Lightning Boy Foundation INC FY2023 filing

Tax-deductible

Santa Fe, NM501(c)(3)Since 2017Youth DevelopmentEIN 82-0714271

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501(c)3 non profit public charity serving Native youth through cultural programming.

501(c)(3) charity; gifts are tax-deductible.
89¢ of each $1 spent went to programs.
$56K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2023 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 4
filings with a surplus
Average surplus $103K a year · 21% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
89%
of spending
Looks good: 89% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$56K
to officers and key staff · 14% of spending
Looks good: pay to officers and key staff is 14% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
14 mo
of spending, in cash
Looks good: 14.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $100
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$646K
+111% vs prior year
Spent
$408K
To programs
89%
Net assets
$488K
By yearFY2021–FY2025
Revenue
$646K
FY2023▲ +111%
Revenue by fiscal year
FY2021$135K
FY2022$306K
FY2023$646K
FY2024$481K
FY2025$483K
Expenses
$408K
FY2023▲ +112%
Expenses by fiscal year
FY2021Not on file
FY2022$192K
FY2023$408K
FY2024$376K
FY2025$529K
Net assets
$488K
FY2023▲ +95%
Net assets by fiscal year
FY2021$135K
FY2022$250K
FY2023$488K
FY2024$592K
FY2025$216K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 2021.

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

Where the money goes

89 cents of each dollar spent went to programs.

Program services 89% · $364K Fundraising 11% · $44K

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

6 people listed on the 990; $56K paid to officers and key staff.

Part VII, Section A · reportable compensation
Administrator Bookkeeper
$26,500Pt VII · Sec A
Founder Co Chair
$17,200Pt VII · Sec A
$12,000Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Felicia Rosacker-Rivera’s $32K as Founder, President is at the 24th percentile of top reported officer pay among 1992 $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 · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Felicia Rosacker-Rivera$32,500$24,400$17,200$9,800$500
Isabelle Matthews—$31,500$26,500$18,712$4,500
Steve Larance—$13,000$12,000$13,677$500
R4 Group LLC—$2,000———

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.

See Lightning Boy Foundation INC executive salaries →

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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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides resources and support to communities in need.

Provided by the organization

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2 programs · $364K · in their own filed words · FY2023
01

Provide direct instruction in traditional Native American hoop dance routine to youth ages 2 and older. Sixteen or more youth hoop dancers consistently participated once or twice a week in small group practices.

$351Kprogram expense
02

Creation of hoop dance regalia and hoops

$13Kprogram 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 · FY2025
Total grants receivedfrom 1 funder$100

