Civic Intelligence

Lantern Light Inc.

990 • Fiscal year 2017 • EIN 20-4769645

Jan 01, 2017 to Dec 31, 2017 • Filed on Apr 15, 2018

Organization ProfileLANTERNLIGHT.ORG
1802 Tulane AvenueNew Orleans, LA 70112

(504) 273-5573

Siviq Scores

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

Liabilities / Assets

19th percentile

0.00x

Higher debt load relative to assets than 19% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

25th percentile

0.02x

Higher debt load relative to revenue than 25% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

11th percentile

-25%

Higher net margin than 11% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

5th percentile

-22%

Faster asset growth than 5% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

7th percentile

-34%

Faster revenue growth than 7% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets19th percentile

Assets

Down

$1,582,732

Down $453,982 (-22%) from 2016

Net Assets

Down

$1,578,927

Down $54,461 (-3.3%) from 2016

Liabilities

Down

$3,805

Down $399,521 (-99%) from 2016

Revenue And Expenses
Liabilities / Revenue25th percentileNet Margin11th percentile

Revenue

Down

$218,671

Down $111,833 (-34%) from 2016

Expenses

Up

$273,132

Up $3,502 (+1.3%) from 2016

Net Income

Down

-$54,461

Down $115,335 (-189%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth5th percentile

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

$3.0M$2.0M$1.0M$0Assets 2015: $1,614,741Liabilities 2015: $2,830Net Assets 2015: $1,611,9112015Assets 2016: $2,036,714Liabilities 2016: $403,326Net Assets 2016: $1,633,3882016Assets 2017: $1,582,732Liabilities 2017: $3,805Net Assets 2017: $1,578,9272017Assets 2019: $1,528,749Liabilities 2019: $1,000Net Assets 2019: $1,527,7492019Assets 2020: $1,602,442Liabilities 2020: $26,988Net Assets 2020: $1,575,4542020Assets 2021: $1,525,492Liabilities 2021: $2,763Net Assets 2021: $1,522,7292021Assets 2022: $1,396,855Liabilities 2022: $1,610Net Assets 2022: $1,395,2452022Assets 2023: $1,287,487Liabilities 2023: $1,400Net Assets 2023: $1,286,0872023Assets 2024: $1,180,379Liabilities 2024: $1,999Net Assets 2024: $1,178,3802024

Highlighted filing

2017

Assets$1,582,732
Liabilities$3,805
Net Assets$1,578,927
Open 2017 Filing

Operations Trend

Revenue Growth7th percentile

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

$400K$200K$0-$200KRevenue 2015: $292,065Expenses 2015: $225,728Net Income 2015: $66,3372015Revenue 2016: $330,504Expenses 2016: $269,630Net Income 2016: $60,8742016Revenue 2017: $218,671Expenses 2017: $273,132Net Income 2017: -$54,4612017Revenue 2019: $250,618Expenses 2019: $278,725Net Income 2019: -$28,1072019Revenue 2020: $283,019Expenses 2020: $251,731Net Income 2020: $31,2882020Revenue 2021: $223,406Expenses 2021: $247,658Net Income 2021: -$24,2522021Revenue 2022: $242,158Expenses 2022: $294,995Net Income 2022: -$52,8372022Revenue 2023: $211,657Expenses 2023: $315,181Net Income 2023: -$103,5242023Revenue 2024: $194,804Expenses 2024: $325,862Net Income 2024: -$131,0582024

Highlighted filing

2017

Revenue$218,671
Expenses$273,132
Net Income-$54,461
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Apr 15, 2018
Return Version
2017v2.3
Gross Receipts
$218,671
Mission and Program Overview

