Lightning Boy Foundation Inc
EIN: 820714271 · Santa Fe, NM · NTEE: O50
| Metric | Value |
|---|---|
| Total Revenue | $493K |
| Total Expenses | $408K |
| Net Assets | $488K |
Is Lightning Boy Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lightning Boy Foundation Inc
Lightning Boy Foundation Inc (EIN: 820714271) is a nonprofit organization based in Santa Fe, NM, classified under NTEE code O50. The organization reported total revenue of $493K and total assets of $592K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lightning Boy Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lightning Boy Foundation Inc is a small nonprofit that has been operating for 5 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 117.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $646K |
| Total Expenses | $408K |
| Surplus / Deficit | +$238K |
| Total Assets | $488K |
| Net Assets | $488K |
| Operating Margin | 36.8% |
| Months of Reserves | 14.3 months |
Financial Health Grade: A
In 2023, Lightning Boy Foundation Inc reported a surplus of $238K with revenue exceeding expenses, holds 14.3 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2020–2023), Lightning Boy Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 117.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +110.9% | +112.5% | +95.4% |
| 2022 | +126.4% | +261.7% | +84.8% |
| 2021 | +115.4% | -32.3% | — |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lightning Boy Foundation 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 Lightning Boy Foundation 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $238K, with revenue exceeding expenses.
Frequently Asked Questions about Lightning Boy Foundation Inc
Is Lightning Boy Foundation Inc a legitimate charity?
Lightning Boy Foundation Inc (EIN: 820714271) is a registered tax-exempt nonprofit based in New Mexico. It has 4 years of IRS 990 filings on record. Total revenue: $493K. No red flags identified. Financial health grade: A.
How does Lightning Boy Foundation Inc spend its money?
Lightning Boy Foundation Inc reported $493K in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lightning Boy Foundation Inc tax-deductible?
Lightning Boy Foundation Inc is registered as a tax-exempt nonprofit (EIN: 820714271). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lightning Boy Foundation Inc located?
Lightning Boy Foundation Inc is headquartered in Santa Fe, New Mexico and files with the IRS under EIN 820714271. It is classified under NTEE code O50.
How many years of IRS 990 filings does Lightning Boy Foundation Inc have?
Lightning Boy Foundation Inc has 4 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 $493K in total revenue.
Filing History
IRS 990 filing history for Lightning Boy Foundation Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Lightning Boy Foundation Inc's revenue has grown by 928.2%, moving from $63K to $646K. Total functional expenses rose by 420%, from $79K to $408K. In its most recent filing year (2023), Lightning Boy Foundation Inc reported a surplus of $238K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $646K | $408K | $488K | $0 | — | — |
| 2022 | $306K | $192K | $250K | $0 | — | View 990 |
| 2021 | $135K | $53K | $135K | $0 | — | View 990 |
| 2020 | $63K | $79K | $0 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $646K, expenses of $408K, and assets of $488K (revenue +110.9% year-over-year).
- 2022: Revenue of $306K, expenses of $192K, and assets of $250K (revenue +126.4% year-over-year).
- 2021: Revenue of $135K, expenses of $53K, and assets of $135K (revenue +115.4% year-over-year).
- 2020: Revenue of $63K, expenses of $79K, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lightning Boy Foundation Inc:
Data Sources and Methodology
This transparency report for Lightning Boy Foundation 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.