Lighthouse Academies Of Pine Bluff Arkansas Inc
- Assets
- $933.3k
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 89
- Location
- Pine Bluff, AR
- Founding
- 03/2011
- Data as of
- 06/2020
- EIN
- 27-4233711
Organization Overview
Lighthouse Academies Of Pine Bluff Arkansas Inc, operating under the name Pine Bluff Lighthouse Charter, is located in Pine Bluff, AR. The organization was established in 2011. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2020, Pine Bluff Lighthouse Charter employed 89 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pine Bluff Lighthouse Charter 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 06/2020, Pine Bluff Lighthouse Charter generated $3.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $2.8m during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
FOR STUDENTS TO BE TAUGHT BY HIGHLY EFFECTIVE TEACHERS IN A NUTURING ENVIRONMENT AND ACHEIVE AT HIGH LEVELS. EACH STUDENT WILL DEVELOP KNOWLEDGE, SKILLS AND VALUES NECESSARY FOR RESPONSIBLE CITIZENSHIP AND LIFE LONG LEARNING
Describe the Organization's Program Activity:
Part 3 - Line 4a
PREPARATION OF STUDENTS THROUGH RIGOROUS PROGRAMS THAT PROVIDES A FOUNDATION THAT WILL ALLOW THE STUDENTS TO SUCCEED IN AND GRADUATE FROM COLLEGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nyeshia Aldridge Board Member | OfficerTrustee | 2 | $0 |
Vonysha Goodwin Board Member | OfficerTrustee | 2 | $0 |
Thomas Palmer Board Member | OfficerTrustee | 2 | $0 |
Lashawnda V Noel Board Member | OfficerTrustee | 2 | $0 |
Donna Roberts Board Member | OfficerTrustee | 2 | $0 |
Reshonda Walker Board President | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,396,348 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,396,348 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $1,318,056 |
| Pension plan accruals and contributions | $189,021 |
| Other employee benefits | $95,917 |
| Payroll taxes | $99,153 |
| Fees for services: Management | $97,500 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $97,219 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $23,301 |
| Advertising and promotion | $1,789 |
| Office expenses | $20,044 |
| Information technology | $53,716 |
| Royalties | $0 |
| Occupancy | $258,249 |
| Travel | $46,112 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $20,737 |
| Interest | $20,543 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $49,317 |
| All other expenses | $0 |
| Total functional expenses | $2,754,497 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $922,203 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,105 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $933,308 |
| Accounts payable and accrued expenses | $14,178 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $14,178 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $919,130 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lighthouse Academies Of Arkansas Inc North Little Rock, AR | $582,799 | $18,301,867 |
New Beginnings School Foundation New Orleans, LA | $1,802,768 | $18,016,749 |
Hynes Charter School Corporation New Orleans, LA | $8,219,375 | $19,932,415 |
Legacy21 Inc Mesquite, TX | $40,270,776 | $19,212,915 |
Ewing Marion Kauffman School Inc Kansas City, MO | $12,328,924 | $22,686,630 |
Memphis Business Academy Memphis, TN | $29,884,603 | $21,343,740 |
International Academy Williamson County Round Rock, TX | $33,542,303 | $17,313,740 |
South Louisiana Charter Foundation Inc Baton Rouge, LA | $21,098,630 | $17,110,169 |
Morris Jeff Community School New Orleans, LA | $5,535,424 | $16,539,603 |
Crossroads Charter Schools Kansas City, MO | $14,061,355 | $16,288,564 |
Young Audiences Charter Association Gretna, LA | $6,537,878 | $17,122,666 |
New Orleans Military And Maritime Academy Inc New Orleans, LA | $24,580,982 | $15,429,354 |