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.
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.