Lightsys Technology Services Inc

Nonprofit profile at a glance

EIN
582456306
IRS 990 coverage
2020–2024
Forms available
Form 990 2024
Location
Colorado Springs, CO, USA
Phone
4045309797
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Support N.E.C.
Affiliation
Christianity

Official website

Reported finances

Revenue
$288,665
Expenses
$291,328
Assets
$136,666
Liabilities
$4,318

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

Leadership & pay

6 people listed

Executive titles in this filing

  • Gregory Beeley (President/CEO and Board Member)
  • Timothy Young (Vice-President and Board Member)

Highest reported compensation

  • Gregory Beeley (President/CEO and Board Member): $78,440 total reported compensation
  • Timothy Young (Vice-President and Board Member): $52,200 total reported compensation

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

Overview

Mission

LightSys exists for the worship of God; for assisting in the fulfillment of Jesus Christ's great commission; and for the discipleship, mobilization, and encouragement of believers in Jesus. These purposes include, without limitation, the provision of IT consulting, IT training, software services, and missions mobilization, to missionaries and non-profit Christian missions organizations.

What it reported doing in 2024

Program: Missions Mobilization, Discipleship, and Training. During 2024 we carried on discipleship and training activities in conjunction with our consulting work. We also emphasized discipleship and training in our one-year and summer internship programs, with one intern participating during 2024. We hosted the 2024 International Conference on Computing and Mission with 67 in attendance, with a focus on prayer, worship, Bible teaching, fellowship, and 19 formal and 12 informal workshops and break-out sessions on various leadership, technology, and spiritual growth topics. Our goal with this event is to build up the body of Christ by encouraging and empowering the work of evangelism around the world. We also helped to encourage two other ICCM conferences in Africa. We also visited two universities in person, speaking to students one-on-one and in classes, seeking to encourage and mobilize people with Spirit-led technology skills (particularly computer science) to get involved in world missionary work. We mailed out (for free) over 150 copies of our 10/40 Window prayer and mobilization poster to people who requested it, and gave away many copies of the poster in person as well.

Operating model

Revenue model
Donor-supported. 93% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 99% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 86
  • Accountability: 50
  • Sustainability: 29
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 85.1%; rating input score 85
  • Program expense ratio: 84.2%; rating input score 84
  • Fundraising efficiency: $16.31 raised per $1 spent on fundraising; rating input score 52; 52nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 22nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • 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: 2 of 8 controls in place; rating input score 25
    • 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: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -0.9%; rating input score 37; 37th percentile among comparable filings
  • Total-asset coverage ratio: 0.47; rating input score 23; 23rd percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 36; 36th percentile among comparable filings
  • Officer compensation ratio: 44.8%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: 6.5% per year; rating input score 100; 60th percentile among comparable filings
  • Revenue growth: 4.3% per year; rating input score 100; 48th percentile among comparable filings
  • Asset growth: 9.8% per year; rating input score 100; 65th percentile among comparable filings

Details

  • Where the money goes: 85.1% of revenue deployed · 84.2% of spending went to programs
  • Governance: 4 of 6 board members independent · 2 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $245K in reported program spending
  • Leadership: top reported pay $78K · 6 people listed
  • Consistency: 43 of 44 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 4 filing years from 2020 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: 5 of 7 not reported.
  • Review — Financial Efficiency: Fundraising efficiency scored 52/100.
  • Moderate — Sustainability: Operating margin scored 37/100.
  • High — Sustainability: Total-asset coverage ratio scored 23/100.
  • High — Sustainability: Officer compensation ratio scored 5/100.
  • Review — Transparency & Controls: Foreign grants require schedule f did not reconcile in the filed values.
  • Moderate — Sustainability: Liabilities to assets ratio scored 36/100.