Civic Intelligence

The Lighthouse Foundation

990 • Fiscal year 2021 • EIN 25-1547324

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 10, 2022

PO Box 366Bakerstown, PA 15007

(724) 586-5554

Siviq Scores

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

Liabilities / Assets

30th percentile

0.01x

Higher debt load relative to assets than 30% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

30th percentile

0.02x

Higher debt load relative to revenue than 30% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

68th percentile

25%

Higher net margin than 68% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

60th percentile

$78,689

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 5.9% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

57th percentile

13%

Faster asset growth than 57% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

21st percentile

-9.1%

Faster revenue growth than 21% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$2,462,021

Up $283,999 (+13%) from 2020

Net Assets

Up

$2,436,473

Up $329,332 (+16%) from 2020

Liabilities

Down

$25,548

Down $45,333 (-64%) from 2020

Revenue

Down

$1,335,154

Down $133,528 (-9.1%) from 2020

Expenses

Up

$1,005,822

Up $56,455 (+5.9%) from 2020

Net Income

Down

$329,332

Down $189,983 (-37%) from 2020

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2012: $1,458,587Liabilities 2012: $54,291Net Assets 2012: $1,404,2962012Assets 2013: $1,591,288Liabilities 2013: $117,212Net Assets 2013: $1,474,0762013Assets 2014: $1,612,084Liabilities 2014: $112,201Net Assets 2014: $1,499,8832014Assets 2015: $1,518,128Liabilities 2015: $101,962Net Assets 2015: $1,416,1662015Assets 2016: $1,402,382Liabilities 2016: $94,460Net Assets 2016: $1,307,9222016Assets 2017: $1,525,504Liabilities 2017: $83,425Net Assets 2017: $1,442,0792017Assets 2018: $1,536,671Liabilities 2018: $202,850Net Assets 2018: $1,333,8212018Assets 2019: $1,736,992Liabilities 2019: $149,166Net Assets 2019: $1,587,8262019Assets 2020: $2,178,022Liabilities 2020: $70,881Net Assets 2020: $2,107,1412020Assets 2021: $2,462,021Liabilities 2021: $25,548Net Assets 2021: $2,436,4732021Assets 2022: $2,892,591Liabilities 2022: $21,612Net Assets 2022: $2,870,9792022Assets 2023: $3,268,811Liabilities 2023: $13,409Net Assets 2023: $3,255,4022023Assets 2024: $3,528,830Liabilities 2024: $12,248Net Assets 2024: $3,516,5822024

Highlighted filing

2021

Assets$2,462,021
Liabilities$25,548
Net Assets$2,436,473

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2012: $1,060,8602012Revenue 2013: $972,757Expenses 2013: $902,977Net Income 2013: $69,7802013Revenue 2014: $961,667Expenses 2014: $935,860Net Income 2014: $25,8072014Revenue 2015: $857,469Expenses 2015: $941,186Net Income 2015: -$83,7172015Revenue 2016: $907,154Expenses 2016: $1,014,145Net Income 2016: -$106,9912016Revenue 2017: $1,125,512Expenses 2017: $1,005,679Net Income 2017: $119,8332017Revenue 2018: $923,167Expenses 2018: $1,031,425Net Income 2018: -$108,2582018Revenue 2019: $1,324,231Expenses 2019: $1,070,226Net Income 2019: $254,0052019Revenue 2020: $1,468,682Expenses 2020: $949,367Net Income 2020: $519,3152020Revenue 2021: $1,335,154Expenses 2021: $1,005,822Net Income 2021: $329,3322021Revenue 2022: $1,524,002Expenses 2022: $1,089,496Net Income 2022: $434,5062022Revenue 2023: $1,435,978Expenses 2023: $1,051,555Net Income 2023: $384,4232023Revenue 2024: $1,338,109Expenses 2024: $1,099,111Net Income 2024: $238,9982024

Highlighted filing

2021

Revenue$1,335,154
Expenses$1,005,822
Net Income$329,332
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 10, 2022
Return Version
2021v4.0
Gross Receipts
$1,390,688
Mission and Program Overview

Mission

The lighthouse foundation is a christian outreach organization meeting the needs of impoverished individuals and families in northern allegheny and butler counties. The lighthouse foundation provides basic necessities such as food and shelter, transitional and interim housing. The lighthouse foundation also offers programs to help people achieve self-sufficiency which include: low income car ownership, faith based job training, financial literacy, computer skills, and parenting classes. The lighthouse foundation delivers high quality programs and ministries that offer people hope for a better future and that result in positive life changes.