Mission

Providing a place of peace, support, and encouragement to the working poor and homeless, in downtown new orleans as they rebuild their lives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,025,117$1,038,715▲ $13,598
Cash and Non-Interest-Bearing Accounts$1,003,027$542,664▼ $460,363
Land, Buildings, and Equipment, Net$8,570--
Prepaid Expenses and Deferred Charges-$1,353-
Total Assets$2,036,714$1,582,732▼ $453,982
Liabilities
Other Liabilities$400,979--
Accounts Payable and Accrued Expenses$2,347$3,805▲ $1,458
Total Liabilities$403,326$3,805▼ $399,521
Net Assets / Fund Balance
Unrestricted Net Assets$1,633,388$1,578,927▼ $54,461
Total Net Assets Fund Balance$1,633,388$1,578,927▼ $54,461
Total Liabilities and Net Assets / Fund Balance$2,036,714$1,582,732▼ $453,982

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$15,915$15,915
Other Land Buildings-$4,589$4,589
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Francis BolognaPresident
David HardinBoard Member
Donna FoleyBoard Member
Hunter HarrisBoard Member
Mickey PalmisanoBoard Member
Regina MolonyBoard Member
Steve SabrierBoard Member
Steve BraudTreasurer
Elaine BergeronVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$186,869
Program Service Revenue
$6,969
Investment Income
$14,950
Other Revenue
$9,883
All Other Contributions
$186,869
Change in Net Assets
$-54,461
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$140,024
Other Expenses$121,598
Grants and Similar Amounts Paid$11,510
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$104,904$18,513-$123,417
Occupancy-$28,025-$28,025
All Other Expenses$5,241$6,558-$11,799
Grants to Domestic Individuals$11,510--$11,510
Payroll Taxes$8,002$1,412-$9,414
Other Employee Benefits$6,115$1,078-$7,193
Other Expenses$2,339$4,144-$6,483
Fees for Services Accounting-$5,451-$5,451
Office Expenses$847$3,483-$4,330
Insurance$3,904--$3,904
Depreciation Depletion-$1,661-$1,661
Total Functional Expenses$202,807$70,325$0$273,132
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
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
No
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 990 is provided to management and the board for review and approval before being submitted to the irs.”

Form 990, Page 6, Part VI, Line 19

“Documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Lantern Light Inc
EIN
20-4769645
Phone
5042735573
Address
1802 TULANE AVENUE, NEW ORLEANS, LA 70112

Signing Officer

Name
Francis Bologna
Title
President
Phone
5042735573
Signed
2018-04-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Francis Bologna
Formed
2006
Legal Domicile
La
Voting Board Members
9
Independent Board Members
9
Employees
6

