Civic Intelligence

Light the Way Inc

EIN 26-0578074 • 501(c)3 • Metropolis, IL

Profile

Provide housing to needy families

306 W 8th StreetMetropolis, IL 62960
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

94th percentile

1.06x

Higher debt load relative to assets than 94% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

96th percentile

1.79x

Higher debt load relative to revenue than 96% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

17th percentile

-35%

Higher net margin than 17% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

45th percentile

-4.8%

Faster asset growth than 45% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2022

Revenue Growth

70th percentile

17%

Faster revenue growth than 70% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2022

Assets

Down

$201,175

Down $130,909 (-39%) from 2023

Liabilities

Down

$346,858

Down $68,951 (-17%) from 2023

Net Assets

Down

-$145,683

Down $61,958 (-74%) from 2023

Revenue

Up

$218,840

Up $6,340 (+3.0%) from 2023

Expenses

Up

$280,798

Up $6,554 (+2.4%) from 2023

Net Income

Down

-$61,958

Down $214 (-0.3%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $40,472Liabilities 2010: $18,481Net Assets 2010: $21,9912010Assets 2011: $57,330Liabilities 2011: $34,319Net Assets 2011: $23,0112011Assets 2012: $59,791Liabilities 2012: $20,158Net Assets 2012: $39,6332012Assets 2013: $74,986Liabilities 2013: $42,309Net Assets 2013: $32,6772013Assets 2014: $72,051Liabilities 2014: $24,119Net Assets 2014: $47,9322014Assets 2015: $100,326Liabilities 2015: $21,067Net Assets 2015: $79,2592015Assets 2016: $73,584Liabilities 2016: $10,149Net Assets 2016: $63,4352016Assets 2017: $2,153,685Liabilities 2017: $2,361,049Net Assets 2017: -$207,3642017Assets 2018: $222,822Liabilities 2018: $166,450Net Assets 2018: $56,3722018Assets 2019: $279,062Liabilities 2019: $223,967Net Assets 2019: $55,0952019Assets 2020: $382,937Liabilities 2020: $306,534Net Assets 2020: $76,4032020Assets 2021: $353,178Liabilities 2021: $301,822Net Assets 2021: $51,3562021Assets 2022: $347,395Liabilities 2022: $368,178Net Assets 2022: -$20,7832022Assets 2023: $332,084Liabilities 2023: $415,809Net Assets 2023: -$83,7252023Assets 2024: $201,175Liabilities 2024: $346,858Net Assets 2024: -$145,6832024

Highlighted filing

2024

Assets$201,175
Liabilities$346,858
Net Assets-$145,683

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KExpenses 2010: $135,2302010Expenses 2011: $166,1752011Expenses 2012: $190,8742012Expenses 2013: $195,1392013Revenue 2014: $213,038Expenses 2014: $208,283Net Income 2014: $4,7552014Revenue 2015: $190,740Expenses 2015: $182,894Net Income 2015: $7,8462015Revenue 2016: $155,894Expenses 2016: $171,718Net Income 2016: -$15,8242016Revenue 2017: $275,250Expenses 2017: $283,328Net Income 2017: -$8,0782017Revenue 2018: $195,095Expenses 2018: $198,635Net Income 2018: -$3,5402018Revenue 2019: $237,634Expenses 2019: $252,260Net Income 2019: -$14,6262019Revenue 2020: $149,891Expenses 2020: $156,625Net Income 2020: -$6,7342020Revenue 2021: $176,775Expenses 2021: $201,822Net Income 2021: -$25,0472021Revenue 2022: $205,239Expenses 2022: $277,378Net Income 2022: -$72,1392022Revenue 2023: $212,500Expenses 2023: $274,244Net Income 2023: -$61,7442023Revenue 2024: $218,840Expenses 2024: $280,798Net Income 2024: -$61,9582024

Highlighted filing

2024

Revenue$218,840
Expenses$280,798
Net Income-$61,958

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.20$0.35$0.15$0.22$0.28$0.06
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.33$0.42$0.08$0.21$0.27$0.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.37$0.02$0.21$0.28$0.07
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.35$0.30$0.05$0.18$0.20$0.03
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.38$0.31$0.08$0.15$0.16$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.28$0.22$0.06$0.24$0.25$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.22$0.17$0.06$0.20$0.20$0.00
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.15$2.36$0.21$0.28$0.28$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.07$0.01$0.06$0.16$0.17$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.10$0.02$0.08$0.19$0.18$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.07$0.02$0.05$0.21$0.21$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.04$0.03$0.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.02$0.04$0.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.03$0.02$0.17
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.02$0.02$0.14
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Aug 8, 2023
Return Version
2021v4.1
Gross Receipts
$205,239
Mission and Program Overview

