Sky Light Center Incorporated
Sky Light Center Incorporated reports a $442,787 surplus in its latest fiscal year with no reported officer compensation.
EIN: 133473726 · Staten Island, NY · NTEE: F320 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.8M |
| Total Expenses | $2.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $186K |
| Transparency Score | 85/100 |
Is Sky Light Center Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sky Light Center Incorporated directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sky Light Center Incorporated
Sky Light Center Incorporated (EIN: 133473726) is a nonprofit organization based in Staten Island, NY, classified under NTEE code F320. The organization reported total revenue of $2.8M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sky Light Center Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sky Light Center Incorporated is a mid-size nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $2.2M |
| Surplus / Deficit | +$443K |
| Total Assets | $452K |
| Total Liabilities | $266K |
| Net Assets | $186K |
| Operating Margin | 16.8% |
| Debt-to-Asset Ratio | 58.8% |
| Months of Reserves | 2.5 months |
Financial Health Grade: B
In 2023, Sky Light Center Incorporated reported a surplus of $443K with revenue exceeding expenses, holds 2.5 months of operating reserves (limited), has a debt-to-asset ratio of 58.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Sky Light Center Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +30.6% | -19.5% | -13.8% |
| 2022 | -0.2% | +36.2% | -52.4% |
| 2021 | -6.1% | +0.5% | +33.6% |
| 2020 | +3.3% | +3.4% | +7.8% |
| 2019 | +5.9% | +3.4% | -39.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Sky Light Center Incorporated with a Mission Score of 85 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Sky Light Center Incorporated allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $443K, with revenue exceeding expenses.
- Debt-to-asset ratio: 58.8%.
Executive Compensation Analysis
Sky Light Center Incorporated consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization with annual revenues exceeding $2 million. This suggests either a fully volunteer-led executive team or that executive compensation is reported under general salaries and wages rather than specifically as officer compensation, which could obscure a full understanding of leadership costs.
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.
Red Flags
The following concerns were identified during AI analysis of Sky Light Center Incorporated's IRS 990 filings:
- Significant fluctuation in assets over the past decade, with a notable decrease from $1,708,501 in 2016 to $452,386 in 2023.
- Large deficit reported in 2017 ($1,664,250), indicating a period of financial strain or significant one-time expenses.
- Consistent reporting of 0% officer compensation, which is unusual for an organization of this size and could obscure actual leadership compensation if reported elsewhere.
Strengths
The following positive indicators were identified for Sky Light Center Incorporated:
- Strong financial recovery and surplus in the latest fiscal year (202306) with revenue exceeding expenses by $442,787.
- Consistent revenue generation, generally staying above $2 million annually.
- Low liabilities in the most recent filing ($265,937), indicating good debt management.
- Absence of reported officer compensation suggests a highly efficient use of funds at the executive level, or a volunteer-driven leadership.
Frequently Asked Questions about Sky Light Center Incorporated
Is Sky Light Center Incorporated a legitimate charity?
Sky Light Center Incorporated (EIN: 133473726) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.8M. 3 red flags identified. 4 strengths noted. Financial health grade: B.
How does Sky Light Center Incorporated spend its money?
Sky Light Center Incorporated directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Sky Light Center Incorporated tax-deductible?
Sky Light Center Incorporated is registered as a tax-exempt nonprofit (EIN: 133473726). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Sky Light Center Incorporated CEO make?
Sky Light Center Incorporated's highest-compensated officer earns $2 annually. The organization reported $2.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Sky Light Center Incorporated's spending goes to programs?
Sky Light Center Incorporated directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Sky Light Center Incorporated compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Sky Light Center Incorporated is above average for NTEE category F320 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sky Light Center Incorporated located?
Sky Light Center Incorporated is headquartered in Staten Island, New York and files with the IRS under EIN 133473726. It is classified under NTEE code F320.
How many years of IRS 990 filings does Sky Light Center Incorporated have?
Sky Light Center Incorporated has 13 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 $2.8M in total revenue.
How does Sky Light Center Incorporated manage to operate with 0% reported officer compensation?
The consistent reporting of 0% officer compensation across all filings for an organization with over $2 million in annual revenue is highly unusual. It could indicate that the organization is primarily run by volunteers, or that executive compensation is categorized under general salaries and wages rather than specifically as officer compensation on the 990 form. Further investigation into their detailed expense breakdown would be needed to clarify this.
