Seven Lights Foundation Inc

EIN: 852742852 501(c)(3) Education

Evanston, IL

Total Revenue
$-14,936
Total Expenses
$2,234
Total Assets
$519,613
Net Assets
$519,613
🔒

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
2020
Legal Domicile
IN
Principal Officer
WILLIAM SAPOCH
Phone
8478693655
Tax Period
2022-07-01 to 2023-06-30

Seven Lights Foundation Inc, founded in 2020, is a micro nonprofit in the Education sector that reported $15K in total revenue in fiscal year 2022. Revenue fell 126% from the prior year — a significant decline worth monitoring.

Mission

TO SUPPORT ASSISTING DESERVING STUDENTS WHO ARE IN FINANCIAL NEED TO CONTINUE AND COMPLETE THEIR COLLEGE EDUCATION.

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $-14,936
Other Revenue $0
TOTAL REVENUE $-14,936

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $2,234
TOTAL EXPENSES $2,234

Year-over-Year Comparison

2022 2021 Change
Revenue $-14,936 $57,177 -1.3%
Expenses $2,234 $4,789 -0.5%
Net Income $-17,170 $52,388 -1.3%
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
3
Independent Members
3
Employees
N/A
Volunteers
3

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
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
William Sapoch PRESIDENT 1.0
Officer Director
$0 $0 $0
Lee Beauchamp DIRECTOR 1.0
Officer Director
$0 $0 $0
Robert Jones SECRETARY & TREASURER 1.0
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 $-14,936 $2,234 $519,613 $-17,170
2022 $57,177 $4,789 $482,748 $52,388
2021 $528,000 $20,108 $528,000 $507,892
Explore More Nonprofits
→Top 100 Nonprofits in Illinois →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Seven Lights Foundation Inc with other nonprofits in Illinois and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.