Operation Life Inc

Is Operation Life Inc Legit?

Some Concerns

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Operation Life Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.

About Operation Life Inc

Operation Life Inc (EIN: 222362169) is a nonprofit organization based in Ocean, NJ, classified under NTEE code L200. The organization reported total revenue of $507K and total assets of $871K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Operation Life Inc'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 Operation Life Inc 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: 70%
• fundraising: 15%

According to IRS 990 filings, Operation Life Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.

Executive Compensation Analysis

Executive compensation is reported as $0 across all available filings, which is unusual for an organization with consistent revenue and expenses, and requires clarification.

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 Operation Life Inc's IRS 990 filings:

• Consistent reporting of 0% compensation raises questions about how key personnel are compensated or if services are entirely volunteer-based.
• Liabilities frequently exceed assets, indicating potential financial instability or reliance on debt financing.
• Lack of detailed program descriptions in available data makes it difficult to assess the impact of reported program spending.

Strengths

The following positive indicators were identified for Operation Life Inc:

• Stable revenue stream over eight years ($500k-$560k range) indicates consistent donor support or funding.
• Consistent operational expenses suggest predictable service delivery and cost management.
• Long operational history (data back to 2016) demonstrates resilience and established presence.

Frequently Asked Questions about Operation Life Inc

Filing History

IRS 990 filing history for Operation Life Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Operation Life Inc's revenue has grown by 19.7%, moving from $442K to $529K. Total assets increased by 27.3% over the same period, from $760K to $967K. Total functional expenses rose by 13.9%, from $428K to $487K. In its most recent filing year (2023), Operation Life Inc reported a surplus of $41K, with revenue exceeding expenses. The organization holds $649K in liabilities against $967K in assets (debt-to-asset ratio: 67.1%), resulting in net assets of $318K.

Year-by-Year Financial Summary

• 2023: Revenue of $529K, expenses of $487K, and assets of $967K (revenue +9.7% year-over-year).
• 2022: Revenue of $482K, expenses of $425K, and assets of $627K (revenue -6.7% year-over-year).
• 2021: Revenue of $517K, expenses of $453K, and assets of $694K (revenue -4.4% year-over-year).
• 2020: Revenue of $540K, expenses of $479K, and assets of $710K (revenue -4.1% year-over-year).
• 2019: Revenue of $564K, expenses of $496K, and assets of $705K (revenue +5.5% year-over-year).
• 2018: Revenue of $534K, expenses of $529K, and assets of $689K (revenue -0.9% year-over-year).
• 2017: Revenue of $539K, expenses of $500K, and assets of $702K (revenue -0.4% year-over-year).
• 2016: Revenue of $541K, expenses of $472K, and assets of $742K (revenue +1.2% year-over-year).
• 2015: Revenue of $535K, expenses of $472K, and assets of $777K (revenue +4.7% year-over-year).
• 2014: Revenue of $511K, expenses of $474K, and assets of $692K (revenue -4.3% year-over-year).
• 2013: Revenue of $534K, expenses of $458K, and assets of $704K (revenue +20.2% year-over-year).
• 2012: Revenue of $444K, expenses of $420K, and assets of $698K (revenue +0.5% year-over-year).
• 2011: Revenue of $442K, expenses of $428K, and assets of $760K.

Data Sources and Methodology

This transparency report for Operation 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.