Civic Intelligence

Lost Light Projects Inc DBA Inside Climate News

990 • Fiscal year 2020 • EIN 56-2451141

Jan 01, 2020 to Dec 31, 2020 • Filed on Sep 29, 2021

Organization Profilewww.insideclimatenews.org
16 Court Street 2307Brooklyn, NY 11241

(718) 624-4587

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.21x

Higher debt load relative to assets than 63% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

60th percentile

0.21x

Higher debt load relative to revenue than 60% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

15th percentile

-22%

Higher net margin than 15% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

86th percentile

$165,022

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 8.8% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

23rd percentile

-2.4%

Faster asset growth than 23% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

24th percentile

-19%

Faster revenue growth than 24% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets63rd percentile

Assets

Down

$1,870,974

Down $45,703 (-2.4%) from 2019

Net Assets

Down

$1,480,290

Down $403,021 (-21%) from 2019

Liabilities

Up

$390,684

Up $357,318 (+1071%) from 2019

Revenue And Expenses
Liabilities / Revenue60th percentileNet Margin15th percentile

Revenue

Down

$1,874,112

Down $434,789 (-19%) from 2019

Expenses

Up

$2,277,133

Up $89,053 (+4.1%) from 2019

Net Income

Down

-$403,021

Down $523,842 (-434%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth23rd percentile

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

$6.0M$4.0M$2.0M$0Assets 2013: $32,927Liabilities 2013: $0Net Assets 2013: $32,9272013Assets 2014: $641,647Liabilities 2014: $47,223Net Assets 2014: $594,4242014Assets 2015: $681,449Liabilities 2015: $23,772Net Assets 2015: $657,6772015Assets 2016: $2,558,311Liabilities 2016: $25,588Net Assets 2016: $2,532,7232016Assets 2017: $1,928,029Liabilities 2017: $46,355Net Assets 2017: $1,881,6742017Assets 2018: $1,786,773Liabilities 2018: $24,283Net Assets 2018: $1,762,4902018Assets 2019: $1,916,677Liabilities 2019: $33,366Net Assets 2019: $1,883,3112019Assets 2020: $1,870,974Liabilities 2020: $390,684Net Assets 2020: $1,480,2902020Assets 2021: $2,601,521Liabilities 2021: $34,228Net Assets 2021: $2,567,2932021Assets 2022: $2,812,133Liabilities 2022: $116,140Net Assets 2022: $2,695,9932022Assets 2023: $3,085,685Liabilities 2023: $53,839Net Assets 2023: $3,031,8462023Assets 2024: $5,889,256Liabilities 2024: $174,462Net Assets 2024: $5,714,7942024

Highlighted filing

2020

Assets$1,870,974
Liabilities$390,684
Net Assets$1,480,290
Open 2020 Filing

Operations Trend

Revenue Growth24th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2013: $26,014Expenses 2013: $710Net Income 2013: $25,3042013Revenue 2014: $1,522,754Expenses 2014: $961,257Net Income 2014: $561,4972014Revenue 2015: $1,414,753Expenses 2015: $1,351,500Net Income 2015: $63,2532015Revenue 2016: $3,245,043Expenses 2016: $1,369,997Net Income 2016: $1,875,0462016Revenue 2017: $1,164,248Expenses 2017: $1,815,297Net Income 2017: -$651,0492017Revenue 2018: $2,004,900Expenses 2018: $2,124,084Net Income 2018: -$119,1842018Revenue 2019: $2,308,901Expenses 2019: $2,188,080Net Income 2019: $120,8212019Revenue 2020: $1,874,112Expenses 2020: $2,277,133Net Income 2020: -$403,0212020Revenue 2021: $3,451,685Expenses 2021: $2,364,681Net Income 2021: $1,087,0042021Revenue 2022: $3,031,154Expenses 2022: $2,902,454Net Income 2022: $128,7002022Revenue 2023: $3,638,304Expenses 2023: $3,302,451Net Income 2023: $335,8532023Revenue 2024: $6,576,178Expenses 2024: $3,893,230Net Income 2024: $2,682,9482024

Highlighted filing

2020

Revenue$1,874,112
Expenses$2,277,133
Net Income-$403,021
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Sep 29, 2021
Return Version
2020v4.0
Gross Receipts
$1,874,112
Mission and Program Overview

