Presentation Lantern EIN 13-4224124 Form 990 (PDF) Claim this org

Presentation Lantern FY2020 filing

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Welcomes, educates, and advocates for adult immigrants. For fiscal year 2020 it reported $322K in revenue, $204K in expenses, and $3.0M in net assets.Pt I

Type
Public charity (501(c)(3)) · Nonprofit
Location
Dubuque, IA
Website
www.presentationlanterndbq.org
Filings
5 on file (2020–2020)
Revenue
$322KFY2020
Expenses
$204K
Net assets
$3.0M
People
11
Filings
5
Updates
0
More identity details & actions ⌄
EIN  13-4224124 Public charity (501(c)(3)) Dubuque, IA
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Welcomes, educates, and advocates for adult immigrants.
Leadership
Megan Ruiz · Executive Director · $48K
Money in and out
$322K revenue, $204K expenses
Bottom line
52% program efficiency
Where the money goes · FY2020
Total revenue
$322K
Pt VIII · Ln 12
Total expenses
$204K
Pt IX · Ln 25
Net assets
$3.0M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $118K
Where spending went · Part IX cols B–D
Program services $0.52 Management & general $0.47 Fundraising $0.01
Program efficiency
52%
of spending reaches programs
Operating runway
167.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
+37%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$322K
FY2020
Expenses
$204K
FY2020
Total assets
$3.0M
FY2020
Total liabilities
$0
FY2020
Total revenue
$322K
Pt VIII · Ln 12
Total expenses
$204K
Pt IX · Ln 25
Net assets
$3.0M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$118K
Total assetsPt X · Ln 16$3.0M
Program-expense ratioPt IX · col B52%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPresentation Lantern
EINHdr · item D13-4224124
Principal addressHdr · item CDubuque, IA
WebsiteHdr · item Jwww.presentationlanterndbq.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFMar 1946

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$48,300Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Megan Ruiz$70,000$63,642$55,375$56,816$48,300

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

1 program service account for $107K of program spending, described in the organization's own filed words · FY2020.
01

The center offers hospitality, educational opportunities and advocacy to adult immigrants, especially women, who are striving to better their lives. In 2020, 150 volunteers gave a total of 5,000 hours of volunteer service to support the PROGRAMS.THE center provided united states history and government tutoring in preparation for the…

$107Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$306K · 95%
Investment income$15K · 5%
Contributions & grants95%$306K
Investment income5%$15K
Total revenueLn 12$322K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.52 Management & general $0.47 Fundraising $0.01
Program services52%$107K
Management & general47%$96K
Fundraising1%$2K
Total functional expensesLn 25$204K

Balance Sheet

Part X · end of year
CashLn 1$75K
Total assetsLn 16$3.0M
Total liabilitiesLn 26$0
Total net assetsLn 32$3.0M
Months of cash on handcomputed4.4

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2.8M · Operating expenses/yr $204K
167.6 months
Where the money goes
Program services
Program services $107K · Total expenses $204K
52%
Management & General
Management & general $96K · Total expenses $204K
47%
Fundraising
Fundraising $2K · Total expenses $204K
0.8%
Cost to raise $1
Fundraising expense $2K · Solicited contributions $306K
$0.01 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $306K · Total revenue $322K
95%
Government reliance
Government grants — · Total revenue $322K
Earned-income share
Program service revenue $0 · Total revenue $322K
0%
Investment reliance
Investment income $15K · Total revenue $322K
+5%
Program self-sufficiency
Program service revenue $0 · Total expenses $204K
0%
Growth & trend
Revenue growth (YoY)
This year $322K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $3.0M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $322K · Expenses $204K
+37%
Liabilities-to-Assets
Total liabilities — · Total assets $3.0M
Net-asset ratio
Net assets $3.0M · Total assets $3.0M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $2.8M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $3.0M
93%
People & payroll
Highest Reported Total Compensation
Individual Megan Ruiz · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $48K · Total expenses $204K
24%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $123K · Total expenses $204K
60%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 52%
Overhead ratio 47%
Fundraising cost ratio 0.5%
Investment management fee ratio 0.07%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$40K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$451K revenue · ⤓ 990 PDF
FY2023$224K revenue · ⤓ 990 PDF
FY2022$181K revenue · ⤓ 990 PDF
FY2021$279K revenue · ⤓ 990 PDF
FY2020$322K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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