Is Skylight Foundation Inc Legit?

Spending Breakdown

How Skylight Foundation 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

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 Skylight Foundation Inc

Is Skylight Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Skylight Foundation Inc (EIN: 204281816) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.

Is Skylight Foundation Inc a good charity to donate to?

Skylight Foundation Inc has a Mission Score of 70/100. Revenue: $5.5M. Assets: $20.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Skylight Foundation Inc?

The Employer Identification Number (EIN) for Skylight Foundation Inc is 204281816. 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 Skylight Foundation Inc spend its money?

Skylight Foundation Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Skylight Foundation Inc's tax-exempt status?

You can verify Skylight Foundation Inc's tax-exempt status using EIN 204281816 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

Skylight Foundation Inc exhibits highly volatile financial performance, with revenue fluctuating significantly year-to-year, from a high of $10,982,237 in 2022 to a low of $878,522 in 2023, and even negative revenue in 2015. This inconsistency makes long-term financial planning and stability challenging to assess. The organization's assets have grown substantially over time, from $2,601,813 in 2012 to $20,483,325 in 2023, indicating successful asset accumulation despite revenue swings. However, the 2023 filing shows expenses ($2,351,847) significantly exceeding revenue ($878,522), resulting in a substantial deficit for that period.

Spending efficiency is difficult to fully ascertain without a detailed breakdown of program, administrative, and fundraising expenses, which is not provided in the summary data. However, the consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing executive overhead, which is a positive indicator for donor confidence. The organization's NTEE code B12 (Philanthropy, Voluntarism, and Grantmaking Foundations) suggests its primary activity is grantmaking, which typically involves distributing funds to other nonprofits rather than direct program delivery.

Transparency regarding executive compensation is excellent, with 0% reported for officers. However, the lack of detailed expense categories (program, admin, fundraising) in the provided data limits a comprehensive assessment of spending efficiency and how funds are allocated. The significant year-over-year fluctuations in revenue and expenses, particularly the large deficit in 2023, warrant closer examination of the organization's financial management practices and funding sources.

Verdict: Skylight Foundation Inc appears trustworthy

Red Flags

Strengths