Mcleod Life Step Institute
EIN: 465548146 · Corrales, NM · NTEE: S80
| Metric | Value |
|---|---|
| Total Revenue | $1 |
| Total Expenses | $35K |
| Net Assets | $9K |
Is Mcleod Life Step Institute Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mcleod Life Step Institute
Mcleod Life Step Institute (EIN: 465548146) is a nonprofit organization based in Corrales, NM, classified under NTEE code S80. The organization reported total revenue of $1 and total assets of $9K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mcleod Life Step Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mcleod Life Step Institute is a micro nonprofit that has been operating for 12 years, with 3 years of IRS 990 filings on record (2014–2019). Revenue has grown at a compound annual rate of -84.2%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $1 |
| Total Expenses | $35K |
| Surplus / Deficit | $-35,392 |
| Total Assets | $9K |
| Total Liabilities | $1 |
| Net Assets | $9K |
| Operating Margin | -3539200.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 3.2 months |
Financial Health Grade: B
In 2019, Mcleod Life Step Institute reported a deficit of $35K with expenses exceeding revenue, holds 3.2 months of operating reserves (adequate), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 3 years of filings (2014–2019), Mcleod Life Step Institute's revenue has declined at a compound annual growth rate (CAGR) of -84.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -100.0% | +192.8% | -72.3% |
| 2015 | +288.3% | +90.5% | +655.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mcleod Life Step Institute has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mcleod Life Step Institute with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $35K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Mcleod Life Step Institute
Is Mcleod Life Step Institute a legitimate charity?
Mcleod Life Step Institute (EIN: 465548146) is a registered tax-exempt nonprofit based in New Mexico. It has 3 years of IRS 990 filings on record. Total revenue: $1. No red flags identified. Financial health grade: B.
How does Mcleod Life Step Institute spend its money?
Mcleod Life Step Institute reported $1 in total revenue in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mcleod Life Step Institute tax-deductible?
Mcleod Life Step Institute is registered as a tax-exempt nonprofit (EIN: 465548146). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mcleod Life Step Institute located?
Mcleod Life Step Institute is headquartered in Corrales, New Mexico and files with the IRS under EIN 465548146. It is classified under NTEE code S80.
How many years of IRS 990 filings does Mcleod Life Step Institute have?
Mcleod Life Step Institute has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $1 in total revenue.
Filing History
IRS 990 filing history for Mcleod Life Step Institute showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2014–2019), Mcleod Life Step Institute's revenue has declined by 100%, moving from $10K to $1. Total assets increased by 109.3% over the same period, from $4K to $9K. Total functional expenses rose by 457.8%, from $6K to $35K. In its most recent filing year (2019), Mcleod Life Step Institute reported a deficit of $35K, with expenses exceeding revenue. The organization holds $1 in liabilities against $9K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $9K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $1 | $35K | $9K | $1 | — | — |
| 2015 | $40K | $12K | $34K | $2K | — | View 990 |
| 2014 | $10K | $6K | $4K | $543 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $1, expenses of $35K, and assets of $9K (revenue -100.0% year-over-year).
- 2015: Revenue of $40K, expenses of $12K, and assets of $34K (revenue +288.3% year-over-year).
- 2014: Revenue of $10K, expenses of $6K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mcleod Life Step Institute:
Data Sources and Methodology
This transparency report for Mcleod Life Step Institute 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.