Michigan Lighthouse Conservancy Inc
- Assets
- $246.5k
- Revenue
- $20.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Fenton, MI
- Founding
- 05/2001
- Data as of
- 12/2023
- EIN
- 38-3569827
Organization Overview
Michigan Lighthouse Conservancy Inc is located in Fenton, MI. The organization was established in 2001. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Michigan Lighthouse Conservancy Inc 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 12/2023, Michigan Lighthouse Conservancy Inc generated $20.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $27.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey D Shook President | 0 | $0 | |
John Arends Treasurer | 0 | $0 | |
Chris Baron Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $20,287 |
| Interest on Savings | $0 |
| 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 | $77 |
| Total Revenue | $20,364 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $10,223 |
| Pension plans, employee benefits | $952 |
| Interest | $0 |
| Taxes | $20 |
| Depreciation | $0 |
| Occupancy | $5,849 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $1,019 |
| Other expenses | $7,805 |
| Total operating and administrative expenses | $27,833 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $27,833 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,724 |
| Savings and temporary cash investments | $499 |
| 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 | $42,408 |
| Prepaid expenses and deferred charges | $4,534 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $153,286 |
| Total assets | $246,451 |
| 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 | $424 |
| Total liabilities | $424 |