Civic Intelligence

Childrens Lantern Inc

EIN 45-2595019 • 501(c)3 • Defiance, OH

Profile

To provide relief to the poor, distressed or underpriveleged, and specifically to supply resources to organizations that are meeting the needs of helpless children through funding foster care, feeding children, assisting with adoptions, and freeing trafficked children.

930 S Clinton StDefiance, OH 43512

n/A

Siviq Scores

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

Liabilities / Assets

90th percentile

0.60x

Higher debt load relative to assets than 90% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

93rd percentile

0.68x

Higher debt load relative to revenue than 93% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

24th percentile

-18%

Higher net margin than 24% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

35th percentile

-13%

Faster asset growth than 35% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

56th percentile

3.1%

Faster revenue growth than 56% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$193,755

Down $29,234 (-13%) from 2023

Liabilities

Up

$117,195

Up $1,957 (+1.7%) from 2023

Net Assets

Down

$76,560

Down $31,191 (-29%) from 2023

Revenue

Up

$171,949

Up $5,156 (+3.1%) from 2023

Expenses

Down

$203,140

Down $68,300 (-25%) from 2023

Net Income

Up

-$31,191

Up $73,456 (+70%) from 2023

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2012: $30,691Liabilities 2012: $9002012Assets 2013: $27,776Liabilities 2013: $1,198Net Assets 2013: $26,5782013Assets 2014: $28,221Liabilities 2014: $1,490Net Assets 2014: $26,7312014Assets 2015: $51,361Liabilities 2015: $1,048Net Assets 2015: $50,3132015Assets 2016: $42,614Liabilities 2016: $4,565Net Assets 2016: $38,0492016Assets 2017: $31,474Liabilities 2017: $8,483Net Assets 2017: $22,9912017Assets 2018: $41,566Liabilities 2018: $8,486Net Assets 2018: $33,0802018Assets 2019: $37,474Liabilities 2019: $4,034Net Assets 2019: $33,4402019Assets 2020: $146,716Liabilities 2020: $33,548Net Assets 2020: $113,1682020Assets 2021: $271,457Liabilities 2021: $144,054Net Assets 2021: $127,4032021Assets 2022: $271,506Liabilities 2022: $154,282Net Assets 2022: $117,2242022Assets 2023: $222,989Liabilities 2023: $115,238Net Assets 2023: $107,7512023Assets 2024: $193,755Liabilities 2024: $117,195Net Assets 2024: $76,5602024

Highlighted filing

2024

Assets$193,755
Liabilities$117,195
Net Assets$76,560

Operations Trend

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

$300K$200K$100K$0-$100K-$200KRevenue 2012: $125,661Expenses 2012: $95,870Net Income 2012: $29,7912012Revenue 2013: $124,986Expenses 2013: $128,199Net Income 2013: -$3,2132013Revenue 2014: $97,712Expenses 2014: $97,559Net Income 2014: $1532014Revenue 2015: $140,915Expenses 2015: $117,333Net Income 2015: $23,5822015Revenue 2016: $150,171Expenses 2016: $162,435Net Income 2016: -$12,2642016Revenue 2017: $121,524Expenses 2017: $136,582Net Income 2017: -$15,0582017Revenue 2018: $133,081Expenses 2018: $122,992Net Income 2018: $10,0892018Revenue 2019: $105,608Expenses 2019: $105,248Net Income 2019: $3602019Revenue 2020: $177,454Expenses 2020: $108,362Net Income 2020: $69,0922020Revenue 2021: $212,154Expenses 2021: $197,919Net Income 2021: $14,2352021Revenue 2022: $234,574Expenses 2022: $244,753Net Income 2022: -$10,1792022Revenue 2023: $166,793Expenses 2023: $271,440Net Income 2023: -$104,6472023Revenue 2024: $171,949Expenses 2024: $203,140Net Income 2024: -$31,1912024

Highlighted filing

2024

Revenue$171,949
Expenses$203,140
Net Income-$31,191

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 10, 2025
Return Version
2024v5.2
Gross Receipts
$306,493
Mission and Program Overview

Mission

To provide relief to the poor, distressed or underprivileged, and specifically to supply resources to organizations that are meeting the needs of helpless children through funding foster care, feeding children, assisting with adoptions, and freeing trafficked children.

To provide relief to the poor, distressed or underpriveleged, and specifically to supply resources to organizations that are meeting the needs of helpless children through funding foster care, feeding children, assisting with adoptions, and freeing trafficked children.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$200,800$182,873▼ $17,927
Cash and Non-Interest-Bearing Accounts$17,674$9,936▼ $7,738
Intangible Assets$887$815▼ $72
Savings and Temporary Cash Investments$3,628$131▼ $3,497
Total Assets$222,989$193,755▼ $29,234
Liabilities
Mortgage Notes Payable Secured by Investment Property$115,238$107,104▼ $8,134
Other Liabilities-$10,091-
Total Liabilities$115,238$117,195▲ $1,957
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$107,751$76,560▼ $31,191
Total Net Assets Fund Balance$107,751$76,560▼ $31,191
Total Liabilities and Net Assets / Fund Balance$222,989$193,755▼ $29,234

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$145,148$15,252$160,400
Other Land Buildings$13,125$74,425$87,550
Land$24,600-$0
Compensation and Service Providers

