Lighthouse Of The Carolinas Inc
EIN: 770630962 · Greenwood, SC · NTEE: I31
About Lighthouse Of The Carolinas Inc
Lighthouse Of The Carolinas Inc (EIN: 770630962) is a nonprofit organization based in Greenwood, SC, classified under NTEE code I31. The organization reported total revenue of $140K and total assets of $331K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lighthouse Of The Carolinas Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Lighthouse Of The Carolinas 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 Of The Carolinas 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.
Filing History
IRS 990 filing history for Lighthouse Of The Carolinas Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lighthouse Of The Carolinas Inc's revenue has grown by 85.9%, moving from $105K to $195K. Total assets increased by 84.2% over the same period, from $218K to $402K. Total functional expenses rose by 38%, from $109K to $150K. In its most recent filing year (2023), Lighthouse Of The Carolinas Inc reported a surplus of $44K, with revenue exceeding expenses. The organization holds $147K in liabilities against $402K in assets (debt-to-asset ratio: 36.5%), resulting in net assets of $255K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $195K | $150K | $402K | $147K | — | View 990 |
| 2022 | $142K | $140K | $372K | $161K | — | — |
| 2021 | $163K | $128K | $457K | $210K | — | View 990 |
| 2020 | $144K | $116K | $433K | $221K | — | View 990 |
| 2019 | $120K | $106K | $424K | $240K | — | View 990 |
| 2018 | $128K | $102K | $388K | $219K | — | View 990 |
| 2017 | $137K | $126K | $383K | $228K | — | View 990 |
| 2016 | $127K | $93K | $317K | $185K | — | View 990 |
| 2015 | $125K | $89K | $300K | $202K | — | View 990 |
| 2014 | $98K | $75K | $284K | $222K | — | View 990 |
| 2013 | $81K | $66K | $224K | $184K | — | View 990 |
| 2012 | $87K | $67K | $225K | $200K | — | View 990 |
| 2011 | $105K | $109K | $218K | $214K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $195K, expenses of $150K, and assets of $402K (revenue +36.9% year-over-year).
- 2022: Revenue of $142K, expenses of $140K, and assets of $372K (revenue -12.6% year-over-year).
- 2021: Revenue of $163K, expenses of $128K, and assets of $457K (revenue +13.0% year-over-year).
- 2020: Revenue of $144K, expenses of $116K, and assets of $433K (revenue +19.7% year-over-year).
- 2019: Revenue of $120K, expenses of $106K, and assets of $424K (revenue -5.8% year-over-year).
- 2018: Revenue of $128K, expenses of $102K, and assets of $388K (revenue -6.7% year-over-year).
- 2017: Revenue of $137K, expenses of $126K, and assets of $383K (revenue +8.2% year-over-year).
- 2016: Revenue of $127K, expenses of $93K, and assets of $317K (revenue +1.0% year-over-year).
- 2015: Revenue of $125K, expenses of $89K, and assets of $300K (revenue +28.6% year-over-year).
- 2014: Revenue of $98K, expenses of $75K, and assets of $284K (revenue +20.5% year-over-year).
- 2013: Revenue of $81K, expenses of $66K, and assets of $224K (revenue -7.4% year-over-year).
- 2012: Revenue of $87K, expenses of $67K, and assets of $225K (revenue -16.5% year-over-year).
- 2011: Revenue of $105K, expenses of $109K, and assets of $218K.
Data Sources and Methodology
This transparency report for Lighthouse Of The Carolinas 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.