Enlight Foundation
Enlight Foundation shows strong financial growth and zero officer compensation over a decade.
EIN: 201063909 · Palo Alto, CA · NTEE: T20 · Updated: 2026-03-28
Is Enlight Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Enlight Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Enlight Foundation
Enlight Foundation (EIN: 201063909) is a nonprofit organization based in Palo Alto, CA, classified under NTEE code T20. The organization reported total revenue of $156.4M and total assets of $253.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Enlight Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Enlight Foundation is a major nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 22.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $101.7M |
| Total Expenses | $47.5M |
| Surplus / Deficit | +$54.2M |
| Total Assets | $247.7M |
| Total Liabilities | $357 |
| Net Assets | $247.7M |
| Operating Margin | 53.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 62.5 months |
Financial Health Grade: A
In 2023, Enlight Foundation reported a surplus of $54.2M with revenue exceeding expenses, holds 62.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Enlight Foundation's revenue has grown at a compound annual growth rate (CAGR) of 22.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -27.8% | +74.7% | +27.9% |
| 2022 | +322.6% | +22.4% | +142.4% |
| 2021 | +232.6% | +61.8% | +16.2% |
| 2020 | +39.6% | +41.1% | -5.1% |
| 2019 | +18.7% | +114.6% | -10.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Enlight Foundation with a Mission Score of 92 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, Enlight Foundation 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:
- The organization reported a surplus of $54.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Enlight Foundation consistently reports 0% officer compensation across all ten available IRS 990 filings, indicating that no salaries were paid to officers, which is highly unusual for an organization of its size with assets exceeding $247 million.
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 Enlight Foundation's IRS 990 filings:
- Unusually low liabilities relative to assets (e.g., $357 in 2023 against $247M assets), which might warrant further investigation into financial structure.
- Consistent 0% officer compensation for an organization of this scale and asset base is highly unusual and could indicate alternative compensation structures not captured in this specific line item, or a fully volunteer-led executive team.
Strengths
The following positive indicators were identified for Enlight Foundation:
- Exceptional revenue growth, particularly in recent years, demonstrating strong fundraising capabilities.
- Significant asset accumulation, growing from $68.6M in 2011 to $247.7M in 2023, indicating robust financial health.
- Consistent reporting of 0% officer compensation, suggesting a strong commitment to directing funds towards the mission.
- Expenses consistently well below revenues, leading to substantial surpluses and financial stability.
- Low liabilities across all reported periods, indicating a strong balance sheet and minimal debt.
Frequently Asked Questions about Enlight Foundation
Is Enlight Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Enlight Foundation (EIN: 201063909) some concerns. Mission Score: 92/100. 2 red flags identified, 5 strengths noted.
How does Enlight Foundation spend its money?
Enlight Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Enlight Foundation tax-deductible?
Enlight Foundation is registered as a tax-exempt nonprofit (EIN: 201063909). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Enlight Foundation a good charity?
Based on its financial data, Enlight Foundation appears to be a very good charity. It demonstrates strong financial health with consistent revenue growth, substantial asset accumulation ($247,700,568 in 2023), and a remarkable commitment to transparency by reporting 0% officer compensation across all filings.
How has Enlight Foundation's revenue changed over time?
Enlight Foundation has experienced significant revenue growth, particularly in recent years. Revenue surged from $9,034,955 in 2011 to $101,729,191 in 2023, with a peak of $140,853,059 in 2022, indicating substantial financial expansion.
What is Enlight Foundation's asset growth like?
The organization's assets have grown substantially, from $68,682,774 in 2011 to $247,700,568 in 2023, demonstrating effective financial management and accumulation of resources over time.
Does Enlight Foundation pay its executives?
According to all available IRS 990 filings from 2011 to 2023, Enlight Foundation consistently reported 0% officer compensation, indicating that no salaries were paid to its officers during these periods.
What is the trend in expenses versus revenue?
Enlight Foundation consistently maintains expenses significantly lower than its revenues. For example, in 2023, revenues were $101,729,191 while expenses were $47,545,397, resulting in a substantial surplus that contributes to asset growth.
Filing History
IRS 990 filing history for Enlight Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Enlight Foundation's revenue has grown by 1026%, moving from $9.0M to $101.7M. Total assets increased by 260.6% over the same period, from $68.7M to $247.7M. Total functional expenses rose by 1376.8%, from $3.2M to $47.5M. In its most recent filing year (2023), Enlight Foundation reported a surplus of $54.2M, with revenue exceeding expenses. The organization holds $357 in liabilities against $247.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $247.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $101.7M | $47.5M | $247.7M | $357 | — | View 990 |
| 2022 | $140.9M | $27.2M | $193.6M | $93K | — | View 990 |
| 2021 | $33.3M | $22.2M | $79.9M | $10K | — | — |
| 2020 | $10.0M | $13.7M | $68.8M | $4K | — | — |
| 2019 | $7.2M | $9.7M | $72.5M | $1 | — | View 990 |
| 2015 | $6.0M | $4.5M | $80.5M | $1 | — | View 990 |
| 2014 | $-2,053,742 | $4.3M | $79.0M | $1 | — | View 990 |
| 2013 | $7.0M | $2.5M | $85.4M | $10K | — | View 990 |
| 2012 | $14.9M | $2.7M | $80.9M | $9K | — | View 990 |
| 2011 | $9.0M | $3.2M | $68.7M | $840 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $101.7M, expenses of $47.5M, and assets of $247.7M (revenue -27.8% year-over-year).
- 2022: Revenue of $140.9M, expenses of $27.2M, and assets of $193.6M (revenue +322.6% year-over-year).
- 2021: Revenue of $33.3M, expenses of $22.2M, and assets of $79.9M (revenue +232.6% year-over-year).
- 2020: Revenue of $10.0M, expenses of $13.7M, and assets of $68.8M (revenue +39.6% year-over-year).
- 2019: Revenue of $7.2M, expenses of $9.7M, and assets of $72.5M (revenue +18.7% year-over-year).
- 2015: Revenue of $6.0M, expenses of $4.5M, and assets of $80.5M.
- 2014: Revenue of $-2,053,742, expenses of $4.3M, and assets of $79.0M (revenue -129.2% year-over-year).
- 2013: Revenue of $7.0M, expenses of $2.5M, and assets of $85.4M (revenue -52.9% year-over-year).
- 2012: Revenue of $14.9M, expenses of $2.7M, and assets of $80.9M (revenue +65.3% year-over-year).
- 2011: Revenue of $9.0M, expenses of $3.2M, and assets of $68.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Enlight Foundation:
Data Sources and Methodology
This transparency report for Enlight Foundation 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.