Searchlight

Searchlight consistently maintains financial surpluses and zero liabilities with no reported officer compensation.

EIN: 204668113 · Jacksonville, OR · NTEE: X80 · Updated: 2026-03-28

$1.2MRevenue

$2.8MAssets

95/100Mission Score (Excellent)

X80

About Searchlight

Searchlight (EIN: 204668113) is a nonprofit organization based in Jacksonville, OR, classified under NTEE code X80. The organization reported total revenue of $1.2M and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Searchlight's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Searchlight demonstrates strong financial health and consistent growth in assets over the past decade, reaching $2,006,628 in 2023. The organization consistently operates with a surplus, as evidenced by revenues exceeding expenses in all reported periods, indicating sound financial management. For instance, in 2023, revenue was $797,538 against expenses of $746,404. A significant strength is the reported 0% officer compensation across all filings, which suggests a high degree of volunteer leadership or that compensation is structured in a way that isn't reported as officer compensation on the 990, enhancing donor confidence in program focus. The absence of liabilities in all reported periods further underscores a very healthy balance sheet and responsible financial practices. While specific program spending ratios are not detailed in the provided data, the consistent surpluses and lack of liabilities are positive indicators of efficiency and financial stability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Searchlight with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 5%
programs: 90%
fundraising: 5%

According to IRS 990 filings, Searchlight allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Searchlight reports 0% officer compensation across all available filings, indicating that executive leadership either serves on a volunteer basis or is compensated through other means not categorized as officer compensation on the 990, which is highly favorable for donor perception and suggests resources are directed towards the mission.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Strengths

The following positive indicators were identified for Searchlight:

Consistent financial surpluses, with revenue exceeding expenses in all reported periods.
Zero reported liabilities across all filings, indicating a very strong balance sheet.
Steady growth in assets, from $448,052 in 2014 to $2,006,628 in 2023.
0% officer compensation reported, suggesting high efficiency and dedication of resources to programs.
Strong financial stability and responsible management demonstrated by consistent positive net assets.

Frequently Asked Questions about Searchlight

Is Searchlight a good charity?

Based on the provided financial data, Searchlight appears to be a very good charity. It consistently operates with a surplus, has zero reported liabilities, and reports 0% officer compensation, all of which are strong indicators of financial health and a focus on its mission.

How has Searchlight's financial health changed over time?

Searchlight has shown consistent financial growth and stability. Its assets have steadily increased from $448,052 in 2014 to $2,006,628 in 2023, and it has maintained a positive net income (revenue exceeding expenses) in every reported year, with no liabilities.

What is Searchlight's approach to executive compensation?

Searchlight reports 0% officer compensation in all available IRS 990 filings, suggesting a strong commitment to directing funds towards its programs rather than high administrative salaries for its top leadership.

Does Searchlight have any debt?

No, Searchlight consistently reports $0 in liabilities across all available IRS 990 filings, indicating a debt-free operation.

Filing History

IRS 990 filing history for Searchlight showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Searchlight's revenue has grown by 53.5%, moving from $520K to $798K. Total assets increased by 895.2% over the same period, from $202K to $2.0M. Total functional expenses rose by 64.8%, from $453K to $746K. In its most recent filing year (2023), Searchlight reported a surplus of $51K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$798K	$746K	$2.0M	$0	—	View 990
2022	$833K	$695K	$2.0M	$0	—	—
2021	$1.1M	$697K	$1.8M	$0	—	View 990
2020	$988K	$667K	$1.4M	$0	—	View 990
2019	$731K	$605K	$1.1M	$0	—	View 990
2018	$669K	$595K	$982K	$0	—	View 990
2017	$644K	$604K	$908K	$0	—	View 990
2016	$825K	$604K	$868K	$0	—	View 990
2015	$791K	$592K	$647K	$0	—	View 990
2014	$693K	$614K	$448K	$0	—	View 990
2013	$699K	$568K	$370K	$0	—	View 990
2012	$584K	$547K	$239K	$0	—	View 990
2011	$520K	$453K	$202K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $798K, expenses of $746K, and assets of $2.0M (revenue -4.3% year-over-year).
2022: Revenue of $833K, expenses of $695K, and assets of $2.0M (revenue -23.2% year-over-year).
2021: Revenue of $1.1M, expenses of $697K, and assets of $1.8M (revenue +9.7% year-over-year).
2020: Revenue of $988K, expenses of $667K, and assets of $1.4M (revenue +35.1% year-over-year).
2019: Revenue of $731K, expenses of $605K, and assets of $1.1M (revenue +9.3% year-over-year).
2018: Revenue of $669K, expenses of $595K, and assets of $982K (revenue +3.9% year-over-year).
2017: Revenue of $644K, expenses of $604K, and assets of $908K (revenue -22.0% year-over-year).
2016: Revenue of $825K, expenses of $604K, and assets of $868K (revenue +4.3% year-over-year).
2015: Revenue of $791K, expenses of $592K, and assets of $647K (revenue +14.3% year-over-year).
2014: Revenue of $693K, expenses of $614K, and assets of $448K (revenue -0.9% year-over-year).
2013: Revenue of $699K, expenses of $568K, and assets of $370K (revenue +19.8% year-over-year).
2012: Revenue of $584K, expenses of $547K, and assets of $239K (revenue +12.3% year-over-year).
2011: Revenue of $520K, expenses of $453K, and assets of $202K.

Data Sources and Methodology

This transparency report for Searchlight 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.