Northlight Foundation Inc
EIN: 450612382 · New York, NY · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $34.8M |
| Total Expenses | $8.1M |
| Net Assets | $82.9M |
Is Northlight Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Northlight Foundation Inc
Northlight Foundation Inc (EIN: 450612382) is a nonprofit organization based in New York, NY, classified under NTEE code T22. The organization reported total revenue of $34.8M and total assets of $82.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northlight Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Northlight Foundation Inc is a large nonprofit that has been operating for 15 years, with 10 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -120.8% | -23.9% | -6.6% |
| 2022 | -83.7% | -4.3% | -9.2% |
| 2021 | +35.0% | +37.3% | -2.8% |
| 2020 | -83.6% | -2.0% | -5.7% |
| 2019 | +67948.7% | +168425.5% | +3198.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Northlight Foundation 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 Northlight Foundation 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:
- Debt-to-asset ratio: 1.7%.
Frequently Asked Questions about Northlight Foundation Inc
Is Northlight Foundation Inc a legitimate charity?
Northlight Foundation Inc (EIN: 450612382) is a registered tax-exempt nonprofit based in New York. It has 10 years of IRS 990 filings on record. Total revenue: $34.8M. No red flags identified. Financial health grade: B.
How does Northlight Foundation Inc spend its money?
Northlight Foundation Inc reported $34.8M in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Northlight Foundation Inc tax-deductible?
Northlight Foundation Inc is registered as a tax-exempt nonprofit (EIN: 450612382). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Northlight Foundation Inc located?
Northlight Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 450612382. It is classified under NTEE code T22.
How many years of IRS 990 filings does Northlight Foundation Inc have?
Northlight Foundation Inc 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 $34.8M in total revenue.
Filing History
IRS 990 filing history for Northlight Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Northlight Foundation Inc's revenue has declined by 124%, moving from $1.4M to $-337,730. Total assets increased by 33480.9% over the same period, from $251K to $84.3M. Total functional expenses rose by 601.3%, from $1.2M to $8.1M. The organization holds $1.4M in liabilities against $84.3M in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $82.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-337,730 | $8.1M | $84.3M | $1.4M | — | — |
| 2022 | $1.6M | $10.6M | $90.3M | $67K | — | View 990 |
| 2021 | $10.0M | $11.1M | $99.5M | $1 | — | View 990 |
| 2020 | $7.4M | $8.1M | $102.4M | $63K | — | — |
| 2019 | $45.0M | $8.3M | $108.6M | $367 | — | View 990 |
| 2015 | $66K | $5K | $3.3M | $1 | — | View 990 |
| 2014 | $4.8M | $322K | $3.3M | $1 | — | View 990 |
| 2013 | $4.7M | $2.9M | $326K | $1 | — | View 990 |
| 2012 | $3.1M | $2.1M | $195K | $1 | — | View 990 |
| 2011 | $1.4M | $1.2M | $251K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-337,730, expenses of $8.1M, and assets of $84.3M (revenue -120.8% year-over-year).
- 2022: Revenue of $1.6M, expenses of $10.6M, and assets of $90.3M (revenue -83.7% year-over-year).
- 2021: Revenue of $10.0M, expenses of $11.1M, and assets of $99.5M (revenue +35.0% year-over-year).
- 2020: Revenue of $7.4M, expenses of $8.1M, and assets of $102.4M (revenue -83.6% year-over-year).
- 2019: Revenue of $45.0M, expenses of $8.3M, and assets of $108.6M (revenue +67948.7% year-over-year).
- 2015: Revenue of $66K, expenses of $5K, and assets of $3.3M (revenue -98.6% year-over-year).
- 2014: Revenue of $4.8M, expenses of $322K, and assets of $3.3M (revenue +2.2% year-over-year).
- 2013: Revenue of $4.7M, expenses of $2.9M, and assets of $326K (revenue +49.7% year-over-year).
- 2012: Revenue of $3.1M, expenses of $2.1M, and assets of $195K (revenue +123.0% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.2M, and assets of $251K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Northlight Foundation Inc:
Data Sources and Methodology
This transparency report for Northlight Foundation 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.