Lubbock Lighthouse EIN 27-0445167 Form 990 (PDF) Claim this org

Lubbock Lighthouse FY2023 filing

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Offers methadone and Subutex treatment for opiate abuse. For fiscal year 2023 it reported $573K in revenue, $647K in expenses, and $482K in net assets.Pt I

Type
Public charity (501(c)(3)) · Mental Health
Location
Lubbock, TX
Website
www.lubbocklighthouse.org
Filings
5 on file (2021–2023)
Revenue
$573KFY2023
Expenses
$647K
Net assets
$482K
People
4
Filings
5
Updates
0
More identity details & actions ⌄
EIN  27-0445167 Public charity (501(c)(3)) Lubbock, TX
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Offers methadone and Subutex treatment for opiate abuse.
Leadership
Terry McEldowney · Program Director · $86K
Money in and out
$573K revenue, $647K expenses
Bottom line
88% program efficiency
Where the money goes · FY2023
Total revenue
$573K
Pt VIII · Ln 12
Total expenses
$647K
Pt IX · Ln 25
Net assets
$482K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$74K
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.12
Program efficiency
88%
of spending reaches programs
Operating runway
1.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
-13%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$573K
FY2023▼ -16%
Expenses
$647K
FY2023▲ +3%
Total assets
$482K
FY2023▼ -13%
Total liabilities
$0
FY2023
Total revenue
$573K
Pt VIII · Ln 12
Total expenses
$647K
Pt IX · Ln 25
Net assets
$482K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$74K
Total assetsPt X · Ln 16$482K
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 42

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLubbock Lighthouse
EINHdr · item D27-0445167
Principal addressHdr · item CLubbock, TX
WebsiteHdr · item Jwww.lubbocklighthouse.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFMental Health (F20)
Ruling yearIRS BMFDec 2012

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b2
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Program Director
$86,500Pt VII · Sec A
$48,000Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Terry McEldowney 0724 - 0425’s $15K as Director is at the 8th percentile of top reported officer pay among 2082 $100K–1M mental health 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 · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Pete C McLaughlin - Dec8121$55,585$95,960
Terry McEldowney$84,000$86,500$85,000
Kirk McLaughlin$32,023$48,000$23,846
Terry McEldowney 0724 - 0425$14,769

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 $567K of program spending, described in the organization's own filed words · FY2022.
01

Provided treatment and counseling services to help with problems of opiate abuse. On average the organization had 105 individuals in the program being provided services during the year ended 6/30/23.

$567Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue100%$572K
Investment income$1K
Total revenueLn 12$573K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.12
Program services88%$567K
Management & general12%$80K
Total functional expensesLn 25$647K

Balance Sheet

Part X · end of year
CashLn 1$87K
Total assetsLn 16$482K
Total liabilitiesLn 26$0
Total net assetsLn 32$482K
Months of cash on handcomputed1.6

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $87K · Operating expenses/yr $647K
1.6 months
Where the money goes
Program services
Program services $567K · Total expenses $647K
88%
Management & General
Management & general $80K · Total expenses $647K
12%
Fundraising
Fundraising $0 · Total expenses $647K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $150
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $573K
0%
Government reliance
Government grants — · Total revenue $573K
Earned-income share
Program service revenue $572K · Total revenue $573K
100%
Investment reliance
Investment income $1K · Total revenue $573K
+0.2%
Program self-sufficiency
Program service revenue $572K · Total expenses $647K
88%
Growth & trend
Revenue growth (YoY)
This year $573K · Prior year $680K
-16%
Net-asset trend (YoY)
End of year $482K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $573K · Expenses $647K
-13%
Liabilities-to-Assets
Total liabilities — · Total assets $482K
Net-asset ratio
Net assets $482K · Total assets $482K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $482K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Terry McEldowney · Reported title PROGRAM DIRECTOR · Highest reported compensation $86K · Total expenses $647K
13%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $437K · Total expenses $647K
68%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 88%
Overhead ratio 12%
Revenue growth -16%
Accounting fee ratio 0.2%

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.

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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
FY2025 (Latest)$492K revenue · ⤓ 990 PDF
FY2024$510K revenue · ⤓ 990 PDF
FY2023$573K revenue · viewing · ⤓ 990 PDF
FY2022$680K revenue · ⤓ 990 PDF
FY2021$813K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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