LIGHTHOUSE RECOVERY SERVICES INC

EIN: 020570995 501(c)(3) Human Services

OWENSBORO, KY

Total Revenue
$197,001
Total Expenses
$228,210
Total Assets
$317,486
Net Assets
$276,774
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
KY
Principal Officer
Anthony Jones
Phone
2709298703
Tax Period
2023-01-01 to 2023-12-31

LIGHTHOUSE RECOVERY SERVICES INC, founded in 2002, is a small nonprofit in the Human Services sector that reported $197K in total revenue in fiscal year 2023. Expenses of $228K exceeded revenue, resulting in a 16% operating deficit.

Mission

LIGHTHOUSE RECOVERY SERVICES PROVIDES MENTORING, EDUCATION AND MONITORING OF RECOVERING INDIVIDUALS OF SUBSTANCE ABUSE TO RESTORE PRODUCTIVE LIVES, BREAKING THE CYCLE OF AND REDUCING ADDICTION RELATED CRIMES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $15,531
Program Service Revenue $179,091
Investment Income $0
Other Revenue $2,379
TOTAL REVENUE $197,001

Expense Breakdown

Grants Paid $0
Salaries & Benefits $110,831
Fundraising Expenses $0
Program Expenses $0
Other Expenses $117,379
TOTAL EXPENSES $228,210

Year-over-Year Comparison

2023 2022 Change
Revenue $197,001 N/A N/A
Expenses $228,210 N/A N/A
Net Income $-31,209 $0 N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
10
Independent Members
10
Employees
4
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
10
$0
Key Employees
4
$91,925
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BARRY JOHNSTON CHAIRMAN 1.00
Officer Director
$0 $0 $0
J D MEYER BOARD MEMBER 1.00
Director
$0 $0 $0
SCOTT WEDDING SECRETARY 1.00
Officer Director
$0 $0 $0
ANTHONY JONES TREASURER 1.00
Officer Director
$0 $0 $0
KEITH WELLS BOARD MEMBER 1.00
Director
$0 $0 $0
KATHY PICKERELL BOARD MEMBER 1.00
Director
$0 $0 $0
DENNIS CARPENTER BOARD MEMBER 1.00
Director
$0 $0 $0
KATINA HAYDEN BOARD MEMBER 1.00
Director
$0 $0 $0
DANIELLE MEDLEY BOARD MEMBER 1.00
Director
$0 $0 $0
FRANK HAYDEN BOARD MEMBER 1.00
Director
$0 $0 $0
DERRICK ARTHUR DIRECTOR 40.00
Key Emp
$25,500 $0 $25,500
SHAWNA MOORE DIRECTOR 40.00
Key Emp Highest
$34,113 $0 $34,113
JASMINE BOGUSIEWICZ CASE WORKER 40.00
Key Emp
$7,260 $0 $7,260
DAVID BOOK CASE WORKER 40.00
Key Emp
$25,052 $0 $25,052
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 $197,001 $228,210 $317,486 $-31,209
2022 $213,726 $215,391 $324,893 $-1,665
2021 $293,644 $219,900 $353,951 $73,744
2020 $230,855 No data $395,745 No data
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