Civic Intelligence

Lighthouse Foundation

990EZ • Fiscal year 2023 • EIN 38-4070487

Jan 01, 2023 to Dec 31, 2023 • Filed on Apr 16, 2024

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

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

7th percentile

-80%

Higher net margin than 7% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

16th percentile

-33%

Faster asset growth than 16% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

30th percentile

-14%

Faster revenue growth than 30% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$9,568

Down $4,670 (-33%) from 2022

Net Assets

Down

$9,568

Down $4,670 (-33%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Down

$5,830

Down $942 (-14%) from 2022

Expenses

Up

$10,500

Up $6,950 (+196%) from 2022

Net Income

Down

-$4,670

Down $7,892 (-245%) from 2022

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

2023

Assets$9,568
Liabilities$0
Net Assets$9,568

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

2023

Revenue$5,830
Expenses$10,500
Net Income-$4,670
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 16, 2024
Return Version
2023v5.0
Gross Receipts
$14,300
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
The organization raised scholarship money to benefit high school students.$0$9,500
Organization was able to raise money toward students attending a Dallas Maverick game this year.$0$1,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ronovan ChaissonFounder CEOPT$0--
Vonda HighBoard Member And Career MentorPT$0--
Chnequa HarrisonBoard Member Career MentorPT$0--
Darrell GillespieBoard Advisor And Career MentorPT$0--
Aisha DavisExecutive AdminPT$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
2024-04-16
Supplemental Narrative

Additional Explanations

Doing Business As Names

Clearpath Discovery

Part II, line 24

| Explanation:, BOYAmount:, EOYAmount:| Cash, $, $| Savings, $, $| Investments, $, $| Land and Buildings, $, $| Inventory, $, $| Prepaid Expenses, $, $| Organization's share of assets, $, $|

Part II, line 26

| Explanation:, BOYAmount:, EOYAmount:| Accounts Payable, $, $| Grants Payable, $, $| Mortgages or other loans payable, $, $|

Part V, line 34

| Explanation:| Lighthouse Foundation changed its name to Clearpath Discovery in March 2023.|

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Clearpath Discovery
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Explanation:, BOYAmount:, EOYAmount:| Cash, $, $| Savings, $, $| Investments, $, $| Land and Buildings, $, $| Inventory, $, $| Prepaid Expenses, $, $| Organization's share of assets, $, $|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Explanation:, BOYAmount:, EOYAmount:| Accounts Payable, $, $| Grants Payable, $, $| Mortgages or other loans payable, $, $|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3| Explanation:| Lighthouse Foundation changed its name to Clearpath Discovery in March 2023.|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Doing Business As Names
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Ronovan Chaisson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Founder & CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-04-16
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ReturnHeader/Filer/EIN0384070487
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ReturnHeader/Filer/USAddress/ZIPCd0751154813
ReturnHeader/ReturnTs02024-04-16T07:38:31-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Ronovan
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Chaisson
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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