Quick charity verification for Lamp And Light Ministries Incorporated (EIN: 200862587)
Verdict: Lamp And Light Ministries Incorporated appears trustworthy
88/100Mission Score
$88KRevenue
$203KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent positive net income in most recent filings (e.g., $81,027 revenue vs. $59,073 expenses in 2023).
Growing asset base, from $159,376 in 2023 to $202,667 currently.
Zero officer compensation reported across all available filings, indicating efficient use of funds.
Consistent IRS 990 filing history, demonstrating good transparency and compliance.
Low or zero liabilities in recent periods, indicating strong financial management.
Spending Breakdown
How Lamp And Light Ministries Incorporated allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
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 Lamp And Light Ministries Incorporated
Is Lamp And Light Ministries Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Lamp And Light Ministries Incorporated (EIN: 200862587) appears trustworthy. Mission Score: 88/100. 0 red flags identified, 5 strengths noted.
Is Lamp And Light Ministries Incorporated a good charity to donate to?
Lamp And Light Ministries Incorporated has a Mission Score of 88/100. Revenue: $88K. Assets: $203K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Lamp And Light Ministries Incorporated?
The Employer Identification Number (EIN) for Lamp And Light Ministries Incorporated is 200862587. 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 Lamp And Light Ministries Incorporated spend its money?
Lamp And Light Ministries Incorporated allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Lamp And Light Ministries Incorporated's tax-exempt status?
You can verify Lamp And Light Ministries Incorporated's tax-exempt status using EIN 200862587 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
Lamp And Light Ministries Incorporated demonstrates consistent financial health with a positive net income in most recent filings. For example, in 2023, revenue was $81,027 against expenses of $59,073, indicating a surplus. The organization's assets have shown growth, reaching $202,667 in the latest period, up from $159,376 in 2023. Liabilities have consistently been low or zero in recent years, indicating good financial management and a strong balance sheet. The organization's transparency is bolstered by its consistent IRS 990 filings and the absence of officer compensation, which can often be a point of concern for smaller nonprofits.
Spending efficiency appears to be reasonable, especially given the organization's small scale. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall expense levels relative to revenue suggest that the organization is managing its resources effectively. The lack of officer compensation is a significant positive indicator of efficient use of funds, as it means all revenue is directed towards operational costs and mission delivery rather than executive salaries. This practice enhances donor confidence and reflects a commitment to maximizing impact.
Overall, Lamp And Light Ministries Incorporated appears to be a financially stable and transparent organization. Its consistent filing history, growing asset base, and zero officer compensation contribute to a positive assessment of its financial health and operational integrity. Donors can be reasonably confident that their contributions are being managed responsibly and directed towards the organization's mission.