Civic Intelligence

Lightning Foundation Inc.

990 • Fiscal year 2012 • EIN 59-3542305

Jan 01, 2012 to Dec 31, 2012 • Filed on Nov 14, 2013

401 Channelside DriveSuite33602
Siviq Scores

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

Liabilities / Assets

70th percentile

0.36x

Higher debt load relative to assets than 70% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

1st percentile

-58%

Faster asset growth than 1% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$1,678,273

Down $2,343,019 (-58%) from 2011

Net Assets

Down

$1,072,047

Down $2,378,881 (-69%) from 2011

Liabilities

Up

$606,226

Up $35,862 (+6.3%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$2,917,584

Up $1,420,172 (+95%) from 2011

Net Income

-

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$0-$2.0MAssets 2010: $2,541,599Liabilities 2010: $305,889Net Assets 2010: $2,235,7102010Assets 2011: $4,021,292Liabilities 2011: $570,364Net Assets 2011: $3,450,9282011Assets 2012: $1,678,273Liabilities 2012: $606,226Net Assets 2012: $1,072,0472012Assets 2013: $733,937Liabilities 2013: $1,094,650Net Assets 2013: -$360,7132013Assets 2014: $686,523Liabilities 2014: $1,322,463Net Assets 2014: -$635,9402014Assets 2015: $2,645,610Liabilities 2015: $2,093,415Net Assets 2015: $552,1952015Assets 2016: $1,048,612Liabilities 2016: $912,506Net Assets 2016: $136,1062016Assets 2017: $3,503,613Liabilities 2017: $3,063,425Net Assets 2017: $440,1882017Assets 2018: $2,056,601Liabilities 2018: $2,033,456Net Assets 2018: $23,1452018Assets 2019: $4,042,108Liabilities 2019: $5,330,448Net Assets 2019: -$1,288,3402019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020Assets 2021: $1,743,482Liabilities 2021: $2,314,870Net Assets 2021: -$571,3882021Assets 2022: $3,863,407Liabilities 2022: $578,109Net Assets 2022: $3,285,2982022Assets 2023: $3,939,302Liabilities 2023: $277,753Net Assets 2023: $3,661,5492023Assets 2024: $4,379,203Liabilities 2024: $236,740Net Assets 2024: $4,142,4632024

Highlighted filing

2012

Assets$1,678,273
Liabilities$606,226
Net Assets$1,072,047

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $474,2132010Expenses 2011: $1,497,4122011Expenses 2012: $2,917,5842012Revenue 2013: $1,299,875Expenses 2013: $2,732,635Net Income 2013: -$1,432,7602013Revenue 2014: $1,309,548Expenses 2014: $1,584,775Net Income 2014: -$275,2272014Revenue 2015: $2,991,745Expenses 2015: $1,803,610Net Income 2015: $1,188,1352015Revenue 2016: $3,300,064Expenses 2016: $3,727,496Net Income 2016: -$427,4322016Revenue 2017: $3,557,850Expenses 2017: $3,253,768Net Income 2017: $304,0822017Revenue 2018: $5,505,586Expenses 2018: $5,922,629Net Income 2018: -$417,0432018Revenue 2019: $5,195,928Expenses 2019: $6,512,411Net Income 2019: -$1,316,4832019Revenue 2020: $0Expenses 2020: $0Net Income 2020: $02020Revenue 2021: $3,116,313Expenses 2021: $2,505,632Net Income 2021: $610,6812021Revenue 2022: $7,122,611Expenses 2022: $3,327,348Net Income 2022: $3,795,2632022Revenue 2023: $5,417,268Expenses 2023: $4,979,594Net Income 2023: $437,6742023Revenue 2024: $5,619,664Expenses 2024: $5,138,750Net Income 2024: $480,9142024

Highlighted filing

2012

Revenue-
Expenses$2,917,584
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Nov 14, 2013
Return Version
2012v2.1
Gross Receipts
$649,270
Mission and Program Overview

Mission

The lightning foundation is dedicated to investing its resources and leadership for the enrichment of the people of tampa bay, focusing on meeting basic human needs and enhancing lives.

Major Activities

Activity 2
Lightning Community Heroes - Lightning owner Jeff Vinik, along with his wife Penny, launched the Community Heroes initiative at the beginning of the 2011-2012 season to distribute $10 million dollars to deserving grass roots community heroes throughout the Tampa Bay community over the next five years. During the 2011-2012 and 2012-2013 seasons, the Lightning honored a Community Hero at each of the Lighting's 41 regular season games, and awarded a $50,000 check to a non-profit charity of his or her choice. Over the course of the 2011-2012 and 2012-2013 seasons, a total of $2,050,000 was distributed to worthy community causes.
Activity 3
Hockey Camps - Lightning Made Hockey is designed to give hockey players or all ages and skill levels the opportunity to experience, learn, and enjoy the game of hockey through a series of camps and clinics held year round. While all Lightning Made Programs utilize USA Hockey's American Development Model to focus on basic skill development, each program exudes its own unique experience while enhancing various aspects of a player's game. Lightning Made Clinics are focused on the entry level hockey player, with an emphasis on the absolute fundamentals. The Lightning Made Alumni Series is directed at the beginner to intermediate hockey player who is looking for help on certain aspects of his or her game including defensive skills, offensive and stick handling skills, and goaltending. The Lightning Made Summer and Holiday Camps target hockey players of all skill levels who are looking to round out their overall game. The Lightning Made Training Camp is an elite level program targeted at the higher caliber player as the hockey season approaches, and gets them back in game shape. All programs utilize the best instructors you could possibly find, individuals that have been around and know the game of hockey; former NHL and college level players.
Filing and Contact Details

