Word Of Life Fellowship Inc
Word Of Life Fellowship Inc consistently grows assets and maintains healthy operating surpluses with no reported officer compensation.
EIN: 135648615 · Schroon Lake, NY · NTEE: X200 · Updated: 2026-03-28
Is Word Of Life Fellowship Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Word Of Life Fellowship Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Word Of Life Fellowship Inc
Word Of Life Fellowship Inc (EIN: 135648615) is a nonprofit organization based in Schroon Lake, NY, classified under NTEE code X200. The organization reported total revenue of $66.5M and total assets of $153.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Word Of Life Fellowship Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Word Of Life Fellowship Inc is a major nonprofit that has been operating for 81 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $68.7M |
| Total Expenses | $58.3M |
| Surplus / Deficit | +$10.4M |
| Total Assets | $148.6M |
| Total Liabilities | $5.2M |
| Net Assets | $143.4M |
| Operating Margin | 15.2% |
| Debt-to-Asset Ratio | 3.5% |
| Months of Reserves | 30.6 months |
Financial Health Grade: A
In 2023, Word Of Life Fellowship Inc reported a surplus of $10.4M with revenue exceeding expenses, holds 30.6 months of operating reserves (strong position), has a debt-to-asset ratio of 3.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Word Of Life Fellowship Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.9% | +6.8% | +8.3% |
| 2022 | -4.2% | +16.2% | +14.0% |
| 2021 | +39.3% | +14.8% | +26.3% |
| 2020 | -1.4% | -14.3% | +21.4% |
| 2019 | -11.9% | -1.6% | +13.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1945 |
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 Word Of Life Fellowship Inc with a Mission Score of 85 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: 80%
- fundraising: 10%
According to IRS 990 filings, Word Of Life Fellowship Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $10.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.5%.
Executive Compensation Analysis
The reported 0% officer compensation across all filings is highly unusual for an organization of this size ($68.7 million in revenue in 2023) and suggests that executive leadership may be compensated through other means not categorized as 'officer compensation' or that the organization relies heavily on volunteer leadership, which could be a significant cost-saving measure.
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 Word Of Life Fellowship Inc's IRS 990 filings:
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data, limiting precise efficiency assessment.
- Unusual 0% officer compensation reported for an organization of this size, which may obscure actual executive remuneration.
Strengths
The following positive indicators were identified for Word Of Life Fellowship Inc:
- Consistent and significant growth in assets, demonstrating strong financial stewardship (from $41.7M in 2014 to $148.6M in 2023).
- Healthy operating surpluses in all reported periods, indicating financial stability and effective management (e.g., $10.4M surplus in 2023).
- Low liabilities relative to assets, suggesting strong solvency and low debt reliance (e.g., $5.2M liabilities vs. $148.6M assets in 2023).
- Consistent filing of IRS 990 forms, indicating a commitment to regulatory transparency.
Frequently Asked Questions about Word Of Life Fellowship Inc
Is Word Of Life Fellowship Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Word Of Life Fellowship Inc (EIN: 135648615) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Word Of Life Fellowship Inc spend its money?
Word Of Life Fellowship Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Word Of Life Fellowship Inc tax-deductible?
Word Of Life Fellowship Inc is registered as a tax-exempt nonprofit (EIN: 135648615). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Word Of Life Fellowship Inc a good charity?
Financially, Word Of Life Fellowship Inc appears to be a very strong and stable organization, consistently growing its assets and operating with significant surpluses. The lack of reported officer compensation is a unique characteristic that could indicate high efficiency or alternative compensation structures.
How has the organization's financial health changed over the past decade?
The organization's financial health has significantly improved over the past decade, with assets growing from $41.7 million in 2014 to $148.6 million in 2023, and revenues consistently exceeding expenses, indicating strong financial management and growth.
What is the trend in revenue and expenses?
