Quick charity verification for Southeast Lighthouse Foundation (EIN: 222933316)
Verdict: Southeast Lighthouse Foundation appears trustworthy
75/100Mission Score
$111KRevenue
$3.5MAssets
4Red Flags
4Strengths
Red Flags
Inconsistent revenue generation, with a sharp drop from $948,111 in 2016 to $50,106 in 2017, and a low of $90,170 in 2023.
The consistent reporting of 0% compensation for officers, directors, trustees, and key employees across all years is highly unusual and may indicate a lack of transparency.
A significant liability of $307,300 appears in 2022 and 2023 filings without clear explanation.
Administrative expenses appear high relative to program spending, especially given the reported 0% executive compensation.
Strengths
Maintains a substantial asset base, consistently over $3 million, providing financial stability.
Demonstrates a long operational history with consistent filings.
Low fundraising costs, suggesting efficient donor acquisition or strong reliance on existing support.
Positive net assets indicate financial health despite revenue fluctuations.
AI Transparency Report
Southeast Lighthouse Foundation is a arts, culture & humanities nonprofit based in Block Island, Rhode Island, with reported revenue of $111K and assets of $3.5M. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 60% of spending goes to programs, 30% to administration, and 10% to fundraising. • The organization consistently reports 0% compensation for its highest-paid employees, which warrants further investigation.
• Detailed breakdowns of program expenses are not readily available in the provided data, making it difficult to assess impact.
• The financial filings show a significant liability of $307,300 in 2022 and 2023, which is not explained. Executive compensation is reported as 0% in all available filings, which is unusual for an organization with significant assets and expenses, suggesting potential underreporting or reliance on volunteer leadership. Revenue has grown +79% across 13 filing periods.