School Of Life Foundation
School Of Life Foundation maintains stable finances with growing assets and no reported officer compensation.
EIN: 134210827 · Saint George, UT · NTEE: O50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $67K |
| Total Expenses | $75K |
| Program Spending | 85% |
| Net Assets | $142K |
| Transparency Score | 88/100 |
Is School Of Life Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
School Of Life Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About School Of Life Foundation
School Of Life Foundation (EIN: 134210827) is a nonprofit organization based in Saint George, UT, classified under NTEE code O50. The organization reported total revenue of $67K and total assets of $153K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of School Of Life Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
School Of Life Foundation is a micro nonprofit that has been operating for 24 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of -0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $98K |
| Total Expenses | $75K |
| Surplus / Deficit | +$23K |
| Total Assets | $143K |
| Total Liabilities | $1K |
| Net Assets | $142K |
| Operating Margin | 23.0% |
| Debt-to-Asset Ratio | 0.9% |
| Months of Reserves | 22.8 months |
Financial Health Grade: A
In 2023, School Of Life Foundation reported a surplus of $23K with revenue exceeding expenses, holds 22.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.9% (very low leverage).
Financial Trends
Over 8 years of filings (2016–2023), School Of Life Foundation's revenue has declined at a compound annual growth rate (CAGR) of -0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.0% | +16.9% | +18.7% |
| 2022 | -3.1% | -10.6% | +30.3% |
| 2021 | +17.0% | -30.4% | +36.8% |
| 2020 | +6.8% | +0.4% | -24.1% |
| 2019 | -37.3% | -6.5% | -21.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2002 |
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 School Of Life Foundation with a Mission Score of 88 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, School Of Life Foundation 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 $23K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all eight available filings, indicating that executive leadership is either unpaid or compensated through non-officer channels, which is highly favorable for directing funds to the mission.
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 School Of Life Foundation's IRS 990 filings:
- Occasional operational deficits where expenses exceeded revenue (e.g., 2019 and 2020)
Strengths
The following positive indicators were identified for School Of Life Foundation:
- Consistent asset growth from $3,186 in 2016 to $143,140 in 2023
- Very low liabilities, indicating strong financial stability (e.g., $1,257 in 2023)
- 0% officer compensation reported across all filings, suggesting efficient use of funds for mission
- Consistent filing of IRS Form 990s over eight periods, demonstrating transparency
- Positive net income in recent years (e.g., 2023: $97,872 revenue vs. $75,335 expenses)
Frequently Asked Questions about School Of Life Foundation
Is School Of Life Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, School Of Life Foundation (EIN: 134210827) some concerns. Mission Score: 88/100. 1 red flag identified, 5 strengths noted.
How does School Of Life Foundation spend its money?
School Of Life Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to School Of Life Foundation tax-deductible?
School Of Life Foundation is registered as a tax-exempt nonprofit (EIN: 134210827). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of School Of Life Foundation's spending goes to programs?
School Of Life Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does School Of Life Foundation compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), School Of Life Foundation 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 School Of Life Foundation located?
School Of Life Foundation is headquartered in Saint George, Utah and files with the IRS under EIN 134210827. It is classified under NTEE code O50.
How many years of IRS 990 filings does School Of Life Foundation have?
School Of Life Foundation has 8 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 $67K in total revenue.
Is School Of Life Foundation a good charity?
Based on the available financial data, School Of Life Foundation appears to be a good charity. They demonstrate strong financial health with growing assets ($143,140 in 2023), low liabilities ($1,257 in 2023), and a consistent record of 0% officer compensation, suggesting efficient use of funds and dedication to their mission.
How has the organization's financial health changed over time?
The organization's financial health has improved significantly. Assets have grown from $3,186 in 2016 to $143,140 in 2023. While revenues have fluctuated, they have generally maintained a positive net position in recent years, recovering from periods where expenses exceeded revenue (e.g., 2019 and 2020).
What is the trend in their revenue and expenses?
Revenue has fluctuated, with a high of $159,465 in 2017 and a low of $77,010 in 2019, but has been around $90,000-$100,000 in the last three periods. Expenses have generally followed revenue, with some years showing a surplus (e.g., 2023: Revenue $97,872, Expenses $75,335) and others a deficit (e.g., 2020: Revenue $82,267, Expenses $103,570).
Filing History
IRS 990 filing history for School Of Life Foundation showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), School Of Life Foundation's revenue has declined by 5.3%, moving from $103K to $98K. Total assets increased by 4392.8% over the same period, from $3K to $143K. Total functional expenses fell by 25.3%, from $101K to $75K. In its most recent filing year (2023), School Of Life Foundation reported a surplus of $23K, with revenue exceeding expenses. The organization holds $1K in liabilities against $143K in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $142K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $98K | $75K | $143K | $1K | — | — |
| 2022 | $93K | $64K | $121K | $1K | — | View 990 |
| 2021 | $96K | $72K | $93K | $2K | — | — |
| 2020 | $82K | $104K | $68K | $1K | — | View 990 |
| 2019 | $77K | $103K | $89K | $1K | — | View 990 |
| 2018 | $123K | $110K | $114K | $0 | — | View 990 |
| 2017 | $159K | $58K | $105K | $3K | — | View 990 |
| 2016 | $103K | $101K | $3K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $98K, expenses of $75K, and assets of $143K (revenue +5.0% year-over-year).
- 2022: Revenue of $93K, expenses of $64K, and assets of $121K (revenue -3.1% year-over-year).
- 2021: Revenue of $96K, expenses of $72K, and assets of $93K (revenue +17.0% year-over-year).
- 2020: Revenue of $82K, expenses of $104K, and assets of $68K (revenue +6.8% year-over-year).
- 2019: Revenue of $77K, expenses of $103K, and assets of $89K (revenue -37.3% year-over-year).
- 2018: Revenue of $123K, expenses of $110K, and assets of $114K (revenue -23.0% year-over-year).
- 2017: Revenue of $159K, expenses of $58K, and assets of $105K (revenue +54.3% year-over-year).
- 2016: Revenue of $103K, expenses of $101K, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for School Of Life Foundation:
Data Sources and Methodology
This transparency report for School Of Life Foundation 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.