Revenue has shown a general upward trend, with some fluctuations, reaching a peak of $77.0 million in 2021 before settling at $68.7 million in 2023. Expenses have also increased but consistently remained below revenue, ensuring healthy operating surpluses in all reported periods.
What is the significance of 0% officer compensation?
The 0% officer compensation reported across all filings is highly unusual for an organization of this scale. It could mean that executive leaders are volunteers, compensated through a related entity, or that their compensation is categorized differently within the IRS 990, warranting further investigation for full transparency.
Filing History
IRS 990 filing history for Word Of Life Fellowship Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Word Of Life Fellowship Inc's revenue has grown by 51.2%, moving from $45.4M to $68.7M. Total assets increased by 146.2% over the same period, from $60.3M to $148.6M. Total functional expenses rose by 39.4%, from $41.8M to $58.3M. In its most recent filing year (2023), Word Of Life Fellowship Inc reported a surplus of $10.4M, with revenue exceeding expenses. The organization holds $5.2M in liabilities against $148.6M in assets (debt-to-asset ratio: 3.5%), resulting in net assets of $143.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $68.7M | $58.3M | $148.6M | $5.2M | — | — |
| 2022 | $73.8M | $54.6M | $137.2M | $3.9M | — | — |
| 2021 | $77.0M | $47.0M | $120.4M | $4.7M | — | View 990 |
| 2020 | $55.3M | $40.9M | $95.3M | $9.7M | — | View 990 |
| 2019 | $56.1M | $47.7M | $78.5M | $7.4M | — | View 990 |
| 2018 | $63.6M | $48.5M | $69.1M | $6.6M | — | View 990 |
| 2017 | $49.2M | $47.1M | $52.3M | $4.7M | — | — |
| 2016 | $47.9M | $43.1M | $51.0M | $5.7M | — | View 990 |
| 2015 | $49.3M | $42.2M | $48.4M | $8.0M | — | View 990 |
| 2014 | $47.1M | $40.7M | $41.7M | $8.5M | — | View 990 |
| 2013 | $43.4M | $38.2M | $36.8M | $10.1M | — | View 990 |
| 2012 | $39.3M | $38.5M | $36.1M | $14.6M | — | View 990 |
| 2011 | $45.4M | $41.8M | $60.3M | $11.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $68.7M, expenses of $58.3M, and assets of $148.6M (revenue -6.9% year-over-year).
- 2022: Revenue of $73.8M, expenses of $54.6M, and assets of $137.2M (revenue -4.2% year-over-year).
- 2021: Revenue of $77.0M, expenses of $47.0M, and assets of $120.4M (revenue +39.3% year-over-year).
- 2020: Revenue of $55.3M, expenses of $40.9M, and assets of $95.3M (revenue -1.4% year-over-year).
- 2019: Revenue of $56.1M, expenses of $47.7M, and assets of $78.5M (revenue -11.9% year-over-year).
- 2018: Revenue of $63.6M, expenses of $48.5M, and assets of $69.1M (revenue +29.2% year-over-year).
- 2017: Revenue of $49.2M, expenses of $47.1M, and assets of $52.3M (revenue +2.9% year-over-year).
- 2016: Revenue of $47.9M, expenses of $43.1M, and assets of $51.0M (revenue -2.9% year-over-year).
- 2015: Revenue of $49.3M, expenses of $42.2M, and assets of $48.4M (revenue +4.6% year-over-year).
- 2014: Revenue of $47.1M, expenses of $40.7M, and assets of $41.7M (revenue +8.7% year-over-year).
- 2013: Revenue of $43.4M, expenses of $38.2M, and assets of $36.8M (revenue +10.5% year-over-year).
- 2012: Revenue of $39.3M, expenses of $38.5M, and assets of $36.1M (revenue -13.6% year-over-year).
- 2011: Revenue of $45.4M, expenses of $41.8M, and assets of $60.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Word Of Life Fellowship Inc:
Data Sources and Methodology
This transparency report for Word Of Life Fellowship 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.