Civic Intelligence

Lost Light Projects Inc DBA Inside Climate News

990EZ • Fiscal year 2013 • EIN 56-2451141

Jan 01, 2013 to Dec 31, 2013 • Filed on May 09, 2014

89 Fern Hill Road11241

(718) 624-4587

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

56th percentile

0.00x

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

99th percentile

97%

Higher net margin than 99% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Asset Growth

Score unavailable

No value available

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

Source year 2013

Revenue Growth

Score unavailable

No value available

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

Source year 2013

Assets

$32,927

No earlier filing loaded for comparison.

Net Assets

$32,927

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$26,014

No earlier filing loaded for comparison.

Expenses

$710

No earlier filing loaded for comparison.

Net Income

$25,304

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.

$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

2013

Assets$32,927
Liabilities$0
Net Assets$32,927

Operations Trend

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

2013

Revenue$26,014
Expenses$710
Net Income$25,304
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
May 9, 2014
Return Version
2013v3.1
Gross Receipts
$26,014
Mission and Program Overview

Mission

Inside climate news is committed to establishing a permanent national reporting network, to training the next generation of journalists, and to strengthening the practice of environmental journalism.

HISTORICAL ARCHIVES

Program Services

DescriptionGrantsExpenses
HISTORICAL ARCHIVES$26,014$710
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVID SASSOONChairmanFT$0--
Filing and Contact Details

Filer

EIN
56-2451141

Signing Officer

Name
David Sassoon
Title
Chairman
Phone
7186244587
Signed
2014-05-09
Discuss with paid preparer
Yes

Preparer

Preparer
Charles D Gomez CPA
Phone
2126293343
Supplemental Narrative

Additional Explanations

Changes to governing documents Part V line 34

Lost light projects, inc. Amended its certificate of incorporation to add new, additional organizational purposes. The organization has also retained its original organizational purposes and remains organized exclusively for charitable and educational purposes within the meaning of section 501(c)(3). The addition of the new organizational purposes was authorized by a majority of the board of directors on february 2, 2012, and approved by the state of new york on april 16, 2012. The amendment was also ratified by its current board of directors as of january 15, 2014, 2013. The organizations purposes following the amendment of its certificate of incorporation are as follows: third: the corporation is organized for exclusively charitable and educational purposes within the meaning of section 501(c)(3) or any future corresponding section of the internal revenue code of 1954, as the same may be amended from time to time (the code). The purpose of the corporation is to provide enhanced understanding and access to historically and culturally significant visual records (including, but not limited to, photographs, drawings, artwork, ethnographic, documents, and film) which may deteriorate if they are not restored or preserved through digital technology. The visual images will be discovered, commissioned, preserved, and disseminated through a website, educational programs, exhibits, and publications. Nothing herein shall authorize the corporation to operate or maintain a nursery school, elementary school, secondary school, or an institution of higher learning. The corporation may engage in the conduct of any lawful activity incidental to, connected with, or in advancement of the foregoing not-for-profit and exempt purposes. To develop information and promote awareness of cultural survival and climate change. To carry out these purposes, the corporation, inter alia, will create, collect (but such collection shall not be of original materials for ownership by the corporation), disseminate and provide access to historically and culturally significant visual records of all kinds and to create and commission articles, books, reports, and studies on climate changeits causes and consequences, proposed solutions and obstaclesand the dissemination of such works through traditional and new media, including printed matter, broadcasting, internet, multi-platform devices and other media forms; and to act as a fiscal sponsor for other organizations working to advance similar charitable purposes. Nothing herein shall authorize the corporation to operate or maintain a library, museum, archive or historical society or to own or hold collections except that the corporation may own, hold, produce, reproduce, sell, dispose of, and otherwise make available copies of original materials in photographic, scanned, and/or computer-generated formats provided the corporation does not own the original materials.except as authorized by title viii or other applicable statute, nothing herein shall authorize the corporation to engage in the practice of any profession in new york, engage in the training of any profession in new york or to use a professional title or term of any profession in new york in violation of title viii of the education law.

