Lighthouse Foundation
Lighthouse Foundation maintains substantial assets and low liabilities, with fluctuating revenue and no reported officer compensation.
EIN: 200271577 · Spring, TX · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $819K |
| Total Expenses | $504K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $9 |
| Net Assets | $9.6M |
| Transparency Score | 85/100 |
Is Lighthouse Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lighthouse Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lighthouse Foundation
Lighthouse Foundation (EIN: 200271577) is a nonprofit organization based in Spring, TX. The organization reported total revenue of $819K and total assets of $10.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lighthouse Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lighthouse Foundation is a small nonprofit, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $874K |
| Total Expenses | $504K |
| Surplus / Deficit | +$370K |
| Total Assets | $9.6M |
| Total Liabilities | $1 |
| Net Assets | $9.6M |
| Operating Margin | 42.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 229.1 months |
Financial Health Grade: A
In 2023, Lighthouse Foundation reported a surplus of $370K with revenue exceeding expenses, holds 229.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Lighthouse Foundation's revenue has grown at a compound annual growth rate (CAGR) of 0.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +73.1% | +30.4% | +39.2% |
| 2022 | +91.4% | +99.8% | +18.4% |
| 2021 | +36286.2% | -17.9% | -19.0% |
| 2020 | -77.4% | -23.0% | +666.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
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 Foundation 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 Foundation 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $370K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Lighthouse Foundation consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization with assets exceeding $9 million and annual revenues approaching $1 million. This suggests either a fully volunteer-led executive team or that executive compensation is categorized differently within their financial reporting.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Lighthouse Foundation's IRS 990 filings:
- Highly volatile annual revenue, including negative revenue in 2015 ($-216,642) and extremely low revenue in 2020 ($725), which raises questions about funding stability.
- NTEE code is unknown, hindering direct comparison to peer organizations for financial benchmarking.
- Consistent 0% officer compensation for an organization with over $9 million in assets is unusual and warrants further clarification on executive remuneration practices.
Strengths
The following positive indicators were identified for Lighthouse Foundation:
- Strong asset growth over the past decade, from $1.7 million in 2011 to $9.6 million in 2023, indicating robust financial accumulation.
- Very low liabilities reported across most years (often $0 or $1), suggesting excellent debt management and fiscal prudence.
- Healthy surplus generation in recent years, with revenue significantly exceeding expenses (e.g., $874,149 revenue vs. $503,909 expenses in 2023).
- No reported officer compensation, which can be interpreted as a commitment to minimizing administrative costs at the executive level.
Frequently Asked Questions about Lighthouse Foundation
Is Lighthouse Foundation a legitimate charity?
Lighthouse Foundation (EIN: 200271577) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $819K. 3 red flags identified. 4 strengths noted. Financial health grade: A.
How does Lighthouse Foundation spend its money?
Lighthouse Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Lighthouse Foundation tax-deductible?
Lighthouse Foundation is registered as a tax-exempt nonprofit (EIN: 200271577). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Lighthouse Foundation CEO make?
Lighthouse Foundation's highest-compensated officer earns $9 annually. The organization reported $819K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Lighthouse Foundation's spending goes to programs?
Lighthouse Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Lighthouse Foundation located?
Lighthouse Foundation is headquartered in Spring, Texas and files with the IRS under EIN 200271577.
How many years of IRS 990 filings does Lighthouse Foundation have?
Lighthouse Foundation has 10 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 $819K in total revenue.
How does Lighthouse Foundation sustain operations with such volatile revenue, including negative revenue in 2015 and extremely low revenue in 2020?
The organization's ability to maintain and grow assets despite significant revenue fluctuations, such as $-216,642 in 2015 and $725 in 2020, suggests reliance on substantial prior year reserves, investment income, or large, infrequent donations not fully reflected in annual revenue figures. Further detail from their financial statements would be needed to fully understand this funding model.
What is the nature of the 'officer compensation' being consistently reported as 0%?
The consistent reporting of 0% officer compensation indicates that either the organization's leadership is entirely volunteer-based, or any compensation provided to executives is not classified under 'officer compensation' in their IRS 990 filings. This is a notable point for an organization of its size and asset base.
What is the NTEE code for Lighthouse Foundation, and how does its financial performance compare to similar organizations?
The NTEE code for Lighthouse Foundation is currently unknown, which makes direct peer comparison challenging. Identifying the NTEE code would allow for a more accurate assessment of its spending ratios and financial health relative to organizations with similar missions and activities.
Given the significant asset growth, what is the organization's strategy for utilizing these assets to further its mission?
With assets growing from $1.7 million in 2011 to over $9.6 million in 2023, understanding how Lighthouse Foundation plans to deploy these substantial resources – whether through program expansion, endowment growth, or other strategic investments – is crucial for assessing its long-term impact.
Filing History
IRS 990 filing history for Lighthouse Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Lighthouse Foundation's revenue has grown by 0.2%, moving from $873K to $874K. Total assets increased by 438.3% over the same period, from $1.8M to $9.6M. Total functional expenses rose by 120.1%, from $229K to $504K. In its most recent filing year (2023), Lighthouse Foundation reported a surplus of $370K, with revenue exceeding expenses. The organization holds $1 in liabilities against $9.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $9.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $874K | $504K | $9.6M | $1 | — | — |
| 2022 | $505K | $386K | $6.9M | $8K | — | View 990 |
| 2021 | $264K | $193K | $5.8M | $1 | — | View 990 |
| 2020 | $725 | $236K | $7.2M | $1 | — | — |
| 2019 | $3K | $306K | $940K | $0 | — | View 990 |
| 2015 | $-216,642 | $273K | $1.7M | $1 | — | View 990 |
| 2014 | $649K | $240K | $1.9M | $0 | — | View 990 |
| 2013 | $627K | $345K | $1.8M | $0 | — | View 990 |
| 2012 | $398K | $276K | $1.8M | $0 | — | View 990 |
| 2011 | $873K | $229K | $1.8M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $874K, expenses of $504K, and assets of $9.6M (revenue +73.1% year-over-year).
- 2022: Revenue of $505K, expenses of $386K, and assets of $6.9M (revenue +91.4% year-over-year).
- 2021: Revenue of $264K, expenses of $193K, and assets of $5.8M (revenue +36286.2% year-over-year).
- 2020: Revenue of $725, expenses of $236K, and assets of $7.2M (revenue -77.4% year-over-year).
- 2019: Revenue of $3K, expenses of $306K, and assets of $940K.
- 2015: Revenue of $-216,642, expenses of $273K, and assets of $1.7M (revenue -133.4% year-over-year).
- 2014: Revenue of $649K, expenses of $240K, and assets of $1.9M (revenue +3.5% year-over-year).
- 2013: Revenue of $627K, expenses of $345K, and assets of $1.8M (revenue +57.5% year-over-year).
- 2012: Revenue of $398K, expenses of $276K, and assets of $1.8M (revenue -54.4% year-over-year).
- 2011: Revenue of $873K, expenses of $229K, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lighthouse Foundation:
Data Sources and Methodology
This transparency report for Lighthouse Foundation 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.