City Lights & Company

City Lights & Company maintains stable operations with no reported officer compensation and low liabilities.

EIN: 205462244 · Bridgeport, CT · NTEE: A20 · Updated: 2026-03-28

$320KRevenue
$76KAssets
85/100Mission Score (Excellent)
A20
City Lights & Company Financial Summary
MetricValue
Total Revenue$320K
Total Expenses$244K
Program Spending85%
Net Assets$43K
Transparency Score85/100

Search Intent Cockpit

City Lights & Company Form 990, Revenue, CEO Pay, and IRS Filing Signals

City Lights & Company is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around City Lights & Company in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $234K and expenses of $244K.

Revenue and Expenses

City Lights & Company reported $234K in revenue and $244K in expenses, a deficit of $10K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

85/100 mission score, 1 red flag, and 4 strengths are shown from structured and AI review.

Is City Lights & Company Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
85%Program Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

City Lights & Company Expense Deployment
Program services$207K (85%)

Across stored filings, City Lights & Company shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

City Lights & Company Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 1 red flag identified
Mission spend85% to programsExcellent
Financial durabilityGrade C13 stored filing years
Peer contextCompare with Teen Center Of Wilton IncConnecticut and Arts & Culture context

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City Lights & Company directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About City Lights & Company

City Lights & Company (EIN: 205462244) is a nonprofit organization based in Bridgeport, CT, classified under NTEE code A20. The organization reported total revenue of $320K and total assets of $76K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of City Lights & Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

18Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

City Lights & Company is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.0%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$234K
Total Expenses$244K
Surplus / Deficit$-10,277
Total Assets$43K
Total Liabilities$287
Net Assets$43K
Operating Margin-4.4%
Debt-to-Asset Ratio0.7%
Months of Reserves2.1 months

Financial Health Grade: C

In 2023, City Lights & Company reported a deficit of $10K with expenses exceeding revenue, holds 2.1 months of operating reserves (limited), has a debt-to-asset ratio of 0.7% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), City Lights & Company's revenue has grown at a compound annual growth rate (CAGR) of 12.0%.

YearRevenue ChangeExpense ChangeAsset Change
2023-27.3%-15.6%-18.8%
2022+124.5%+60.6%+156.8%
2021-17.2%+18.0%-64.0%
2020-26.6%-30.5%+55.5%
2019+38.1%+32.8%+78.9%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2008

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

City Lights & Company demonstrates a consistent operational history with fluctuating but generally stable revenue streams, averaging around $190,000 annually over the past decade. The organization's financial health appears to be managed closely, with assets typically exceeding liabilities, though the latest filing (202312) shows liabilities of $287 against assets of $43,118, indicating a very low debt burden. The organization's spending efficiency is notable for its complete absence of reported officer compensation across all available filings, suggesting that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which can contribute to lower administrative overhead. However, without a detailed breakdown of expenses beyond total revenue and expenses, it's challenging to precisely assess the proportion dedicated to programs versus administrative or fundraising costs. The organization's transparency is good in terms of consistent annual filings. The lack of reported officer compensation is a positive indicator for donor confidence regarding executive pay. However, a more granular breakdown of expenses in the filings would enhance transparency, allowing for a clearer understanding of how funds are allocated across program services, administration, and fundraising efforts. The relatively small asset base ($76,208 latest, $43,118 in 2023) for an organization with over $300,000 in revenue suggests that funds are primarily used for immediate operational needs rather than significant asset accumulation, which is common for smaller nonprofits.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates City Lights & Company with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, City Lights & Company allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$234KTotal Revenue
$244KTotal Expenses
$43KTotal Assets
$287Total Liabilities
$43KNet Assets
  • The organization reported a deficit of $10K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.7%.

Executive Compensation Analysis

City Lights & Company has consistently reported 0% officer compensation across all 13 available IRS 990 filings, indicating that its leadership is either entirely volunteer-based or compensated through mechanisms not classified as officer compensation, which is highly unusual for an organization of its size and operational history.

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 City Lights & Company's IRS 990 filings:

  • Lack of detailed expense breakdown beyond total revenue and expenses in provided data, making precise program efficiency analysis difficult.

Strengths

The following positive indicators were identified for City Lights & Company:

  • Consistent history of IRS 990 filings, indicating good transparency and compliance.
  • Zero reported officer compensation across all filings, suggesting efficient use of funds for mission-related activities.
  • Low liabilities relative to assets and revenue, indicating sound financial management and minimal debt burden.
  • Generally stable revenue streams over a long operational period, demonstrating resilience.