The lighthouse foundation is a christian outreach organization meeting the needs of impoverished families in northern allegheny and butler counties. The lighthouse foundation provides basic necessities such as food and shelter, transitional and interim housing. The lighthouse foundation also offers programs to help people achieve self-sufficiency which include: low income car ownership, faith based job training, financial literacy, computer skills, and parenting classes. The lighthouse foundation delivers high quality programs and ministries that offer people hope for a better future and that result in positive life changes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$896,362$1,270,758▲ $374,396
Land, Buildings, and Equipment, Net$1,180,069$1,121,438▼ $58,631
Pledges and Grants Receivable$98,125$66,748▼ $31,377
Prepaid Expenses and Deferred Charges$3,466$3,077▼ $389
Total Assets$2,178,022$2,462,021▲ $283,999
Liabilities
Mortgage Notes Payable Secured by Investment Property$57,239--
Accounts Payable and Accrued Expenses$13,642$25,548▲ $11,906
Total Liabilities$70,881$25,548▼ $45,333
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,860,207$2,264,135▲ $403,928
Net Assets With Donor Restrictions$246,934$172,338▼ $74,596
Total Net Assets Fund Balance$2,107,141$2,436,473▲ $329,332
Total Liabilities and Net Assets / Fund Balance$2,178,022$2,462,021▲ $283,999

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$811,065$471,486$1,282,551
Leasehold Improvements$102,577$68,434$171,011
Other Land Buildings$25,017$132,527$157,544
Land$134,019-$134,019
Equipment$48,760$52,174$100,934
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Victoria SprengExecutive DiFT$74,700$3,989$78,689
Daniel HartzlerBusiness ManFT$44,100-$44,100

Board Members and Trustees

NameTitle
Rachelle SepichPresident
Brittany KrebsBoard Member
Leslie OscheBoard Member
Michael SippeyBoard Member
Trevor MccanceBoard Member
Robert FerreeFormer Presi
Jennifer ZatcheyFormer Treas
Stephanie AzarconSecretary
Daniel HodgeTreasurer
Philip MathewVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,279,305
Program Service Revenue
$37,437
Investment Income
$-932
Other Revenue
$19,344
All Other Contributions
$949,440
Change in Net Assets
$329,332

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,335,154
Revenue Not Reported on Form 990
$53,238
Total Revenue per Audited Statements
$1,388,392
Total Revenue per Form 990
$1,335,154
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$529,956
Salaries, Compensation, and Employee Benefits$475,866
Total Fundraising Expense$65,785
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$223,716$34,281$31,237$289,234
Current Officers, Directors, Trustees, and Key Employees$92,975$16,402$13,411$122,788
Occupancy$97,898$10,419$4,551$112,868
Depreciation Depletion$55,530$31,265-$86,795
Office Expenses$31,360$4,560$788$36,708
All Other Expenses$18,790$12,569$3,551$34,910
Payroll Taxes$25,644$4,097$3,612$33,353
Insurance$24,722$5,301$604$30,627
Other Employee Benefits$25,503$2,608$2,380$30,491
Fees for Services Accounting-$27,632-$27,632
Other Expenses$25,047$8$6$25,061
Advertising$2,012$7,500$4,388$13,900
Fees for Services Other$937$11,306$158$12,401
Interest$2,316--$2,316
Total Functional Expenses$771,921$168,116$65,785$1,005,822

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,059,060
Expenses per Audited Statements$1,005,822
Total Expenses per Form 990$1,005,822
Expenses Not Reported on Form 990$53,238
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$53,238
Fundraising Gross Income$38,972
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$54,188$24,631$26,800$-2,169
Annual Gala$124,756$14,341$26,438$-12,097
Total Events$178,944$38,972$53,238$-14,266
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
Audit committee
Yes
Business relationship with 35% controlled entity
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

A copy of form 990 is provided to the board members prior to filing of the return.

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

The lighthouse foundation's board of directors meets 5-6 times per year. In between meetings, if there are major issues that require the board's attention, meetings are conducted either via phone conference or email correspondence. Through routine meetings and correspondence, as well as through legal counsel (the board of directors has and will continue to have at least one practicing attorney as a member), the board of directors ensures compliance with the foundation's conflict of interest policy.

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

The compensation of officers and key employees is independently reviewed by the board of directors on an annual basis.

Form 990, Page 6, Part VI, Line 19

The foundation provides public access to its governing documents and audited financial statements by request.

