Lighthouse Project INC EIN 84-3301528

Lighthouse Project INC

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Offers a safe, loving space for connection, support, and guidance to foster happiness and productivity. For fiscal year 2024 it reported $1.2M in revenue, $307K in expenses, and $1.4M in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Suffern, NY
Website
www.thelhproject.com
Filings
3 on file (2022–2024)
Revenue
$1.2MFY2024
Expenses
$307K
Net assets
$1.4M
People
3
Filings
3
Updates
0
More identity details & actions ⌄
EIN  84-3301528 Public charity (501(c)(3)) Suffern, NY
Form 990 (PDF)
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Size
$1–10M
What they do
Offers a safe, loving space for connection, support, and guidance to foster happiness and productivity.
Leadership
Alexandre Czertok · Director
Money in and out
$1.2M revenue, $307K expenses
Bottom line
80% program efficiency
Where the money goes · FY2024
Total revenue
$1.2M
Pt VIII · Ln 12
Total expenses
$307K
Pt IX · Ln 25
Net assets
$1.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $939K
Where spending went · Part IX cols B–D
Program services $0.80 Management & general $0.20
Program efficiency
80%
of spending reaches programs▼ -3% vs prior filing year
Operating runway
56.7mo
months of highly liquid reserves at operating expense rate▲ +88% vs prior filing year
Surplus margin
+75%
revenue over expenses, this year▲ +12% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.2M
FY2024▲ +111%
Expenses
$307K
FY2024▲ +59%
Total assets
$1.4M
FY2024▲ +199%
Total liabilities
$27K
FY2024▲ ×44
Total revenue
$1.2M
Pt VIII · Ln 12
Total expenses
$307K
Pt IX · Ln 25
Net assets
$1.4M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$939K
Total assetsPt X · Ln 16$1.4M
Program-expense ratioPt IX · col B80%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 42
Mission & Programs · Part III

Where the work happens

1 program service account for $247K of program spending, described in the organization's own filed words · FY2024.
01

The lighthouse project is about building connections. We realized theenormous need in our community for a safe non judgmental place where young woman can foster healthy relationships with peers and mentors, enabling them to face the many challenges they may encounter in life.

$247Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLighthouse Project INC
EINHdr · item D84-3301528
Principal addressHdr · item CSuffern, NY
WebsiteHdr · item Jwww.thelhproject.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFDec 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b2
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 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$773K · 62%
Other revenue$457K · 37%
Investment income$16K · 1%
Contributions & grants62%$773K
Other revenue37%$457K
Investment income1%$16K
Total revenueLn 12$1.2M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.80 Management & general $0.20
Program services80%$247K
Management & general20%$60K
Total functional expensesLn 25$307K

Balance Sheet

Part X · end of year
CashLn 1$199K
Total assetsLn 16$1.4M
Total liabilitiesLn 26$27K
Total net assetsLn 32$1.4M
Months of cash on handcomputed7.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.4M · Operating expenses/yr $307K
56.7 months
Where the money goes
Program services
Program services $247K · Total expenses $307K
80%
Management & General
Management & general $60K · Total expenses $307K
20%
Fundraising
Fundraising $0 · Total expenses $307K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $434K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $773K · Total revenue $1.2M
62%
Government reliance
Government grants — · Total revenue $1.2M
Earned-income share
Program service revenue $0 · Total revenue $1.2M
0%
Investment reliance
Investment income $16K · Total revenue $1.2M
+1%
Program self-sufficiency
Program service revenue $0 · Total expenses $307K
0%
Growth & trend
Revenue growth (YoY)
This year $1.2M · Prior year $591K
+111%
Net-asset trend (YoY)
End of year $1.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.2M · Expenses $307K
+75%
Liabilities-to-Assets
Total liabilities — · Total assets $1.4M
Net-asset ratio
Net assets $1.4M · Total assets $1.4M
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $1.3M · Total assets (Pt X, ln 16) $1.4M
86%
People & payroll
Highest Reported Total Compensation
Individual Alexandre Czertok · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $307K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $46K · Total expenses $307K
15%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 80%
Overhead ratio 20%
Fundraising cost ratio 0%
Revenue growth 111%
Accounting fee ratio 1%

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
See all 4 funders →
Grants paid · 1 grant · $11K · 2022–2022
Unitemized GrantFY2022$11,495

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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
FY2024 (Latest)$1.2M revenue · viewing · ⤓ 990 PDF
FY2023$591K revenue · ⤓ 990 PDF
FY2022$197K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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