More Too Life
More Too Life frequently operates at a deficit, with expenses often exceeding revenue in recent years.
EIN: 205970211 · Sarasota, FL · NTEE: O50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $1.2M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $277K |
| Transparency Score | 75/100 |
Is More Too Life Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
More Too Life directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About More Too Life
More Too Life (EIN: 205970211) is a nonprofit organization based in Sarasota, FL, classified under NTEE code O50. The organization reported total revenue of $1.1M and total assets of $342K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of More Too Life's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
More Too Life is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 16.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $868K |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-324,642 |
| Total Assets | $524K |
| Total Liabilities | $248K |
| Net Assets | $277K |
| Operating Margin | -37.4% |
| Debt-to-Asset Ratio | 47.2% |
| Months of Reserves | 5.3 months |
Financial Health Grade: B
In 2023, More Too Life reported a deficit of $325K with expenses exceeding revenue, holds 5.3 months of operating reserves (adequate), has a debt-to-asset ratio of 47.2% (moderate leverage).
Financial Trends
Over 10 years of filings (2014–2023), More Too Life's revenue has grown at a compound annual growth rate (CAGR) of 16.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -41.8% | -28.6% | -23.8% |
| 2022 | +21.2% | +39.8% | +14.2% |
| 2021 | +4.9% | +5.8% | +35.9% |
| 2020 | -12.0% | -17.1% | +249.7% |
| 2019 | +59.0% | +58.5% | -14.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 More Too Life with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, More Too Life allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $325K, with expenses exceeding revenue.
- Debt-to-asset ratio: 47.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This suggests a strong commitment to directing resources towards program services rather than executive salaries, which is commendable for an organization of its size with over $1 million in annual revenue.
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 More Too Life's IRS 990 filings:
- Recurring operational deficits (e.g., $324,642 in 2023, $179,093 in 2022)
- Significant increase in liabilities in 2023 to $247,690
Strengths
The following positive indicators were identified for More Too Life:
- Consistent reporting of 0% officer compensation, indicating strong resource allocation to mission
- Demonstrated ability to raise over $1 million in revenue in multiple recent years
- Growth in total assets over the past decade, from $112,289 in 2014 to $524,254 in 2023
Frequently Asked Questions about More Too Life
Is More Too Life a legitimate charity?
More Too Life (EIN: 205970211) is a registered tax-exempt nonprofit based in Florida. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.1M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does More Too Life spend its money?
More Too Life directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to More Too Life tax-deductible?
More Too Life is registered as a tax-exempt nonprofit (EIN: 205970211). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the More Too Life CEO make?
More Too Life's highest-compensated officer earns $1 annually. The organization reported $1.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of More Too Life's spending goes to programs?
More Too Life directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does More Too Life compare to similar nonprofits?
With a transparency score of 75/100 (Good), More Too Life is above average for NTEE category O50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is More Too Life located?
More Too Life is headquartered in Sarasota, Florida and files with the IRS under EIN 205970211. It is classified under NTEE code O50.
How many years of IRS 990 filings does More Too Life have?
More Too Life has 10 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 $1.1M in total revenue.
Is More Too Life financially sustainable given its recurring deficits?
More Too Life has frequently reported expenses exceeding revenue, such as a $324,642 deficit in 2023 and a $179,093 deficit in 2022. While it has accumulated assets, this pattern raises concerns about long-term financial sustainability without consistent revenue growth or expense control.
How does More Too Life manage its liabilities, which have increased significantly in some years?
Liabilities have fluctuated, reaching $247,690 in 2023, a substantial increase from $87,218 in 2022 and $61,640 in 2021. The nature of these liabilities and the organization's strategy for managing them would be important to understand for a complete financial picture.
What is the specific breakdown of program, administrative, and fundraising expenses?
While the provided data doesn't give exact percentages for each category, the consistent 0% officer compensation suggests a high proportion of expenses are directed towards programs and necessary overhead. A detailed Form 990 would provide this specific breakdown.
Filing History
IRS 990 filing history for More Too Life showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), More Too Life's revenue has grown by 308.6%, moving from $213K to $868K. Total assets increased by 366.9% over the same period, from $112K to $524K. Total functional expenses rose by 807.2%, from $132K to $1.2M. In its most recent filing year (2023), More Too Life reported a deficit of $325K, with expenses exceeding revenue. The organization holds $248K in liabilities against $524K in assets (debt-to-asset ratio: 47.2%), resulting in net assets of $277K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $868K | $1.2M | $524K | $248K | — | — |
| 2022 | $1.5M | $1.7M | $688K | $87K | — | View 990 |
| 2021 | $1.2M | $1.2M | $603K | $62K | — | — |
| 2020 | $1.2M | $1.1M | $444K | $220K | — | — |
| 2019 | $1.3M | $1.4M | $127K | $14K | — | View 990 |
| 2018 | $839K | $859K | $149K | $7K | — | View 990 |
| 2017 | $359K | $282K | $176K | $100 | — | View 990 |
| 2016 | $459K | $462K | $99K | $0 | — | View 990 |
| 2015 | $278K | $286K | $106K | $3K | — | View 990 |
| 2014 | $213K | $132K | $112K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $868K, expenses of $1.2M, and assets of $524K (revenue -41.8% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.7M, and assets of $688K (revenue +21.2% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.2M, and assets of $603K (revenue +4.9% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.1M, and assets of $444K (revenue -12.0% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.4M, and assets of $127K (revenue +59.0% year-over-year).
- 2018: Revenue of $839K, expenses of $859K, and assets of $149K (revenue +133.5% year-over-year).
- 2017: Revenue of $359K, expenses of $282K, and assets of $176K (revenue -21.7% year-over-year).
- 2016: Revenue of $459K, expenses of $462K, and assets of $99K (revenue +65.2% year-over-year).
- 2015: Revenue of $278K, expenses of $286K, and assets of $106K (revenue +30.7% year-over-year).
- 2014: Revenue of $213K, expenses of $132K, and assets of $112K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for More Too Life:
Data Sources and Methodology
This transparency report for More Too Life 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.