Lighthouse INC FY2020 filing
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Empowering Cleveland's Central Neighborhood kids with resources and opportunities to reach their full potential. For fiscal year 2020 it reported $89K in revenue, $75K in expenses, and $61K in net assets.Pt I
Summary of the Filing
Where the work happens
The Lighthouse, HeavenTrain Bus completed it's 38th year in 2019 and reaches an estimated 400 children twice a month from May through December. The bus operates in Cleveland's Central public housing neighborhoods. The emphasis is on early social development, family commitment and religious education.
Youth Development Programs
Lighthouse provides the coaching/training, uniforms, travel needs as well as tournament entry fees for our AAU basketball team. The players are from the local public schools from grade 6 to 8. These young players are also taught team building, and self and social development skills.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 69% | — | — |
| Overhead ratio | 28% | — | — |
| Fundraising cost ratio | 3% | — | — |
| Accounting fee ratio | 11% | — | — |
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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