Lighthouse Vision Fund FY2021 filing

New Holland, PA · Unknown exempt organization

Latest data FY2021
Revenue
$94K
▼ -11% vs prior year
Spent
$236K
To programs
69%
Net assets
$211K
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2022) →

Form 990 for the fiscal year ending June 2021 (IRS tax year 2020).

Status and standing

Tax-deductible?
Not on file
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
No filing since FY2021 — 5 yrs
Foundation funders?
1 funder — Anabaptist Foundation
$33K in the latest grant year.
Spent on programs?
69% to programs
Form 990 Part IX, latest filing.
Size and trend
<$100K
↓ -11% vs prior year
Legal name (IRS)Hdr · item CLighthouse Vision Fund
EINHdr · item D27-2919560
Exempt statusHdr · item I501(c)(3) · active
Latest filingForm 990FY2022 · Form 990
Principal addressHdr · item CNew Holland, PA
NTEE classificationIRS BMFNonprofit

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.69 Management & general $0.25 Fundraising $0.06
Program services69%$163K
Management & general25%$59K
Fundraising6%$14K
Total functional expensesLn 25$236K

Financial health

Revenue & expenses by yearFY2020–FY2022
Revenue
$94K
FY2021▼ -11%
Expenses
$236K
FY2021▼ -17%
Surplus margin
-151%
revenue over expenses, this year
Program spending
69%
of expenses reach programs

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Total assets
$232K
FY2021▼ -34%
Total liabilities
$21K
FY2021
Revenue less expensesPt I · Ln 19−$142K
Total assetsPt X · Ln 16$232K
Program-expense ratioPt IX · col B69%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44

Balance Sheet

Part X · end of year
CashLn 1$62K
Total assetsLn 16$232K
Total liabilitiesLn 26$21K
Total net assetsLn 32$211K
Months of cash on handcomputed3.1

Statement of Revenue

Part VIII
Contributions & grants$71K · 75%
Investment income$19K · 20%
Other revenue$4K · 4%
Contributions & grants75%$71K
Investment income20%$19K
Other revenue4%$4K
Total revenueLn 12$94K

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $62K · Operating expenses/yr $236K
3.1 months
Where the money goes
Program services
Program services $163K · Total expenses $236K
69%
Management & General
Management & general $59K · Total expenses $236K
25%
Fundraising
Fundraising $14K · Total expenses $236K
6%
Cost to raise $1
Fundraising expense (2-yr avg) $13K · Solicited contributions (2-yr avg) $65K
$0.19 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $71K · Total revenue $94K
75%
Government reliance
Government grants — · Total revenue $94K
—
Earned-income share
Program service revenue $0 · Total revenue $94K
0%
Investment reliance
Investment income $19K · Total revenue $94K
+20%
Program self-sufficiency
Program service revenue $0 · Total expenses $236K
0%
Growth & trend
Revenue growth (YoY)
This year $94K · Prior year $106K
-11%
Net-asset trend (YoY)
End of year $211K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $94K · Expenses $236K
-151%
Liabilities-to-Assets
Total liabilities — · Total assets $232K
—
Net-asset ratio
Net assets $211K · Total assets $232K
91%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $232K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Kirt Barden · Reported title CEO · Highest reported compensation $0 · Total expenses $236K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $236K
—
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 69%——
Overhead ratio 25%——
Fundraising cost ratio 20%——
Revenue growth -11%——
Accounting fee ratio 4%——

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.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Officer
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Officer
$0Pt VII · Sec A
See Lighthouse Vision Fund executive salaries →

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
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

Mission and programs

Helps people with developmental disabilities gain job skills and find fulfilling futures.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

1 program service account for $163K of program spending, described in the organization's own filed words · FY2020.
01

To assist lighthouse vocational services in providing vocational services for persons with developmental disabilities to promote personal growth, opportunity and hope for their future.

$163Kprogram expense

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Funders

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2022
Total grants receivedfrom 1 funder$33K

Filing history

YearRevenueExpensesChangeFiling
FY2022 Latest $8K—-92% 990 PDF
FY2021 Viewing $94K$236K-11% 990 PDF
FY2020 $106K$282K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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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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