Go Light Your World Foundation

Nonprofit profile at a glance

EIN
842316347
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-N 2021
Location
Nashville, TN, USA
Phone
6154780247
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Religious Media, Communications
Affiliation
Christianity

Official website

Reported finances

Revenue
$133,055
Expenses
$105,166
Assets
$97,977

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • KATHY TROCCOLI (PRESIDENT)

People named in this filing

  • KATHY TROCCOLI (PRESIDENT)
  • LYNNETTE HABEGGER (SECRETARY/TR)
  • LARRY DAY (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To help others through extending love in christ. The mission of go light your world foundation, inc. Is to promote the christian faith by providing mentorship and discipleship to hurting individuals and those in need while exhorting the hope found in the gospel of jesus christ.

What it reported doing in 2024

Our mission is to help others through extending love in christ. The mission of go light your world foundation, inc. Is to promote the christian faith by providing mentorship and discipleship to hurting individuals and those in need while exhorting the hope found in the gospel of jesus christ. In 2024, we encouraged many who were sick and hurting through in-person events, the release of new songs, written words, and videos released to a large social media platform. We now have over 78,000 followers following kathy troccoli on facebook. We receive testimonies all of the time of the impact that her music and spoken words are having on people. We were also able to make large donations through the go light your world foundation to non-profits for wounded soldiers, suicide prevention and breast cancer. Kathy is very passionate about giving back to others.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 82
  • Sustainability: 59
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 78.4%; rating input score 78
  • Program expense ratio: 99.1%; rating input score 99

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 21%; rating input score 75; 75th percentile among comparable filings
  • Total-asset coverage ratio: 0.93; rating input score 57; 57th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 13.7% per year; rating input score 100; 68th percentile among comparable filings
  • Revenue growth: 24.5% per year; rating input score 100; 87th percentile among comparable filings
  • Asset growth: 7.2% per year; rating input score 100; 52nd percentile among comparable filings

Details

  • Where the money goes: 78.4% of revenue deployed · 99.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $104K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Sustainability: Total-asset coverage ratio scored 57/100.