Quick charity verification for Friends Of Sakonnet Lighthouse Inc (EIN: 222559874)
Verdict: Friends Of Sakonnet Lighthouse Inc shows mixed signals
65/100Mission Score
$127KRevenue
$1.9MAssets
3Red Flags
4Strengths
Red Flags
Program expenses are consistently low, e.g., $14,083 in 2022, compared to total expenses.
Administrative and fundraising costs appear to consume a significant portion of total expenses.
The organization's primary focus seems to be asset accumulation rather than direct program delivery based on spending patterns.
Strengths
Consistent revenue generation over several years.
Significant growth in net assets, from $937,324 in 2018 to $1,883,595 in 2023.
No reported liabilities ('l0') across all available years, indicating strong financial health.
Zero lobbying expenses ('c0%') reported, suggesting a focus away from political influence.
Spending Breakdown
How Friends Of Sakonnet Lighthouse Inc allocates its funds across programs, administration, and fundraising.
10%
Program Spending
Concerning — less than half to programs
50%
Admin Costs
High — over 25% on administration
40%
Fundraising
Above average fundraising costs
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Friends Of Sakonnet Lighthouse Inc
Is Friends Of Sakonnet Lighthouse Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of Sakonnet Lighthouse Inc (EIN: 222559874) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 4 strengths noted.
Is Friends Of Sakonnet Lighthouse Inc a good charity to donate to?
Friends Of Sakonnet Lighthouse Inc has a Mission Score of 65/100. Revenue: $127K. Assets: $1.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Friends Of Sakonnet Lighthouse Inc?
The Employer Identification Number (EIN) for Friends Of Sakonnet Lighthouse Inc is 222559874. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Friends Of Sakonnet Lighthouse Inc spend its money?
Friends Of Sakonnet Lighthouse Inc allocates 10% to programs, 50% to administration, and 40% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Friends Of Sakonnet Lighthouse Inc's tax-exempt status?
You can verify Friends Of Sakonnet Lighthouse Inc's tax-exempt status using EIN 222559874 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Friends Of Sakonnet Lighthouse Inc is a unknown nonprofit based in L Compton, Rhode Island, with reported revenue of $127K and assets of $1.9M. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 10% of spending goes to programs, 50% to administration, and 40% to fundraising. Executive compensation is not reported in the provided data, suggesting it is below the Form 990-EZ reporting threshold of $100,000 for any single individual. Revenue has declined -88% across 14 filing periods.