Is Sky Light Center Incorporated Legit?

Quick charity verification for Sky Light Center Incorporated (EIN: 133473726)

Verdict: Sky Light Center Incorporated appears trustworthy

85/100Mission Score

$2.8MRevenue

$1.3MAssets

3Red Flags

4Strengths

Red Flags

Significant fluctuation in assets over the past decade, with a notable decrease from $1,708,501 in 2016 to $452,386 in 2023.
Large deficit reported in 2017 ($1,664,250), indicating a period of financial strain or significant one-time expenses.
Consistent reporting of 0% officer compensation, which is unusual for an organization of this size and could obscure actual leadership compensation if reported elsewhere.

Strengths

Strong financial recovery and surplus in the latest fiscal year (202306) with revenue exceeding expenses by $442,787.
Consistent revenue generation, generally staying above $2 million annually.
Low liabilities in the most recent filing ($265,937), indicating good debt management.
Absence of reported officer compensation suggests a highly efficient use of funds at the executive level, or a volunteer-driven leadership.

Spending Breakdown

How Sky Light Center 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

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 Sky Light Center Incorporated

Is Sky Light Center Incorporated a legitimate charity?

Based on AI analysis of IRS 990 filings, Sky Light Center Incorporated (EIN: 133473726) appears trustworthy. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.

Is Sky Light Center Incorporated a good charity to donate to?

Sky Light Center Incorporated has a Mission Score of 85/100. Revenue: $2.8M. Assets: $1.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Sky Light Center Incorporated?

The Employer Identification Number (EIN) for Sky Light Center Incorporated is 133473726. 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 Sky Light Center Incorporated spend its money?

Sky Light Center Incorporated allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Sky Light Center Incorporated's tax-exempt status?

You can verify Sky Light Center Incorporated's tax-exempt status using EIN 133473726 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

Sky Light Center Incorporated demonstrates a generally stable financial position with consistent revenue streams around the $2 million to $2.7 million mark over the past decade. The organization has shown periods of both surpluses and deficits, with a notable deficit in 2017 where expenses significantly exceeded revenue ($3,641,225 vs. $1,976,975). However, the most recent filing (202306) shows a healthy surplus of over $440,000 ($2,635,825 revenue vs. $2,193,038 expenses), indicating strong financial management in the latest period. The organization's assets have fluctuated, reaching a high of $1,708,501 in 2016 and currently standing at $452,386 in 2023, which is a significant decrease from previous years. Liabilities have also varied, with a high of $1,278,295 in 2017, but are currently at a manageable $265,937.

Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment is challenging. However, the consistent operational expenses relative to revenue suggest a stable cost structure. The absence of reported officer compensation across all filings is a significant positive indicator for transparency and efficient use of funds, as it suggests that leadership is either unpaid or compensated through other means not reported as officer compensation on the 990, which is unusual for an organization of this size. This could also indicate that the organization is run by volunteers or that compensation is reported under general salaries.

Overall, Sky Light Center appears to be a financially sound organization, especially given its recent surplus. The lack of reported officer compensation is a notable aspect of its transparency, though further detail on how leadership is compensated would provide a more complete picture. The fluctuation in assets and occasional deficits warrant attention, but the overall trend suggests responsible financial stewardship.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.