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$646K
Ln 12
Other incomeLn 4–11$360K
Gifts and grantsLn 1h$242K
Fees for servicesLn 2g$44K
Money outPt IX
$408K
Ln 25
Programscol B$364K
Fundraisingcol D$44K
Owns and owesPt X
$488K
net assets · Ln 32
Cash and savingsLn 1–2$488K
Total assetsLn 16$488K
LiabilitiesLn 26$0
PeoplePt VI, VII
6
listed · VII A
PaidVII A3
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$242K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Fees for servicesLn 2g$44K
Other incomeLn 4–11$360K
Total revenueLn 12$646K
Assets in detailPt X, end of year
CashLn 1$488K
SavingsLn 2$0
Cash and savings togetherLn 1–2$488K
InvestmentsLn 11–13$0
Other assetsLn 15$0
Total assetsLn 16$488K
LiabilitiesLn 26$0
Net assetsLn 32$488K
OperationsPt I, VI
EmployeesI 50
VolunteersI 65
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 FY23End FY23
Cash and savingsLn 1–2$250K$488K
InvestmentsLn 11–13$0$0
Total assetsLn 16$250K$488K
LiabilitiesLn 26$0$0
Net assetsLn 32$250K$488K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0$0
Grants to domestic individualsLn 2$0$0
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$5K$5K
Pay of current officers, directors and key staffLn 5$61K$56K$5K
Pay of disqualified personsLn 6$0$0
Other salaries and wagesLn 7$0$0
Pension plan contributionsLn 8$0$0
Other employee benefitsLn 9$0$0
Payroll taxesLn 10$0$0
Management feesLn 11a$0$0
Legal feesLn 11b$0$0
Accounting feesLn 11c$0$0
Lobbying feesLn 11d$0$0
Investment management feesLn 11f$0$0
Other fees for servicesLn 11g$38K$38K
Advertising and promotionLn 12$6K$6K
Office expensesLn 13$19K$19K
Information technologyLn 14$3K$3K
RoyaltiesLn 15$0$0
OccupancyLn 16$102K$92K$10K
TravelLn 17$16K$16K
Travel and entertainment for public officialsLn 18$0$0
Conferences, conventions and meetingsLn 19$6K$6K
InterestLn 20$0$0
Payments to affiliatesLn 21$0$0
Depreciation, depletion and amortizationLn 22$0$0
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$89K$89K$0$0
All other expensesLn 24e$62K$33K$0$29K
Total functional expensesLn 25$408K$364K$0$44K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $483K$529K−$45K$216K 990 PDF
FY2024 $481K$376K$104K$592K 990 PDF
FY2023 Viewing $646K$408K$238K$488K 990 PDF
FY2022 $306K$192K$114K$250K 990 PDF
FY2021 $135K$135K 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 FY2023 990 (4 parts)
Part VIII · Statement of revenue $646,248 across 12 lines filed
Lines not itemized here account for $15,516 of total revenue; see the IRS return.
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$242,007
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$242,007
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $0 · Unrelated business $0 · Excluded from tax $44,245$44,245
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $114,480$114,480
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $0 · Unrelated business $0 · Excluded from tax $230,000$230,000
VIII-12 Total revenueRelated to mission $15,516 · Unrelated business $0 · Excluded from tax $388,725$646,248
Part IX · Statement of functional expenses $408,240 across 30 lines filed
IX-1 Grants to domestic organizationsPrograms $0$0
IX-2 Grants to domestic individualsPrograms $0$0
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $4,950$4,950
IX-5 Pay of current officers, directors and key staffPrograms $55,700 · Fundraising $5,000$60,700
IX-6 Pay of disqualified personsPrograms $0$0
IX-7 Other salaries and wagesPrograms $0$0
IX-8 Pension plan contributionsPrograms $0$0
IX-9 Other employee benefitsPrograms $0$0
IX-10 Payroll taxesPrograms $0$0
IX-11a Management feesPrograms $0$0
IX-11b Legal feesPrograms $0$0
IX-11c Accounting feesPrograms $0$0
IX-11d Lobbying feesPrograms $0$0
IX-11f Investment management feesPrograms $0$0
IX-11g Other fees for servicesPrograms $38,375$38,375
IX-12 Advertising and promotionPrograms $6,332$6,332
IX-13 Office expensesPrograms $18,600$18,600
IX-14 Information technologyPrograms $3,022$3,022
IX-15 RoyaltiesPrograms $0$0
IX-16 OccupancyPrograms $92,313 · Fundraising $10,000$102,313
IX-17 TravelPrograms $15,665$15,665
IX-18 Travel and entertainment for public officialsPrograms $0$0
IX-19 Conferences, conventions and meetingsPrograms $5,959$5,959
IX-20 InterestPrograms $0$0
IX-21 Payments to affiliatesPrograms $0$0
IX-22 Depreciation, depletion and amortizationPrograms $0$0
IX-23 InsurancePrograms $1,057$1,057
IX-24 Other expenses (24a–d)Programs $89,390 · Management $0 · Fundraising $0$89,390
IX-24e All other expensesPrograms $32,877 · Management $0 · Fundraising $29,000$61,877
IX-25 Total functional expensesPrograms $364,240 · Management $0 · Fundraising $44,000$408,240
Part X · Balance sheet $487,538 assets, 22 lines filed
X-1 Cash, non-interest-bearingStart of year $249,530$487,538
X-2 Savings and temporary cash investmentsStart of year $0$0
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $249,530$487,538
X-17 Accounts payable and accrued expensesStart of year $0$0
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $249,530$257,538
X-28 Net assets with donor restrictionsStart of year $0$230,000
X-32 Total net assets or fund balancesStart of year $249,530$487,538
X-33 Total liabilities and net assetsStart of year $249,530$487,538
Part XI · Reconciliation of net assets $487,538 net assets at year end
XI-1 Total revenue$646,248
XI-2 Total expenses$408,240
XI-3 Revenue less expenses$238,008
XI-4 Net assets at start of year$249,530
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$487,538

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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