Civic Intelligence

Lighthouse for Children Inc.

990 • Fiscal year 2021 • EIN 46-3113048

Jul 01, 2020 to Jun 30, 2021 • Filed on Dec 21, 2021

2405 Tulare Street 200Fresno, CA 93721

(559) 558-4900

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.08x

Higher debt load relative to assets than 52% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

20th percentile

0.00x

Higher debt load relative to revenue than 20% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

95th percentile

79%

Higher net margin than 95% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

81st percentile

$131,813

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 6.4% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

1st percentile

-100%

Faster asset growth than 1% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

99th percentile

1278%

Faster revenue growth than 99% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Down

$55,061

Down $14,108,075 (-100%) from 2020

Net Assets

Up

$50,794

Up $1,615,978 (+103%) from 2020

Liabilities

Down

$4,267

Down $15,724,053 (-100%) from 2020

Revenue

Up

$2,045,496

Up $1,897,081 (+1278%) from 2020

Expenses

Down

$429,518

Down $181,055 (-30%) from 2020

Net Income

Up

$1,615,978

Up $2,078,136 (+450%) from 2020

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0-$5.0MAssets 2014: $17,621,274Liabilities 2014: $16,995,141Net Assets 2014: $626,1332014Assets 2015: $16,300,787Liabilities 2015: $15,963,913Net Assets 2015: $336,8742015Assets 2016: $15,642,249Liabilities 2016: $15,736,302Net Assets 2016: -$94,0532016Assets 2017: $15,563,437Liabilities 2017: $15,762,416Net Assets 2017: -$198,9792017Assets 2018: $15,162,379Liabilities 2018: $15,752,510Net Assets 2018: -$590,1312018Assets 2019: $14,639,836Liabilities 2019: $15,742,862Net Assets 2019: -$1,103,0262019Assets 2020: $14,163,136Liabilities 2020: $15,728,320Net Assets 2020: -$1,565,1842020Assets 2021: $55,061Liabilities 2021: $4,267Net Assets 2021: $50,7942021Assets 2022: $44,422Liabilities 2022: $504Net Assets 2022: $43,9182022Assets 2023: $57,507Net Assets 2023: $57,5072023Assets 2024: $61,249Liabilities 2024: $02024Assets 2025: $208,398Liabilities 2025: $0Net Assets 2025: $208,3982025

Highlighted filing

2021

Assets$55,061
Liabilities$4,267
Net Assets$50,794

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $1,210,826Expenses 2014: $584,693Net Income 2014: $626,1332014Revenue 2015: $8,246Expenses 2015: $297,505Net Income 2015: -$289,2592015Revenue 2016: $164,205Expenses 2016: $632,132Net Income 2016: -$467,9272016Revenue 2017: $543,878Expenses 2017: $648,804Net Income 2017: -$104,9262017Revenue 2018: $260,948Expenses 2018: $652,100Net Income 2018: -$391,1522018Revenue 2019: $149,433Expenses 2019: $662,328Net Income 2019: -$512,8952019Revenue 2020: $148,415Expenses 2020: $610,573Net Income 2020: -$462,1582020Revenue 2021: $2,045,496Expenses 2021: $429,518Net Income 2021: $1,615,9782021Revenue 2022: $9Expenses 2022: $6,885Net Income 2022: -$6,8762022Revenue 2023: $20,009Expenses 2023: $6,420Net Income 2023: $13,5892023Revenue 2024: $10,000Expenses 2024: $6,258Net Income 2024: $3,7422024Revenue 2025: $247,408Expenses 2025: $100,259Net Income 2025: $147,1492025

Highlighted filing

2021

Revenue$2,045,496
Expenses$429,518
Net Income$1,615,978
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Dec 21, 2021
Return Version
2020v4.0
Gross Receipts
$2,045,496
Mission and Program Overview

Mission

The purposes of the LFC is to provide the vision and means for Fresno County children to enter school in good health, ready and able to learn, and emotionally well-developed by providing culturally, individually, and developmentally-appropriate parenting and nurturing support.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$14,027,432$0▼ $14,027,432
Cash and Non-Interest-Bearing Accounts$88,906$55,061▼ $33,845
Savings and Temporary Cash Investments$46,798$0▼ $46,798
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$14,163,136$55,061▼ $14,108,075
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$15,714,000--
Other Liabilities$13,841--
Accounts Payable and Accrued Expenses$479$4,267▲ $3,788
Total Liabilities$15,728,320$4,267▼ $15,724,053
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,611,983$50,794▲ $1,662,777
Net Assets With Donor Restrictions$46,799--
Total Net Assets Fund Balance$-1,565,184$50,794▲ $1,615,978
Total Liabilities and Net Assets / Fund Balance$14,163,136$55,061▼ $14,108,075
Compensation and Service Providers

Employees

NameTitleOtherTotal
Fabiola GonzalezExecutive Director$131,813$131,813

Board Members and Trustees

NameTitle
Brian PachecoChairman
Dawan UtechtDirector
Stacy SablanDirector
Hugo MoralesSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$98,667
Investment Income
$6
Other Revenue
$1,946,823
Change in Net Assets
$1,615,978