Preparer

Firm
Bruno & Tervalon Llp Cpas
Address
4298 ELYSIAN FIELDS AVE, NEW ORLEANS, LA 70122
Preparer
Waldo J Moret Jr
Phone
5042848733
Raw XML Appendix364 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt02347
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt03805
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROVIDING A PLACE OF PEACE, SUPPORT, AND ENCOURAGEMENT TO THE WORKING POOR AND HOMELESS, IN DOWNTOWN NEW ORLEANS AS THEY REBUILD THEIR LIVES.
IRS990/AllOtherContributionsAmt0186869
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt06558
IRS990/AllOtherExpensesGrp/ProgramServicesAmt05241
IRS990/AllOtherExpensesGrp/TotalAmt011799
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BooksInCareOfDetail/PersonNm0KENITHA GROOMS-WILLIAMS
IRS990/BooksInCareOfDetail/PhoneNum05042735573
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01802 TULANE
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW ORLEANS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0LA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd070112
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01003027
IRS990/CashNonInterestBearingGrp/EOYAmt0542664
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0186869
IRS990/CYGrantsAndSimilarPaidAmt011510
IRS990/CYInvestmentIncomeAmt014950
IRS990/CYOtherExpensesAmt0121598
IRS990/CYOtherRevenueAmt09883
IRS990/CYProgramServiceRevenueAmt06969
IRS990/CYRevenuesLessExpensesAmt0-54461
IRS990/CYSalariesCompEmpBnftPaidAmt0140024
IRS990/CYTotalExpensesAmt0273132
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0218671
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt01661
IRS990/DepreciationDepletionGrp/TotalAmt01661
IRS990/Desc0LANTERN LIGHT PROVIDED THE FOLLOWING SERVICES IN 2017 BIRTH CERTIFICATE ASSISTANCE TO 331 INDIVIDUALS, ID ASSISTANCE TO 421 INDIVIDUALS, PROVIDED LUNCH FOR MORE THAN 51,000 POOR AND HOMELESS, PROVIDED MAIL SERVICES TO MORE THAN 300 INDIVIDUALS, ASSISTED 73 INDIVIDUALS WITH PRESCRIPTION ASSISTANCE AND PROVIDED 11,263 TO INDIVIDUALS THAT NEEDED HELP WITH UTILITY BILLS, WATER BILLS AND RENTAL ASSISTANCE.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt06
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0202807
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt05451
IRS990/FeesForServicesAccountingGrp/TotalAmt05451
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0FRANCIS BOLOGNA
IRS990/Form990PartVIISectionAGrp/PersonNm1ELAINE BERGERON
IRS990/Form990PartVIISectionAGrp/PersonNm2STEVE BRAUD
IRS990/Form990PartVIISectionAGrp/PersonNm3DONNA FOLEY
IRS990/Form990PartVIISectionAGrp/PersonNm4DAVID HARDIN
IRS990/Form990PartVIISectionAGrp/PersonNm5HUNTER HARRIS
IRS990/Form990PartVIISectionAGrp/PersonNm6REGINA MOLONY
IRS990/Form990PartVIISectionAGrp/PersonNm7STEVE SABRIER
IRS990/Form990PartVIISectionAGrp/PersonNm8MICKEY PALMISANO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02006
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantAmt011510
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt011510
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt011510
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0218671
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt09
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt03904
IRS990/InsuranceGrp/TotalAmt03904
IRS990/InvestmentIncomeGrp/ExclusionAmt014950
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt014950
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01025117
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01038715
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt020504
IRS990/LandBldgEquipBasisNetGrp/BOYAmt08570
IRS990/LandBldgEquipCostOrOtherBssAmt020504
IRS990/LegalDomicileStateCd0LA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDING A PLACE OF PEACE, SUPPORT, AND ENCOURAGEMENT TO THE WORKING POOR AND HOMELESS, IN DOWNTOWN NEW ORLEANS AS THEY REBUILD THEIR LIVES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01633388
IRS990/NetAssetsOrFundBalancesEOYAmt01578927
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt028025
IRS990/OccupancyGrp/TotalAmt028025
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03483
IRS990/OfficeExpensesGrp/ProgramServicesAmt0847
IRS990/OfficeExpensesGrp/TotalAmt04330
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01078
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt06115
IRS990/OtherEmployeeBenefitsGrp/TotalAmt07193
IRS990/OtherExpensesGrp/Desc0FOOD SERVICE
IRS990/OtherExpensesGrp/Desc1DOCUMENT SERVICE
IRS990/OtherExpensesGrp/Desc2NEWSLETTER
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04144
IRS990/OtherExpensesGrp/ProgramServicesAmt038989
IRS990/OtherExpensesGrp/ProgramServicesAmt110793
IRS990/OtherExpensesGrp/ProgramServicesAmt210163
IRS990/OtherExpensesGrp/ProgramServicesAmt32339
IRS990/OtherExpensesGrp/TotalAmt038989
IRS990/OtherExpensesGrp/TotalAmt110793
IRS990/OtherExpensesGrp/TotalAmt210163
IRS990/OtherExpensesGrp/TotalAmt36483
IRS990/OtherLiabilitiesGrp/BOYAmt0400979
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt09883
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt09883
IRS990/OtherRevenueTotalAmt09883
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt018513
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0104904
IRS990/OtherSalariesAndWagesGrp/TotalAmt0123417
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01412
IRS990/PayrollTaxesGrp/ProgramServicesAmt08002
IRS990/PayrollTaxesGrp/TotalAmt09414
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01353
IRS990/PrincipalOfficerNm0FRANCIS BOLOGNA
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0SPECIAL EVENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06969
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06969
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0310084
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt027970
