Midwest Lighting Institute Inc

Nonprofit profile at a glance

EIN
463310642
IRS 990-EZ coverage
2014–2024
Forms available
Form 990-EZ 2024, Form 990-N 2013
Location
Cottage Grove, WI, USA
Phone
6086615555
Rating
40
Verdict
MIXED
Rating confidence
Moderate
Sector
Health - General and Rehabilitative N.E.C.

Reported finances

Revenue
$120,100
Expenses
$0
Assets
$206
Liabilities
$128,287

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

Leadership & pay

3 people listed

People named in this filing

  • RODNEY HELLER (CHAIRMAN)
  • ANTHONY HELLER (DIRECTOR)
  • JENNA HELLER (DIRECTOR)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Mli will foster innovative applications of new energy-saving lighting technologies through mli-funded research that speeds adoption and understanding of those technologies for the improvement of human health, safety, and productivity.

What it reported doing in 2024

The midwest lighting institute's (mli) research is targeted to specific human needs based on the possible impact of lighting. It is unique in its formulation, principled approach, and economic potential. Mli is not a research institution; rather, it takes existing lighting research, looks for possible practical and cost-effective lighting applications, and seeks out the best team of consultants and/or universities to develop the protocol and perform the necessary research. As a result, mli research is not dependent on any specific university program limitation or faculty bias or personal interest. Projects will be run more efficiently and be outcome-directed and will minimize the overhead costs normally associated with university research. Mli research is targeted and specific to attain realistic applicable results with the goal of rapid market deployment to meet the mlo mission. The novel approach to lighting research includes unexplored opportunities and/or underutilized knowledge such as light dosing for human health and visual performance, spectral investigations for optimizing visual performance, long-term effects of light dosing on specific populations, and energy-saving technology demonstrations including novel lighting design methods. These categories represent significant potential income streams given the nature of the current lighting science and discoveries in just the last five years.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 100
  • Sustainability: 0
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: 622.75; rating input score 0; 0th percentile among comparable filings
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: -8.5% per year; rating input score 0; 16th percentile among comparable filings
  • Revenue growth: -10% per year; rating input score 0; 5th percentile among comparable filings
  • Asset growth: -27% per year; rating input score 0; 5th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 10 filing years from 2014 to 2024
  • 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 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.