LIGHTHOUSE OF HOPE MK INC

EIN: 821085693 501(c)(3) Human Services

SPINDALE, NC

Total Revenue
$83,239
Total Expenses
$98,121
Total Assets
$83,799
Net Assets
$46,448
🔒

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
NC
Tax Period
2018-01-01 to 2018-12-31

LIGHTHOUSE OF HOPE MK INC, founded in 2017, is a micro nonprofit in the Human Services sector that reported $83K in total revenue in fiscal year 2018. Revenue surged 169% from the prior year, signaling strong growth momentum. Expenses of $98K exceeded revenue, resulting in a 18% operating deficit.

Mission

TO PROVIDE THE PROTECTIONS OF SHELTER, SUSTENANCE, EDUCATION, MEDICAL CARE, SPIRITUAL AND EMOTIONAL SUPPORT, TO ORPHANS AND THEIR FAMILIES IN THE COUNTRY OF MACEDONIA, AS A PATH TO HEALING AND WHOLENESS.

🔒

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 (2018)

Revenue Breakdown

Contributions & Grants $83,985
Program Service Revenue $0
Investment Income $0
Other Revenue $-746
TOTAL REVENUE $83,239

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $1,627
Program Expenses $89,931
Other Expenses $98,121
TOTAL EXPENSES $98,121

Year-over-Year Comparison

2018 2017 Change
Revenue $83,239 $30,930 +1.7%
Expenses $98,121 $7,903 +11.4%
Net Income $-14,882 $23,027 -1.6%
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
7
Independent Members
7
Employees
N/A
Volunteers
5

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
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ZORAN NASKOV PRESIDENT CEO 0.00
Officer Director
$0 $0 $0
JENNIFER NASKOV SECRETARY EXECUTIVE DIRECTOR 0.00
Officer Director
$0 $0 $0
BETTY EASTER DEVELOPMENT DIRECTOR 0.00
Director
$0 $0 $0
NASTASSIA NASKOV DIRECTOR 0.00
Director
$0 $0 $0
MELINDA HELLE DIRECTOR 0.00
Director
$0 $0 $0
JULIA K WILSON DIRECTOR 0.00
Director
$0 $0 $0
MICHAEL F KOZLINSKI DIRECTOR 0.00
Director
$0 $0 $0
TERESA DAVIS TREASURER CFO 0.00
Officer
$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
2018 $83,239 $98,121 $83,799 $-14,882
Explore More Nonprofits
Top 100 Nonprofits in North Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare LIGHTHOUSE OF HOPE MK INC with other nonprofits in North Carolina and across the country.