What caused the significant deficit in 2017 where expenses were $3,641,225 against $1,976,975 in revenue?
The 2017 fiscal year showed a substantial deficit of over $1.6 million. Without access to the detailed 990 for that year, it's difficult to pinpoint the exact cause. It could be due to one-time capital expenditures, significant program expansion, or unexpected operational costs. This period also saw high liabilities, suggesting potential borrowing or deferred payments.
Why have assets decreased significantly from $1,708,501 in 2016 to $452,386 in 2023?
The decline in assets from a peak in 2016 to the current level in 2023 could be due to several factors, including depreciation of fixed assets, sale of assets, or using accumulated reserves to cover operational costs or reduce liabilities. For example, liabilities were significantly reduced from $1,195,322 in 2018 to $265,937 in 2023, which could have been funded by asset liquidation or retained earnings.
Filing History
IRS 990 filing history for Sky Light Center Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sky Light Center Incorporated's revenue has grown by 15.7%, moving from $2.3M to $2.6M. Total assets decreased by 66.6% over the same period, from $1.4M to $452K. Total functional expenses fell by 6.6%, from $2.3M to $2.2M. In its most recent filing year (2023), Sky Light Center Incorporated reported a surplus of $443K, with revenue exceeding expenses. The organization holds $266K in liabilities against $452K in assets (debt-to-asset ratio: 58.8%), resulting in net assets of $186K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $2.2M | $452K | $266K | — | — |
| 2022 | $2.0M | $2.7M | $525K | $788K | — | View 990 |
| 2021 | $2.0M | $2.0M | $1.1M | $636K | — | View 990 |
| 2020 | $2.2M | $2.0M | $826K | $419K | — | View 990 |
| 2019 | $2.1M | $1.9M | $766K | $525K | — | View 990 |
| 2018 | $2.0M | $1.9M | $1.3M | $1.2M | — | View 990 |
| 2017 | $2.0M | $3.6M | $1.2M | $1.3M | — | View 990 |
| 2016 | $2.6M | $2.3M | $1.7M | $118K | — | View 990 |
| 2015 | $2.5M | $2.4M | $1.4M | $61K | — | View 990 |
| 2014 | $2.4M | $2.5M | $1.3M | $83K | — | View 990 |
| 2013 | $2.4M | $2.3M | $1.7M | $479K | — | View 990 |
| 2012 | $2.4M | $2.4M | $1.1M | $12K | — | View 990 |
| 2011 | $2.3M | $2.3M | $1.4M | $212K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $2.2M, and assets of $452K (revenue +30.6% year-over-year).
- 2022: Revenue of $2.0M, expenses of $2.7M, and assets of $525K (revenue -0.2% year-over-year).
- 2021: Revenue of $2.0M, expenses of $2.0M, and assets of $1.1M (revenue -6.1% year-over-year).
- 2020: Revenue of $2.2M, expenses of $2.0M, and assets of $826K (revenue +3.3% year-over-year).
- 2019: Revenue of $2.1M, expenses of $1.9M, and assets of $766K (revenue +5.9% year-over-year).
- 2018: Revenue of $2.0M, expenses of $1.9M, and assets of $1.3M (revenue -0.4% year-over-year).
- 2017: Revenue of $2.0M, expenses of $3.6M, and assets of $1.2M (revenue -23.6% year-over-year).
- 2016: Revenue of $2.6M, expenses of $2.3M, and assets of $1.7M (revenue +4.0% year-over-year).
- 2015: Revenue of $2.5M, expenses of $2.4M, and assets of $1.4M (revenue +2.1% year-over-year).
- 2014: Revenue of $2.4M, expenses of $2.5M, and assets of $1.3M (revenue +0.7% year-over-year).
- 2013: Revenue of $2.4M, expenses of $2.3M, and assets of $1.7M (revenue +0.8% year-over-year).
- 2012: Revenue of $2.4M, expenses of $2.4M, and assets of $1.1M (revenue +5.5% year-over-year).
- 2011: Revenue of $2.3M, expenses of $2.3M, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sky Light Center Incorporated:
Data Sources and Methodology
This transparency report for Sky Light Center 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.