Lighthouse Of Stanly Foundation Llc
- Assets
- $106.6k
- Revenue
- $30.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Oakboro, NC
- Founding
- 11/2007
- Data as of
- 12/2021
- EIN
- 20-8205480
Organization Overview
Lighthouse Of Stanly Foundation Llc is located in Oakboro, NC. The organization was established in 2007. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lighthouse Of Stanly Foundation Llc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Lighthouse Of Stanly Foundation Llc generated $30.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (13.5%) each year. All expenses for the organization totaled $67.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Lighthouse Of Stanly Foundation Llc has awarded 14 individual grants totaling $127,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Foreman Rushing President | 1 | $0 | |
Michael G Rushing Director | 0 | $0 | |
Gay Michael Director | 0 | $0 | |
Joann Rushing Shelton Director | 0 | $0 | |
Pamela T Rushing Vice-President | 1 | $0 | |
Heather R Chaney Secretary/treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $30,000 |
| Interest on Savings | $104 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $30,104 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $200 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $358 |
| Total operating and administrative expenses | $558 |
| Contributions, gifts, grants paid | $67,000 |
| Total expenses and disbursements | $67,558 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,330 |
| Savings and temporary cash investments | $53,315 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $106,645 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Lighthouse Of Stanly Foundation Llc has awarded $67,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
IMPI KA UMBONO SOCIAL UPLIFTMENT ASSOC PURPOSE: UNRESTRICTED | $36,000 |
Monroe, NC PURPOSE: UNRESTRICTED | $15,000 |
STANLY COMMUNITY CHRISTIAN MINISTRY INC PURPOSE: UNRESTRICTED | $6,000 |
PREGNANCY RESOURCE CENTER PURPOSE: UNRESRICTED | $5,000 |
HIS SIGNET RING INTERNATIONAL PURPOSE: UNRESTRICTED | $2,000 |
OLIVE BRANCH BAPTIST CHURCH PURPOSE: UNRESTRICTED | $1,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lighthouse Of Stanly Foundation Llc has recieved totaling $11,700.
| Awarding Organization | Amount |
|---|---|
Christian Mission Foundation Locust, NC PURPOSE: SUPPORTING THE DONEE'S PURPOSE | $11,700 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Bill Gatton Foundation Bristol, TN | $0 | $23,969,446 |
Management Technologies International Inc Newnan, GA | $8,681,139 | $7,735,276 |
Curamericas Global Inc Raleigh, NC | $1,269,317 | $7,228,870 |
A M G International Chattanooga, TN | $17,555,584 | $9,364,805 |
Spirit Of America Worldwide Arlington, VA | $11,674,125 | $9,682,917 |
Africas Childrens Fund Inc Atlanta, GA | $1,359,595 | $6,304,288 |
Remote Area Medical Rockford, TN | $17,905,708 | $7,264,096 |
Global Water Center North Charleston, SC | $6,444,509 | $4,079,316 |
Help One Now Raleigh, NC | $912,547 | $3,549,093 |
Child Impact International Ooltewah, TN | $2,851,578 | $3,424,209 |
Haiti Outreach Ministries Matthews, NC | $1,898,120 | $3,129,353 |
Mission Lazarus Nashville, TN | $6,420,184 | $2,859,370 |