Simple Living Inc
Simple Living Inc. faces recurring deficits and declining assets despite zero officer compensation.
EIN: 141900290 · Amesbury, MA · NTEE: F20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $266K |
| Total Expenses | $300K |
| Program Spending | 75% |
| CEO/Top Officer Pay | $266,232 |
| Net Assets | $168K |
| Transparency Score | 65/100 |
Search Intent Cockpit
Simple Living Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Simple Living Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Simple Living Inc in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $280K and expenses of $300K.
Revenue and Expenses
Simple Living Inc reported $280K in revenue and $300K in expenses, a deficit of $20K.
Executive Compensation
Top officer compensation appears as $266,232 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
65/100 mission score, 4 red flags, and 2 strengths are shown from structured and AI review.
Is Simple Living Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $225K (75%) |
Across stored filings, Simple Living Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 4 red flags identified |
| Mission spend | 75% to programs | Excellent |
| Financial durability | Grade C | 13 stored filing years |
| Peer context | Compare with Joint Committee For Childrens Health Care In Everett | Massachusetts and Category F context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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All Category F
Local and Sector Spokes
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Amesbury, MA nonprofitsCategory F in Massachusetts
Health in Massachusetts
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Keep the Investigation Moving
Simple Living Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Simple Living Inc
Simple Living Inc (EIN: 141900290) is a nonprofit organization based in Amesbury, MA, classified under NTEE code F20. The organization reported total revenue of $266K and total assets of $616K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Simple Living Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Simple Living Inc is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $280K |
| Total Expenses | $300K |
| Surplus / Deficit | $-19,683 |
| Total Assets | $551K |
| Total Liabilities | $383K |
| Net Assets | $168K |
| Operating Margin | -7.0% |
| Debt-to-Asset Ratio | 69.5% |
| Months of Reserves | 22.0 months |
Financial Health Grade: C
In 2023, Simple Living Inc reported a deficit of $20K with expenses exceeding revenue, holds 22.0 months of operating reserves (strong position), has a debt-to-asset ratio of 69.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Simple Living Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -54.7% | +11.2% | -10.1% |
| 2022 | +177.1% | +2.7% | -1.4% |
| 2021 | -8.4% | -5.4% | -6.2% |
| 2020 | -18.5% | -0.4% | -4.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Simple Living Inc with a Mission Score of 65 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: 75%
- fundraising: 10%
According to IRS 990 filings, Simple Living Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $20K, with expenses exceeding revenue.
- Debt-to-asset ratio: 69.5%.
Executive Compensation Analysis
Executive compensation is reported at 0% across all available filings, which is commendable for a nonprofit of its size ($266,232 latest revenue) and indicates that no portion of donor funds is directly allocated to officer salaries.
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 Simple Living Inc's IRS 990 filings:
- Recurring deficits where expenses exceed revenue (e.g., 2023, 2021, 2018).
- Significant decline in total assets over time (from $1,515,952 in 2015 to $550,846 in 2023).
- High liabilities relative to assets in recent years (e.g., $382,657 liabilities vs. $550,846 assets in 2023).
- Highly volatile revenue stream, including a negative revenue year in 2018.
Strengths
The following positive indicators were identified for Simple Living Inc:
- Consistent reporting of 0% officer compensation, indicating strong transparency in executive pay.
- Long filing history (13 filings), suggesting consistent compliance with IRS reporting requirements.
Frequently Asked Questions about Simple Living Inc
Is Simple Living Inc a legitimate charity?
Simple Living Inc (EIN: 141900290) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $266K. 4 red flags identified. 2 strengths noted. Financial health grade: C.
How does Simple Living Inc spend its money?
Simple Living Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Simple Living Inc tax-deductible?
Simple Living Inc is registered as a tax-exempt nonprofit (EIN: 141900290). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Simple Living Inc CEO make?
Simple Living Inc's highest-compensated officer earns $266,232 annually. The organization reported $266K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Simple Living Inc's spending goes to programs?
