Lighthouse Homeschool Cooperative
EIN: 843888962 · Bono, AR
| Metric | Value |
|---|---|
| Total Revenue | $530K |
| Total Expenses | $291K |
| Net Assets | $125K |
Is Lighthouse Homeschool Cooperative Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lighthouse Homeschool Cooperative
Lighthouse Homeschool Cooperative (EIN: 843888962) is a nonprofit organization based in Bono, AR. The organization reported total revenue of $530K and total assets of $206K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lighthouse Homeschool Cooperative's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lighthouse Homeschool Cooperative is a small nonprofit that has been operating for 6 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 223.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $363K |
| Total Expenses | $291K |
| Surplus / Deficit | +$72K |
| Total Assets | $131K |
| Total Liabilities | $6K |
| Net Assets | $125K |
| Operating Margin | 19.8% |
| Debt-to-Asset Ratio | 4.8% |
| Months of Reserves | 5.4 months |
Financial Health Grade: A
In 2023, Lighthouse Homeschool Cooperative reported a surplus of $72K with revenue exceeding expenses, holds 5.4 months of operating reserves (adequate), has a debt-to-asset ratio of 4.8% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Lighthouse Homeschool Cooperative's revenue has grown at a compound annual growth rate (CAGR) of 223.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +223.5% | +227.6% | +136.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lighthouse Homeschool Cooperative 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 Homeschool Cooperative 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 surplus of $72K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.8%.
Frequently Asked Questions about Lighthouse Homeschool Cooperative
Is Lighthouse Homeschool Cooperative a legitimate charity?
Lighthouse Homeschool Cooperative (EIN: 843888962) is a registered tax-exempt nonprofit based in Arkansas. It has 2 years of IRS 990 filings on record. Total revenue: $530K. No red flags identified. Financial health grade: A.
How does Lighthouse Homeschool Cooperative spend its money?
Lighthouse Homeschool Cooperative reported $530K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lighthouse Homeschool Cooperative tax-deductible?
Lighthouse Homeschool Cooperative is registered as a tax-exempt nonprofit (EIN: 843888962). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lighthouse Homeschool Cooperative located?
Lighthouse Homeschool Cooperative is headquartered in Bono, Arkansas and files with the IRS under EIN 843888962.
How many years of IRS 990 filings does Lighthouse Homeschool Cooperative have?
Lighthouse Homeschool Cooperative has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $530K in total revenue.
Filing History
IRS 990 filing history for Lighthouse Homeschool Cooperative showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Lighthouse Homeschool Cooperative's revenue has grown by 223.5%, moving from $112K to $363K. Total assets increased by 136.2% over the same period, from $55K to $131K. Total functional expenses rose by 227.6%, from $89K to $291K. In its most recent filing year (2023), Lighthouse Homeschool Cooperative reported a surplus of $72K, with revenue exceeding expenses. The organization holds $6K in liabilities against $131K in assets (debt-to-asset ratio: 4.8%), resulting in net assets of $125K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $363K | $291K | $131K | $6K | — | View 990 |
| 2022 | $112K | $89K | $55K | $3K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lighthouse Homeschool Cooperative:
Data Sources and Methodology
This transparency report for Lighthouse Homeschool Cooperative 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.