Civic Intelligence

Lantern Community Services Inc.

990 • Fiscal year 2015 • EIN 13-3910692

Jul 01, 2014 to Jun 30, 2015 • Filed on May 16, 2016

494 Eighth Ave 20th FloorNew York, NY 10001

(212) 398-3073

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

54th percentile

0.84x

Higher debt load relative to assets than 54% of similar nonprofits.

2015 filings • NTEE L • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

17th percentile

0.20x

Higher debt load relative to revenue than 17% of similar nonprofits.

2015 filings • NTEE L • $10M-$25M nonprofits • Source year 2015

Net Margin

44th percentile

0.9%

Higher net margin than 44% of similar nonprofits.

2015 filings • NTEE L • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

52nd percentile

$211,135

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2015 filings • NTEE L • $10M-$25M nonprofits • Source year 2015

Asset Growth

86th percentile

18%

Faster asset growth than 86% of similar nonprofits.

2015 filings • NTEE L • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

68th percentile

9.9%

Faster revenue growth than 68% of similar nonprofits.

2015 filings • NTEE L • $10M-$25M nonprofits • Annualized from 2014 to 2015

Assets

Up

$3,849,918

Up $580,837 (+18%) from 2014

Net Assets

Up

$621,535

Up $151,026 (+32%) from 2014

Liabilities

Up

$3,228,383

Up $429,811 (+15%) from 2014

Revenue

Up

$16,059,957

Up $1,441,244 (+9.9%) from 2014

Expenses

Up

$15,908,931

Up $1,487,236 (+10%) from 2014

Net Income

Down

$151,026

Down $45,992 (-23%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0-$10MAssets 2010: $2,694,091Liabilities 2010: $1,646,066Net Assets 2010: $1,048,0252010Assets 2011: $3,441,494Liabilities 2011: $2,452,943Net Assets 2011: $988,5512011Assets 2012: $2,160,780Liabilities 2012: $1,367,961Net Assets 2012: $792,8192012Assets 2013: $2,228,413Liabilities 2013: $1,440,831Net Assets 2013: $787,5822013Assets 2014: $3,269,081Liabilities 2014: $2,798,572Net Assets 2014: $470,5092014Assets 2015: $3,849,918Liabilities 2015: $3,228,383Net Assets 2015: $621,5352015Assets 2016: $2,677,651Liabilities 2016: $3,454,351Net Assets 2016: -$776,7002016Assets 2017: $3,362,022Liabilities 2017: $3,958,524Net Assets 2017: -$596,5022017Assets 2018: $4,474,742Liabilities 2018: $4,434,467Net Assets 2018: $40,2752018Assets 2019: $6,782,150Liabilities 2019: $6,639,490Net Assets 2019: $142,6602019Assets 2020: $6,573,293Liabilities 2020: $6,344,003Net Assets 2020: $229,2902020Assets 2021: $8,603,902Liabilities 2021: $8,314,991Net Assets 2021: $288,9112021Assets 2022: $16,669,620Liabilities 2022: $15,971,111Net Assets 2022: $698,5092022Assets 2023: $26,535,079Liabilities 2023: $24,817,700Net Assets 2023: $1,717,3792023Assets 2024: $29,416,981Liabilities 2024: $26,639,744Net Assets 2024: $2,777,2372024Assets 2025: $25,941,755Liabilities 2025: $23,078,066Net Assets 2025: $2,863,6892025

