Lower Lights School Of Wisdom
EIN: 822651124 · Salt Lake Cty, UT · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $387K |
| Total Expenses | $267K |
| Net Assets | $177K |
Is Lower Lights School Of Wisdom Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lower Lights School Of Wisdom
Lower Lights School Of Wisdom (EIN: 822651124) is a nonprofit organization based in Salt Lake Cty, UT, classified under NTEE code X20. The organization reported total revenue of $387K and total assets of $331K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lower Lights School Of Wisdom's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lower Lights School Of Wisdom is a small nonprofit that has been operating for 8 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 7.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $180K |
| Total Expenses | $267K |
| Surplus / Deficit | $-87,225 |
| Total Assets | $288K |
| Total Liabilities | $112K |
| Net Assets | $177K |
| Operating Margin | -48.5% |
| Debt-to-Asset Ratio | 38.8% |
| Months of Reserves | 12.9 months |
Financial Health Grade: B
In 2023, Lower Lights School Of Wisdom reported a deficit of $87K with expenses exceeding revenue, holds 12.9 months of operating reserves (strong position), has a debt-to-asset ratio of 38.8% (moderate leverage).
Financial Trends
Over 6 years of filings (2018–2023), Lower Lights School Of Wisdom's revenue has grown at a compound annual growth rate (CAGR) of 7.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -43.5% | -3.9% | -3.1% |
| 2022 | -18.3% | +18.2% | -4.6% |
| 2021 | +190.1% | +39.3% | +125.5% |
| 2020 | -55.6% | -26.6% | +29.4% |
| 2019 | +145.8% | +123.4% | +216.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lower Lights School Of Wisdom 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 Lower Lights School Of Wisdom 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 deficit of $87K, with expenses exceeding revenue.
- Debt-to-asset ratio: 38.8%.
Frequently Asked Questions about Lower Lights School Of Wisdom
Is Lower Lights School Of Wisdom a legitimate charity?
Based on AI analysis of IRS 990 filings, Lower Lights School Of Wisdom (EIN: 822651124) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lower Lights School Of Wisdom spend its money?
Detailed spending breakdown data is not yet available for Lower Lights School Of Wisdom. Check back for updated IRS 990 analysis.
Are donations to Lower Lights School Of Wisdom tax-deductible?
Lower Lights School Of Wisdom is registered as a tax-exempt nonprofit (EIN: 822651124). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lower Lights School Of Wisdom located?
Lower Lights School Of Wisdom is headquartered in Salt Lake Cty, Utah and files with the IRS under EIN 822651124. It is classified under NTEE code X20.
How many years of IRS 990 filings does Lower Lights School Of Wisdom have?
Lower Lights School Of Wisdom has 6 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 $387K in total revenue.
Filing History
IRS 990 filing history for Lower Lights School Of Wisdom showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Lower Lights School Of Wisdom's revenue has grown by 46.3%, moving from $123K to $180K. Total assets increased by 754.6% over the same period, from $34K to $288K. Total functional expenses rose by 159.5%, from $103K to $267K. In its most recent filing year (2023), Lower Lights School Of Wisdom reported a deficit of $87K, with expenses exceeding revenue. The organization holds $112K in liabilities against $288K in assets (debt-to-asset ratio: 38.8%), resulting in net assets of $177K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $180K | $267K | $288K | $112K | — | — |
| 2022 | $318K | $278K | $297K | $34K | — | — |
| 2021 | $390K | $235K | $312K | $88K | — | View 990 |
| 2020 | $134K | $169K | $138K | $69K | — | — |
| 2019 | $302K | $230K | $107K | $3K | — | View 990 |
| 2018 | $123K | $103K | $34K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $180K, expenses of $267K, and assets of $288K (revenue -43.5% year-over-year).
- 2022: Revenue of $318K, expenses of $278K, and assets of $297K (revenue -18.3% year-over-year).
- 2021: Revenue of $390K, expenses of $235K, and assets of $312K (revenue +190.1% year-over-year).
- 2020: Revenue of $134K, expenses of $169K, and assets of $138K (revenue -55.6% year-over-year).
- 2019: Revenue of $302K, expenses of $230K, and assets of $107K (revenue +145.8% year-over-year).
- 2018: Revenue of $123K, expenses of $103K, and assets of $34K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lower Lights School Of Wisdom:
Data Sources and Methodology
This transparency report for Lower Lights School Of Wisdom 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.