The Lighthouse Of Southern Mn
EIN: 263867536 · Owatonna, MN · NTEE: L41
| Metric | Value |
|---|---|
| Total Revenue | $147K |
| Total Expenses | $229K |
| Net Assets | $557K |
Is The Lighthouse Of Southern Mn Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Lighthouse Of Southern Mn
The Lighthouse Of Southern Mn (EIN: 263867536) is a nonprofit organization based in Owatonna, MN, classified under NTEE code L41. The organization reported total revenue of $147K and total assets of $480K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Lighthouse Of Southern Mn's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Lighthouse Of Southern Mn is a small nonprofit that has been operating for 16 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $368K |
| Total Expenses | $229K |
| Surplus / Deficit | +$140K |
| Total Assets | $564K |
| Total Liabilities | $7K |
| Net Assets | $557K |
| Operating Margin | 37.9% |
| Debt-to-Asset Ratio | 1.2% |
| Months of Reserves | 29.6 months |
Financial Health Grade: A
In 2023, The Lighthouse Of Southern Mn reported a surplus of $140K with revenue exceeding expenses, holds 29.6 months of operating reserves (strong position), has a debt-to-asset ratio of 1.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Lighthouse Of Southern Mn's revenue has grown at a compound annual growth rate (CAGR) of 17.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +273.3% | +50.6% | +9.9% |
| 2022 | -18.9% | +9.1% | -27.5% |
| 2021 | -73.3% | -11.6% | +14.8% |
| 2020 | +281.3% | +2.0% | +231.9% |
| 2019 | +5.1% | +24.6% | -15.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Lighthouse Of Southern Mn 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 The Lighthouse Of Southern Mn 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 $140K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.2%.
Frequently Asked Questions about The Lighthouse Of Southern Mn
Is The Lighthouse Of Southern Mn a legitimate charity?
The Lighthouse Of Southern Mn (EIN: 263867536) is a registered tax-exempt nonprofit based in Minnesota. It has 13 years of IRS 990 filings on record. Total revenue: $147K. No red flags identified. Financial health grade: A.
How does The Lighthouse Of Southern Mn spend its money?
The Lighthouse Of Southern Mn reported $147K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Lighthouse Of Southern Mn tax-deductible?
The Lighthouse Of Southern Mn is registered as a tax-exempt nonprofit (EIN: 263867536). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Lighthouse Of Southern Mn located?
The Lighthouse Of Southern Mn is headquartered in Owatonna, Minnesota and files with the IRS under EIN 263867536. It is classified under NTEE code L41.
How many years of IRS 990 filings does The Lighthouse Of Southern Mn have?
The Lighthouse Of Southern Mn 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 $147K in total revenue.
Filing History
IRS 990 filing history for The Lighthouse Of Southern Mn showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Lighthouse Of Southern Mn's revenue has grown by 559.3%, moving from $56K to $368K. Total assets increased by 6442.4% over the same period, from $9K to $564K. Total functional expenses rose by 296.3%, from $58K to $229K. In its most recent filing year (2023), The Lighthouse Of Southern Mn reported a surplus of $140K, with revenue exceeding expenses. The organization holds $7K in liabilities against $564K in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $557K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $368K | $229K | $564K | $7K | — | — |
| 2022 | $99K | $152K | $513K | $3K | — | — |
| 2021 | $122K | $139K | $708K | $379 | — | View 990 |
| 2020 | $457K | $158K | $617K | $0 | — | View 990 |
| 2019 | $120K | $154K | $186K | $0 | — | View 990 |
| 2018 | $114K | $124K | $220K | $0 | — | View 990 |
| 2017 | $104K | $117K | $231K | $0 | — | — |
| 2016 | $90K | $109K | $270K | $0 | — | View 990 |
| 2015 | $301K | $119K | $290K | $0 | — | View 990 |
| 2014 | $107K | $100K | $108K | $0 | — | View 990 |
| 2013 | $65K | $71K | $75K | $0 | — | View 990 |
| 2012 | $127K | $136K | $81K | $0 | — | View 990 |
| 2011 | $56K | $58K | $9K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $368K, expenses of $229K, and assets of $564K (revenue +273.3% year-over-year).
- 2022: Revenue of $99K, expenses of $152K, and assets of $513K (revenue -18.9% year-over-year).
- 2021: Revenue of $122K, expenses of $139K, and assets of $708K (revenue -73.3% year-over-year).
- 2020: Revenue of $457K, expenses of $158K, and assets of $617K (revenue +281.3% year-over-year).
- 2019: Revenue of $120K, expenses of $154K, and assets of $186K (revenue +5.1% year-over-year).
- 2018: Revenue of $114K, expenses of $124K, and assets of $220K (revenue +9.8% year-over-year).
- 2017: Revenue of $104K, expenses of $117K, and assets of $231K (revenue +15.7% year-over-year).
- 2016: Revenue of $90K, expenses of $109K, and assets of $270K (revenue -70.1% year-over-year).
- 2015: Revenue of $301K, expenses of $119K, and assets of $290K (revenue +181.3% year-over-year).
- 2014: Revenue of $107K, expenses of $100K, and assets of $108K (revenue +64.8% year-over-year).
- 2013: Revenue of $65K, expenses of $71K, and assets of $75K (revenue -49.1% year-over-year).
- 2012: Revenue of $127K, expenses of $136K, and assets of $81K (revenue +127.6% year-over-year).
- 2011: Revenue of $56K, expenses of $58K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Lighthouse Of Southern Mn:
Data Sources and Methodology
This transparency report for The Lighthouse Of Southern Mn 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.