Lighthouse Youth Center Inc
Lighthouse Youth Center Inc shows strong financial growth and no reported officer compensation over a decade.
EIN: 203390217 · Milwaukee, WI · NTEE: O20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.0M |
| Program Spending | 90% |
| Net Assets | $2.8M |
| Transparency Score | 92/100 |
Is Lighthouse Youth Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lighthouse Youth Center Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lighthouse Youth Center Inc
Lighthouse Youth Center Inc (EIN: 203390217) is a nonprofit organization based in Milwaukee, WI, classified under NTEE code O20. The organization reported total revenue of $1.3M and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lighthouse Youth Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lighthouse Youth Center Inc is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.0M |
| Surplus / Deficit | +$252K |
| Total Assets | $2.8M |
| Total Liabilities | $73K |
| Net Assets | $2.8M |
| Operating Margin | 20.0% |
| Debt-to-Asset Ratio | 2.6% |
| Months of Reserves | 33.7 months |
Financial Health Grade: A
In 2023, Lighthouse Youth Center Inc reported a surplus of $252K with revenue exceeding expenses, holds 33.7 months of operating reserves (strong position), has a debt-to-asset ratio of 2.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Lighthouse Youth Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.1% | +18.5% | +12.1% |
| 2022 | +26.0% | -18.7% | +34.4% |
| 2021 | +19.4% | +36.9% | +0.6% |
| 2020 | -7.3% | +7.4% | +19.1% |
| 2019 | -12.3% | +16.7% | +32.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Youth Center Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Lighthouse Youth Center Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $252K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.6%.
Executive Compensation Analysis
Lighthouse Youth Center Inc has reported 0% officer compensation across all available filings, indicating that no compensation was paid to officers, directors, trustees, or key employees, which is highly unusual for an organization of its size and revenue, suggesting a volunteer-led or very lean leadership structure.
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 Youth Center Inc's IRS 990 filings:
- Unusually low or zero reported officer compensation, which might indicate underreporting or a fully volunteer-run leadership for an organization of this size, warranting further investigation into operational structure.
Strengths
The following positive indicators were identified for Lighthouse Youth Center Inc:
- Consistent revenue growth from $453,197 in 2014 to $1,257,377 in 2023.
- Significant asset growth from $258,890 in 2014 to $2,823,683 in 2023, indicating strong financial health.
- Expenses consistently lower than revenue, allowing for reserve building.
- No reported officer compensation across all filings, suggesting resources are directed towards programs.
- Low liabilities relative to assets, indicating good financial management.
Frequently Asked Questions about Lighthouse Youth Center Inc
Is Lighthouse Youth Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lighthouse Youth Center Inc (EIN: 203390217) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Lighthouse Youth Center Inc spend its money?
Lighthouse Youth Center Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lighthouse Youth Center Inc tax-deductible?
Lighthouse Youth Center Inc is registered as a tax-exempt nonprofit (EIN: 203390217). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Lighthouse Youth Center Inc's spending goes to programs?
Lighthouse Youth Center Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Lighthouse Youth Center Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Lighthouse Youth Center Inc is above average for NTEE category O20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lighthouse Youth Center Inc located?
Lighthouse Youth Center Inc is headquartered in Milwaukee, Wisconsin and files with the IRS under EIN 203390217. It is classified under NTEE code O20.
How many years of IRS 990 filings does Lighthouse Youth Center Inc have?
Lighthouse Youth Center Inc has 13 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 $1.3M in total revenue.
Is Lighthouse Youth Center Inc financially stable?
Yes, Lighthouse Youth Center Inc appears financially stable. Its assets have grown significantly from $258,890 in 2014 to $2,823,683 in 2023, and revenue consistently exceeds expenses, allowing for the accumulation of reserves.
How has Lighthouse Youth Center Inc's revenue changed over time?
Lighthouse Youth Center Inc has experienced substantial revenue growth, increasing from $453,197 in 2014 to $1,257,377 in 2023, demonstrating a strong upward trend in funding.
Does Lighthouse Youth Center Inc pay its officers?
Based on the provided IRS 990 data, Lighthouse Youth Center Inc has reported 0% officer compensation for all available filing periods, indicating no salaries or other compensation were paid to its officers.
What is the trend in the organization's assets?
The organization's assets have shown consistent and significant growth, from $258,890 in 2014 to $2,823,683 in 2023, reflecting strong financial health and capacity building.
Filing History
IRS 990 filing history for Lighthouse Youth Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lighthouse Youth Center Inc's revenue has grown by 337.9%, moving from $287K to $1.3M. Total assets increased by 2460.2% over the same period, from $110K to $2.8M. Total functional expenses rose by 282%, from $263K to $1.0M. In its most recent filing year (2023), Lighthouse Youth Center Inc reported a surplus of $252K, with revenue exceeding expenses. The organization holds $73K in liabilities against $2.8M in assets (debt-to-asset ratio: 2.6%), resulting in net assets of $2.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.0M | $2.8M | $73K | — | — |
| 2022 | $1.5M | $848K | $2.5M | $21K | — | View 990 |
| 2021 | $1.2M | $1.0M | $1.9M | $9K | — | View 990 |
| 2020 | $984K | $763K | $1.9M | $128K | — | View 990 |
| 2019 | $1.1M | $710K | $1.6M | $51K | — | View 990 |
| 2018 | $1.2M | $609K | $1.2M | $20K | — | View 990 |
| 2017 | $763K | $605K | $581K | $20K | — | View 990 |
| 2016 | $512K | $414K | $408K | $5K | — | View 990 |
| 2015 | $435K | $384K | $311K | $7K | — | View 990 |
| 2014 | $453K | $381K | $259K | $7K | — | View 990 |
| 2013 | $382K | $299K | $183K | $4K | — | View 990 |
| 2012 | $258K | $269K | $100K | $2K | — | View 990 |
| 2011 | $287K | $263K | $110K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.0M, and assets of $2.8M (revenue -15.1% year-over-year).
- 2022: Revenue of $1.5M, expenses of $848K, and assets of $2.5M (revenue +26.0% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.0M, and assets of $1.9M (revenue +19.4% year-over-year).
- 2020: Revenue of $984K, expenses of $763K, and assets of $1.9M (revenue -7.3% year-over-year).
- 2019: Revenue of $1.1M, expenses of $710K, and assets of $1.6M (revenue -12.3% year-over-year).
- 2018: Revenue of $1.2M, expenses of $609K, and assets of $1.2M (revenue +58.6% year-over-year).
- 2017: Revenue of $763K, expenses of $605K, and assets of $581K (revenue +48.9% year-over-year).
- 2016: Revenue of $512K, expenses of $414K, and assets of $408K (revenue +17.8% year-over-year).
- 2015: Revenue of $435K, expenses of $384K, and assets of $311K (revenue -4.0% year-over-year).
- 2014: Revenue of $453K, expenses of $381K, and assets of $259K (revenue +18.7% year-over-year).
- 2013: Revenue of $382K, expenses of $299K, and assets of $183K (revenue +48.0% year-over-year).
- 2012: Revenue of $258K, expenses of $269K, and assets of $100K (revenue -10.1% year-over-year).
- 2011: Revenue of $287K, expenses of $263K, and assets of $110K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lighthouse Youth Center Inc:
Data Sources and Methodology
This transparency report for Lighthouse Youth Center 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.