Mission

HISTORICAL ARCHIVES

Lost Lights Projects, Inc. is committed to establishing a permanent national reporting network, to training the next generation of journalists, and to strengthening the practice of environmental journalism.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$453,095$819,396▲ $366,301
Savings and Temporary Cash Investments$1,268,236$804,179▼ $464,057
Cash and Non-Interest-Bearing Accounts$128,908$158,782▲ $29,874
Land, Buildings, and Equipment, Net$2,916$29,560▲ $26,644
Prepaid Expenses and Deferred Charges$32,044$27,579▼ $4,465
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$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-
Total Assets$1,916,677$1,870,974▼ $45,703
Other Assets Total$31,478$31,478→ $0
Liabilities
Other Liabilities-$364,634-
Accounts Payable and Accrued Expenses$33,366$25,550▼ $7,816
Deferred Revenue-$500-
Total Liabilities$33,366$390,684▲ $357,318
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,350,811$831,290▼ $519,521
Net Assets With Donor Restrictions$532,500$649,000▲ $116,500
Total Net Assets Fund Balance$1,883,311$1,480,290▼ $403,021
Total Liabilities and Net Assets / Fund Balance$1,916,677$1,870,974▼ $45,703

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$29,560$22,275$51,835
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseTotal
David SassoonPresident & SecFT$165,022$165,022

Board Members and Trustees

NameTitle
Lawrence RodmanChairman
Dancie WareBoard Member
Harold JacksonBoard Member
Jennifer LeeBoard Member
Judith AlbertBoard Member
Keith McAllisterBoard Member
Michael NorthropBoard Member
Shirley M CarswellBoard Member
Ted LoewenthalTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,864,566
Program Service Revenue
$2,834
Investment Income
$6,712
Other Revenue
$0
All Other Contributions
$1,864,566
Change in Net Assets
$-403,021

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,874,112
Revenue Not Reported on Form 990
$364,634
Total Revenue per Audited Statements
$2,238,746
Total Revenue per Form 990
$1,874,112
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,904,267
Other Expenses$372,866
Total Fundraising Expense$272,911
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,226,853$56,054$176,212$1,459,119
Current Officers, Directors, Trustees, and Key Employees$138,618$6,601$19,803$165,022
Other Employee Benefits$128,622$5,717$18,538$152,877
Payroll Taxes$106,889$5,090$15,270$127,249
Fees for Services Other$82,743$2,984$19,877$105,604
Occupancy$81,398$3,734$11,685$96,817
Other Expenses$33,453$1,535$4,802$39,790
Travel$24,345$1,117$3,494$28,956
Office Expenses$13,113$601$1,882$15,596
Insurance$7,840$359$1,126$9,325
Advertising$8,188--$8,188
Depreciation Depletion$1,549$71$222$1,842
Total Functional Expenses$1,920,359$83,863$272,911$2,277,133

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,277,133
Total Expenses per Audited Statements$2,277,133
Total Expenses per Form 990$2,277,133
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Ppp Loan$364,634
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
No
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

“The organization's audit committee reviews the form 990 with the audited financial statements before the return is filed. During the review process, audit committee members will discuss any questions and changes regarding the return with the board president, vice presidents and treasurer.”

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

“The organization monitors and enforces conflicts through discussions at their annual meeting with board and committee members.”

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

“The organization's board of directors reviewed outside marketing salary sources to gain understanding of median salary for a president.”

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

“Organization will make available upon request.”

Filing and Contact Details

Filer

Filer Name
Lost Light Projects Inc
EIN
56-2451141
Phone
7186244587
Address
16 COURT STREET 2307, BROOKLYN, NY 11241

Signing Officer

Name
David Sassoon
Title
Executive Director
Signed
2021-09-29
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
10
Employees
22

Preparer

Firm
Gruber Palumberi Raffaele Fried CPAs PC
Address
7 Penn Plaza Suite 310, New York, NY 10001
Preparer
Robert L Manger CPA
Phone
2125860800
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“Lost Light Projects, Inc. is an organization exempt from federal income tax under Section 501(c)3. On May 7, 2020 the Internal Revenue Service terminated its private foundation status retroactively, as of January 1, 2015, reclassified Lost Light as a public charity exempt from federal income tax under Section 501(c)(3) of the Code.”

