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Nonprofiteer
← THE LIGHT FOUNDATION

Form 990 for tax year 2022

Filed by THE LIGHT FOUNDATION.

Totals

Total revenue
$302,565
Total expenses
$1,100,637
Contributions and grants received
$103,592
Grants paid
$180,727
Program service revenue
$0
Investment income
$217,182
Other revenue
-$18,209
Total assets, end of year
$3,569,000
Total liabilities, end of year
$585,000
Net assets or fund balances, end of year
$2,984,000
Program services expenses (Part IX)
$884,811
Management and general expenses
$203,577
Fundraising expenses
$12,249
Program service expenses (Part III)
$884,811

Program services were 80.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $83,292

  • 1f · All other contributions, gifts and grants

    $20,300

  • 3 · Investment income

    total $75,824 · excluded $75,824

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0

  • 7a · Gross sales of assets other than inventory

    securities $923,092

  • 7b · Less cost or other basis and sales expenses

    securities $781,735

  • 7c · Gain or loss

    securities $141,357

  • 7d · Net gain or loss

    total $141,358 · excluded $141,358

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $83,292

  • 8b · Fundraising events: direct expenses

    $18,209

  • 8c · Net income from fundraising events

    total -$18,209 · excluded -$18,209

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $180,727 · program services $180,727

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $117,636 · program services $95,758 · management and general $13,629 · fundraising $8,249

  • 6 · Compensation of disqualified persons

    total $172,863 · program services $172,863

  • 7 · Other salaries and wages

    total $0

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $0

  • 10 · Payroll taxes

    total $79,537 · program services $73,924 · management and general $3,613 · fundraising $2,000

  • 11a · Fees: management

    total $9,000 · program services $9,000

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $16,515 · management and general $16,515

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $12,866 · management and general $12,866

  • 11g · Fees: other

    total $543 · management and general $543

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $12,212 · program services $4,514 · management and general $5,698 · fundraising $2,000

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $135,098 · program services $101,324 · management and general $33,774

  • 17 · Travel

    total $5,938 · program services $4,454 · management and general $1,484

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $22,574 · management and general $22,574

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $268,303 · program services $201,227 · management and general $67,076

  • 23 · Insurance

    total $28,447 · program services $21,335 · management and general $7,112

  • 24a · Other expenses: REPAIRS & MAINTENANCE

    total $4,540 · management and general $4,540

  • 24b · Other expenses: EQUIPMENT, SOFTWARE, HARDWARE

    total $6,672 · program services $5,004 · management and general $1,668

  • 24c · Other expenses: FOREIGN TAXES PAID - NTB

    total $1,615 · management and general $1,615

  • 24d · Other expenses: PERSONAL PROP TAX - LEASE VEHI

    total $5,451 · management and general $5,451

  • 24e · All other expenses

    total $20,100 · program services $14,681 · management and general $5,419

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $57,718 · end of year $49,290

  • 2 · Savings and temporary cash investments

    beginning of year $28,514 · end of year $29,996

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $0 · end of year $0

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $0 · end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $1,666,191

  • 10b · Land, buildings and equipment: accumulated depreciation

    $576,660

  • 10c · Land, buildings and equipment, net

    beginning of year $1,338,312 · end of year $1,089,531

  • 11 · Investments: publicly traded securities

    beginning of year $3,824,749 · end of year $2,326,183

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $74,000 · end of year $74,000

  • 17 · Accounts payable and accrued expenses

    beginning of year $11,437 · end of year $0

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $0 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $765,000 · end of year $585,000

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 29 · Capital stock, trust principal or current funds

    beginning of year $4,546,856 · end of year $2,984,000

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $0 · end of year $0

Mission and programs · 2022

Mission

THE MISSION OF THE ORGANIZATION IS TO CREATE A GENERATION OF SUCCESSFUL YOUTH BY PROVIDING LIFE-CHANGING OPPORTUNITIES.

Activities or mission (Part I)

THE LIGHT FOUNDATION MISSION IS TO BUILDCORE VALUES IN YOUTH AND CONNECT THEM TO OPPORTUNITIES THAT WILL ENRICH THEIR LIVES.

