Life Water Inc
Nonprofit profile at a glance
- EIN
- 020809041
- IRS 990-EZ coverage
- 2015–2020
- Forms available
- Form 990-EZ 2020, Form 990-N 2009
- Location
- Ellenwood, GA, USA
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Historical Societies, Related Historical Activities
Reported finances
- Revenue
- $139,969
- Expenses
- $101,231
- Assets
- $312,521
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- CARLTON MAY (PRESIDENT)
- MICHAEL NASH (VICE PRESIDENT)
People named in this filing
- CARLTON MAY (PRESIDENT)
- MICHAEL NASH (VICE PRESIDENT)
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 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Community & economic development organiz
What it reported doing in 2020
Tutor me! Offers pne-on-one tutoring to students, and adults four times a week. Tutors are college students and community organizers
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
SUPPORTED - The filed numbers largely add up and program spending has grown recently. 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: 36
- Transparency & Controls: 100
- Sustainability: 77
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 31.7%; rating input score 32
- Program expense ratio: 43.8%; rating input score 44
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 27.7%; rating input score 73; 73rd percentile among comparable filings
- Total-asset coverage ratio: 3.09; rating input score 86; 86th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 84; 84th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 66; 66th percentile among comparable filings
Growth
- Program expense growth: 26.8% per year; rating input score 100; 85th percentile among comparable filings
- Revenue growth: 0.8% per year; rating input score 100; 33rd percentile among comparable filings
- Asset growth: 20.9% per year; rating input score 100; 74th percentile among comparable filings
Details
- Where the money goes: 31.7% of revenue deployed · 43.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $44K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2015 to 2020
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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 32/100.
- Moderate — Financial Efficiency: Program expense ratio scored 44/100.