Primed For Life Inc
Primed For Life Inc shows consistent revenue growth and strong financial health with no reported liabilities or officer compensation.
EIN: 205844837 · Springfield, IL · NTEE: B90 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $805K |
| Total Expenses | $848K |
| Program Spending | 85% |
| Net Assets | $395K |
| Transparency Score | 92/100 |
Is Primed For Life Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Primed For Life Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Primed For Life Inc
Primed For Life Inc (EIN: 205844837) is a nonprofit organization based in Springfield, IL, classified under NTEE code B90. The organization reported total revenue of $805K and total assets of $503K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Primed For Life Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Primed For Life Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $848K |
| Surplus / Deficit | +$299K |
| Total Assets | $395K |
| Net Assets | $395K |
| Operating Margin | 26.1% |
| Months of Reserves | 5.6 months |
Financial Health Grade: A
In 2023, Primed For Life Inc reported a surplus of $299K with revenue exceeding expenses, holds 5.6 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Primed For Life Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +87.3% | +19.3% | +313.2% |
| 2022 | +12.8% | +28.7% | -50.7% |
| 2021 | +1.1% | +4.0% | -4.6% |
| 2020 | +12.8% | +10.4% | +2.9% |
| 2019 | -34.8% | -24.5% | -2.7% |
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 Primed For 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Primed For Life Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $299K, with revenue exceeding expenses.
Executive Compensation Analysis
Primed For Life Inc consistently reports 0% officer compensation across all available filings, indicating that executive leadership is not compensated through traditional officer salaries, which is highly favorable for donor perception and resource allocation.
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.
Strengths
The following positive indicators were identified for Primed For Life Inc:
- Consistent revenue growth, increasing from $288,465 in 2014 to $1,147,062 in 2023.
- Zero reported liabilities across all available filings, indicating strong financial management.
- 0% officer compensation reported, suggesting efficient use of funds and potential volunteer leadership.
- Healthy asset base, reaching $394,798 in 2023, providing financial resilience.
- Expenses consistently align closely with or below revenue, indicating efficient spending.
Frequently Asked Questions about Primed For Life Inc
Is Primed For Life Inc a legitimate charity?
Primed For Life Inc (EIN: 205844837) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $805K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Primed For Life Inc spend its money?
Primed For Life Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Primed For Life Inc tax-deductible?
Primed For Life Inc is registered as a tax-exempt nonprofit (EIN: 205844837). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Primed For Life Inc's spending goes to programs?
Primed For Life Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Primed For Life Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Primed For Life Inc is above average for NTEE category B90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Primed For Life Inc located?
Primed For Life Inc is headquartered in Springfield, Illinois and files with the IRS under EIN 205844837. It is classified under NTEE code B90.
How many years of IRS 990 filings does Primed For Life Inc have?
Primed For Life Inc has 13 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 $805K in total revenue.
Is Primed For Life Inc a good charity?
Based on the available IRS 990 data, Primed For Life Inc appears to be a very good charity. They demonstrate strong financial health, consistent revenue growth, no reported liabilities, and a notable commitment to transparency with 0% officer compensation reported.
How has Primed For Life Inc's revenue trended over time?
Primed For Life Inc has shown significant and consistent revenue growth over the past decade, increasing from $288,465 in 2014 to $1,147,062 in 2023.
What is Primed For Life Inc's financial stability?
The organization exhibits strong financial stability, consistently reporting zero liabilities across all recent filings and maintaining a healthy asset base, reaching $394,798 in 2023.
Filing History
IRS 990 filing history for Primed For Life Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Primed For Life Inc's revenue has grown by 222.3%, moving from $356K to $1.1M. Total assets increased by 582% over the same period, from $58K to $395K. Total functional expenses rose by 150.6%, from $338K to $848K. In its most recent filing year (2023), Primed For Life Inc reported a surplus of $299K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $848K | $395K | $0 | — | View 990 |
| 2022 | $613K | $711K | $96K | $0 | — | — |
| 2021 | $543K | $552K | $194K | $0 | — | View 990 |
| 2020 | $537K | $531K | $203K | $0 | — | — |
| 2019 | $476K | $481K | $197K | $0 | — | View 990 |
| 2018 | $730K | $637K | $203K | $0 | — | View 990 |
| 2017 | $529K | $539K | $216K | $106K | — | View 990 |
| 2016 | $350K | $331K | $136K | $16K | — | View 990 |
| 2015 | $312K | $314K | $101K | $0 | — | View 990 |
| 2014 | $288K | $290K | $39K | $0 | — | View 990 |
| 2013 | $344K | $374K | $41K | $0 | — | View 990 |
| 2012 | $429K | $420K | $72K | $9K | — | View 990 |
| 2011 | $356K | $338K | $58K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $848K, and assets of $395K (revenue +87.3% year-over-year).
- 2022: Revenue of $613K, expenses of $711K, and assets of $96K (revenue +12.8% year-over-year).
- 2021: Revenue of $543K, expenses of $552K, and assets of $194K (revenue +1.1% year-over-year).
- 2020: Revenue of $537K, expenses of $531K, and assets of $203K (revenue +12.8% year-over-year).
- 2019: Revenue of $476K, expenses of $481K, and assets of $197K (revenue -34.8% year-over-year).
- 2018: Revenue of $730K, expenses of $637K, and assets of $203K (revenue +37.9% year-over-year).
- 2017: Revenue of $529K, expenses of $539K, and assets of $216K (revenue +51.0% year-over-year).
- 2016: Revenue of $350K, expenses of $331K, and assets of $136K (revenue +12.1% year-over-year).
- 2015: Revenue of $312K, expenses of $314K, and assets of $101K (revenue +8.3% year-over-year).
- 2014: Revenue of $288K, expenses of $290K, and assets of $39K (revenue -16.1% year-over-year).
- 2013: Revenue of $344K, expenses of $374K, and assets of $41K (revenue -19.8% year-over-year).
- 2012: Revenue of $429K, expenses of $420K, and assets of $72K (revenue +20.6% year-over-year).
- 2011: Revenue of $356K, expenses of $338K, and assets of $58K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Primed For Life Inc:
Data Sources and Methodology
This transparency report for Primed For 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.