North Point Lighthouse Friends Inc
EIN: 752996104 · Milwaukee, WI · NTEE: A50
| Metric | Value |
|---|---|
| Total Revenue | $122K |
| Total Expenses | $76K |
| Net Assets | $144K |
Is North Point Lighthouse Friends Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About North Point Lighthouse Friends Inc
North Point Lighthouse Friends Inc (EIN: 752996104) is a nonprofit organization based in Milwaukee, WI, classified under NTEE code A50. The organization reported total revenue of $122K and total assets of $191K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North Point Lighthouse Friends Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
North Point Lighthouse Friends Inc is a small nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $112K |
| Total Expenses | $76K |
| Surplus / Deficit | +$36K |
| Total Assets | $144K |
| Net Assets | $144K |
| Operating Margin | 32.2% |
| Months of Reserves | 22.8 months |
Financial Health Grade: A
In 2023, North Point Lighthouse Friends Inc reported a surplus of $36K with revenue exceeding expenses, holds 22.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), North Point Lighthouse Friends Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -35.1% | -36.1% | +33.4% |
| 2022 | +13.0% | -14.4% | +98.9% |
| 2021 | +241.8% | +131.0% | +34.2% |
| 2020 | -62.4% | -51.8% | -27.6% |
| 2019 | -15.2% | +16.0% | -12.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for North Point Lighthouse Friends 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 North Point Lighthouse Friends 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 $36K, with revenue exceeding expenses.
Frequently Asked Questions about North Point Lighthouse Friends Inc
Is North Point Lighthouse Friends Inc a legitimate charity?
North Point Lighthouse Friends Inc (EIN: 752996104) is a registered tax-exempt nonprofit based in Wisconsin. It has 13 years of IRS 990 filings on record. Total revenue: $122K. No red flags identified. Financial health grade: A.
How does North Point Lighthouse Friends Inc spend its money?
North Point Lighthouse Friends Inc reported $122K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to North Point Lighthouse Friends Inc tax-deductible?
North Point Lighthouse Friends Inc is registered as a tax-exempt nonprofit (EIN: 752996104). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is North Point Lighthouse Friends Inc located?
North Point Lighthouse Friends Inc is headquartered in Milwaukee, Wisconsin and files with the IRS under EIN 752996104. It is classified under NTEE code A50.
How many years of IRS 990 filings does North Point Lighthouse Friends Inc have?
North Point Lighthouse Friends 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 $122K in total revenue.
Filing History
IRS 990 filing history for North Point Lighthouse Friends Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), North Point Lighthouse Friends Inc's revenue has grown by 80.3%, moving from $62K to $112K. Total assets increased by 536.3% over the same period, from $23K to $144K. Total functional expenses fell by 13.9%, from $88K to $76K. In its most recent filing year (2023), North Point Lighthouse Friends Inc reported a surplus of $36K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $112K | $76K | $144K | $0 | — | — |
| 2022 | $173K | $119K | $108K | $0 | — | View 990 |
| 2021 | $153K | $139K | $54K | $0 | — | — |
| 2020 | $45K | $60K | $40K | $0 | — | View 990 |
| 2019 | $119K | $125K | $56K | $0 | — | View 990 |
| 2018 | $140K | $108K | $64K | $9K | — | View 990 |
| 2017 | $94K | $97K | $28K | $6K | — | — |
| 2016 | $164K | $238K | $51K | $2K | — | View 990 |
| 2015 | $185K | $116K | $123K | $1K | — | View 990 |
| 2014 | $116K | $88K | $61K | $7K | — | View 990 |
| 2013 | $112K | $109K | $30K | $4K | — | View 990 |
| 2012 | $78K | $77K | $26K | $3K | — | View 990 |
| 2011 | $62K | $88K | $23K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $112K, expenses of $76K, and assets of $144K (revenue -35.1% year-over-year).
- 2022: Revenue of $173K, expenses of $119K, and assets of $108K (revenue +13.0% year-over-year).
- 2021: Revenue of $153K, expenses of $139K, and assets of $54K (revenue +241.8% year-over-year).
- 2020: Revenue of $45K, expenses of $60K, and assets of $40K (revenue -62.4% year-over-year).
- 2019: Revenue of $119K, expenses of $125K, and assets of $56K (revenue -15.2% year-over-year).
- 2018: Revenue of $140K, expenses of $108K, and assets of $64K (revenue +50.1% year-over-year).
- 2017: Revenue of $94K, expenses of $97K, and assets of $28K (revenue -42.9% year-over-year).
- 2016: Revenue of $164K, expenses of $238K, and assets of $51K (revenue -11.4% year-over-year).
- 2015: Revenue of $185K, expenses of $116K, and assets of $123K (revenue +59.4% year-over-year).
- 2014: Revenue of $116K, expenses of $88K, and assets of $61K (revenue +3.4% year-over-year).
- 2013: Revenue of $112K, expenses of $109K, and assets of $30K (revenue +44.5% year-over-year).
- 2012: Revenue of $78K, expenses of $77K, and assets of $26K (revenue +24.8% year-over-year).
- 2011: Revenue of $62K, expenses of $88K, and assets of $23K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for North Point Lighthouse Friends Inc:
Data Sources and Methodology
This transparency report for North Point Lighthouse Friends 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.