Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2006.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
79 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
11 people listed on the 990; $101K paid to officers and key staff.
Nicole Armstrong’s $101K as Executive Di is at the 36th percentile of top reported officer pay among 3868 $1–10M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Nicole Armstrong | $101,061 | $86,169 | $90,125 | $84,295 | $70,297 |
| Kelly Schramm | — | — | — | — | $37,217 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
See Live the Victory INC executive salaries →Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Empowers youth and families with resources and relationships to break cycles of poverty and abuse.
Questions for Live the Victory INC
Your first name shows with your question. Live the Victory INC answers here, for everyone.
Children and Family Services (677 Families)
Provides vital services and specialized programs in strategically placed locations to reduce barriers, so every family can learn, grow, and become stronger. One-on-one facilitation helps families build resilience and navigate challenges in areas such as parenting, managing household income, job preparation, and maintaining healthy…
Youth & Young Adult Services (229 Participants)
Serves young people ages 12-23 who lack fundamental support in the years leading to adulthood. Our case management provides holistic, trauma-informed prevention, intervention, and education services with an inter-generational approach to support low-income youth with a history of trauma.
The Landing
The matthews house operates the landing, the northern colorado regional youth shelter in loveland. This trauma-informed space meets the immediate needs of unaccompanied youth while supporting their mental health, education, and long-term stability.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | FY24 | FY23 | FY22 | FY21 | FY20 |
|---|---|---|---|---|---|
| End of yearLn 1g | $53K | $48K | $42K | $49K | $44K |
| SpentLn 1d–1f | $931 | $844 | $696 | $717 | $644 |
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $1.4M | $2.2M |
| InvestmentsLn 11–13 | $19K | $24K |
| Land, buildings, equipmentLn 10c | $459K | $452K |
| Total assetsLn 16 | $2.5M | $3.2M |
| LiabilitiesLn 26 | $1.4M | $1.9M |
| Net assetsLn 32 | $1.1M | $1.3M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $101K | $71K | $15K | $15K |
| Other salaries and wagesLn 7 | $1.7M | $1.5M | $109K | $118K |
| Other employee benefitsLn 9 | $74K | $63K | $5K | $6K |
| Payroll taxesLn 10 | $148K | $126K | $10K | $11K |
| Investment management feesLn 11f | $961 | $961 | ||
| Other fees for servicesLn 11g | $290K | $107K | $180K | $2K |
| Advertising and promotionLn 12 | $45K | $34K | $11K | |
| Office expensesLn 13 | $45K | $35K | $10K | $615 |
| OccupancyLn 16 | $141K | $108K | $17K | $16K |
| InterestLn 20 | $11K | $11K | ||
| Depreciation, depletion and amortizationLn 22 | $13K | $13K | $198 | $213 |
| InsuranceLn 23 | $20K | $20K | ||
| Other expenses (24a–d)Ln 24 | $475K | $404K | $21K | $51K |
| All other expensesLn 24e | $74K | $49K | $11K | $15K |
| Total functional expensesLn 25 | $3.1M | $2.5M | $398K | $246K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest ViewingFiled with the IRS Sep 25, 2025 | $3.3M | $3.1M | $199K | $1.3M | 990 PDF |
| FY2023Filed with the IRS Sep 19, 2024 | $2.9M | $2.8M | $39K | $1.1M | 990 PDF |
| FY2022Filed with the IRS Oct 12, 2023 | $2.6M | $2.7M | −$134K | $1.1M | 990 PDF |
| FY2021Filed with the IRS Oct 24, 2022 | $3.0M | $2.4M | $629K | $1.2M | 990 PDF |
| FY2020Filed with the IRS Jul 29, 2021 | $2.7M | $2.3M | $441K | $576K | 990 PDF |
Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $3,318,133 revenue, 12 lines filed
Part VI · Governance 10 of 10 board members independent, no flags
Part VIII · Statement of revenue $3,318,133 across 10 lines filed
Part IX · Statement of functional expenses $3,119,263 across 14 lines filed
Part X · Balance sheet $3,248,740 assets, 18 lines filed
Part XI · Reconciliation of net assets $1,325,693 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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