Lighthouse Christian School
Lighthouse Christian School consistently generates surpluses and grows assets with no reported officer compensation.
EIN: 204112074 · Dagsboro, DE · NTEE: B24 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $935K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $435K |
| Transparency Score | 90/100 |
Is Lighthouse Christian School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lighthouse Christian School directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lighthouse Christian School
Lighthouse Christian School (EIN: 204112074) is a nonprofit organization based in Dagsboro, DE, classified under NTEE code B24. The organization reported total revenue of $1.0M and total assets of $442K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lighthouse Christian School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lighthouse Christian School is a mid-size nonprofit that has been operating for 14 years, with 16 years of IRS 990 filings on record (2009–2024). Revenue has grown at a compound annual rate of 27.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $989K |
| Total Expenses | $935K |
| Surplus / Deficit | +$54K |
| Total Assets | $442K |
| Total Liabilities | $8K |
| Net Assets | $435K |
| Operating Margin | 5.4% |
| Debt-to-Asset Ratio | 1.7% |
| Months of Reserves | 5.7 months |
Financial Health Grade: A
In 2024, Lighthouse Christian School reported a surplus of $54K with revenue exceeding expenses, holds 5.7 months of operating reserves (adequate), has a debt-to-asset ratio of 1.7% (very low leverage).
Financial Trends
Over 16 years of filings (2009–2024), Lighthouse Christian School's revenue has grown at a compound annual growth rate (CAGR) of 27.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +14.4% | +8.4% | +15.2% |
| 2023 | -10.1% | +3.1% | -16.4% |
| 2022 | +10.5% | +14.7% | +8.4% |
| 2021 | +32.8% | +2.8% | +25.0% |
| 2020 | -2.9% | +0.8% | +12.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lighthouse Christian School with a Mission Score of 90 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 Christian School 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.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $54K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.7%.
Executive Compensation Analysis
No officer compensation has been reported across all available filing periods (201507-202407), which is highly unusual for an organization of its size with revenues approaching $1 million, suggesting a volunteer-led executive structure or that compensation is categorized differently.
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 Christian School's IRS 990 filings:
- Lack of detailed expense breakdown in provided data makes precise efficiency analysis challenging
- Unusually low liabilities could indicate reliance on external support or specific funding models not fully detailed
Strengths
The following positive indicators were identified for Lighthouse Christian School:
- Consistent financial surpluses in recent years (e.g., $53,579 in 202407)
- Steady growth in assets over time, from $321,319 in 201507 to $442,453 in 202407
- No reported officer compensation, suggesting high efficiency in leadership costs
- Low liabilities ($7,626 in 202407) indicating minimal debt burden
- Robust filing history with 16 IRS 990 filings, demonstrating transparency and compliance
Frequently Asked Questions about Lighthouse Christian School
Is Lighthouse Christian School a legitimate charity?
Lighthouse Christian School (EIN: 204112074) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 90/100. It has 16 years of IRS 990 filings on record. Total revenue: $1.0M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Lighthouse Christian School spend its money?
Lighthouse Christian School directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Lighthouse Christian School tax-deductible?
Lighthouse Christian School is registered as a tax-exempt nonprofit (EIN: 204112074). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Lighthouse Christian School CEO make?
Lighthouse Christian School's highest-compensated officer earns $1 annually. The organization reported $1.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Lighthouse Christian School's spending goes to programs?
Lighthouse Christian School directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Lighthouse Christian School compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Lighthouse Christian School is above average for NTEE category B24 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lighthouse Christian School located?
Lighthouse Christian School is headquartered in Dagsboro, Delaware and files with the IRS under EIN 204112074. It is classified under NTEE code B24.
How many years of IRS 990 filings does Lighthouse Christian School have?
Lighthouse Christian School has 16 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 $1.0M in total revenue.
Is Lighthouse Christian School financially stable?
Yes, Lighthouse Christian School appears financially stable. It has consistently generated surpluses in recent years (e.g., $53,579 in 202407) and has shown a steady increase in assets from $321,319 in 201507 to $442,453 in 202407, while maintaining low liabilities.
How does the lack of officer compensation impact the organization?
