Oracle Lighting Foundation
EIN: 826847321 · Metairie, LA · NTEE: T23
| Metric | Value |
|---|---|
| Total Revenue | $500 |
| Total Expenses | $577 |
| Net Assets | $316 |
Is Oracle Lighting Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Oracle Lighting Foundation
Oracle Lighting Foundation (EIN: 826847321) is a nonprofit organization based in Metairie, LA, classified under NTEE code T23. The organization reported total revenue of $500 and total assets of $255 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oracle Lighting Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Oracle Lighting Foundation is a micro nonprofit that has been operating for 8 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 375.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $510 |
| Total Expenses | $577 |
| Surplus / Deficit | $-67 |
| Total Assets | $317 |
| Total Liabilities | $1 |
| Net Assets | $316 |
| Operating Margin | -13.1% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 6.6 months |
Financial Health Grade: B
In 2023, Oracle Lighting Foundation reported a deficit of $67 with expenses exceeding revenue, holds 6.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Oracle Lighting Foundation's revenue has grown at a compound annual growth rate (CAGR) of 375.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +50900.0% | +5.5% | -17.4% |
| 2022 | +0.0% | -97.2% | -58.8% |
| 2021 | -100.0% | — | -95.4% |
| 2020 | +1999900.0% | — | +8000.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Oracle Lighting Foundation 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 Oracle Lighting Foundation 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 $67, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.3%.
Frequently Asked Questions about Oracle Lighting Foundation
Is Oracle Lighting Foundation a legitimate charity?
Oracle Lighting Foundation (EIN: 826847321) is a registered tax-exempt nonprofit based in Louisiana. It has 5 years of IRS 990 filings on record. Total revenue: $500. No red flags identified. Financial health grade: B.
How does Oracle Lighting Foundation spend its money?
Oracle Lighting Foundation reported $500 in total revenue in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Oracle Lighting Foundation tax-deductible?
Oracle Lighting Foundation is registered as a tax-exempt nonprofit (EIN: 826847321). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Oracle Lighting Foundation located?
Oracle Lighting Foundation is headquartered in Metairie, Louisiana and files with the IRS under EIN 826847321. It is classified under NTEE code T23.
How many years of IRS 990 filings does Oracle Lighting Foundation have?
Oracle Lighting Foundation has 5 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 $500 in total revenue.
Filing History
IRS 990 filing history for Oracle Lighting Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Oracle Lighting Foundation's revenue has grown by 50900%, moving from $1 to $510. Total assets increased by 26.8% over the same period, from $250 to $317. In its most recent filing year (2023), Oracle Lighting Foundation reported a deficit of $67, with expenses exceeding revenue. The organization holds $1 in liabilities against $317 in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $316.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $510 | $577 | $317 | $1 | — | — |
| 2022 | $1 | $547 | $384 | $1 | — | — |
| 2021 | $1 | $19K | $931 | $1 | — | — |
| 2020 | $20K | $0 | $20K | $1 | — | — |
| 2019 | $1 | $0 | $250 | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $510, expenses of $577, and assets of $317 (revenue +50900.0% year-over-year).
- 2022: Revenue of $1, expenses of $547, and assets of $384 (revenue +0.0% year-over-year).
- 2021: Revenue of $1, expenses of $19K, and assets of $931 (revenue -100.0% year-over-year).
- 2020: Revenue of $20K, expenses of $0, and assets of $20K (revenue +1999900.0% year-over-year).
- 2019: Revenue of $1, expenses of $0, and assets of $250.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Oracle Lighting Foundation:
Data Sources and Methodology
This transparency report for Oracle Lighting 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.