Angels For Sight

Angels For Sight shows inconsistent financial reporting with recent low assets and high liabilities, despite a reported multi-million dollar latest revenue.

EIN: 200865241 · Long Beach, CA · NTEE: E30 · Updated: 2026-03-28

$5.3MRevenue

$5.1MAssets

55/100Mission Score (Fair)

E30

About Angels For Sight

Angels For Sight (EIN: 200865241) is a nonprofit organization based in Long Beach, CA, classified under NTEE code E30. The organization reported total revenue of $5.3M and total assets of $5.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Angels For Sight's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Angels For Sight's financial health appears to be in a precarious state based on the provided IRS 990 data. While the latest reported revenue is $5,295,810 and assets are $5,147,372, the detailed filing history shows a consistent pattern of low revenue and expenses, with liabilities often exceeding assets in recent years. For instance, in 2022, assets were $35,706 against liabilities of $91,000, and in 2021, assets were $11,604 against liabilities of $75,000. This suggests potential solvency issues or a significant change in financial scale not fully reflected in the historical filings provided.

The spending efficiency is difficult to fully assess without a detailed breakdown of expenses for the latest period. However, the historical data shows expenses often close to or exceeding revenue, indicating tight operational margins. The consistent reporting of 0% officer compensation across all historical filings suggests a volunteer-driven or very lean executive structure, which can be a positive for program spending, but also raises questions about the capacity for managing a multi-million dollar organization if the latest revenue figure is accurate. Transparency is moderate; while filings are available, the significant discrepancy between historical filings and the 'latest revenue' figure requires further investigation to understand the organization's current financial reality.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Angels For Sight with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 20%
programs: 70%
fundraising: 10%

According to IRS 990 filings, Angels For Sight allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Executive Compensation Analysis

Executive compensation has consistently been reported as 0% across all historical filings, suggesting a volunteer-led organization or one with extremely low overhead for its leadership. This is unusual for an organization reporting multi-million dollar revenue and assets, and warrants further inquiry to understand how leadership is compensated or if this reflects a specific operational model.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Angels For Sight's IRS 990 filings:

Significant inconsistency between historical filing data and 'latest revenue' figure, suggesting potential data issues or a dramatic, unexplained shift in scale.
Liabilities frequently exceeding assets in historical filings (e.g., 2022, 2021), indicating potential solvency concerns.
Lack of detailed expense breakdown for the 'latest revenue' period makes it difficult to assess current spending efficiency.
Consistent 0% officer compensation reported across all historical filings, which is unusual for an organization of any significant size and raises questions about leadership structure and true overhead.

Strengths

The following positive indicators were identified for Angels For Sight:

Historically low reported officer compensation, suggesting a lean operational model or strong volunteer support.
Long filing history (10 filings) indicates consistent compliance with IRS reporting requirements, even if the data itself raises questions.

Frequently Asked Questions about Angels For Sight

What accounts for the significant discrepancy between the historical IRS 990 filings (e.g., $45,000 revenue in 2022) and the 'latest revenue' of $5,295,810?

The provided data shows a stark contrast between the detailed historical filings, which consistently report revenues in the tens of thousands, and the 'latest revenue' figure of over $5 million. This could indicate a major recent grant, a significant change in operations, or a data entry discrepancy that needs clarification to accurately assess the organization's current financial scale and health.

How does Angels For Sight manage its liabilities, which have frequently exceeded assets in recent historical filings (e.g., $91,000 liabilities vs. $35,706 assets in 2022)?

The consistent pattern of liabilities exceeding assets in several historical periods raises concerns about the organization's solvency and long-term financial stability. Understanding the nature of these liabilities and how they are being managed is crucial for assessing financial risk.

Given the 0% officer compensation reported, how is the organization's leadership structured and compensated, especially if it is now managing multi-million dollar operations?

The absence of reported officer compensation is notable. If the organization has indeed scaled to multi-million dollar revenue, it's important to understand if leadership remains entirely volunteer-based or if compensation is being reported under different categories, impacting the true administrative overhead.

Filing History

IRS 990 filing history for Angels For Sight showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2010–2022), Angels For Sight's revenue has declined by 89.5%, moving from $428K to $45K. Total assets decreased by 81.2% over the same period, from $189K to $36K. Total functional expenses fell by 90.2%, from $375K to $37K. In its most recent filing year (2022), Angels For Sight reported a surplus of $8K, with revenue exceeding expenses. The organization holds $91K in liabilities against $36K in assets (debt-to-asset ratio: 254.9%), resulting in net assets of $-55,294.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2022	$45K	$37K	$36K	$91K	—	—
2021	$26K	$93K	$12K	$75K	—	—
2017	$27K	$33K	$90K	$75K	—	View 990
2016	$39K	$45K	$97K	$75K	—	View 990
2015	$47K	$61K	$103K	$75K	—	View 990
2014	$106K	$99K	$117K	$75K	—	View 990
2013	$121K	$103K	$119K	$84K	—	View 990
2012	$72K	$75K	$108K	$91K	—	View 990
2011	$66K	$59K	$105K	$75K	—	View 990
2010	$428K	$375K	$189K	$89K	—	View 990

Year-by-Year Financial Summary

2022: Revenue of $45K, expenses of $37K, and assets of $36K (revenue +70.0% year-over-year).
2021: Revenue of $26K, expenses of $93K, and assets of $12K (revenue -0.1% year-over-year).
2017: Revenue of $27K, expenses of $33K, and assets of $90K (revenue -32.8% year-over-year).
2016: Revenue of $39K, expenses of $45K, and assets of $97K (revenue -15.9% year-over-year).
2015: Revenue of $47K, expenses of $61K, and assets of $103K (revenue -55.7% year-over-year).
2014: Revenue of $106K, expenses of $99K, and assets of $117K (revenue -12.7% year-over-year).
2013: Revenue of $121K, expenses of $103K, and assets of $119K (revenue +67.6% year-over-year).
2012: Revenue of $72K, expenses of $75K, and assets of $108K (revenue +10.5% year-over-year).
2011: Revenue of $66K, expenses of $59K, and assets of $105K (revenue -84.7% year-over-year).
2010: Revenue of $428K, expenses of $375K, and assets of $189K.

Data Sources and Methodology

This transparency report for Angels For Sight is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

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