Lighthouse Therapeutic Foster Care Inc

Lighthouse Therapeutic Foster Care Inc consistently operates with no reported officer compensation, frequently incurring operational deficits.

EIN: 201209672 · Ringgold, GA · NTEE: P32 · Updated: 2026-03-28

$1.9MRevenue

$377KAssets

80/100Mission Score (Excellent)

P32

About Lighthouse Therapeutic Foster Care Inc

Lighthouse Therapeutic Foster Care Inc (EIN: 201209672) is a nonprofit organization based in Ringgold, GA, classified under NTEE code P32. The organization reported total revenue of $1.9M and total assets of $377K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lighthouse Therapeutic Foster Care Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Lighthouse Therapeutic Foster Care Inc demonstrates a consistent operational history, with revenues fluctuating but generally maintaining a significant scale for a local nonprofit. The organization's latest reported revenue is $1,907,970, with assets of $376,963. A notable aspect of their financial management is the absence of reported officer compensation across all available filings, which suggests a commitment to directing funds towards programmatic activities rather than executive salaries. However, the organization has frequently operated at a deficit, with expenses exceeding revenue in several periods, such as 202206 ($926,886 expenses vs. $820,781 revenue) and 202106 ($1,318,471 expenses vs. $1,200,668 revenue). This trend, while not always severe, indicates a need for careful financial planning to ensure long-term sustainability. The growth in assets from $217,407 in 202306 to $376,963 currently, alongside a decrease in liabilities from $91,241 to an unspecified current amount (though the latest reported was $91,241), suggests some improvement in their balance sheet health. The lack of detailed expense breakdowns in the provided data makes a precise assessment of spending efficiency challenging, but the zero officer compensation is a strong indicator of fiscal responsibility at the top.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Lighthouse Therapeutic Foster Care Inc with a Mission Score of 80 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 Therapeutic Foster Care Inc 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.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly unusual for an organization of its size, with revenues often exceeding $1 million, and suggests a strong dedication to mission over executive pay.

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 Therapeutic Foster Care Inc's IRS 990 filings:

Frequent operational deficits (e.g., 202206, 202106, 202006, 201906, 201806)
Significant revenue fluctuations year-over-year without clear growth trend
Lack of detailed expense breakdown beyond officer compensation in provided data

Strengths

The following positive indicators were identified for Lighthouse Therapeutic Foster Care Inc:

Zero reported officer compensation across all filings, indicating strong fiscal responsibility at the top
Consistent operation over many years, demonstrating resilience
Growth in assets from $217,407 in 202306 to $376,963 currently, improving balance sheet health
Focus on mission with resources seemingly directed away from executive salaries

Frequently Asked Questions about Lighthouse Therapeutic Foster Care Inc

How does Lighthouse Therapeutic Foster Care Inc sustain operations given frequent deficits?

The organization has frequently reported expenses exceeding revenue, such as in 202206 where expenses were $926,886 against $820,781 in revenue. This suggests they may rely on prior year surpluses, grants, or other non-operating income not detailed in the provided summary to cover shortfalls.

What is the long-term strategy for financial stability given the revenue fluctuations?

Revenue has fluctuated significantly, from a low of $809,567 in 201606 to a high of $1,845,172 in 201806, and currently at $1,907,970. A clear strategy for managing these fluctuations and ensuring consistent funding would be beneficial for long-term stability.

What are the specific categories of program spending?

The provided data does not detail the specific categories of program spending. Further analysis of their full IRS 990 forms would be needed to understand how their program funds are allocated within therapeutic foster care services.

Filing History

IRS 990 filing history for Lighthouse Therapeutic Foster Care Inc showing financial trends over 7 years of public records:

Over 7 years of IRS 990 filings (2016–2023), Lighthouse Therapeutic Foster Care Inc's revenue has grown by 53.2%, moving from $810K to $1.2M. Total assets decreased by 27.9% over the same period, from $302K to $217K. Total functional expenses rose by 78.4%, from $682K to $1.2M. In its most recent filing year (2023), Lighthouse Therapeutic Foster Care Inc reported a surplus of $24K, with revenue exceeding expenses. The organization holds $91K in liabilities against $217K in assets (debt-to-asset ratio: 42.0%), resulting in net assets of $126K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$1.2M	$1.2M	$217K	$91K	—	View 990
2022	$821K	$927K	$184K	$82K	—	View 990
2021	$1.2M	$1.3M	$320K	$338K	—	View 990
2020	$1.3M	$1.4M	$332K	$232K	—	View 990
2019	$1.5M	$1.5M	$322K	$210K	—	View 990
2018	$1.8M	$1.9M	$301K	$146K	—	View 990
2016	$810K	$682K	$302K	$174K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $1.2M, expenses of $1.2M, and assets of $217K (revenue +51.1% year-over-year).
2022: Revenue of $821K, expenses of $927K, and assets of $184K (revenue -31.6% year-over-year).
2021: Revenue of $1.2M, expenses of $1.3M, and assets of $320K (revenue -10.9% year-over-year).
2020: Revenue of $1.3M, expenses of $1.4M, and assets of $332K (revenue -10.5% year-over-year).
2019: Revenue of $1.5M, expenses of $1.5M, and assets of $322K (revenue -18.4% year-over-year).
2018: Revenue of $1.8M, expenses of $1.9M, and assets of $301K (revenue +127.9% year-over-year).
2016: Revenue of $810K, expenses of $682K, and assets of $302K.

Data Sources and Methodology

This transparency report for Lighthouse Therapeutic Foster Care 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.