Lantern Foundation

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

EIN: 850713747 ✦ Asheboro, NC ✦ Designated as a 501(c)(3)

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Overview

What is Lantern Foundation?

Lantern Foundation is a nonprofit organization situated in Asheboro, North Carolina. The primary focus of this organization is to combat human trafficking on a global scale. With a team of selected and trained task force members, Lantern Foundation has extended its reach to various regions such as Central America, the Caribbean, Europe, South America, Sub-Saharan Africa, East Asia, the Pacific, and the Middle East and North Africa. The mission of this foundation is to collaborate with nations to rescue and provide support to the exploited, persecuted, and displaced individuals worldwide. Lantern Foundation employs a team of 11 dedicated individuals committed to achieving this noble cause.


Official website here: www.lanternrescue.org

Is Lantern Foundation legitimate?

Lantern Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lantern Foundation 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: $108,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $316,086

For more financial information, click here


Official website here: www.lanternrescue.org

What is the mission statement of Lantern Foundation?

The Lantern Foundation's mission is to collaborate with nations globally, with the objective of rescuing individuals who are exploited, persecuted, and displaced. Their mission is encapsulated in the statement, "Unite with Nations to Rescue the Exploited, the Persecuted, and the Displaced." The foundation achieves this by deploying selected and trained task force members to various regions including Central America and the Caribbean, Europe, South America, Sub-Saharan Africa, East Asia and the Pacific, and the Middle East and North Africa, to rescue victims of human trafficking.


Official website here: www.lanternrescue.org

Who is the CEO of Lantern Foundation?

Samuel Hicks is the President of Lantern Foundation.


Official website here: www.lanternrescue.org

What is the revenue of Lantern Foundation?

Lantern Foundation's revenue in 2022 was $2,589,339.


Official website here: www.lanternrescue.org

Who are the executives of Lantern Foundation and what are their salaries?

The average compensation at Lantern Foundation during 2022 was $38,553. There are 11 employees and 5 volunteers at Lantern Foundation.


Here are 3 key members and their salaries:


Samuel Hicks (President)
  • Compensation: $108,000
  • Related: $0
  • Other: $0
Korrin Moon (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Boyd (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lanternrescue.org

Where can I find the form 990 for Lantern Foundation?

Lantern Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lanternrescue.org

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

Mission Statement of Lantern Foundation

The Lantern Foundation, a renowned organization, is committed to uniting nations in a mission to rescue the exploited, the persecuted, and the displaced. Their primary objective is to bring together global efforts in an attempt to aid and protect those who are victims of inhumane treatments and circumstances. The foundation's task force members are specially selected and trained to carry out this mission in various regions such as Central America and the Caribbean, Europe, South America, Sub-Saharan Africa, East Asia and the Pacific, and the Middle East and North Africa.

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Impact




July, 2024

Lantern Foundation's impact lies in uniting with nations to rescue the exploited, the persecuted, and the displaced. The foundation has selected and trained task force members who have successfully rescued victims of human trafficking in various regions including Central America and the Caribbean, Europe, South America, Sub-Saharan Africa, East Asia and the Pacific, and the Middle East and North Africa. Through their dedication and efforts, Lantern Foundation has made a significant impact in combating human trafficking and aiding those in dire situations across the globe.




This information is meant to be a general summary of Lantern Foundation. 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
$2,589,339 (2022)
Expenses
$2,171,697 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $2,589,339

Assets and Liabilities:

  • Total Assets: $602,945
  • Total Liabilities: $0
  • Net Assets: $602,945

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Organization Details

Founding Year

2020

Principal Officer

Samuel Hicks

Main Address

1001 SUNSET AVE, ASHEBORO, NC, 27203

NTEE Category

Code: X01 - Religion related

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