Lighthouse Ministries of Antioch TN, Inc. / Lighthouse Christian School
Fiscal Year
No current fiscal year information is available at this time.
Organizational Budgets and Other Documents
2020/2021 Financial Documents | 2021 |
2020 Fiscal Year Projected Budget | 2020 |
School Budget FY2017-2018 | 2018 |
School Budget FY2016-2017 | 2017 |
IRS Letter of Exemption
Lighthouse Ministries IRS Letter |
Detailed Financials
Revenue and Expenses
Fiscal Year | 2021 | 2020 | 2019 |
---|---|---|---|
Total Revenue | $3,795,826.00 | $4,392,456.00 | |
Total Expenses | $4,237,953.00 | $4,694,781.00 | |
Revenue Less Expenses | ($-0.00) | ($442,127.00) | ($302,325.00) |
Revenue Sources
Fiscal Year | 2021 | 2020 | 2019 |
---|---|---|---|
Foundation and Corporation Contributions | $0.00 | $0.00 | |
Government - Federal | $0.00 | $0.00 | |
Government - State | $0.00 | $0.00 | |
Government - Local | $0.00 | $0.00 | |
Government - Unspecified | $0.00 | $0.00 | |
Contributions, Gifts, and Grants | $401,059.00 | $404,079.00 | |
Indirect Public Support | $0.00 | $0.00 | |
Earned Revenue | $2,844,698.00 | $3,372,089.00 | |
Investment Income, Net of Losses | $0.00 | $0.00 | |
Membership Dues | $0.00 | $0.00 | |
Special Events | $99,587.00 | $76,221.00 | |
Revenue In-Kind | $0.00 | $0.00 | |
Other | $450,482.00 | $540,067.00 |
Expense Allocation
Fiscal Year | 2021 | 2020 | 2019 |
---|---|---|---|
Program Expense | $2,182,686.00 | $2,480,522.00 | |
Administration Expense | $2,004,742.00 | $2,195,373.00 | |
Fundraising Expense | $50,525.00 | $18,886.00 | |
Total Revenue/Total Expenses | 90% | 94% | |
Program Expense/Total Expenses | 52% | 53% | |
Fundraising Expense/Contributed Revenue | 1% | 0% |
Top Funding Sources
Fiscal Year | 2021 | 2020 | 2019 |
---|---|---|---|
Top Funding Source & Dollar Amount | $0.00 | Program Revenue $2,844,698.00 | Program Revenue $3,372,089.00 |
Second Highest Funding Source & Dollar Amount | $0.00 | Other Revenue $450,482.00 | Other Revenue $540,067.00 |
Third Highest Funding Source & Dollar Amount | $0.00 | Contributions, Gifts and Grants $401,059.00 | Contributions, Gifts and Grants $404,079.00 |
Assets and Liabilities
Fiscal Year | 2021 | 2020 | 2019 |
---|---|---|---|
Total Assets | $6,988,658.00 | $6,975,225.00 | |
Current Assets | $694,973.00 | $404,500.00 | |
Long-Term Liabilities | $4,001,693.00 | $2,359,224.00 | |
Current Liabilities | $586,541.00 | $650,202.00 | |
Total Net Assets | $3,523,712.00 | $3,965,799.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Exempt
Form 990s
No form 990s are available at this time
Audit Documents
LCS Financials | 2020 |
LCS Audit Report 2020 | 2020 |
LCS Audit Report 2019 | 2019 |
LCS Audit Report 2018 | 2018 |
LCS Audit Report 2017 | 2017 |
LCS Audit Report 2016 | 2016 |
LCS Audit Report 2015 | 2015 |
LCS Audit Report 2014 | 2014 |
LCS Audit Report 2013 | 2013 |
Audit | 2007 |
CEO/Executive Director/Board Comments
The largest financial challenge that Lighthouse faces is raising sufficient funds through tuition and other sources to support the demand of the socioeconomically diverse community of Antioch/Nashville for a quality, affordable private Christian education. We desire to provide this for any parents who want this type of education for their child and provide additional classroom space for this demand.We have worked extremely hard to keep our tuition affordable, and we strive to never turn a parent or child away because they are unable to afford all the tuition. We have utilized all available classroom space and desperately need additional space to meet the demand. |
Foundation Staff Comments
Financial figures taken from the Audited Financial Statements. This organization is exempt from filing a Form 990 and Charitable Solicitations Permit. Kathryn Bennett 4/7/2021 |