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The Light Foundation

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

EIN: 562311765 ✦ Greenville, OH ✦ Designated as a 501(c)(3)

Overview

What is The Light Foundation?

The Light Foundation is a nonprofit organization dedicated to uplifting young individuals by launching and sponsoring practical initiatives and events. Their primary objective is to foster the growth of logical ethical principles and financial literacy within young people, thereby cultivating a strong sense of independence. Their activities encompass youth-focused programs. By promoting these values, The Light Foundation aims to inspire young people to fully realize their potential.


Official website here: www.mattlight72.com

Is The Light Foundation legitimate?

The Light Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Light 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $817,549

For more financial information, click here


Official website here: www.mattlight72.com

What is the mission statement of The Light Foundation?

The Light Foundation aims to empower young individuals by initiating and supporting hands-on programs and events. These initiatives are designed to foster the growth of rational moral values and personal financial competence within the youth. This approach aims to instill a strong sense of self-reliance in them, inspiring them to strive towards their highest potential. The foundation's activities primarily focus on youth programming.


Official website here: www.mattlight72.com

Who is the CEO of The Light Foundation?

Matt Light is the Director of The Light Foundation.


Official website here: www.mattlight72.com

What is the revenue of The Light Foundation?

The Light Foundation's revenue in 2022 was $3,136,486.


Official website here: www.mattlight72.com

Who are the executives of The Light Foundation and what are their salaries?

The average compensation at The Light Foundation during 2022 was $62,888. There are 13 employees and 650 volunteers at The Light Foundation.

Here are 13 key members and their salaries:

    Margrette Mondillo (Executive Director)
  • Compensation: $213,299
  • Related: $0
  • Other: $0

    • Brian Mccarthy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daren Hiatt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Drubner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jamie Marshall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matt Light (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rob Ninkovich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Trax (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Falcone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Francesca Federico (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bobby Loffredo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Victoria Bonduc (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susie Light (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.mattlight72.com

    Where can I find the form 990 for The Light Foundation?

    The The Light Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.mattlight72.com

    Learn more at the official website: www.mattlight72.com

    Mission Statement of The Light Foundation

    The Light Foundation, as a nonprofit organization, is committed to empowering young individuals to reach their full potential. It accomplishes this mission by initiating and supporting hands-on programs and events that foster the development of rational moral values and personal financial acumen. By doing so, The Light Foundation instills a sense of purpose within these young people. Their efforts primarily focus on youth programming. In simpler terms, The Light Foundation aims to equip young people with the necessary skills and values to become self-reliant and successful individuals.

    Impact

    This information is meant to be a general summary of The Light Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The Light Foundation empowers young people to reach their highest potential by initiating and supporting hands-on programs and events that promote the development of rational moral values and personal financial acumen. Through their youth programming initiatives, they instill a sense of self-reliance and purpose in the next generation.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $247,142
  • Program Service Revenue: $0
  • Gross Receipts: $4,462,246

    • Assets and Liabilities:
  • Total Assets: $6,617,761
  • Total Liabilities: $551,194
  • Net Assets: $6,066,567
  • Organization Details

    Founding Year

    2003

    Principal Officer

    Matt Light

    Main Address

    440 GREENVILLE-NASHVILLE RD, GREENVILLE, OH, 45331

    NTEE Category

    Code: T31 - Philanthropy

    If you are a representative of The Light Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.