NonprofitsLantern Network

Youth Development

Lantern Network

BRENTWOOD, TN

Total revenue

$355K

Total expenses

$306K

Net assets

$126K

Grants received

$303K

11 grants

EIN

852126429

Tax year

2024

Mission

a public charity to provide mentorship and entrepreneurship for underestimated American youth

Financials

FY 2024

Revenue

Contributions & grants$346K
Program service revenue
Investment income
Other revenue$9K
Total revenue$355K

Expenses

Grants paid
Salaries & benefits$85K
Fundraising$12K
Other expenses$222K
Total expenses$306K
Total assets$126K
Net assets$126K

People

7 listed

NameRoleCompensation

Francis Price

Board Member

Board

1 hrs/wk

Jerry Heuer

Board Member

Board

1 hrs/wk

Erwin Raphael

Chair

Board

1 hrs/wk

Festus Ayeni

Board Member

Board

1 hrs/wk

Sam Raphael

Board Member

Board

1 hrs/wk

Marilyn Raphael

Board Member

Board

1 hrs/wk

Tracy Davis

Executive Director

Staff

$78K

60 hrs/wk

Grants received

Showing 11 of 11

FromAmountPurposeYear
$16K
YOUNG BLACK AMERICANS MENTORSHIP NETWORK
2024
$60K
For grant recipient's exempt purposes
2023
$50K
IN SUPPORT OF PROGRAMS IN FURTHERANCE OF NBA FOUNDATION'S MISSION
2023
$3K
CHARITABLE
2023
$50K
For grant recipient's exempt purposes
2022
$12K
COMMUNITY & HUMAN SERVICES
2022
$6K
Contribution
2022
$3K
CHARITABLE
2022
$1K
MATCHING GIFTS
2022
$51K
For grant recipient's exempt purposes
2021
$51K
For grant recipient's exempt purposes
2021

Funded by

$303K from 7 funders · 11 grants · 2021–2024

Fidelity Investments Charitable Gift Fund

$212K · 4 grants · 2021–2023

National Basketball Association

$50K · 1 grant · 2023

The Wfg Foundation Inc

$16K · 1 grant · 2024

The Ayco Charitable Foundation

$12K · 1 grant · 2022

James B Tafel Foundation

$6K · 2 grants · 2022–2023

Frontstream Global Fund

$6K · 1 grant · 2022

Ge Foundation

$1K · 1 grant · 2022

Details

EIN852126429
NTEE codeO50
Subsection03
Ruling date2020-11
Formed2020
Employees2
Volunteers10
LANTERN NETWORK — Mission, Financials & Grants Received | Grantivo