Civic Intelligence

Lighthouse Ministries Florence Sc

990 • Fiscal year 2018 • EIN 57-1053570

Jan 01, 2018 to Dec 31, 2018 • Filed on May 13, 2019

PO Box 6801Florence, SC 29502

(843) 629-0830

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.71x

Higher debt load relative to assets than 92% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

94th percentile

0.77x

Higher debt load relative to revenue than 94% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

58th percentile

7.3%

Higher net margin than 58% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

94th percentile

$60,000

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 14.4% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

97th percentile

332%

Faster asset growth than 97% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

44th percentile

-2.2%

Faster revenue growth than 44% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$448,828

Up $344,883 (+332%) from 2017

Net Assets

Up

$128,891

Up $30,273 (+31%) from 2017

Liabilities

Up

$319,937

Up $314,610 (+5906%) from 2017

Revenue

Down

$416,020

Down $9,259 (-2.2%) from 2017

Expenses

Down

$385,747

Down $66,289 (-15%) from 2017

Net Income

Up

$30,273

Up $57,030 (+213%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $232,212Liabilities 2010: $3,691Net Assets 2010: $228,5212010Assets 2011: $106,434Liabilities 2011: $3,301Net Assets 2011: $103,1332011Assets 2012: $157,983Liabilities 2012: $3,421Net Assets 2012: $154,5622012Assets 2013: $138,076Liabilities 2013: $3,098Net Assets 2013: $134,9782013Assets 2014: $144,941Liabilities 2014: $2,896Net Assets 2014: $142,0452014Assets 2015: $155,425Liabilities 2015: $3,160Net Assets 2015: $152,2652015Assets 2016: $105,896Liabilities 2016: $4,014Net Assets 2016: $101,8822016Assets 2017: $103,945Liabilities 2017: $5,327Net Assets 2017: $98,6182017Assets 2018: $448,828Liabilities 2018: $319,937Net Assets 2018: $128,8912018Assets 2019: $436,723Liabilities 2019: $273,506Net Assets 2019: $163,2172019Assets 2020: $653,074Liabilities 2020: $3,740Net Assets 2020: $649,3342020Assets 2021: $792,190Liabilities 2021: $4,230Net Assets 2021: $787,9602021Assets 2022: $823,944Liabilities 2022: $7,406Net Assets 2022: $816,5382022Assets 2023: $743,355Liabilities 2023: $2,619Net Assets 2023: $740,7362023Assets 2024: $778,781Liabilities 2024: $3,246Net Assets 2024: $775,5352024

Highlighted filing

2018

Assets$448,828
Liabilities$319,937
Net Assets$128,891

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $553,7042010Expenses 2011: $594,5942011Expenses 2012: $406,6962012Revenue 2013: $299,274Expenses 2013: $327,433Net Income 2013: -$28,1592013Revenue 2014: $339,060Expenses 2014: $316,742Net Income 2014: $22,3182014Revenue 2015: $350,795Expenses 2015: $363,404Net Income 2015: -$12,6092015Revenue 2016: $371,175Expenses 2016: $421,558Net Income 2016: -$50,3832016Revenue 2017: $425,279Expenses 2017: $452,036Net Income 2017: -$26,7572017Revenue 2018: $416,020Expenses 2018: $385,747Net Income 2018: $30,2732018Revenue 2019: $508,266Expenses 2019: $470,207Net Income 2019: $38,0592019Revenue 2020: $1,080,688Expenses 2020: $590,344Net Income 2020: $490,3442020Revenue 2021: $793,450Expenses 2021: $656,191Net Income 2021: $137,2592021Revenue 2022: $682,682Expenses 2022: $654,104Net Income 2022: $28,5782022Revenue 2023: $668,644Expenses 2023: $757,929Net Income 2023: -$89,2852023Revenue 2024: $807,391Expenses 2024: $772,592Net Income 2024: $34,7992024

Highlighted filing

2018

Revenue$416,020
Expenses$385,747
Net Income$30,273
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 13, 2019
Return Version
2018v3.1
Gross Receipts
$433,578
Mission and Program Overview

Mission

The organization provides financial assistance to families and individuals with limited resources. It helps with mortgages, rent, utilities, and food.

