THE LANTERN MINISTRIES

EIN: 452906733 501(c)(3) Food, Agriculture & Nutrition

SIBLEY, IA

Total Revenue
$133,566
Total Expenses
$143,465
Total Assets
$112,589
Net Assets
$27,444
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
IA
Principal Officer
BRENDA HOYER
Phone
7124610635
Tax Period
2024-01-01 to 2024-12-31

THE LANTERN MINISTRIES, founded in 2017, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $134K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year.

Mission

COMMUNITY OUTREACH

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $31,373
Program Service Revenue $0
Investment Income $0
Other Revenue $102,193
TOTAL REVENUE $133,566

Expense Breakdown

Grants Paid $0
Salaries & Benefits $100,752
Fundraising Expenses $0
Program Expenses $143,465
Other Expenses $42,713
TOTAL EXPENSES $143,465

Year-over-Year Comparison

2024 2023 Change
Revenue $133,566 $142,159 -0.1%
Expenses $143,465 $161,772 -0.1%
Net Income $-9,899 $-19,613 -0.5%
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

Sign In

Governance

Voting Members
4
Independent Members
4
Employees
16
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
2
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRENDA HOYER CHAIRPERSON N/A
Officer Director
$0 $0 $0
EUGENE HOYER DIRECTOR N/A
Director
$0 $0 $0
CURTIS VAN KLEY DIRECTOR N/A
Director
$0 $0 $0
PEGGY VAN KLEY SECRETARY / N/A
Officer Director
$0 $0 $0
TERESA WYATT DIRECTOR N/A
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 $133,566 $143,465 $112,589 $-9,899
2023 $142,159 $161,772 $122,342 $-19,613
2022 $139,737 $146,576 $147,701 $-6,839
2021 $200,061 $135,464 $148,044 $64,597
Explore More Nonprofits
→Top 100 Nonprofits in Iowa →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare THE LANTERN MINISTRIES with other nonprofits in Iowa and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.