Langland Family Be A Light Foundation
- Assets
- $334.6k
- Revenue
- $196.4k
- Investments
- $305.6k
- Employees
- 0
- Location
- Iowa City, IA
- Founding
- Data as of
- 12/2022
- EIN
- 86-2678583
Organization Overview
Langland Family Be A Light Foundation is located in Iowa City, IA. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Langland Family Be A 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 12/2022, Langland Family Be A Light Foundation generated $196.4k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $8.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
LIBERTY HIGH SCHOOL CASH DONATED TO THE BE A LIGHT SCHOLARSHIPS FOR POSTSECONDARY EDUCATION
LIBERTY HIGH SCHOOL CASH DONATED TO THE DANCE TEAM FOR THE GENERAL OPERATING FUND FOR THE EXEMPT PURPOSE OF THE ORGANIZATION
IOWA CITY COMMUNITY SCHOOL DISTRICT FOUNDATION CASH DONATED TO THE LIBERTY FUND FOR THE EXEMPT PURPOSE OF THE ORGANIZATION
IOWA STATE DANCE AND DRILL TEAM ASSOCIATION CASH DONATED FOR THE BE A LIGHT SCHOLARSHIP FOR POSTSECONDARY EDUCATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John C Langland President | 0 | $0 | |
Brittani K Langland Treasurer | 0 | $0 | |
Traci K Langland Secretary | 0 | $0 | |
Christopher J Langland Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $190,796 |
| Interest on Savings | $8 |
| Dividends & Interest | $3,804 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,743 |
| Capital Gain Net Income | $1,743 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $196,351 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $69 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $69 |
| Contributions, gifts, grants paid | $8,510 |
| Total expenses and disbursements | $8,579 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $28,992 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $305,598 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $334,590 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Langland Family Be A Light Foundation has awarded $8,510 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
LIBERTY HIGH SCHOOL PURPOSE: BE A LIGHT SCHOLARSHIPS | $4,000 |
LIBERTY HIGH SCHOOL PURPOSE: DANCE TEAM GENERAL OPERATING FUND | $2,000 |
Iowa City, IA PURPOSE: GENERAL OPERATING LIBERTY FUND | $1,010 |
Pella, IA PURPOSE: BROOKE LANGLAND MEMORIAL SCHOLARSHIP | $1,000 |
Iowa City, IA PURPOSE: GENERAL OPERATING FUND | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Klaff Family Foundation Chicago, IL | $171,629,374 | $12,167,429 |
Charles E Lakin Foundation Inc Council Bluffs, IA | $146,415,136 | $18,758,116 |
The Pritzker Pucker Family Foundation Chicago, IL | $63,807,485 | $11,921,924 |
David And Janis Larson Foundation Minneapolis, MN | $131,263,001 | -$404,078 |
The Hagan Scholarship Foundation Columbia, MO | $259,194,852 | $64,132,818 |
The Jennings Family Foundation Edina, MN | $20,317,059 | $4,027,228 |
Sunshine Charitable Foundation Libertyville, IL | $0 | $4,219,972 |
Tracy Family Foundation Mt Sterling, IL | $19,754,710 | $6,714,098 |
Chicagobeyond Inc Chicago, IL | $1,837,444 | $0 |
Conduit Foundation Chicago, IL | $3,365,161 | $7,119,515 |
Anahata Foundation Chicago, IL | $150,849,919 | $3,685,553 |
Kaena Foundation Minneapolis, MN | $0 | $2,288,902 |