Salt And Light Coalition Nfp
EIN: 814602703 · Chicago, IL · NTEE: P43
| Metric | Value |
|---|---|
| Total Revenue | $908K |
| Total Expenses | $409K |
| Net Assets | $6.3M |
Is Salt And Light Coalition Nfp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Salt And Light Coalition Nfp
Salt And Light Coalition Nfp (EIN: 814602703) is a nonprofit organization based in Chicago, IL, classified under NTEE code P43. The organization reported total revenue of $908K and total assets of $6.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Salt And Light Coalition Nfp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Salt And Light Coalition Nfp is a small nonprofit that has been operating for 9 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 31.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $581K |
| Total Expenses | $409K |
| Surplus / Deficit | +$172K |
| Total Assets | $6.3M |
| Total Liabilities | $22K |
| Net Assets | $6.3M |
| Operating Margin | 29.6% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 186.3 months |
Financial Health Grade: A
In 2023, Salt And Light Coalition Nfp reported a surplus of $172K with revenue exceeding expenses, holds 186.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 6 years of filings (2018–2023), Salt And Light Coalition Nfp's revenue has grown at a compound annual growth rate (CAGR) of 31.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -20.2% | +2.9% | +3.1% |
| 2022 | -87.2% | +5.9% | +5.6% |
| 2021 | +1078.7% | +24.4% | +1005.9% |
| 2020 | +2.6% | +51.4% | +52.1% |
| 2019 | +222.6% | +99.4% | +375.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1270 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Salt And Light Coalition Nfp 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 Salt And Light Coalition Nfp 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 $172K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Frequently Asked Questions about Salt And Light Coalition Nfp
Is Salt And Light Coalition Nfp a legitimate charity?
Salt And Light Coalition Nfp (EIN: 814602703) is a registered tax-exempt nonprofit based in Illinois. It has 6 years of IRS 990 filings on record. Total revenue: $908K. No red flags identified. Financial health grade: A.
How does Salt And Light Coalition Nfp spend its money?
Salt And Light Coalition Nfp reported $908K in total revenue in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Salt And Light Coalition Nfp tax-deductible?
Salt And Light Coalition Nfp is registered as a tax-exempt nonprofit (EIN: 814602703). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Salt And Light Coalition Nfp located?
Salt And Light Coalition Nfp is headquartered in Chicago, Illinois and files with the IRS under EIN 814602703. It is classified under NTEE code P43.
How many years of IRS 990 filings does Salt And Light Coalition Nfp have?
Salt And Light Coalition Nfp has 6 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 $908K in total revenue.
Filing History
IRS 990 filing history for Salt And Light Coalition Nfp showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Salt And Light Coalition Nfp's revenue has grown by 299.7%, moving from $145K to $581K. Total assets increased by 8612.5% over the same period, from $73K to $6.3M. Total functional expenses rose by 309.7%, from $100K to $409K. In its most recent filing year (2023), Salt And Light Coalition Nfp reported a surplus of $172K, with revenue exceeding expenses. The organization holds $22K in liabilities against $6.3M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $6.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $581K | $409K | $6.3M | $22K | — | — |
| 2022 | $728K | $397K | $6.2M | $6K | — | View 990 |
| 2021 | $5.7M | $375K | $5.8M | $8K | — | View 990 |
| 2020 | $481K | $301K | $527K | $4K | — | View 990 |
| 2019 | $469K | $199K | $346K | $4K | — | View 990 |
| 2018 | $145K | $100K | $73K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $581K, expenses of $409K, and assets of $6.3M (revenue -20.2% year-over-year).
- 2022: Revenue of $728K, expenses of $397K, and assets of $6.2M (revenue -87.2% year-over-year).
- 2021: Revenue of $5.7M, expenses of $375K, and assets of $5.8M (revenue +1078.7% year-over-year).
- 2020: Revenue of $481K, expenses of $301K, and assets of $527K (revenue +2.6% year-over-year).
- 2019: Revenue of $469K, expenses of $199K, and assets of $346K (revenue +222.6% year-over-year).
- 2018: Revenue of $145K, expenses of $100K, and assets of $73K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Salt And Light Coalition Nfp:
Data Sources and Methodology
This transparency report for Salt And Light Coalition Nfp 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.