Significant and unexplained fluctuations in reported assets (e.g., $87,098 to $1 to $246,670).
Anomalous 2023 filing with zero revenue, expenses, assets, and liabilities.
Lack of detailed expense breakdown to fully assess spending efficiency.
Strengths
Consistent reporting of 0% officer compensation, indicating resources are not used for executive salaries.
History of operations with 13 filings, suggesting longevity.
Latest reported assets of $246,670 indicate a potentially stronger financial position than previous years.
Spending Breakdown
How Lighthouse Rescue Mission Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Rescue Mission Inc
Is Lighthouse Rescue Mission Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lighthouse Rescue Mission Inc (EIN: 203606094) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Lighthouse Rescue Mission Inc a good charity to donate to?
Lighthouse Rescue Mission Inc has a Mission Score of 65/100. Revenue: $142K. Assets: $247K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Lighthouse Rescue Mission Inc?
The Employer Identification Number (EIN) for Lighthouse Rescue Mission Inc is 203606094. 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 Rescue Mission Inc spend its money?
Lighthouse Rescue Mission Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Lighthouse Rescue Mission Inc's tax-exempt status?
You can verify Lighthouse Rescue Mission Inc's tax-exempt status using EIN 203606094 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 Rescue Mission Inc. demonstrates a fluctuating financial history with periods of both revenue growth and decline. The organization's assets have shown some volatility, peaking in 2016 at $111,113 and then declining significantly to $1 in 2021 and 2022, before the latest reported assets of $246,670. The sudden drop to $1 in assets for two consecutive years, followed by a substantial increase, warrants further investigation to understand the underlying financial activities and asset management practices. The 2023 filing showing zero revenue, expenses, assets, and liabilities is an anomaly that requires clarification, as it could indicate a late filing, a change in reporting, or inactivity for that period.
The organization consistently reports 0% officer compensation across all available filings, which suggests either a volunteer-led structure or that compensation is reported under other expense categories. Without a detailed breakdown of expenses, it's challenging to assess spending efficiency accurately. However, the consistent reporting of minimal assets in recent years (excluding the latest reported $246,670) raises questions about the organization's long-term financial stability and capacity to sustain its mission, especially given its NTEE code P20 (Homeless Services).
Transparency is moderately concerning due to the significant fluctuations in reported assets and the anomalous 2023 filing. While the consistent 0% officer compensation is a positive indicator of resource allocation towards the mission, the lack of detailed expense breakdowns in the provided data makes a comprehensive assessment of spending efficiency difficult. The organization's ability to manage its finances effectively and maintain consistent operations given the asset volatility is a key area for potential donors to consider.