Lux in Tenebris Incorporated (EIN 870960564) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2021

Legal Domicile

Principal Officer

Damilare Adeoye

Tax Period

2022-01-01 to 2022-12-31

Lux in Tenebris Incorporated, founded in 2021, is a small nonprofit in the Religion sector that reported $216K in total revenue in fiscal year 2022. Expenses of $209K left a modest 3% surplus.

Mission

Lux in Tenebris's mission is to help spread the preaching of the true gospel of Christ in Nigeria by facilitating the provision of financial support to reformed churches theological outreaches such as seminaries pastoral training and all efforts that are aimed at Sound Biblical Education in Nigeria.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $215,630

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $215,630

Expense Breakdown

Grants Paid $190,966

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $199,128

Other Expenses $18,041

TOTAL EXPENSES $209,007

Year-over-Year Comparison

	2022	2021	Change
Revenue	$215,630	N/A	N/A
Expenses	$209,007	N/A	N/A
Net Income	$6,623	N/A	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Timothy Babatunde	Director	10.00	Director	$0	$0	$0
Olumide Olumide	President	20.00	Officer	$0	$0	$0
Damilare Adeoye	Treasurer	20.00	Officer	$0	$0	$0
David Jackson	Secretary	10.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2022	$215,630	$209,007	$11,985	$6,623

Lux in Tenebris Incorporated