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← LANTERN FOUNDATION

Form 990 for tax year 2023

Filed by LANTERN FOUNDATION.

This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.

What the amendment changed

Compared with the latest return for 2023 , filed 31 October 2025. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Total expenses
$3,716,352 changed to $3,635,871
Grants paid
$1,398,337 changed to $1,318,141
Total assets, end of year
$320,588 changed to $401,069
Net assets or fund balances, end of year
$320,588 changed to $401,069
Program services expenses
$2,775,379 changed to $2,700,911
Management and general expenses
$923,571 changed to $917,359
Fundraising expenses
$17,402 changed to $17,601
Program service expenses (Part III)
$2,775,379 changed to $2,700,911

Totals

Total revenue
$3,433,995
Total expenses
$3,716,352
Contributions and grants received
$3,432,198
Grants paid
$1,398,337
Program service revenue
$0
Investment income
$0
Other revenue
$1,797
Total assets, end of year
$320,588
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$320,588
Program services expenses (Part IX)
$2,775,379
Management and general expenses
$923,571
Fundraising expenses
$17,402
Program service expenses (Part III)
$2,775,379

Program services were 74.7% 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

    $21,559

  • 1f · All other contributions, gifts and grants

    $3,410,639

  • 8a · Fundraising events: gross income

    $5,693

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

    $21,559

  • 8b · Fundraising events: direct expenses

    $3,896

  • 8c · Net income from fundraising events

    total $1,797 · excluded $1,797

Functional expenses

Part IX, the statement of functional expenses.

  • 3 · Grants to foreign organizations and individuals

    total $1,398,337 · program services $1,398,337

  • 5 · Compensation of officers, directors and key employees

    total $241,600 · program services $241,600

  • 7 · Other salaries and wages

    total $507,333 · program services $22,073 · management and general $485,260

  • 9 · Other employee benefits

    total $29,192 · management and general $29,192

  • 10 · Payroll taxes

    total $121,261 · management and general $121,261

  • 11c · Fees: accounting

    total $21,877 · management and general $21,877

  • 11g · Fees: other

    total $561,022 · program services $560,346 · management and general $676

  • 12 · Advertising and promotion

    total $122,603 · program services $6,639 · management and general $109,664 · fundraising $6,300

  • 13 · Office expenses

    total $29,504 · program services $3,979 · management and general $25,525

  • 14 · Information technology

    total $38,021 · program services $3,901 · management and general $34,120

  • 16 · Occupancy

    total $46,813 · program services $35,170 · management and general $11,643

  • 17 · Travel

    total $289,465 · program services $235,086 · management and general $51,934 · fundraising $2,445

  • 19 · Conferences, conventions and meetings

    total $53,110 · program services $47,108 · management and general $5,145 · fundraising $857

  • 23 · Insurance

    total $3,586 · program services $453 · management and general $3,133

  • 24a · Other expenses: SUMMARY ACCOUNT FOR LAN

    total $169,857 · program services $169,857

  • 24b · Other expenses: BANK/CREDIT CARD FEES

    total $22,676 · program services $11,128 · management and general $11,548

  • 24c · Other expenses: FIELD OPERATIONS

    total $18,151 · program services $18,151

  • 24d · Other expenses: DIRECT CARE EXPENSES

    total $13,825 · program services $8,347 · management and general $5,478

  • 24e · All other expenses

    total $28,119 · program services $13,204 · management and general $7,115 · fundraising $7,800

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $602,945 · end of year $320,588

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 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 $602,945 · end of year $320,588

Mission and programs · 2023

Mission

UNITE WITH NATIONS TO RESCUE THE EXPLOITED, THE PERSECUTED AND THE DISPLACED.

Activities or mission (Part I)

TO UNITE WITH NATIONS TO RESCUE THE EXPLOITED, THE PERSECUTED AND THE DISPLACED.

  • SELECTED AND TRAINED TASK FORCE MEMBERS THAT RESCUED VICTIMS OF HUMAN TRAFFICKING IN VARIOUS AREAS SUCH AS CENTRAL AMERICA AND THE CARRIBBEAN, EUROPE, SOUTH AMERICA, SUB-SAHARAN AFRICA, AND NORTH AFRICA.

    Expenses $1,630,326 · Grants $770,379

  • PROVIDED HUMANITARIAN AID IN COUNTRIES IN CRISIS OR WAR.

    Expenses $745,163 · Grants $271,426

  • RESCUING THOSE FACED WITH PERSECUTION IN ASIA, THE PACIFIC AND MIDDLE EAST.

    Expenses $399,890 · Grants $356,531

As filed on the 2023 return.

Listed in Part VII

  • Samuel Hicks

    PRESIDENT

    Total calculated
    $153,600
    From this org
    $153,600
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $153,600
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $153,600
  • Korrin Moon

    VICE PRESIDENT/PRESIDENT

    Total calculated
    $88,000
    From this org
    $88,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Robert Boyd

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.5
  • Steve Biondo

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    5
  • Jennifer Strickland

    SECRETARY

    Total calculated
    $0
    Hours/week
    5
  • David Hodges

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Brandi Cook

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

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. 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

None.

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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
14 November 2024
IRS schema version
2023v5.1
Source object
202403209349301870

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