Highlighted filing

2015

Assets$3,849,918
Liabilities$3,228,383
Net Assets$621,535

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60M$40M$20M$0-$20MRevenue 2010: $7,361,488Expenses 2010: $7,081,927Net Income 2010: $279,5612010Expenses 2011: $9,283,0242011Revenue 2012: $4,904,605Expenses 2012: $4,781,076Net Income 2012: $123,5292012Expenses 2013: $11,029,6532013Revenue 2014: $14,618,713Expenses 2014: $14,421,695Net Income 2014: $197,0182014Revenue 2015: $16,059,957Expenses 2015: $15,908,931Net Income 2015: $151,0262015Revenue 2016: $16,320,858Expenses 2016: $16,384,736Net Income 2016: -$63,8782016Revenue 2017: $16,540,153Expenses 2017: $16,359,955Net Income 2017: $180,1982017Revenue 2018: $16,118,535Expenses 2018: $14,555,588Net Income 2018: $1,562,9472018Revenue 2019: $18,597,200Expenses 2019: $18,179,917Net Income 2019: $417,2832019Revenue 2020: $23,396,517Expenses 2020: $23,425,024Net Income 2020: -$28,5072020Revenue 2021: $30,172,757Expenses 2021: $30,113,136Net Income 2021: $59,6212021Revenue 2022: $38,511,196Expenses 2022: $38,101,598Net Income 2022: $409,5982022Revenue 2023: $47,384,655Expenses 2023: $46,365,785Net Income 2023: $1,018,8702023Revenue 2024: $47,324,503Expenses 2024: $46,264,645Net Income 2024: $1,059,8582024Revenue 2025: $38,906,920Expenses 2025: $38,820,468Net Income 2025: $86,4522025

Highlighted filing

2015

Revenue$16,059,957
Expenses$15,908,931
Net Income$151,026
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 16, 2016
Return Version
2014v6.0
Gross Receipts
$16,673,590
Mission and Program Overview

Mission

Lantern community services' mission is to champion the independence and well-being of people who are impacted by or threatened with homelessness.

Lantern community services provides innovative services to help new yorkers who are formerly homeless or have recently aged out of foster care recreate their lives. Our programs with proven results in health, employment, education and life skills are delivered inside our residences and tailored to each person's needs. We provide our clients - many of whom live with mental illness, addiction, disability, hiv or other chronic illnesses - with the tools they need to integrate successfully into the greater community with dignity and independence.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$1,103,388$2,559,705▲ $1,456,317
Cash and Non-Interest-Bearing Accounts$840,481$534,842▼ $305,639
Land, Buildings, and Equipment, Net$1,051,324$516,341▼ $534,983
Prepaid Expenses and Deferred Charges$85,428$72,931▼ $12,497
Total Assets$3,269,081$3,849,918▲ $580,837
Other Assets Total$188,460$166,099▼ $22,361
Liabilities
Accounts Payable and Accrued Expenses$1,159,872$1,492,231▲ $332,359
Mortgage Notes Payable Secured by Investment Property$1,245,742$904,860▼ $340,882
Grants Payable$365,958$831,292▲ $465,334
Other Liabilities$27,000--
Total Liabilities$2,798,572$3,228,383▲ $429,811
Net Assets / Fund Balance
Unrestricted Net Assets$470,509$511,535▲ $41,026
Temporarily Rstr Net Assets-$110,000-
Total Net Assets Fund Balance$470,509$621,535▲ $151,026
Total Liabilities and Net Assets / Fund Balance$3,269,081$3,849,918▲ $580,837

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$323,627$451,895$775,522
Equipment$57,216$479,441$536,657
Land$135,498-$135,498
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Laura LazarusExecutive DiPT$146,154$64,981$211,135
Laura LazarusExecutive Director-$146,154-$146,154
Pete MatarazzoCFOPT$123,234$68,404$123,234

Board Members and Trustees

NameTitle
Amy LaroverePresident
Mal FallonBoard Member
Melinda Mlinac EsqBoard Member
Rafal MarkwatSecretary
Craig HarwoodVice Preside

Highest Paid Contractors

ContractorServicesLocationCompensation
Securit Protection Services INCSecurity860 MELROSE AVE SUITE 2, 7TH FLOOR, Bronx, NY 10451$1,087,437
Andrews SecuritySecurityPO BOX 935461, Atlanta, GA 31191$419,312
Greenkey ResourcesTemp Agency475 PARK AVE SOUTH, New York, NY 10016$140,571
Tristate Apartment FurnishersFurnishing431 TIMPSON PLACE, Bronx, NY 10455$101,862
Revenue and Support

