Guiding Light Mentoring EIN 47-1683576 Form 990 (PDF) Claim this org

Guiding Light Mentoring FY2021 filing

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Connects youth ages 8-18 with positive role models and teaches relationship skills. For fiscal year 2021 it reported $219K in revenue, $117K in expenses, and $167K in net assets.Pt I

Type
Public charity (501(c)(3)) · Youth Development
Location
Cincinnati, OH
Filings
6 on file (2020–2021)
Revenue
$219KFY2021
Expenses
$117K
Net assets
$167K
People
6
Filings
6
Updates
0
More identity details & actions ⌄
EIN  47-1683576 Public charity (501(c)(3)) Cincinnati, OH
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Connects youth ages 8-18 with positive role models and teaches relationship skills.
Leadership
Timothy Gillespie · Board Member
Money in and out
$219K revenue, $117K expenses
Bottom line
100% program efficiency
Where the money goes · FY2021
Total revenue
$219K
Pt VIII · Ln 12
Total expenses
$117K
Pt IX · Ln 25
Net assets
$167K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $103K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs
Operating runway
17.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+47%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$219K
FY2021▲ +82%
Expenses
$117K
FY2021
Total assets
$169K
FY2021
Total liabilities
$2K
FY2021
Total revenue
$219K
Pt VIII · Ln 12
Total expenses
$117K
Pt IX · Ln 25
Net assets
$167K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$103K
Total assetsPt X · Ln 16$169K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGuiding Light Mentoring
EINHdr · item D47-1683576
Principal addressHdr · item CCincinnati, OH
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFYouth Development (O50)
Ruling yearIRS BMFFeb 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
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
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
CEO/Executiv
$0Pt VII · Sec A
$0Pt VII · Sec A

Latisha Owens’s $50K as Founder & PR is at the 39th percentile of top reported officer pay among 1984 $100K–1M youth development 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

NameFY2025FY2024FY2023FY2022
Latisha Owens$50,000$50,000$51,251$44,845
Jalen Rose$1,417
Rachael Dubose$250$1,050$1,026

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

3 program services account for $10K of program spending, described in the organization's own filed words · FY2021.
01

I Am Me Youth Summit

A one day event aimed at empowering youth grades 7- 12 throught building confidence and resilience to embrace who they are. Program engages you where htey interact with GOVENMENT/CORPORATE leaders. 3 adults attended and 6 helped; 27 youths attended

$5Kprogram expense
02

Community based mentorship is focused on increasing the number o funderserved youth through community based education.

$4Kprogram expense
03

I am me youth leadershi program is committed to creating future leaders. This 5 week progam supports youth throught three principles: grwong TALENT/DEVELOPING oneself colaboration and making a difference. 4 adults and 45 students attended. 1 youth helped.

$921program expense

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Statement of Revenue

Part VIII
Contributions & grants$160K · 73%
Program service revenue$50K · 23%
Other revenue$9K · 4%
Contributions & grants73%$160K
Program service revenue23%$50K
Other revenue4%$9K
Investment income$1
Total revenueLn 12$219K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$117K
Total functional expensesLn 25$117K

Balance Sheet

Part X · end of year
CashLn 1$165K
Total assetsLn 16$169K
Total liabilitiesLn 26$2K
Total net assetsLn 32$167K
Months of cash on handcomputed17.0

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $165K · Operating expenses/yr $117K
17.0 months
Where the money goes
Program services
Program services $117K · Total expenses $117K
100%
Management & General
Management & general $0 · Total expenses $117K
0%
Fundraising
Fundraising $0 · Total expenses $117K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $160K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $160K · Total revenue $219K
73%
Government reliance
Government grants — · Total revenue $219K
Earned-income share
Program service revenue $50K · Total revenue $219K
23%
Investment reliance
Investment income $1 · Total revenue $219K
<0.01%
Program self-sufficiency
Program service revenue $50K · Total expenses $117K
43%
Growth & trend
Revenue growth (YoY)
This year $219K · Prior year $121K
+82%
Net-asset trend (YoY)
End of year $167K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $219K · Expenses $117K
+47%
Liabilities-to-Assets
Total liabilities — · Total assets $169K
Net-asset ratio
Net assets $167K · Total assets $169K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $169K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Timothy Gillespie · Reported title BOARD MEMBER · Highest reported compensation $0 · Total expenses $117K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $40K · Total expenses $117K
34%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Revenue growth 82%
Legal fee ratio <0.01%

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 5 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
FY2025 (Latest)$373K revenue · ⤓ 990 PDF
FY2024$253K revenue · ⤓ 990 PDF
FY2023$239K revenue · ⤓ 990 PDF
FY2022$265K revenue · ⤓ 990 PDF
FY2021$219K revenue · viewing · ⤓ 990 PDF
FY2020$121K 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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