Liabilities / Assets
74th percentile
Higher debt load relative to assets than 74% of similar nonprofits.
Many Lights Foundation
EIN 20-8394344 • 501(c)3 • Newcastle, WA
990-N Coverage
Profile
To heal the pain of abuse and neglect in children by providing children in kinship and foster care with permanent homes in an intergenerational community.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.04x
Liabilities / Revenue
75th percentile
Higher debt load relative to revenue than 75% of similar nonprofits.
Net Margin
31st percentile
Higher net margin than 31% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
85th percentile
Faster asset growth than 85% of similar nonprofits.
Revenue Growth
88th percentile
Faster revenue growth than 88% of similar nonprofits.
Balance Sheet
Assets
Up$50,630
Up $33,981 (+204%) from 2010
Liabilities
$2,225
No earlier filing loaded for comparison.
Net Assets
Up$48,405
Up $31,756 (+191%) from 2010
Revenue
Up$76,779
Up $61,513 (+403%) from 2010
Expenses
Up$83,750
Up $79,007 (+1666%) from 2010
Net Income
Down-$6,971
Down $17,494 (-166%) from 2010
Trend Graphs
Filings
Most recent year
2013 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $50,630
- Liabilities
- $2,225
- Net assets
- $48,405
- Revenue
- $76,779
- Expenses
- $83,750
- Net income
- -$6,971
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2013Detailed filing. Detailed filing data is available for this year. | $50.6 | $2.23 | $48.4 | $76.8 | $83.8 | $6.97 |
| 2010Facts available. Structured filing facts are available, but richer extracted sections are limited. | $16.6 | $16.6 | $15.3 | $4.74 | $10.5 | |
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2013 to Dec 31, 2013
- Signed
- Jul 29, 2014
- Return Version
- 2013v3.1
- Gross Receipts
- $80,871
Mission and Program Overview
Mission
To heal the pain of abuse and neglect in children by providing children in kinship and foster care with permanent homes in an intergenerational community.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Many Lights Foundation is planning to build a multigenerational community called Hope Lights Community. This community is designed to support families adopting children from foster care, at-risk kinship families, and elders who desire connection and purpose. Hope Lights Community is modeled after three similar highly successful communities.The Hope Lights Community is planned to encourage communication and community. Elders are viewed as honorary grandparents providing support and nurturance to children, while the adoptive families are seen as grandparent helpers, supporting elders in living a vibrant life. A unique and cooperative neighborhood, Hope Lights will have 36 affordable residences for adults over 55 years of age and 12 homes for kinship and other families adopting children from foster care. It will also include a multigenerational community center, library, tutoring and computer rooms, garden and play areas. Community events will be educational, recreational, cultural, as well as being focused on health and wellbeing. Mental health services, tutoring, adoption home studies and adoption support are some of the planned community services.In 2013, Many Lights Foundation: Secured a letter of intent with Tacoma Housing Authority for land lease and site development Continued to advocate for change and improvement in the foster care system as a member of the Child Welfare Advocacy Coalition Continued to advocate for kinship caregivers through King County and Pierce County Kinship Collaboration Continued to advocate for kinship caregivers through the LifeSPAN Respite WA Coalition Added two new board members to extend our connections into the community and enhance skill gaps Hired a development director to develop and grow a sustainable support base and improve our cultivation strategies with our constituents Moved into office space Received a technical assistance grant for technology security and assessment of tech infrastructure Launched Hope Lights Founders multiyear giving program Launched Spread the Love donor hosted informational events to increase awareness for the mission and vision and to grow support for the effort to build the community Hosted donor recognition and community appreciation events | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Helen Lakeru | President | FT | $0 | - | - |
| Matthew Ashworth | Director | - | $0 | - | - |
| William McGurk | Director | - | $0 | - | - |
| Dennis Haugan | Director | - | $0 | - | - |
| Akinfemi Lakeru | Director | PT | $0 | - | - |
| Jessica Sewell | Director | - | $0 | - | - |
| Susan Stringer | Director | - | $0 | - | - |
| Christa Divis | Treas/Sec | - | $0 | - | - |
| Erin Walker | Director | - | $0 | - | - |
| Marc Zegar | Director | - | $0 | - | - |
Fundraising, Events, and Gaming
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Event 1 | $21,065 | $4,092 | - | $4,092 |
| Total Events | $21,065 | $4,092 | $4,092 | - |
Filing and Contact Details
Filer
- EIN
- 20-8394344
- Phone
- 2532677022
Signing Officer
- Name
- Helen Lakeru
- Title
- President
- Signed
- 2014-07-29
Supplemental Narrative
Additional Explanations
Other Expenses.1001
“Advertising and Promotion $470”
Other Expenses.1002
“Office Expenses $3976”
Other Expenses.1003
“Information Technology $710”
Other Expenses.1005
“Travel $419”
Other Expenses.1012
“Insurance $2078”
Other Expenses.1
“Other $477”
Other Expenses.2
“Membership Dues $110”
Other Expenses.3
“Education $100”
Other Expenses.5
“Payroll Admin Fees $11”
Other Assets.1
“Pledges Receivable - Beginning $0 Pledges Receivable - Ending $37767”
Other Assets.2
“Prepaid Expenses - Beginning $0 Prepaid Expenses - Ending $1800”
Total Liabilities.1
“Accounts Payable - Beginning $372 Accounts Payable - Ending $1416”
Total Liabilities.2
“Payroll Liabilities - Beginning $928 Payroll Liabilities - Ending $809”
Raw XML Appendix197 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.
