Our Lady Of Light Foundation
- Assets
- $425.4k
- Revenue
- $362.4k
- Investments
- $0.0
- Employees
- 3
- Location
- Cincinnati, OH
- Founding
- 09/1993
- Data as of
- 12/2021
- EIN
- 61-1228007
Organization Overview
Our Lady Of Light Foundation is located in Cincinnati, OH. The organization was established in 1993. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Our Lady Of Light Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Our Lady Of Light Foundation 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 12/2021, Our Lady Of Light Foundation generated $362.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 34.0% each year . All expenses for the organization totaled $292.0k during the year ending 12/2021. While expenses have increased by 21.7% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PUBLISH AND DISTRIBUTE BOOKS, ROSARIES, PRAYER CARDS, ETC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLISHED AND DISTRIBUTED BOOKS ROSARIES PRAYER CARDS ETC
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 |
|---|---|---|---|
Wil Rosenbaugh Vice Pres | Officer | 1 | $0 |
Betsy Newman Office Manager | Officer | 36 | $0 |
Tom Arnold Treasurer | Officer | 2 | $0 |
Suzanne Arnold President | Officer | 5 | $0 |
Mary Jackson Director | Trustee | 1 | $0 |
Keith Merz Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $4,372 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $323,376 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $327,748 |
| Total Program Service Revenue | $0 |
| Investment income | $116 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $32,640 |
| 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 | $1,891 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $362,395 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $67,618 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,679 |
| Office expenses | $1,710 |
| Information technology | $11,118 |
| Royalties | $0 |
| Occupancy | $46,132 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,250 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,102 |
| All other expenses | $11,724 |
| Total functional expenses | $292,034 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $44,814 |
| Savings and temporary cash investments | $276,045 |
| 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 | $0 |
| Investments—publicly traded securities | $104,588 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $425,447 |
| Accounts payable and accrued expenses | $6,552 |
| 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 | $0 |
| Total liabilities | $6,552 |
| 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 | $418,895 |
| Total liabilities and net assets/fund balances | $425,447 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Our Lady Of Light Foundation has recieved totaling $250,000.
| Awarding Organization | Amount |
|---|---|
Greater Cincinnati Foundation Cincinnati, OH PURPOSE: GENERAL PURPOSE | $225,000 |
Robert H And Susan F Castellini Foundation Cincinnati, OH PURPOSE: CONTRIBUTION TO SUPPORT THEIR ORGANIZATION | $6,250 |
Robert H And Susan F Castellini Foundation Cincinnati, OH PURPOSE: CONTRIBUTION TO SUPPORT THEIR ORGANIZATION | $6,250 |
Robert H And Susan F Castellini Foundation Cincinnati, OH PURPOSE: CONTRIBUTION TO SUPPORT THEIR ORGANIZATION | $6,250 |
Robert H And Susan F Castellini Foundation Cincinnati, OH PURPOSE: CONTRIBUTION TO SUPPORT THEIR ORGANIZATION | $6,250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Advent House Ministries Inc Lansing, MI | $1,296,917 | $17,350,571 |
Lutheran Metropolitan Ministry Cleveland, OH | $18,738,675 | $17,759,604 |
Allegheny Christian Ministries Inc Davidsville, PA | $38,200,774 | $15,292,009 |
Diakon Topton, PA | $25,282,356 | $12,688,159 |
Shalom Ministries International Inc Dublin, OH | $25,383,102 | $20,342,961 |
Mel Trotter Ministries Grand Rapids, MI | $13,737,280 | $17,550,593 |
Disciplemakers Inc State College, PA | $2,971,948 | $5,867,999 |
Interim Pastor Ministries Inc Orleans, MI | $699,514 | $5,433,287 |
Kentucky Baptist Assemblies Inc Louisville, KY | $21,761,753 | $7,127,086 |
Cleveland Christian Home Inc Cleveland, OH | $9,204,950 | $4,752,818 |
St Luke Lutheran Community Portage Lakes North Canton, OH | $4,808,544 | $3,061,019 |
Reaching And Teaching International Ministries Incorporated Louisville, KY | $1,667,834 | $4,162,224 |