Light Ministries Incorporated
EIN: 731300861 · Hot Springs, AR · NTEE: X21Z
| Metric | Value |
|---|---|
| Total Revenue | $920K |
| Total Expenses | $825K |
| Net Assets | $124K |
Is Light Ministries Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Light Ministries Incorporated
Light Ministries Incorporated (EIN: 731300861) is a nonprofit organization based in Hot Springs, AR, classified under NTEE code X21Z. The organization reported total revenue of $920K and total assets of $136K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Light Ministries Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Light Ministries Incorporated is a small nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $862K |
| Total Expenses | $825K |
| Surplus / Deficit | +$37K |
| Total Assets | $171K |
| Total Liabilities | $47K |
| Net Assets | $124K |
| Operating Margin | 4.3% |
| Debt-to-Asset Ratio | 27.6% |
| Months of Reserves | 2.5 months |
Financial Health Grade: A
In 2023, Light Ministries Incorporated reported a surplus of $37K with revenue exceeding expenses, holds 2.5 months of operating reserves (limited), has a debt-to-asset ratio of 27.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Light Ministries Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.2% | -9.4% | +13.9% |
| 2022 | -1.7% | +1.9% | -2.6% |
| 2021 | +13.5% | +7.0% | +37.9% |
| 2020 | -18.7% | -14.3% | -23.5% |
| 2019 | +34.9% | +25.7% | +7.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Light Ministries Incorporated 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 Ministries Incorporated 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 $37K, with revenue exceeding expenses.
- Debt-to-asset ratio: 27.6%.
Frequently Asked Questions about Light Ministries Incorporated
Is Light Ministries Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Light Ministries Incorporated (EIN: 731300861) insufficient data. 0 red flags identified, 0 strengths noted.
How does Light Ministries Incorporated spend its money?
Detailed spending breakdown data is not yet available for Light Ministries Incorporated. Check back for updated IRS 990 analysis.
Are donations to Light Ministries Incorporated tax-deductible?
Light Ministries Incorporated is registered as a tax-exempt nonprofit (EIN: 731300861). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Light Ministries Incorporated located?
Light Ministries Incorporated is headquartered in Hot Springs, Arkansas and files with the IRS under EIN 731300861. It is classified under NTEE code X21Z.
How many years of IRS 990 filings does Light Ministries Incorporated have?
Light Ministries Incorporated 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 $920K in total revenue.
Filing History
IRS 990 filing history for Light Ministries Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Light Ministries Incorporated's revenue has grown by 26.7%, moving from $680K to $862K. Total assets increased by 28.1% over the same period, from $134K to $171K. Total functional expenses rose by 24.1%, from $665K to $825K. In its most recent filing year (2023), Light Ministries Incorporated reported a surplus of $37K, with revenue exceeding expenses. The organization holds $47K in liabilities against $171K in assets (debt-to-asset ratio: 27.6%), resulting in net assets of $124K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $862K | $825K | $171K | $47K | — | View 990 |
| 2022 | $919K | $910K | $150K | $63K | — | — |
| 2021 | $935K | $893K | $154K | $77K | — | — |
| 2020 | $824K | $834K | $112K | $76K | — | View 990 |
| 2019 | $1.0M | $973K | $146K | $51K | — | View 990 |
| 2018 | $751K | $774K | $137K | $46K | — | View 990 |
| 2017 | $682K | $601K | $174K | $60K | — | View 990 |
| 2016 | $600K | $607K | $99K | $61K | — | View 990 |
| 2015 | $675K | $703K | $109K | $74K | — | View 990 |
| 2014 | $640K | $593K | $139K | $35K | — | View 990 |
| 2013 | $577K | $579K | $86K | $29K | — | View 990 |
| 2012 | $684K | $731K | $98K | $39K | — | View 990 |
| 2011 | $680K | $665K | $134K | $27K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $862K, expenses of $825K, and assets of $171K (revenue -6.2% year-over-year).
- 2022: Revenue of $919K, expenses of $910K, and assets of $150K (revenue -1.7% year-over-year).
- 2021: Revenue of $935K, expenses of $893K, and assets of $154K (revenue +13.5% year-over-year).
- 2020: Revenue of $824K, expenses of $834K, and assets of $112K (revenue -18.7% year-over-year).
- 2019: Revenue of $1.0M, expenses of $973K, and assets of $146K (revenue +34.9% year-over-year).
- 2018: Revenue of $751K, expenses of $774K, and assets of $137K (revenue +10.1% year-over-year).
- 2017: Revenue of $682K, expenses of $601K, and assets of $174K (revenue +13.6% year-over-year).
- 2016: Revenue of $600K, expenses of $607K, and assets of $99K (revenue -11.0% year-over-year).
- 2015: Revenue of $675K, expenses of $703K, and assets of $109K (revenue +5.5% year-over-year).
- 2014: Revenue of $640K, expenses of $593K, and assets of $139K (revenue +10.9% year-over-year).
- 2013: Revenue of $577K, expenses of $579K, and assets of $86K (revenue -15.6% year-over-year).
- 2012: Revenue of $684K, expenses of $731K, and assets of $98K (revenue +0.6% year-over-year).
- 2011: Revenue of $680K, expenses of $665K, and assets of $134K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Light Ministries Incorporated:
Data Sources and Methodology
This transparency report for Light Ministries Incorporated 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.