Old School Lives Incorporated
EIN: 454957549 · Cotton, MN · NTEE: S30
| Metric | Value |
|---|---|
| Total Revenue | $238K |
| Total Expenses | $194K |
| Net Assets | $65K |
Is Old School Lives Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Old School Lives Incorporated
Old School Lives Incorporated (EIN: 454957549) is a nonprofit organization based in Cotton, MN, classified under NTEE code S30. The organization reported total revenue of $238K and total assets of $104K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Old School Lives Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Old School Lives Incorporated is a small nonprofit that has been operating for 13 years, with 6 years of IRS 990 filings on record (2013–2018). Revenue has grown at a compound annual rate of 14.3%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $206K |
| Total Expenses | $194K |
| Surplus / Deficit | +$12K |
| Total Assets | $104K |
| Total Liabilities | $39K |
| Net Assets | $65K |
| Operating Margin | 5.9% |
| Debt-to-Asset Ratio | 37.5% |
| Months of Reserves | 6.5 months |
Financial Health Grade: A
In 2018, Old School Lives Incorporated reported a surplus of $12K with revenue exceeding expenses, holds 6.5 months of operating reserves (strong position), has a debt-to-asset ratio of 37.5% (moderate leverage).
Financial Trends
Over 6 years of filings (2013–2018), Old School Lives Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 14.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -29.2% | -34.2% | +23.2% |
| 2017 | +29.8% | +25.6% | -8.8% |
| 2016 | +60.4% | +73.9% | +7.3% |
| 2015 | -14.1% | -0.7% | -56.7% |
| 2014 | +54.3% | +30.0% | +2139.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Old School Lives Incorporated 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 Old School Lives Incorporated 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 (2018)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $12K, with revenue exceeding expenses.
- Debt-to-asset ratio: 37.5%.
Frequently Asked Questions about Old School Lives Incorporated
Is Old School Lives Incorporated a legitimate charity?
Old School Lives Incorporated (EIN: 454957549) is a registered tax-exempt nonprofit based in Minnesota. It has 6 years of IRS 990 filings on record. Total revenue: $238K. No red flags identified. Financial health grade: A.
How does Old School Lives Incorporated spend its money?
Old School Lives Incorporated reported $238K in total revenue in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Old School Lives Incorporated tax-deductible?
Old School Lives Incorporated is registered as a tax-exempt nonprofit (EIN: 454957549). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Old School Lives Incorporated located?
Old School Lives Incorporated is headquartered in Cotton, Minnesota and files with the IRS under EIN 454957549. It is classified under NTEE code S30.
How many years of IRS 990 filings does Old School Lives Incorporated have?
Old School Lives Incorporated has 6 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 $238K in total revenue.
Filing History
IRS 990 filing history for Old School Lives Incorporated showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2013–2018), Old School Lives Incorporated's revenue has grown by 95.4%, moving from $105K to $206K. Total assets increased by 1069.3% over the same period, from $9K to $104K. Total functional expenses rose by 85.6%, from $104K to $194K. In its most recent filing year (2018), Old School Lives Incorporated reported a surplus of $12K, with revenue exceeding expenses. The organization holds $39K in liabilities against $104K in assets (debt-to-asset ratio: 37.5%), resulting in net assets of $65K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $206K | $194K | $104K | $39K | — | View 990 |
| 2017 | $291K | $294K | $84K | $31K | — | View 990 |
| 2016 | $224K | $234K | $93K | $36K | — | View 990 |
| 2015 | $140K | $135K | $86K | $19K | — | View 990 |
| 2014 | $163K | $136K | $199K | $0 | — | View 990 |
| 2013 | $105K | $104K | $9K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $206K, expenses of $194K, and assets of $104K (revenue -29.2% year-over-year).
- 2017: Revenue of $291K, expenses of $294K, and assets of $84K (revenue +29.8% year-over-year).
- 2016: Revenue of $224K, expenses of $234K, and assets of $93K (revenue +60.4% year-over-year).
- 2015: Revenue of $140K, expenses of $135K, and assets of $86K (revenue -14.1% year-over-year).
- 2014: Revenue of $163K, expenses of $136K, and assets of $199K (revenue +54.3% year-over-year).
- 2013: Revenue of $105K, expenses of $104K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Old School Lives Incorporated:
Data Sources and Methodology
This transparency report for Old School Lives Incorporated 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.