Lighthouse Childrens Development Center Inc
EIN: 631243885 · Carbon Hill, AL
| Metric | Value |
|---|---|
| Total Expenses | $151K |
| Net Assets | $-558,085 |
Is Lighthouse Childrens Development Center Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lighthouse Childrens Development Center Inc
Lighthouse Childrens Development Center Inc (EIN: 631243885) is a nonprofit organization based in Carbon Hill, AL. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lighthouse Childrens Development Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lighthouse Childrens Development Center Inc is a small nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of -2.3%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $153K |
| Total Expenses | $151K |
| Surplus / Deficit | +$2K |
| Total Assets | $2K |
| Total Liabilities | $560K |
| Net Assets | $-558,085 |
| Operating Margin | 1.2% |
| Debt-to-Asset Ratio | 23717.6% |
| Months of Reserves | 0.2 months |
Financial Health Grade: B
In 2015, Lighthouse Childrens Development Center Inc reported a surplus of $2K with revenue exceeding expenses, holds 0.2 months of operating reserves (limited), has a debt-to-asset ratio of 23717.6% (high leverage).
Financial Trends
Over 5 years of filings (2011–2015), Lighthouse Childrens Development Center Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +7.7% | +5.9% | +2.3% |
| 2014 | -13.8% | -13.2% | -28.2% |
| 2013 | -0.7% | -0.6% | +456.4% |
| 2012 | -1.3% | -23.4% | +57700.0% |
AI Analysis Pending
AI enrichment for Lighthouse Childrens Development Center Inc 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 Childrens Development Center Inc 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 23717.6%.
Frequently Asked Questions about Lighthouse Childrens Development Center Inc
Is Lighthouse Childrens Development Center Inc a legitimate charity?
Lighthouse Childrens Development Center Inc (EIN: 631243885) is a registered tax-exempt nonprofit based in Alabama. It has 5 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Lighthouse Childrens Development Center Inc spend its money?
Lighthouse Childrens Development Center Inc reported its financials in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lighthouse Childrens Development Center Inc tax-deductible?
Lighthouse Childrens Development Center Inc is registered as a tax-exempt nonprofit (EIN: 631243885). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lighthouse Childrens Development Center Inc located?
Lighthouse Childrens Development Center Inc is headquartered in Carbon Hill, Alabama and files with the IRS under EIN 631243885.
How many years of IRS 990 filings does Lighthouse Childrens Development Center Inc have?
Lighthouse Childrens Development Center Inc has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Lighthouse Childrens Development Center Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Lighthouse Childrens Development Center Inc's revenue has declined by 9%, moving from $168K to $153K. Total assets increased by 236200% over the same period, from $1 to $2K. Total functional expenses fell by 30%, from $216K to $151K. In its most recent filing year (2015), Lighthouse Childrens Development Center Inc reported a surplus of $2K, with revenue exceeding expenses. The organization holds $560K in liabilities against $2K in assets (debt-to-asset ratio: 23717.6%), resulting in net assets of $-558,085.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $153K | $151K | $2K | $560K | — | View 990 |
| 2014 | $142K | $143K | $2K | $562K | — | View 990 |
| 2013 | $165K | $164K | $3K | $563K | — | View 990 |
| 2012 | $166K | $165K | $578 | $561K | — | View 990 |
| 2011 | $168K | $216K | $1 | $561K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $153K, expenses of $151K, and assets of $2K (revenue +7.7% year-over-year).
- 2014: Revenue of $142K, expenses of $143K, and assets of $2K (revenue -13.8% year-over-year).
- 2013: Revenue of $165K, expenses of $164K, and assets of $3K (revenue -0.7% year-over-year).
- 2012: Revenue of $166K, expenses of $165K, and assets of $578 (revenue -1.3% year-over-year).
- 2011: Revenue of $168K, expenses of $216K, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lighthouse Childrens Development Center Inc:
Data Sources and Methodology
This transparency report for Lighthouse Childrens Development Center 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.