Civic Intelligence

Lantern Organization Inc.

990 • Fiscal year 2012 • EIN 13-3960661

Jan 01, 2012 to Dec 31, 2012 • Filed on Sep 09, 2013

42 W 39th Street 14th Floor10018
Siviq Scores

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

Liabilities / Assets

52nd percentile

0.28x

Higher debt load relative to assets than 52% of similar nonprofits.

2012 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

73rd percentile

9.4%

Faster asset growth than 73% of similar nonprofits.

2012 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$14,849,161

Up $1,271,594 (+9.4%) from 2011

Net Assets

Up

$10,629,403

Up $1,082,786 (+11%) from 2011

Liabilities

Up

$4,219,758

Up $188,808 (+4.7%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$648,415

Up $15,188 (+2.4%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2011: $13,577,567Liabilities 2011: $4,030,950Net Assets 2011: $9,546,6172011Assets 2012: $14,849,161Liabilities 2012: $4,219,758Net Assets 2012: $10,629,4032012Assets 2013: $11,389,363Liabilities 2013: $631,801Net Assets 2013: $10,757,5622013Assets 2014: $10,964,043Liabilities 2014: $83,206Net Assets 2014: $10,880,8372014Assets 2015: $10,921,158Liabilities 2015: $29,946Net Assets 2015: $10,891,2122015Assets 2016: $11,301,222Liabilities 2016: $155,221Net Assets 2016: $11,146,0012016Assets 2017: $23,501,354Liabilities 2017: $4,172,462Net Assets 2017: $19,328,8922017Assets 2018: $27,910,631Liabilities 2018: $8,412,945Net Assets 2018: $19,497,6862018Assets 2019: $33,079,496Liabilities 2019: $10,526,888Net Assets 2019: $22,552,6082019Assets 2020: $27,431,747Liabilities 2020: $4,060,026Net Assets 2020: $23,371,7212020Assets 2021: $27,995,063Liabilities 2021: $4,845,608Net Assets 2021: $23,149,4552021Assets 2022: $40,301,929Liabilities 2022: $9,360,937Net Assets 2022: $30,940,9922022Assets 2023: $54,988,060Liabilities 2023: $23,063,328Net Assets 2023: $31,924,7322023Assets 2024: $57,031,398Liabilities 2024: $23,224,031Net Assets 2024: $33,807,3672024

Highlighted filing

2012

Assets$14,849,161
Liabilities$4,219,758
Net Assets$10,629,403

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2011: $633,2272011Expenses 2012: $648,4152012Revenue 2013: $689,394Expenses 2013: $561,235Net Income 2013: $128,1592013Revenue 2014: $663,345Expenses 2014: $540,070Net Income 2014: $123,2752014Revenue 2015: $222,875Expenses 2015: $212,500Net Income 2015: $10,3752015Revenue 2016: $593,900Expenses 2016: $339,111Net Income 2016: $254,7892016Revenue 2017: $1,002,877Expenses 2017: $778,888Net Income 2017: $223,9892017Revenue 2018: $568,667Expenses 2018: $399,873Net Income 2018: $168,7942018Revenue 2019: $1,245,078Expenses 2019: $401,156Net Income 2019: $843,9222019Revenue 2020: $984,787Expenses 2020: $165,674Net Income 2020: $819,1132020Revenue 2021: $1,032,369Expenses 2021: $1,270,635Net Income 2021: -$238,2662021Revenue 2022: $14,682,075Expenses 2022: $5,962,360Net Income 2022: $8,719,7152022Revenue 2023: $17,036,290Expenses 2023: $16,052,550Net Income 2023: $983,7402023Revenue 2024: $20,764,803Expenses 2024: $18,508,922Net Income 2024: $2,255,8812024

Highlighted filing

2012

Revenue-
Expenses$648,415
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Sep 9, 2013
Return Version
2012v2.0
Gross Receipts
$2,480,978
Mission and Program Overview

Mission

Develop housing for people with special needs.

