LANTERNS GLOBAL INC

EIN: 850842918 501(c)(3) Human Services

CARPINTERIA, CA

Total Revenue
$266,195
Total Expenses
$246,284
Total Assets
$11,014
Net Assets
$5,932
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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
2020
Legal Domicile
CA
Tax Period
2023-10-01 to 2024-09-30

LANTERNS GLOBAL INC, founded in 2020, is a small nonprofit in the Human Services sector that reported $266K in total revenue in fiscal year 2023. Expenses of $246K left a modest 7% surplus.

Mission

Without limitation to creating developing and sustaining charitable programs focused on empowering current and future generations through educational physical and social means. Among other charitable programs the Corporation shall engage in the following activities on a domestic and global basis: 1 create and provide educational enrichment programs in general educational studies languages sciences and other educational disciplines to assist both children and adults go deeper in a field and be lifelong learners; 2 design and implement educational programs and skills based learning opportunities for at-risk children low-income and or marginalized individuals and other individuals and groups with economic physical spiritual and or emotional needs; and 3 develop and sustain hands-on educational and agricultural programs that promote teach and implement sustainable land use environmental and agricultural practices.

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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 $4,159
Program Service Revenue $262,036
Investment Income $0
Other Revenue $0
TOTAL REVENUE $266,195

Expense Breakdown

Grants Paid $0
Salaries & Benefits $170,534
Fundraising Expenses $0
Program Expenses $199,342
Other Expenses $75,750
TOTAL EXPENSES $246,284

Year-over-Year Comparison

2023 2022 Change
Revenue $266,195 N/A N/A
Expenses $246,284 N/A N/A
Net Income $19,911 N/A N/A
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
5
Independent Members
3
Employees
18
Volunteers
65

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
$33,063
Total Directors
4
$33,063
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Megan Moreno Secretary Director 18.00
Officer Director
$16,843 $0 $16,843
Saul Moreno CEO 30.00
Officer Director
$16,220 $0 $16,220
Brittney Crooks Director 0.00
Director
$0 $0 $0
Whitney Noll Director 0.00
Director
$0 $0 $0
Garrett Meade CFO 1.00
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
2024 $266,195 $246,284 $11,014 $19,911
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