Light & Salt Association
- Assets
- $2.4m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 17
- Location
- Houston, TX
- Founding
- 03/2000
- Data as of
- 12/2021
- EIN
- 76-0604950
Organization Overview
Light & Salt Association is located in Houston, TX. The organization was established in 2000. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. As of 12/2021, Light & Salt Association employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Light & Salt Association 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, Light & Salt Association generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 12.1% 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
(1) CANCER: OFFER CANCER EDUCATION, EARLY DETECTION, AND SUPPORT IN GREATER HOUSTON AREA;(2) SPECIAL NEED: PROVIDE SERVICES FOR CHILDREN, ADULTS, AND FAMILIES WITH SPECIAL NEEDS;(3) NAVIGATOR: SUPPORT LOW INCOME PEOPLE TO PURCHASE INSURANCE THROUGH MARKETPLACE (AFFORDABLE CARE ACT);(4) RADIO: SPREAD KNOWLEDGE AND PROVIDE EDUCATION THROUGH RADIO BROADCASTING;(5) OTHER: CHARITY DONATION AND GRANT;(6) CLINIC: BUILD AND RUN A MEDICAL CLINIC TO SERVE LOW INCOME PEOPLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AFFORDABLE HEALTH CARE: SUPPORT LOW INCOME PEOPLE TO PURCHASE INSURANCE THROUGH MARKETPLACE (AFFORDABLE CARE ACT)
CANCER: OFFER CANCER EDUCATION, EARLY DETECTION, AND SUPPORT IN GREATER HOUSTON AREA
SPECIAL NEED: PROVIDE SERVICES FOR CHILDREN, ADULTS, AND FAMILIES WITH SPECIAL NEEDS
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 |
|---|---|---|---|
Helen Sun Executive Dir. | Officer | 40 | $86,633 |
Charles Yuan Secretary | Trustee | 2 | $0 |
Fur-Jen Deng Board Member | Trustee | 19 | $0 |
William Sun Board Member | Trustee | 2 | $0 |
Jinping Fan Board Member | Trustee | 2 | $0 |
Ron Liu Board Member | 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 | $1,378,633 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,378,633 |
| Total Program Service Revenue | $0 |
| Investment income | $4,571 |
| 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 | $1,383,204 |
| 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. | $86,633 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $304,843 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $34,219 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,592 |
| Fees for services: Accounting | $5,130 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,662 |
| Fees for services: Other | $0 |
| Advertising and promotion | $19,928 |
| Office expenses | $0 |
| Information technology | $4,645 |
| Royalties | $0 |
| Occupancy | $35,050 |
| Travel | $2,538 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $8,883 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19,704 |
| Insurance | $7,055 |
| All other expenses | $12,571 |
| Total functional expenses | $1,130,179 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,234,829 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $76,526 |
| 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 | $1,132,265 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,443,620 |
| Accounts payable and accrued expenses | $22,639 |
| 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 | $664,487 |
| Other liabilities | $0 |
| Total liabilities | $687,126 |
| Net assets without donor restrictions | $748,711 |
| Net assets with donor restrictions | $1,007,783 |
| 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 | $2,443,620 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Light & Salt Association has recieved totaling $169,944.
| Awarding Organization | Amount |
|---|---|
Episcopal Health Foundation Houston, TX PURPOSE: Expand Health Coverage & Benefits | $141,969 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $18,975 |
Asian & Pacific Islander American Health Forum Oakland, CA PURPOSE: HEALTH EDUCATION | $9,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Citizens Foundation Usa Houston, TX | $7,765,514 | $19,916,524 |
Morgans Wonderland Inclusion Foundation San Antonio, TX | $24,438,940 | $21,840,113 |
Furniture Bank Houston, TX | $4,044,380 | $6,546,446 |
Scanlan Foundation Houston, TX | $209,874,637 | $6,584,694 |
Kathleen S Craft Foundation Tulsa, OK | $94,596,287 | $6,487,856 |
White Cake Family Foundation Dallas, TX | $42,767,869 | $3,380,103 |
Charitable Properties Inc Mesquite, TX | $0 | $4,302,892 |
Bp Foundation Inc Houston, TX | $4,050,119 | $6,036,214 |
Soonae Foundation Burnet, TX | $2,322,115 | $4,666,451 |
Evergreen Foundation Haughton, LA | $11,601,707 | $713,824 |
Green Beret Foundation San Antonio, TX | $4,813,026 | $3,422,970 |
The Credit Bureau Of Baton Rouge Foundation Baton Rouge, LA | $26,265,049 | $1,414,019 |