Raw XML Appendix104 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LOST LIGHT PROJECTS, INC. AMENDED ITS CERTIFICATE OF INCORPORATION TO ADD NEW, ADDITIONAL ORGANIZATIONAL PURPOSES. THE ORGANIZATION HAS ALSO RETAINED ITS ORIGINAL ORGANIZATIONAL PURPOSES AND REMAINS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3). THE ADDITION OF THE NEW ORGANIZATIONAL PURPOSES WAS AUTHORIZED BY A MAJORITY OF THE BOARD OF DIRECTORS ON FEBRUARY 2, 2012, AND APPROVED BY THE STATE OF NEW YORK ON APRIL 16, 2012. THE AMENDMENT WAS ALSO RATIFIED BY ITS CURRENT BOARD OF DIRECTORS AS OF JANUARY 15, 2014, 2013. THE ORGANIZATIONS PURPOSES FOLLOWING THE AMENDMENT OF ITS CERTIFICATE OF INCORPORATION ARE AS FOLLOWS: THIRD: THE CORPORATION IS ORGANIZED FOR EXCLUSIVELY CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OR ANY FUTURE CORRESPONDING SECTION OF THE INTERNAL REVENUE CODE OF 1954, AS THE SAME MAY BE AMENDED FROM TIME TO TIME (THE CODE). THE PURPOSE OF THE CORPORATION IS TO PROVIDE ENHANCED UNDERSTANDING AND ACCESS TO HISTORICALLY AND CULTURALLY SIGNIFICANT VISUAL RECORDS (INCLUDING, BUT NOT LIMITED TO, PHOTOGRAPHS, DRAWINGS, ARTWORK, ETHNOGRAPHIC, DOCUMENTS, AND FILM) WHICH MAY DETERIORATE IF THEY ARE NOT RESTORED OR PRESERVED THROUGH DIGITAL TECHNOLOGY. THE VISUAL IMAGES WILL BE DISCOVERED, COMMISSIONED, PRESERVED, AND DISSEMINATED THROUGH A WEBSITE, EDUCATIONAL PROGRAMS, EXHIBITS, AND PUBLICATIONS. NOTHING HEREIN SHALL AUTHORIZE THE CORPORATION TO OPERATE OR MAINTAIN A NURSERY SCHOOL, ELEMENTARY SCHOOL, SECONDARY SCHOOL, OR AN INSTITUTION OF HIGHER LEARNING. THE CORPORATION MAY ENGAGE IN THE CONDUCT OF ANY LAWFUL ACTIVITY INCIDENTAL TO, CONNECTED WITH, OR IN ADVANCEMENT OF THE FOREGOING NOT-FOR-PROFIT AND EXEMPT PURPOSES. TO DEVELOP INFORMATION AND PROMOTE AWARENESS OF CULTURAL SURVIVAL AND CLIMATE CHANGE. TO CARRY OUT THESE PURPOSES, THE CORPORATION, INTER ALIA, WILL CREATE, COLLECT (BUT SUCH COLLECTION SHALL NOT BE OF ORIGINAL MATERIALS FOR OWNERSHIP BY THE CORPORATION), DISSEMINATE AND PROVIDE ACCESS TO HISTORICALLY AND CULTURALLY SIGNIFICANT VISUAL RECORDS OF ALL KINDS AND TO CREATE AND COMMISSION ARTICLES, BOOKS, REPORTS, AND STUDIES ON CLIMATE CHANGEITS CAUSES AND CONSEQUENCES, PROPOSED SOLUTIONS AND OBSTACLESAND THE DISSEMINATION OF SUCH WORKS THROUGH TRADITIONAL AND NEW MEDIA, INCLUDING PRINTED MATTER, BROADCASTING, INTERNET, MULTI-PLATFORM DEVICES AND OTHER MEDIA FORMS; AND TO ACT AS A FISCAL SPONSOR FOR OTHER ORGANIZATIONS WORKING TO ADVANCE SIMILAR CHARITABLE PURPOSES. NOTHING HEREIN SHALL AUTHORIZE THE CORPORATION TO OPERATE OR MAINTAIN A LIBRARY, MUSEUM, ARCHIVE OR HISTORICAL SOCIETY OR TO OWN OR HOLD COLLECTIONS EXCEPT THAT THE CORPORATION MAY OWN, HOLD, PRODUCE, REPRODUCE, SELL, DISPOSE OF, AND OTHERWISE MAKE AVAILABLE COPIES OF ORIGINAL MATERIALS IN PHOTOGRAPHIC, SCANNED, AND/OR COMPUTER-GENERATED FORMATS PROVIDED THE CORPORATION DOES NOT OWN THE ORIGINAL MATERIALS.EXCEPT AS AUTHORIZED BY TITLE VIII OR OTHER APPLICABLE STATUTE, NOTHING HEREIN SHALL AUTHORIZE THE CORPORATION TO ENGAGE IN THE PRACTICE OF ANY PROFESSION IN NEW YORK, ENGAGE IN THE TRAINING OF ANY PROFESSION IN NEW YORK OR TO USE A PROFESSIONAL TITLE OR TERM OF ANY PROFESSION IN NEW YORK IN VIOLATION OF TITLE VIII OF THE EDUCATION LAW.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Changes to governing documents Part V line 34
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

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
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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