LIGHTHOUSE FOR HOPE INC

EIN: 811072548 501(c)(3) Diseases & Disorders

SCOTTSDALE, AZ

Total Revenue
$223,212
Total Expenses
$296,492
Total Assets
$59,841
Net Assets
$59,841
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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
AZ
Principal Officer
HANNAH COBLEY
Phone
4802623227
Tax Period
2023-01-01 to 2023-12-31

LIGHTHOUSE FOR HOPE INC, founded in 2015, is a small nonprofit in the Diseases & Disorders sector that reported $223K in total revenue in fiscal year 2023. Expenses of $296K exceeded revenue, resulting in a 33% operating deficit.

Mission

LIGHTHOUSE FOR HOPE STRIVES TO FIGHT ALONGSIDE FAMILIES EXPERIENCING THE PHYSICAL, EMOTIONAL, AND FINANCIAL SETBACKS CAUSED BY PEDIATRIC CANCER BY PROVIDING THEM WITH SUPPORT AND ASSISTANCE FOR BASIC NECESSITIES.

Program Service Accomplishments

Program 1
Expenses: $118,875

HOPE FAMILIES - LIGHTHOUSE PROVIDES FAMILIES OF CHILDHOOD CANCER PATIENTS WITH EMOTIONAL AND FINANCIAL ASSISTANCE AND IS PASSIONATE ABOUT BECOMING A SUPPORT SYSTEM FOR CHILDREN AND FAMILIES THAT...

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HOPE FAMILIES - LIGHTHOUSE PROVIDES FAMILIES OF CHILDHOOD CANCER PATIENTS WITH EMOTIONAL AND FINANCIAL ASSISTANCE AND IS PASSIONATE ABOUT BECOMING A SUPPORT SYSTEM FOR CHILDREN AND FAMILIES THAT OTHERWISE WOULD NOT HAVE ONE. WE PROVIDE HELP WITH BASIC NECESSITIES INCLUDING GROCERIES, CLEANING SUPPLIES AND DAILY ITEMS NEEDED. FINANCIAL ASSISTANCE IS PROVIDED INCLUDING AIRFARE, LIVING EXPENSES, AND GAS. LIGHTHOUSE DISTRIBUTES CARE PACKAGES, MAKES HOSPITAL VISITS, AND PROVIDES MEALS, GIFTS, SUPPLIES AND OTHER ASSISTANCE AS NEEDED. WE BECOME A LIGHT IN THE DARK BY ADVOCATING AND SUPPORTING THOSE EXPERIENCING THE DARKNESS THAT IS CHILDHOOD CANCER.

Program 2
Expenses: $56,741

HOLIDAYS FOR HOPE - LIGHTHOUSE FOR HOPE'S ADOPT-A-FAMILY PROGRAM IS ALL ABOUT PROVIDING HOPE AND LIGHT FOR THOSE FACING CHILDHOOD CANCER. CANCER IS AN EXTREMELY DIFFICULT TIME, SO WE ARE GIVING BACK...

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HOLIDAYS FOR HOPE - LIGHTHOUSE FOR HOPE'S ADOPT-A-FAMILY PROGRAM IS ALL ABOUT PROVIDING HOPE AND LIGHT FOR THOSE FACING CHILDHOOD CANCER. CANCER IS AN EXTREMELY DIFFICULT TIME, SO WE ARE GIVING BACK TO HELP EASE THE BURDEN OF HAVING TO WORRY ABOUT PURCHASING CHRISTMAS PRESENTS!

Program 3
Expenses: $48,224

ILLUMINATE RETREAT - THIS RETREAT IS A CHANCE FOR YOUNG WOMEN TO COME TOGETHER IN A BEAUTIFUL SETTING AND CONNECT WITH THOSE WHO ARE EXPERIENCING THE SAME HARDSHIPS CAUSED BY CANCER. IT IS A COMMON...

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ILLUMINATE RETREAT - THIS RETREAT IS A CHANCE FOR YOUNG WOMEN TO COME TOGETHER IN A BEAUTIFUL SETTING AND CONNECT WITH THOSE WHO ARE EXPERIENCING THE SAME HARDSHIPS CAUSED BY CANCER. IT IS A COMMON MISCONCEPTION THAT PEDIATRIC CANCER ONLY IMPACTS YOUNG CHILDREN. THERE ARE SO MANY YOUNG ADULTS THAT ARE BEING TREATED FOR PEDIATRIC CANCERS, YET THEY DO NOT RECEIVE THE SAME PROGRAMMING OR BENEFITS IF THEY ARE OVER THE AGE OF 18. THIS ILLUMINATE RETREAT IS AN OPPORTUNITY TO FEEL LOVED AND SUPPORTED. IN 2023 10 YOUNG WOMEN ATTENDED THE RETREAT.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $212,020
Program Service Revenue $0
Investment Income $1,248
Other Revenue $9,944
TOTAL REVENUE $223,212

Expense Breakdown

Grants Paid $112,541
Salaries & Benefits $103,941
Fundraising Expenses $32,473
Program Expenses $223,840
Other Expenses $80,010
TOTAL EXPENSES $296,492

Year-over-Year Comparison

2023 2022 Change
Revenue $223,212 $223,781 0.0%
Expenses $296,492 $334,108 -0.1%
Net Income $-73,280 $-110,327 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
5
Employees
2
Volunteers
25

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
3
$64,229
Total Directors
6
$64,229
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HANNAH COBLEY EXECUTIVE DIRECTOR 40.00
Officer Director
$60,000 $4,229 $64,229
TAYLOR LOVINGOOD DIRECTOR SINCE 12-2023 1.00
Director
$0 $0 $0
MELISSA DELANEY DIRECTOR SINCE 12-2023 1.00
Director
$0 $0 $0
LAUREN HUGHES DIRECTOR SINCE 12-2023 1.00
Director
$0 $0 $0
RICK DWYER PRESIDENT 1.00
Officer Director
$0 $0 $0
MARY KAY RODGERS TREASURER 1.00
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
2024 No data No data No data No data
2023 $223,212 $296,492 $59,841 $-73,280
2022 $223,781 $334,108 $138,379 $-110,327
2021 $265,474 $254,335 $245,401 $11,139
2020 $294,306 $155,996 $233,201 $138,310
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