Richard U Light Foundation
Only null% goes to programs Thin reserves Declining revenue
Richard U Light Foundation is a 501(c)(3) organization based in Kalamazoo, Michigan, registered in 1983, with $18,781 in FY2022 revenue. CharityIndex grades it F.
136 E Michigan Ave 800, Kalamazoo, MI, 49007 EIN 38-2456949 Since 1983
Revenue (FY2022)
$19K
▼ 99.9% vs prior year
Education median: $200K
Expenses (FY2022)
$649K
Net assets
$0
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Richard U Light Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · -3353% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Richard U Light Foundation: 0 mo reserves · -3353% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Richard U Light Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FTransparency10% of the rating0 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Richard U Light Foundation: 0 of 5 disclosure signals earns a F on this criterion. See the exact thresholds →
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Contact & location
- Address
- 136 E Michigan Ave 800, Kalamazoo, MI, 49007
- City
- Kalamazoo
- State
- Michigan
- Category
- Education
- Subcategory
- Student Services & Aid
Financial trends
Revenue declined from $3.9M (FY2014) to $19K (FY2022) across 9 reported years.
Financial snapshot
Financial health & position (FY2022)
Operating margin
-3353.0%
Spent more than it raised in the latest fiscal year.
Total assets
$0
Total liabilities
$0
Net assets
$0
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2022 | $18,781▼99.9% | $648,511▼99.1% | $0▼100% | $0▼100% | 990 |
| 2021 | $25,417,215▲108% | $73,691,709▲6237% | $629,730▼99.3% | $629,730▼99.3% | 990 |
| 2020 | $12,217,550▲806% | $1,162,813▲13.9% | $85,884,105▲25.9% | $85,884,105▲25.9% | 990 |
| 2019 | $1,348,895▼76.6% | $1,021,192▼51.7% | $68,239,037▲10.3% | $68,239,037▲10.3% | 990 |
| 2018 | $5,769,119▲46.2% | $2,115,168▼0.8% | $61,876,438▲11.4% | $61,876,438▲11.4% | 990 |
| 2017 | $3,947,262▲1393% | $2,132,735▲9.8% | $55,560,805▲12.6% | $55,560,805▲12.6% | 990 |
| 2016 | $264,362▼92.4% | $1,941,970▲5.7% | $49,328,965▲6.8% | $49,328,965▲6.8% | 990 |
| 2015 | $3,472,594▼11.7% | $1,838,105▲12.7% | $46,171,027▼3.1% | $46,171,027▼3.1% | 990 |
| 2014 | $3,932,043 | $1,630,858▼47.3% | $47,630,847▼35.1% | $47,630,847▼35.1% | 990 |
| 2012 | — | $3,092,442▲2.6% | $73,444,237▲9.6% | $73,444,237▲9.6% | 990 |
| 2011 | — | $3,014,579▼3.9% | $67,008,411▲2.3% | $67,008,411▲2.3% | 990 |
| 2010 | — | $3,136,558 | $65,510,635 | $65,510,635 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Richard U Light Foundation a legitimate nonprofit?
- Yes. Richard U Light Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 38-2456949, based in Kalamazoo, Michigan. Donations are tax-deductible.
- What is Richard U Light Foundation's EIN?
- Richard U Light Foundation's Employer Identification Number (EIN) is 38-2456949.
- How much revenue does Richard U Light Foundation report?
- Richard U Light Foundation reported $18,781 in total revenue on its fiscal year 2022 IRS Form 990 filing.
- What financial grade does Richard U Light Foundation have?
- CharityIndex grades Richard U Light Foundation F, based on financial health (reserves and operating margin).
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Data for Richard U Light Foundation (EIN 38-2456949) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.