Revenue Composition

Contributions and Grants
$16,083,590
Program Service Revenue
$0
Investment Income
$-23,633
Other Revenue
$0
All Other Contributions
$371,298
Change in Net Assets
$151,026

Audited Revenue Reconciliation

Revenue per Audited Statements
$16,059,957
Total Revenue per Audited Statements
$16,059,957
Total Revenue per Form 990
$16,059,957
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$7,994,733
Other Expenses$7,914,198
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,531,195$372,882-$5,904,077
Occupancy$1,873,843$247,397-$2,121,240
All Other Expenses$1,167,662$235,995-$1,403,657
Other Employee Benefits$947,670$118,461-$1,066,131
Payroll Taxes$590,213$59,312-$649,525
Other Expenses$388,644$14,445-$403,089
Current Officers, Directors, Trustees, and Key Employees$352,500$22,500-$375,000
Office Expenses$138,044$46,777-$184,821
Insurance$96,826$22,456-$119,282
Fees for Services Legal$26,753$71,984-$98,737
Conferences and Meetings$51,733$35,067-$86,800
Fees for Services Accounting$80,000--$80,000
Depreciation Depletion-$47,122-$47,122
Interest$33,189--$33,189
Total Functional Expenses$14,546,483$1,362,448$0$15,908,931

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$15,908,931
Total Expenses per Audited Statements$15,908,931
Total Expenses per Form 990$15,908,931
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The completed 990 is submitted first to the audit committee for review. Once reviewed and approved by the audit committee, the 990 is circulated to the full board before it is filed with the irs.

Form 990, Page 6, Part VI, Line 12C

A copy of the conflict of interest compliance policy is attached

Form 990, Page 6, Part VI, Line 15A

The board performs an annual review of the executive director's performance and then evaluates compensation based on performance and comparable organizations.

Form 990, Page 6, Part VI, Line 19

Lantern community services makes its 990 available to the public through the ny state attorney general's website and upon written request to the organization, lantern community services inc, 494 8th ave, 20th floor,new york, ny 10001.

Form 990, Page 7, Part VII

Parent organization has filed a separate return

Filing and Contact Details

Filer

Filer Name
Lantern Community Services Inc
EIN
13-3910692
Phone
2123983073
Address
494 EIGHTH AVE 20TH FLOOR, NEW YORK, NY 10001

Signing Officer

Name
Amy Larovere
Title
Director
Phone
2123983073
Signed
2016-05-16
Discuss with paid preparer
Yes

Organization Details

Formed
1996
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
3
Employees
107

Preparer

Firm
Geltrude & Company LLC
Address
517 FRANKLIN AVE, NUTLEY, NJ 07110-1746
Preparer
Michael W Carlon
Phone
9736679100
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Lantern community services provides innovative services to help new yorkers who are formerly homeless or have recently aged out of foster care recreate their lives. Our programs with proven results in health, employment, education and life skills are delivered inside our residences and tailored to each person's needs. We provide our clients - many of whom live with mental illness, addiction, disability, hiv or other chronic illnesses - with the tools they need to integrate successfully into the greater community with dignity and independence.

Form 990, Part XI, Line 9

Excess of liabilites assumed over assets acqired 0 in acquisition of mti residential services 0

