Lighthouse Foundation
Nonprofit profile at a glance
- EIN
- 384070487
- IRS 990-EZ coverage
- 2021–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2021
- Location
- Desoto, TX, USA
- Rating
- 48
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Management & Technical Assistance
Reported finances
- Revenue
- $4,700
- Expenses
- $7,500
- Assets
- $3,968
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- Ronovan chaisson (Founder CEO)
People named in this filing
- Ronovan chaisson (Founder CEO)
- Will Anderson (Vice-Chairperson)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Lighthouse Foundations dba Clearpath Discoverys is a registered 501c3 nonprofit organization that provides a clear and concise career path for high school students 9th - 12th grade and college students all over the United States. We see theres a huge disconect on preparing students on finding the right career before they risk loss of time money mental and physical pressures of life and disappointing themsleves and their family.
What it reported doing in 2025
The organization raised money to take high school students on atleast 4 college tours in Texas amd outside of Texas.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 28
- Transparency & Controls: 82
- Sustainability: 21
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 31.9%; rating input score 32
- Program expense ratio: 20%; rating input score 20
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -59.6%; rating input score 11; 11th percentile among comparable filings
- Total-asset coverage ratio: 0.53; rating input score 33; 33rd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -4.4% per year; rating input score 0; 37th percentile among comparable filings
- Revenue growth: -20.9% per year; rating input score 0; 15th percentile among comparable filings
- Asset growth: -23.7% per year; rating input score 0; 9th percentile among comparable filings
Details
- Where the money goes: 31.9% of revenue deployed · 20% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $2K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2021 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 32/100.
- High — Financial Efficiency: Program expense ratio scored 20/100.
- High — Sustainability: Operating margin scored 11/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.