Lighthouse Charities Inc
- Assets
- $819.2k
- Revenue
- $923.8k
- Investments
- $0.0
- Employees
- 34
- Location
- North Las Vegas, NV
- Founding
- 03/2016
- Data as of
- 12/2023
- EIN
- 47-5623629
Organization Overview
Lighthouse Charities Inc is located in North Las Vegas, NV. The organization was established in 2016. According to its NTEE Classification (K30) the organization is classified as: Food Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2023, Lighthouse Charities Inc employed 34 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lighthouse Charities 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, Lighthouse Charities Inc generated $923.8k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 50.8% each year . All expenses for the organization totaled $1.0m during the year ending 12/2023. While expenses have increased by 39.7% per year over the past 5 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING OPPORTUNITY TO AT-RISK INDIVIDUALS BY HELPING THEM BECOME AN ASSET TO THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EMPLOYED AT RISK INDIVIDUALS AND TAUGHT THEM JOB SKILLS THAT WILL ALLOW THEM TO ATTAIN SELF SUFFICIENCY IN FUTURE CAREER ENDEAVORS.
TAUGHT ENGLISH AS A SECOND LANGUAGE TO AT RISK INDIVIDUALS TO ALLOW THEM TO INCREASE THEIR POTENTIAL EMPLOYMENT OPPORTUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Nelson Chief Financial Officer | Officer | 3 | $0 |
Cindy Trussel President | Officer | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $561,376 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $561,376 |
| Total Program Service Revenue | $362,465 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $923,841 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $7,035 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $91,589 |
| Compensation of current officers, directors, key employees. | $18,318 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $502,585 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $65,898 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $30,940 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $27,264 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $129,860 |
| Travel | $2,098 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,142 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $57,664 |
| Insurance | $26,510 |
| All other expenses | $0 |
| Total functional expenses | $1,023,731 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $60,345 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $21,920 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $124,600 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $604,840 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,479 |
| Total assets | $819,184 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $108,125 |
| Total liabilities | $108,125 |
| Net assets without donor restrictions | $711,059 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $819,184 |