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,045,496
Total Revenue per Audited Statements
$2,045,496
Total Revenue per Form 990
$2,045,496
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$429,518
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$260,095--$260,095
Interest$151,951--$151,951
Insurance-$8,357-$8,357
Fees for Services Other-$5,702-$5,702
Fees for Services Management-$3,413-$3,413
Total Functional Expenses$412,046$17,472$0$429,518

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$429,518
Total Expenses per Audited Statements$429,518
Total Expenses per Form 990$429,518
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
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, Line 11B: Form 990 Review Process

Children and Families Commission Fresno County First 5 is responsible for the 990 for the Lighthouse for Children, Inc. An independent firm was hired to conduct the comprehensive audit and the 990. The 990 is then reviewed by staff and the Executive Director.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Review by Board.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Review by Board.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Available on the Lighthouse for Children, Inc. website.

Filing and Contact Details

Filer

Filer Name
Lighthouse for Children Inc
EIN
46-3113048
Phone
5595584900
Address
2405 Tulare Street 200, Fresno, CA 93721

Signing Officer

Name
Fabiola Gonzalez
Title
Executive Director
Signed
2021-12-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Fabiola Gonzalez
Formed
2012
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
4
Employees
0

Preparer

Firm
Price Paige & Company
Address
570 N Magnolia Ave Ste 100, Clovis, CA 93611
Preparer
Fausto Hinojosa CPA CFE
Phone
5592999540
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The Organization is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code and applicable state law.The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, the Organization may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax positions included the tax-exempt status of the Organization and various positions related to the potential sources of unrelated business taxable income. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities for the fiscal year ended June 30, 2021.Generally accepted accounting principles provide accounting and disclosures guidance about positions taken by an entity in its tax returns that might be uncertain. Management has considered its tax positions and believes that all of the positions taken in its federal and state exempt organization tax returns are more likely than not to be sustained upon examination. The Organizations returns are subject to examination by federal and state taxing authorities, generally for three years to four years, respectively, after they are filed.

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IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0770543565
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IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0First 5 Fresno County
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0429518
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueSubtotalAmt02045496
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code and applicable state law.The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, the Organization may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax positions included the tax-exempt status of the Organization and various positions related to the potential sources of unrelated business taxable income. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities for the fiscal year ended June 30, 2021.Generally accepted accounting principles provide accounting and disclosures guidance about positions taken by an entity in its tax returns that might be uncertain. Management has considered its tax positions and believes that all of the positions taken in its federal and state exempt organization tax returns are more likely than not to be sustained upon examination. The Organizations returns are subject to examination by federal and state taxing authorities, generally for three years to four years, respectively, after they are filed.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalExpensesPerForm990Amt0429518
IRS990ScheduleD/TotalRevenuePerForm990Amt02045496
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02045496
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0429518
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleN/DirectorOfSuccessor2Ind0false
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0Land, Building & Equipment
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt0First 5 Fresno County
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt02021-03-01
IRS990ScheduleN/DispositionOfAssetsDetail/EIN0770543565
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt013767337
IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt0Gov Agency
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt0Net Book Value
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt02405 Tulare Street
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm0Fresno
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd0CA
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd093721
IRS990ScheduleN/EmployeeOfSuccessor2Ind0false
IRS990ScheduleN/OwnerOfSuccessor2Ind0false
IRS990ScheduleN/ReceiveCompensation2Ind0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Children and Families Commission Fresno County First 5 is responsible for the 990 for the Lighthouse for Children, Inc. An independent firm was hired to conduct the comprehensive audit and the 990. The 990 is then reviewed by staff and the Executive Director.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Review by Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Review by Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Available on the Lighthouse for Children, Inc. website.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990ScheduleR/AssetSaleToOtherOrgInd0false
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0Fresno County
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0First 5 Fresno County
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0770543565
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Development of Children 0-5 Years.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02405 Tulare Street
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Fresno
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CA
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IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
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IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt098667
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt113767337
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0Actual
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1NBV
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0First 5 Fresno County
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1First 5 Fresno County
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0j
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1r
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IRS990ScheduleR/TransferToOtherOrgInd0true
IRS990/SchoolOperatingInd0false
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt014163136
IRS990/TotalAssetsEOYAmt055061
IRS990/TotalAssetsGrp/BOYAmt014163136
IRS990/TotalAssetsGrp/EOYAmt055061
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt017472
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0412046
IRS990/TotalFunctionalExpensesGrp/TotalAmt0429518
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt015728320
IRS990/TotalLiabilitiesEOYAmt04267
IRS990/TotalLiabilitiesGrp/BOYAmt015728320
IRS990/TotalLiabilitiesGrp/EOYAmt04267
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1565184
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt050794
IRS990/TotalOtherCompensationAmt016250
IRS990/TotalProgramServiceExpensesAmt0412046
IRS990/TotalProgramServiceRevenueAmt098667
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02045496
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02045496
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt014163136
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt055061
IRS990/TotReportableCompRltdOrgAmt0115563
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02405 Tulare Street 200
IRS990/USAddress/CityNm0Fresno
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd093721
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0www.lfcfresno.org

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