Light Up to Live Inc

Nonprofit profile at a glance

EIN
820635428
IRS 990 coverage
2018–2024
Forms available
Form 990 2024, Form 990-EZ 2017
Location
Dallas, TX, USA
Phone
2143491430
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
Brain Disorders

Official website

Reported finances

Revenue
$667,481
Expenses
$674,365
Assets
$661,823
Liabilities
$3,755

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • RANDALL REED (PRESIDENT)
  • SHELBY REED (VICE PRESIDENT)

People named in this filing

  • RANDALL REED (PRESIDENT)
  • SANDI VAUGHN (TREASURER)
  • SHELBY REED (VICE PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

See schedule o disclosure

What it reported doing in 2024

Light up to live, inc. Was incorporated on january 5, 2017 which was the initial year of operations. Light up to live, inc. Is organized exclusively for those charitable, scientific, literary or educational purposes within the meaning of and pursuant to section 501(c)(3) of the internal revenue code of 1986 (or under the corresponding provision of any future united states internal revenue law), including but not limited to the purposes of: (1) providing low-cost medical education, awareness and treatment pathways to assist us veterans and other individuals and families throughout the united states who suffer from brain injuries and related pain; (2) undertaking or supporting research projects, community programs and grants specifically designed to facilitate adequate medical education, treatment and assistance for veterans and other individuals and families with brain injuries; (3) providing and creating a holistic approach to brain health and treatment; (4) providing low cost pain mitigation and treatment solutions and access to light therapy for veterans and other individuals and families in the community inflicted with brain injuries (5) receiving contributions from individuals, corporations, foundations and other institutions that wish to encourage holistic, drug treatment alternative for brain injury and related pain.

Operating model

Revenue model
Donor-supported. 98% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 74% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 100
  • Accountability: 88
  • Sustainability: 46
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 97.1%; rating input score 97
  • Program expense ratio: 96%; rating input score 96
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -1%; rating input score 33; 33rd percentile among comparable filings
  • Total-asset coverage ratio: 0.98; rating input score 42; 42nd percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 73; 73rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 32% per year; rating input score 100; 91st percentile among comparable filings
  • Revenue growth: 23.7% per year; rating input score 100; 89th percentile among comparable filings
  • Asset growth: 24.5% per year; rating input score 100; 87th percentile among comparable filings

Details

  • Where the money goes: 97.1% of revenue deployed · 96% of spending went to programs
  • Governance: 8 of 8 board members independent · 5 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $648K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 28 of 28 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 7 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 4 filed related-organization links
  • 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.

  • Moderate — Sustainability: Operating margin scored 33/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 42/100.