Light Of Life International Inc
Light Of Life International Inc frequently operates at a deficit, with assets declining since 2021, but reports no officer compensation.
EIN: 201572940 · Ft Worth, TX · NTEE: X20 · Updated: 2026-03-28
Is Light Of Life International Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Light Of Life International Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Light Of Life International Inc
Light Of Life International Inc (EIN: 201572940) is a nonprofit organization based in Ft Worth, TX, classified under NTEE code X20. The organization reported total revenue of $923K and total assets of $64K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Light Of Life International Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Light Of Life International Inc with a Mission Score of 75 out of 100 (Good). 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, Light Of Life International Inc 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.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation directly from the organization, which is highly commendable for a nonprofit with nearly $1 million in annual revenue.
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 Light Of Life International Inc's IRS 990 filings:
- Frequent operating deficits (expenses exceeding revenue) in recent years (e.g., 2023, 2022, 2019, 2018).
- Declining asset base from $363,769 in 2021 to $107,760 in 2023.
Strengths
The following positive indicators were identified for Light Of Life International Inc:
- 0% officer compensation reported across all filings, indicating strong financial stewardship regarding executive pay.
- Relatively low liabilities compared to assets, suggesting prudent debt management.
- Consistent revenue generation over several years, often exceeding $600,000 annually.
Frequently Asked Questions about Light Of Life International Inc
Is Light Of Life International Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Light Of Life International Inc (EIN: 201572940) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Light Of Life International Inc spend its money?
Light Of Life International Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Light Of Life International Inc tax-deductible?
Light Of Life International Inc is registered as a tax-exempt nonprofit (EIN: 201572940). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Light Of Life International Inc financially stable?
The organization's financial stability is questionable due to frequent operating deficits, where expenses have exceeded revenue in multiple recent years (e.g., 2023, 2022, 2019, 2018). This trend has led to a decrease in assets from $363,769 in 2021 to $107,760 in 2023, suggesting a reliance on existing reserves or other funding mechanisms to cover operational costs.
How does Light Of Life International Inc manage its executive compensation?
Light Of Life International Inc reports 0% officer compensation in all available IRS 990 filings, indicating that its officers do not receive salaries or other compensation from the organization. This is a strong positive for transparency and efficient use of funds.
What is the trend in Light Of Life International Inc's assets?
The organization's assets have shown a declining trend in recent years, peaking at $363,769 in 2021 and subsequently decreasing to $213,793 in 2022 and $107,760 in 2023. This reduction in assets coincides with periods of deficit spending.
Filing History
IRS 990 filing history for Light Of Life International Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Light Of Life International Inc's revenue has grown by 226.5%, moving from $263K to $860K. Total assets increased by 155.6% over the same period, from $42K to $108K. Total functional expenses rose by 284.9%, from $251K to $967K. In its most recent filing year (2023), Light Of Life International Inc reported a deficit of $107K, with expenses exceeding revenue. The organization holds $4K in liabilities against $108K in assets (debt-to-asset ratio: 3.3%), resulting in net assets of $104K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $860K | $967K | $108K | $4K | — | — |
| 2022 | $654K | $815K | $214K | $15K | — | — |
| 2021 | $656K | $506K | $364K | $10K | — | View 990 |
| 2020 | $596K | $526K | $209K | $8K | — | — |
| 2019 | $612K | $692K | $145K | $13K | — | View 990 |
| 2018 | $920K | $940K | $233K | $23K | — | View 990 |
| 2017 | $736K | $544K | $256K | $22K | — | — |
| 2016 | $473K | $497K | $54K | $10K | — | View 990 |
| 2015 | $476K | $400K | $73K | $6K | — | View 990 |
| 2014 | $514K | $578K | $17K | $27K | — | View 990 |
| 2013 | $441K | $446K | $62K | $8K | — | View 990 |
| 2012 | $513K | $537K | $75K | $16K | — | View 990 |
| 2011 | $307K | $265K | $93K | $9K | — | View 990 |
| 2010 | $263K | $251K | $42K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $860K, expenses of $967K, and assets of $108K (revenue +31.4% year-over-year).
- 2022: Revenue of $654K, expenses of $815K, and assets of $214K (revenue -0.2% year-over-year).
- 2021: Revenue of $656K, expenses of $506K, and assets of $364K (revenue +10.1% year-over-year).
- 2020: Revenue of $596K, expenses of $526K, and assets of $209K (revenue -2.7% year-over-year).
- 2019: Revenue of $612K, expenses of $692K, and assets of $145K (revenue -33.5% year-over-year).
- 2018: Revenue of $920K, expenses of $940K, and assets of $233K (revenue +24.9% year-over-year).
- 2017: Revenue of $736K, expenses of $544K, and assets of $256K (revenue +55.7% year-over-year).
- 2016: Revenue of $473K, expenses of $497K, and assets of $54K (revenue -0.7% year-over-year).
- 2015: Revenue of $476K, expenses of $400K, and assets of $73K (revenue -7.3% year-over-year).
- 2014: Revenue of $514K, expenses of $578K, and assets of $17K (revenue +16.5% year-over-year).
- 2013: Revenue of $441K, expenses of $446K, and assets of $62K (revenue -13.9% year-over-year).
- 2012: Revenue of $513K, expenses of $537K, and assets of $75K (revenue +67.2% year-over-year).
- 2011: Revenue of $307K, expenses of $265K, and assets of $93K (revenue +16.5% year-over-year).
- 2010: Revenue of $263K, expenses of $251K, and assets of $42K.
Data Sources and Methodology
This transparency report for Light Of Life International 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.