Luminous Web Foundation
Luminous Web Foundation consistently spends more than it earns, relying on existing assets while reporting no officer compensation.
EIN: 206872848 · Santa Fe, NM · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $9K |
| Total Expenses | $220K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1.0M |
| Transparency Score | 70/100 |
Is Luminous Web Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Luminous Web Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Luminous Web Foundation
Luminous Web Foundation (EIN: 206872848) is a nonprofit organization based in Santa Fe, NM, classified under NTEE code T22. The organization reported total revenue of $9K and total assets of $1000K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Luminous Web Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Luminous Web Foundation is a micro nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 29.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $126K |
| Total Expenses | $220K |
| Surplus / Deficit | $-94,062 |
| Total Assets | $1.0M |
| Total Liabilities | $1 |
| Net Assets | $1.0M |
| Operating Margin | -74.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 54.7 months |
Financial Health Grade: B
In 2024, Luminous Web Foundation reported a deficit of $94K with expenses exceeding revenue, holds 54.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2012–2024), Luminous Web Foundation's revenue has grown at a compound annual growth rate (CAGR) of 29.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +706.8% | +1084.6% | -8.6% |
| 2023 | -66.1% | -39.9% | -0.3% |
| 2022 | +115.5% | +62.4% | +1.4% |
| 2021 | +92.1% | -47.1% | +0.2% |
| 2020 | +276.5% | -44.1% | -8.8% |
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 Luminous Web Foundation 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Luminous Web Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $94K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no officers or directors receive salaries from the organization, which is highly commendable for an organization of its asset size (nearly $1 million).
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 Luminous Web Foundation's IRS 990 filings:
- Consistent operational deficits (e.g., $219,772 expenses vs. $125,710 revenue in 2024)
- Highly volatile and often low revenue generation compared to expenses
- Reliance on existing assets to cover operational costs rather than consistent earned income
Strengths
The following positive indicators were identified for Luminous Web Foundation:
- Consistently reports 0% officer compensation, indicating strong commitment to mission and transparency
- Maintains very low liabilities ($1 across all filings), demonstrating strong financial solvency
- Significant asset base (nearly $1 million in 2024) provides a buffer despite operational deficits
Frequently Asked Questions about Luminous Web Foundation
Is Luminous Web Foundation a legitimate charity?
Luminous Web Foundation (EIN: 206872848) is a registered tax-exempt nonprofit based in New Mexico. Our AI analysis gives it a Mission Score of 70/100. It has 10 years of IRS 990 filings on record. Total revenue: $9K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Luminous Web Foundation spend its money?
Luminous Web Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Luminous Web Foundation tax-deductible?
Luminous Web Foundation is registered as a tax-exempt nonprofit (EIN: 206872848). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Luminous Web Foundation CEO make?
Luminous Web Foundation's highest-compensated officer earns $1 annually. The organization reported $9K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Luminous Web Foundation's spending goes to programs?
Luminous Web Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Luminous Web Foundation compare to similar nonprofits?
With a transparency score of 70/100 (Good), Luminous Web Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Luminous Web Foundation located?
Luminous Web Foundation is headquartered in Santa Fe, New Mexico and files with the IRS under EIN 206872848. It is classified under NTEE code T22.
How many years of IRS 990 filings does Luminous Web Foundation have?
Luminous Web Foundation has 10 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 $9K in total revenue.
Is Luminous Web Foundation financially sustainable?
Based on the filing history, the organization frequently operates at a deficit, with expenses often exceeding revenue (e.g., $219,772 expenses vs. $125,710 revenue in 2024). This suggests a reliance on existing assets rather than consistent operational income for long-term sustainability.
How does Luminous Web Foundation manage its assets?
The organization maintains substantial assets, currently at $1,001,303 (2024), while consistently reporting minimal liabilities ($1). This indicates strong asset management in terms of solvency, though the assets have decreased from a peak of over $1.2 million in 2015-2016.
What is the trend in Luminous Web Foundation's revenue?
Revenue generation has been highly volatile, ranging from a low of $2,947 in 2016 to a high of $991,416 in 2015. The most recent revenue of $125,710 (2024) is significantly lower than its expenses for the same period.
Does Luminous Web Foundation pay its officers?
No, all available IRS 990 filings consistently report 0% officer compensation, indicating that no officers or directors receive salaries from the organization.
Filing History
IRS 990 filing history for Luminous Web Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Luminous Web Foundation's revenue has grown by 2166.3%, moving from $6K to $126K. Total assets increased by 1011.9% over the same period, from $90K to $1.0M. Total functional expenses rose by 871.9%, from $23K to $220K. In its most recent filing year (2024), Luminous Web Foundation reported a deficit of $94K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $126K | $220K | $1.0M | $1 | — | — |
| 2023 | $16K | $19K | $1.1M | $1 | — | View 990 |
| 2022 | $46K | $31K | $1.1M | $1 | — | View 990 |
| 2021 | $21K | $19K | $1.1M | $1 | — | View 990 |
| 2020 | $11K | $36K | $1.1M | $1 | — | View 990 |
| 2016 | $3K | $64K | $1.2M | $1 | — | View 990 |
| 2015 | $991K | $48K | $1.2M | $1 | — | View 990 |
| 2014 | $15K | $27K | $303K | $1 | — | View 990 |
| 2013 | $255K | $30K | $315K | $1 | — | View 990 |
| 2012 | $6K | $23K | $90K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $126K, expenses of $220K, and assets of $1.0M (revenue +706.8% year-over-year).
- 2023: Revenue of $16K, expenses of $19K, and assets of $1.1M (revenue -66.1% year-over-year).
- 2022: Revenue of $46K, expenses of $31K, and assets of $1.1M (revenue +115.5% year-over-year).
- 2021: Revenue of $21K, expenses of $19K, and assets of $1.1M (revenue +92.1% year-over-year).
- 2020: Revenue of $11K, expenses of $36K, and assets of $1.1M (revenue +276.5% year-over-year).
- 2016: Revenue of $3K, expenses of $64K, and assets of $1.2M (revenue -99.7% year-over-year).
- 2015: Revenue of $991K, expenses of $48K, and assets of $1.2M (revenue +6496.2% year-over-year).
- 2014: Revenue of $15K, expenses of $27K, and assets of $303K (revenue -94.1% year-over-year).
- 2013: Revenue of $255K, expenses of $30K, and assets of $315K (revenue +4501.7% year-over-year).
- 2012: Revenue of $6K, expenses of $23K, and assets of $90K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Luminous Web Foundation:
Data Sources and Methodology
This transparency report for Luminous Web Foundation 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.