Filer

EIN
59-3542305
Raw XML AppendixShowing 400 of 1,149 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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IRS990/MissionDescription0THE LIGHTNING FOUNDATION IS DEDICATED TO INVESTING ITS RESOURCES AND LEADERSHIP FOR THE ENRICHMENT OF THE PEOPLE OF TAMPA BAY, FOCUSING ON MEETING BASIC HUMAN NEEDS AND ENHANCING LIVES.
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IRS990ScheduleA/Total509/CurrentTaxYear0643003
IRS990ScheduleA/Total509/CurrentTaxYearMinus1Year02828710
IRS990ScheduleA/Total509/CurrentTaxYearMinus2Years02745948
IRS990ScheduleA/Total509/CurrentTaxYearMinus3Years0997993
IRS990ScheduleA/Total509/CurrentTaxYearMinus4Years01167037
IRS990ScheduleA/Total509/Total08382691
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYear01134700
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus1Year03220015
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus2Years02957177
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus3Years01737503
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus4Years01327440
IRS990ScheduleA/TotalSupportTotal/Total010376835
IRS990ScheduleA/ValueOfSvcsFcltsFurnishdByGovt/Total00
IRS990ScheduleB/ContributorInfo/AggregateContributions0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNumber0RESTRICTED
IRS990/ScheduleBRequired0true
IRS990ScheduleD/FederalIncomeTaxLiability00
IRS990ScheduleD/OtherAssets/BookValue0630146
IRS990ScheduleD/OtherAssets/Description0DUE FROM LIGHTNING HOCKEY
IRS990ScheduleD/OtherLiabilities/Amount0227130
IRS990ScheduleD/OtherLiabilities/Amount1100000
IRS990ScheduleD/OtherLiabilities/Description0DUE TO CENTER ICE LLC
IRS990ScheduleD/OtherLiabilities/Description1DUE TO TBSE ENTERPRISES
IRS990ScheduleD/TotalBookValueOtherAssets0630146
IRS990ScheduleD/TotalOfAmounts0327130
IRS990ScheduleG/AddressOfGamingRecKeeperUS/AddressLine10401 Channelside Drive
IRS990ScheduleG/AddressOfGamingRecKeeperUS/City0Tampa
IRS990ScheduleG/AddressOfGamingRecKeeperUS/State0FL
IRS990ScheduleG/AddressOfGamingRecKeeperUS/ZIPCode033602
IRS990ScheduleG/CharitableDistribRequired0false
IRS990ScheduleG/ContractWith3rdPartyForGamRev0false
IRS990ScheduleG/EventsInformation/CharitableContributionsEvent1069532
IRS990ScheduleG/EventsInformation/CharitableContributionsTotal069532
IRS990ScheduleG/EventsInformation/DirectExpenseSummaryEvents0106263
IRS990ScheduleG/EventsInformation/GrossReceiptsEvent10294734
IRS990ScheduleG/EventsInformation/GrossReceiptsEvent20117000
IRS990ScheduleG/EventsInformation/GrossReceiptsOtherEvents048006
IRS990ScheduleG/EventsInformation/GrossReceiptsTotal0459740
IRS990ScheduleG/EventsInformation/GrossRevenueEvent10225202
IRS990ScheduleG/EventsInformation/GrossRevenueEvent20117000

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.38$0.24$4.14$5.62$5.14$0.48
2023Detailed filing. Detailed filing data is available for this year.$3.94$0.28$3.66$5.42$4.98$0.44
2022Detailed filing. Detailed filing data is available for this year.$3.86$0.58$3.29$7.12$3.33$3.80
2021Detailed filing. Detailed filing data is available for this year.$1.74$2.31$0.57$3.12$2.51$0.61
2020Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2019Detailed filing. Detailed filing data is available for this year.$4.04$5.33$1.29$5.20$6.51$1.32
2018Detailed filing. Detailed filing data is available for this year.$2.06$2.03$0.02$5.51$5.92$0.42
2017Detailed filing. Detailed filing data is available for this year.$3.50$3.06$0.44$3.56$3.25$0.30
2016Detailed filing. Detailed filing data is available for this year.$1.05$0.91$0.14$3.30$3.73$0.43
2015Detailed filing. Detailed filing data is available for this year.$2.65$2.09$0.55$2.99$1.80$1.19
2014Detailed filing. Detailed filing data is available for this year.$0.69$1.32$0.64$1.31$1.58$0.28
2013Detailed filing. Detailed filing data is available for this year.$0.73$1.09$0.36$1.30$2.73$1.43
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.68$0.61$1.07$2.92
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.02$0.57$3.45$1.50
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.54$0.31$2.24$0.47