philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Light Bearers Ministry

Tax-deductible

Collegedale, TN501(c)(3)Religion EIN 91-1320416Revenue $2.3M in FY2023

On file with the IRSlightbearers.orgPo Box 690, 37315-0690 · Collegedale, TNTax-exempt since Jun 1986Publicly supported charity — 170(b)(1)(A)(vi)

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

Evangelistic and edification Ministry, reaching out to the world with the gospel of christ

501(c)(3) charity; gifts are tax-deductible.
63¢ of each $1 spent went to programs.
$438K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

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
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 4
filings with a surplus
Average deficit $236K a year · 10% of revenue · last 4 filings
Concern: a surplus in 0 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
63%
of spending
Worth a look: 63% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$438K
to officers and key staff · 17% of spending
Top officer’s pay higher than 79% of similar orgs
Fine: pay to officers and key staff is 17% of spending; 15% to 20%.
Pt VII · Sec A
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 · $55K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$277K
12% of total assets
Looks good: liabilities are 12% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 9 voting members
Looks good: 5 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.3M
+10% vs prior year
Spent
$2.6M
To programs
63%
Net assets
$2.1M
By yearFY2020–FY2023
Revenue
$2.3M
FY2023▲ +10%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.4M
FY2021$2.8M
FY2022$2.1M
FY2023$2.3M
Expenses
$2.6M
FY2023▲ +5%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.4M
FY2021$3.1M
FY2022$2.5M
FY2023$2.6M
Net assets
$2.1M
FY2023▼ -10%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.0M
FY2021$2.7M
FY2022$2.3M
FY2023$2.1M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023. IRS ruling in Jun 1986.

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

Where the money goes

63 cents of each dollar spent went to programs.

Program services 63% · $1.6M Management & general 32% · $835K Fundraising 5% · $137K

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

Something off? Claim to add context

Who runs it and what they're paid

9 people listed on the 990; $438K paid to officers and key staff.

Part VII, Section A · reportable compensation
Ty Gibson
Director/President
$155,212Pt VII · Sec A
Don Otis
Chairman/Secretary
$111,646Pt VII · Sec A
David Asscherick
Board Member
$86,114Pt VII · Sec A
Yamil Rosario
Board Member
$84,838Pt VII · Sec A
Mike Racine
Board Member
$0Pt VII · Sec A
Kelly Kinsley
Board Member
$0Pt VII · Sec A
Kim Busl
Board Member
$0Pt VII · Sec A
Victor Maddox
Board Member
$0Pt VII · Sec A

Ty Gibson’s $155K as Director/President is at the 79th percentile of top reported officer pay among 1636 $1–10M religion 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

NameFY2023FY2022FY2021FY2020
Ty Gibson$155,212$81,024$160,845$91,307
David Asscherick$86,114$85,943$129,251—
Yamil Rosario$84,838$84,654$125,849$71,595
Don Otis$111,646$107,999$83,766$27,650

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 Light Bearers Ministry executive salaries →

On this list? Claim this org

Something off? Claim to add context

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 15aYes

Programs and updates

Spreading the Gospel of Christ worldwide through evangelism and spiritual growth.

Questions for Light Bearers Ministry

Tap to ask. Light Bearers Ministry sees how many people are interested.

Your first name shows with your question. Light Bearers Ministry answers here, for everyone.

Provided by the organization

Know this org? Add your story

3 programs · $1.6M · in their own filed words · FY2023
01

Preachas an evangelistic and revival ministry, light bearers is the launch pad for an on-fire team of speakers who exalt christ as the living center of all truth while preaching the full-spectrum message of his WORD.FIRST, we hold public evangelistic meetings. These are preaching events hosted in local venues throughout the world.

$610Kprogram expense
02

Trainlight bearers is also a training ministry. Those who are won to christ and ignited with the passion of his love are eager to engage in ministry for others. The training arm of light bearers is appropriately called arise, drawn from isaiah 60:1-3.

$551Kprogram expense
03

Resourcelight bearers is a media production ministry and a resource center. Our total reason for existence as a ministry is to effectively communicate the gospel and equip others to do the same. Audio, video, literature, and the web play a major role in this mission.

$473Kprogram 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
Fidelity Investments Charitable Gift FundFY2024$49K
Donor Advised Charitable Giving INCFY2024$6K
Total grants receivedfrom 2 funders$55K