The organization provides financial assistance to families and individuals with limited resources. It helps with mortgages, rent, utilities, prescriptions, travelers aid, food.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$9,395$352,496▲ $343,101
Cash and Non-Interest-Bearing Accounts$51,928$58,781▲ $6,853
Savings and Temporary Cash Investments$42,622$37,551▼ $5,071
Total Assets$103,945$448,828▲ $344,883
Liabilities
Mortgage Notes Payable Secured by Investment Property-$316,468-
Other Liabilities$5,327$3,469▼ $1,858
Total Liabilities$5,327$319,937▲ $314,610
Net Assets / Fund Balance
Unrestricted Net Assets$77,479$84,122▲ $6,643
Temporarily Rstr Net Assets$21,139$44,769▲ $23,630
Total Net Assets Fund Balance$98,618$128,891▲ $30,273
Total Liabilities and Net Assets / Fund Balance$103,945$448,828▲ $344,883

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$322,390$6,322$328,712
Equipment$5,106$83,207$88,313
Land$25,000-$25,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
cecilia meggsExecutive DirectorFT$60,000$60,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$362,177
Program Service Revenue
$0
Investment Income
$2,930
Other Revenue
$50,913
All Other Contributions
$167,756
Change in Net Assets
$30,273
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$245,660
Salaries, Compensation, and Employee Benefits$140,087
Total Fundraising Expense$19,470
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$94,838$17,774$14,389$127,001
Office Expenses$12,663$2,000$1,528$16,191
Payroll Taxes$9,196$2,099$1,791$13,086
Interest-$12,468-$12,468
All Other Expenses$5,865$944$1,091$7,900
Fees for Services Other$2,805$4,568-$7,373
Occupancy$4,695$217$147$5,059
Other Expenses$1,624$50$30$1,704
Advertising$297$100$99$496
Travel$174$87$87$348
Information Technology$72--$72
Total Functional Expenses$324,774$41,503$19,470$385,747
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$58,651
Fundraising Direct Expenses$9,058
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
bbq----
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Unremitted Payroll Withholdings$3,469
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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 governing body review Part VI line 11

The ed and bookkeeper review the return with the cpa and they in turn review the return with the officer/director signing the tax return. The return will then be made available at the next board meeting.

Conflict of interest policy compliance Part VI line 12C

ED reviewed and received signatures stating no conflict of interest.

CEO executive director top management comp Part VI line 15A

Board of directors selects three board members to research and determine the executive directors salary and then they reccomend that to the full board for approval. All other salaries are recommended by the director to the full board for annual approval.

Governing documents etc available to public Part VI line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Lighthouse Ministries
EIN
57-1053570
Address
PO BOX 6801, Florence, SC 29502

Signing Officer

Name
cecilia meggs
Title
Executive Direc
Phone
8436290830
Signed
2019-05-13
Discuss with paid preparer
No

Organization Details

Formed
1996
Legal Domicile
Sc
Voting Board Members
12
Independent Board Members
12
Employees
6
Volunteers
40

Preparer

Firm
HOLT & HOLT CPAs
Address
1520 AMERICAN DR STE C, Florence, SC 29505
Preparer
Catherine Holt
Phone
8436298760
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

Increase in temporarily restricted net assets

General explanation attachment

Pt vi-b, line 11a the return has been made available prior to filing the return.

