Essential Light Institute
EIN: 263102015 · Bend, OR · NTEE: B90
| Metric | Value |
|---|---|
| Total Revenue | $125K |
| Total Expenses | $269K |
| Net Assets | $103K |
Is Essential Light Institute Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Essential Light Institute
Essential Light Institute (EIN: 263102015) is a nonprofit organization based in Bend, OR, classified under NTEE code B90. The organization reported total revenue of $125K and total assets of $85K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Essential Light Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Essential Light Institute is a small nonprofit that has been operating for 16 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $259K |
| Total Expenses | $269K |
| Surplus / Deficit | $-9,691 |
| Total Assets | $108K |
| Total Liabilities | $4K |
| Net Assets | $103K |
| Operating Margin | -3.7% |
| Debt-to-Asset Ratio | 4.1% |
| Months of Reserves | 4.8 months |
Financial Health Grade: B
In 2023, Essential Light Institute reported a deficit of $10K with expenses exceeding revenue, holds 4.8 months of operating reserves (adequate), has a debt-to-asset ratio of 4.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Essential Light Institute's revenue has declined at a compound annual growth rate (CAGR) of -0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +116.5% | +158.0% | -4.8% |
| 2022 | -20.3% | -29.4% | +16.1% |
| 2021 | +22.8% | +27.2% | +2.7% |
| 2020 | -51.3% | -48.5% | +7.0% |
| 2019 | -15.7% | -13.4% | +33.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Essential Light Institute has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Essential Light Institute with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $10K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.1%.
Frequently Asked Questions about Essential Light Institute
Is Essential Light Institute a legitimate charity?
Essential Light Institute (EIN: 263102015) is a registered tax-exempt nonprofit based in Oregon. It has 13 years of IRS 990 filings on record. Total revenue: $125K. No red flags identified. Financial health grade: B.
How does Essential Light Institute spend its money?
Essential Light Institute reported $125K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Essential Light Institute tax-deductible?
Essential Light Institute is registered as a tax-exempt nonprofit (EIN: 263102015). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Essential Light Institute located?
Essential Light Institute is headquartered in Bend, Oregon and files with the IRS under EIN 263102015. It is classified under NTEE code B90.
How many years of IRS 990 filings does Essential Light Institute have?
Essential Light Institute 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 $125K in total revenue.
Filing History
IRS 990 filing history for Essential Light Institute showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Essential Light Institute's revenue has declined by 4.2%, moving from $270K to $259K. Total assets increased by 560.2% over the same period, from $16K to $108K. Total functional expenses fell by 3.2%, from $277K to $269K. In its most recent filing year (2023), Essential Light Institute reported a deficit of $10K, with expenses exceeding revenue. The organization holds $4K in liabilities against $108K in assets (debt-to-asset ratio: 4.1%), resulting in net assets of $103K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $259K | $269K | $108K | $4K | — | View 990 |
| 2022 | $120K | $104K | $113K | $218 | — | — |
| 2021 | $150K | $147K | $98K | $0 | — | — |
| 2020 | $122K | $116K | $95K | $0 | — | View 990 |
| 2019 | $251K | $225K | $89K | $25 | — | View 990 |
| 2018 | $298K | $260K | $67K | $4K | — | View 990 |
| 2017 | $245K | $241K | $29K | $3K | — | View 990 |
| 2016 | $222K | $240K | $24K | $3K | — | View 990 |
| 2015 | $239K | $215K | $42K | $3K | — | View 990 |
| 2014 | $177K | $209K | $21K | $6K | — | View 990 |
| 2013 | $248K | $220K | $51K | $4K | — | View 990 |
| 2012 | $257K | $255K | $19K | $194 | — | View 990 |
| 2011 | $270K | $277K | $16K | $179 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $259K, expenses of $269K, and assets of $108K (revenue +116.5% year-over-year).
- 2022: Revenue of $120K, expenses of $104K, and assets of $113K (revenue -20.3% year-over-year).
- 2021: Revenue of $150K, expenses of $147K, and assets of $98K (revenue +22.8% year-over-year).
- 2020: Revenue of $122K, expenses of $116K, and assets of $95K (revenue -51.3% year-over-year).
- 2019: Revenue of $251K, expenses of $225K, and assets of $89K (revenue -15.7% year-over-year).
- 2018: Revenue of $298K, expenses of $260K, and assets of $67K (revenue +21.6% year-over-year).
- 2017: Revenue of $245K, expenses of $241K, and assets of $29K (revenue +10.3% year-over-year).
- 2016: Revenue of $222K, expenses of $240K, and assets of $24K (revenue -7.1% year-over-year).
- 2015: Revenue of $239K, expenses of $215K, and assets of $42K (revenue +34.9% year-over-year).
- 2014: Revenue of $177K, expenses of $209K, and assets of $21K (revenue -28.6% year-over-year).
- 2013: Revenue of $248K, expenses of $220K, and assets of $51K (revenue -3.6% year-over-year).
- 2012: Revenue of $257K, expenses of $255K, and assets of $19K (revenue -4.7% year-over-year).
- 2011: Revenue of $270K, expenses of $277K, and assets of $16K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Essential Light Institute:
Data Sources and Methodology
This transparency report for Essential Light Institute 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.