Word Of Life
EIN: 383023339 · Ann Arbor, MI · NTEE: X20Z
| Metric | Value |
|---|---|
| Total Revenue | $612K |
| Total Expenses | $542K |
| Net Assets | $302K |
Is Word Of Life Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Word Of Life
Word Of Life (EIN: 383023339) is a nonprofit organization based in Ann Arbor, MI, classified under NTEE code X20Z. The organization reported total revenue of $612K and total assets of $602K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Word Of Life's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Word Of Life is a small nonprofit that has been operating for 34 years, with 14 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -3.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $470K |
| Total Expenses | $542K |
| Surplus / Deficit | $-71,885 |
| Total Assets | $369K |
| Total Liabilities | $66K |
| Net Assets | $302K |
| Operating Margin | -15.3% |
| Debt-to-Asset Ratio | 18.0% |
| Months of Reserves | 8.2 months |
Financial Health Grade: B
In 2024, Word Of Life reported a deficit of $72K with expenses exceeding revenue, holds 8.2 months of operating reserves (strong position), has a debt-to-asset ratio of 18.0% (very low leverage).
Financial Trends
Over 14 years of filings (2012–2024), Word Of Life's revenue has declined at a compound annual growth rate (CAGR) of -3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -37.4% | -58.9% | -0.1% |
| 2023 | -14.7% | +54.7% | -60.7% |
| 2022 | +1.6% | +19.3% | -6.0% |
| 2021 | +4.6% | -11.1% | +25.8% |
| 2020 | -15.6% | -7.4% | +4.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1992 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Word Of Life 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 Word Of Life 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $72K, with expenses exceeding revenue.
- Debt-to-asset ratio: 18.0%.
Frequently Asked Questions about Word Of Life
Is Word Of Life a legitimate charity?
Based on AI analysis of IRS 990 filings, Word Of Life (EIN: 383023339) insufficient data. 0 red flags identified, 0 strengths noted.
How does Word Of Life spend its money?
Detailed spending breakdown data is not yet available for Word Of Life. Check back for updated IRS 990 analysis.
Are donations to Word Of Life tax-deductible?
Word Of Life is registered as a tax-exempt nonprofit (EIN: 383023339). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Word Of Life located?
Word Of Life is headquartered in Ann Arbor, Michigan and files with the IRS under EIN 383023339. It is classified under NTEE code X20Z.
How many years of IRS 990 filings does Word Of Life have?
Word Of Life has 14 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 $612K in total revenue.
Filing History
IRS 990 filing history for Word Of Life showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2012–2024), Word Of Life's revenue has declined by 32.3%, moving from $694K to $470K. Total assets decreased by 17.8% over the same period, from $448K to $369K. Total functional expenses fell by 0.2%, from $543K to $542K. In its most recent filing year (2024), Word Of Life reported a deficit of $72K, with expenses exceeding revenue. The organization holds $66K in liabilities against $369K in assets (debt-to-asset ratio: 18.0%), resulting in net assets of $302K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $470K | $542K | $369K | $66K | — | — |
| 2023 | $751K | $1.3M | $369K | $8K | — | View 990 |
| 2022 | $880K | $851K | $939K | $36K | — | View 990 |
| 2021 | $866K | $714K | $999K | $28K | — | View 990 |
| 2020 | $828K | $803K | $794K | $18K | — | View 990 |
| 2019 | $981K | $868K | $763K | $21K | — | View 990 |
| 2018 | $211K | $267K | $633K | $21K | — | — |
| 2018 | $1.0M | $1.0M | $682K | $14K | — | View 990 |
| 2017 | $1.1M | $1.2M | $796K | $128K | — | View 990 |
| 2016 | $805K | $768K | $902K | $160K | — | View 990 |
| 2015 | $851K | $715K | $727K | $21K | — | View 990 |
| 2014 | $610K | $653K | $583K | $13K | — | View 990 |
| 2013 | $769K | $583K | $637K | $23K | — | View 990 |
| 2012 | $694K | $543K | $448K | $20K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $470K, expenses of $542K, and assets of $369K (revenue -37.4% year-over-year).
- 2023: Revenue of $751K, expenses of $1.3M, and assets of $369K (revenue -14.7% year-over-year).
- 2022: Revenue of $880K, expenses of $851K, and assets of $939K (revenue +1.6% year-over-year).
- 2021: Revenue of $866K, expenses of $714K, and assets of $999K (revenue +4.6% year-over-year).
- 2020: Revenue of $828K, expenses of $803K, and assets of $794K (revenue -15.6% year-over-year).
- 2019: Revenue of $981K, expenses of $868K, and assets of $763K (revenue +365.5% year-over-year).
- 2018: Revenue of $211K, expenses of $267K, and assets of $633K (revenue -79.2% year-over-year).
- 2018: Revenue of $1.0M, expenses of $1.0M, and assets of $682K (revenue -6.2% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.2M, and assets of $796K (revenue +34.1% year-over-year).
- 2016: Revenue of $805K, expenses of $768K, and assets of $902K (revenue -5.4% year-over-year).
- 2015: Revenue of $851K, expenses of $715K, and assets of $727K (revenue +39.6% year-over-year).
- 2014: Revenue of $610K, expenses of $653K, and assets of $583K (revenue -20.7% year-over-year).
- 2013: Revenue of $769K, expenses of $583K, and assets of $637K (revenue +10.8% year-over-year).
- 2012: Revenue of $694K, expenses of $543K, and assets of $448K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Word Of Life:
Data Sources and Methodology
This transparency report for Word Of Life 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.