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 9 | Director |
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| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationFiled990TInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
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| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
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| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 73 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Many Lights Foundation is planning to build a multigenerational community called Hope Lights Community. This community is designed to support families adopting children from foster care, at-risk kinship families, and elders who desire connection and purpose. Hope Lights Community is modeled after three similar highly successful communities.The Hope Lights Community is planned to encourage communication and community. Elders are viewed as honorary grandparents providing support and nurturance to children, while the adoptive families are seen as grandparent helpers, supporting elders in living a vibrant life. A unique and cooperative neighborhood, Hope Lights will have 36 affordable residences for adults over 55 years of age and 12 homes for kinship and other families adopting children from foster care. It will also include a multigenerational community center, library, tutoring and computer rooms, garden and play areas. Community events will be educational, recreational, cultural, as well as being focused on health and wellbeing. Mental health services, tutoring, adoption home studies and adoption support are some of the planned community services.In 2013, Many Lights Foundation: Secured a letter of intent with Tacoma Housing Authority for land lease and site development Continued to advocate for change and improvement in the foster care system as a member of the Child Welfare Advocacy Coalition Continued to advocate for kinship caregivers through King County and Pierce County Kinship Collaboration Continued to advocate for kinship caregivers through the LifeSPAN Respite WA Coalition Added two new board members to extend our connections into the community and enhance skill gaps Hired a development director to develop and grow a sustainable support base and improve our cultivation strategies with our constituents Moved into office space Received a technical assistance grant for technology security and assessment of tech infrastructure Launched Hope Lights Founders multiyear giving program Launched Spread the Love donor hosted informational events to increase awareness for the mission and vision and to grow support for the effort to build the community Hosted donor recognition and community appreciation events |
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| IRS990EZ/SchoolOperatingInd | 0 | false |
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| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
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| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Advertising and Promotion $470 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Office Expenses $3976 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Information Technology $710 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Travel $419 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Insurance $2078 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Other $477 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Membership Dues $110 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Education $100 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Payroll Admin Fees $11 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Pledges Receivable - Beginning $0 Pledges Receivable - Ending $37767 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Prepaid Expenses - Beginning $0 Prepaid Expenses - Ending $1800 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | Accounts Payable - Beginning $372 Accounts Payable - Ending $1416 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | Payroll Liabilities - Beginning $928 Payroll Liabilities - Ending $809 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Expenses.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1002 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1003 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.1012 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Expenses.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Other Expenses.5 |
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| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Total Liabilities.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Total Liabilities.2 |
| ReturnHeader/BuildTS | 0 | 2015-11-30 17:44:51Z |
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| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
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| ReturnHeader/Filer/EIN | 0 | 208394344 |
| ReturnHeader/Filer/PhoneNum | 0 | 2532677022 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 6947 Coal Creek Parkway SE 208 |
| ReturnHeader/Filer/USAddress/City | 0 | Newcastle |
| ReturnHeader/Filer/USAddress/State | 0 | WA |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 98059 |
| ReturnHeader/ReturnTs | 0 | 2014-07-29T07:51:49-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2013-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2013-12-31 |
| ReturnHeader/TaxYr | 0 | 2013 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.