The main source of income for TLC is the contributions made through Lightkeeper Partnerships by Individuals, Foundations, and Corporations. These contributions fund TLC Management and General Expenses, fundraising expenses, and website development.
Another source of income for TLC is the 5% Admin Fee. This fee is deducted from each donation made to TLC in the name of a Client. Eventually, as the Lightkeeper Partnerships increase, it is hoped that the 5% Admin Fee will not be required.
The details below are for 2008 - 2009.
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| | | Lightkeeper Partnerships | | | | | | | | | | | Individuals | | $ 28,622 | | Foundations | | $ 3,200 | | Corporations | | $ 23,374 | | 5% Admin Fee | | $ 12,377 | | Total | | $ 67,573 | | | | | | | | | | | | | | |
| We need your generous contributions to fund administrative expenses and to better server our Clients. | |
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The above details have been Financially Reviewed by DOUG COLLIER CPA & ASSOCIATED PS
All money given to The Lighthouse Community is subject to the rules governing a 501(c)(3) not for profit organization. The code clearly states that all monies collected are subject to the sole discretion of The Lighthouse Community Board. Donors may suggest how their funds will be disbursed; however, TLC is not limited to, or bound in any way by, the expressed will of the donor. Learn More
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