Civic Intelligence

Lighthouse Foundation

990EZ • Fiscal year 2021 • EIN 38-4070487

Jan 01, 2021 to Dec 31, 2021 • Filed on May 16, 2022

708 Abbott AveDesoto, TX 75115-4813

(469) 854-9005

Siviq Scores

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

Liabilities / Assets

88th percentile

0.41x

Higher debt load relative to assets than 88% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

89th percentile

0.42x

Higher debt load relative to revenue than 89% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

90th percentile

58%

Higher net margin than 90% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Assets

$11,016

No earlier filing loaded for comparison.

Net Assets

$6,492

No earlier filing loaded for comparison.

Liabilities

$4,524

No earlier filing loaded for comparison.

Revenue

$10,880

No earlier filing loaded for comparison.

Expenses

$4,524

No earlier filing loaded for comparison.

Net Income

$6,356

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$15K$10K$5.0K$0Assets 2021: $11,016Liabilities 2021: $4,524Net Assets 2021: $6,4922021Assets 2022: $14,238Liabilities 2022: $0Net Assets 2022: $14,2382022Assets 2023: $9,568Liabilities 2023: $0Net Assets 2023: $9,5682023Assets 2024: $6,768Net Assets 2024: $6,7682024Assets 2025: $3,968Net Assets 2025: $3,9682025

Highlighted filing

2021

Assets$11,016
Liabilities$4,524
Net Assets$6,492

Operations Trend

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

$15K$10K$5.0K$0-$5.0KRevenue 2021: $10,880Expenses 2021: $4,524Net Income 2021: $6,3562021Revenue 2022: $6,772Expenses 2022: $3,550Net Income 2022: $3,2222022Revenue 2023: $5,830Expenses 2023: $10,500Net Income 2023: -$4,6702023Revenue 2024: $5,200Expenses 2024: $8,000Net Income 2024: -$2,8002024Revenue 2025: $4,700Expenses 2025: $7,500Net Income 2025: -$2,8002025

Highlighted filing

2021

Revenue$10,880
Expenses$4,524
Net Income$6,356
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 16, 2022
Return Version
2021v4.0
Gross Receipts
$12,215
Mission and Program Overview

Mission

Lighthouse Foundations dba Clearpath Discoverys is a registered 501c3 nonprofit organization that provides a clear and concise career path for high school students 9th - 12th grade and college students all over the United States. We see theres a huge disconect on preparing students on finding the right career before they risk loss of time money mental and physical pressures of life and disappointing themsleves and their family.

Lighthouse Foundation's mission is to become the recognized leader in helping people position themselves for greatness. Our target is to help kids 9th-12th grade figure out what type of career path they would like to pursue before they graduate from high school. These students will be from various high schools all over the Dallas-Ft. Worth area and the United States. Our goal is simple work directly with students from all walks of life who has a heart to learn about their particular career interest. Empowering students to have the confidence and trust based on the knowledge presented to choose the right career-path that will benefit them in their own future. Thus through a collective effort of learning basic skills and pairing them with professionals who are presently in their career choice. Together we seek to explore the opportunities and exposure so many students don't receive.

Program Services

DescriptionGrantsExpenses
Since Lighthouse Foundation has opened its doors 3 years ago May 2018 we have placed 15 high school students on their career track to the right college or trade institution. This also includes 3 of them starting their own business as an small business entrepreneur in design and fashion. We have given out scholarships starting in 2021 to help high school students financially assist with their college cost due to Covid.$0$2,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ronovan ChaissonFounder & CEOPT$0--
Filing and Contact Details

Filer

Filer Name
Lighthouse Foundation
EIN
38-4070487
In Care Of
% Ronovan Chaisson
Address
708 ABBOTT AVE, DESOTO, TX 75115-4813

Signing Officer

Name
Ronovan Chaisson
Title
Founder & CEO
Signed
2022-05-16
Discuss with paid preparer
No
Supplemental Narrative

Additional Explanations

Part I, line 16

| Other Expenses:, Amount:| Student Events College Trips Zoom Meeting Website Create and Maintenance Software Marketing,, $4339.00|

Part II, line 26

| Liabilities Name:, BOY Amount:, EOY Amount:| Accounts Payable, 0, $4524|

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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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