LIGHTHOUSE-FT BEND (EIN 824265918) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2018

Principal Officer

TED A RAO

Phone

2813899063

Tax Period

2023-01-01 to 2023-12-31

LIGHTHOUSE-FT BEND, founded in 2018, is a small nonprofit in the Religion sector that reported $182K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $171K left a modest 6% surplus.

Mission

THE ORGANIZATION'S MISSION IS TO TEACH AND PREACH THE GOSPEL TO ALL PEOPLE, CONDUCT EVANGELISTIC ACTIVITIES, LICENSE AND ORDAIN MINISTERS OF THE GOSPEL, PROVIDE RELIGIOUS, CHARITABLE AND HUMANITARIAN SERVICES, AND TO ENGAGE IN ACTIVITIES WHICH ARE NECESSARY, SUITABLE OR CONVENIENT FOR THE ACCOMPLISHMENT OF THAT PURPOSE AND WHICH ARE INCIDENTAL THERETO OR CONNECTED THEREWITH.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $176,403

Program Service Revenue $0

Investment Income $5,474

Other Revenue $0

TOTAL REVENUE $181,877

Expense Breakdown

Grants Paid $0

Salaries & Benefits $44,000

Fundraising Expenses $0

Program Expenses $167,157

Other Expenses $126,726

TOTAL EXPENSES $170,726

Year-over-Year Comparison

	2023	2022	Change
Revenue	$181,877	$162,349	+0.1%
Expenses	$170,726	$172,162	0.0%
Net Income	$11,151	$-9,813	-2.1%

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

Governance

Voting Members

Independent Members

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALLAUDIN ABDULLA	DIRECTOR	N/A	Director	$0	$0	$0
RICHARD E FAULK	DIRECTOR	N/A	Director	$0	$0	$0
CHRIS LOVE	DIRECTOR	N/A	Director	$0	$0	$0
JUDY MCGLOTHLIN	DIRECTOR	N/A	Director	$0	$0	$0
KAREN RAO	DIRECTOR	N/A	Director	$0	$0	$0
TED A RAO	SR. PASTOR	N/A	Director	$0	$0	$0
TIM SPARKS	MINISTER	N/A	Director	$0	$0	$0
CHARLES WEBER	MINISTER	N/A	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
2024	No data	No data	No data	No data
2023	$181,877	$170,726	$230,799	$11,151
2022	$162,349	$172,162	$219,648	$-9,813
2021	$173,230	$138,911	$229,461	$34,319
2020	$179,112	$149,077	$195,142	$30,035
2019	$232,388	$162,915	$165,107	$69,473
2018	$207,112	$111,478	$95,634	$95,634

LIGHTHOUSE-FT BEND