LIGHTRIDER INC (EIN 351401160) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1987

Legal Domicile

Phone

7655173206

Tax Period

2023-01-01 to 2023-12-31

LIGHTRIDER INC, founded in 1987, is a small nonprofit that reported $102K in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Expenses of $98K left a modest 4% surplus.

Mission

Lightrider proclaims the message of Jesus Christ encourages individual faith in Christ and works to strengthen Christian relationships through fellowship via Red Barn and Gray Barn Ministries.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $97,887

Program Service Revenue $0

Investment Income $193

Other Revenue $4,283

TOTAL REVENUE $102,363

Expense Breakdown

Grants Paid $0

Salaries & Benefits $60,097

Fundraising Expenses $10,542

Program Expenses $71,630

Other Expenses $38,338

TOTAL EXPENSES $98,435

Year-over-Year Comparison

	2023	2022	Change
Revenue	$102,363	$111,822	-0.1%
Expenses	$98,435	$124,793	-0.2%
Net Income	$3,928	$-12,971	-1.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$38,050

Total Directors

$38,050

Key Employees

$75,550

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Dr Mark Cosgrove	Director	0.50	Director	$0	$0	$0
Dr Robert Jackson	Director	0.50	Director	$0	$0	$0
Dr Jay Kesler	Director	0.50	Director	$0	$0	$0
Larry Lemke	Director	0.50	Director	$0	$0	$0
Michael Manganello	Executive Director	30.00	Officer Director Key Emp Highest	$38,050	$0	$38,050
Stephen Manganello	Director	0.50	Director	$0	$0	$0
Troy Shockey	Red Barn Director	0.00	Key Emp	$0	$0	$37,500
Ken Strickland	Director	0.50	Director	$0	$0	$0
Sherri Strickland	Director	0.50	Director	$0	$0	$0
Eric Turner	Director	0.50	Director	$0	$0	$0
Robert Walker	Director	0.50	Director	$0	$0	$0
Robert Wright	Treasurer	5.00	Officer Director	$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
2024	No data	No data	No data	No data
2023	$102,363	$98,435	$89,591	$3,928
2022	$111,822	$124,793	$85,731	$-12,971
2021	$146,805	$119,669	$98,713	$27,136
2020	$137,309	$144,142	$71,873	$-6,833

LIGHTRIDER INC