Pilot Light Incorporated
EIN: 814183967 · Knoxville, TN · NTEE: A60
| Metric | Value |
|---|---|
| Total Revenue | $195K |
| Total Expenses | $147K |
| Net Assets | $-5,412 |
Is Pilot Light Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Pilot Light Incorporated
Pilot Light Incorporated (EIN: 814183967) is a nonprofit organization based in Knoxville, TN, classified under NTEE code A60. The organization reported total revenue of $195K and total assets of $4K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pilot Light Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pilot Light Incorporated is a small nonprofit that has been operating for 9 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 4.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $128K |
| Total Expenses | $147K |
| Surplus / Deficit | $-19,329 |
| Total Assets | $3K |
| Total Liabilities | $9K |
| Net Assets | $-5,412 |
| Operating Margin | -15.1% |
| Debt-to-Asset Ratio | 263.0% |
| Months of Reserves | 0.3 months |
Financial Health Grade: D
In 2023, Pilot Light Incorporated reported a deficit of $19K with expenses exceeding revenue, holds 0.3 months of operating reserves (limited), has a debt-to-asset ratio of 263.0% (high leverage).
Financial Trends
Over 7 years of filings (2017–2023), Pilot Light Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.1% | +7.9% | -35.9% |
| 2022 | +83.9% | +111.7% | -67.1% |
| 2021 | +32.9% | +41.1% | +48.3% |
| 2020 | -61.1% | -65.0% | +176.6% |
| 2019 | +7.5% | +4.7% | +770.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Pilot Light Incorporated 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 Pilot Light Incorporated 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 $19K, with expenses exceeding revenue.
- Debt-to-asset ratio: 263.0%.
Frequently Asked Questions about Pilot Light Incorporated
Is Pilot Light Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Pilot Light Incorporated (EIN: 814183967) insufficient data. 0 red flags identified, 0 strengths noted.
How does Pilot Light Incorporated spend its money?
Detailed spending breakdown data is not yet available for Pilot Light Incorporated. Check back for updated IRS 990 analysis.
Are donations to Pilot Light Incorporated tax-deductible?
Pilot Light Incorporated is registered as a tax-exempt nonprofit (EIN: 814183967). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Pilot Light Incorporated located?
Pilot Light Incorporated is headquartered in Knoxville, Tennessee and files with the IRS under EIN 814183967. It is classified under NTEE code A60.
How many years of IRS 990 filings does Pilot Light Incorporated have?
Pilot Light Incorporated has 7 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 $195K in total revenue.
Filing History
IRS 990 filing history for Pilot Light Incorporated showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Pilot Light Incorporated's revenue has grown by 26.3%, moving from $101K to $128K. Total assets increased by 651.4% over the same period, from $442 to $3K. Total functional expenses rose by 46.1%, from $101K to $147K. In its most recent filing year (2023), Pilot Light Incorporated reported a deficit of $19K, with expenses exceeding revenue. The organization holds $9K in liabilities against $3K in assets (debt-to-asset ratio: 263.0%), resulting in net assets of $-5,412.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $128K | $147K | $3K | $9K | — | — |
| 2022 | $128K | $137K | $5K | $0 | — | View 990 |
| 2021 | $70K | $65K | $16K | $0 | — | — |
| 2020 | $52K | $46K | $11K | $0 | — | — |
| 2019 | $135K | $131K | $4K | $0 | — | View 990 |
| 2018 | $125K | $125K | $442 | $0 | — | View 990 |
| 2017 | $101K | $101K | $442 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $128K, expenses of $147K, and assets of $3K (revenue -0.1% year-over-year).
- 2022: Revenue of $128K, expenses of $137K, and assets of $5K (revenue +83.9% year-over-year).
- 2021: Revenue of $70K, expenses of $65K, and assets of $16K (revenue +32.9% year-over-year).
- 2020: Revenue of $52K, expenses of $46K, and assets of $11K (revenue -61.1% year-over-year).
- 2019: Revenue of $135K, expenses of $131K, and assets of $4K (revenue +7.5% year-over-year).
- 2018: Revenue of $125K, expenses of $125K, and assets of $442 (revenue +23.6% year-over-year).
- 2017: Revenue of $101K, expenses of $101K, and assets of $442.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pilot Light Incorporated:
Data Sources and Methodology
This transparency report for Pilot Light Incorporated 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.