THE LIGHTHOUSE GROUP BEACON OF HOPE

EIN: 800865583 501(c)(3) Human Services

Miami, FL

Total Revenue
$1,982,048
Total Expenses
$2,091,071
Total Assets
$1,743,264
Net Assets
$844,449
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
FL
Principal Officer
ARRAVEN MUSGROVE
Phone
7862314298
Tax Period
2023-01-01 to 2023-12-31

THE LIGHTHOUSE GROUP BEACON OF HOPE, founded in 2012, is a community nonprofit in the Human Services sector that reported $2.0M in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring.

Mission

THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO PROVIDE TRAINING SERVICES TO ADULTS LIVING WITH DISABILITIES. WE EMPASIZE ON DAILY LIVING SKILLS THAT ARE AGE AND CULTURALLY APPROPRIATE.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,982,048
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,982,048

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,461,854
Fundraising Expenses $0
Other Expenses $629,217
TOTAL EXPENSES $2,091,071

Year-over-Year Comparison

2023 2022 Change
Revenue $1,982,048 $2,555,012 -0.2%
Expenses $2,091,071 $1,558,557 +0.3%
Net Income $-109,023 $996,455 -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

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Governance

Voting Members
41
Independent Members
N/A
Employees
54
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
0
$0
Total Directors
3
$151,820
Key Employees
3
$151,820
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALEXANDER AYLALA VICE PRESIDENT 040.00
Director Key Emp
$52,175 $0 $52,175
ERMA BALLESTEROS SECRETARY TREASURER 040.00
Director Key Emp
$51,295 $0 $51,295
ARRAVEN MUSGROVE PRESIDENT 040.00
Director Key Emp
$48,350 $0 $48,350
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 $1,982,048 $2,091,071 $1,743,264 $-109,023
2022 $2,555,012 $1,558,557 $1,956,819 $996,455
2021 $1,444,796 $1,252,202 $1,069,001 $192,594
2020 $1,337,500 $1,279,711 $344,968 $57,789
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