Sports Enhancement For Life Ltd
EIN: 844257354 · Dorset, VT · NTEE: B90
| Metric | Value |
|---|---|
| Total Revenue | $16K |
| Total Expenses | $10K |
| Net Assets | $3K |
Is Sports Enhancement For Life Ltd Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sports Enhancement For Life Ltd
Sports Enhancement For Life Ltd (EIN: 844257354) is a nonprofit organization based in Dorset, VT, classified under NTEE code B90. The organization reported total revenue of $16K and total assets of $6K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sports Enhancement For Life Ltd's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sports Enhancement For Life Ltd is a micro nonprofit that has been operating for 6 years, with 3 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 0.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $13K |
| Total Expenses | $10K |
| Surplus / Deficit | +$2K |
| Total Assets | $3K |
| Total Liabilities | $422 |
| Net Assets | $3K |
| Operating Margin | 18.7% |
| Debt-to-Asset Ratio | 12.8% |
| Months of Reserves | 3.9 months |
Financial Health Grade: A
In 2023, Sports Enhancement For Life Ltd reported a surplus of $2K with revenue exceeding expenses, holds 3.9 months of operating reserves (adequate), has a debt-to-asset ratio of 12.8% (very low leverage).
Financial Trends
Over 3 years of filings (2020–2023), Sports Enhancement For Life Ltd's revenue has grown at a compound annual growth rate (CAGR) of 0.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.7% | -4.7% | +242.3% |
| 2022 | -8.0% | +104.2% | -87.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sports Enhancement For Life Ltd 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 Sports Enhancement For Life Ltd 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 12.8%.
Frequently Asked Questions about Sports Enhancement For Life Ltd
Is Sports Enhancement For Life Ltd a legitimate charity?
Based on AI analysis of IRS 990 filings, Sports Enhancement For Life Ltd (EIN: 844257354) insufficient data. 0 red flags identified, 0 strengths noted.
How does Sports Enhancement For Life Ltd spend its money?
Detailed spending breakdown data is not yet available for Sports Enhancement For Life Ltd. Check back for updated IRS 990 analysis.
Are donations to Sports Enhancement For Life Ltd tax-deductible?
Sports Enhancement For Life Ltd is registered as a tax-exempt nonprofit (EIN: 844257354). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sports Enhancement For Life Ltd located?
Sports Enhancement For Life Ltd is headquartered in Dorset, Vermont and files with the IRS under EIN 844257354. It is classified under NTEE code B90.
How many years of IRS 990 filings does Sports Enhancement For Life Ltd have?
Sports Enhancement For Life Ltd has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $16K in total revenue.
Filing History
IRS 990 filing history for Sports Enhancement For Life Ltd showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2020–2023), Sports Enhancement For Life Ltd's revenue has grown by 0%, moving from $13K to $13K. Total assets decreased by 57.1% over the same period, from $8K to $3K. Total functional expenses rose by 94.6%, from $5K to $10K. In its most recent filing year (2023), Sports Enhancement For Life Ltd reported a surplus of $2K, with revenue exceeding expenses. The organization holds $422 in liabilities against $3K in assets (debt-to-asset ratio: 12.8%), resulting in net assets of $3K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $13K | $10K | $3K | $422 | — | — |
| 2022 | $12K | $11K | $964 | $422 | — | View 990 |
| 2020 | $13K | $5K | $8K | $422 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $13K, expenses of $10K, and assets of $3K (revenue +8.7% year-over-year).
- 2022: Revenue of $12K, expenses of $11K, and assets of $964 (revenue -8.0% year-over-year).
- 2020: Revenue of $13K, expenses of $5K, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sports Enhancement For Life Ltd:
Data Sources and Methodology
This transparency report for Sports Enhancement For Life Ltd 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.