Lighthouse Ministries Foundation
- Assets
- $56.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Morristown, TN
- Founding
- 06/2009
- Data as of
- 12/2023
- EIN
- 26-4634324
Organization Overview
Lighthouse Ministries Foundation is located in Morristown, TN. The organization was established in 2009. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lighthouse Ministries 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 12/2023, Lighthouse Ministries Foundation generated $75.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $78.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lewis S Burke III President | 40 | $37,691 | |
Matthew Wine Director | 1 | $0 | |
Samuel Knopp Director | 1 | $0 | |
Benjamin Burke Secretary | 1 | $0 | |
Stephen Lemarr Director | 1 | $0 | |
L Sterling Burke IV Director | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $75,740 |
| 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 | $75,740 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $37,691 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $906 |
| Other expenses | $40,026 |
| Total expenses | $78,623 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $54,420 |
| Other assets | $0 |
| Total assets | $56,845 |
| Total liabilities | $578 |
| Net assets or fund balances | $56,267 |