Friends Of The Oak Island Lighthouse
- Assets
- $108.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Caswell Beach, NC
- Founding
- 07/2005
- Data as of
- 06/2024
- EIN
- 20-2548830
Organization Overview
Friends Of The Oak Island Lighthouse is located in Caswell Beach, NC. The organization was established in 2005. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Oak Island Lighthouse 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 06/2024, Friends Of The Oak Island Lighthouse generated $28.4k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $8.1k during the year ending 06/2024. While expenses have increased by 4.5% per year over the past 9 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
ENVIRONMENTAL PROGRAMS, GENERAL/OTHER: PROTECTION, PRESERVATION, MAINTENANCE, AND DEVELOPMENT OF THE OAK ISLAND LIGHTHOUSE, THE LIGHTHOUSE SITE, AND RELATED OCEANFRONT PROPERTY FOR THE PUBLIC GOOD. WE CONTINUED TO MAINTAIN THE EXISTING WALKWAY AND GROUNDS. IN EXCESS OF 10000 PERSON VISITED THE LIGHTHOUSE THIS PAST YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bob Ahlers Chairman | 8 | $0 | |
J Thomas Kitchings Treasurer | 8 | $0 | |
Harry Dehaven Vice Chairperson | 8 | $0 | |
Megan Heilman Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,323 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $28,442 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $3,487 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,609 |
| Total expenses | $8,096 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $108,359 |
| Other assets | $0 |
| Total assets | $108,359 |
| Total liabilities | $0 |
| Net assets or fund balances | $108,359 |