Frequently Asked Questions about City Lights & Company

Is City Lights & Company a legitimate charity?

City Lights & Company (EIN: 205462244) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $320K. 1 red flag identified. 4 strengths noted. Financial health grade: C.

How does City Lights & Company spend its money?

City Lights & Company directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to City Lights & Company tax-deductible?

City Lights & Company is registered as a tax-exempt nonprofit (EIN: 205462244). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of City Lights & Company's spending goes to programs?

City Lights & Company directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does City Lights & Company compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), City Lights & Company is above average for NTEE category A20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is City Lights & Company located?

City Lights & Company is headquartered in Bridgeport, Connecticut and files with the IRS under EIN 205462244. It is classified under NTEE code A20.

How many years of IRS 990 filings does City Lights & Company have?

City Lights & Company has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $320K in total revenue.

Is City Lights & Company financially stable?

Yes, the organization appears financially stable, consistently generating revenue and managing expenses. While revenue fluctuates (e.g., $233,617 in 2023 vs. $321,233 in 2022), it has maintained positive net assets in most years and very low liabilities, indicating sound financial management.

How does City Lights & Company manage executive compensation?

According to all available IRS 990 filings, City Lights & Company reports 0% officer compensation. This suggests that executive leadership is either entirely volunteer-based or compensated through non-officer compensation channels, which is a significant factor in its operational cost structure.

What is the trend in City Lights & Company's assets?

The organization's assets have fluctuated over time, ranging from a low of $15,978 in 2017 to a high of $57,422 in 2020, and $43,118 in the latest 2023 filing. The current assets of $76,208 (latest available data) indicate a modest but generally increasing trend in recent years, supporting its operations.

Filing History

IRS 990 filing history for City Lights & Company showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), City Lights & Company's revenue has grown by 289%, moving from $60K to $234K. Total assets increased by 1530.8% over the same period, from $3K to $43K. Total functional expenses rose by 305.9%, from $60K to $244K. In its most recent filing year (2023), City Lights & Company reported a deficit of $10K, with expenses exceeding revenue. The organization holds $287 in liabilities against $43K in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $43K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $234K $244K $43K $287
2022 $321K $289K $53K $0 View 990
2021 $143K $180K $21K $0
2020 $173K $152K $57K $0
2019 $236K $219K $37K $0 View 990
2018 $171K $165K $21K $0 View 990
2017 $159K $183K $16K $0 View 990
2016 $192K $179K $39K $0 View 990
2015 $133K $158K $27K $0 View 990
2014 $170K $145K $51K $0
2013 $123K $98K $26K $260
2012 $60K $62K $4K $3K View 990
2011 $60K $60K $3K $-727

Year-by-Year Financial Summary

  • 2023: Revenue of $234K, expenses of $244K, and assets of $43K (revenue -27.3% year-over-year).
  • 2022: Revenue of $321K, expenses of $289K, and assets of $53K (revenue +124.5% year-over-year).
  • 2021: Revenue of $143K, expenses of $180K, and assets of $21K (revenue -17.2% year-over-year).
  • 2020: Revenue of $173K, expenses of $152K, and assets of $57K (revenue -26.6% year-over-year).
  • 2019: Revenue of $236K, expenses of $219K, and assets of $37K (revenue +38.1% year-over-year).
  • 2018: Revenue of $171K, expenses of $165K, and assets of $21K (revenue +7.2% year-over-year).
  • 2017: Revenue of $159K, expenses of $183K, and assets of $16K (revenue -17.0% year-over-year).
  • 2016: Revenue of $192K, expenses of $179K, and assets of $39K (revenue +44.1% year-over-year).
  • 2015: Revenue of $133K, expenses of $158K, and assets of $27K (revenue -21.8% year-over-year).
  • 2014: Revenue of $170K, expenses of $145K, and assets of $51K (revenue +38.6% year-over-year).
  • 2013: Revenue of $123K, expenses of $98K, and assets of $26K (revenue +105.5% year-over-year).
  • 2012: Revenue of $60K, expenses of $62K, and assets of $4K (revenue -0.5% year-over-year).
  • 2011: Revenue of $60K, expenses of $60K, and assets of $3K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for City Lights & Company:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for City Lights & Company 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.

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