2024-11-15T20:15:13-07:00 2023-12-31 990 2023-01-01 471971599 LANTERN NETWORK LANT 2053965324 300 Alby Street Alton IL 62002 Hugh Halter President 6184338870 2024-11-13 1 2023 2024-10-15 13:58:12Z Hugh Halter 26066 Elsah Hills Drive Alton IL 62022 1022902 0 X www.lanternnetworkalton.org X 2018 IL To catalyze business and benovolence into a movement to help a depressed city thrive in all aspects of life. 5 3 22 25 0 0 311026 330234 0 0 0 0 342707 488821 653733 819055 22400 21265 0 0 533246 441227 0 0 0 388750 397073 944396 859565 -290663 -40510 702543 642134 74620 166737 627923 475397 To catalyze business and benevolence into a movement to help a depressed city thrive in all aspects of life. 0 0 755860 21265 983780 To be an incubator for "good works" in Alton, IL and the surrounding riverbend area. "Good works" include business incubator, residential and commercial property redevelopment, neighborhood spiritual and social communities, personal and professional life coaching, and social entrepreneurship. This program includes the Post Commons, Idle Roasting, Soul Craft Makers, Ri Beag Refuge, Mission Support, Central house, community development and benevolent activities, and general organization efforts which are all serving the organization mission and scope of activities. 103705 0 107120 This program supports Brave Cities which is a fiscal sponsor of Lantern Network. The mission of Brave Cities as working with Lantern Network is to locate, train, and equip pioneer leaders to build Kingdom ecosystems wishing existing cities to launch entrepreneurial startups, establish justice works, provide sustainability amount the impoverished, and to help the city thrive in all aspects of life. 0 0 0 Do not have a third program 0 0 0 859565 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 22 1 0 0 0 0 0 0 0 0 X 5 3 1 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 IL X Lindsey McCall 2053965324 300 Alby St Alton IL 62002 Taylor McCall Treasure/Secretary/ Board Member 30 0 X 63400 0 0 David McCann Post Commons Manager 40 0 X 55797 0 0 Justine Carlson Post Event Manager/Barista 30 0 X 38170 0 0 Shea Maples Post Kitchen Manager 40 0 X 35208 0 0 Natalie McGee Manager 20 0 X 30000 0 0 C Fleck Barista/ Roaster 30 0 X 27698 0 0 Kristen Gaither Lantern Staff 20 0 X 21878 0 0 Lindsey McCall Financial Director 20 0 X 18000 0 0 Hugh Halter President/ Board Member 20 0 X 0 0 0 Jeremy Stephens Board Member 5 0 X 0 0 0 Lucas Pulley Board Member 5 0 X 0 0 0 290151 0 0 0 0 0 0 7 0 0 0 0 0 330234 0 330234 0 0 0 0 0 0 0 0 0 0 692668 203847 488821 488821 0 0 0 819055 488821 0 0 21265 21265 0 0 0 0 441227 441227 0 0 9482 9482 1970 1970 16929 16929 53635 53635 23400 23400 17651 17651 27994 27994 19291 19291 Supplies and Materials 53516 53516 0 0 Equipment and Building Maitenance 140241 140241 0 0 Meals and Community Development 32964 32964 0 0 859565 859565 0 0 71557 32751 23806 35249 0 -4600 0 723403 149269 611780 574134 702543 642134 109923 113148 -35303 53589 74620 166737 X 0 0 421794 0 206129 475397 627923 475397 702543 642134 X -40510 0 0 0 0 -112016 X 1 X 0 1 0 X 423287 301836 735769 311026 330234 2102152 422905 288178 411541 521236 692668 2336528 846192 590014 1147310 832262 1022902 4438680 4438680 846192 590014 1147310 832262 1022902 4438680 1 1 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 647794 0 128511 519283 0 0 0 0 75609 0 20758 54851 0 0 0 0 574134 Right of Use Liability 40800 Revenue Clearing 12789 53589 1 Forge America PO Box 708 Frisco TX 75034 462651049 12500 0 The Purpose of This Grant Is To Support the Efforts of Our Sister Missional Training and Planting Organization. 1 0 Schedule I, Part I, Line 2 To effectively monitor grant funds, the nonprofit establishes clear policies, assigns a dedicated manager, and maintains separate budgets and accounts for each grant. Expenses are pre-approved, tracked in real time, and supported by detailed documentation. We use regular financial reconciliations to help ensure compliance, while timely reporting to keep funders and stakeholders informed. We train our Staff and the use of grant management tools streamline processes, and maintaining strong communication with funders ensures clarity on requirements. Lastly, we evaluate outcomes and aligning activities with grant goals demonstrate accountability and impact. Form 990, Part VI, Section A, Line 2 Taylor McCall is an employee of Brave Cities (fiscal sponsor) and is on the board and his wife, Lindsey McCall is the Financial Director for the Lantern Network. David McCann and Justine Carlson (both employees) are brother and sister. Hugh Halter President and Board member is married to Cheryl Halter who runs Ri Beag Refuge and daughter Alli Picos is a contractor for Ground Floor Collective. Form 990, Part VI, Section B, Line 11b Organization's process to review 990 is sent to the President for review prior to filing. Form 990, Part VI, Section B, Line 12c The board reviews all of the policy documents. Form 990, Part VI, Section B, Line 15 The process used to establish compensation is based on market rate research and positional needs. Form 990, Part VI, Section C, Line 19 The are not available to the public in general, but can be if requested and will be freely given. Form 990, Part XI, Line 9 This change is due to program service losses. An extension was filed and accepted before the original deadline, and return was completed by November 15, 2024.