THE LIGHT HOUSE INC (EIN 431569525) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1985

Legal Domicile

Principal Officer

JUSTON GATES

Phone

8163612233

Tax Period

2024-01-01 to 2024-12-31

THE LIGHT HOUSE INC, founded in 1985, is a community nonprofit in the Health Care sector that reported $1.1M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Net assets of $2.7M represent 30 months of operating reserves.

Mission

TO PROVIDE FOR THE HEALTH AND WELL-BEING OF AT-RISK PREGNANT WOMEN AND THEIR UNBORN CHILDREN, IN A SAFE, LOVING, CHRISTIAN ENVIRONMENT.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $924,697

Program Service Revenue $30,943

Investment Income $130,039

Other Revenue $6,407

TOTAL REVENUE $1,092,086

Expense Breakdown

Grants Paid $8,629

Salaries & Benefits $707,109

Fundraising Expenses $168,577

Program Expenses $742,846

Other Expenses $402,445

TOTAL EXPENSES $1,118,183

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,092,086	$1,181,494	-0.1%
Expenses	$1,118,183	$923,399	+0.2%
Net Income	$-26,097	$258,095	-1.1%

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

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

$321,043

Total Directors

$321,043

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARA PEOPLES	CHAIR	2.00	Director	$0	$0	$0
JUSTON GATES	PRESIDENT	2.00	Officer Director	$0	$8,899	$78,477
DAVID PATTERSON	SECRETARY	2.00	Director	$0	$0	$0
SHEILA GATLIN	TRUSTEE	2.00	Director	$0	$0	$0
REV WELBY JONES	TRUSTEE	2.00	Director	$0	$0	$0
LINDA LOGUE	TRUSTEE	2.00	Director	$0	$0	$0
REV TRAVIS YEARGANS	TRUSTEE	2.00	Director	$0	$0	$0
RUSSELL MARTIN	PRESIDENT (OUTGOING)	2.00	Officer Director	$0	$21,287	$149,679
JULIE BALL	VICE PRESIDENT	40.00	Officer Director	$73,905	$18,982	$92,887

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	$1,092,086	$1,118,183	$2,853,162	$-26,097
2023	$1,181,494	$923,399	$2,861,416	$258,095
2022	$1,299,870	$910,067	$2,509,150	$389,803
2021	$999,173	$781,517	$2,175,168	$217,656
2020	$1,157,364	$764,406	$1,902,773	$392,958
2019	$1,006,895	$768,233	$1,427,720	$238,662
2018	$910,568	$747,815	$1,128,354	$162,753

THE LIGHT HOUSE INC