Lantern Foundation
Hickory, North Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
4 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $3,433,995↑33% | $3,716,352↑71% | $320,588↓47% | — |
| 2022 | $2,589,339↑518% | $2,171,697↑747% | $602,945↑225% | — |
| 2021 | $419,034↑300% | $256,287↑212% | $185,303↑722% | — |
| 2020 | $104,634 | $82,078 | $22,556 | — |
Frequently Asked Questions
What does Lantern Foundation do?▼
Lantern Foundation is a religion-related nonprofit organization based in North Carolina. It is classified under NTEE code X01 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Lantern Foundation financially healthy?▼
Based on our 9-metric Financial Health Score model, Lantern Foundation has a score of 69/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Lantern Foundation generate?▼
Lantern Foundation reports $3.0M in annual revenue and holds $314K in total assets, based on IRS filings.
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