Our Lady Of Light Foundation
EIN: 611228007 · Cincinnati, OH · NTEE: X21Z
| Metric | Value |
|---|---|
| Total Revenue | $392K |
| Total Expenses | $506K |
| Net Assets | $164K |
Is Our Lady Of Light Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Our Lady Of Light Foundation
Our Lady Of Light Foundation (EIN: 611228007) is a nonprofit organization based in Cincinnati, OH, classified under NTEE code X21Z. The organization reported total revenue of $392K and total assets of $404K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Our Lady Of Light Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Our Lady Of Light Foundation is a small nonprofit that has been operating for 33 years, with 11 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of -0.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $358K |
| Total Expenses | $506K |
| Surplus / Deficit | $-148,266 |
| Total Assets | $164K |
| Net Assets | $164K |
| Operating Margin | -41.4% |
| Months of Reserves | 3.9 months |
Financial Health Grade: B
In 2023, Our Lady Of Light Foundation reported a deficit of $148K with expenses exceeding revenue, holds 3.9 months of operating reserves (adequate).
Financial Trends
Over 11 years of filings (2014–2023), Our Lady Of Light Foundation's revenue has declined at a compound annual growth rate (CAGR) of -0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.5% | -2.2% | -47.5% |
| 2022 | +16.9% | +77.3% | -26.6% |
| 2021 | +1.1% | +41.5% | +25.6% |
| 2020 | +98.2% | +29.7% | +83.0% |
| 2019 | +30.4% | +47.7% | +15.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Our Lady Of Light 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 Our Lady Of Light 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 $148K, with expenses exceeding revenue.
Frequently Asked Questions about Our Lady Of Light Foundation
Is Our Lady Of Light Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Our Lady Of Light Foundation (EIN: 611228007) insufficient data. 0 red flags identified, 0 strengths noted.
How does Our Lady Of Light Foundation spend its money?
Detailed spending breakdown data is not yet available for Our Lady Of Light Foundation. Check back for updated IRS 990 analysis.
Are donations to Our Lady Of Light Foundation tax-deductible?
Our Lady Of Light Foundation is registered as a tax-exempt nonprofit (EIN: 611228007). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Our Lady Of Light Foundation located?
Our Lady Of Light Foundation is headquartered in Cincinnati, Ohio and files with the IRS under EIN 611228007. It is classified under NTEE code X21Z.
How many years of IRS 990 filings does Our Lady Of Light Foundation have?
Our Lady Of Light Foundation has 11 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 $392K in total revenue.
Filing History
IRS 990 filing history for Our Lady Of Light Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2014–2023), Our Lady Of Light Foundation's revenue has declined by 2.3%, moving from $367K to $358K. Total assets decreased by 53.3% over the same period, from $352K to $164K. Total functional expenses rose by 479.6%, from $87K to $506K. In its most recent filing year (2023), Our Lady Of Light Foundation reported a deficit of $148K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $358K | $506K | $164K | $0 | — | — |
| 2022 | $424K | $518K | $312K | $0 | — | — |
| 2021 | $362K | $292K | $425K | $7K | — | View 990 |
| 2020 | $358K | $206K | $339K | $0 | — | View 990 |
| 2019 | $181K | $159K | $185K | $0 | — | View 990 |
| 2018 | $139K | $108K | $161K | $0 | — | View 990 |
| 2018 | $141K | $188K | $127K | $0 | — | View 990 |
| 2017 | $153K | $149K | $168K | $0 | — | View 990 |
| 2016 | $69K | $88K | $155K | $0 | — | View 990 |
| 2015 | $47K | $74K | $325K | $0 | — | View 990 |
| 2014 | $367K | $87K | $352K | $83 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $358K, expenses of $506K, and assets of $164K (revenue -15.5% year-over-year).
- 2022: Revenue of $424K, expenses of $518K, and assets of $312K (revenue +16.9% year-over-year).
- 2021: Revenue of $362K, expenses of $292K, and assets of $425K (revenue +1.1% year-over-year).
- 2020: Revenue of $358K, expenses of $206K, and assets of $339K (revenue +98.2% year-over-year).
- 2019: Revenue of $181K, expenses of $159K, and assets of $185K (revenue +30.4% year-over-year).
- 2018: Revenue of $139K, expenses of $108K, and assets of $161K (revenue -1.6% year-over-year).
- 2018: Revenue of $141K, expenses of $188K, and assets of $127K (revenue -8.1% year-over-year).
- 2017: Revenue of $153K, expenses of $149K, and assets of $168K (revenue +123.0% year-over-year).
- 2016: Revenue of $69K, expenses of $88K, and assets of $155K (revenue +46.8% year-over-year).
- 2015: Revenue of $47K, expenses of $74K, and assets of $325K (revenue -87.2% year-over-year).
- 2014: Revenue of $367K, expenses of $87K, and assets of $352K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Our Lady Of Light Foundation:
Data Sources and Methodology
This transparency report for Our Lady Of Light 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.