Coltrane L I F E Center Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Coltrane L I F E Center Inc is a 501(c)(3) organization based in Concord, North Carolina, registered in 1978, with $1,176,418 in FY2024 revenue. CharityIndex grades it B.
321 Corban Ave Se, Concord, NC, 28025 EIN 56-1222998 Since 1978
Revenue (FY2024)
$1.2M
▲ 4.0% vs prior year
Expenses (FY2024)
$1.1M
Net assets
$1.6M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Coltrane L I F E Center Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating18 mo reserves · +7% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Coltrane L I F E Center Inc: 18 mo reserves · +7% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Coltrane L I F E Center Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Coltrane L I F E Center Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 321 Corban Ave Se, Concord, NC, 28025
- City
- Concord
- State
- North Carolina
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $765K (FY2013) to $1.2M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $89KNet assets $1.6M
Operating margin
6.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.7M
Total liabilities
$89K
Net assets
$1.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,176,418▲4.0% | $1,097,299▲4.6% | $1,614,979▲6.3% | $1,703,986▲6.7% | 990 |
| 2023 | $1,131,230▲8.0% | $1,049,080▲7.3% | $1,518,842▲6.8% | $1,597,115▲8.5% | 990 |
| 2022 | $1,047,207▲37.1% | $977,651▼21.2% | $1,421,668▲6.3% | $1,471,954▲4.3% | 990 |
| 2021 | $764,060▼26.6% | $1,240,440▲50.8% | $1,337,751▼26.9% | $1,411,362▼25.7% | 990 |
| 2020 | $1,041,551▲6.0% | $822,585▼7.8% | $1,830,051▲15.6% | $1,898,653▲13.0% | 990 |
| 2019 | $982,236▲0.5% | $891,763▲5.2% | $1,582,794▲6.1% | $1,679,884▲4.8% | 990 |
| 2018 | $977,229▲17.6% | $847,329▲1.9% | $1,491,719▲9.7% | $1,603,237▲12.4% | 990 |
| 2017 | $830,767▲3.8% | $831,761▼3.0% | $1,359,296▲0.4% | $1,425,750▲0.7% | 990 |
| 2016 | $800,021▲1.3% | $857,508▼1.6% | $1,353,512▼3.5% | $1,415,926▼2.9% | 990 |
| 2015 | $790,085▼11.7% | $871,778▲5.7% | $1,401,973▼5.8% | $1,458,049▼5.1% | 990 |
| 2014 | $895,199▲17.0% | $824,973 | $1,487,536▲4.9% | $1,535,671▲4.3% | 990 |
| 2013 | $764,859 | $824,951▼8.2% | $1,417,450▼7.7% | $1,471,865▼6.8% | 990 |
| 2011 | — | $898,337 | $1,534,922 | $1,578,637 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $57K total
4 grants to Coltrane L I F E Center Inc totaling $57K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Foundation For the Carolinas | Charitable gift | 2024 | $6,500 |
| Foundation For the Carolinas | Charitable gift | 2022 | $7,200 |
| Foundation For the Carolinas | Charitable gift | 2020 | $33,028 |
| Foundation For the Carolinas | Charitable gift | 2018 | $10,000 |
Frequently asked questions
- Is Coltrane L I F E Center Inc a legitimate nonprofit?
- Yes. Coltrane L I F E Center Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-1222998, based in Concord, North Carolina. Donations are tax-deductible.
- What is Coltrane L I F E Center Inc's EIN?
- Coltrane L I F E Center Inc's Employer Identification Number (EIN) is 56-1222998.
- How much revenue does Coltrane L I F E Center Inc report?
- Coltrane L I F E Center Inc reported $1,176,418 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Coltrane L I F E Center Inc have?
- CharityIndex grades Coltrane L I F E Center Inc B, based on financial health (reserves and operating margin).
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Data for Coltrane L I F E Center Inc (EIN 56-1222998) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.