Little Lighthouse Central Mississippi Inc
Little Lighthouse Central Mississippi Inc shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 202805872 · Jackson, MS · NTEE: B28 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.7M |
| Total Expenses | $803K |
| Program Spending | 85% |
| Net Assets | $970K |
| Transparency Score | 88/100 |
Is Little Lighthouse Central Mississippi Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Little Lighthouse Central Mississippi Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Little Lighthouse Central Mississippi Inc
Little Lighthouse Central Mississippi Inc (EIN: 202805872) is a nonprofit organization based in Jackson, MS, classified under NTEE code B28. The organization reported total revenue of $2.7M and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Little Lighthouse Central Mississippi Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Little Lighthouse Central Mississippi Inc is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $803K |
| Surplus / Deficit | +$405K |
| Total Assets | $980K |
| Total Liabilities | $10K |
| Net Assets | $970K |
| Operating Margin | 33.5% |
| Debt-to-Asset Ratio | 1.1% |
| Months of Reserves | 14.6 months |
Financial Health Grade: A
In 2023, Little Lighthouse Central Mississippi Inc reported a surplus of $405K with revenue exceeding expenses, holds 14.6 months of operating reserves (strong position), has a debt-to-asset ratio of 1.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Little Lighthouse Central Mississippi Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +56.8% | +20.4% | +69.9% |
| 2022 | -9.2% | +3.9% | +21.0% |
| 2021 | +65.4% | +17.8% | +36.5% |
| 2020 | -0.1% | +4.6% | +15.5% |
| 2019 | -27.6% | +9.7% | +0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Little Lighthouse Central Mississippi Inc with a Mission Score of 88 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, Little Lighthouse Central Mississippi 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $405K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size and growth. This suggests that executive leadership may be volunteer-based or compensated through non-officer categories, which could be a strength in terms of direct program allocation but also warrants further investigation for complete transparency.
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 Little Lighthouse Central Mississippi Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data limits full efficiency assessment.
- Consistent 0% officer compensation is unusual for an organization of this size and could indicate a need for further inquiry into leadership compensation structure.
Strengths
The following positive indicators were identified for Little Lighthouse Central Mississippi Inc:
- Consistent and significant revenue growth, from $330,515 in 2014 to $1,208,049 in 2023.
- Healthy asset accumulation, growing from $94,123 in 2014 to $980,025 in 2023, indicating strong financial stability.
- Expenses consistently below revenue in recent years (e.g., 2023 revenue $1,208,049 vs. expenses $803,322), demonstrating sound financial management.
- No reported officer compensation across all filings, potentially indicating a high proportion of resources directed to programs.
Frequently Asked Questions about Little Lighthouse Central Mississippi Inc
Is Little Lighthouse Central Mississippi Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Little Lighthouse Central Mississippi Inc (EIN: 202805872) some concerns. Mission Score: 88/100. 2 red flags identified, 4 strengths noted.
How does Little Lighthouse Central Mississippi Inc spend its money?
Little Lighthouse Central Mississippi Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Little Lighthouse Central Mississippi Inc tax-deductible?
Little Lighthouse Central Mississippi Inc is registered as a tax-exempt nonprofit (EIN: 202805872). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Little Lighthouse Central Mississippi Inc's spending goes to programs?
Little Lighthouse Central Mississippi Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Little Lighthouse Central Mississippi Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Little Lighthouse Central Mississippi Inc is above average for NTEE category B28 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Little Lighthouse Central Mississippi Inc located?
Little Lighthouse Central Mississippi Inc is headquartered in Jackson, Mississippi and files with the IRS under EIN 202805872. It is classified under NTEE code B28.
How many years of IRS 990 filings does Little Lighthouse Central Mississippi Inc have?
Little Lighthouse Central Mississippi 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 $2.7M in total revenue.
Is Little Lighthouse Central Mississippi Inc a good charity?
