Lighthouse Academy For Dyslexia is located in Ocean Springs, MS. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 07/2023, Lighthouse Academy For Dyslexia employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lighthouse Academy For Dyslexia 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 07/2023, Lighthouse Academy For Dyslexia generated $1.1m in total revenue. All expenses for the organization totaled $1.1m during the year ending 07/2023.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER COMMUNITY-WIDE AWARENESS OF DYSLEXIA, TO IDENTIFY CHILDREN WITH THE CHARACTERISTICS OF DYSLEXIA, AND TO PROVIDE AN ACADEMIC RICH, RESEARCH-BASED, MULTI-SENSORY, EDUCATIONAL ENVIRONMENT TO INCLUDE POSITIVE EXPERIENCES THAT CHALLENGE THE STUDENTS WHILE BUILDING NECESSARY SKILLS FOR ACADEMIC AND PERSONAL SUCCESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED SPACE & MATERIALS FOR EVALUATION, TESTING AND REMEDIATION FOR CHILDREN WITH DYSLEXIA
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mike Goodwin Secretary/tr | OfficerTrustee | 5 | $0 |
Leslie Kelley Director | Trustee | 3 | $0 |
Laura Lacoste Director | Trustee | 3 | $0 |
Haley Martin Director | Trustee | 3 | $0 |
Ernest Taylor Director | Trustee | 3 | $0 |
Todd Trenchard Director | Trustee | 3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $200,000 |
All other contributions, gifts, grants, and similar amounts not included above | $142,823 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $342,823 |
Total Program Service Revenue | $711,944 |
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 | $44,809 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,099,576 |
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 | $639,257 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $39,825 |
Payroll taxes | $50,853 |
Fees for services: Management | $0 |
Fees for services: Legal | $9,406 |
Fees for services: Accounting | $6,893 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $18,684 |
Office expenses | $11,754 |
Information technology | $33,815 |
Royalties | $0 |
Occupancy | $95,471 |
Travel | $6,868 |
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 | $29,384 |
Insurance | $17,869 |
All other expenses | $43,069 |
Total functional expenses | $1,089,423 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $223,378 |
Savings and temporary cash investments | $0 |
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 | $252 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $1,142,318 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,365,948 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $67,804 |
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 | $928,430 |
Total liabilities | $996,234 |
Net assets without donor restrictions | $369,714 |
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 | $1,365,948 |