Lighthouse Ministries Inc
- Assets
- $1.1m
- Revenue
- $373.1k
- Investments
- $0.0
- Employees
- 9
- Location
- Lexington, KY
- Founding
- 02/1999
- Data as of
- 12/2019
- EIN
- 52-2137309
Organization Overview
Lighthouse Ministries Inc is located in Lexington, KY. The organization was established in 1999. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2017, Lighthouse Ministries Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lighthouse Ministries 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 12/2019, Lighthouse Ministries Inc generated $373.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $349.1k during the year ending 12/2019. While expenses have increased by 4.5% per year over the past 5 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOT MEALS TO FEED THE HOMELESS, POOR AND NEEDY OF THE LOCAL COMMUNITY, WHILE ALSO PROVIDING A FAITH-BASED PLATFORM TO MINISTER TO THOSE IN TRANSITION AND NEED....FAITH-BASED RECOVERY PROGRAMS INCLUDING VOCATIONAL TRAINING, STRUCTURED CURRICULUM, AND RESOURCE CENTERS THAT SUPPORT AND SERVE THE SPIRITUAL AND PRACTICAL NEEDS OF MEN, WOMEN AND CHILDREN OF KENTUCKY, WHILE PROVIDING A SAFE ENVIRONMENT THAT RESULTS IN CHANGED LIVES FOR A LIFETIME.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Valerie Henderson Executive Director | OfficerTrustee | 40 | $41,295 |
Mary A Mcmurry Secretary | OfficerTrustee | 0 | $0 |
Dave Curtis Director | Trustee | 0 | $0 |
John Garen Director | Trustee | 0 | $0 |
Marty Lautner Director | Trustee | 0 | $0 |
Addian Wallace Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $345,557 |
| Investment income | $1 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $27,500 |
| 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 | $373,058 |
| 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. | $32,120 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $120,816 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $15,775 |
| Payroll taxes | $11,457 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,374 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $120 |
| Office expenses | $1,037 |
| Information technology | $2,397 |
| Royalties | $0 |
| Occupancy | $50,258 |
| Travel | $3,071 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $12,619 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $17,473 |
| All other expenses | $31,707 |
| Total functional expenses | $349,072 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,540 |
| Savings and temporary cash investments | $1,060 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $1,086,139 |
| Accounts payable and accrued expenses | $14,106 |
| 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 | $190,301 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $204,407 |
| Net assets without donor restrictions | $910,322 |
| 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 | $881,732 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Lighthouse Ministries Inc has recieved totaling $133,054.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: POVERTY | $75,700 |
Blue Grass Community Foundation Inc Lexington, KY PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $26,306 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $15,000 |
Cralle Foundation Inc Simpsonville, KY PURPOSE: GENERAL OPERATING COSTS | $10,000 |
Christian Word Ministries Inc Lexington, KY PURPOSE: SUPPORT | $5,000 |
Jeff And Lora Carter Family Foundation Inc Nicholasville, KY PURPOSE: EXEMPT PURPOSE | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Healthcare Physicians Inc Martinsburg, WV | $27,421,318 | $84,817,307 |
Operation Compassion A Tennessee Non-Profit Corporation Cleveland, TN | $18,764,537 | $70,147,882 |
Barnabas Foundation Crete, IL | $428,082,293 | $83,271,055 |
United Faith Ministries Inc Norfolk, VA | $10,805,826 | $50,029,760 |
Gospel Light Mennonite Church Medical Aid Plan Canton, OH | $23,765,488 | $52,923,721 |
Answers In Genesis Inc Petersburg, KY | $94,175,549 | $47,216,237 |
Ministry Health Care Inc St Louis, MO | $291,511,056 | $25,156,032 |
Good News Publishers Wheaton, IL | $44,141,237 | $30,597,185 |
Martha Obryan Center Inc Nashville, TN | $41,203,339 | $31,115,116 |
National Church Residences Foundation Columbus, OH | $124,164,884 | $10,642,562 |
Awana Clubs International St Charles, IL | $16,214,341 | $23,700,094 |
Lutheran Home Westlake, OH | $17,550,739 | $14,990,939 |