Lighthouse Childrens Homes INC FY2020 filing

Tax-deductible

Kosciusko, MS501(c)(3)Human ServicesEIN 47-2647113Revenue $1.0M in FY2020

On file with the IRSPo Box 730, 39090-0730 · Kosciusko, MSTax-exempt since Feb 2016Publicly supported charity — 170(b)(1)(A)(vi)

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Corporation exists to establish and maintain children's Homes, hospitals, chapels, churches, and orphanages in the united states and in foreign countries and any other purpose consistent with the laws of the state of mississippi.

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $16K a year · 2% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
6 mo
of spending, in cash
Looks good: 6.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $6K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
−$581
-0.08% of total assets
Looks good: liabilities are -0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.0M
Spent
$914K
To programs
85%
Net assets
$706K
By yearFY2020–FY2024
Revenue
$1.0M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$1.0M
FY2021$671K
FY2022$820K
FY2023$828K
FY2024$907K
Expenses
$914K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$914K
FY2021$642K
FY2022$826K
FY2023$872K
FY2024$897K
Net assets
$706K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$706K
FY2021$736K
FY2022$729K
FY2023$686K
FY2024$696K

From the FY2020 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2016.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $777K Management & general 15% · $137K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

10 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Ron Black’s $16K as Treasurer is at the 8th percentile of top reported officer pay among 2168 $100K–1M human services 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 · 2 named individuals · Part VII

NameFY2022FY2021
Ron Black$16,140$15,900
Paula Neff$10,760$10,600

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Builds and supports homes, hospitals, and orphanages for children in the US and abroad.

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Provided by the organization

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1 program · $777K · in their own filed words · FY2020
01

Provided housing, schooling, medical, food, and counseling for all the children in the 7 homes. Made trips to each of the homes to monitor operations. We also updated building, vehicles, and equipment in all of the homes.

$777Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$6K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.0M
Ln 12
Gifts and grantsLn 1h$1.0M
Money outPt IX
$914K
Ln 25
Programscol B$777K
Managementcol C$137K
Owns and owesPt X
$706K
net assets · Ln 32
Cash and savingsLn 1–2$486K
Total assetsLn 16$705K
LiabilitiesLn 26−$581
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.0M
Total revenueLn 12$1.0M
Assets in detailPt X, end of year
CashLn 1$486K
Cash and savings togetherLn 1–2$486K
Land, buildings, equipmentLn 10c$213K
Total assetsLn 16$705K
LiabilitiesLn 26−$581
Net assetsLn 32$706K
OperationsPt I, VI
EmployeesI 54
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$396K$486K
Land, buildings, equipmentLn 10c$214K$213K
Total assetsLn 16$617K$705K
LiabilitiesLn 26−$581−$581
Net assetsLn 32$618K$706K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$26K$26K
Other salaries and wagesLn 7$32K$32K
Other employee benefitsLn 9$14K$14K
Payroll taxesLn 10$8K$8K
Accounting feesLn 11c$12K$12K
OccupancyLn 16$45K$45K
TravelLn 17$34K$34K
Depreciation, depletion and amortizationLn 22$14K$14K
Other expenses (24a–d)Ln 24$654K$654K
All other expensesLn 24e$75K$75K
Total functional expensesLn 25$914K$777K$137K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $907K$897K$10K$696K 990 PDF
FY2023 $828K$872K−$44K$686K 990 PDF
FY2022 $820K$826K−$6K$729K 990 PDF
FY2021 $671K$642K$29K$736K 990 PDF
FY2020 Viewing $1.0M$914K$89K$706K 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
See the full FY2020 990 (6 parts)
Part I · Summary $1,002,717 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $650,882$1,002,717
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $650,882$1,002,717
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $78,728$79,388
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $531,162$834,320
I-18 Total expensesPrior year $609,890$913,708
I-19 Revenue less expensesPrior year $40,992$89,009
Part VI · Governance 10 of 10 board members independent, 4 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $1,002,717 across 3 lines filed
VIII-1f All other contributions, gifts and grants$1,002,717
VIII-1h Total contributions, gifts and grants$1,002,717
VIII-12 Total revenue$1,002,717
Part IX · Statement of functional expenses $913,708 across 10 lines filed
IX-5 Pay of current officers, directors and key staffManagement $26,000$26,000
IX-7 Other salaries and wagesManagement $31,658$31,658
IX-9 Other employee benefitsManagement $13,722$13,722
IX-10 Payroll taxesManagement $8,008$8,008
IX-11c Accounting feesManagement $12,500$12,500
IX-16 OccupancyManagement $44,710$44,710
IX-17 TravelPrograms $33,726$33,726
IX-22 Depreciation, depletion and amortizationPrograms $14,059$14,059
IX-24 Other expenses (24a–d)Programs $654,113$654,113
IX-24e All other expensesPrograms $75,212$75,212
IX-25 Total functional expensesPrograms $777,110 · Management $136,598 · Fundraising $0$913,708
Part X · Balance sheet $705,492 assets, 8 lines filed
Asset lines not itemized here account for $6,500; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $396,429$485,890
X-10c Land, buildings and equipment, netStart of year $214,056$213,102
X-16 Total assetsStart of year $616,985$705,492
X-17 Accounts payable and accrued expenses−$581
X-26 Total liabilitiesStart of year −$581−$581
X-27 Net assets without donor restrictionsStart of year $617,566$706,073
X-32 Total net assets or fund balancesStart of year $617,566$706,073
X-33 Total liabilities and net assetsStart of year $616,985$705,492
Part XI · Reconciliation of net assets $706,073 net assets at year end
XI-1 Total revenue$1,002,717
XI-2 Total expenses$913,708
XI-3 Revenue less expenses$89,009
XI-4 Net assets at start of year$617,566
XI-9 Other changes in net assets−$502
XI-10 Net assets at end of year$706,073

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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