Filing and Contact Details

Filer

Filer Name
The Lighthouse Foundation
EIN
25-1547324
Phone
7245865554
Address
PO BOX 366, BAKERSTOWN, PA 15007

Signing Officer

Name
Victoria Spreng
Title
Executive Director
Phone
7245865554
Signed
2022-11-10

Organization Details

Principal Officer
Victoria Spreng
Formed
1986
Legal Domicile
Pa
Voting Board Members
10
Independent Board Members
10
Employees
18
Volunteers
241

Preparer

Firm
Mccall Scanlon & Tice LLC
Address
5500 CORPORATE DR STE 240, PITTSBURGH, PA 15237-5090
Preparer
Richard J Tice CPA
Phone
4126359314
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The lighthouse foundation is a christian outreach organization meeting the needs of impoverished families in northern allegheny and butler counties. The lighthouse foundation provides basic necessities such as food and shelter, transitional and interim housing. The lighthouse foundation also offers programs to help people achieve self-sufficiency which include: low income car ownership, faith based job training, financial literacy, computer skills, and parenting classes. The lighthouse foundation delivers high quality programs and ministries that offer people hope for a better future and that result in positive life changes.

Form 990, Page 2, Part III, Line 4D

The foundation also operates various other programs such as computer courses for members of the community.

Form 990, Part XI, Line 9

Fundraising expenses 53,238 fundraising expenses -53,238

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Fundraising expenses 53,238

Schedule D, Page 4, Part XII, Line 2D

Fundraising expenses 53,238

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IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11FORMER TREAS
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IRS990/MissionDesc0THE LIGHTHOUSE FOUNDATION IS A CHRISTIAN OUTREACH ORGANIZATION MEETING THE NEEDS OF IMPOVERISHED FAMILIES IN NORTHERN ALLEGHENY AND BUTLER COUNTIES. THE LIGHTHOUSE FOUNDATION PROVIDES BASIC NECESSITIES SUCH AS FOOD AND SHELTER, TRANSITIONAL AND INTERIM HOUSING. THE LIGHTHOUSE FOUNDATION ALSO OFFERS PROGRAMS TO HELP PEOPLE ACHIEVE SELF-SUFFICIENCY WHICH INCLUDE: LOW INCOME CAR OWNERSHIP, FAITH BASED JOB TRAINING, FINANCIAL LITERACY, COMPUTER SKILLS, AND PARENTING CLASSES. THE LIGHTHOUSE FOUNDATION DELIVERS HIGH QUALITY PROGRAMS AND MINISTRIES THAT OFFER PEOPLE HOPE FOR A BETTER FUTURE AND THAT RESULT IN POSITIVE LIFE CHANGES.
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IRS990/OtherExpensesGrp/Desc1FOOD PURCHASES
IRS990/OtherExpensesGrp/Desc2REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc3VEHICLE EXPENSES
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IRS990/PartialLiquidationInd0false
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IRS990/PayrollTaxesGrp/FundraisingAmt03612
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04097
IRS990/PayrollTaxesGrp/ProgramServicesAmt025644
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IRS990/PrincipalOfficerNm0VICTORIA SPRENG
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IRS990/ProgSrvcAccomActy2Grp/Desc0TRANSITIONAL HOUSING: THE FOUNDATION OPERATES TRANSITIONAL HOUSING FACILITIES - THE PENNEY HOUSE FOR MALES AGES 18-29, THE BLANCHARD HOUSE FOR FEMALES AGES 18-29, THE KAUFMAN DRIVE TOWNHOMES AND ARMOUR APARTMENTS FOR HOMELESS, SINGLE PARENTS AND THEIR CHILDREN, AND JOHNNY'S PLACE FOR MEN FOCUSED ON RECOVERING FROM ADDICTION. A TOTAL OF 66 PEOPLE WERE HOUSED IN 2021, AND 33 HOUSEHOLDS RECEIVED EMERGENCY FINANCIAL ASSISTANCE. AS PART OF THIS PROGRAM, CLASSES ARE OFFERED ON THE FOLLOWING SUBJECTS: FINANCIAL MANAGEMENT, JOB SKILL DEVELOPMENT, COMPUTER LITERACY, SPIRITUAL DEVELOPMENT, HOME RESPONSIBILITY AND PARENTING SKILLS.
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt020182
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE FOUNDATION ALSO OPERATES VARIOUS OTHER PROGRAMS SUCH AS COMPUTER COURSES FOR MEMBERS OF THE COMMUNITY.
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IRS990/ProhibitedTaxShelterTransInd0false
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IRS990/PYExcessBenefitTransInd0false
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IRS990/PYOtherExpensesAmt0491343
IRS990/PYOtherRevenueAmt030059
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS 2,552
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