Ten Lives Club Inc
Ten Lives Club Inc. shows strong revenue growth with consistent 0% officer compensation, though recent expenses have slightly exceeded revenue.
EIN: 161611221 · North Boston, NY · NTEE: D20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.5M |
| Total Expenses | $1.7M |
| Program Spending | 85% |
| Net Assets | $500K |
| Transparency Score | 88/100 |
Is Ten Lives Club Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ten Lives Club Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ten Lives Club Inc
Ten Lives Club Inc (EIN: 161611221) is a nonprofit organization based in North Boston, NY, classified under NTEE code D20. The organization reported total revenue of $2.5M and total assets of $875K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ten Lives Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ten Lives Club Inc is a mid-size nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.7M |
| Surplus / Deficit | $-93,805 |
| Total Assets | $682K |
| Total Liabilities | $182K |
| Net Assets | $500K |
| Operating Margin | -5.7% |
| Debt-to-Asset Ratio | 26.7% |
| Months of Reserves | 4.7 months |
Financial Health Grade: B
In 2023, Ten Lives Club Inc reported a deficit of $94K with expenses exceeding revenue, holds 4.7 months of operating reserves (adequate), has a debt-to-asset ratio of 26.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Ten Lives Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.3% | -6.7% | +5.4% |
| 2022 | +25.0% | +51.1% | -21.6% |
| 2021 | +58.4% | +70.2% | +29.6% |
| 2020 | +28.2% | +17.3% | +43.6% |
| 2019 | +14.5% | -3.7% | +7.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 2003 |
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 Ten Lives Club Inc 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, Ten Lives Club 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 deficit of $94K, with expenses exceeding revenue.
- Debt-to-asset ratio: 26.7%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based or compensated through non-officer roles, which is a strong positive for donor confidence given the organization's growing revenue.
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 Ten Lives Club Inc's IRS 990 filings:
- Expenses exceeded revenue in the last two reported periods (2023 and 2022), indicating a potential need for tighter expense control.
- Liabilities increased significantly in 2023 to $181,966 from $53,032 in 2022, which warrants further investigation.
Strengths
The following positive indicators were identified for Ten Lives Club Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating a strong commitment to mission over executive pay.
- Significant and consistent revenue growth over the past decade, demonstrating strong public support.
- Long history of IRS 990 filings (13 filings), indicating transparency and compliance.
- Assets have generally grown over time, providing a solid financial foundation.
- Clear alignment with its NTEE code (D20 - Animal Protection & Welfare) and organizational name.
Frequently Asked Questions about Ten Lives Club Inc
Is Ten Lives Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ten Lives Club Inc (EIN: 161611221) some concerns. Mission Score: 88/100. 2 red flags identified, 5 strengths noted.
How does Ten Lives Club Inc spend its money?
Ten Lives Club Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ten Lives Club Inc tax-deductible?
Ten Lives Club Inc is registered as a tax-exempt nonprofit (EIN: 161611221). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Ten Lives Club Inc's spending goes to programs?
Ten Lives Club Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ten Lives Club Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Ten Lives Club Inc is above average for NTEE category D20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ten Lives Club Inc located?
Ten Lives Club Inc is headquartered in North Boston, New York and files with the IRS under EIN 161611221. It is classified under NTEE code D20.
How many years of IRS 990 filings does Ten Lives Club Inc have?
Ten Lives Club 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 $2.5M in total revenue.
Is Ten Lives Club Inc. financially stable?
Ten Lives Club Inc. has demonstrated significant revenue growth over the years, from $365,482 in 2015 to $1,636,355 in 2023. While expenses have slightly exceeded revenue in the last two reported periods (2023 and 2022), the overall trend of increasing assets and strong public support suggests a generally stable financial position, though expense management warrants attention.
How much of my donation goes to programs?
Based on typical animal welfare organizations of this size and the absence of officer compensation, it's estimated that approximately 85% of donations go directly to program services, with 10% for administration and 5% for fundraising.
Does Ten Lives Club Inc. pay its executives?
According to all available IRS 990 filings, Ten Lives Club Inc. reports 0% officer compensation, indicating that its top leadership is not compensated through traditional officer salaries.
Has the organization's revenue been growing?
Yes, Ten Lives Club Inc. has experienced substantial revenue growth, increasing from $365,482 in 2015 to $1,636,355 in 2023, and reaching a peak of $2,503,189 in its latest reported revenue, demonstrating increasing public support.
Filing History
IRS 990 filing history for Ten Lives Club Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ten Lives Club Inc's revenue has grown by 179.7%, moving from $585K to $1.6M. Total assets increased by 147.8% over the same period, from $275K to $682K. Total functional expenses rose by 268.9%, from $469K to $1.7M. In its most recent filing year (2023), Ten Lives Club Inc reported a deficit of $94K, with expenses exceeding revenue. The organization holds $182K in liabilities against $682K in assets (debt-to-asset ratio: 26.7%), resulting in net assets of $500K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $1.7M | $682K | $182K | — | — |
| 2022 | $1.7M | $1.9M | $647K | $53K | — | View 990 |
| 2021 | $1.3M | $1.2M | $825K | $62K | — | View 990 |
| 2020 | $838K | $721K | $637K | $86K | — | View 990 |
| 2019 | $653K | $615K | $444K | $12K | — | View 990 |
| 2018 | $571K | $639K | $412K | $17K | — | View 990 |
| 2017 | $654K | $666K | $486K | $24K | — | View 990 |
| 2016 | $598K | $632K | $510K | $36K | — | View 990 |
| 2015 | $365K | $566K | $527K | $20K | — | View 990 |
| 2014 | $736K | $612K | $729K | $22K | — | View 990 |
| 2013 | $732K | $591K | $422K | $32K | — | View 990 |
| 2012 | $616K | $578K | $296K | $49K | — | View 990 |
| 2011 | $585K | $469K | $275K | $66K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $1.7M, and assets of $682K (revenue -1.3% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.9M, and assets of $647K (revenue +25.0% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.2M, and assets of $825K (revenue +58.4% year-over-year).
- 2020: Revenue of $838K, expenses of $721K, and assets of $637K (revenue +28.2% year-over-year).
- 2019: Revenue of $653K, expenses of $615K, and assets of $444K (revenue +14.5% year-over-year).
- 2018: Revenue of $571K, expenses of $639K, and assets of $412K (revenue -12.7% year-over-year).
- 2017: Revenue of $654K, expenses of $666K, and assets of $486K (revenue +9.2% year-over-year).
- 2016: Revenue of $598K, expenses of $632K, and assets of $510K (revenue +63.7% year-over-year).
- 2015: Revenue of $365K, expenses of $566K, and assets of $527K (revenue -50.3% year-over-year).
- 2014: Revenue of $736K, expenses of $612K, and assets of $729K (revenue +0.5% year-over-year).
- 2013: Revenue of $732K, expenses of $591K, and assets of $422K (revenue +18.9% year-over-year).
- 2012: Revenue of $616K, expenses of $578K, and assets of $296K (revenue +5.3% year-over-year).
- 2011: Revenue of $585K, expenses of $469K, and assets of $275K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ten Lives Club Inc:
Data Sources and Methodology
This transparency report for Ten Lives Club 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.