Lighthouse Charities Inc
- Assets
- $169.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oklahoma City, OK
- Founding
- 10/2001
- Data as of
- 10/2023
- EIN
- 73-1615787
Organization Overview
Lighthouse Charities Inc is located in Oklahoma City, OK. The organization was established in 2001. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lighthouse Charities 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 10/2023, Lighthouse Charities Inc generated $97.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $105.8k during the year ending 10/2023. While expenses have increased by 17.0% per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
WE HAVE BEEN ABLE TO TEACH MANY OKC METRO AREA KIDS TO SAIL THROUGH SUMMER CAMPS PROVIDE NUMEROUS SCHOLARSHIPS FOR THESE CAMPS. YOUTH HONE IN ON THEIR SAILING SKILLS HAVE FUN THROUGH RACING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Archibald Past Commodore | 1 | $0 | |
Glede Holman Commodore | 1 | $0 | |
Mandy Brown Rear Commodore | 1 | $0 | |
Jay Collins Vice Commodore | 1 | $0 | |
Brian Wiesner Treasurer Elect | 2 | $0 | |
Matt Hrencher Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,141 |
| Total Program Service Revenue | $57,437 |
| Membership dues | $0 |
| Investment income | $2,626 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$218 |
| Other Revenue | $0 |
| Total Revenue | $96,986 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $43,749 |
| Professional fees and other payments to independent contractors | $765 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $5,700 |
| Other expenses | $55,563 |
| Total expenses | $105,777 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $127,755 |
| Other assets | $0 |
| Total assets | $169,710 |
| Total liabilities | $0 |
| Net assets or fund balances | $169,710 |