Employees

NameTitleBaseTotal
Steve HeilshornExecutive Director$38,704$38,704

Board Members and Trustees

NameTitle
Tim TracyPresident
Wayne AlstaeterVice President
Jess HotmireBoard Member
Jill TracyBoard Member
Ron ColesBoard Member
Tori PetersenBoard Member
Rachel HammersmithSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$82,545
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$89,404
All Other Contributions
$82,545
Change in Net Assets
$-31,191
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$120,879
Other Expenses$82,261
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$48,660$0$0$48,660
Current Officers, Directors, Trustees, and Key Employees$38,704$0$0$38,704
Other Employee Benefits$24,289$0$0$24,289
Depreciation Depletion$18,035$0$0$18,035
All Other Expenses$15,833$0$0$15,833
Occupancy$13,087$0$0$13,087
Fees for Services Legal$9,294$0$0$9,294
Payroll Taxes$6,905$0$0$6,905
Office Expenses$5,764$0$0$5,764
Other Expenses$5,657$0$0$5,657
Interest$3,936$0$0$3,936
Pension Plan Contributions$2,321$0$0$2,321
Travel$1,714$0$0$1,714
Insurance$1,702$0$0$1,702
Advertising$846$0$0$846
Conferences and Meetings$482$0$0$482
Total Functional Expenses$203,140$0$0$203,140
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$188,039
Gaming Direct Expenses$125,188
Fundraising Gross Income$35,909
Fundraising Direct Expenses$9,356
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Freedom Gala$19,689$19,689$1,254$18,435
Golf Outing$16,220$16,220$4,028$12,192
Total Events$35,909$35,909$9,356$26,553
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card$10,091
Governance and Compliance

Governance Checklist

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

Filer

Filer Name
Childrens Lantern Inc
EIN
45-2595019
Phone
4199132473
Address
930 S CLINTON ST, DEFIANCE, OH 43512

Signing Officer

Name
Steve Heilshorn
Title
Executive Director
Phone
4199132473
Signed
2025-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tim Tracy
Formed
2011
Legal Domicile
Oh
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
130

Preparer

Firm
Sri Tax and Accounting
Address
114 GRAND AVE, DEFIANCE, OH 43512
Preparer
Travis Starbuck Ea
Phone
4197826727
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Copy of the return was provided at meeting

Pt VI, Line 12C

Enforcement of conflicts policy - during board meetings, each member is required to report any potential conflict of interest and is given an opportunity to disclose all material facts. A determination of a conflict of interest is discussed and voted upon.

Pt VI, Line 15A

Compensation process for top official - board apppoves executive director compensation

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IRS990/PensionPlanContributionsGrp/TotalAmt02321
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0TIM TRACY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt015294
IRS990/PYContributionsGrantsAmt065376
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0152226
IRS990/PYOtherRevenueAmt0101417
IRS990/PYRevenuesLessExpensesAmt0-104647
IRS990/PYSalariesCompEmpBnftPaidAmt0103920
IRS990/PYTotalExpensesAmt0271440
IRS990/PYTotalRevenueAmt0166793
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-31191
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03628
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0131
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt01609
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt01833
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt01200
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt01300
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt05942
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt082545
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt065376
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0108512
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt074496
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt054845
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0385774
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt025880
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt013829
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt016958
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt020620
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt077287
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt01484444
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt01731532
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt01706592
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt01746916
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt06669484
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99920
IRS990ScheduleA/PublicSupportPY509Pct00.99900
IRS990ScheduleA/PublicSupportTotal509Amt07126603
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt01609
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt01833
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt01200
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt01300
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt05942
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt082545
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01575700
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01853873
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01798046
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01822381
IRS990ScheduleA/Total509Grp/TotalAmt07132545
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt07132545
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0145148
IRS990ScheduleD/BuildingsGrp/DepreciationAmt015252
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0160400
IRS990ScheduleD/LandGrp/BookValueAmt024600
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt024600
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt013125
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt074425
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt087550
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt010091
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARD
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0182873
IRS990ScheduleD/TotalLiabilityAmt010091
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt09356
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt0400
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt0400
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FREEDOM GALA
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GOLF OUTING
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt01093
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt0143
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt01236
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt019689
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt016220
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt035909
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt019689
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt016220
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt035909
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt026553
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent2Amt02438
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt02438
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt05282
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01254
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt04028
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt0125188
IRS990ScheduleG/GamingInformationGrp/GrossRevenuePullTabsAmt0188039
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt0188039
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt062851
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt0125188
IRS990ScheduleG/GamingInformationGrp/OtherDirectExpensesPullTabsAmt0125188
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsInd0true
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsPct01.00000
IRS990ScheduleG/GamingWithNonmembersInd0true
IRS990ScheduleG/LicensedInd0true
IRS990ScheduleG/LicenseSuspendedEtcInd0false
IRS990ScheduleG/MemberOfOtherEntityInd0false
IRS990ScheduleG/StatesWhereGamingConductedCd0OH
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COPY OF THE RETURN WAS PROVIDED AT MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ENFORCEMENT OF CONFLICTS POLICY - DURING BOARD MEETINGS, EACH MEMBER IS REQUIRED TO REPORT ANY POTENTIAL CONFLICT OF INTEREST AND IS GIVEN AN OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS. A DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION PROCESS FOR TOP OFFICIAL - BOARD APPPOVES EXECUTIVE DIRECTOR COMPENSATION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false

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