Lighthouse Gospel Mission Inc
- Assets
- $980.2k
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 13
- Location
- Riverview, FL
- Founding
- 07/1966
- Data as of
- 12/2022
- EIN
- 59-6173284
Organization Overview
Lighthouse Gospel Mission Inc is located in Riverview, FL. The organization was established in 1966. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 12/2022, Lighthouse Gospel Mission Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lighthouse Gospel Mission 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 12/2022, Lighthouse Gospel Mission Inc generated $3.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $3.4m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.7%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THROUGH THE LOVE OF JESUS, THE LIGHTHOUSE SERVES THE HURTING, HUNGRY AND ADDICTED IN OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LIGHTHOUSE GOSPEL MISSION THROUGH OPERATION HOPE WE DISTRIBUTED 1.4M POUNDS OF FOOD IMPACTING APPROXIMATELY 21,800 FAMILIES. ADDITIONALLY, LGM PARTNERED WITH 54 MINISTRIES TO DISTRIBUTE FOOD IN THE LOCAL COMMUNITIES. THE LIGHTHOUSE REMNANT THRIFT STORE ASSISTS THE COMMUNITY BY MAKING USED GOODS, CLOTHING AND FURNITURE AVAILABLE AT AFFORDABLE PRICES. PROCEEDS SUPPORT THE LIGHTHOUSE GOSPEL MISSION, FAITH HOME MINISTRY AND OPERATION HOPE. TO PROVIDE ADDITIONAL SUPPORT TO THE 3 PROGRAMS LISTED ABOVE, THE TASTE OF FREEDOM FOOD TRUCK WAS INTRODUCED IN MAY.
FAITH HOME MINISTRIES IN 2022, APPROXIMATELY 40 MEN AND WOMEN RESIDED ON GROUNDS IN OUR RESIDENTIAL TREATMENT PROGRAM. THERE WAS AN AVERAGE OF 43 VOLUNTEER CHAPEL SPEAKERS COMING MONTHLY TO MINISTER TO THE FAITH HOME. THROUGHOUT THE YEAR, INDIVIDUALS SUCCESSFULLY COMPLETED THE 18 MONTH DISCIPLESHIP TRAINING PROGRAM. THESE GRADUATES HAVE EXPERIENCED COMPLETE RESTORATION OF THEIR LIVES, RESTORATION TO THEIR FAMILIES, MANY RESUMING THEIR ROLES AS MOTHERS AND FATHERS TO THEIR CHILDREN, AND HAVE EXPERIENCED RESTORATION TO SOCIETY THROUGH THE INTIMATE RELATIONSHIP WITH JESUS THEY DEVELOPED IN THE FAITH HOME PROGRAM.
LIGHTHOUSE FREEDOM CENTER CHURCH OVER THE COURSE OF 2022, LFC SHEPHERDED AND TENDED TO THE SPIRITUAL NEEDS OF 1,080 INDIVIDUALS ON AVERAGE, MONTHLY THORUGH 2 WEEKLY SERVICES. ADDITIONALLY, IN MANY WEEKLY SERVICES WE LED PEOPLE TO CHRIST FOR THE TRANSFORMATION AND RESTORATION OF THEIR LIVES, FAMILIES AND COMMUNITIES. WE PERFORMED COUNTLESS BAPTISMS, BABY DEDICATIONS AND CONDUCTED NEW MEMBERS' CLASSES. ADDITIONALLY, WE SERVED OUR COMMUNITY BY PERFORMING MARRIAGE CEREMONIES AND PRE-MARITAL COUNSELLING. WE HAD 6 FELLOWSHIP MEETINGS THROUGH OUR WOMEN'S GROUP AND 6 MEETINGS THROUGH OUR MEN'S GROUP. WE ALSO SENT OUT 12 EVANGELISM TEAMS THROUGHOUT THE YEAR. ADDITIONALLY, WE SUPPORTED OTHER MINITRIES, OUTREACHES, AND INDIVIDUALS IN VARIOUS WAYS. ALL THESE ACTIONS FOCUSED ON SHARING THE GOSPEL OF JESUS CHRIST AND WERE SUCCESSFUL IN DOING SO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Samuels President | OfficerTrustee | 40 | $79,843 |
Jeannette Samuels Secretary | OfficerTrustee | 40 | $38,869 |
Louis Capedevila Director | Trustee | 1 | $0 |
Diane Stinson Director | Trustee | 1 | $0 |
Ralph Stinson Chairman | OfficerTrustee | 7 | $0 |
Calvin Williams Director | Trustee | 1 | $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 | $3,167,152 |
| Noncash contributions included in lines 1a–1f | $2,498,731 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,167,152 |
| Total Program Service Revenue | $0 |
| Investment income | $453 |
| 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 | $248,343 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,415,948 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $118,712 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $210,928 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $22,939 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,276 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $24,018 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,592 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $33,917 |
| Insurance | $40,559 |
| All other expenses | $262,118 |
| Total functional expenses | $3,394,660 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $202,711 |
| Savings and temporary cash investments | $294,171 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $481,623 |
| Investments—publicly traded securities | $1,655 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $980,160 |
| 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 | $7,977 |
| Total liabilities | $7,977 |
| Net assets without donor restrictions | $0 |
| 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 | $972,183 |
| Total liabilities and net assets/fund balances | $980,160 |