Mission

Provide housing to needy families

Provided housing for families

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$236,470$223,124▼ $13,346
Accounts Receivable$115,723$122,703▲ $6,980
Land, Buildings, and Equipment, Net-$1,568-
Prepaid Expenses and Deferred Charges$985--
Total Assets$353,178$347,395▼ $5,783
Liabilities
Deferred Revenue$251,351$265,003▲ $13,652
Accounts Payable and Accrued Expenses$50,471$103,175▲ $52,704
Total Liabilities$301,822$368,178▲ $66,356
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$51,356$-20,783▼ $72,139
Total Net Assets Fund Balance$51,356$-20,783▼ $72,139
Total Liabilities and Net Assets / Fund Balance$353,178$347,395▼ $5,783

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,568$47,002$48,570
Compensation and Service Providers

Board Members and Trustees

NameTitle
Landon BremerPresident
Chad KaylorDirector
J StratemeyerDirector
Kathy RushingDirector
Kim AbellSecretary
Dan HuffmanTreasurer
Shain LloydVP
Revenue and Support

Revenue Composition

Contributions and Grants
$186,082
Program Service Revenue
$19,157
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-72,139

Audited Revenue Reconciliation

Revenue per Audited Statements
$205,239
Total Revenue per Audited Statements
$205,239
Total Revenue per Form 990
$205,239
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$213,005
Salaries, Compensation, and Employee Benefits$42,166
Other Expenses$22,207
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$213,005--$213,005
Other Salaries and Wages$28,990$13,176-$42,166
Fees for Services Management$9,000--$9,000
Fees for Services Accounting$1,650$2,125-$3,775
Occupancy$1,350--$1,350
Other Expenses$995--$995
Depreciation Depletion$392--$392
Travel$191--$191
Total Functional Expenses$262,077$15,301$0$277,378

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$277,378
Total Expenses per Audited Statements$277,378
Total Expenses per Form 990$277,378
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
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
Filing and Contact Details

Filer

Filer Name
Light the Way Inc
EIN
26-0578074
Address
306 W 8TH STREET, METROPOLIS, IL 62960

Signing Officer

Name
Tina Martin
Title
Executive Director
Phone
6185243653
Signed
2023-08-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tina Martin
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
Beussink Hickam & Kochel Pc
Address
PO BOX 556, ANNA, IL 62906
Preparer
Brent a Kochel
Phone
6188332721
Supplemental Narrative

Additional Explanations

990

NOTHING TO REPORT

Financial Statement Notes

Part XI

NO DIFFERENCE

Part XII

NO DIFFERENCE

Raw XML AppendixShowing 400 of 420 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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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0149891
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0237634
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0195095
IRS990ScheduleA/Total509Grp/TotalAmt0964634
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0237634
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt047002
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt048570
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IRS990ScheduleD/RevenueSubtotalAmt0205239
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0NO DIFFERENCE
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1NO DIFFERENCE
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IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII
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IRS990ScheduleD/TotalExpensesPerForm990Amt0277378
IRS990ScheduleD/TotalRevenuePerForm990Amt0205239
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt010271
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt08
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0COST
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0RECIPIENTS MUST MEET CRITERIA ESTABLISED BY THE US DEPT OF HOUSING AND URBAN DEVELOPMENT (HUD) FOR PARTICIPATION IN THE PROGRAM.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NOTHING TO REPORT
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0990
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
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IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0LIGHT THE WAY OF METROPOLIS
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0261179294
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt01774639
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IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0HOUSINGASSIST
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt0101995
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0371011136
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IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt24986
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IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0353178
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IRS990/TotalAssetsGrp/BOYAmt0353178
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IRS990/TotalContributionsAmt0186082
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IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt015301
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0262077
IRS990/TotalFunctionalExpensesGrp/TotalAmt0277378
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0301822
IRS990/TotalLiabilitiesEOYAmt0368178
IRS990/TotalLiabilitiesGrp/BOYAmt0301822
IRS990/TotalLiabilitiesGrp/EOYAmt0368178
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt051356
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-20783
IRS990/TotalProgramServiceExpensesAmt0262077
IRS990/TotalProgramServiceRevenueAmt019157
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt019157
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0205239
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0353178
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0347395
IRS990/TravelGrp/ProgramServicesAmt0191
IRS990/TravelGrp/TotalAmt0191
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0306 W 8TH STREET
IRS990/USAddress/CityNm0METROPOLIS
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IRS990/USAddress/ZIPCd062960
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TINA MARTIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06185243653
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-08-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LIGHT THE WAY INC
ReturnHeader/Filer/BusinessNameControlTxt0LIGH
ReturnHeader/Filer/EIN0260578074

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