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Lighthouse Foundation Of Corinth Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 640860313 ✦ Corinth, MS ✦ Designated as a 501(c)(3)

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Overview

What is Lighthouse Foundation Of Corinth Inc?

Lighthouse Foundation of Corinth Inc is a nonprofit organization that operates in a nurturing Christian environment. Their primary mission is to empower young individuals, instilling values such as leadership, responsibility, and ethics through varied youth activities. Beyond youth development, the foundation extends its reach to families with young members, offering community services and benevolences. Moreover, they provide tutoring and mentoring programs to support these families and their children, ensuring they have the necessary academic and emotional support to thrive.


Official website here: www.lighthot.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 77% (Three-Star out of Four Star Rating)

The Lighthouse Foundation of Corinth Inc has achieved a 77% rating, which translates to a Three-Star assessment based on its accountability and finance metrics. This score reflects strong governance practices, highlighted by a board composed of 90% independent members and responsible asset management with no material diversion of assets noted.

The organization demonstrates transparency and accountability through established policies, including conflict of interest and whistleblower protections. Additionally, it maintains a low liabilities-to-assets ratio of 2.21%, indicating sound financial health. Moreover, the foundation allocates a significant portion of its expenses, approximately 76.97%, directly to its programs, underscoring its commitment to its mission.

While the foundation has shown proficiency in accountability and financial management, it is essential for potential donors and stakeholders to continue monitoring its operational impact and service effectiveness in the community to ensure the sustainability of its positive practices.


This AI summary has been generated from information found on Charity Navigator.

Is Lighthouse Foundation Of Corinth Inc legitimate?

Lighthouse Foundation Of Corinth Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lighthouse Foundation Of Corinth Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $190,133

For more financial information, click here


Official website here: www.lighthot.org

What is the mission statement of Lighthouse Foundation Of Corinth Inc?

The Lighthouse Foundation of Corinth Inc. is dedicated to providing youth mentoring and tutoring in a nurturing Christian atmosphere. Their mission is to cultivate leadership, responsibility, and ethical values in young individuals through various engaging activities. The organization also extends its services to families with youths, offering community support and benevolences. Additionally, Lighthouse Foundation provides tutoring and mentoring programs to assist young minds in their academic and personal growth.


Official website here: www.lighthot.org

Who is the CEO of Lighthouse Foundation Of Corinth Inc?

Gary Caveness is the Secretary of Lighthouse Foundation Of Corinth Inc.


Official website here: www.lighthot.org

What is the revenue of Lighthouse Foundation Of Corinth Inc?

Lighthouse Foundation Of Corinth Inc's revenue in 2022 was $696,976.


Official website here: www.lighthot.org

Who are the executives of Lighthouse Foundation Of Corinth Inc and what are their salaries?

The average compensation at Lighthouse Foundation Of Corinth Inc during 2022 was $8,267. There are 23 employees and 180 volunteers at Lighthouse Foundation Of Corinth Inc.


Here are 19 key members and their salaries:


Terry Cartwright (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Dennie (Life Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Drewery (Vice - Presi)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitch Johnson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Little (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bobby Mayes (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vince Overholt (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregg Parker (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Payne (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Pollard (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Puckett (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Quinn (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Shipp (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcus Simmons (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Sorrell (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zeb Taylor (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Vann (Life Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Williams (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Willis (Past Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lighthot.org

Where can I find the form 990 for Lighthouse Foundation Of Corinth Inc?

Lighthouse Foundation Of Corinth Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lighthot.org

Learn more at the official website: www.lighthot.org

Mission Statement of Lighthouse Foundation Of Corinth Inc

Lighthouse Foundation of Corinth, a nonprofit organization, is committed to providing youth mentoring and tutoring in a nurturing Christian atmosphere. Their mission is to cultivate leadership, responsibility, and ethical values in young minds. They achieve this by engaging in diverse youth activities, creating an environment that fosters personal growth and development. Additionally, the foundation extends its services to families with youths, offering community services and benevolences. In this capacity, they provide tutoring and mentoring programs designed to empower and uplift the next generation.

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Impact




July, 2024

Lighthouse Foundation of Corinth nurtures young minds in a Christian environment, fostering leadership, responsibility, and ethics through diverse youth activities. They extend community services and benevolences targeting families with youths while providing tutoring and mentoring programs. The organization's impact is evident in the positive influence it has on the youth it serves, helping them develop essential life skills and values. By focusing on youth development in a Christian atmosphere, Lighthouse Foundation of Corinth is shaping the next generation of leaders who are equipped to make a difference in their communities.




This information is meant to be a general summary of Lighthouse Foundation Of Corinth Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$696,976 (2022)
Expenses
$706,003 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $9
  • Gross Receipts: $745,067

Assets and Liabilities:

  • Total Assets: $371,623
  • Total Liabilities: $8,219
  • Net Assets: $363,404

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Organization Details

Founding Year

1993

Principal Officer

Gary Caveness

Main Address

PO BOX 2121, CORINTH, MS, 38835

NTEE Category

Code: O502 - Youth development

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