Lighthouse Center For Vital Living
EIN: 410706140 · Duluth, MN · NTEE: G41Z
| Metric | Value |
|---|---|
| Total Revenue | $3.3M |
| Total Expenses | $1.7M |
| Net Assets | $5.8M |
Is Lighthouse Center For Vital Living Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lighthouse Center For Vital Living
Lighthouse Center For Vital Living (EIN: 410706140) is a nonprofit organization based in Duluth, MN, classified under NTEE code G41Z. The organization reported total revenue of $3.3M and total assets of $6.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lighthouse Center For Vital Living's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lighthouse Center For Vital Living is a mid-size nonprofit that has been operating for 75 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $1.7M |
| Surplus / Deficit | $-51,954 |
| Total Assets | $6.0M |
| Total Liabilities | $216K |
| Net Assets | $5.8M |
| Operating Margin | -3.1% |
| Debt-to-Asset Ratio | 3.6% |
| Months of Reserves | 41.4 months |
Financial Health Grade: B
In 2023, Lighthouse Center For Vital Living reported a deficit of $52K with expenses exceeding revenue, holds 41.4 months of operating reserves (strong position), has a debt-to-asset ratio of 3.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Lighthouse Center For Vital Living's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -72.8% | +27.7% | +5.5% |
| 2022 | +316.2% | +2.3% | +213.7% |
| 2021 | +45.8% | +24.4% | +5.5% |
| 2020 | +5.1% | +4.2% | +4.5% |
| 2019 | -0.5% | +3.0% | -1.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1951 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lighthouse Center For Vital Living 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 Lighthouse Center For Vital Living 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 deficit of $52K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.6%.
Frequently Asked Questions about Lighthouse Center For Vital Living
Is Lighthouse Center For Vital Living a legitimate charity?
Lighthouse Center For Vital Living (EIN: 410706140) is a registered tax-exempt nonprofit based in Minnesota. It has 13 years of IRS 990 filings on record. Total revenue: $3.3M. No red flags identified. Financial health grade: B.
How does Lighthouse Center For Vital Living spend its money?
Lighthouse Center For Vital Living reported $3.3M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lighthouse Center For Vital Living tax-deductible?
Lighthouse Center For Vital Living is registered as a tax-exempt nonprofit (EIN: 410706140). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lighthouse Center For Vital Living located?
Lighthouse Center For Vital Living is headquartered in Duluth, Minnesota and files with the IRS under EIN 410706140. It is classified under NTEE code G41Z.
How many years of IRS 990 filings does Lighthouse Center For Vital Living have?
Lighthouse Center For Vital Living 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 $3.3M in total revenue.
Filing History
IRS 990 filing history for Lighthouse Center For Vital Living showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lighthouse Center For Vital Living's revenue has grown by 85.4%, moving from $915K to $1.7M. Total assets increased by 251.4% over the same period, from $1.7M to $6.0M. Total functional expenses rose by 89%, from $925K to $1.7M. In its most recent filing year (2023), Lighthouse Center For Vital Living reported a deficit of $52K, with expenses exceeding revenue. The organization holds $216K in liabilities against $6.0M in assets (debt-to-asset ratio: 3.6%), resulting in net assets of $5.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.7M | $6.0M | $216K | — | View 990 |
| 2022 | $6.2M | $1.4M | $5.7M | $156K | — | View 990 |
| 2021 | $1.5M | $1.3M | $1.8M | $169K | — | — |
| 2020 | $1.0M | $1.1M | $1.7M | $235K | — | View 990 |
| 2019 | $979K | $1.0M | $1.7M | $114K | — | View 990 |
| 2018 | $984K | $1.0M | $1.7M | $90K | — | View 990 |
| 2017 | $967K | $962K | $1.7M | $90K | — | View 990 |
| 2016 | $841K | $845K | $1.6M | $64K | — | View 990 |
| 2015 | $760K | $759K | $1.6M | $36K | — | View 990 |
| 2014 | $738K | $738K | $1.7M | $61K | — | View 990 |
| 2013 | $775K | $771K | $1.7M | $85K | — | View 990 |
| 2012 | $709K | $730K | $1.7M | $64K | — | View 990 |
| 2011 | $915K | $925K | $1.7M | $104K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $1.7M, and assets of $6.0M (revenue -72.8% year-over-year).
- 2022: Revenue of $6.2M, expenses of $1.4M, and assets of $5.7M (revenue +316.2% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.3M, and assets of $1.8M (revenue +45.8% year-over-year).
- 2020: Revenue of $1.0M, expenses of $1.1M, and assets of $1.7M (revenue +5.1% year-over-year).
- 2019: Revenue of $979K, expenses of $1.0M, and assets of $1.7M (revenue -0.5% year-over-year).
- 2018: Revenue of $984K, expenses of $1.0M, and assets of $1.7M (revenue +1.7% year-over-year).
- 2017: Revenue of $967K, expenses of $962K, and assets of $1.7M (revenue +15.0% year-over-year).
- 2016: Revenue of $841K, expenses of $845K, and assets of $1.6M (revenue +10.7% year-over-year).
- 2015: Revenue of $760K, expenses of $759K, and assets of $1.6M (revenue +3.0% year-over-year).
- 2014: Revenue of $738K, expenses of $738K, and assets of $1.7M (revenue -4.7% year-over-year).
- 2013: Revenue of $775K, expenses of $771K, and assets of $1.7M (revenue +9.3% year-over-year).
- 2012: Revenue of $709K, expenses of $730K, and assets of $1.7M (revenue -22.5% year-over-year).
- 2011: Revenue of $915K, expenses of $925K, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lighthouse Center For Vital Living:
Data Sources and Methodology
This transparency report for Lighthouse Center For Vital Living 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.