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Jack H And William M Light Charitable Tr

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Human Services — Multipurpose and Other / Human Service Organizations - Multipurpose (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$1.15M (2024)

Expenses
$782k (2024)

Total Assets
$10M (2024)

Total Liabilities
$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,154,782
Expenses
$781,792
Net Income
$372,990
Net Assets
$10,023,770
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $246,134
21.3%
Sales of Assets $833,328
72.2%
Other Income $75,320
6.5%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $659,517
84.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $10,023,770
Total Liabilities $0
Net Assets $10,023,770
Compensation
Key Employees and Officers Compensation Other
Susan Light Lawhon Padon (Director) $0 $0
David Light Iii (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$958,725
Expenses
$774,315
Net Income
$184,410
Net Assets
$9,629,340
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $229,960
24.0%
Sales of Assets $642,399
67.0%
Other Income $86,366
9.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $683,378
88.3%
Compensation of Officers* $111,761
14.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $9,629,340
Total Liabilities $0
Net Assets $9,629,340
Compensation
Key Employees and Officers Compensation Other
Broadway National Bank (Trustee) $111,761 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$987,595
Expenses
$833,240
Net Income
$154,355
Net Assets
$9,439,917
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $215,536
21.8%
Sales of Assets $654,660
66.3%
Other Income $117,399
11.9%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $714,833
85.8%
Compensation of Officers* $112,586
13.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $9,439,917
Total Liabilities $0
Net Assets $9,439,917
Compensation
Key Employees and Officers Compensation Other
Broadway National Bank (Trustee) $112,586 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$860,045
Expenses
$724,527
Net Income
$135,518
Net Assets
$9,282,642
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $205,700
23.9%
Sales of Assets $606,267
70.5%
Other Income $48,078
5.6%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $638,896
88.2%
Compensation of Officers* $119,880
16.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $9,282,642
Total Liabilities $0
Net Assets $9,282,642
Compensation
Key Employees and Officers Compensation Other
Broadway National Bank (Trustee) $119,880 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$777,980
Expenses
$663,018
Net Income
$114,962
Net Assets
$9,003,387
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $184,399
23.7%
Sales of Assets $554,681
71.3%
Other Income $38,900
5.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $591,103
89.2%
Compensation of Officers* $101,211
15.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $9,003,388
Total Liabilities $1
Net Assets $9,003,387
Compensation
Key Employees and Officers Compensation Other
Broadway National Bank (Trustee) $101,211 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,007,143
Expenses
$662,676
Net Income
$344,467
Net Assets
$8,888,425
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $21,302
2.1%
Dividends $185,493
18.4%
Sales of Assets $754,257
74.9%
Other Income $46,091
4.6%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $580,468
87.6%
Compensation of Officers* $84,720
12.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $8,888,426
Total Liabilities $1
Net Assets $8,888,425
Compensation
Key Employees and Officers Compensation Other
Broadway National Bank (Trustee) $84,720 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,380,297
Expenses
$715,093
Net Income
$665,204
Net Assets
$8,543,959
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $14,650
1.1%
Dividends $196,332
14.2%
Sales of Assets $1,108,355
80.3%
Other Income $60,960
4.4%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $595,844
83.3%
Compensation of Officers* $81,272
11.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $8,543,959
Total Liabilities $0
Net Assets $8,543,959
Compensation
Key Employees and Officers Compensation Other
Broadway National Bank (Trustee) $81,272 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$666,578
Expenses
$642,328
Net Income
$24,250
Net Assets
$7,878,755
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $212,539
31.9%
Sales of Assets $412,472
61.9%
Other Income $41,567
6.2%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $558,227
86.9%
Compensation of Officers* $77,241
12.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $7,878,755
Total Liabilities $0
Net Assets $7,878,755
Compensation
Key Employees and Officers Compensation Other
Broadway National Bank (Trustee) $77,241 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$349,839
Expenses
$601,188
Net Income
-$251,349
Net Assets
$7,855,099
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $203,775
58.2%
Sales of Assets $123,540
35.3%
Other Income $22,524
6.4%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $531,471
88.4%
Compensation of Officers* $67,941
11.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $7,855,099
Total Liabilities $0
Net Assets $7,855,099
Compensation
Key Employees and Officers Compensation Other
Broadway National Bank (Trustee) $67,941 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$495,224
Expenses
$729,453
Net Income
-$234,229
Net Assets
$8,106,448
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $203,636
41.1%
Sales of Assets $254,660
51.4%
Other Income $36,928
7.5%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $571,209
78.3%
Compensation of Officers* $65,417
9.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $8,106,448
Total Liabilities $0
Net Assets $8,106,448

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,060,563
Expenses
$572,182
Net Income
$488,381
Net Assets
$8,340,677
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $222,231
21.0%
Sales of Assets $790,114
74.5%
Other Income $48,218
4.5%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $512,474
89.6%
Compensation of Officers* $67,091
11.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $8,340,677
Total Liabilities $0
Net Assets $8,340,677

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$588,470
Expenses
$520,293
Net Income
$68,177
Net Assets
$7,852,296
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $194,186
33.0%
Sales of Assets $347,376
59.0%
Other Income $46,908
8.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $471,703
90.7%
Compensation of Officers* $63,406
12.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $7,852,296
Total Liabilities $0
Net Assets $7,852,296

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$451,369
Expenses
$547,514
Net Income
-$96,145
Net Assets
$7,784,119
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $213,670
47.3%
Sales of Assets $192,107
42.6%
Other Income $45,592
10.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $499,296
91.2%
Compensation of Officers* $61,076
11.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $7,784,119
Total Liabilities $0
Net Assets $7,784,119

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$369,500
Expenses
$522,326
Net Income
-$152,826
Net Assets
$7,880,264
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $70,972
19.2%
Interest Revenue $0
Dividends $200,108
54.2%
Sales of Assets $50,470
13.7%
Other Income $47,950
13.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $471,461
90.3%
Compensation of Officers* $61,222
11.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $7,880,264
Total Liabilities $0
Net Assets $7,880,264

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2000

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
1999

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
1998

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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