Nonprofit · EIN 47-1403943
LANTERN PROJECT
Tax-exempt · ABILENE, TX 79604
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $148,253 | $123,889 | $24,364 | $464,764 | $0 | $464,764 |
| December 31, 2024 | 990-EZ | $134,250 | $89,264 | $44,986 | $440,400 | $0 | $440,400 |
| December 31, 2023 | 990-EZ | $30,049 | $85,241 | -$55,192 | $395,414 | $0 | $395,414 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $148,253
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $106,000
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fees and payments to contractors
- $3,970
- Printing, publications and postage
- $166
- Other expenses
- $13,753
- Program services (functional)
- $117,326
Balance sheet and other
- Total assets, start of year
- $440,400
- Total assets, end of year
- $464,764
- Total liabilities, end of year
- $0
- Net assets, end of year
- $464,764
- Cash, savings and investments
- $464,333
- Gross receipts
- $148,253
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CODY FORSBERG | PRESIDENT | 1 | $0 |
| LAUREN WHITENER | VICE PRESIDENT | 1 | $0 |
990-EZ for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CODY FORSBERG | PRESIDENT | 2 | $0 |
| LAUREN WHITENER | VICE PRESIDENT | 1 | $0 |
990-EZ for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEVIN PORTER | PRESIDENT | 2 | $0 |
| RONALD JOHNSON | VICE PRESIDENT | 2 | $0 |
| CODY FORSBERG | TREASURER | 2 | $0 |
| PAM LANGLEY | SECRETARY | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 72, ABILENE, TX 79604-0072
- In care of
- % KEVIN PORTER
- Signed the 990-EZ
- CODY FORSBERG, PRESIDENT
- Phone
- (979) 575-0771
- Return prepared by
- EASY OFFICE DBA JITASA
Mission
THE OVERALL MISSION OF THE LANTERN PROJECT 1) TO ASSIST PEOPLE WITH BARRIERS TO EMPLOYMENT BY PROVIDING VOCATIONAL EDUCATION, WORK TRAINING, AND SUPPORT SERVICES, 2) TO PROVIDE A FAITH-BASED PROGRAM DESIGNED TO TEACH LIFE SKILLS TO PEOPLE WITH BARRIERS IN LIFE, 3) TO PROVIDE OR FACILITATE BUILDING PROJECTS, WATER WELLS, HUMANITARIAN PROJECTS IN FOREIGN COUNTRIES AND NORTH AMERICA. THE LANTERN PROJECT FEELS STRONGLY THAT THERE EXISTS A RISING DEMAND FOR SKILLED LABORERS, AND THE ORGANIZATION CAN ASSIST WITH FILLING THIS DEMAND BY EQUIPPING EAGER AND HARDWORKING MULTI-NATIONALS, VETERANS, AND OTHER INDIVIDUALS WHO LACK ACCESS TO GOOD TRAINING PROGRAMS AND LIFE SKILL PROGRAMS. THE ORGANIZATION'S CURRENT FOCUS IS ON TRAINING AND ASSISTING REFUGEES.
Program accomplishments
- NICARAGUA: THIS PROGRAM FOCUSED ON SUPPORT FOR MEAL AND EDUCATION PROGRAMS FOR A SCHOOL IN LOS BRASILES AND MANAGUA, NICARAGUA. ADDITIONALLY, VARIOUS OUTREACHES TO CHILDREN AND FAMILIES IN POVERTY.Expenses $117,326 · grants $106,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 47-1403943
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W99)
- Assets (IRS master file)
- $464,764
- Income (IRS master file)
- $148,253
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $148,253 | $123,889 | $464,764 | XML |
| 990-EZ | December 2024 | $134,250 | $89,264 | $440,400 | XML |
| 990-EZ | December 2023 | $30,049 | $85,241 | $395,414 | XML |
| 990 | December 2022 | $97,926 | $177,383 | $450,606 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-1403943).
Questions about LANTERN PROJECT
- What is the EIN of LANTERN PROJECT?
- The employer identification number (EIN) of LANTERN PROJECT is 47-1403943.
- Is LANTERN PROJECT tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to LANTERN PROJECT tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LANTERN PROJECT file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LANTERN PROJECT due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LANTERN PROJECT last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of LANTERN PROJECT?
- The 990-EZ for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does LANTERN PROJECT have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $148,253, expenses of $123,889 and total assets of $464,764 at year end.
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All nonprofits in ABILENE · Texas · Public and societal benefit