The Lighthouse Charitable Foundation Inc
The Lighthouse Charitable Foundation Inc. reports $0 in latest revenue and assets after years of significant financial activity.
EIN: 204084136 · Capo Beach, CA · NTEE: X20 · Updated: 2026-03-28
Is The Lighthouse Charitable Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Lighthouse Charitable Foundation Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Lighthouse Charitable Foundation Inc
The Lighthouse Charitable Foundation Inc (EIN: 204084136) is a nonprofit organization based in Capo Beach, CA, classified under NTEE code X20. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Lighthouse Charitable Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Lighthouse Charitable Foundation Inc is a mid-size nonprofit that has been operating for 7 years, with 7 years of IRS 990 filings on record (2011–2017). Revenue has grown at a compound annual rate of 0.4%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.9M |
| Total Expenses | $1.5M |
| Surplus / Deficit | +$4.4M |
| Total Assets | $29.7M |
| Total Liabilities | $12.1M |
| Net Assets | $17.6M |
| Operating Margin | 74.5% |
| Debt-to-Asset Ratio | 40.6% |
| Months of Reserves | 237.6 months |
Financial Health Grade: A
In 2017, The Lighthouse Charitable Foundation Inc reported a surplus of $4.4M with revenue exceeding expenses, holds 237.6 months of operating reserves (strong position), has a debt-to-asset ratio of 40.6% (moderate leverage).
Financial Trends
Over 7 years of filings (2011–2017), The Lighthouse Charitable Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | +149.7% | +29.2% | -36.0% |
| 2016 | -65.0% | +11.2% | +29.8% |
| 2015 | +269.7% | +84.0% | +47.2% |
| 2014 | +208.9% | +44.2% | -8.4% |
| 2013 | -87.5% | +3.6% | +12.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2019 |
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 The Lighthouse Charitable Foundation Inc with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, The Lighthouse Charitable Foundation Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 40.6%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, suggesting either a fully volunteer-led organization or that executive compensation is not being reported in a standard manner for an organization that has managed tens of millions in assets and revenue.
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 The Lighthouse Charitable Foundation Inc's IRS 990 filings:
- Latest filing shows $0 revenue and assets, indicating potential inactivity or significant change without clear explanation.
- Large discrepancy between historical revenue and expenses (e.g., $5.8M revenue vs. $1.4M expenses in 2017), suggesting significant accumulation or investment rather than direct program spending.
- Consistent 0% officer compensation for an organization with substantial financial activity, which may warrant further scrutiny regarding leadership structure and compensation practices.
Strengths
The following positive indicators were identified for The Lighthouse Charitable Foundation Inc:
- Historically demonstrated ability to generate significant revenue, with figures up to $6.7 million.
- Maintained substantial asset base for several years, peaking at over $46 million.
- Consistent filing of IRS Form 990, indicating a commitment to regulatory compliance over time.
Frequently Asked Questions about The Lighthouse Charitable Foundation Inc
Is The Lighthouse Charitable Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Lighthouse Charitable Foundation Inc (EIN: 204084136) some concerns. Mission Score: 55/100. 3 red flags identified, 3 strengths noted.
How does The Lighthouse Charitable Foundation Inc spend its money?
The Lighthouse Charitable Foundation Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Lighthouse Charitable Foundation Inc tax-deductible?
The Lighthouse Charitable Foundation Inc is registered as a tax-exempt nonprofit (EIN: 204084136). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why does the latest filing show $0 in revenue and assets?
The most recent data indicates a significant change, with both revenue and assets at $0. This could be due to a period of dormancy, dissolution, or a change in how financial information is reported or consolidated, which warrants further investigation.
What is the organization's primary program activity given its NTEE code X20?
NTEE code X20 typically refers to Voluntary Health Associations & Medical Disciplines. Without more detailed program expense breakdowns, it's difficult to ascertain the specific nature of their charitable activities, especially given the large gap between revenue and expenses in historical filings.
How does the organization manage its significant assets and liabilities?
Historically, the organization has held substantial assets (e.g., $46.4M in 2016) and liabilities (e.g., $27.4M in 2016). The nature of these liabilities and how they are managed in relation to the assets would be crucial for understanding long-term financial stability.
Is the 0% officer compensation accurate, and if so, how is the organization managed?
The consistent 0% officer compensation across all filings is unusual for an organization handling millions in revenue and assets. It raises questions about the operational model and whether key leadership roles are genuinely unpaid or if compensation is reported differently.
Filing History
IRS 990 filing history for The Lighthouse Charitable Foundation Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2017), The Lighthouse Charitable Foundation Inc's revenue has grown by 2.7%, moving from $5.7M to $5.9M. Total assets increased by 99.5% over the same period, from $14.9M to $29.7M. Total functional expenses rose by 488.1%, from $255K to $1.5M. In its most recent filing year (2017), The Lighthouse Charitable Foundation Inc reported a surplus of $4.4M, with revenue exceeding expenses. The organization holds $12.1M in liabilities against $29.7M in assets (debt-to-asset ratio: 40.6%), resulting in net assets of $17.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $5.9M | $1.5M | $29.7M | $12.1M | — | View 990 |
| 2016 | $2.4M | $1.2M | $46.4M | $27.5M | — | View 990 |
| 2015 | $6.7M | $1.0M | $35.7M | $21.4M | — | View 990 |
| 2014 | $1.8M | $567K | $24.3M | $11.2M | — | View 990 |
| 2013 | $589K | $393K | $26.5M | $14.7M | — | View 990 |
| 2012 | $4.7M | $380K | $23.6M | $12.0M | — | View 990 |
| 2011 | $5.7M | $255K | $14.9M | $7.6M | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $5.9M, expenses of $1.5M, and assets of $29.7M (revenue +149.7% year-over-year).
- 2016: Revenue of $2.4M, expenses of $1.2M, and assets of $46.4M (revenue -65.0% year-over-year).
- 2015: Revenue of $6.7M, expenses of $1.0M, and assets of $35.7M (revenue +269.7% year-over-year).
- 2014: Revenue of $1.8M, expenses of $567K, and assets of $24.3M (revenue +208.9% year-over-year).
- 2013: Revenue of $589K, expenses of $393K, and assets of $26.5M (revenue -87.5% year-over-year).
- 2012: Revenue of $4.7M, expenses of $380K, and assets of $23.6M (revenue -17.9% year-over-year).
- 2011: Revenue of $5.7M, expenses of $255K, and assets of $14.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Lighthouse Charitable Foundation Inc:
Data Sources and Methodology
This transparency report for The Lighthouse Charitable Foundation Inc 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.