Civic Intelligence

Lighthouse Transitional Care Inc.

990EZ • Fiscal year 2023 • EIN 82-2684891

Jan 01, 2023 to Dec 31, 2023 • Filed on Sep 20, 2024

100 E Corsicana Suite 101Athens, TX 75751

(877) 678-7323

Siviq Scores

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

Liabilities / Assets

78th percentile

0.08x

Higher debt load relative to assets than 78% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

67th percentile

0.01x

Higher debt load relative to revenue than 67% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

21st percentile

-18%

Higher net margin than 21% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

86th percentile

$24,000

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 19.2% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

9th percentile

-56%

Faster asset growth than 9% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

33rd percentile

-9.8%

Faster revenue growth than 33% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$17,021

Down $21,281 (-56%) from 2022

Net Assets

Down

$15,744

Down $22,558 (-59%) from 2022

Liabilities

$1,277

No earlier filing loaded for comparison.

Revenue

Down

$124,865

Down $13,596 (-9.8%) from 2022

Expenses

Up

$147,423

Up $20,542 (+16%) from 2022

Net Income

Down

-$22,558

Down $34,138 (-295%) from 2022

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2020: $22,678Liabilities 2020: $0Net Assets 2020: $22,6782020Assets 2021: $20,244Liabilities 2021: $0Net Assets 2021: $32,8272021Assets 2022: $38,302Net Assets 2022: $38,3022022Assets 2023: $17,021Liabilities 2023: $1,277Net Assets 2023: $15,7442023Assets 2024: $54,882Liabilities 2024: $3,090Net Assets 2024: $51,7922024

Highlighted filing

2023

Assets$17,021
Liabilities$1,277
Net Assets$15,744

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2020: $77,088Expenses 2020: $62,843Net Income 2020: $14,2452020Revenue 2021: $91,149Expenses 2021: $70,452Net Income 2021: $20,6972021Revenue 2022: $138,461Expenses 2022: $126,881Net Income 2022: $11,5802022Revenue 2023: $124,865Expenses 2023: $147,423Net Income 2023: -$22,5582023Revenue 2024: $158,083Expenses 2024: $122,035Net Income 2024: $36,0482024

Highlighted filing

2023

Revenue$124,865
Expenses$147,423
Net Income-$22,558
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 20, 2024
Return Version
2023v5.1
Gross Receipts
$124,865
Mission and Program Overview

Mission

Our mission is to equip and empower former foster youth to thrive in adulthood so that we can see a world without cycles of family separation and generational trauma, where former foster youth can know they are deeply loved by God, heal from their wounds, and thrive in adulthood.

To provide practical empowerment and spiritual enrichment through transitional care for orphans aging out of the state-childcare system in Latvia. Teaching life-skills, building relationships and evangelizing the Gospel.

Program Services

DescriptionGrantsExpenses
The business activity for Lighthouse Transitional Care is to provide practical empowerment and spiritual enrichment through transitional care for orphans aging out of the state-childcare system in Latvia. Teaching life-skills, building relationships and evangelizing the Gospel.-$139,932
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Amanda BanisterPresidentFT$24,000-$24,000
Caroline NewtonDirectorFT$22,368-$22,368
Aaron NewtonDirectorFT$22,368-$22,368
Amanda MorrenSecretaryPT$0--
Justina JamesTreasurerPT$0--
Laurel BrummelDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Lighthouse Transitional Care Inc
EIN
82-2684891
Phone
8776787323
Address
100 E Corsicana Suite 101, Athens, TX 75751

Signing Officer

Name
Amanda Banister
Title
President
Signed
2024-09-20
Discuss with paid preparer
Yes

Preparer

Firm
Straight Streets Advisory Services LLC
Address
19500 Hwy 249 N, Houston, TX 77070
Preparer
Lee Ann Kroon
Phone
7135165702
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $129

Other Expenses.1002

Office Expenses $1030

Other Expenses.1003

Information Technology $4832

Other Expenses.1005

Travel $366

Other Expenses.1

Project Funding Support $15801

Other Expenses.2

Food & Beverage $6908

Other Expenses.3

Bank Fees $2898

Other Expenses.4

Scholarships $2648

Other Expenses.5

Donations $1829

Other Expenses.6

Training & Development $776

Other Expenses.7

Dues & Subscriptions $562

Other Expenses.8

Other Supplies $423

Other Expenses.9

Penalties $113

Other Expenses.10

Recognitions & Gifts $102

Other Expenses.12

Entertainment $5

Other Assets.1005

Accounts Receivable - Beginning $6178 Accounts Receivable - Ending $6966

Other Assets.1011

Prepaid Expenses and Deferred Charges - Beginning $1341 Prepaid Expenses and Deferred Charges - Ending $0

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $1277

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $129
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $1030
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Information Technology $4832
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ReturnHeader/BuildTS02024-08-08 14:25:15Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0Amanda Banister
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-09-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Lighthouse Transitional Care Inc
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ReturnHeader/Filer/EIN0822684891
ReturnHeader/Filer/PhoneNum08776787323
ReturnHeader/Filer/USAddress/AddressLine1Txt0100 E Corsicana Suite 101
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ReturnHeader/PreparerPersonGrp/PhoneNum07135165702
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Lee Ann Kroon
ReturnHeader/ReturnTs02024-09-20T08:23:43-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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