Eternal Lighthouse Foundation Inc
- Assets
- $350.3k
- Revenue
- $78.0k
- Investments
- $341.2k
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- Data as of
- 12/2023
- EIN
- 87-1783449
Organization Overview
Eternal Lighthouse Foundation Inc is located in Las Vegas, NV. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eternal Lighthouse Foundation 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 12/2023, Eternal Lighthouse Foundation Inc generated $78.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (42.1%) each year. All expenses for the organization totaled $60.1k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDES CHARITABLE SUPPORT TO THOSE IN NEED THROUGHOUT THE STATE OF HAWAII THROUGH EMERGENCY AID DISTRIBUTIONS TO HOMELESS INDIVIDUALS AND FAMILIES AND THROUGH CHARITABLE DISTRIBUTIONS TO QUALIFYING NONPROFIT ORGANIZATIONS.
THE FOUNDATION PROVIDES MEDICAL AND DENTAL CARE TO RURAL INDIVIDUALS AND FAMILIES IN NEED THROUGHOUT NEPAL.
THE MANAGEMENT AND ADMINISTRATIVE COSTS INCURRED TO OPERATE AND SUPPORT THE FOUNDATION, AND ARE NECESSARY TO CARRY OUT THE CHARITABLE PROGRAMS AND ACTIVITIES CONDUCTED BY THE FOUNDATION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joo Yeon Lee Board Member | 1 | $0 | |
Thomas Heberle President/treasurer | 3 | $0 | |
Hee Soon Yoo Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $25,984 |
| Interest on Savings | $17 |
| Dividends & Interest | $13,546 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $38,414 |
| Capital Gain Net Income | $38,414 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $77,961 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,082 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $6,709 |
| Printing and publications | $0 |
| Other expenses | $31,661 |
| Total operating and administrative expenses | $45,236 |
| Contributions, gifts, grants paid | $14,874 |
| Total expenses and disbursements | $60,110 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,060 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $350,289 |
| 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, Eternal Lighthouse Foundation Inc has awarded $26,915 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
UNITED SELF-HELP PURPOSE: SUPPORT FOR NEWLY RELEASED PRISONERS TO HELP KEEP THEM FROM BECOMING HOMELESS | $1,682 |
RAINFOREST FOUNDATION US PURPOSE: SUPPORT FOR IMPOVERISHED INDIGENOUS PEOPLES | $3,000 |
HAWAII COMMUNITY FOUNDATION PURPOSE: SUPPORT FOR CHEF HUI FUND TO FEED THOSE EXPERIENCING FOOD SHORTAGES | $3,000 |
INSTITUTE FOR HUMAN SERVICES PURPOSE: SUPPORT FOR HOMELESS SHELTER | $3,000 |
HAWAII FOOD BANK PURPOSE: SUPPORT FOR FOOD BANK THAT FEEDS HUNGRY PEOPLE IN HAWAII | $3,000 |
RIVER OF LIFE MISSION PURPOSE: SUPPORT FOR FOOD BANK THAT FEEDS HUNGRY PEOPLE IN HAWAII | $3,000 |