Lighthouse Of Stanly Foundation Llc
- Assets
- $70.7k
- Revenue
- $184.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oakboro, NC
- Founding
- 11/2007
- Data as of
- 12/2022
- 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 12/2022, Lighthouse Of Stanly Foundation Llc generated $184.0 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 (66.9%) each year. All expenses for the organization totaled $36.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Lighthouse Of Stanly Foundation Llc has awarded 18 individual grants totaling $161,500. 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 | |
Pamela T Rushing Vice-President | 1 | $0 | |
Michael G Rushing Director | 0 | $0 | |
Joann Rushing Shelton Director | 0 | $0 | |
Gay Michael Director | 0 | $0 | |
Heather R Chaney Secretary/treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $184 |
| 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 | $184 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $202 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,637 |
| Contributions, gifts, grants paid | $34,500 |
| Total expenses and disbursements | $36,137 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,192 |
| Savings and temporary cash investments | $53,500 |
| 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 | $70,692 |
| 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 $34,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
HIS SIGNET RING INTERNATIONAL PURPOSE: UNRESTRICTED | $1,000 |
IMPI KA UMBONO SOCIAL UPLIFTMENT ASSOC PURPOSE: UNRESTRICTED | $27,500 |
JACOB BERRY MINISTRIES PURPOSE: UNRESTRICTED | $1,000 |
SAFER COMMUNITIES MINISTRY PURPOSE: UNRESTRICTED | $5,000 |