Civic Intelligence

Cambridge Lighthouse Foundation Inc.

990 • Fiscal year 2020 • EIN 27-3083123

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 12, 2021

P O Box 1235Cambridge, MD 21613

(410) 463-2653

Siviq Scores

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

Liabilities / Assets

41st percentile

0.02x

Higher debt load relative to assets than 41% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

68th percentile

0.18x

Higher debt load relative to revenue than 68% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

79th percentile

30%

Higher net margin than 79% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

46th percentile

4.3%

Faster asset growth than 46% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

30th percentile

-17%

Faster revenue growth than 30% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$600,780

Up $24,798 (+4.3%) from 2019

Net Assets

Up

$591,397

Up $15,817 (+2.7%) from 2019

Liabilities

Up

$9,383

Up $8,981 (+2234%) from 2019

Revenue

Down

$53,226

Down $10,858 (-17%) from 2019

Expenses

Down

$37,409

Down $5,754 (-13%) from 2019

Net Income

Down

$15,817

Down $5,104 (-24%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2014: $30,922Liabilities 2014: $50,000Net Assets 2014: -$19,0782014Assets 2015: $453,506Liabilities 2015: $1,060Net Assets 2015: $452,4462015Assets 2016: $459,929Liabilities 2016: $5Net Assets 2016: $459,9242016Assets 2017: $481,701Liabilities 2017: $1,523Net Assets 2017: $480,1782017Assets 2019: $575,982Liabilities 2019: $402Net Assets 2019: $575,5802019Assets 2020: $600,780Liabilities 2020: $9,383Net Assets 2020: $591,3972020Assets 2021: $642,104Liabilities 2021: $13,500Net Assets 2021: $628,6042021Assets 2022: $661,338Liabilities 2022: $14,180Net Assets 2022: $647,1582022Assets 2023: $700,576Liabilities 2023: $14,167Net Assets 2023: $686,4092023Assets 2024: $815,038Liabilities 2024: $14,379Net Assets 2024: $800,6592024

Highlighted filing

2020

Assets$600,780
Liabilities$9,383
Net Assets$591,397

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2014: $42,703Expenses 2014: $78,831Net Income 2014: -$36,1282014Revenue 2015: $564,550Expenses 2015: $77,736Net Income 2015: $486,8142015Revenue 2016: $38,716Expenses 2016: $31,238Net Income 2016: $7,4782016Revenue 2017: $56,650Expenses 2017: $36,396Net Income 2017: $20,2542017Revenue 2019: $64,084Expenses 2019: $43,163Net Income 2019: $20,9212019Revenue 2020: $53,226Expenses 2020: $37,409Net Income 2020: $15,8172020Revenue 2021: $94,563Expenses 2021: $57,355Net Income 2021: $37,2082021Revenue 2022: $37,232Expenses 2022: $18,677Net Income 2022: $18,5552022Revenue 2023: $78,877Expenses 2023: $39,626Net Income 2023: $39,2512023Revenue 2024: $159,372Expenses 2024: $45,124Net Income 2024: $114,2482024

Highlighted filing

2020

Revenue$53,226
Expenses$37,409
Net Income$15,817
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 12, 2021
Return Version
2020v4.1
Gross Receipts
$53,376
Mission and Program Overview

