The Steven a Lightman Family Foundation

Nonprofit profile at a glance

EIN
264077303
IRS 990-EZ coverage
2010–2013
Forms available
Form 990-EZ 2013
Location
Tucson, AZ, USA
Phone
5205770388
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Private Independent Foundations
Affiliation
Judaism

Official website

Reported finances

Revenue
$5,394
Expenses
$33,382
Assets
$176,740

Source: IRS Form 990-EZ. Selected filing: tax year 2013. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • Steven A Lightman (President & CEO)
  • Lindsay Jo Lightman (Vice President)
  • Nicole Sally Lightman (Vice President)
  • Brenna Lacey (Vice President)

People named in this filing

  • Steven A Lightman (President & CEO)
  • Lindsay Jo Lightman (Vice President)
  • Nicole Sally Lightman (Vice President)

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 2013. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Steven A. Lightman Family Foundation is a Supporting Organization of the Jewish Community Foundation of Southern Arizona. It is operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of the Jewish Community Foundation of Southern Arizona, a 501(c)(3) organization.

What it reported doing in 2013

In 2013, the Lightman Foundation distributed 8 grants totaling $26,840 to 6 different 501(c)(3) organizations. The populations served covered all ages, but primarily youth. The programs included family support and counseling, education enrichment for youth, helping families with special needs and a school building project. These projects potentially reached 15,000 students through schools where programs were implemented, 4,500 special needs children and families and 300 mothers.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Grant intermediary. The nonprofit sent 97% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 94
  • Transparency & Controls: 82
  • Sustainability: 33
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 82.8%; rating input score 83

Transparency & Controls

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

Sustainability

  • Operating margin: -518.9%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 5.29; rating input score 85; 85th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings

Growth

  • Program expense growth: -3.6% per year; rating input score 0; 44th percentile among comparable filings
  • Revenue growth: -25.2% per year; rating input score 0; 18th percentile among comparable filings
  • Asset growth: -13% per year; rating input score 0; 22nd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 82.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $28K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2010 to 2013
  • 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 — Sustainability: Operating margin scored 2/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 57/100.