Mission Life Inc
Mission Life Inc consistently operates on a modest budget with volunteer leadership and stable assets.
EIN: 200969442 · Wellfleet, NE · NTEE: P80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $90K |
| Total Expenses | $107K |
| Program Spending | 90% |
| Net Assets | $16K |
| Transparency Score | 92/100 |
Is Mission Life Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mission Life Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mission Life Inc
Mission Life Inc (EIN: 200969442) is a nonprofit organization based in Wellfleet, NE, classified under NTEE code P80. The organization reported total revenue of $90K and total assets of $19K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mission Life Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mission Life Inc is a micro nonprofit that has been operating for 10 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $103K |
| Total Expenses | $107K |
| Surplus / Deficit | $-4,452 |
| Total Assets | $17K |
| Total Liabilities | $1K |
| Net Assets | $16K |
| Operating Margin | -4.3% |
| Debt-to-Asset Ratio | 7.0% |
| Months of Reserves | 1.9 months |
Financial Health Grade: C
In 2023, Mission Life Inc reported a deficit of $4K with expenses exceeding revenue, holds 1.9 months of operating reserves (limited), has a debt-to-asset ratio of 7.0% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Mission Life Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.3% | +8.2% | -19.0% |
| 2022 | +6.9% | +4.4% | +11.4% |
| 2021 | +19.4% | +1.0% | +24.5% |
| 2020 | +10.2% | +19.3% | -37.4% |
| 2019 | -10.8% | +8.5% | +50.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
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 Mission Life Inc with a Mission Score of 92 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Mission Life Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 deficit of $4K, with expenses exceeding revenue.
- Debt-to-asset ratio: 7.0%.
Executive Compensation Analysis
Mission Life Inc consistently reports 0% officer compensation across all available filings, indicating a volunteer-led organization where no funds are allocated to executive salaries, which is highly efficient for a nonprofit of its size.
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 Mission Life Inc's IRS 990 filings:
- Small operating budget, limiting potential impact scale
- Occasional operating deficits, such as in 2023 ($107,068 expenses vs. $102,616 revenue)
Strengths
The following positive indicators were identified for Mission Life Inc:
- Consistent 0% officer compensation, indicating volunteer leadership and high efficiency
- Long history of IRS 990 filings (14 filings), demonstrating transparency and compliance
- Assets consistently exceed liabilities, indicating financial solvency
- Stable revenue base over the past decade, showing consistent support
Frequently Asked Questions about Mission Life Inc
Is Mission Life Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mission Life Inc (EIN: 200969442) some concerns. Mission Score: 92/100. 2 red flags identified, 4 strengths noted.
How does Mission Life Inc spend its money?
Mission Life Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mission Life Inc tax-deductible?
Mission Life Inc is registered as a tax-exempt nonprofit (EIN: 200969442). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Mission Life Inc's spending goes to programs?
Mission Life Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mission Life Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Mission Life Inc is above average for NTEE category P80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mission Life Inc located?
Mission Life Inc is headquartered in Wellfleet, Nebraska and files with the IRS under EIN 200969442. It is classified under NTEE code P80.
How many years of IRS 990 filings does Mission Life Inc have?
Mission Life Inc has 14 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 $90K in total revenue.
Is Mission Life Inc financially stable?
Yes, Mission Life Inc appears financially stable. While it experienced a small deficit in 2023, its assets ($16,804) significantly outweigh its liabilities ($1,183), and its revenue and expense levels have been consistent over many years.
How does Mission Life Inc manage executive compensation?
Mission Life Inc manages executive compensation by not paying any. All available filings show 0% officer compensation, indicating a volunteer-driven leadership model.
What is the trend in Mission Life Inc's assets?
Mission Life Inc's assets have fluctuated but generally remained stable, ranging from a low of $2,046 in 2014 to a high of $29,365 in 2017, with current assets at $16,804 (2023).
Does Mission Life Inc have high administrative costs?
Based on the 0% officer compensation and the overall modest budget, it is highly probable that Mission Life Inc has very low administrative costs, with most expenses directed towards programs.
Filing History
IRS 990 filing history for Mission Life Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Mission Life Inc's revenue has grown by 20.5%, moving from $85K to $103K. Total assets increased by 297.6% over the same period, from $4K to $17K. Total functional expenses rose by 27.4%, from $84K to $107K. In its most recent filing year (2023), Mission Life Inc reported a deficit of $4K, with expenses exceeding revenue. The organization holds $1K in liabilities against $17K in assets (debt-to-asset ratio: 7.0%), resulting in net assets of $16K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $103K | $107K | $17K | $1K | — | — |
| 2022 | $111K | $99K | $21K | $2K | — | View 990 |
| 2021 | $104K | $95K | $19K | $913 | — | View 990 |
| 2020 | $87K | $94K | $15K | $1K | — | — |
| 2019 | $79K | $79K | $24K | $2K | — | View 990 |
| 2018 | $88K | $72K | $16K | $0 | — | View 990 |
| 2017 | $84K | $83K | $29K | $0 | — | — |
| 2016 | $79K | $90K | $28K | $0 | — | View 990 |
| 2015 | $58K | $69K | $18K | $29K | — | — |
| 2014 | $73K | $75K | $2K | $2K | — | — |
| 2013 | $65K | $64K | $4K | $2K | — | — |
| 2012 | $52K | $54K | $3K | $2K | — | — |
| 2011 | $77K | $76K | $5K | $2K | — | View 990 |
| 2010 | $85K | $84K | $4K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $103K, expenses of $107K, and assets of $17K (revenue -7.3% year-over-year).
- 2022: Revenue of $111K, expenses of $99K, and assets of $21K (revenue +6.9% year-over-year).
- 2021: Revenue of $104K, expenses of $95K, and assets of $19K (revenue +19.4% year-over-year).
- 2020: Revenue of $87K, expenses of $94K, and assets of $15K (revenue +10.2% year-over-year).
- 2019: Revenue of $79K, expenses of $79K, and assets of $24K (revenue -10.8% year-over-year).
- 2018: Revenue of $88K, expenses of $72K, and assets of $16K (revenue +4.8% year-over-year).
- 2017: Revenue of $84K, expenses of $83K, and assets of $29K (revenue +6.2% year-over-year).
- 2016: Revenue of $79K, expenses of $90K, and assets of $28K (revenue +36.3% year-over-year).
- 2015: Revenue of $58K, expenses of $69K, and assets of $18K (revenue -20.1% year-over-year).
- 2014: Revenue of $73K, expenses of $75K, and assets of $2K (revenue +12.1% year-over-year).
- 2013: Revenue of $65K, expenses of $64K, and assets of $4K (revenue +23.9% year-over-year).
- 2012: Revenue of $52K, expenses of $54K, and assets of $3K (revenue -32.2% year-over-year).
- 2011: Revenue of $77K, expenses of $76K, and assets of $5K (revenue -9.2% year-over-year).
- 2010: Revenue of $85K, expenses of $84K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mission Life Inc:
Data Sources and Methodology
This transparency report for Mission Life 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.