Light from Light INC EIN 20-0952439 Form 990 (PDF) Claim this org

Light from Light INC FY2021 filing

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Empowering communities with sustainable solutions to improve quality of life. For fiscal year 2021 it reported $971K in revenue, $1.0M in expenses, and $547K in net assets.Pt I

Type
Public charity (501(c)(3)) · International
Location
Atlanta, GA
Website
www.lightfromlight.me
Filings
5 on file (2020–2021)
Revenue
$971KFY2021
Expenses
$1.0M
Net assets
$547K
People
13
Filings
5
Updates
0
More identity details & actions ⌄
EIN  20-0952439 Public charity (501(c)(3)) Atlanta, GA
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Size
$1–10M
What they do
Empowering communities with sustainable solutions to improve quality of life.
Leadership
Elaine Wright · Employee · $64K
Money in and out
$971K revenue, $1.0M expenses
Bottom line
90% program efficiency
Where the money goes · FY2021
Total revenue
$971K
Pt VIII · Ln 12
Total expenses
$1.0M
Pt IX · Ln 25
Net assets
$547K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$77K
Where spending went · Part IX cols B–D
Program services $0.90 Management & general $0.03 Fundraising $0.07
Program efficiency
90%
of spending reaches programs
Operating runway
6.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
-8%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$971K
FY2021▼ -4%
Expenses
$1.0M
FY2021▲ +30%
Total assets
$552K
FY2021▼ -12%
Total liabilities
$5K
FY2021▲ +52%
Total revenue
$971K
Pt VIII · Ln 12
Total expenses
$1.0M
Pt IX · Ln 25
Net assets
$547K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$77K
Total assetsPt X · Ln 16$552K
Program-expense ratioPt IX · col B90%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411
Mission & Programs · Part III

Where the work happens

3 program services account for $941K of program spending, described in the organization's own filed words · FY2021.
01

Support goes to the nutrition prgram at lespwa timoun hope for children clinic, which feeds malnourished children from birth to five yers old. Children receive medical care and nutritional supplements at the clinic in croix des bouquets, haiti and 7 additional locations in nearby communities.

$504Kprogram expense
02

Support for medical programs and services offered by lespwa timoun hope for children clinic. Support for on-the-ground missionaries and other programs that help improve the quality of life for people in and near croix des bouquets, haiti.

$342Kprogram expense
03

Designated gifts supporting primary school tuition and lunch canteens at schools ran by the saint simeon parish of the episcopal church, diocese of haiti.

$94Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLight from Light INC
EINHdr · item D20-0952439
Principal addressHdr · item CAtlanta, GA
WebsiteHdr · item Jwww.lightfromlight.me
Year of formationHdr · item Lpending
State of legal domicileHdr · item MGA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFInternational (Q33)
Ruling yearIRS BMFSep 2004

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aNo
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
$63,800Pt VII · Sec A
Executive Director
$60,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Member
$0Pt VII · Sec A
$0Pt VII · Sec A

Alan B Seelinger’s $144K as Executive Director is at the 55th percentile of top reported officer pay among 1169 $1–10M international nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Alan B Seelinger$144,200$141,292$40,385
Elaine Wright$63,800$62,307
Hannah Jones$60,000$37,500

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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Statement of Revenue

Part VIII
Contributions & grants$822K · 85%
Other revenue$149K · 15%
Contributions & grants85%$822K
Other revenue15%$149K
Total revenueLn 12$971K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.90 Management & general $0.03 Fundraising $0.07
Program services90%$941K
Management & general3%$34K
Fundraising7%$74K
Total functional expensesLn 25$1.0M

Balance Sheet

Part X · end of year
CashLn 1$552K
Total assetsLn 16$552K
Total liabilitiesLn 26$5K
Total net assetsLn 32$547K
Months of cash on handcomputed6.3

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $552K · Operating expenses/yr $1.0M
6.3 months
Where the money goes
Program services
Program services $941K · Total expenses $1.0M
90%
Management & General
Management & general $34K · Total expenses $1.0M
3%
Fundraising
Fundraising $74K · Total expenses $1.0M
7%
Cost to raise $1
Fundraising expense (2-yr avg) $71K · Solicited contributions (2-yr avg) $877K
$0.08 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $822K · Total revenue $971K
85%
Government reliance
Government grants — · Total revenue $971K
Earned-income share
Program service revenue $0 · Total revenue $971K
0%
Investment reliance
Investment income $0 · Total revenue $971K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $1.0M
0%
Growth & trend
Revenue growth (YoY)
This year $971K · Prior year $1.0M
-4%
Net-asset trend (YoY)
End of year $547K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $971K · Expenses $1.0M
-8%
Liabilities-to-Assets
Total liabilities — · Total assets $552K
Net-asset ratio
Net assets $547K · Total assets $552K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $552K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Elaine Wright · Reported title EMPLOYEE · Highest reported compensation $64K · Total expenses $1.0M
6%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $207K · Total expenses $1.0M
20%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 90%
Overhead ratio 3%
Fundraising cost ratio 9%
Revenue growth -4%
Investment management fee ratio 0%
Legal fee ratio 0.8%
Accounting fee ratio 0%

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 · FY2024
See all 7 funders →

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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)$1.1M revenue · ⤓ 990 PDF
FY2023$988K revenue · ⤓ 990 PDF
FY2022$915K revenue · ⤓ 990 PDF
FY2021$971K revenue · viewing · ⤓ 990 PDF
FY2020$1.0M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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