Long history of IRS 990 filings (14 filings), demonstrating transparency
Relatively low liabilities compared to assets ($40,712 liabilities vs. $317,486 assets in 2023)
Strong program focus due to minimal administrative and fundraising overhead
Spending Breakdown
How Lighthouse Recovery Services Inc 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 Lighthouse Recovery Services Inc
Is Lighthouse Recovery Services Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lighthouse Recovery Services Inc (EIN: 20570995) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Lighthouse Recovery Services Inc a good charity to donate to?
Lighthouse Recovery Services Inc has a Mission Score of 85/100. Revenue: $200K. Assets: $317K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Lighthouse Recovery Services Inc?
The Employer Identification Number (EIN) for Lighthouse Recovery Services Inc is 20570995. 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 Lighthouse Recovery Services Inc spend its money?
Lighthouse Recovery Services Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Lighthouse Recovery Services Inc's tax-exempt status?
You can verify Lighthouse Recovery Services Inc's tax-exempt status using EIN 20570995 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
Lighthouse Recovery Services Inc. demonstrates a consistent operational history with 14 filings, indicating a commitment to regular financial reporting. The organization's assets have shown some fluctuation, peaking at $395,745 in 2020 and currently standing at $317,486. While revenue has varied, it has generally remained in the $150,000-$290,000 range over the past decade, with the latest reported revenue at $197,001. The organization has consistently reported 0% officer compensation, which is a strong indicator of volunteer leadership and efficient use of funds for its mission. However, recent years (2022 and 2023) show expenses exceeding revenue, with a deficit of $31,209 in 2023 and $1,665 in 2022, which warrants monitoring to ensure long-term financial stability. The organization's liabilities are relatively low compared to its assets, suggesting a healthy balance sheet.