Light A Single Candle Foundation Nfp
- Assets
- $4.1m
- Revenue
- $1.5m
- Investments
- $3.7m
- Employees
- 0
- Location
- Chesterfield, MO
- Founding
- 04/2003
- Data as of
- 12/2023
- EIN
- 42-1557485
Organization Overview
Light A Single Candle Foundation Nfp is located in Chesterfield, MO. The organization was established in 2003. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Light A Single Candle Foundation Nfp 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, Light A Single Candle Foundation Nfp generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 20.4% each year . All expenses for the organization totaled $2.9m during the year ending 12/2023. While expenses have increased by 16.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Light A Single Candle Foundation Nfp has awarded 132 individual grants totaling $5,090,910. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick F Tracy Director/pre | 10 | $0 | |
M Jane Tracy Director/sec | 5 | $0 | |
Ryan P Tracy Director/vp/ | 2 | $6,000 | |
Patrick J Smith Executive Di | 36 | $0 | |
Lauren Tracy Clough Director | 2 | $6,000 | |
Kimberly Plank Director | 2 | $6,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $500,413 |
| Interest on Savings | $338 |
| Dividends & Interest | $104,780 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $897,743 |
| Capital Gain Net Income | $897,743 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,196 |
| Total Revenue | $1,506,470 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $28,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $13,786 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $119,130 |
| Printing and publications | $0 |
| Other expenses | $10,217 |
| Total operating and administrative expenses | $193,314 |
| Contributions, gifts, grants paid | $2,723,534 |
| Total expenses and disbursements | $2,916,848 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $372,895 |
| Net Accounts receivable | $1,082 |
| 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 | $11,957 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,714,929 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,100,863 |
| Accounts payable and accrued expenses | $11,995 |
| 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 | $11,995 |
Grants Awarded
Over the last fiscal year, Light A Single Candle Foundation Nfp has awarded $2,722,034 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
SEMILLA NUEVA PURPOSE: SCALING BIOFORTIFIED SEEDS GUATEMALA | $17,000 |
SEMILLA NUEVA PURPOSE: SUBSISTENCE FARMERS INCOME DEVELOP | $200,000 |
SEMILLA NUEVA PURPOSE: BIOFORTIFIED MAIZE SEEDS | $100,000 |
SEMILLA NUEVA PURPOSE: SCALING BIOFORTIFIED SEEDS GUATEMALA | $28,835 |
CROSS INTERNATIONAL PURPOSE: NURSING & ELECTRO-TECHNIQUE PROGRAM | $83,237 |
CROSS INTERNATIONAL PURPOSE: CAPACITY BUILDING ROLES FOR CI | $75,000 |