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

“PPP Loan Grant $364634”

Raw XML AppendixShowing 400 of 494 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt033366
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt025550
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Lost Lights Projects, Inc. is committed to establishing a permanent national reporting network, to training the next generation of journalists, and to strengthening the practice of environmental journalism.
IRS990/AdvertisingGrp/ProgramServicesAmt08188
IRS990/AdvertisingGrp/TotalAmt08188
IRS990/AllOtherContributionsAmt01864566
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum07186244587
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt016 COURT STREET 2307
IRS990/BooksInCareOfDetail/USAddress/CityNm0BROOKLYN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd011241
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0128908
IRS990/CashNonInterestBearingGrp/EOYAmt0158782
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt019803
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt06601
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0138618
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0165022
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01864566
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt06712
IRS990/CYOtherExpensesAmt0372866
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt02834
IRS990/CYRevenuesLessExpensesAmt0-403021
IRS990/CYSalariesCompEmpBnftPaidAmt01904267
IRS990/CYTotalExpensesAmt02277133
IRS990/CYTotalFundraisingExpenseAmt0272911
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01874112
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/EOYAmt0500
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt0222
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt071
IRS990/DepreciationDepletionGrp/ProgramServicesAmt01549
IRS990/DepreciationDepletionGrp/TotalAmt01842
IRS990/Desc0Lost Light Projects, Inc. (dba InsideClimate News) is an exempt organization operating as a public charity under IRC 501(c)(3). The organization runs a nationally recognized, independent, non-partisan news service called InsideClimate News (ICN), available as a public service for free on the internet at https://insideclimatenews.org. ICN's original journalism on climate and energy issues is published daily, and includes breaking news, headline aggregations, features and in-depth investigations. ICN helps to fill a national deficiency in environmental journalism and contributes to accurate public understanding on vital issues, crucial to the proper functioning of democracy. ICN is staffed by professional journalists, many with decades of experience. It has won dozens of awards for its groundbreaking work, including a Pulitzer Prize for National Reporting, and recognition as a finalist for a Pulitzer Prize for Public Service.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0532500
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0649000
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt022
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01920359
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/FundraisingAmt019877
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt02984
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt082743
IRS990/FeesForServicesOtherGrp/TotalAmt0105604
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0DAVID SASSOON
IRS990/Form990PartVIISectionAGrp/PersonNm1LAWRENCE RODMAN
IRS990/Form990PartVIISectionAGrp/PersonNm2MICHAEL NORTHROP
IRS990/Form990PartVIISectionAGrp/PersonNm3TED LOEWENTHAL
IRS990/Form990PartVIISectionAGrp/PersonNm4JENNIFER LEE
IRS990/Form990PartVIISectionAGrp/PersonNm5JUDITH ALBERT
IRS990/Form990PartVIISectionAGrp/PersonNm6Shirley M Carswell
IRS990/Form990PartVIISectionAGrp/PersonNm7Harold Jackson
IRS990/Form990PartVIISectionAGrp/PersonNm8Keith McAllister
IRS990/Form990PartVIISectionAGrp/PersonNm9Dancie Ware
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0165022
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0President & Sec
IRS990/Form990PartVIISectionAGrp/TitleTxt1Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01874112
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/FundraisingAmt01126
IRS990/InsuranceGrp/ManagementAndGeneralAmt0359
IRS990/InsuranceGrp/ProgramServicesAmt07840
IRS990/InsuranceGrp/TotalAmt09325
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt06712
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06712
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt023
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt022275
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02916
IRS990/LandBldgEquipBasisNetGrp/EOYAmt029560
IRS990/LandBldgEquipCostOrOtherBssAmt051835
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Lost Lights Projects, Inc. is committed to establishing a permanent national reporting network, to training the next generation of journalists, and to strengthening the practice of environmental journalism.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01883311
IRS990/NetAssetsOrFundBalancesEOYAmt01480290
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01350811
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0831290
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt011685
IRS990/OccupancyGrp/ManagementAndGeneralAmt03734
IRS990/OccupancyGrp/ProgramServicesAmt081398
IRS990/OccupancyGrp/TotalAmt096817
IRS990/OfficeExpensesGrp/FundraisingAmt01882
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0601
IRS990/OfficeExpensesGrp/ProgramServicesAmt013113
IRS990/OfficeExpensesGrp/TotalAmt015596
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt031478
IRS990/OtherAssetsTotalGrp/EOYAmt031478
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt018538
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt05717
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0128622
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0152877
IRS990/OtherExpensesGrp/Desc0OUTSIDE WRITERS & EDITORS
IRS990/OtherExpensesGrp/Desc1Internet & web development