Simple Living Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Simple Living Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Simple Living Inc is above average for NTEE category F20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Simple Living Inc located?
Simple Living Inc is headquartered in Amesbury, Massachusetts and files with the IRS under EIN 141900290. It is classified under NTEE code F20.
How many years of IRS 990 filings does Simple Living Inc have?
Simple Living 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 $266K in total revenue.
Is Simple Living Inc. financially stable?
Simple Living Inc. shows signs of financial instability, with expenses frequently exceeding revenue (e.g., $299,995 expenses vs. $280,312 revenue in 2023) and a significant decline in assets from $1,515,952 in 2015 to $550,846 in 2023.
How has Simple Living Inc.'s revenue trended?
Revenue has been highly volatile, ranging from a negative $125,554 in 2018 to a high of $696,725 in 2015, with the latest reported revenue at $280,312 in 2023, indicating an inconsistent funding stream.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers.
Filing History
IRS 990 filing history for Simple Living Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Simple Living Inc's revenue has grown by 120.7%, moving from $127K to $280K. Total assets decreased by 23.9% over the same period, from $724K to $551K. Total functional expenses rose by 110.6%, from $142K to $300K. In its most recent filing year (2023), Simple Living Inc reported a deficit of $20K, with expenses exceeding revenue. The organization holds $383K in liabilities against $551K in assets (debt-to-asset ratio: 69.5%), resulting in net assets of $168K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $280K | $300K | $551K | $383K | — | — |
| 2022 | $619K | $270K | $613K | $419K | — | View 990 |
| 2021 | $223K | $263K | $621K | $794K | — | View 990 |
| 2020 | $244K | $278K | $662K | $811K | — | View 990 |
| 2019 | $299K | $279K | $693K | $809K | — | View 990 |
| 2018 | $-125,554 | $303K | $690K | $826K | — | View 990 |
| 2017 | $297K | $303K | $1.4M | $1.1M | — | View 990 |
| 2016 | $331K | $349K | $1.5M | $1.2M | — | View 990 |
| 2015 | $697K | $350K | $1.5M | $1.2M | — | View 990 |
| 2014 | $239K | $245K | $1.1M | $1.1M | — | View 990 |
| 2013 | $205K | $202K | $780K | $801K | — | View 990 |
| 2012 | $233K | $178K | $803K | $827K | — | View 990 |
| 2011 | $127K | $142K | $724K | $803K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $280K, expenses of $300K, and assets of $551K (revenue -54.7% year-over-year).
- 2022: Revenue of $619K, expenses of $270K, and assets of $613K (revenue +177.1% year-over-year).
- 2021: Revenue of $223K, expenses of $263K, and assets of $621K (revenue -8.4% year-over-year).
- 2020: Revenue of $244K, expenses of $278K, and assets of $662K (revenue -18.5% year-over-year).
- 2019: Revenue of $299K, expenses of $279K, and assets of $693K.
- 2018: Revenue of $-125,554, expenses of $303K, and assets of $690K (revenue -142.2% year-over-year).
- 2017: Revenue of $297K, expenses of $303K, and assets of $1.4M (revenue -10.1% year-over-year).
- 2016: Revenue of $331K, expenses of $349K, and assets of $1.5M (revenue -52.6% year-over-year).
- 2015: Revenue of $697K, expenses of $350K, and assets of $1.5M (revenue +191.7% year-over-year).
- 2014: Revenue of $239K, expenses of $245K, and assets of $1.1M (revenue +16.6% year-over-year).
- 2013: Revenue of $205K, expenses of $202K, and assets of $780K (revenue -11.9% year-over-year).
- 2012: Revenue of $233K, expenses of $178K, and assets of $803K (revenue +83.3% year-over-year).
- 2011: Revenue of $127K, expenses of $142K, and assets of $724K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Simple Living Inc:
Data Sources and Methodology
This transparency report for Simple Living 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.