Small Public Charity

THE LANTERN PROJECT

Based in ABILENE, TX, THE LANTERN PROJECT operates as a Small Public Charity. The organization reported $148K in revenue, $124K in expenses, $465K in total assets for fiscal year 2025. Imperigo tracks 3 reported grant relationships connected to this organization totaling approximately $24K.

EIN: 471403943 ABILENE, TX Public & Societal Benefit N.E.C. NTEE: W99 Latest filing: 2025
Total Revenue$148K
Total Expenses$124K
Total Assets$465K
Grant Records3
Funding Total$24K
Filing Years2021–2025

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.

Where $100 goes at The Lantern Project

How The Lantern Project divides every $100 it spends, from its own Form 990-EZ filings, averaged across 9 years.

$92 Programs the work itself
$8 Everything else operations and overhead

Form 990-EZ reports program spending but doesn't separate management from fundraising, so those are shown together.

Inside the $92 for programs

$92
Nicaragua
All program spending
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Source: Form 990-EZ filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

PRESIDENT Cody Forsberg
VICE PRESIDENT Lauren Whitener

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$23,575 3 grants

Financial Trends

Year Revenue Expenses Assets
2025 $148K $124K $465K
2024 $134K $89K $440K
2023 $30K $85K $395K
2022 $98K $177K $451K
2021 $40K $17K $530K

Between 2021 and 2025, reported annual revenue grew from $40K to $148K (+273%), with total assets most recently reported at $465K.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for THE LANTERN PROJECT

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