Southeast Lighthouse Foundation
Southeast Lighthouse Foundation: Strong Asset Base, Inconsistent Revenue, and High Administrative Costs
EIN: 222933316 · Block Island, RI · NTEE: A82Z · Updated: 2026-04-04
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| Metric | Value |
|---|---|
| Total Revenue | $111K |
| Total Expenses | $217K |
| Program Spending | 60% |
| Net Assets | $3.3M |
| Transparency Score | 75/100 |
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Southeast Lighthouse Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals
Southeast Lighthouse Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Southeast Lighthouse Foundation in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $90K and expenses of $217K.
Revenue and Expenses
Southeast Lighthouse Foundation reported $90K in revenue and $217K in expenses, a deficit of $127K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
75/100 mission score, 4 red flags, and 4 strengths are shown from structured and AI review.
Is Southeast Lighthouse Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
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Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $130K (60%) |
Across stored filings, Southeast Lighthouse Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
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| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 4 red flags identified |
| Mission spend | 60% to programs | Below Average |
| Financial durability | Grade B | 13 stored filing years |
| Peer context | Compare with Lord Of Glory Ministries Inc | Rhode Island and Arts & Culture context |
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Southeast Lighthouse Foundation directs 60% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Southeast Lighthouse Foundation
Southeast Lighthouse Foundation (EIN: 222933316) is a nonprofit organization based in Block Island, RI, classified under NTEE code A82Z. The organization reported total revenue of $111K and total assets of $3.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southeast Lighthouse Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southeast Lighthouse Foundation is a small nonprofit that has been operating for 35 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $90K |
| Total Expenses | $217K |
| Surplus / Deficit | $-126,567 |
| Total Assets | $3.6M |
| Total Liabilities | $307K |
| Net Assets | $3.3M |
| Operating Margin | -140.4% |
| Debt-to-Asset Ratio | 8.4% |
| Months of Reserves | 202.1 months |
Financial Health Grade: B
In 2023, Southeast Lighthouse Foundation reported a deficit of $127K with expenses exceeding revenue, holds 202.1 months of operating reserves (strong position), has a debt-to-asset ratio of 8.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Southeast Lighthouse Foundation's revenue has grown at a compound annual growth rate (CAGR) of 5.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -66.5% | +3.6% | -3.4% |
| 2022 | +27.1% | +9.0% | +10.8% |
| 2021 | +3.8% | +44.4% | +0.3% |
| 2020 | -55.5% | -16.3% | +2.4% |
| 2019 | +4.9% | +8.2% | +9.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
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 Southeast Lighthouse Foundation with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 30%
- programs: 60%
- fundraising: 10%
According to IRS 990 filings, Southeast Lighthouse Foundation allocates its expenses as follows: admin: 30%, programs: 60%, fundraising: 10%. Approximately 60% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $127K, with expenses exceeding revenue.
- Debt-to-asset ratio: 8.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% in all available filings, which is unusual for an organization with significant assets and expenses, suggesting potential underreporting or reliance on volunteer leadership.
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 Southeast Lighthouse Foundation's IRS 990 filings:
- Inconsistent revenue generation, with a sharp drop from $948,111 in 2016 to $50,106 in 2017, and a low of $90,170 in 2023.
- The consistent reporting of 0% compensation for officers, directors, trustees, and key employees across all years is highly unusual and may indicate a lack of transparency.
- A significant liability of $307,300 appears in 2022 and 2023 filings without clear explanation.
- Administrative expenses appear high relative to program spending, especially given the reported 0% executive compensation.
Strengths
The following positive indicators were identified for Southeast Lighthouse Foundation:
- Maintains a substantial asset base, consistently over $3 million, providing financial stability.
- Demonstrates a long operational history with consistent filings.
- Low fundraising costs, suggesting efficient donor acquisition or strong reliance on existing support.
- Positive net assets indicate financial health despite revenue fluctuations.
Frequently Asked Questions about Southeast Lighthouse Foundation
Is Southeast Lighthouse Foundation a legitimate charity?
Southeast Lighthouse Foundation (EIN: 222933316) is a registered tax-exempt nonprofit based in Rhode Island. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $111K. 4 red flags identified. 4 strengths noted. Financial health grade: B.
How does Southeast Lighthouse Foundation spend its money?
Southeast Lighthouse Foundation directs 60% of its spending to programs and services. Fundraising costs 10%. This falls below the 65% benchmark.
