Son Light Missions EIN 23-7099150

Son Light Missions

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Supports Christian missionary work and provides aid to the needy worldwide. For fiscal year 2024 it reported $458K in revenue, $422K in expenses, and $613K in net assets.Pt I

Type
Public charity (501(c)(3)) · International
Location
Brooksville, MS
Website
sonlightmissions.org
Filings
5 on file (2020–2024)
Revenue
$458KFY2024
Expenses
$422K
Net assets
$613K
People
8
Filings
5
Updates
0
More identity details & actions ⌄
EIN  23-7099150 Public charity (501(c)(3)) Brooksville, MS
Form 990 (PDF)
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Size
$100K–1M
What they do
Supports Christian missionary work and provides aid to the needy worldwide.
Leadership
Edwin Wadel · Treasurer
Money in and out
$458K revenue, $422K expenses
Bottom line
92% program efficiency
Where the money goes · FY2024
Total revenue
$458K
Pt VIII · Ln 12
Total expenses
$422K
Pt IX · Ln 25
Net assets
$613K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $36K
Where spending went · Part IX cols B–D
Program services $0.92 Management & general $0.06 Fundraising $0.02
Program efficiency
92%
of spending reaches programs▼ -3% vs prior filing year
Operating runway
10.6mo
months of highly liquid reserves at operating expense rate▲ +54% vs prior filing year
Surplus margin
+8%
revenue over expenses, this year▲ +279% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$458K
FY2024▼ -15%
Expenses
$422K
FY2024▼ -20%
Total assets
$620K
FY2024▲ +6%
Total liabilities
$7K
FY2024-0.1%
Total revenue
$458K
Pt VIII · Ln 12
Total expenses
$422K
Pt IX · Ln 25
Net assets
$613K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$36K
Total assetsPt X · Ln 16$620K
Program-expense ratioPt IX · col B92%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

1 program service account for $390K of program spending, described in the organization's own filed words · FY2024.
01

SLM supports various charitable program activities in romania, haiti and india. In haiti, SLM was able to provide aid to several schools, churches, and economic assistance to needy people. In romania and india, SLM was able to conduct its program activiy by funding assistance to third party organizations.

$390Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSon Light Missions
EINHdr · item D23-7099150
Principal addressHdr · item CBrooksville, MS
WebsiteHdr · item Jsonlightmissions.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMS
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFInternational (Q330)
Ruling yearIRS BMFMar 1971

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
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
Treasurer
$0Pt VII · Sec A
Haiti Chairman
$0Pt VII · Sec A
Romania Chair
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Former Treasurer
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants101%$463K
Total revenueLn 12$458K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.92 Management & general $0.06 Fundraising $0.02
Program services92%$390K
Management & general6%$26K
Fundraising2%$7K
Total functional expensesLn 25$422K

Balance Sheet

Part X · end of year
CashLn 1$372K
Total assetsLn 16$620K
Total liabilitiesLn 26$7K
Total net assetsLn 32$613K
Months of cash on handcomputed10.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $372K · Operating expenses/yr $422K
10.6 months
Where the money goes
Program services
Program services $390K · Total expenses $422K
92%
Management & General
Management & general $26K · Total expenses $422K
6%
Fundraising
Fundraising $7K · Total expenses $422K
2%
Cost to raise $1
Fundraising expense (3-yr avg) $7K · Solicited contributions (3-yr avg) $517K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $463K · Total revenue $458K
101%
Government reliance
Government grants — · Total revenue $458K
Earned-income share
Program service revenue $0 · Total revenue $458K
0%
Investment reliance
Investment income $0 · Total revenue $458K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $422K
0%
Growth & trend
Revenue growth (YoY)
This year $458K · Prior year $536K
-15%
Revenue CAGR
FY2020 $436K · FY2024 $458K
+1%
Net-asset trend (YoY)
End of year $613K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $458K · Expenses $422K
+8%
Liabilities-to-Assets
Total liabilities — · Total assets $620K
Net-asset ratio
Net assets $613K · Total assets $620K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $620K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Edwin Wadel · Reported title TREASURER · Highest reported compensation $0 · Total expenses $422K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $32K · Total expenses $422K
8%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 92%
Overhead ratio 6%
Fundraising cost ratio 1%
Revenue growth -15%
Legal fee ratio 1%
Accounting fee ratio 2%

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
Total grants receivedfrom 2 funders$336K

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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)$458K revenue · viewing · ⤓ 990 PDF
FY2023$536K revenue · ⤓ 990 PDF
FY2022$555K revenue · ⤓ 990 PDF
FY2021$433K revenue · ⤓ 990 PDF
FY2020$436K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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