Lighthouse Baptist Church Of Sterling Co
Lighthouse Baptist Church maintains stable finances with no reported liabilities and 0% officer compensation.
EIN: 203652917 · Sterling, CO · NTEE: X21 · Updated: 2026-03-28
About Lighthouse Baptist Church Of Sterling Co
Lighthouse Baptist Church Of Sterling Co (EIN: 203652917) is a nonprofit organization based in Sterling, CO, classified under NTEE code X21. The organization reported total revenue of $143K and total assets of $315K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lighthouse Baptist Church Of Sterling Co'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 Lighthouse Baptist Church Of Sterling Co with a Mission Score of 85 out of 100 (Excellent). 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, Lighthouse Baptist Church Of Sterling Co 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 officers either serve on a volunteer basis or receive no reportable compensation, which is a positive for a small organization of this size ($142,869 latest 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 Lighthouse Baptist Church Of Sterling Co's IRS 990 filings:
- Expenses exceeded revenue in 2023 by over $20,000, leading to a deficit.
Strengths
The following positive indicators were identified for Lighthouse Baptist Church Of Sterling Co:
- Consistent reporting of zero liabilities, indicating strong financial health and no debt.
- 0% officer compensation reported across all filings, suggesting efficient use of funds.
- Stable asset base over the past decade, demonstrating financial resilience.
- Consistent filing history (13 filings) indicates good compliance and transparency.
Frequently Asked Questions about Lighthouse Baptist Church Of Sterling Co
How does Lighthouse Baptist Church fund its operations given 0% officer compensation?
The 0% officer compensation suggests that leadership may be volunteer-based or compensated through non-reportable means, allowing more funds to be directed towards programs and operational expenses.
What caused the deficit in 2023 where expenses exceeded revenue?
In 2023, expenses were $156,487 while revenue was $135,461, resulting in a deficit. Without detailed expense breakdowns, it's unclear if this was due to increased program activities, one-time capital expenditures, or other operational costs.
How does the organization manage to maintain zero liabilities consistently?
Consistently reporting zero liabilities indicates a strong financial management practice, likely operating on a cash basis and avoiding debt, which is a significant strength for a nonprofit.
Filing History
IRS 990 filing history for Lighthouse Baptist Church Of Sterling Co showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lighthouse Baptist Church Of Sterling Co's revenue has grown by 12.3%, moving from $121K to $135K. Total assets decreased by 8.7% over the same period, from $381K to $348K. Total functional expenses rose by 50.1%, from $104K to $156K. In its most recent filing year (2023), Lighthouse Baptist Church Of Sterling Co reported a deficit of $21K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $135K | $156K | $348K | $0 | — | View 990 |
| 2022 | $177K | $159K | $369K | $0 | — | View 990 |
| 2021 | $151K | $148K | $351K | $0 | — | View 990 |
| 2020 | $133K | $128K | $348K | $0 | — | View 990 |
| 2019 | $129K | $123K | $343K | $0 | — | View 990 |
| 2018 | $121K | $114K | $336K | $0 | — | View 990 |
| 2017 | $102K | $110K | $329K | $0 | — | View 990 |
| 2016 | $109K | $95K | $338K | $0 | — | View 990 |
| 2015 | $108K | $103K | $324K | $0 | — | View 990 |
| 2014 | $136K | $112K | $320K | $0 | — | View 990 |
| 2013 | $111K | $101K | $295K | $0 | — | View 990 |
| 2012 | $154K | $114K | $402K | $116K | — | View 990 |
| 2011 | $121K | $104K | $381K | $136K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $135K, expenses of $156K, and assets of $348K (revenue -23.5% year-over-year).
- 2022: Revenue of $177K, expenses of $159K, and assets of $369K (revenue +17.5% year-over-year).
- 2021: Revenue of $151K, expenses of $148K, and assets of $351K (revenue +12.9% year-over-year).
- 2020: Revenue of $133K, expenses of $128K, and assets of $348K (revenue +3.3% year-over-year).
- 2019: Revenue of $129K, expenses of $123K, and assets of $343K (revenue +6.7% year-over-year).
- 2018: Revenue of $121K, expenses of $114K, and assets of $336K (revenue +19.0% year-over-year).
- 2017: Revenue of $102K, expenses of $110K, and assets of $329K (revenue -6.2% year-over-year).
- 2016: Revenue of $109K, expenses of $95K, and assets of $338K (revenue +0.6% year-over-year).
- 2015: Revenue of $108K, expenses of $103K, and assets of $324K (revenue -20.9% year-over-year).
- 2014: Revenue of $136K, expenses of $112K, and assets of $320K (revenue +23.1% year-over-year).
- 2013: Revenue of $111K, expenses of $101K, and assets of $295K (revenue -28.1% year-over-year).
- 2012: Revenue of $154K, expenses of $114K, and assets of $402K (revenue +27.6% year-over-year).
- 2011: Revenue of $121K, expenses of $104K, and assets of $381K.
Data Sources and Methodology
This transparency report for Lighthouse Baptist Church Of Sterling Co 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.