LIGHTHOUSE ACADEMIES OF CENTRAL AR

EIN: 461471087 501(c)(3)

North Little Rock, AR

Total Revenue
$2,504,229
Total Expenses
$2,135,953
Total Assets
$492,016
Net Assets
$485,989
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
AR
Tax Period
2019-07-01 to 2020-06-30

LIGHTHOUSE ACADEMIES OF CENTRAL AR, founded in 2011, is a community nonprofit that reported $2.1M in total revenue in fiscal year 2017.

Mission

FOR STUDENTS TO BE TAUGHT BY HIGHLY EFFECTIVE TEACHERS IN A NUTURING ENVIRONMENT AND ACHEIVE AT HIGH LEVELS. EACH STUDENT WILL DEVELOP KNOWLEDGE, SKILLS AND VALUES NECESSARY FOR RESPONSIBLE CITIZENSHIP AND LIFE LONG LEARNING

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Trantor Score

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

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $2,504,229
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,504,229

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,320,872
Fundraising Expenses $0
Program Expenses $1,853,658
Other Expenses $815,081
TOTAL EXPENSES $2,135,953

Year-over-Year Comparison

2019 2018 Change
Revenue $2,504,229 $2,478,280 +0.0%
Expenses $2,135,953 $2,453,397 -0.1%
Net Income $368,276 $24,883 +13.8%
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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Governance

Voting Members
5
Independent Members
5
Employees
70
Volunteers
30

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
5
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TENESHA BROWN BOARD MEMBER 2.00
Officer Director
$0 $0 $0
LASHAWNDA NOEL BOARD MEMBER 2.00
Officer Director
$0 $0 $0
TRACEY SHINE BOARD MEMBER 2.00
Officer Director
$0 $0 $0
DANIELLE WOODS BOARD MEMBER 2.00
Officer Director
$0 $0 $0
KYLA BARKINS BOARD MEMBER 2.00
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
2020 $2,504,229 $2,135,953 $492,016 $368,276
2019 $2,478,280 $2,453,397 $188,510 $24,883
2018 $2,127,613 $2,301,656 $119,480 $-174,043
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