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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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IRS990/OtherExpensesGrp/ProgramServicesAmt0190195
IRS990/OtherExpensesGrp/ProgramServicesAmt11787
IRS990/OtherExpensesGrp/ProgramServicesAmt2563
IRS990/OtherExpensesGrp/ProgramServicesAmt31624
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IRS990/OtherExpensesGrp/TotalAmt2773
IRS990/OtherExpensesGrp/TotalAmt31704
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IRS990/OtherRevenueMiscGrp/BusinessCd0900099
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IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0900
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IRS990/PayrollTaxesGrp/FundraisingAmt01791
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02099
IRS990/PayrollTaxesGrp/ProgramServicesAmt09196
IRS990/PayrollTaxesGrp/TotalAmt013086
IRS990/PoliticalCampaignActyInd0false
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0PROGRAM THROUGH CHILDRENS TRUST FUND OF SOUTH CAROLINA THAT DEALS WITH STRENGTHENING FAMILIES.
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt074253
IRS990/ProgSrvcAccomActy3Grp/Desc0PROGRAM to build ramps for individuals in need to enter and exit from their home safely.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt010555
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt05854
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IRS990/PYContributionsGrantsAmt0389206
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0974
IRS990/PYOtherExpensesAmt0317475
IRS990/PYOtherRevenueAmt035099
IRS990/PYRevenuesLessExpensesAmt0-26757
IRS990/PYSalariesCompEmpBnftPaidAmt0134561
IRS990/PYTotalExpensesAmt0452036
IRS990/PYTotalRevenueAmt0425279
IRS990/ReconcilationRevenueExpnssAmt030273
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt042622
IRS990/SavingsAndTempCashInvstGrp/EOYAmt037551
IRS990ScheduleA/ChurchInd0X
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/BookValueAmt0322390
IRS990ScheduleD/BuildingsGrp/DepreciationAmt06322
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0328712
IRS990ScheduleD/EquipmentGrp/BookValueAmt05106
IRS990ScheduleD/EquipmentGrp/DepreciationAmt083207
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt088313
IRS990ScheduleD/LandGrp/BookValueAmt025000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt025000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03469
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0UNREMITTED PAYROLL WITHHOLDINGS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0352496
IRS990ScheduleD/TotalLiabilityAmt03469
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0bbq
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ED AND BOOKKEEPER REVIEW THE RETURN WITH THE CPA AND THEY IN TURN REVIEW THE RETURN WITH THE OFFICER/DIRECTOR SIGNING THE TAX RETURN. THE RETURN WILL THEN BE MADE AVAILABLE AT THE NEXT BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ED reviewed and received signatures stating no conflict of interest.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD OF DIRECTORS SELECTS THREE BOARD MEMBERS TO RESEARCH AND DETERMINE THE EXECUTIVE DIRECTORS SALARY AND THEN THEY RECCOMEND THAT TO THE FULL BOARD FOR APPROVAL. ALL OTHER SALARIES ARE RECOMMENDED BY THE DIRECTOR TO THE FULL BOARD FOR ANNUAL APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4INCREASE IN TEMPORARILY RESTRICTED NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PT VI-B, LINE 11A THE RETURN HAS BEEN MADE AVAILABLE PRIOR TO FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Explanation of other changes in net assets or fund balances Part XI line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5General explanation attachment
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0SC
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
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IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt044769
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt0448828
IRS990/TotalAssetsGrp/BOYAmt0103945
IRS990/TotalAssetsGrp/EOYAmt0448828
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IRS990/TotalEmployeeCnt06
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt041503
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0324774
IRS990/TotalFunctionalExpensesGrp/TotalAmt0385747
IRS990/TotalGrossUBIAmt0900
IRS990/TotalLiabilitiesBOYAmt05327
IRS990/TotalLiabilitiesEOYAmt0319937
IRS990/TotalLiabilitiesGrp/BOYAmt05327
IRS990/TotalLiabilitiesGrp/EOYAmt0319937
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt098618
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0128891
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0324774
IRS990/TotalReportableCompFromOrgAmt060000
IRS990/TotalRevenueGrp/ExclusionAmt052943
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0416020
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0900
IRS990/TotalVolunteersCnt040
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0103945
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0448828
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt087
IRS990/TravelGrp/ManagementAndGeneralAmt087
IRS990/TravelGrp/ProgramServicesAmt0174
IRS990/TravelGrp/TotalAmt0348
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt077479
IRS990/UnrestrictedNetAssetsGrp/EOYAmt084122
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0lighthouseflorence.org

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.78$0.00$0.78$0.81$0.77$0.03
2023Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.74$0.67$0.76$0.09
2022Detailed filing. Detailed filing data is available for this year.$0.82$0.01$0.82$0.68$0.65$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.79$0.00$0.79$0.79$0.66$0.14
2020Detailed filing. Detailed filing data is available for this year.$0.65$0.00$0.65$1.08$0.59$0.49
2019Detailed filing. Detailed filing data is available for this year.$0.44$0.27$0.16$0.51$0.47$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.45$0.32$0.13$0.42$0.39$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.10$0.01$0.10$0.43$0.45$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.10$0.37$0.42$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.15$0.35$0.36$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.14$0.00$0.14$0.34$0.32$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.14$0.00$0.13$0.30$0.33$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.00$0.15$0.41
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.00$0.10$0.59
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.23$0.00$0.23$0.55