Lantern Medical Clinic

Nonprofit profile at a glance

EIN
262621541
IRS 990-EZ coverage
2010–2020
Forms available
Form 990-EZ 2020
Location
Jackson, MS, USA
Phone
6019399300
Rating
93
Verdict
STRONG
Rating confidence
Moderate
Sector
Group Health Practice (Health Maintenance Organizations)
Affiliation
Christianity

Official website

Reported finances

Revenue
$30,500
Expenses
$34,926
Assets
$176,301
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • J Holt Crews M D (President)
  • C Shannon Carroll Sr D O (Vice President)

People named in this filing

  • J Holt Crews M D (President)
  • C Shannon Carroll Sr D O (Vice President)
  • Henry Douglas Hederman (Secretary)

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 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Lantern medical clinic is a christian based medical clinic organized to share the gospel of jesus christ and provide medical care to those in its community who have no form of health insurance, who do not qualify for state or federal assistance and whose income falls below an amount determined by the board of trustees.

What it reported doing in 2020

The clinic provides medical care to those with no form of health insurance and who do not qualify for state or federal assistance.

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. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 100
  • Sustainability: 53
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -14.5%; rating input score 33; 33rd percentile among comparable filings
  • Total-asset coverage ratio: 5.05; rating input score 77; 77th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 73; 73rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -3.6% per year; rating input score 0; 51st percentile among comparable filings
  • Revenue growth: -6.2% per year; rating input score 0; 43rd percentile among comparable filings
  • Asset growth: -6.6% per year; rating input score 0; 21st percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $35K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 11 filing years from 2010 to 2020
  • 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.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 33/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.