IRS990/PYInvestmentIncomeAmt05236
IRS990/PYOtherExpensesAmt0126353
IRS990/PYOtherRevenueAmt03211
IRS990/PYProgramServiceRevenueAmt011973
IRS990/PYRevenuesLessExpensesAmt060874
IRS990/PYSalariesCompEmpBnftPaidAmt0115307
IRS990/PYTotalExpensesAmt0269630
IRS990/PYTotalRevenueAmt0330504
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-54461
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt06969
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0186869
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0310084
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0256319
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0753272
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt014950
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt05236
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt014178
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt034364
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt016852
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.95640
IRS990ScheduleA/PublicSupportPY170Pct00.96690
IRS990ScheduleA/PublicSupportTotal170Amt0753272
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0186869
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0310084
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0256319
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0753272
IRS990ScheduleA/TotalSupportAmt0787636
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/DepreciationAmt015915
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt015915
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt04589
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt04589
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt011510
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0GROCERY/UTILITY PAYMENTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt075
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS PROVIDED TO MANAGEMENT AND THE BOARD FOR REVIEW AND APPROVAL BEFORE BEING SUBMITTED TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02036714
IRS990/TotalAssetsEOYAmt01582732
IRS990/TotalAssetsGrp/BOYAmt02036714
IRS990/TotalAssetsGrp/EOYAmt01582732
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0186869
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt070325
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0202807
IRS990/TotalFunctionalExpensesGrp/TotalAmt0273132
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0403326
IRS990/TotalLiabilitiesEOYAmt03805
IRS990/TotalLiabilitiesGrp/BOYAmt0403326
IRS990/TotalLiabilitiesGrp/EOYAmt03805
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01633388
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01578927
IRS990/TotalProgramServiceExpensesAmt0202807
IRS990/TotalProgramServiceRevenueAmt06969
IRS990/TotalRevenueGrp/ExclusionAmt014950
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt016852
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0218671
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02036714
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01582732
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01633388
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01578927
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0LANTERNLIGHT.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0FRANCIS BOLOGNA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05042735573
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-04-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LANTERN LIGHT INC
ReturnHeader/Filer/BusinessNameControlTxt0LANT
ReturnHeader/Filer/EIN0204769645
ReturnHeader/Filer/PhoneNum05042735573
ReturnHeader/Filer/USAddress/AddressLine1Txt01802 TULANE AVENUE
ReturnHeader/Filer/USAddress/CityNm0NEW ORLEANS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA
ReturnHeader/Filer/USAddress/ZIPCd070112
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0F18ED24ED9506EDA7C105966AE009E4DC268BB16
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0F18ED24ED9506EDA7C105966AE009E4DC268BB16
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt098.172.42.138
ReturnHeader/FilingSecurityInformation/IPDt02018-06-21
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm008:25:14
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0720877929
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BRUNO & TERVALON LLP CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04298 ELYSIAN FIELDS AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW ORLEANS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0LA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd070122
ReturnHeader/PreparerPersonGrp/PhoneNum05042848733
ReturnHeader/PreparerPersonGrp/PreparationDt02018-06-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WALDO J MORET JR
ReturnHeader/ReturnTs02018-06-21T08:25:14-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,582,732
Liabilities
$3,805
Net assets
$1,578,927
Revenue
$218,671
Expenses
$273,132
Net income
-$54,461
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.18$0.00$1.18$0.19$0.33$0.13
2023Detailed filing. Detailed filing data is available for this year.$1.29$0.00$1.29$0.21$0.32$0.10
2022Detailed filing. Detailed filing data is available for this year.$1.40$0.00$1.40$0.24$0.29$0.05
2021Detailed filing. Detailed filing data is available for this year.$1.53$0.00$1.52$0.22$0.25$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.60$0.03$1.58$0.28$0.25$0.03
2019Detailed filing. Detailed filing data is available for this year.$1.53$0.00$1.53$0.25$0.28$0.03
2017Detailed filing. Detailed filing data is available for this year.$1.58$0.00$1.58$0.22$0.27$0.05
2016Detailed filing. Detailed filing data is available for this year.$2.04$0.40$1.63$0.33$0.27$0.06
2015Detailed filing. Detailed filing data is available for this year.$1.61$0.00$1.61$0.29$0.23$0.07