Light Action Foundation
EIN: 382477755 · Las Vegas, NV
| Metric | Value |
|---|---|
| Total Revenue | $17K |
| Total Expenses | $20K |
| Net Assets | $323K |
Is Light Action Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Light Action Foundation
Light Action Foundation (EIN: 382477755) is a nonprofit organization based in Las Vegas, NV. The organization reported total revenue of $17K and total assets of $316K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Light Action Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Light Action Foundation is a micro nonprofit that has been operating for 43 years, with 9 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 9.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $38K |
| Total Expenses | $20K |
| Surplus / Deficit | +$18K |
| Total Assets | $323K |
| Total Liabilities | $1 |
| Net Assets | $323K |
| Operating Margin | 47.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 193.5 months |
Financial Health Grade: A
In 2023, Light Action Foundation reported a surplus of $18K with revenue exceeding expenses, holds 193.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2012–2023), Light Action Foundation's revenue has grown at a compound annual growth rate (CAGR) of 9.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +245.2% | -80.1% | +-0.0% |
| 2022 | -26.7% | +403.3% | -18.1% |
| 2021 | +58.5% | +0.0% | -1.3% |
| 2020 | +817.0% | +230.7% | -6.9% |
| 2016 | -0.3% | +103.9% | -1.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Light Action Foundation 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 Light Action Foundation 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 surplus of $18K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Light Action Foundation
Is Light Action Foundation a legitimate charity?
Light Action Foundation (EIN: 382477755) is a registered tax-exempt nonprofit based in Nevada. It has 9 years of IRS 990 filings on record. Total revenue: $17K. No red flags identified. Financial health grade: A.
How does Light Action Foundation spend its money?
Light Action Foundation reported $17K in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Light Action Foundation tax-deductible?
Light Action Foundation is registered as a tax-exempt nonprofit (EIN: 382477755). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Light Action Foundation located?
Light Action Foundation is headquartered in Las Vegas, Nevada and files with the IRS under EIN 382477755.
How many years of IRS 990 filings does Light Action Foundation have?
Light Action Foundation has 9 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 $17K in total revenue.
Filing History
IRS 990 filing history for Light Action Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2023), Light Action Foundation's revenue has grown by 169.7%, moving from $14K to $38K. Total assets decreased by 27.4% over the same period, from $445K to $323K. Total functional expenses rose by 154.3%, from $8K to $20K. In its most recent filing year (2023), Light Action Foundation reported a surplus of $18K, with revenue exceeding expenses. The organization holds $1 in liabilities against $323K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $323K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $38K | $20K | $323K | $1 | — | — |
| 2022 | $11K | $101K | $323K | $18K | — | View 990 |
| 2021 | $15K | $20K | $394K | $1 | — | — |
| 2020 | $9K | $20K | $399K | $1 | — | — |
| 2016 | $1K | $6K | $429K | $1 | — | View 990 |
| 2015 | $1K | $3K | $434K | $1 | — | View 990 |
| 2014 | $1K | $1K | $436K | $1 | — | View 990 |
| 2013 | $1K | $10K | $436K | $1 | — | View 990 |
| 2012 | $14K | $8K | $445K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $38K, expenses of $20K, and assets of $323K (revenue +245.2% year-over-year).
- 2022: Revenue of $11K, expenses of $101K, and assets of $323K (revenue -26.7% year-over-year).
- 2021: Revenue of $15K, expenses of $20K, and assets of $394K (revenue +58.5% year-over-year).
- 2020: Revenue of $9K, expenses of $20K, and assets of $399K (revenue +817.0% year-over-year).
- 2016: Revenue of $1K, expenses of $6K, and assets of $429K (revenue -0.3% year-over-year).
- 2015: Revenue of $1K, expenses of $3K, and assets of $434K (revenue -2.5% year-over-year).
- 2014: Revenue of $1K, expenses of $1K, and assets of $436K (revenue -4.9% year-over-year).
- 2013: Revenue of $1K, expenses of $10K, and assets of $436K (revenue -92.1% year-over-year).
- 2012: Revenue of $14K, expenses of $8K, and assets of $445K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Light Action Foundation:
Data Sources and Methodology
This transparency report for Light Action 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.