DELAWARE RIVER & BAY LIGHTHOUSE FOUNDATION INC

EIN: 233023123 501(c)(3) Environment

LEWES, DE

Total Revenue
$14,020
Total Expenses
$47,219
Total Assets
$574,095
Net Assets
$574,095
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
DE
Principal Officer
RICK ZIEGLER
Phone
3026447046
Tax Period
2023-07-01 to 2024-06-30

DELAWARE RIVER & BAY LIGHTHOUSE FOUNDATION INC, founded in 1999, is a micro nonprofit in the Environment sector that reported $14K in total revenue in fiscal year 2023. Revenue fell 89% from the prior year — a significant decline worth monitoring. Expenses of $47K exceeded revenue, resulting in a 237% operating deficit.

Mission

ORGANIZED TO PROMOTE PRESERVATION AND RESTORATION OF THE LIGHTHOUSES LOCATED ON THE DELAWARE RIVER AND BAY AND TO EDUCATE THE PUBLIC ABOUT THEIR HISTORICAL AND CULTURAL IMPORTANCE.

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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 $5,952
Program Service Revenue $5,930
Investment Income $268
Other Revenue $1,870
TOTAL REVENUE $14,020

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $37,269
Other Expenses $47,219
TOTAL EXPENSES $47,219

Year-over-Year Comparison

2023 2022 Change
Revenue $14,020 $124,363 -0.9%
Expenses $47,219 $60,230 -0.2%
Net Income $-33,199 $64,133 -1.5%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
25

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
2
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICK CULLEN BOARD MEMBER 5.00
Director
$0 $0 $0
KAREN FISCHER BOARD MEMBER 5.00
Director
$0 $0 $0
GARY GLINKA BOARD MEMBER 5.00
Director
$0 $0 $0
JOHN GORDON BOARD MEMBER 10.00
Director
$0 $0 $0
RONALD PARKS BOARD MEMBER 5.00
Director
$0 $0 $0
JERRY PERRIN BOARD MEMBER 5.00
Director
$0 $0 $0
LOIS PODEDWORNY BOARD MEMBER 5.00
Director
$0 $0 $0
SUSAN SMITH BOARD MEMBER 5.00
Director
$0 $0 $0
KEN SOSNE BOARD MEMBER 10.00
Director
$0 $0 $0
LANE STONE BOARD MEMBER 5.00
Director
$0 $0 $0
WILLIAM MOULINIER SECRETARY/TR 15.00
Officer
$0 $0 $0
RICK ZIEGLER PRESIDENT 15.00
Officer
$0 $0 $0
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
2025 No data No data No data No data
2024 $14,020 $47,219 $574,095 $-33,199
2023 $124,363 $60,230 $607,294 $64,133
2022 $34,318 $59,224 $543,161 $-24,906
2021 $16,888 $50,235 $568,067 $-33,347
2020 $44,880 $53,650 $601,414 $-8,770
2019 $28,097 $59,234 $610,184 $-31,137
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