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Nonprofiteer
← LIGHTNING FOUNDATION INC

Form 990 for tax year 2023

Filed by LIGHTNING FOUNDATION INC.

Totals

Total revenue
$5,619,664
Total expenses
$5,138,750
Contributions and grants received
$2,898,559
Grants paid
$1,452,202
Program services expenses (Part IX)
$3,403,253
Management and general expenses
$1,735,497
Fundraising expenses
$0
Program service expenses (Part III)
$3,403,253

Program services were 66.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • CRAIG SHER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JEFF VINIK

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • JULIEN BRISEBOIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • PENNY VINIK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • STEVE GRIGGS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ELIZABETH FRAZIER

    EXECUTIVE DIRECTOR

    Total calculated
    $203,305
    From this org
    $203,305
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $203,305
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $203,305

  • JAY FEASTER

    SECRETARY

    Total calculated
    $0
    Hours/week
    5

  • JASSEN CULLIMORE

    DIRECTOR OF COMMUNITY HOCKEY & DEVELOPMENT

    Total calculated
    $148,715
    From this org
    $148,715
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • MATHIEU GARON

    ASST. DIRECTOR OF COMMUNITY HOCKEY & DEVELOPMENT

    Total calculated
    $144,984
    From this org
    $144,984
    From related orgs
    $0
    Other
    $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 — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
14 May 2025
IRS schema version
2023v6.0
Source object
202501349349313240

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

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