.9M, expenses of $1.0M, and assets of $49.0M.
Data Sources and Methodology
This transparency report for Living Well Foundation 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.