Live Now Inc

Nonprofit profile at a glance

EIN
842035793
IRS 990-EZ coverage
2019–2023
Forms available
Form 990-EZ 2023, Form 990-N 2022
Location
Katy, TX, USA
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Youth Development Programs

Reported finances

Revenue
$5,150
Expenses
$4,995
Assets
$858

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Dr Erick Bell CPA (CEO)

People named in this filing

  • Dr Erick Bell CPA (CEO)
  • Kevin Bell (CFO)
  • Zola Rodgers (Founder)

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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Changing the world by making financial literacy accessible to all.

What it reported doing in 2023

We introduced the importance of community building and the impact of early financial literacy.

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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 69
  • Transparency & Controls: 82
  • Sustainability: 35
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 67.9%; rating input score 68
  • Program expense ratio: 70%; rating input score 70

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 3%; rating input score 52; 52nd percentile among comparable filings
  • Total-asset coverage ratio: 0.17; rating input score 14; 14th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 10.4% per year; rating input score 100; 72nd percentile among comparable filings
  • Revenue growth: 9.6% per year; rating input score 100; 80th percentile among comparable filings
  • Asset growth: 49.7% per year; rating input score 100; 95th percentile among comparable filings

Details

  • Where the money goes: 67.9% of revenue deployed · 70% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $3K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 2 filing years from 2019 to 2023
  • Contacts: How to reach this organization
  • 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.

  • High — Sustainability: Total-asset coverage ratio scored 14/100.
  • Review — Sustainability: Operating margin scored 52/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.