Civic Intelligence

The Lamp Foundation Inc.

990 • Fiscal year 2014 • EIN 13-4336539

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 16, 2015

PO Box 39703Philadlephia, PA 19106

(267) 295-2822

Siviq Scores

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

Liabilities / Assets

29th percentile

0.03x

Higher debt load relative to assets than 29% of similar nonprofits.

2014 filings • NTEE E • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

17th percentile

0.01x

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

2014 filings • NTEE E • $1M-$5M nonprofits • Source year 2014

Net Margin

67th percentile

7.7%

Higher net margin than 67% of similar nonprofits.

2014 filings • NTEE E • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

31st percentile

$10,000

Higher top officer pay than 31% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2014 filings • NTEE E • $1M-$5M nonprofits • Source year 2014

Asset Growth

95th percentile

55%

Faster asset growth than 95% of similar nonprofits.

2014 filings • NTEE E • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

99th percentile

454%

Faster revenue growth than 99% of similar nonprofits.

2014 filings • NTEE E • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$298,363

Up $105,479 (+55%) from 2013

Net Assets

Up

$290,375

Up $97,491 (+51%) from 2013

Liabilities

Up

$7,988

Up $7,988 from 2013

Revenue

Up

$1,268,983

Up $1,040,086 (+454%) from 2013

Expenses

Up

$1,171,492

Up $920,092 (+366%) from 2013

Net Income

Up

$97,491

Up $119,994 (+533%) from 2013

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $391,688Liabilities 2011: $02011Assets 2012: $215,387Net Assets 2012: $215,3872012Assets 2013: $192,884Liabilities 2013: $0Net Assets 2013: $192,8842013Assets 2014: $298,363Liabilities 2014: $7,988Net Assets 2014: $290,3752014Assets 2015: $291,427Liabilities 2015: $1,408Net Assets 2015: $290,0192015Assets 2016: $380,009Liabilities 2016: $1,365Net Assets 2016: $378,6442016Assets 2017: $395,927Liabilities 2017: $10,436Net Assets 2017: $385,4912017Assets 2018: $444,554Liabilities 2018: $500Net Assets 2018: $444,0542018Assets 2019: $430,506Liabilities 2019: $10,491Net Assets 2019: $420,0152019Assets 2020: $449,876Liabilities 2020: $56,538Net Assets 2020: $393,3382020Assets 2021: $611,146Liabilities 2021: $16,718Net Assets 2021: $594,4282021Assets 2022: $665,046Liabilities 2022: $9,766Net Assets 2022: $655,2802022Assets 2023: $542,587Liabilities 2023: $8,787Net Assets 2023: $533,8002023Assets 2024: $706,500Liabilities 2024: $7,393Net Assets 2024: $699,1072024

Highlighted filing

2014

Assets$298,363
Liabilities$7,988
Net Assets$290,375

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2011: $128,505Expenses 2011: $267,527Net Income 2011: -$139,0222011Revenue 2012: $97,344Expenses 2012: $273,645Net Income 2012: -$176,3012012Revenue 2013: $228,897Expenses 2013: $251,400Net Income 2013: -$22,5032013Revenue 2014: $1,268,983Expenses 2014: $1,171,492Net Income 2014: $97,4912014Revenue 2015: $440,483Expenses 2015: $448,827Net Income 2015: -$8,3442015Revenue 2016: $1,729,921Expenses 2016: $1,641,296Net Income 2016: $88,6252016Revenue 2017: $1,770,327Expenses 2017: $1,763,480Net Income 2017: $6,8472017Revenue 2018: $1,248,047Expenses 2018: $1,189,484Net Income 2018: $58,5632018Revenue 2019: $578,749Expenses 2019: $607,263Net Income 2019: -$28,5142019Revenue 2020: $542,514Expenses 2020: $565,248Net Income 2020: -$22,7342020Revenue 2021: $809,866Expenses 2021: $608,776Net Income 2021: $201,0902021Revenue 2022: $1,866,053Expenses 2022: $1,805,201Net Income 2022: $60,8522022Revenue 2023: $409,065Expenses 2023: $530,545Net Income 2023: -$121,4802023Revenue 2024: $708,438Expenses 2024: $543,131Net Income 2024: $165,3072024

Highlighted filing

2014

Revenue$1,268,983
Expenses$1,171,492
Net Income$97,491
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 16, 2015
Return Version
2014v5.0
Gross Receipts
$1,289,062
Mission and Program Overview

Mission

Through the provision of quality, cost-effective medical care and humanitarian assistance, The Lamp Foundation works with and for the people of Haiti to improve the lives of some of the most marginalized persons in the Haitian society. Our work is done in collaboration with local residents, other Haitian professionals, and both governmental and nongovernmental partners. The Lamp Foundation is non-profit, non-sectarian, and apolitical. Transparency to the community, patients, donors, and governing bodies is a sine qua non.