Based on its consistent revenue growth, healthy asset accumulation (from $94,123 in 2014 to $980,025 in 2023), and the reported 0% officer compensation, the organization appears to be financially well-managed and focused on its mission. However, a detailed breakdown of program vs. administrative expenses would provide a more complete picture of its efficiency.
How has the organization's financial health changed over time?
Little Lighthouse Central Mississippi Inc has shown significant financial improvement and growth. Revenue has steadily increased from $330,515 in 2014 to $1,208,049 in 2023, and assets have grown substantially from $94,123 to $980,025 over the same period, indicating strong financial health and sustainability.
What is the significance of 0% officer compensation?
The consistent reporting of 0% officer compensation is a notable characteristic. It suggests that the organization's leadership may be entirely volunteer, or that compensation is structured in a way that is not reported under 'officer compensation' on the 990. While this can indicate a high dedication of resources to programs, it also raises questions about the sustainability of leadership and the full cost of operations.
Filing History
IRS 990 filing history for Little Lighthouse Central Mississippi Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Little Lighthouse Central Mississippi Inc's revenue has grown by 240%, moving from $355K to $1.2M. Total assets increased by 1760.6% over the same period, from $53K to $980K. Total functional expenses rose by 142.5%, from $331K to $803K. In its most recent filing year (2023), Little Lighthouse Central Mississippi Inc reported a surplus of $405K, with revenue exceeding expenses. The organization holds $10K in liabilities against $980K in assets (debt-to-asset ratio: 1.1%), resulting in net assets of $970K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $803K | $980K | $10K | — | — |
| 2022 | $770K | $667K | $577K | $11K | — | View 990 |
| 2021 | $849K | $642K | $477K | $18K | — | — |
| 2020 | $513K | $545K | $349K | $102K | — | View 990 |
| 2019 | $514K | $521K | $302K | $14K | — | View 990 |
| 2018 | $710K | $475K | $301K | $8K | — | View 990 |
| 2017 | $465K | $502K | $60K | $1K | — | View 990 |
| 2016 | $432K | $436K | $99K | $3K | — | View 990 |
| 2015 | $446K | $434K | $100K | $1K | — | View 990 |
| 2014 | $331K | $390K | $94K | $7K | — | View 990 |
| 2013 | $424K | $349K | $152K | $6K | — | View 990 |
| 2012 | $373K | $349K | $78K | $7K | — | View 990 |
| 2011 | $355K | $331K | $53K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $803K, and assets of $980K (revenue +56.8% year-over-year).
- 2022: Revenue of $770K, expenses of $667K, and assets of $577K (revenue -9.2% year-over-year).
- 2021: Revenue of $849K, expenses of $642K, and assets of $477K (revenue +65.4% year-over-year).
- 2020: Revenue of $513K, expenses of $545K, and assets of $349K (revenue -0.1% year-over-year).
- 2019: Revenue of $514K, expenses of $521K, and assets of $302K (revenue -27.6% year-over-year).
- 2018: Revenue of $710K, expenses of $475K, and assets of $301K (revenue +52.7% year-over-year).
- 2017: Revenue of $465K, expenses of $502K, and assets of $60K (revenue +7.5% year-over-year).
- 2016: Revenue of $432K, expenses of $436K, and assets of $99K (revenue -3.0% year-over-year).
- 2015: Revenue of $446K, expenses of $434K, and assets of $100K (revenue +35.0% year-over-year).
- 2014: Revenue of $331K, expenses of $390K, and assets of $94K (revenue -22.1% year-over-year).
- 2013: Revenue of $424K, expenses of $349K, and assets of $152K (revenue +13.9% year-over-year).
- 2012: Revenue of $373K, expenses of $349K, and assets of $78K (revenue +4.9% year-over-year).
- 2011: Revenue of $355K, expenses of $331K, and assets of $53K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Little Lighthouse Central Mississippi Inc:
Data Sources and Methodology
This transparency report for Little Lighthouse Central Mississippi 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.