The absence of reported officer compensation across all filings suggests that executive leadership may be volunteer-based or compensated through non-officer roles, potentially allowing a greater proportion of funds to be allocated directly to program services and reducing administrative overhead.
Has the organization's revenue been growing?
Yes, the organization's revenue has shown a general upward trend, increasing from $586,599 in 201507 to $988,993 in 202407, with the latest reported revenue at $1,005,710, indicating healthy growth.
What is the trend in the organization's assets?
The organization's assets have generally increased over the past decade, from $321,319 in 201507 to $442,453 in 202407, demonstrating a positive accumulation of resources.
Filing History
IRS 990 filing history for Lighthouse Christian School showing financial trends over 16 years of public records:
Over 16 years of IRS 990 filings (2009–2024), Lighthouse Christian School's revenue has grown by 3639.8%, moving from $26K to $989K. Total assets increased by 213.3% over the same period, from $141K to $442K. Total functional expenses rose by 13370.8%, from $7K to $935K. In its most recent filing year (2024), Lighthouse Christian School reported a surplus of $54K, with revenue exceeding expenses. The organization holds $8K in liabilities against $442K in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $435K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $989K | $935K | $442K | $8K | — | View 990 |
| 2023 | $864K | $863K | $384K | $3K | — | View 990 |
| 2022 | $962K | $837K | $460K | $2K | — | View 990 |
| 2021 | $870K | $730K | $424K | $91K | — | View 990 |
| 2020 | $655K | $710K | $339K | $147K | — | View 990 |
| 2019 | $675K | $705K | $301K | $54K | — | View 990 |
| 2018 | $700K | $721K | $368K | $91K | — | View 990 |
| 2017 | $696K | $656K | $346K | $48K | — | View 990 |
| 2016 | $625K | $633K | $318K | $59K | — | View 990 |
| 2015 | $587K | $604K | $321K | $55K | — | View 990 |
| 2014 | $611K | $624K | $352K | $68K | — | View 990 |
| 2013 | $585K | $581K | $297K | $86 | — | View 990 |
| 2012 | $532K | $531K | $200K | $0 | — | View 990 |
| 2011 | $575K | $540K | $202K | $10K | — | View 990 |
| 2010 | $507K | $476K | $175K | $18K | — | View 990 |
| 2009 | $26K | $7K | $141K | $15K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $989K, expenses of $935K, and assets of $442K (revenue +14.4% year-over-year).
- 2023: Revenue of $864K, expenses of $863K, and assets of $384K (revenue -10.1% year-over-year).
- 2022: Revenue of $962K, expenses of $837K, and assets of $460K (revenue +10.5% year-over-year).
- 2021: Revenue of $870K, expenses of $730K, and assets of $424K (revenue +32.8% year-over-year).
- 2020: Revenue of $655K, expenses of $710K, and assets of $339K (revenue -2.9% year-over-year).
- 2019: Revenue of $675K, expenses of $705K, and assets of $301K (revenue -3.6% year-over-year).
- 2018: Revenue of $700K, expenses of $721K, and assets of $368K (revenue +0.6% year-over-year).
- 2017: Revenue of $696K, expenses of $656K, and assets of $346K (revenue +11.3% year-over-year).
- 2016: Revenue of $625K, expenses of $633K, and assets of $318K (revenue +6.6% year-over-year).
- 2015: Revenue of $587K, expenses of $604K, and assets of $321K (revenue -4.0% year-over-year).
- 2014: Revenue of $611K, expenses of $624K, and assets of $352K (revenue +4.4% year-over-year).
- 2013: Revenue of $585K, expenses of $581K, and assets of $297K (revenue +10.0% year-over-year).
- 2012: Revenue of $532K, expenses of $531K, and assets of $200K (revenue -7.5% year-over-year).
- 2011: Revenue of $575K, expenses of $540K, and assets of $202K (revenue +13.4% year-over-year).
- 2010: Revenue of $507K, expenses of $476K, and assets of $175K (revenue +1816.6% year-over-year).
- 2009: Revenue of $26K, expenses of $7K, and assets of $141K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lighthouse Christian School:
Data Sources and Methodology
This transparency report for Lighthouse Christian School 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.