First Light Foundation EIN 84-1637532 Form 990 (PDF) Claim this org

First Light Foundation

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Creates films about environmental issues, relying on public support for their production. For fiscal year 2025 it reported $590 in revenue, $91K in expenses.Pt I

Founded
2004
Type
Public charity (501(c)(3)) · Arts & Culture
Location
Aspen, CO
Filings
6 on file (2020–2025)
Revenue
$590FY2025
Expenses
$91K
Net assets
$0
People
5
Filings
6
Updates
0
More identity details & actions ⌄
EIN  84-1637532 Public charity (501(c)(3)) Aspen, CO Founded 2004
Form 990 (PDF)
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Size
<$100K
What they do
Creates films about environmental issues, relying on public support for their production.
Leadership
Christopher Taylor · Director
Money in and out
$590 revenue, $91K expenses
Bottom line
100% program efficiency
Where the money goes · FY2025
Total revenue
$590
Pt VIII · Ln 12
Total expenses
$91K
Pt IX · Ln 25
Net assets
$0
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$90K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs0% vs prior filing year
Surplus margin
-15268%
revenue over expenses, this year▼ -18852% vs prior filing year
Revenue trend
-70%
avg. annual growth over 5 years▼ -437% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$590
FY2025▼ -100%
Expenses
$91K
FY2025▼ -65%
Total assets
FY2025
Total liabilities
$0
FY2025
Total revenue
$590
Pt VIII · Ln 12
Total expenses
$91K
Pt IX · Ln 25
Net assets
$0
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$90K
Total assetsPt X · Ln 16
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CFirst Light Foundation
EINHdr · item D84-1637532
Principal addressHdr · item CAspen, CO
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2004
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A31)
Ruling yearIRS BMFSep 2004

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $91K of program spending, described in the organization's own filed words · FY2025.
01

First Light Foundation raises funds for and sponsors non-commercial non-profit film and communication projects about environmental issues as these often lack sufficient funding and must rely on philantrhopic contributions.

$91Kprogram expense

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Statement of Revenue

Part VIII
Investment income100%$590
Total revenueLn 12$590

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$91K
Total functional expensesLn 25$91K

Balance Sheet

Part X · end of year
CashLn 1
Total assetsLn 16
Total liabilitiesLn 26$0
Total net assetsLn 32$0

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves — · Operating expenses/yr $91K
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $91K · Total expenses $91K
100%
Management & General
Management & general $0 · Total expenses $91K
0%
Fundraising
Fundraising $0 · Total expenses $91K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $129K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $590
0%
Government reliance
Government grants — · Total revenue $590
Earned-income share
Program service revenue $0 · Total revenue $590
0%
Investment reliance
Investment income $590 · Total revenue $590
+100%
Program self-sufficiency
Program service revenue $0 · Total expenses $91K
0%
Growth & trend
Revenue growth (YoY)
This year $590 · Prior year $143K
-100%
Revenue CAGR
FY2020 $250K · FY2025 $590
-70%
Net-asset trend (YoY)
End of year $0 · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $590 · Expenses $91K
-15268%
Liabilities-to-Assets
Total liabilities — · Total assets —
Net-asset ratio
Net assets $0 · Total assets —
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) —
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Christopher Taylor · Reported title Director · Highest reported compensation $0 · Total expenses $91K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $91K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Revenue growth -100%

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 · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$90K
Grants paid · 2 grants · $231K · 2024–2024
KinshipCO · FY2024$220,541
Unitemized GrantFY2024$10,640

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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)$590 revenue · viewing · ⤓ 990 PDF
FY2024$143K revenue · ⤓ 990 PDF
FY2023$246K revenue · ⤓ 990 PDF
FY2022$134K revenue · ⤓ 990 PDF
FY2021$206K revenue · ⤓ 990 PDF
FY2020$250K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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