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IRS990/LandBldgEquipCostOrOtherBssAmt01447677
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IRS990/MissionDesc0LANTERN COMMUNITY SERVICES PROVIDES INNOVATIVE SERVICES TO HELP NEW YORKERS WHO ARE FORMERLY HOMELESS OR HAVE RECENTLY AGED OUT OF FOSTER CARE RECREATE THEIR LIVES. OUR PROGRAMS WITH PROVEN RESULTS IN HEALTH, EMPLOYMENT, EDUCATION AND LIFE SKILLS ARE DELIVERED INSIDE OUR RESIDENCES AND TAILORED TO EACH PERSON'S NEEDS. WE PROVIDE OUR CLIENTS - MANY OF WHOM LIVE WITH MENTAL ILLNESS, ADDICTION, DISABILITY, HIV OR OTHER CHRONIC ILLNESSES - WITH THE TOOLS THEY NEED TO INTEGRATE SUCCESSFULLY INTO THE GREATER COMMUNITY WITH DIGNITY AND INDEPENDENCE.
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IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0904860
IRS990/NetAssetsOrFundBalancesBOYAmt0470509
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IRS990/OccupancyGrp/TotalAmt02121240
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt046777
IRS990/OfficeExpensesGrp/ProgramServicesAmt0138044
IRS990/OfficeExpensesGrp/TotalAmt0184821
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0188460
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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0118461
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0947670
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01066131
IRS990/OtherExpensesGrp/Desc0CONTRACTED SECURITY
IRS990/OtherExpensesGrp/Desc1ADMINISTRATIVE OVERHEAD
IRS990/OtherExpensesGrp/Desc2SUPPLIES, START-UP,CONTIN
IRS990/OtherExpensesGrp/Desc3UTILITIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt055736
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt112314
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt214445
IRS990/OtherExpensesGrp/ProgramServicesAmt01616968
IRS990/OtherExpensesGrp/ProgramServicesAmt11194418
IRS990/OtherExpensesGrp/ProgramServicesAmt2456825
IRS990/OtherExpensesGrp/ProgramServicesAmt3388644
IRS990/OtherExpensesGrp/TotalAmt01672704
IRS990/OtherExpensesGrp/TotalAmt11194418
IRS990/OtherExpensesGrp/TotalAmt2469139
IRS990/OtherExpensesGrp/TotalAmt3403089
IRS990/OtherLiabilitiesGrp/BOYAmt027000
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0372882
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt05531195
IRS990/OtherSalariesAndWagesGrp/TotalAmt05904077
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt059312
IRS990/PayrollTaxesGrp/ProgramServicesAmt0590213
IRS990/PayrollTaxesGrp/TotalAmt0649525
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01103388
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt02559705
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt085428
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt072931
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt014618713
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt07106805
IRS990/PYRevenuesLessExpensesAmt0197018
IRS990/PYSalariesCompEmpBnftPaidAmt07314890
IRS990/PYTotalExpensesAmt014421695
IRS990/PYTotalRevenueAmt014618713
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0151026
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt016083590
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt014618713
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt030702303
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt030702303
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt016083590
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt014618713
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt030702303
IRS990ScheduleA/TotalSupportAmt030702303
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/DirectContactLegislatorsAmt032000
IRS990ScheduleC/DirectContactLegislatorsInd0true
IRS990ScheduleC/GrantsOtherOrganizationsInd0false
IRS990ScheduleC/MailingsMembersInd0false
IRS990ScheduleC/MediaAdvertisementsInd0false
IRS990ScheduleC/NotDescribedSection501c3Ind0false
IRS990ScheduleC/OtherActivitiesInd0false
IRS990ScheduleC/PaidStaffOrManagementInd0false
IRS990ScheduleC/PublicationsOrBroadcastInd0false
IRS990ScheduleC/RalliesDemonstrationsInd0false
IRS990ScheduleC/TotalLobbyingExpendituresAmt032000
IRS990ScheduleC/VolunteersInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0323627
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0451895
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0775522
IRS990ScheduleD/EquipmentGrp/BookValueAmt057216
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0479441
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0536657
IRS990ScheduleD/ExpensesSubtotalAmt015908931
IRS990ScheduleD/LandGrp/BookValueAmt0135498
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0135498
IRS990ScheduleD/RevenueSubtotalAmt016059957
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0516341
IRS990ScheduleD/TotalExpensesPerForm990Amt015908931
IRS990ScheduleD/TotalRevenuePerForm990Amt016059957
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt016059957
