Lantern Lane Farm Inc is a 501(c)(3) organization based in Mount Juliet, Tennessee, registered in 2010, with $2,275,791 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$2.3M
▲ 1.5% vs prior year
Mental Health median: $333K
Expenses (FY2024)
$2.3M
Net assets
$538K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Lantern Lane Farm Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Lantern Lane Farm Inc: 3 mo reserves · -0% margin earns a B on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Lantern Lane Farm Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Lantern Lane Farm Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $91K (FY2011) to $2.3M (FY2024) across 14 reported years.
Financial snapshot
Operating margin
-0.3%
Spent more than it raised in the latest fiscal year.
Total assets
$1.2M
Total liabilities
$701K
Net assets
$538K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,275,791▲1.5% | $2,281,534▲2.8% | $537,525▼1.1% | $1,238,055▼4.7% | 990 |
| 2023 | $2,242,667▲11.9% | $2,220,114▲14.2% | $543,268▲4.3% | $1,298,514▲0.6% | 990 |
| 2022 | $2,003,740▲37.4% | $1,943,803▲45.4% | $520,715▲13.0% | $1,291,309▲10.1% | 990 |
| 2021 | $1,457,853▲35.0% | $1,337,070▲51.3% | $460,775▲35.5% | $1,173,148▲10.2% | 990 |
| 2020 | $1,079,871▲32.6% | $883,491▲30.0% | $339,992▲137% | $1,064,370▲304% | 990 |
| 2019 | $814,356▲37.6% | $679,529▲21.0% | $143,612▲7031% | $263,523▲125% | 990 |
| 2018 | $591,849▲23.4% | $561,512▲15.8% | -$2,072▲68.6% | $117,220▲2.0% | 990 |
| 2017 | $479,439▲14.3% | $484,692▲14.5% | -$6,593▼392% | $114,914▼6.0% | 990 |
| 2016 | $419,307▲46.2% | $423,276▲48.3% | -$1,340▼151% | $122,303▲3.0% | 990 |
| 2015 | $286,887▲6.8% | $285,354▼2.2% | $2,629▲140% | $118,750▲8.7% | 990 |
| 2014 | $268,577▼2.9% | $291,810▲1.5% | $1,096▼95.5% | $109,222▲27.2% | 990 |
| 2013 | $276,571▲62.6% | $287,573▲124% | $24,329▼31.1% | $85,835▲143% | 990 |
| 2012 | $170,123▲86.9% | $128,436▲83.7% | $35,330▲656% | $35,330▲146% | 990EZ |
| 2011 | $91,047 | $69,935 | -$6,357 | $14,349 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
11 grants to Lantern Lane Farm Inc totaling $122K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Donor Advised Charitable Giving | Health | 2023 | $20,000 |
| The Community Fdn of Middle Tn Inc | Providing families access to mental health wellness through affordable counseling services by certified professional counselors, along with free childcare services. | 2023 | $6,500 |
| Donor Advised Charitable Giving | Health | 2022 | $20,000 |
| The Community Fdn of Middle Tn Inc | For your participation in the big payback 2022 | 2022 | $6,272 |
| National Christian Charitable Foundation | Growth | 2022 | $5,500 |
| National Christian Charitable Foundation | Growth | 2022 | $5,500 |
| The Community Fdn of Middle Tn Inc | To provide counseling for severe storm and flood survivors. | 2021 | $25,000 |
| The Community Fdn of Middle Tn Inc | To provide counseling and mental health support to tornado survivors | 2020 | $10,000 |
| The Community Fdn of Middle Tn Inc | Human services | 2020 | $1,192 |
| The Community Fdn of Middle Tn Inc | Human services | 2018 | $12,500 |
| National Christian Charitable Foundation | Growth | 2018 | $10,000 |
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Data for Lantern Lane Farm Inc (EIN 26-3764801) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.