  • LIGHT BOX PRODUCTIONS PRODUCES ORIGINAL PHILANTHROPIC CREATIVE RESOURCES, EDUCATIONAL AND STUDIO OPPORTUNITIES (INCLUDING VIDEO, BRAND MARKETING AND VIRTUAL MESSAGING, WEB, EVENT AND EXHIBIT CREATION) TO AMPLIFY YOUTH-FOCUSED INITIATIVES. IN 2022, THE LIGHT FOUNDATION HOSTED NATIONWIDE PHILANTHROPIC LEADERSHIP EDUCATION OPPORTUNITIES TO FUNDRAISE FOR YOUTH FORWARD CHARITABLE ORGANIZATIONS ACROSS THE COUNTRY.

    Expenses $266,408

  • RITECARE - THE LIGHT FOUNDATION COLLABORATES WITH THE NATIONAL, STATE AND REGIONAL RITECARE PROGRAMS THAT PROVIDE FREE LANGUAGE AND LITERACY THERAPY TO AT RISK YOUTH WITH SIGNIFICANT COMMUNICATION CHALLENGES. THE FOUNDATION ACTIVELY ENGAGES IN THIS PROGRAM THROUGH PHILANTHROPIC EVENT MANAGEMENT, STAFF CREATION OF MISSION MARKETING (MISSION AWARENESS), CREATION AND MANAGEMENT OF STATE WEBSITE (MORITECARE.ORG) WHICH EDUCATES AND SUPPORTS THE MISSOURI RITECARE PROGRAM, STAFF CREATION OF PROMOTIONAL VIDEOS AND SOCIAL MEDIA MESSAGING TO SUPPORT ACTIVE CAMPAIGN AND MISSION AWARENESS, INCOME TO SUPPORT SERVICES AND CREATE NATIONAL AND STATEWIDE MISSION ADVANCEMENT AND PROMOTION. IN 2022, THE LIGHT FOUNDATION PHILANTHROPICALLY HOSTED THE NATIONAL RITECARE CONFERENCE AS WELL AS A BENEFIT GOLF OUTING.

    Expenses $344,976 · Grants $78,973

  • YOUTH DEVELOPMENT PROGRAM - SPECIAL PROGRAM AND SERVICES FOR YOUTH ORGANIZATIONS AND FAMILIES WITH EDUCATIONAL AND EVENT MANAGEMENT AND SUPPORT, LEADERSHIP PROGRAM DEVELOPMENT, AND INCOME TO SUPPORT SERVICES OF ST. LOUIS YOUTH PROGRAMS. IN 2022, THE LIGHT FOUNDATION PHILANTHROPICALLY HOSTED A STATEWIDE LEADERSHIP CONFERENCE FOR YOUTH FORWARD CHARITABLE INITIATIVES.

    Expenses $240,954 · Grants $94,124

  • DEMOLAY - COLLABORATE WITH MISSOURI

    Expenses $32,473 · Grants $7,015

  • DEMOLAY TO PROVIDE LEADERSHIP

  • PROGRAMMING, RESOURCES AND VOLUNTEER

  • OPPORTUNITIES FOR 12-20 AGE YOUNG MEN.

  • DEMOLAY LEADERSHIP AND SERVICE CLUB AT

  • MARYVILLE UNIVERSITY - TO PROVIDE

  • SCHOLARSHIPS, AND MENTOR OPPORTUNITIES

  • FOR THE STUDENTS ENROLLED IN THE CLUB

  • AT MARYVILLE UNIVERSITY

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Sharon Mistretta

    EXECUTIVE DIRECTOR

    Total calculated
    $108,636
    From this org
    $99,500
    From related orgs
    $0
    Other
    $9,136
    Hours/week
    40

  • Erika Cockerham

    LIMELIGHT STUDIO DIRECTOR

    Total calculated
    $12,500
    From this org
    $12,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    15

  • Quentin Cockerham

    DEMOLAY YOUTH

    Total calculated
    $12,500
    From this org
    $12,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    15

  • Robert Cockerham

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • Brandon Cockerham

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Bret Akers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Randall Wilson

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Stacia Cockerham

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2022
Filed
15 November 2023
IRS schema version
2022v5.0
Source object
202313189349311826

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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