Lantern Light Camps Inc
EIN: 853433451 · Northwood, NH · NTEE: O50
| Metric | Value |
|---|---|
| Total Revenue | $444K |
| Total Expenses | $383K |
| Net Assets | $28K |
Is Lantern Light Camps Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lantern Light Camps Inc
Lantern Light Camps Inc (EIN: 853433451) is a nonprofit organization based in Northwood, NH, classified under NTEE code O50. The organization reported total revenue of $444K and total assets of $220K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lantern Light Camps Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lantern Light Camps Inc is a small nonprofit that has been operating for 5 years, with 3 years of IRS 990 filings on record (2022–2024). Revenue has grown at a compound annual rate of 26.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $461K |
| Total Expenses | $383K |
| Surplus / Deficit | +$77K |
| Total Assets | $205K |
| Total Liabilities | $177K |
| Net Assets | $28K |
| Operating Margin | 16.8% |
| Debt-to-Asset Ratio | 86.4% |
| Months of Reserves | 6.4 months |
Financial Health Grade: A
In 2024, Lantern Light Camps Inc reported a surplus of $77K with revenue exceeding expenses, holds 6.4 months of operating reserves (strong position), has a debt-to-asset ratio of 86.4% (high leverage).
Financial Trends
Over 3 years of filings (2022–2024), Lantern Light Camps Inc's revenue has grown at a compound annual growth rate (CAGR) of 26.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +24.5% | -5.6% | -0.3% |
| 2023 | +28.3% | +31.8% | +103.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lantern Light Camps Inc 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 Lantern Light Camps Inc 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $77K, with revenue exceeding expenses.
- Debt-to-asset ratio: 86.4%.
Frequently Asked Questions about Lantern Light Camps Inc
Is Lantern Light Camps Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lantern Light Camps Inc (EIN: 853433451) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lantern Light Camps Inc spend its money?
Detailed spending breakdown data is not yet available for Lantern Light Camps Inc. Check back for updated IRS 990 analysis.
Are donations to Lantern Light Camps Inc tax-deductible?
Lantern Light Camps Inc is registered as a tax-exempt nonprofit (EIN: 853433451). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lantern Light Camps Inc located?
Lantern Light Camps Inc is headquartered in Northwood, New Hampshire and files with the IRS under EIN 853433451. It is classified under NTEE code O50.
How many years of IRS 990 filings does Lantern Light Camps Inc have?
Lantern Light Camps Inc has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $444K in total revenue.
Filing History
IRS 990 filing history for Lantern Light Camps Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2022–2024), Lantern Light Camps Inc's revenue has grown by 59.6%, moving from $289K to $461K. Total assets increased by 102.7% over the same period, from $101K to $205K. Total functional expenses rose by 24.4%, from $308K to $383K. In its most recent filing year (2024), Lantern Light Camps Inc reported a surplus of $77K, with revenue exceeding expenses. The organization holds $177K in liabilities against $205K in assets (debt-to-asset ratio: 86.4%), resulting in net assets of $28K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $461K | $383K | $205K | $177K | — | — |
| 2023 | $370K | $406K | $205K | $255K | — | View 990 |
| 2022 | $289K | $308K | $101K | $115K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $461K, expenses of $383K, and assets of $205K (revenue +24.5% year-over-year).
- 2023: Revenue of $370K, expenses of $406K, and assets of $205K (revenue +28.3% year-over-year).
- 2022: Revenue of $289K, expenses of $308K, and assets of $101K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lantern Light Camps Inc:
Data Sources and Methodology
This transparency report for Lantern Light Camps Inc 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.