By the numbers

The FY2023 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$2.3M
Ln 12
Gifts and grantsLn 1h$2.4M
Fees for servicesLn 2g$151K
Investment incomeLn 3$28K
Money outPt IX
$2.6M
Ln 25
Programscol B$1.6M
Managementcol C$835K
Fundraisingcol D$137K
Owns and owesPt X
$2.1M
net assets · Ln 32
Cash and savingsLn 1–2$1.4M
Total assetsLn 16$2.4M
LiabilitiesLn 26$277K
PeoplePt VI, VII
9
listed · VII A
PaidVII A4
Voting boardVI 1a9
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.4M
Fees for servicesLn 2g$151K
Investment incomeLn 3$28K
Gains on assetsLn 7−$933
Total revenueLn 12$2.3M
Assets in detailPt X, end of year
CashLn 1$1.4M
Cash and savings togetherLn 1–2$1.4M
InvestmentsLn 11–13$417K
Land, buildings, equipmentLn 10c$501K
Other assetsLn 15$24K
Total assetsLn 16$2.4M
LiabilitiesLn 26$277K
Net assetsLn 32$2.1M
OperationsPt I, VI
EmployeesI 522
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
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$1.8M$1.4M
InvestmentsLn 11–13$124K$417K
Land, buildings, equipmentLn 10c$462K$501K
Total assetsLn 16$2.5M$2.4M
LiabilitiesLn 26$157K$277K
Net assetsLn 32$2.3M$2.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$362K$362K
Other salaries and wagesLn 7$993K$370K$556K$68K
Management feesLn 11a$5K$5K
Accounting feesLn 11c$22K$22K
Advertising and promotionLn 12$57K$57K
Office expensesLn 13$14K$2K$12K
RoyaltiesLn 15$76K$76K
TravelLn 17$50K$50K
Conferences, conventions and meetingsLn 19$118K$118K
Depreciation, depletion and amortizationLn 22$33K$33K
InsuranceLn 23$7K$7K
Other expenses (24a–d)Ln 24$725K$683K$30K$12K
All other expensesLn 24e$143K$100K$44K
Total functional expensesLn 25$2.6M$1.6M$835K$137K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest Viewing $2.3M$2.6M−$264K$2.1M 990 PDF
FY2022 $2.1M$2.5M−$341K$2.3M 990 PDF
FY2021 $2.8M$3.1M−$280K$2.7M 990 PDF
FY2020 $2.4M$2.4M−$57K$3.0M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $2,341,642 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,056,775$2,384,146
I-9 Program service revenuePrior year $215,900$150,719
I-10 Investment incomePrior year −$3,471$27,926
I-11 Other revenuePrior year −$130,815−$221,149
I-12 Total revenuePrior year $2,138,389$2,341,642
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,210,568$1,355,103
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,269,018$1,251,038
I-18 Total expensesPrior year $2,479,586$2,606,141
I-19 Revenue less expensesPrior year −$341,197−$264,499
Part VI · Governance 5 of 9 board members independent, 2 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsYes
VI-14 Document retention and destruction policyNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,341,642 across 8 lines filed
Lines not itemized here account for −$2,559 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$2,384,146
VIII-1h Total contributions, gifts and grants$2,384,146
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $150,719$150,719
VIII-3 Investment incomeExcluded from tax $28,859$28,859
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$933−$933
VIII-8 Net income from fundraising eventsExcluded from tax −$222,690−$222,690
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $4,100$4,100
VIII-12 Total revenueRelated to mission $152,260 · Unrelated business $0 · Excluded from tax −$194,764$2,341,642
Part IX · Statement of functional expenses $2,606,141 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $361,820$361,820
IX-7 Other salaries and wagesPrograms $369,936 · Management $555,592 · Fundraising $67,755$993,283
IX-11a Management feesManagement $5,192$5,192
IX-11c Accounting feesManagement $22,446$22,446
IX-12 Advertising and promotionFundraising $56,830$56,830
IX-13 Office expensesPrograms $2,096 · Management $11,880$13,976
IX-15 RoyaltiesManagement $75,990$75,990
IX-17 TravelManagement $50,383$50,383
IX-19 Conferences, conventions and meetingsPrograms $117,910$117,910
IX-22 Depreciation, depletion and amortizationManagement $33,028$33,028
IX-23 InsuranceManagement $6,681$6,681
IX-24 Other expenses (24a–d)Programs $682,626 · Management $30,208 · Fundraising $12,500$725,334
IX-24e All other expensesPrograms $99,609 · Management $43,659$143,268
IX-25 Total functional expensesPrograms $1,633,997 · Management $835,059 · Fundraising $137,085$2,606,141
Part X · Balance sheet $2,384,500 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $1,820,975$1,390,703
X-4 Accounts receivableStart of year $17,929$10,879
X-8 Inventories for sale or useStart of year $44,505$41,185
X-10c Land, buildings and equipment, netStart of year $462,462$500,641
X-11 Publicly traded securitiesStart of year $124,402$417,136
X-15 Other assetsStart of year $23,129$23,956
X-16 Total assetsStart of year $2,493,402$2,384,500
X-17 Accounts payable and accrued expensesStart of year $157,168$277,477
X-26 Total liabilitiesStart of year $157,168$277,477
X-27 Net assets without donor restrictionsStart of year $1,903,759$1,708,640
X-28 Net assets with donor restrictionsStart of year $432,475$398,383
X-32 Total net assets or fund balancesStart of year $2,336,234$2,107,023
X-33 Total liabilities and net assetsStart of year $2,493,402$2,384,500
Part XI · Reconciliation of net assets $2,107,023 net assets at year end
XI-1 Total revenue$2,341,642
XI-2 Total expenses$2,606,141
XI-3 Revenue less expenses−$264,499
XI-4 Net assets at start of year$2,336,234
XI-5 Net unrealized gains (losses) on investments$35,288
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,107,023

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

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.