Lighthouse Foundation
- Assets
- $11.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Desoto, TX
- Founding
- 05/2018
- Data as of
- 12/2021
- EIN
- 38-4070487
Organization Overview
Lighthouse Foundation is located in Desoto, TX. The organization was established in 2018. According to its NTEE Classification (B02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lighthouse Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
SINCE LIGHTHOUSE FOUNDATION HAS OPENED ITS DOORS 3 YEARS AGO MAY 2018 WE HAVE PLACED 15 HIGH SCHOOL STUDENTS ON THEIR CAREER TRACK TO THE RIGHT COLLEGE OR TRADE INSTITUTION. THIS ALSO INCLUDES 3 OF THEM STARTING THEIR OWN BUSINESS AS AN SMALL BUSINESS ENTREPRENEUR IN DESIGN AND FASHION. WE HAVE GIVEN OUT SCHOLARSHIPS STARTING IN 2021 TO HELP HIGH SCHOOL STUDENTS FINANCIALLY ASSIST WITH THEIR COLLEGE COST DUE TO COVID.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,780 |
| Total Program Service Revenue | $0 |
| Membership dues | $235 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$135 |
| Other Revenue | $0 |
| Total Revenue | $10,880 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $185 |
| Other expenses | $4,339 |
| Total expenses | $4,524 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,016 |
| Other assets | $0 |
| Total assets | $11,016 |
| Total liabilities | $4,524 |
| Net assets or fund balances | $6,492 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lighthouse Foundation has recieved totaling $10,364.
| Awarding Organization | Amount |
|---|---|
Communities Foundation Of Texas Dallas, TX PURPOSE: THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT. | $10,364 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Redesign Schools Louisiana Baton Rouge, LA | $2,219,135 | $10,040,399 |
Learn Lonestar Education And Research Network Lubbock, TX | $26,698,796 | $7,275,450 |
Learning Forward Richardson, TX | $5,036,186 | $5,068,048 |
Wilco Montessori Partners Georgetown, TX | $1,123,507 | $4,175,636 |
Catalyst Education New Orleans, LA | $4,849,256 | $2,637,014 |
Orchard Foundation Alexandria, LA | $7,454,172 | $2,296,059 |
Bowling Green School Franklinton, LA | $5,239,494 | $3,010,264 |
Multilateral Endowment Management Company Edmond, OK | $918,741 | $2,430,214 |
Dual Language Education Of New Mexico Albuquerque, NM | $1,700,736 | $2,673,763 |
Belle Chasse Educational Foundation Belle Chasse, LA | $18,141,077 | $278,082 |
Future Focused Education Albuquerque, NM | $1,699,690 | $1,944,772 |
Trojan Real Properties Inc Addison, TX | $21,854,020 | $3,395,133 |