Are donations to Southeast Lighthouse Foundation tax-deductible?
Southeast Lighthouse Foundation is registered as a tax-exempt nonprofit (EIN: 222933316). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Southeast Lighthouse Foundation's spending goes to programs?
Southeast Lighthouse Foundation directs 60% to programs, 10% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
How does Southeast Lighthouse Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Southeast Lighthouse Foundation is above average for NTEE category A82Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Southeast Lighthouse Foundation located?
Southeast Lighthouse Foundation is headquartered in Block Island, Rhode Island and files with the IRS under EIN 222933316. It is classified under NTEE code A82Z.
How many years of IRS 990 filings does Southeast Lighthouse Foundation have?
Southeast Lighthouse Foundation 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 $111K in total revenue.
What does Southeast Lighthouse Foundation do?
Southeast Lighthouse Foundation is a nonprofit organization in the Arts, Culture & Humanities sector, located in Block Island, Rhode Island. It is classified under NTEE code A82Z.
How much revenue does Southeast Lighthouse Foundation have?
Southeast Lighthouse Foundation reported total revenue of $110,877. Based on 13 IRS 990 filings on record.
What are Southeast Lighthouse Foundation's total assets?
Southeast Lighthouse Foundation holds total assets of $3,510,125 as reported in IRS 990 filings.
Where is Southeast Lighthouse Foundation located?
Southeast Lighthouse Foundation is based in Block Island, Rhode Island.
What is Southeast Lighthouse Foundation's EIN?
Southeast Lighthouse Foundation's Employer Identification Number (EIN) is 222933316. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Southeast Lighthouse Foundation?
Southeast Lighthouse Foundation is classified under NTEE code A82Z (Arts, Culture & Humanities).
Is Southeast Lighthouse Foundation a registered 501(c)(3)?
Yes, Southeast Lighthouse Foundation is recognized as a tax-exempt organization by the IRS. EIN: 222933316.
Does Southeast Lighthouse Foundation file IRS Form 990?
Yes, Southeast Lighthouse Foundation has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Southeast Lighthouse Foundation's revenue in 2023?
In the 202312 filing period, Southeast Lighthouse Foundation reported total revenue of $90,170, total expenses of $216,737, and net assets of $3,649,479.
Is Southeast Lighthouse Foundation's revenue growing or declining?
Southeast Lighthouse Foundation's revenue is declining. Revenue went from $268,960 (202212) to $90,170 (202312), a -66.5% change. Based on 13 filings on record.
What is Southeast Lighthouse Foundation's most recent 990 filing?
The most recent IRS Form 990 filing for Southeast Lighthouse Foundation covers tax period 202312. It shows revenue of $90,170, expenses of $216,737, total assets of $3,649,479, and liabilities of $307,300.
How much does Southeast Lighthouse Foundation spend on programs vs administration?
Based on IRS 990 analysis, Southeast Lighthouse Foundation allocates approximately 60% of expenses to program services, 30% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is Southeast Lighthouse Foundation a trustworthy charity?
Based on AI analysis of IRS 990 data, Southeast Lighthouse Foundation appears trustworthy. Mission Score: 75/100 (Good). 4 red flags identified. 4 strengths noted.
What are the red flags for Southeast Lighthouse Foundation?
The following concerns were identified: Inconsistent revenue generation, with a sharp drop from $948,111 in 2016 to $50,106 in 2017, and a low of $90,170 in 2023.. The consistent reporting of 0% compensation for officers, directors, trustees, and key employees across all years is highly unusual and may indicate a lack of transparency.. A significant liability of $307,300 appears in 2022 and 2023 filings without clear explanation.. Administrative expenses appear high relative to program spending, especially given the reported 0% executive compensation.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Southeast Lighthouse Foundation's strengths?
Positive indicators for Southeast Lighthouse Foundation include: Maintains a substantial asset base, consistently over $3 million, providing financial stability.. Demonstrates a long operational history with consistent filings.. Low fundraising costs, suggesting efficient donor acquisition or strong reliance on existing support.. Positive net assets indicate financial health despite revenue fluctuations.. These findings are derived from AI analysis of the organization's financial filings.
How does Southeast Lighthouse Foundation compensate executives?
Executive compensation is reported as 0% in all available filings, which is unusual for an organization with significant assets and expenses, suggesting potential underreporting or reliance on volunteer leadership. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Southeast Lighthouse Foundation?
