Liabilities / Assets
82nd percentile
Higher debt load relative to assets than 82% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.16x
Liabilities / Revenue
78th percentile
Higher debt load relative to revenue than 78% of similar nonprofits.
Net Margin
23rd percentile
Higher net margin than 23% of similar nonprofits.
Top Officer Pay
82nd percentile
Higher top officer pay than 82% of similar nonprofits.
Top officer pay equals 5.3% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$65,928
No earlier filing loaded for comparison.
Net Assets
$55,680
No earlier filing loaded for comparison.
Liabilities
$10,248
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
$194,025
No earlier filing loaded for comparison.
Expenses
$221,165
No earlier filing loaded for comparison.
Net Income
-$27,140
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- May 9, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $194,025
Mission and Program Overview
Mission
a public charity to provide mentorship and entrepreneurship for underestimated American youth
The Lantern Network is a public charity.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| 1. To enhance the career development and skills of program participants by providing tailored coaching training and development opportunities that align with their professional goals. To equip participants with practical experiences in their desired field of work. 2. To provide program participants with practical and hands-on experiences in their desired field of work allowing them to apply their skills and knowledge in real-world settings. 3. To help program participants build and expand their professional networks providing access to mentors and peers in their desired field of work enhancing their career opportunities and growth. 4. To create a safe and inclusive space for black professionals to grow connect and thrive fostering a supportive community that promotes personal and professional growth. In 2022 TLN put 35 mentees through the program. | $0 | $78,694 |
| Streaming Story Program is a web series featuring successful Black Americans from a diverse range of professional backgrounds. The program inspires and motivates young individuals by showcasing real stories of how people overcame obstacles and achieved their personal goals. Through this program we ignite a connection between the experience of successful individuals and the aspirations of young people. In 2022 TLN published 15 videos. | $0 | $3,714 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Tracy Davis | Executive Director | FT | $10,305 | - | $10,305 |
Filing and Contact Details
Filer
- Filer Name
- Lantern Network
- EIN
- 85-2126429
- In Care Of
- % Erwin Raphael
- Address
- 9254 CARRISBROOK LN, BRENTWOOD, TN 37027-4883
Signing Officer
- Name
- Tracy L Davis
- Title
- Executive Director
- Signed
- 2023-05-09
- Discuss with paid preparer
- No
Supplemental Narrative
Additional Explanations
Part I, line 16
“| Other Expenses:, Amount:| In-Kind Services, $13896.00| Fundraising Expenses, $10745.00| Development, $3946.00| Marketing, $11812.00| Programing Expenses, $22641.00| Software Licensing, $7530.00| Administrative Expenses, $3604.00|”
Part II, line 24
“| Asset Name:, BOY Amount:, EOY Amount:| Organization's share of assets, $6000, $10000|”
Part II, line 26
“| Liabilities Name:, BOY Amount:, EOY Amount:| Accounts Payable, $94, $10248|”
Raw XML Appendix126 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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| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TN |
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| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 55928 |
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| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 65928 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 194025 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
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| IRS990EZ/LobbyingActivitiesInd | 0 | false |
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| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
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| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 6000 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 10000 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
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| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | The Lantern Network is a public charity. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 911 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | 1. To enhance the career development and skills of program participants by providing tailored coaching training and development opportunities that align with their professional goals. To equip participants with practical experiences in their desired field of work. 2. To provide program participants with practical and hands-on experiences in their desired field of work allowing them to apply their skills and knowledge in real-world settings. 3. To help program participants build and expand their professional networks providing access to mentors and peers in their desired field of work enhancing their career opportunities and growth. 4. To create a safe and inclusive space for black professionals to grow connect and thrive fostering a supportive community that promotes personal and professional growth. In 2022 TLN put 35 mentees through the program. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | Streaming Story Program is a web series featuring successful Black Americans from a diverse range of professional backgrounds. The program inspires and motivates young individuals by showcasing real stories of how people overcame obstacles and achieved their personal goals. Through this program we ignite a connection between the experience of successful individuals and the aspirations of young people. In 2022 TLN published 15 videos. |
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| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 78694 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 3714 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 143540 |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | TN |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 94 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 10248 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 221165 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 82408 |
| IRS990EZ/TotalRevenueAmt | 0 | 194025 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990ScheduleA/First5Years509Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 194025 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 78008 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 272033 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 272033 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 194025 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 78008 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 0 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 272033 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 194025 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 78008 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 0 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 272033 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | | Other Expenses:, Amount:| In-Kind Services, $13896.00| Fundraising Expenses, $10745.00| Development, $3946.00| Marketing, $11812.00| Programing Expenses, $22641.00| Software Licensing, $7530.00| Administrative Expenses, $3604.00| |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | | Asset Name:, BOY Amount:, EOY Amount:| Organization's share of assets, $6000, $10000| |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | | Liabilities Name:, BOY Amount:, EOY Amount:| Accounts Payable, $94, $10248| |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part I, line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Part II, line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Part II, line 26 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | false |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Tracy L Davis |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Executive Director |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-05-09 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | LANTERN NETWORK |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LANT |
| ReturnHeader/Filer/EIN | 0 | 852126429 |
| ReturnHeader/Filer/ForeignPhoneNum | 0 | 3343913886 |
| ReturnHeader/Filer/InCareOfNm | 0 | % Erwin Raphael |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 9254 CARRISBROOK LN |
| ReturnHeader/Filer/USAddress/CityNm | 0 | BRENTWOOD |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 370274883 |
| ReturnHeader/ReturnTs | 0 | 2023-05-09T15:08:58-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $65,928
- Liabilities
- $10,248
- Net assets
- $55,680
- Revenue
- $194,025
- Expenses
- $221,165
- Net income
- -$27,140
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2024Detailed filing. Detailed filing data is available for this year. | $1.26 | $0.00 | $1.26 | $3.55 | $3.06 | $0.48 |
| 2023Detailed filing. Detailed filing data is available for this year. | $0.90 | $0.08 | $0.82 | $2.64 | $2.37 | $0.27 |
| 2022Detailed filing. Detailed filing data is available for this year. | $0.66 | $0.10 | $0.56 | $1.94 | $2.21 | $0.27 |