Lighthouse Collective Foundation

Legal name: Lighthouse Collective Foundation Inc

Nonprofit profile at a glance

EIN
922429737
IRS 990 coverage
2023–2025
Official website data refreshed
Sep 2026
Forms available
Form 990 2025
Location
Asheville, NC, United States
Phone
828-556-8424
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Temporary Housing

Official website

Reported finances

Revenue
$261,368
Expenses
$292,059
Assets
$26,776
Liabilities
$1,634

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • RYAN LOGAN (President)
  • MICAH LOGAN (Vice-President Treasurer)

Highest reported compensation

  • RYAN LOGAN (President): $4,079 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Every man deserves a place to begin again. Lighthouse Collective Foundation funds scholarships for sober living and transitional housing, and for the workforce development that turns a safe place to live into lasting independence. We are not a treatment program and we do not run homes; we help men in recovery afford the housing and training they need. Housing scholarships** We cover the cost of sober living and transitional housing, so a man in recovery has a safe, stable place to rebuild. Workforce development** Scholarships and connections to NC's Employment Independence pathway for adults with disabilities; training that leads to real work.

What it reported doing in 2025

Recovery Home Finder Platform: A free mobile application and companion website www.recoveryhomefinder. com functioning as a real-time publicly searchable directory of open beds in recovery homes sober living residences and halfway houses. The platform addresses a chronic gap in the continuum of recovery care by enabling case managers social workers detox facilities treatment centers and housing specialists to locate appropriate placements during the narrow window following inpatient discharge or crisis intervention. Relaunched with significant updates in February 2025; published on the Apple App Store and Google Play Store and provided at no cost to users. By early 2026 the platform is utilized by more than 90 percent of recovery sober living and halfway house operators in Western North Carolina with expansion to additional regions under development. All intellectual property is owned by LCF pursuant to a written Intellectual Property Assignment Agreement with the platforms principal developer.

Operating model

Revenue model
Other-operating. 100% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 89% 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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 93
  • Accountability: 45
  • Sustainability: 17
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 98.4%; rating input score 98
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 98.9%; rating input score 99; 61st percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 50%; rating input score 50; 19th percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -11.7%; rating input score 17; 17th percentile among comparable filings
  • Total-asset coverage ratio: 0.09; rating input score 6; 6th percentile among comparable filings
  • Liabilities to assets ratio: 0.06; rating input score 26; 26th percentile among comparable filings
  • Officer compensation ratio: 1.4%; rating input score 34; 34th percentile among comparable filings

Growth

  • Program expense growth: 57.6% per year; rating input score 100; 96th percentile among comparable filings
  • Revenue growth: 22.1% per year; rating input score 100; 88th percentile among comparable filings
  • Asset growth: -60.5% per year; rating input score 0; 1st percentile among comparable filings

Details

  • What they do: 1 operating location identified
  • Where the money goes: 100% of revenue deployed · 98.4% of spending went to programs
  • Governance: 2 of 4 board members independent · 3 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $287K in reported program spending
  • Leadership: top reported pay $4K · 4 people listed
  • Consistency: 41 of 41 current checks pass
  • Schedules: 4 filed schedules · includes grants
  • Filing history: 3 filing years from 2023 to 2025
  • 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 — Accountability: Independent voting board scored 50/100.
  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • High — Sustainability: Operating margin scored 17/100.
  • High — Sustainability: Total-asset coverage ratio scored 6/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 26/100.
  • Moderate — Sustainability: Officer compensation ratio scored 34/100.