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt015908931
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0146154
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1123234
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt053846
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt145618
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt011135
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt122786
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0LAURA LAZARUS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1PETE MATARAZZO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0146154
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1123234
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt064981
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt168404
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LANTERN COMMUNITY SERVICES PROVIDES INNOVATIVE SERVICES TO HELP NEW YORKERS WHO ARE FORMERLY HOMELESS OR HAVE RECENTLY AGED OUT OF FOSTER CARE RECREATE THEIR LIVES. OUR PROGRAMS WITH PROVEN RESULTS IN HEALTH, EMPLOYMENT, EDUCATION AND LIFE SKILLS ARE DELIVERED INSIDE OUR RESIDENCES AND TAILORED TO EACH PERSON'S NEEDS. WE PROVIDE OUR CLIENTS - MANY OF WHOM LIVE WITH MENTAL ILLNESS, ADDICTION, DISABILITY, HIV OR OTHER CHRONIC ILLNESSES - WITH THE TOOLS THEY NEED TO INTEGRATE SUCCESSFULLY INTO THE GREATER COMMUNITY WITH DIGNITY AND INDEPENDENCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE COMPLETED 990 IS SUBMITTED FIRST TO THE AUDIT COMMITTEE FOR REVIEW. ONCE REVIEWED AND APPROVED BY THE AUDIT COMMITTEE, THE 990 IS CIRCULATED TO THE FULL BOARD BEFORE IT IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE CONFLICT OF INTEREST COMPLIANCE POLICY IS ATTACHED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD PERFORMS AN ANNUAL REVIEW OF THE EXECUTIVE DIRECTOR'S PERFORMANCE AND THEN EVALUATES COMPENSATION BASED ON PERFORMANCE AND COMPARABLE ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4LANTERN COMMUNITY SERVICES MAKES ITS 990 AVAILABLE TO THE PUBLIC THROUGH THE NY STATE ATTORNEY GENERAL'S WEBSITE AND UPON WRITTEN REQUEST TO THE ORGANIZATION, LANTERN COMMUNITY SERVICES INC, 494 8TH AVE, 20TH FLOOR,NEW YORK, NY 10001.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PARENT ORGANIZATION HAS FILED A SEPARATE RETURN
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6EXCESS OF LIABILITES ASSUMED OVER ASSETS ACQIRED 0 IN ACQUISITION OF MTI RESIDENTIAL SERVICES 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 7, PART VII
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0110000
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03269081
IRS990/TotalAssetsEOYAmt03849918
IRS990/TotalAssetsGrp/BOYAmt03269081
IRS990/TotalAssetsGrp/EOYAmt03849918
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt016083590
IRS990/TotalEmployeeCnt0107
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01362448
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt014546483
IRS990/TotalFunctionalExpensesGrp/TotalAmt015908931
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02798572
IRS990/TotalLiabilitiesEOYAmt03228383
IRS990/TotalLiabilitiesGrp/BOYAmt02798572
IRS990/TotalLiabilitiesGrp/EOYAmt03228383
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0470509
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0621535
IRS990/TotalOtherCompensationAmt033921
IRS990/TotalProgramServiceExpensesAmt014546483
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IRS990/TotalRevenueGrp/ExclusionAmt0-23633
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt016059957

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$25.9$23.1$2.86$38.9$38.8$0.09
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$29.4$26.6$2.78$47.3$46.3$1.06
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.5$24.8$1.72$47.4$46.4$1.02
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.7$16.0$0.70$38.5$38.1$0.41
2021Detailed filing. Detailed filing data is available for this year.$8.60$8.31$0.29$30.2$30.1$0.06
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.57$6.34$0.23$23.4$23.4$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.78$6.64$0.14$18.6$18.2$0.42
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.47$4.43$0.04$16.1$14.6$1.56
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.36$3.96$0.60$16.5$16.4$0.18
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.68$3.45$0.78$16.3$16.4$0.06
2015Detailed filing. Detailed filing data is available for this year.$3.85$3.23$0.62$16.1$15.9$0.15
2014Detailed filing. Detailed filing data is available for this year.$3.27$2.80$0.47$14.6$14.4$0.20
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.23$1.44$0.79$11.0
2012Summary only. Only limited summary data is available for this year.$2.16$1.37$0.79$4.90$4.78$0.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.44$2.45$0.99$9.28
2010Summary only. Only limited summary data is available for this year.$2.69$1.65$1.05$7.36$7.08$0.28