IRS990/OtherExpensesGrp/FundraisingAmt04802
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01535
IRS990/OtherExpensesGrp/ProgramServicesAmt066748
IRS990/OtherExpensesGrp/ProgramServicesAmt133453
IRS990/OtherExpensesGrp/TotalAmt066748
IRS990/OtherExpensesGrp/TotalAmt139790
IRS990/OtherLiabilitiesGrp/EOYAmt0364634
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0176212
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt056054
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01226853
IRS990/OtherSalariesAndWagesGrp/TotalAmt01459119
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt015270
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05090
IRS990/PayrollTaxesGrp/ProgramServicesAmt0106889
IRS990/PayrollTaxesGrp/TotalAmt0127249
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0453095
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0819396
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt032044
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt027579
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0DAVID SASSOON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02834
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02834
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02191751
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt013182
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0504800
IRS990/PYProgramServiceRevenueAmt0103968
IRS990/PYRevenuesLessExpensesAmt0120821
IRS990/PYSalariesCompEmpBnftPaidAmt01683280
IRS990/PYTotalExpensesAmt02188080
IRS990/PYTotalRevenueAmt02308901
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-403021
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01268236
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0804179
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01864566
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02190236
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01933278
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01128613
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01778784
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt08895477
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt06712
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt013182
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt08479
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt08752
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02672
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt039797
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.38300
IRS990ScheduleA/PublicSupportPY170Pct00.43400
IRS990ScheduleA/PublicSupportTotal170Amt03421975
IRS990ScheduleA/SubstantialContributorsTotAmt05473502
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01864566
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02190236
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01933278
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01128613
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01778784
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt08895477
IRS990ScheduleA/TotalSupportAmt08935274
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/EquipmentGrp/BookValueAmt029560
IRS990ScheduleD/EquipmentGrp/DepreciationAmt022275
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt051835
IRS990ScheduleD/ExpensesSubtotalAmt02277133
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0364634
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PPP LOAN
IRS990ScheduleD/OtherRevenueAmt0364634
IRS990ScheduleD/RevenueNotReportedAmt0364634
IRS990ScheduleD/RevenueSubtotalAmt01874112
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Lost Light Projects, Inc. is an organization exempt from federal income tax under Section 501(c)3. On May 7, 2020 the Internal Revenue Service terminated its private foundation status retroactively, as of January 1, 2015, reclassified Lost Light as a public charity exempt from federal income tax under Section 501(c)(3) of the Code.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1PPP Loan Grant $364634
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990
IRS990ScheduleD/TotalBookValueLandBuildingsAmt029560
IRS990ScheduleD/TotalExpensesPerForm990Amt02277133
IRS990ScheduleD/TotalLiabilityAmt0364634
IRS990ScheduleD/TotalRevenuePerForm990Amt01874112
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02238746
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02277133
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0165022
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DAVID SASSOON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President & Sec
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0165022
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SubstantiationRequiredInd0true
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenEmploymentContractInd0X

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,870,974
Liabilities
$390,684
Net assets
$1,480,290
Revenue
$1,874,112
Expenses
$2,277,133
Net income
-$403,021
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.89$0.17$5.71$6.58$3.89$2.68
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.09$0.05$3.03$3.64$3.30$0.34
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.81$0.12$2.70$3.03$2.90$0.13
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.60$0.03$2.57$3.45$2.36$1.09
2020Detailed filing. Detailed filing data is available for this year.$1.87$0.39$1.48$1.87$2.28$0.40
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.92$0.03$1.88$2.31$2.19$0.12
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.79$0.02$1.76$2.00$2.12$0.12
2017Detailed filing. Detailed filing data is available for this year.$1.93$0.05$1.88$1.16$1.82$0.65
2016Detailed filing. Detailed filing data is available for this year.$2.56$0.03$2.53$3.25$1.37$1.88
2015Detailed filing. Detailed filing data is available for this year.$0.68$0.02$0.66$1.41$1.35$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.64$0.05$0.59$1.52$0.96$0.56
2013Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.03$0.00$0.03