Mission

To maintain a replica of the choptank river lighthouse in the city of cambridge marina, designed to promote education of the area's culture and maritime history.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$402,278$444,737▲ $42,459
Savings and Temporary Cash Investments$125,601$107,847▼ $17,754
Cash and Non-Interest-Bearing Accounts$46,503$46,746▲ $243
Inventories for Sale or Use$1,600$1,450▼ $150
Total Assets$575,982$600,780▲ $24,798
Liabilities
Other Liabilities$402$9,383▲ $8,981
Total Liabilities$402$9,383▲ $8,981
Net Assets / Fund Balance
Net Assets With Donor Restrictions$497,276$543,236▲ $45,960
Net Assets Without Donor Restrictions$78,304$48,161▼ $30,143
Total Net Assets Fund Balance$575,580$591,397▲ $15,817
Total Liabilities and Net Assets / Fund Balance$575,982$600,780▲ $24,798
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$37,109
Program Service Revenue
$0
Investment Income
$16,114
Other Revenue
$3
All Other Contributions
$27,354
Change in Net Assets
$15,817
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$32,799
Other Expenses$4,610
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$30,000--$30,000
Payroll Taxes$2,799--$2,799
Advertising$1,088--$1,088
Fees for Services Accounting$1,000--$1,000
Office Expenses$561--$561
All Other Expenses$334--$334
Other Expenses$242--$242
Total Functional Expenses$37,409$0$0$37,409
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital Improvements$8,500
Taxes Payable$883
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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, Section B, Line 11B

Executive director and treasurer closely review the form 990. Additionally the board receives a copy at the next meeting after delviery.

Form 990, Part VI, Section B, Line 12C

Board signs the policy annually

Form 990, Part VI, Section B, Line 15

Executive director compensation will be reviewed annually as a part of the budget process.

Form 990, Part VI, Section C, Line 19

The organization makes it's organizing documents available upon request

Filing and Contact Details

Filer

Filer Name
Cambridge Lighthouse Foundation Inc
EIN
27-3083123
Phone
4104632653
Address
P O BOX 1235, CAMBRIDGE, MD 21613

Signing Officer

Name
Catherine Burton
Title
President
Phone
4104632653
Signed
2021-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Catherine Burton
Formed
2010
Legal Domicile
Md
Voting Board Members
9
Independent Board Members
9
Employees
1
Volunteers
10

Preparer

Firm
Brooks and Company CPA
Address
604 CHURCH STREET, CAMBRIDGE, MD 21613
Preparer
Ted a Brooks
Phone
4102285595
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt08420
IRS990ScheduleA/Total509Grp/TotalAmt0255623
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt047103
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt063133
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0161236
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt036184
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt047064
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0354720
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0883
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt18500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TAXES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CAPITAL IMPROVEMENTS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt09383
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXECUTIVE DIRECTOR AND TREASURER CLOSELY REVIEW THE FORM 990. ADDITIONALLY THE BOARD RECEIVES A COPY AT THE NEXT MEETING AFTER DELVIERY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD SIGNS THE POLICY ANNUALLY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXECUTIVE DIRECTOR COMPENSATION WILL BE REVIEWED ANNUALLY AS A PART OF THE BUDGET PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES IT'S ORGANIZING DOCUMENTS AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MD
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0575982
IRS990/TotalAssetsEOYAmt0600780
IRS990/TotalAssetsGrp/BOYAmt0575982
IRS990/TotalAssetsGrp/EOYAmt0600780
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt037109
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt037409
IRS990/TotalFunctionalExpensesGrp/TotalAmt037409
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0402
IRS990/TotalLiabilitiesEOYAmt09383
IRS990/TotalLiabilitiesGrp/BOYAmt0402
IRS990/TotalLiabilitiesGrp/EOYAmt09383
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0575580
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0591397
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt037409
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt016114
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt053226
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0575982
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0600780
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.CHOPTANKRIVERLIGHTHOUSE.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CATHERINE BURTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04104632653
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CAMBRIDGE LIGHTHOUSE FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0CAMB
ReturnHeader/Filer/EIN0273083123
ReturnHeader/Filer/PhoneNum04104632653
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 1235
ReturnHeader/Filer/USAddress/CityNm0CAMBRIDGE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd021613
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0521712251
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BROOKS AND COMPANY CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0604 CHURCH STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CAMBRIDGE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd021613
ReturnHeader/PreparerPersonGrp/PhoneNum04102285595
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TED A BROOKS
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-11-12T12:20:26-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CATHERINE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BURTON

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