Cultivate Life
Nonprofit profile at a glance
- EIN
- 822765802
- IRS 990-EZ coverage
- 2019–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2018
- Location
- Belmont, NC, USA
- Rating
- 56
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- International Development
Reported finances
- Revenue
- $62,250
- Expenses
- $64,458
- Assets
- $1,543
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Joel Weed (CEO)
People named in this filing
- Joel Weed (CEO)
- Leslie Johnson (CFO)
- Kellie Weed (COO)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our program provides vital assistance to families facing extreme poverty by offering a range of essential services. We prioritize educational support to empower children and adults with the tools they need to break the cycle of poverty. Additionally we deliver emergency care to address immediate needs and ensure the well-being of families in crisis. We also provide crucial medical support for pregnant mothers offering prenatal care and access to healthcare resources to promote healthy pregnancies and childbirth. Through these initiatives we aim to uplift and support families in their journey towards a brighter future.
What it reported doing in 2025
The organization provides construction support to partner ministries to strengthen and expand their program capacity including building repairing and improving facilities used for community services such as education outreach and family support programs. By enhancing physical infrastructure the organization helps partner ministries operate more effectively and serve more individuals in their communities. In addition the organization provides essential emergency care services to individuals in crisis situations offering immediate medical assistance shelter and support to those facing urgent medical or safety needs ensuring that each person receives critical care during times of emergency.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 44
- Transparency & Controls: 82
- Sustainability: 20
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 44.5%; rating input score 44
- Program expense ratio: 42.9%; rating input score 43
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -3.5%; rating input score 36; 36th percentile among comparable filings
- Total-asset coverage ratio: 0.02; rating input score 8; 8th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 31%; rating input score 6; 6th percentile among comparable filings
Growth
- Program expense growth: -8.9% per year; rating input score 0; 30th percentile among comparable filings
- Revenue growth: -7.3% per year; rating input score 0; 29th percentile among comparable filings
- Asset growth: -18.7% per year; rating input score 0; 11th percentile among comparable filings
Details
- Where the money goes: 44.5% of revenue deployed · 42.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $28K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 7 filing years from 2019 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 44/100.
- Moderate — Financial Efficiency: Program expense ratio scored 43/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 36/100.
- High — Sustainability: Total-asset coverage ratio scored 8/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 6/100.