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The Lighthouse Group Beacon Of Hope

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

EIN: 800865583 ✦ Miami, FL ✦ Designated as a 501(c)(3)

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Overview

What is The Lighthouse Group Beacon Of Hope?

The Lighthouse Group Beacon of Hope is a nonprofit organization that specializes in offering training services to adults dealing with disabilities. Their primary focus is on teaching daily living skills that are tailored to each individual's age and cultural background. By providing age-appropriate and culturally sensitive training, they aim to empower adults with disabilities to live more independently and confidently.

What are the reviews and ratings of this charity?

Charity Navigator rating: 24%, Zero-Star out of Four Star rating.

The Lighthouse Group Beacon Of Hope has received a low score of 24%, indicating serious concerns regarding its accountability and financial management. The charity has not demonstrated adequate transparency, as evidenced by missing financial statements and a lack of independent board members, which significantly impacts its credibility. The absence of a listed website on official tax forms further contributes to the concerns about the organization’s governance.

Despite these financial and governance shortcomings, the organization has established certain policies, such as a conflict of interest policy and whistleblower protection, which are important for ethical operations. However, these measures do not outweigh the critical need for better financial accountability and independent oversight.

The program expense ratio is notably low at 31.28%, suggesting that a significant portion of funds may not be directed towards its stated mission. This raises questions about the overall effectiveness and impact of the charity's programs. Overall, potential donors and supporters should exercise caution and seek further information before engaging with this organization.


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

Is The Lighthouse Group Beacon Of Hope legitimate?

The Lighthouse Group Beacon Of Hope is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Lighthouse Group Beacon Of Hope 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: $151,820
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,056,741

For more financial information, click here

What is the mission statement of The Lighthouse Group Beacon Of Hope?

The Lighthouse Group Beacon Of Hope's mission is centered around providing specialized training services for adults with disabilities. They place a strong emphasis on teaching daily living skills that are tailored to the individuals' age and cultural backgrounds. The organization's primary goal is to equip these adults with the necessary skills to navigate their daily lives effectively and independently.

What is the revenue of The Lighthouse Group Beacon Of Hope?

The Lighthouse Group Beacon Of Hope's revenue in 2023 was $1,982,048.

Who are the executives of The Lighthouse Group Beacon Of Hope and what are their salaries?

The average compensation at The Lighthouse Group Beacon Of Hope during 2023 was $22,381. There are 54 employees at The Lighthouse Group Beacon Of Hope.

Here are 3 key members and their salaries:


Alexander Aylala (Vice President)
  • Compensation: $52,175
  • Related: $0
  • Other: $0
Erma Ballesteros (Secretary Treasurer)
  • Compensation: $51,295
  • Related: $0
  • Other: $0
Arraven Musgrove (President)
  • Compensation: $48,350
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Lighthouse Group Beacon Of Hope?

The Lighthouse Group Beacon Of Hope's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of The Lighthouse Group Beacon Of Hope

The Lighthouse Group Beacon of Hope is a dedicated organization that focuses on providing training services to adults living with disabilities. Their mission is centered around teaching daily living skills that are both age-appropriate and culturally sensitive. The organization places a strong emphasis on these skills, ensuring they are tailored to the individuals they serve. The ultimate goal is to empower these adults, enabling them to lead more independent and fulfilling lives.

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Impact




July, 2024

The Lighthouse Group Beacon Of Hope's impact can be seen in the positive transformation of adults living with disabilities through the provision of training services focused on daily living skills. By emphasizing age and culturally appropriate support, this organization in Miami, FL, is enabling individuals to enhance their independence and quality of life. Their work in human services is a beacon of hope for those they serve, creating a tangible impact on the lives of adults with disabilities.




This information is meant to be a general summary of The Lighthouse Group Beacon Of Hope. 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
$1,982,048 (2023)
Expenses
$2,091,071 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $1,982,048
  • Gross Receipts: $1,982,048

Assets and Liabilities:

  • Total Assets: $1,956,819
  • Total Liabilities: $510,786
  • Net Assets: $1,446,033

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ADULT TRAINING SERVICES

Revenue

$1,982,025

INTEREST INCOME

Revenue

$23

Organization Details

Founding Year

2012

Principal Officer

Arraven Musgrove

NTEE Category

Code: P82 - Human services

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