2024-11-16T04:49:59-05:00 2023-12-31 990 2023-01-01 820863876 Hillman Accelerator % Candice Matthews Brackeen HILL 5133248571 2900 Reading Road Cincinnati OH 45206 Candice Brackeen CEO 2024-11-16 2023 2024-10-15 13:58:12Z Lightship Foundation Candice Matthews Brackeen 2900 Reading Road Cincinnati OH 45206 4060306 false X lightship.foundation X 2017 OH LIGHTSHIP FOUNDATION PROVIDES SUPPORT FOR EARLY STAGE COMPANIES LED BY UNDERREPRESENTED INDIVIDUALS TO OBTAIN SEED FUNDING FOR THEIR DEVELOPING COMPANIES 2 1 8 70 0 0 1859273 4060306 389455 0 603 0 2299 0 2251630 4060306 50000 0 0 0 1110691 1214246 0 0 353461 1444887 2748676 2605578 3962922 -353948 97384 851840 949224 0 0 851840 949224 LIGHTSHIP FOUNDATION PROVIDES SUPPORT FOR EARLY STAGE COMPANIES LED BY UNDERREPRESENTED INDIVIDUALS TO OBTAIN SEED FUNDING FOR THEIR DEVELOPING COMPANIES. false false 1239678 0 1491336 LAUNCHED JULY 10 2017 WITH THREE TECH-ENABLED COMPANIES LIGHTSHIP BROUGHT TOGETHER SEVERAL LEADERS AND BUSINESS ADVISORS WITHIN THE TECH ECOSYSTEM THROUGHOUT THE STATE TO PROVIDE SUPPORT FOR BUSINESS MODELING MARKETING FUNDRAISING AND CAPITAL RESOURCES TO HELP SUPPORT BUSINESS GROWTH PER ITS MANDATE. THROUGHOUT THE YEAR LIGHTSHIP HAS MADE TREMENDOUS EFFORTS AND ENJOYED INITIAL SUCCESS IN PARTNERING WITH LOCAL REGIONAL AND NATIONAL COMPANIES IN INCREASING ENGAGEMENT AND VISIBILITY FOR LIGHTSHIP COHORT COMPANIES ASSISTING THEM WITH POTENTIAL SALES CHANNELS AND BUSINESS GROWTH OPPORTUNITIES FOR SCALE. LIGHTSHIPS COMPANIES ARE ON TRACK TO BE CONTRIBUTORS TO THE OHIO THIRD FRONTIER DIVERSE BUSINESS DEVELOPMENT PROGRAM IN RAISING CAPITAL PROVIDING EMPLOYMENT OPPORTUNITIES AND AFFECTING CHANGE TO UNDERREPRESENTED COMMUNITIES IN TECH CAREERS. 0 0 0 0 0 0 0 0 0 1239678 true true false false false false false false false false true false true true true false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 8 0 true 8 true false false false false false false false 0 false false false false false X 2 1 false false false false false false false true true false false true true true false false false true true false X Lauren Delaurier LKD Services LLC 5133248571 2900 Reading Road Cincinnati OH 45206 Maurice Coffey Board Member 4.00 0.00 X 0 0 0 Candice Brackeen CEO 40.00 0.00 X 312839 0 8042 312839 0 8042 0 false true false 1011 PRIME LLC 10030 SW 8 ST PEMBROKE PINES FL 33025 Project Management 117500 Vanessa Misoon 1720 24th Ave N Nashville TN 37208 Communications strategy 121650 0 0 0 0 532378 3527928 0 4060306 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4060306 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1130604 904483 113060 113060 0 0 0 0 8042 6434 804 804 75600 60480 7560 7560 0 0 0 0 3693 0 3693 0 460 0 460 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 11982 11982 0 0 5000 4000 500 500 4500 3600 450 450 0 0 0 0 32000 25600 3200 3200 18500 14800 1850 1850 0 0 0 0 22000 17600 2200 2200 0 0 0 0 0 0 0 0 10000 8000 1000 1000 0 0 0 0 Misc 2640541 182699 222837 222837 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3962922 1239678 357614 353461 0 0 0 0 816799 325757 10041 0 0 0 25000 356324 0 0 0 0 0 0 0 0 0 0 58711 13050 0 45661 0 0 0 0 0 0 0 0 0 221482 851840 949224 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 851840 949224 0 0 851840 949224 851840 949224 97384 0 0 0 0 0 X false false false X 748108 1776169 1083094 1859273 454944 5921588 0 0 0 0 0 0 0 0 0 0 0 0 748108 1776169 1083094 1859273 454944 5921588 5921588 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5921588 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 0 0 58711 13050 45661 45661 Excited LLC 0 F 0 Acquired assets 221482 221482 0 true true X X X X false false false false false false false false false Candice Brackeen CEO 312839 0 0 0 0 0 0 0 8043 0 320882 0 0 0 Part VI, Line 15 Official meeting and approval by the board Part VI Line 2 | Explanation:| ENTREPRENEUR IN RESIDENCE BRIAN BRACKEEN IS THE HUSBAND OF THE CEO. Part VI Line 11 | Explanation:| FORM 990 IS SHARED DIGITALLY WITH THE BOARD BEFORE FILING FOR REVIEW AND APPROVAL. Part VI Line 12 | Explanation:| IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF HIS OR HER FINANCIAL INTEREST AND MUST BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH BOARD-DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON HE OR SHE SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. EACH DIRECTOR PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH BOARD-DELEGATED POWERS SHALL SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON A HAS RECEIVED A COPY OF THE POLICY; B HAS READ AND UNDERSTANDS THE POLICY; C HAS AGREED TO COMPLY WITH THE POLICY; AND D UNDERSTANDS THE CORPORATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. Part VI Line 15 | Explanation:| THE CURRENT PROCESS FOR COMPENSATION INCLUDES AN INDEPENDENT REVIEW OF COMPARABLE SALARY AND BENEFITS TO THE MARKET. THE ITEMS ARE REVIEWED BY HILLMANS NON-PROFIT COUNSEL AT TAFT. COMPENSATION AMOUNTS HAVE BEEN SET BY THE BOARD SINCE THE INCEPTION OF THE ORGANIZATION IN 2017 AND IS REVIEWED AT THE YEAR-END BOARD MEETING TYPICALLY HELD IN DECEMBER OF EACH CALENDAR YEAR. AT THIS TIME THE EXECUTIVE DIRECTOR IS THE ONLY OFFICER DIRECTOR THAT IS COMPENSATED. Part VI Line 19 | Explanation:| THE ORGANIZATIONS DOCUMENTS ARE AVAILABLE UPON REQUEST.