Lantern Network
Alton, Illinois
B-Health Score
51B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
๐ฐ
$819K
Total Revenue
๐
$860K
Total Expenses
๐ฆ
$475K
Net Assets
๐
$167K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+25.3%
Year-over-year change (2022 โ 2023)
Net Margin
-4.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.55
Net assets divided by total expenses
Liabilities-to-Assets
26.0%
Total liabilities as % of total assets
Filing History
6 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $819,055โ25% | $859,565โ9% | $642,134โ9% | โ |
| 2022 | $653,733โ35% | $944,396โ59% | $702,543โ32% | โ |
| 2021 | $1,012,620โ94% | $593,998โ37% | $1,028,262โ70% | โ |
| 2020 | $521,642โ26% | $433,139โ4% | $605,241โ14% | โ |
| 2019 | $702,489โ76% | $452,104โ13% | $532,847โ105% | โ |
| 2018 | $398,503 | $399,116 | $259,840 | โ |
Frequently Asked Questions
What does Lantern Network do?โผ
Lantern Network is a religion-related nonprofit organization based in Illinois. It is classified under NTEE code X21 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Lantern Network financially healthy?โผ
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Lantern Network.
How much revenue does Lantern Network generate?โผ
Lantern Network reports $1.1M in annual revenue and holds $1.1M in total assets, based on IRS filings.
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