Colorado Springs, CO
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LIGHTSYS TECHNOLOGY SERVICES INC, founded in 1999, is a small nonprofit in the Religion sector that reported $289K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year.
LightSys exists for the worship of God; for assisting in the fulfillment of Jesus Christ's great commission; and for the discipleship, mobilization, and encouragement of believers in Jesus. These purposes include, without limitation, the provision of IT consulting, IT training, software services, and missions mobilization, to missionaries and non-profit Christian missions organizations.
Program: Software Research and Development for Missions. During 2024, we continued work on the Kardia missionary sending software system, with a goal to provide missions with free-of-charge...
Program: Software Research and Development for Missions. During 2024, we continued work on the Kardia missionary sending software system, with a goal to provide missions with free-of-charge, flexible, and secure data processing for missionary sending offices. Kardia development in 2024 focused on integrations, research tools, and machine learning. We also continued support for Midwife-EMR, an EMR system for missionary maternity clinics in the developing world, with three total deployments. We also hosted our thirteenth annual Spring Break Code-a-Thon for Missions, in March 2024, with 60 attendees working on fourteen projects for ten mission organizations. In all of these things, we emphasize the need for the leading of the Spirit of God in order to see true fruitfulness when developing technology for world missions.
Program: Technology Consulting for Christian Missions. During 2024, we assisted organizations sixteen times in-person and provided significant remote assistance to many more organizations as well...
Program: Technology Consulting for Christian Missions. During 2024, we assisted organizations sixteen times in-person and provided significant remote assistance to many more organizations as well throughout the year. Our goal in all of these things is to help missionaries and mission organizations focus more effectively on the work of Christ's Great Commission, by providing them with the Spirit-led, quality, and free-of-charge technology consulting that they otherwise would not be able to obtain.
Program: Missions Mobilization, Discipleship, and Training. During 2024 we carried on discipleship and training activities in conjunction with our consulting work. We also emphasized discipleship and...
Program: Missions Mobilization, Discipleship, and Training. During 2024 we carried on discipleship and training activities in conjunction with our consulting work. We also emphasized discipleship and training in our one-year and summer internship programs, with one intern participating during 2024. We hosted the 2024 International Conference on Computing and Mission with 67 in attendance, with a focus on prayer, worship, Bible teaching, fellowship, and 19 formal and 12 informal workshops and break-out sessions on various leadership, technology, and spiritual growth topics. Our goal with this event is to build up the body of Christ by encouraging and empowering the work of evangelism around the world. We also helped to encourage two other ICCM conferences in Africa. We also visited two universities in person, speaking to students one-on-one and in classes, seeking to encourage and mobilize people with Spirit-led technology skills (particularly computer science) to get involved in world missionary work. We mailed out (for free) over 150 copies of our 10/40 Window prayer and mobilization poster to people who requested it, and gave away many copies of the poster in person as well.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $288,665 | $308,995 | -0.1% |
| Expenses | $291,328 | $284,013 | +0.0% |
| Net Income | $-2,663 | $24,982 | -1.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Gregory Beeley | President/CEO and Board Member | 40 |
Officer
Director
|
$78,440 | $0 | $78,440 |
| Timothy Young | Vice-President and Board Member | 40 |
Officer
Director
|
$52,200 | $0 | $52,200 |
| Mark Patterson | Board Chairperson | 0.7 |
Director
|
$0 | $0 | $0 |
| Michael Hart | Board Member | 0.7 |
Director
|
$0 | $0 | $0 |
| Linda Dickson | Board Member | 0.7 |
Director
|
$0 | $0 | $0 |
| Jo Lin Gowing | Board Member | 0.7 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $288,665 | $291,328 | $136,666 | $-2,663 |
| 2023 | $308,995 | $284,013 | $139,573 | $24,982 |
| 2022 | $276,247 | $273,274 | $114,879 | $2,973 |
| 2022 | $276,247 | $273,274 | $114,879 | $2,973 |
| 2021 | $251,323 | $234,217 | $111,187 | $17,106 |
| 2020 | $250,167 | $243,832 | $93,666 | $6,335 |
| 2020 | $250,167 | $243,832 | $93,666 | $6,335 |
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