Firstlight Community Foundation INC: Nonprofit Profile, Financials & Form 990 (EIN 47-5322938)

Revenue by fiscal year
FY2021	$98K
FY2022	$165K
FY2023	$582K
FY2024	$264K

Expenses by fiscal year
FY2021	Not on file
FY2022	Not on file
FY2023	$49K
FY2024	$82K

Net assets by fiscal year
FY2021	$206K
FY2022	$299K
FY2023	$834K
FY2024	$1.0M

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2017.

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

Where the money goes

100 cents of each dollar spent went to programs.

100%

Program services 100% · $82K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation

Mica Short

Board Member

$0Pt VII · Sec A

Anthony Walker

Executive Director

$0Pt VII · Sec A

Jaime Medina

Board President

$0Pt VII · Sec A

Miguel Cheng-Guajardo

Board Treasurer

$0Pt VII · Sec A

Daniel Hernandez

Board Member

$0Pt VII · Sec A

Karl Murphy

Board Member

$0Pt VII · Sec A

Margie Salazar

Board Member

$0Pt VII · Sec A

See Firstlight Community Foundation INC executive salaries →

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

Empowers individuals and communities to improve their financial health and well-being.

Questions for Firstlight Community Foundation INC

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1 program · $82K · in their own filed words · FY2024

01

Financial Education

In 2024, over 60 initiatives were completed with over 12,150 participants reached through the provision of programs and opportunities for community members to strengthen financial wellness; inclusive of first-time home buyer, budgeting, account and money management.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 47-5322938) · Dispute this line

$82Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid

Grants received · FY2024

Robert Wood Johnson FoundationFY2024$100K

Total grants receivedfrom 1 funder$100K

Grants paid · 2 grants · $84K · 2023–2024

Unitemized GrantFY2024$49,000

Unitemized GrantFY2023$35,000

By the numbers

The FY2024 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$264K

Ln 12

Gifts and grantsLn 1h$283K

Investment incomeLn 3$25K

Money outPt IX

$82K

Ln 25

Programscol B$82K

Owns and owesPt X

$1.0M

net assets · Ln 32

Cash and savingsLn 1–2$445K

Total assetsLn 16$1.0M

LiabilitiesLn 26$0

PeoplePt VI, VII

7

listed · VII A

PaidVII A0

Voting boardVI 1a6

IndependentVI 1b5

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$283K

Fundraising eventsLn 1c$100K

Investment incomeLn 3$25K

Gains on assetsLn 7$19K

Total revenueLn 12$264K

Assets in detailPt X, end of year

CashLn 1$445K

SavingsLn 2$10

Cash and savings togetherLn 1–2$445K

InvestmentsLn 11–13$593K

Total assetsLn 16$1.0M

LiabilitiesLn 26$0

Net assetsLn 32$1.0M

OperationsPt I, VI

EmployeesI 50

VolunteersI 67

Fiscal year endsHeaderDecember

Conflict-of-interest policyVI 12aNo

Whistleblower policyVI 13No

Records policyVI 14No

3More from this return

Investment feesPt IX, Sch D

Investment fees, as reportedPt IX 11f$6K

Share of the $592K endowmentSch D 1g1.1%

Typical, median of 2,202 orgs0.44%

EndowmentSch D · Pt V

Line	FY24
End of yearLn 1g	$592K
SpentLn 1d–1f	$4K

4Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY24	End FY24
Cash and savingsLn 1–2	$834K	$445K
InvestmentsLn 11–13		$593K
Total assetsLn 16	$834K	$1.0M
LiabilitiesLn 26	$0	$0
Net assetsLn 32	$834K	$1.0M

5Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants to domestic individualsLn 2	$49K	$49K
Accounting feesLn 11c	$788	$788
Investment management feesLn 11f	$6K	$6K
Other fees for servicesLn 11g	$12K	$12K
Advertising and promotionLn 12	$5K	$5K
Office expensesLn 13	$398	$398
OccupancyLn 16	$3K	$3K
InsuranceLn 23	$792	$792
Other expenses (24a–d)Ln 24	$5K	$5K
Total functional expensesLn 25	$82K	$82K	$0	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2024 Latest ViewingFiled with the IRS Nov 17, 2025	$264K	$82K	$182K	$1.0M	990 PDF
FY2023Filed with the IRS Nov 13, 2024	$582K	$49K	$534K	$834K	990 PDF
FY2022Filed with the IRS Nov 15, 2023	$165K			$299K	990 PDF
FY2021Filed with the IRS Nov 9, 2022	$98K			$206K	990 PDF

Schedules filed Part IV

A · Public support D · Assets and endowments I · Grants O · Explanations

See the full FY2024 990

Part I · Summary $263,575 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $564,509$283,239

I-9 Program service revenuePrior year $0$0

I-10 Investment incomePrior year $0$24,515

I-11 Other revenuePrior year $17,880−$44,179

I-12 Total revenuePrior year $582,389$263,575

I-13 Grants and similar amounts paidPrior year $36,500$49,000

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $0$0

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $12,191$33,040

I-18 Total expensesPrior year $48,691$82,040

I-19 Revenue less expensesPrior year $533,698$181,535

Part VI · Governance 5 of 6 board members independent, 4 to look at

VI-1a Voting members of the governing body6

VI-1b Independent voting members5

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 $263,575 across 7 lines filed

VIII-1c Fundraising events$100,406

VIII-1f All other contributions, gifts and grants$182,833

VIII-1h Total contributions, gifts and grants$283,239

VIII-3 Investment incomeExcluded from tax $5,273$5,273

VIII-7 Net gain or loss on sales of assetsExcluded from tax $19,242$19,242

VIII-8 Net income from fundraising eventsExcluded from tax −$44,179−$44,179

VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax −$19,664$263,575

Part IX · Statement of functional expenses $82,040 across 9 lines filed

IX-2 Grants to domestic individualsPrograms $49,000$49,000

IX-11c Accounting feesPrograms $788$788

IX-11f Investment management feesPrograms $6,451$6,451

IX-11g Other fees for servicesPrograms $11,851$11,851

IX-12 Advertising and promotionPrograms $5,000$5,000

IX-13 Office expensesPrograms $398$398

IX-16 OccupancyPrograms $2,680$2,680

IX-23 InsurancePrograms $792$792

IX-24 Other expenses (24a–d)Programs $5,080$5,080

IX-25 Total functional expensesPrograms $82,040 · Management $0 · Fundraising $0$82,040

Part X · Balance sheet $1,037,774 assets, 10 lines filed

X-1 Cash, non-interest-bearingStart of year $833,652$445,143

X-2 Savings and temporary cash investmentsStart of year $10$10

X-12 Other securities$592,621

X-16 Total assetsStart of year $833,662$1,037,774

X-26 Total liabilitiesStart of year $0$0

X-29 Capital stock or trust principalStart of year $0$0

X-30 Paid-in or capital surplusStart of year $0$0

X-31 Retained earnings or endowmentStart of year $833,662$1,037,774

X-32 Total net assets or fund balancesStart of year $833,662$1,037,774

X-33 Total liabilities and net assetsStart of year $833,662$1,037,774

Part XI · Reconciliation of net assets $1,037,774 net assets at year end

XI-1 Total revenue$263,575

XI-2 Total expenses$82,040

XI-3 Revenue less expenses$181,535

XI-4 Net assets at start of year$833,662

XI-5 Net unrealized gains (losses) on investments$22,577

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$1,037,774

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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Firstlight Community Foundation INC

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Firstlight Community Foundation INC

Financial Education

Funders

Grants

By the numbers

Filing history

Schedules filed Part IV