Lighthouse Network Inc

Nonprofit profile at a glance

EIN
200148690
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Pagosa Springs, CO, USA
Phone
8166008163
Rating
58
Verdict
MIXED
Rating confidence
Moderate
Sector
Christianity
Affiliation
Christianity

Reported finances

Revenue
$132,925
Expenses
$144,968
Assets
$10,650
Liabilities
$0

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

Leadership & pay

6 people listed

Executive titles in this filing

  • Teresa Craig (Vice President)
  • Thomas Craig (President)

Highest reported compensation

  • Teresa Craig (Vice President): $20,280 total reported compensation
  • Thomas Craig (President): $17,720 total reported compensation

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

Overview

Mission

Facilitating a network of Christian believers and ministries that prioritize worship and intercession in their expression of life and outreach to the nations of the Middle East.

What it reported doing in 2024

1. ICEJ Envision Conference Jerusalem In January-February 2024, Tom participated in the online ICEJ Envision Conference for pastors and leaders. He shared with the participants about the nations of the Middle East and their growing connection with God's heart and plan together with Israel, as prophesied in Isaiah 19:23-25.2. Ministry Activities in Jerusalem and Around Israel (January to April) During January to April 2024, we spent time sharing with those in need during the war with Hamas and Hezbollah. We traveled to the Old City of Jerusalem, northern Israel, etc., for various ministry activities and the development of relationships within Israel. 3. Tom's Trip to Germany In March 2024, Tom traveled to Germany to speak at a prayer conference with ICEJ. He spoke about our work and ministry to the Middle East nations.4. Tom's Trip to Cyprus In mid-April 2024, Tom traveled to Cyprus, at which time Iran attacked Israel, and Teresa was forced to our bomb shelter alone. Teresa joined Tom in Cyprus as soon as possible after the attack. We spent Easter in Cyprus together.5. Ministry Activities in Jerusalem and Around Israel (May and June) During May and June 2024, we continued our work in Israel and especially in the Old City of Jerusalem. Teresa worked on social media projects in her rooftop studio apartment in the Christian Quarter of the Old Cityfor prayer and regarding her creative evangelism activities. 6. Ministry Activities in Cyprus and Jerusalem (September and October) During September 2024, we continued our ministry work in Cyprus and Israel, especially in the Old City of Jerusalem. Iran attacked Israel again, and we were forced to the bomb shelters.7. Tom's Trip to USA In mid-October 2024, Tom traveled to Colorado, after the Iranian attack on Israel in early October. He went specifically to speak in churches and small groups about what was happening during the one year of war on seven fronts against Israel.8. Middle East Net Conference Cyprus In November 2024, our Lighthouse Network team hosted the annual Middle East Net Gathering in Larnaca, Cyprus. Over 60 people attended from several nations of the Middle East region. We worked with ICEJ to raise the financial sponsorships for various participants to attend from the Middle East nations.9. Ministry Activities in Jerusalem and Israel and Cyprus (November to December) During November to December 2024, Teresa continued ministry activity from the rooftop studio apartment in the Christian Quarter of the Old City. We also ministered together in places in Israel and Cyprus during this period.

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

MIXED - A large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and the filing reports few safeguards for money sent abroad.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 55
  • Accountability: 39
  • Sustainability: 24
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.8%; rating input score 82
  • Program expense ratio: 75%; rating input score 75
  • Fundraising efficiency: $18.34 raised per $1 spent on fundraising; rating input score 55; 55th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: Scored; rating input score 0
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 66.7%; rating input score 67; 18th percentile among comparable filings
  • Governance controls: 0 of 8 controls in place; rating input score 0
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -9.1%; rating input score 24; 24th percentile among comparable filings
  • Total-asset coverage ratio: 0.07; rating input score 5; 5th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 26.2%; rating input score 14; 14th percentile among comparable filings

Growth

  • Program expense growth: -3.1% per year; rating input score 0; 21st percentile among comparable filings
  • Revenue growth: 0.2% per year; rating input score 100; 25th percentile among comparable filings
  • Asset growth: -1.7% per year; rating input score 0; 19th percentile among comparable filings

Details

  • Where the money goes: 81.8% of revenue deployed · 75% of spending went to programs
  • Governance: 4 of 6 board members independent · 0 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $109K in reported program spending
  • Leadership: top reported pay $20K · 6 people listed
  • Consistency: 15 of 15 current checks pass
  • Schedules: 4 filed schedules · includes major donors and foreign activity
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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 — Accountability: Governance controls: 7 of 7 not reported.
  • High — Transparency & Controls: Foreign activity oversight scored 0/100.
  • High — Transparency & Controls: Grant itemization coverage scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Financial Efficiency: Fundraising efficiency scored 55/100.
  • High — Sustainability: Operating margin scored 24/100.
  • High — Sustainability: Total-asset coverage ratio scored 5/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 14/100.