Light The Tower Collective

EIN: 883320065 501(c)(3)

Denton, TX

Total Revenue
$211,170
Total Expenses
$79,160
Total Assets
$132,010
Net Assets
$132,010
🔒

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
2022
Legal Domicile
TX
Phone
9403682447
Tax Period
2022-01-01 to 2022-12-31

Light The Tower Collective, founded in 2022, is a small nonprofit that reported $211K in total revenue in fiscal year 2022. The organization ran a surplus of $132K, a strong 63% operating margin.

Mission

Light the Tower is a collective to provide payments to student athletes at the University of North Texas pursuant to the new NCAA guideline for paying players for use of their Name, Image or Likeness (NIL).

🔒

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 $211,170
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $211,170

Expense Breakdown

Grants Paid $69,000
Salaries & Benefits $0
Fundraising Expenses $3,300
Program Expenses $73,828
Other Expenses $10,160
TOTAL EXPENSES $79,160

Year-over-Year Comparison

2022 2021 Change
Revenue $211,170 N/A N/A
Expenses $79,160 N/A N/A
Net Income $132,010 N/A N/A
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
11
Independent Members
11
Employees
N/A
Volunteers
13

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
4
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dan Smith Director 5.00
Director
$0 $0 $0
Don Lovelace Director 5.00
Director
$0 $0 $0
Jim McNatt President 5.00
Officer Director
$0 $0 $0
Julie Anderson Treasurer 10.00
Officer Director
$0 $0 $0
Earl Dobson Director 5.00
Director
$0 $0 $0
Lance White Director 5.00
Director
$0 $0 $0
Randy Hudson Director 5.00
Director
$0 $0 $0
Dillon Lovelace Director 5.00
Director
$0 $0 $0
Chris McDade Director 5.00
Director
$0 $0 $0
Craig Robertson Vice President 5.00
Officer Director
$0 $0 $0
Diann Huber Secretary 5.00
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
2022 $211,170 $79,160 $132,010 $132,010
Explore More Nonprofits
Top 100 Nonprofits in Texas Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Light The Tower Collective with other nonprofits in Texas and across the country.