Lite House Partners Inc

Lite House Partners Inc. faces significant revenue decline despite consistent zero officer compensation.

EIN: 201396670 · Riverdale, GA · NTEE: B99 · Updated: 2026-03-28

$154KRevenue

$70KAssets

70/100Mission Score (Good)

B99

About Lite House Partners Inc

Lite House Partners Inc (EIN: 201396670) is a nonprofit organization based in Riverdale, GA, classified under NTEE code B99. The organization reported total revenue of $154K and total assets of $70K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lite House Partners Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Lite House Partners Inc. demonstrates a concerning trend of declining revenue over the past several years, from a peak of $859,307 in 2016 to $185,332 in 2023. While the organization has consistently reported zero liabilities in recent years (2020-2023), indicating good financial management in that area, the significant drop in income raises questions about its long-term sustainability and ability to fund its programs effectively. The organization's assets have fluctuated, currently standing at $71,433 in 2023, which is relatively modest compared to its historical revenue levels.

The spending efficiency appears to be reasonable, with expenses generally tracking revenue, though there was a notable deficit in 2021 where expenses ($315,405) significantly exceeded revenue ($256,500). A key strength is the consistent reporting of 0% officer compensation across all available filings, which suggests a strong commitment to directing funds towards the mission rather than executive salaries. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging.

In terms of transparency, the organization has a consistent filing history with the IRS, which is a positive indicator. The absence of officer compensation is a transparent and commendable practice. However, the lack of detailed expense categorization in the provided data limits a deeper analysis of how funds are allocated across different functions. Further transparency regarding program outcomes and specific expense categories would enhance public trust and understanding of its operations.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Lite House Partners Inc with a Mission Score of 70 out of 100 (Good). 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, Lite House Partners 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

Lite House Partners Inc. consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly commendable for an organization of its size.

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 Lite House Partners Inc's IRS 990 filings:

Significant and sustained decline in annual revenue from $859,307 in 2016 to $185,332 in 2023.
Expenses exceeded revenue in 2021 ($315,405 expenses vs. $256,500 revenue), indicating a deficit.

Strengths

The following positive indicators were identified for Lite House Partners Inc:

Consistent reporting of 0% officer compensation across all available filings.
Maintained zero liabilities in recent years (2020-2023), indicating good debt management.
Consistent IRS filing history demonstrates transparency and compliance.

Frequently Asked Questions about Lite House Partners Inc

Is Lite House Partners Inc. a good charity?

Lite House Partners Inc. exhibits strengths in its consistent IRS filings and zero officer compensation, suggesting a commitment to its mission. However, the significant and sustained decline in revenue from $859,307 in 2016 to $185,332 in 2023 raises concerns about its long-term financial stability and capacity to deliver programs.

What caused the significant decline in revenue?

The provided data does not specify the exact causes for the revenue decline from a peak of $859,307 in 2016 to $185,332 in 2023. This trend warrants further investigation into funding sources, donor retention, and fundraising strategies.

How does Lite House Partners Inc. manage its expenses?

Lite House Partners Inc. generally manages its expenses to be in line with its revenue, though there was a notable deficit in 2021 where expenses ($315,405) exceeded revenue ($256,500). The organization has also maintained zero liabilities in recent years (2020-2023), indicating good short-term financial management.

What is the organization's financial outlook?

The financial outlook for Lite House Partners Inc. appears challenging given the consistent decline in revenue over several years. While current assets ($71,433 in 2023) and zero liabilities are positive, the shrinking income base could impact its ability to sustain operations and programs in the future without a reversal of this trend.

Filing History

IRS 990 filing history for Lite House Partners Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Lite House Partners Inc's revenue has declined by 71.7%, moving from $655K to $185K. Total assets decreased by 38% over the same period, from $115K to $71K. Total functional expenses fell by 73.5%, from $636K to $168K. In its most recent filing year (2023), Lite House Partners Inc reported a surplus of $17K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$185K	$168K	$71K	$0	—	—
2022	$206K	$192K	$54K	$0	—	View 990
2021	$257K	$315K	$40K	$0	—	View 990
2020	$255K	$214K	$99K	$0	—	—
2019	$572K	$643K	$58K	$0	—	View 990
2018	$627K	$607K	$130K	$0	—	View 990
2017	$726K	$706K	$144K	$33K	—	—
2016	$859K	$773K	$152K	$62K	—	View 990
2015	$812K	$870K	$132K	$128K	—	View 990
2014	$726K	$720K	$122K	$61K	—	View 990
2013	$665K	$649K	$113K	$58K	—	View 990
2012	$599K	$630K	$86K	$47K	—	View 990
2011	$655K	$636K	$115K	$45K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $185K, expenses of $168K, and assets of $71K (revenue -10.2% year-over-year).
2022: Revenue of $206K, expenses of $192K, and assets of $54K (revenue -19.6% year-over-year).
2021: Revenue of $257K, expenses of $315K, and assets of $40K (revenue +0.7% year-over-year).
2020: Revenue of $255K, expenses of $214K, and assets of $99K (revenue -55.5% year-over-year).
2019: Revenue of $572K, expenses of $643K, and assets of $58K (revenue -8.8% year-over-year).
2018: Revenue of $627K, expenses of $607K, and assets of $130K (revenue -13.8% year-over-year).
2017: Revenue of $726K, expenses of $706K, and assets of $144K (revenue -15.5% year-over-year).
2016: Revenue of $859K, expenses of $773K, and assets of $152K (revenue +5.8% year-over-year).
2015: Revenue of $812K, expenses of $870K, and assets of $132K (revenue +11.8% year-over-year).
2014: Revenue of $726K, expenses of $720K, and assets of $122K (revenue +9.2% year-over-year).
2013: Revenue of $665K, expenses of $649K, and assets of $113K (revenue +11.1% year-over-year).
2012: Revenue of $599K, expenses of $630K, and assets of $86K (revenue -8.5% year-over-year).
2011: Revenue of $655K, expenses of $636K, and assets of $115K.

Data Sources and Methodology

This transparency report for Lite House Partners 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.