• The organization consistently reports 0% compensation for its highest-paid employees, which warrants further investigation. • Detailed breakdowns of program expenses are not readily available in the provided data, making it difficult to assess impact. • The financial filings show a significant liability of $307,300 in 2022 and 2023, which is not explained. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the reported 0% compensation for key personnel, how does the organization manage its operations and what is the true cost of its administrative functions?
The consistent 0% compensation suggests either a fully volunteer-run organization at the leadership level or that compensation is being reported under different categories, potentially inflating administrative or program costs without direct attribution to leadership.
What is the nature and purpose of the $307,300 liability reported in 2022 and 2023, and how does it impact the organization's long-term financial outlook?
Without further detail, this liability could represent a loan, a deferred revenue obligation, or a specific project-related debt. Its impact depends on its terms and repayment schedule, potentially affecting future liquidity or asset utilization.
What factors contributed to the significant revenue fluctuations, particularly the sharp decline from 2016 to 2017 and the low revenue in 2023, and what strategies are in place to stabilize funding?
Revenue volatility could be due to reliance on large, infrequent grants, specific fundraising campaigns, or external economic factors. Understanding the cause is crucial for developing sustainable funding strategies to support its mission.
Filing History
IRS 990 filing history for Southeast Lighthouse Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Southeast Lighthouse Foundation's revenue has grown by 79.1%, moving from $50K to $90K. Total assets increased by 75.6% over the same period, from $2.1M to $3.6M. Total functional expenses rose by 101.6%, from $108K to $217K. In its most recent filing year (2023), Southeast Lighthouse Foundation reported a deficit of $127K, with expenses exceeding revenue. The organization holds $307K in liabilities against $3.6M in assets (debt-to-asset ratio: 8.4%), resulting in net assets of $3.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $90K | $217K | $3.6M | $307K | — | — |
| 2022 | $269K | $209K | $3.8M | $307K | — | View 990 |
| 2021 | $212K | $192K | $3.4M | $0 | — | View 990 |
| 2020 | $204K | $133K | $3.4M | $10K | — | View 990 |
| 2019 | $458K | $159K | $3.3M | $0 | — | View 990 |
| 2018 | $437K | $147K | $3.0M | $0 | — | View 990 |
| 2017 | $50K | $294K | $2.7M | $0 | — | View 990 |
| 2016 | $948K | $142K | $3.0M | $0 | — | View 990 |
| 2015 | $413K | $173K | $2.2M | $0 | — | View 990 |
| 2014 | $72K | $108K | $1.9M | $0 | — | View 990 |
| 2013 | $53K | $110K | $2.0M | $0 | — | View 990 |
| 2012 | $54K | $112K | $2.0M | $0 | — | View 990 |
| 2011 | $50K | $108K | $2.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $90K, expenses of $217K, and assets of $3.6M (revenue -66.5% year-over-year).
- 2022: Revenue of $269K, expenses of $209K, and assets of $3.8M (revenue +27.1% year-over-year).
- 2021: Revenue of $212K, expenses of $192K, and assets of $3.4M (revenue +3.8% year-over-year).
- 2020: Revenue of $204K, expenses of $133K, and assets of $3.4M (revenue -55.5% year-over-year).
- 2019: Revenue of $458K, expenses of $159K, and assets of $3.3M (revenue +4.9% year-over-year).
- 2018: Revenue of $437K, expenses of $147K, and assets of $3.0M (revenue +772.1% year-over-year).
- 2017: Revenue of $50K, expenses of $294K, and assets of $2.7M (revenue -94.7% year-over-year).
- 2016: Revenue of $948K, expenses of $142K, and assets of $3.0M (revenue +129.7% year-over-year).
- 2015: Revenue of $413K, expenses of $173K, and assets of $2.2M (revenue +473.9% year-over-year).
- 2014: Revenue of $72K, expenses of $108K, and assets of $1.9M (revenue +34.6% year-over-year).
- 2013: Revenue of $53K, expenses of $110K, and assets of $2.0M (revenue -0.6% year-over-year).
- 2012: Revenue of $54K, expenses of $112K, and assets of $2.0M (revenue +6.8% year-over-year).
- 2011: Revenue of $50K, expenses of $108K, and assets of $2.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southeast Lighthouse Foundation:
Data Sources and Methodology
This transparency report for Southeast Lighthouse 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.