The Light Foundation
- Assets
- $4.5m
- Revenue
- $175.0k
- Investments
- $0.0
- Employees
- 8
- Location
- St Louis, MO
- Founding
- 11/2016
- Data as of
- 12/2020
- EIN
- 81-3061830
Organization Overview
The Light Foundation is located in St Louis, MO. The organization was established in 2016. According to its NTEE Classification (O55) the organization is classified as: Youth Development - Religious Leadership, under the broad grouping of Youth Development and related organizations. As of 12/2021, Light Foundation employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Light 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 12/2020, Light Foundation generated $175.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (48.0%) each year. All expenses for the organization totaled $872.0k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Light Foundation has awarded 17 individual grants totaling $343,554. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE LIGHT FOUNDATION MISSION IS TO BUILD CORE VALUES IN YOUTH AND CONNECT THEM TO OPPORTUNITIES THAT WILL ENRICH THEIR LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2020, THE LIGHT FOUNDATION LAUNCHED ITS NEWEST PROGRAM, LIGHT BOX PRODUCTIONS. LIGHT BOX PRODUCTIONS PRODUCES ORIGINAL PHILANTHROPIC CREATIVE RESOURCES, EDUCATIONAL AND STUDIO OPPORTUNITIES (INCLUDING VIDEO, BRAND MARKETING AND VIRTUAL MESSAGING, WEB, EVENT AND EXHIBIT CREATION) TO AMPLIFY YOUTH-FOCUSED INITIATIVES.
RITECARE - THE LIGHT FOUNDATION COLLABORATES WITH THE NATIONAL, STATE AND REGIONAL RITECARE PROGRAMS THAT PROVIDE FREE LANGUAGE AND LITERACY THERAPY TO AT RISK YOUTH WITH SIGNIFICANT COMMUNICATION CHALLENGES. THE FOUNDATION ACTIVELY ENGAGES IN THIS PROGRAM THROUGH STAFF CREATION OF MISSION MARKETING (MISSION AWARENESS), CREATION AND MANAGEMENT OF STATE WEBSITE (MORITECARE.ORG)WHICH EDUCATES AND SUPPORTS THE MISSOURI RITECARE PROGRAM, STAFF CREATION OF PROMOTIONAL VIDEOS AND SOCIAL MEDIA MESSAGING TO SUPPORT ACTIVE CAMPAIGN AND MISSION AWARENESS, INCOME TO SUPPORT SERVICES AND CREATE NATIONAL AND STATEWIDE MISSION ADVANCEMENT AND PROMOTION.
YOUTH DEVELOPMENT PROGRAM - SPECIAL PROGRAM AND SERVICES FOR FAMILIES IMPACTED BY COVID, ALONG WITH EDUCATIONAL AND EVENT SUPPORT, LEADERSHIP PROGRAM DEVELOPMENT, AND INCOME TO SUPPORT SERVICES OF ST. LOUIS YOUTH PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Mistretta Executive Director | Officer | 40 | $111,700 |
Erika Cockerham Limelight Studio Director | Trustee | 15 | $12,500 |
Quentin Cockerham Demolay Youth | Trustee | 15 | $12,500 |
Brandon Cockerham Light Box Productions | Trustee | 15 | $12,500 |
Stacia Cockerham Vice President | OfficerTrustee | 1 | $0 |
Robert Cockerham President | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $30,349 |
| Noncash contributions included in lines 1a–1f | $1,500 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,349 |
| Total Program Service Revenue | $0 |
| Investment income | $143,075 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,532 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $174,956 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $158,002 |
| Grants and other assistance to domestic individuals. | $19,744 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $130,078 |
| Compensation of current officers, directors, key employees. | $29,423 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $152,783 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $91,079 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,720 |
| Fees for services: Accounting | $5,090 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $16,750 |
| Fees for services: Other | $1,053 |
| Advertising and promotion | $2,421 |
| Office expenses | $12,012 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $121,103 |
| Travel | $13,683 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $19,497 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $93,197 |
| Insurance | $8,996 |
| All other expenses | $0 |
| Total functional expenses | $871,967 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,346 |
| Savings and temporary cash investments | $64,566 |
| 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 |
| Net Land, buildings, and equipment | $211,646 |
| Investments—publicly traded securities | $4,129,140 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $74,000 |
| Total assets | $4,504,698 |
| Accounts payable and accrued expenses | $11,437 |
| 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 | $1,015,000 |
| Other liabilities | $46,100 |
| Total liabilities | $1,072,537 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $3,432,161 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,504,698 |
Grants Awarded
Over the last fiscal year, The Light Foundation has awarded $34,101 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
St Louis, MO PURPOSE: RITECARE PROGRAM | $27,571 |
St Louis, MO PURPOSE: SCHOLARSHIPS/ATHLETICS | $6,530 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Light Foundation has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of New Jersey Morristown, NJ PURPOSE: GENERAL SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Child Evangelism Fellowship Inc Warrenton, MO | $17,855,849 | $20,135,294 |
Christ In Youth Inc Joplin, MO | $5,769,292 | $15,138,357 |
Jewish Council For Youth Services Chicago, IL | $18,772,118 | $13,722,836 |
Memphis Leadership Foundation Inc Memphis, TN | $2,752,638 | $7,362,693 |
K-Life Ministries Branson, MO | $9,049,430 | $7,420,535 |
Youthfront Inc Kansas City, KS | $7,424,370 | $4,280,751 |
Mission Quest Chicago, IL | $1,422,401 | $3,417,820 |
Youth Horizons Inc Wichita, KS | $7,714,930 | $2,805,806 |
Rocketown Of Middle Tennessee Nashville, TN | $14,416,102 | $2,100,744 |
For The Kingdom Inc Memphis, TN | $3,127,241 | $2,655,731 |
Youth For Christ Usa Inc Bourbonnais, IL | $1,048,102 | $1,976,019 |
Youth For Christ Usa Inc Peoria, IL | $412,178 | $1,450,987 |