Filing and Contact Details

Filer

EIN
13-3960661
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IRS990ScheduleO/GeneralExplanation/Explanation0LANTERN MAKES ITS 990 AVAILABLE TO THE PUBLIC THROUGH THE NEW YORK STATE ATTORNEY GENERAL'S WEBSITE AND UPON WRITTEN REQUEST TO ALAN CHAN, CONTROLLER, LANTERN ORGANIZATION, 42 W. 39TH STREET, 14TH FLOOR, NY, NY 10018.
IRS990ScheduleO/GeneralExplanation/Explanation1THE 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/GeneralExplanation/Explanation2LANTERN ORGANIZATION, INC., 42 W. 39TH STREET, NY, NY 10018.
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IRS990ScheduleR/Form990ScheduleRPartII/ExemptCodeSection6501 (C)(3)
IRS990ScheduleR/Form990ScheduleRPartII/LegalDomicileState0NY
IRS990ScheduleR/Form990ScheduleRPartII/LegalDomicileState1NY
IRS990ScheduleR/Form990ScheduleRPartII/LegalDomicileState2NY
IRS990ScheduleR/Form990ScheduleRPartII/LegalDomicileState3NY
IRS990ScheduleR/Form990ScheduleRPartII/LegalDomicileState4NY
IRS990ScheduleR/Form990ScheduleRPartII/LegalDomicileState5NY
IRS990ScheduleR/Form990ScheduleRPartII/LegalDomicileState6NY
IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine10HOME FIRST HDFC
IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine11AUDUBON HDFC
IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine12MICASA HDFC
IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine13BILANDER HDFC
IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine14CLOVER HDFC
IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine15SCHAFER MEWS HDFC
IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine16AMBER HDFC
IRS990ScheduleR/Form990ScheduleRPartII/PrimaryActivities0DEVELOPMENT
IRS990ScheduleR/Form990ScheduleRPartII/PrimaryActivities1DEVELOPMENT
IRS990ScheduleR/Form990ScheduleRPartII/PrimaryActivities2DEVELOPMENT
IRS990ScheduleR/Form990ScheduleRPartII/PrimaryActivities3DEVELOPMENT
IRS990ScheduleR/Form990ScheduleRPartII/PrimaryActivities4DEVELOPMENT
IRS990ScheduleR/Form990ScheduleRPartII/PrimaryActivities5DEVELOPMENT
IRS990ScheduleR/Form990ScheduleRPartII/PrimaryActivities6DEVELOPMENT

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$57.0$23.2$33.8$20.8$18.5$2.26
2023Detailed filing. Detailed filing data is available for this year.$55.0$23.1$31.9$17.0$16.1$0.98
2022Detailed filing. Detailed filing data is available for this year.$40.3$9.36$30.9$14.7$5.96$8.72
2021Detailed filing. Detailed filing data is available for this year.$28.0$4.85$23.1$1.03$1.27$0.24
2020Detailed filing. Detailed filing data is available for this year.$27.4$4.06$23.4$0.98$0.17$0.82
2019Detailed filing. Detailed filing data is available for this year.$33.1$10.5$22.6$1.25$0.40$0.84
2018Detailed filing. Detailed filing data is available for this year.$27.9$8.41$19.5$0.57$0.40$0.17
2017Detailed filing. Detailed filing data is available for this year.$23.5$4.17$19.3$1.00$0.78$0.22
2016Detailed filing. Detailed filing data is available for this year.$11.3$0.16$11.1$0.59$0.34$0.25
2015Detailed filing. Detailed filing data is available for this year.$10.9$0.03$10.9$0.22$0.21$0.01
2014Detailed filing. Detailed filing data is available for this year.$11.0$0.08$10.9$0.66$0.54$0.12
2013Detailed filing. Detailed filing data is available for this year.$11.4$0.63$10.8$0.69$0.56$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.8$4.22$10.6$0.65
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.6$4.03$9.55$0.63