Through the provision of quality, free medical care and humanitarian assistance, The Lamp Foundation works with and for the people of Haiti to improve the lives of some of the most marginalized persons in Haitian society. Our work is done in collaboration with local residents, other Haitian professionals, and both governmental and nongovernmental partners. The Lamp Foundation is non-profit, non-sectarian, and apolitical. Transparency to the community, patients, donors, and governing bodies is a sine qua non.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$117,453$157,384▲ $39,931
Land, Buildings, and Equipment, Net$75,431$140,979▲ $65,548
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$192,884$298,363▲ $105,479
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses-$7,988-
Total Liabilities$0$7,988▲ $7,988
Net Assets / Fund Balance
Unrestricted Net Assets$132,353$262,859▲ $130,506
Temporarily Rstr Net Assets$60,531$27,516▼ $33,015
Total Net Assets Fund Balance$192,884$290,375▲ $97,491
Total Liabilities and Net Assets / Fund Balance$192,884$298,363▲ $105,479

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$96,186$57,643$153,829
Leasehold Improvements$31,223$1,526$32,749
Land$10,000-$10,000
Other Land Buildings$3,570$1,336$4,906
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Henry ReimerExecutive DirectorFT$10,000$10,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,219,878
Program Service Revenue
$0
Investment Income
$53
Other Revenue
$49,052
All Other Contributions
$1,219,878
Change in Net Assets
$97,491

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported Amount
Drugs and Medical Supplies$942,819
Total Noncash Contributions$942,819

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,268,983
Total Revenue per Audited Statements
$1,268,983
Total Revenue per Form 990
$1,268,983
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,052,576
Salaries, Compensation, and Employee Benefits$118,916
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$99,873--$99,873
Depreciation Depletion$22,767--$22,767
All Other Expenses$13,277--$13,277
Current Officers, Directors, Trustees, and Key Employees$7,500$2,500-$10,000
Travel$9,359--$9,359
Payroll Taxes$6,782$2,261-$9,043
Other Expenses$7,996--$7,996
Occupancy$6,000--$6,000
Office Expenses$4,993$335-$5,328
Fees for Services Accounting-$3,500-$3,500
Insurance-$2,536-$2,536
Total Functional Expenses$1,160,360$11,132$0$1,171,492

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,171,492
Total Expenses per Audited Statements$1,171,492
Total Expenses per Form 990$1,171,492
International Activity

International Summary

Offices
1
Employees
13
Spending
$353,887

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America & CaribbeanMedicalHealth Care113$353,887
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$69,131
Fundraising Direct Expenses$20,079
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Art Fundraiser$69,131$69,131$20,079$49,052
Total Events$69,131$69,131$20,079$49,052
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
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
Yes
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, Part VI, Line 11B: Form 990 Review Process

Independent accountant will provide draft copies of Form 990 to the Board of Directors for review and approval prior to filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Each director, principal officer, and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person has received a copy of the conflicts of interest policy, has read and understands the policy, has agreed to comply with the policy, and understands the Organization is charitable and in order to maintain its federal tax exemption, it must engage primarily in activities which accomplish one or more of its tax exempt purposes.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Compensation is compared with industry standards. For example, in Haiti, three similar medical non-governmental organizations were compared and this was in turn compared to Haitian Government salaries. Government guidelines for NGOs were taken into account.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Compensation is compared with industry standards. For example, in Haiti, three similar medical non-governmental organizations were compared and this was in turn compared to Haitian Government salaries. Government guidelines for NGOs were taken into account.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Documents are available upon request

Filing and Contact Details

Filer

Filer Name
The Lamp Foundation Inc
EIN
13-4336539
Phone
2672952822
Address
PO Box 39703, Philadlephia, PA 19106

Signing Officer

Name
Pamela Hawes
Title
Treasurer
Signed
2015-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Henry Reimer
Formed
2006
Legal Domicile
Pa
Voting Board Members
8
Independent Board Members
8
Employees
1
Volunteers
9

Preparer

Firm
Morey Nee Buck & Oswald LLC
Address
2571 BAGLYOS CIR STE B20, BETHLEHEM, PA 18020-8046
Preparer
William C Oswald
Phone
6108821000
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The preparation of the financial statements in conformity with accounting principles generally accepted in the United States of America requires the Organization to report information regarding its exposure to various tax positions taken. Management has performed their evaluation and believes there are no unrecognized tax positions that are required to be disclosed.The Organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits in progress for any open tax periods.

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IRS990/MissionDesc0Through the provision of quality, free medical care and humanitarian assistance, The Lamp Foundation works with and for the people of Haiti to improve the lives of some of the most marginalized persons in Haitian society. Our work is done in collaboration with local residents, other Haitian professionals, and both governmental and nongovernmental partners. The Lamp Foundation is non-profit, non-sectarian, and apolitical. Transparency to the community, patients, donors, and governing bodies is a sine qua non.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The preparation of the financial statements in conformity with accounting principles generally accepted in the United States of America requires the Organization to report information regarding its exposure to various tax positions taken. Management has performed their evaluation and believes there are no unrecognized tax positions that are required to be disclosed.The Organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits in progress for any open tax periods.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0CENTRAL AMERICA & CARIBBEAN
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0HEALTH CARE
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0MEDICAL
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.71$0.01$0.70$0.71$0.54$0.17
2023Summary only. Only limited summary data is available for this year.$0.54$0.01$0.53$0.41$0.53$0.12
2022Summary only. Only limited summary data is available for this year.$0.67$0.01$0.66$1.87$1.81$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.61$0.02$0.59$0.81$0.61$0.20
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.45$0.06$0.39$0.54$0.57$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.43$0.01$0.42$0.58$0.61$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.44$0.00$0.44$1.25$1.19$0.06
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.01$0.39$1.77$1.76$0.01
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.38$0.00$0.38$1.73$1.64$0.09
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.29$0.00$0.29$0.44$0.45$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.30$0.01$0.29$1.27$1.17$0.10
2013Detailed filing. Detailed filing data is available for this year.$0.19$0.00$0.19$0.23$0.25$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.22$0.10$0.27$0.18
2011Summary only. Only limited summary data is available for this year.$0.39$0.00$0.13$0.27$0.14