LIGHTHOUSE COMMUNITY INVESTMENT AGENCY INC (EIN 824832652) - 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

HIE MICHAEL CARTER

Phone

3044754663

Tax Period

2023-01-01 to 2023-12-31

LIGHTHOUSE COMMUNITY INVESTMENT AGENCY INC, founded in 2018, is a community nonprofit in the Community Improvement sector that reported $3.6M in total revenue in fiscal year 2023. The organization ran a surplus of $923K, a strong 26% operating margin.

Mission

LIGHTHOUSE COMMUNITY INVESTMENT AGENCY PROVIDES SOCIAL AND ECONOMIC ASSITANCE THROUGH JOB TRAINING OPPORTUNITIES FOR MEMBERS OF THE COMMUNITY RECOVERING FROM HEALTH CONDITIONS OR ADDICTIONS.

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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 $0

Program Service Revenue $3,357,341

Investment Income $0

Other Revenue $254,892

TOTAL REVENUE $3,612,233

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,535,957

Fundraising Expenses $0

Program Expenses $2,019,540

Other Expenses $1,153,711

TOTAL EXPENSES $2,689,668

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,612,233	$3,627,167	0.0%
Expenses	$2,689,668	$2,493,012	+0.1%
Net Income	$922,565	$1,134,155	-0.2%

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

Employees

109

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
TOMMY BAILEY	ASSISTANT CH	N/A	Officer Director	$0	$0	$0
MITCHELL BIAS	BOARD MEMBER	N/A	Director	$0	$0	$0
HIE MICHAEL CARTER	CHAIRMAN	N/A	Officer Director	$0	$0	$0
H ANDREW DILLON	BOARD MEMBER	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
2023	$3,612,233	$2,689,668	$2,027,705	$922,565
2022	$3,627,167	$2,493,012	$659,941	$1,134,155
2021	$1,944,382	$1,860,903	$304,253	$83,479
2020	$770,910	$1,118,622	$136,256	$-347,712
2019	$406,032	$978,273	$41,636	$-572,241
2018	$440,342	$585,461	$33,289	$-145,119

LIGHTHOUSE COMMUNITY INVESTMENT AGENCY INC