Arts, Culture & Humanities
(A84)
990 on File
TRAIL OF LIGHTS FOUNDATION
Financial strength (30%)
65/100
Reliability (20%)
50/100
Effectiveness (25%)
75/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2025
$2.3M
Total Revenue
$2.3M
Total Expenses
$303K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
93.6%
Fundraising Efficiency
N/A
Operating Reserve
1.56x
Liability-to-Asset
67.3%
Revenue Diversification
60.5%
Executive Compensation
$118K
Compared with Peers
FY 2025
Compared with 1,930 similar organizations
(United States, Arts, Culture & Humanities, $1M–$10M in expenses), FY 2025.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
93.6% | 77.7% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
5.3% | 14.2% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
1.1% | 5.9% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
1.6 mo | 15.8 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
67.3% | 11.4% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
60.5% | 70.6% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
0.6% | 7.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
7.3% | 5.4% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-3.1% | 0.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $2.3M | $2.3M | $303K | 93.6% | 0 |
| 2024 | $2.2M | $2.2M | $372K | 90.8% | 0 |
| 2023 | $2.7M | $2.4M | $298K | 95.0% | 0 |
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