Friends of the Oak Island Lighthouse
Nonprofit profile at a glance
- EIN
- 202548830
- IRS 990-EZ coverage
- 2010–2025
- Forms available
- Form 990-EZ 2025
- Location
- Caswell Beach, NC, USA
- Phone
- 9102784653
- Rating
- 43
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Historical Societies, Related Historical Activities
Reported finances
- Revenue
- $53,825
- Expenses
- $12,073
- Assets
- $153,157
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
4 people listed
People named in this filing
- Bon ahlers (Chairperson)
- Harry DeHaven (Vice-Chairperson)
- Tom Kitchings (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Protection, preservation, maintenance, and development of the Oak Island Lighthouse site and related oceanfront property for the public good.
What it reported doing in 2025
Continued to maintain the lighthouse grounds. Repaired the walkway from the lighthouse to the beach access. Added to and renewed informational signs along the walkway.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 5
- Transparency & Controls: 82
- Sustainability: 87
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 2.5%; rating input score 2
- Program expense ratio: 10.9%; rating input score 11
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 77.6%; rating input score 96; 96th percentile among comparable filings
- Total-asset coverage ratio: 12.69; rating input score 93; 93rd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -2.5% per year; rating input score 0; 41st percentile among comparable filings
- Revenue growth: 7% per year; rating input score 100; 75th percentile among comparable filings
- Asset growth: 8.5% per year; rating input score 100; 66th percentile among comparable filings
Details
- Where the money goes: 2.5% of revenue deployed · 10.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $1K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 16 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 2/100.
- High — Financial Efficiency: Program expense ratio scored 11/100.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.