2025-08-24T16:49:28-04:00 2024-09-30 990 2023-10-01 850842918 LANTERNS GLOBAL INC % Saul Moreno LANT 8053144533 5425 CARPINTERIA AVE UNIT 159 CARPINTERIA CA 930147010 Saul Moreno Executive Director 2025-08-25 false 2023 2025-03-06 01:10:19Z Saul Moreno 4465 El Carro Lane Carpinteria CA 93013 266195 false X X 2020 CA Without limitation to creating developing and sustaining charitable programs focused on empowering current and future generations through educational physical and social means. Among other charitable programs the Corporation shall engage in the following activities on a domestic and global basis: 1 create and provide educational enrichment programs in general educational studies languages sciences and other educational disciplines to assist both children and adults go deeper in a field and be lifelong learners; 2 design and implement educational programs and skills based learning opportunities for at-risk children low-income and or marginalized individuals and other individuals and groups with economic physical spiritual and or emotional needs; and 3 develop and sustain hands-on educational and agricultural programs that promote teach and implement sustainable land use environmental and agricultural practices. 5 3 18 65 0 0 4159 262036 0 0 266195 0 0 170534 0 0 75750 246284 19911 11014 5082 5932 X Among other charitable programs the Corporation shall engage in the following activities on a domestic and global basis: 1 create and provide educational enrichment programs in general educational studies languages sciences and other educational disciplines to assist both children and adults go deeper in a field and be lifelong learners; 2 design and implement educational programs and skills based learning opportunities for at-risk children low-income and or marginalized individuals and other individuals and groups with economic physical spiritual and or emotional needs; and 3 develop and sustain hands-on educational and agricultural programs that promote teach and implement sustainable land use environmental and agricultural practices. The Corporation may own rent and or finance the purchase of real property to facilitate the accomplishment of the above tax-exempt purposes. false false 199342 0 262036 Carpinteria Childrens Farm is our main program that we ran this year. Carpinteria Childrens Farm provides educational enrichment programs in general education studies languages sciences and other educational disciplines to assist both children and adults to grow deeper in a field and be lifelong learners as well as develop and sustaining hands-on educational and agricultural programs that promote teach and implement sustainable land use environmental and agricultural practices as such as the Carpinteria Childrens Farm we ran academic school programs as well as summer camps. Our four main programs that we ran at the Carpinteria Childrens Farm were Farm To Table Learning El Jardin Spanish immersion and gardening program Tides Marine biology program and Terrain outdoor forest program. 199342 true false false false false false false false false false true false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 18 true false false false false false false false 0 false false false false false false false X 5 3 true false false false false false false true true false false false true true false true false true true false CA X Saul Moreno 8053144533 4465 El Carro Lane Carpinteria CA 93013 Megan Moreno Secretary Director 18.00 0.00 X X 16843 0 0 Saul Moreno CEO 30.00 0.00 X X 16220 0 0 Brittney Crooks Director 0.00 0.00 X 0 0 0 Whitney Noll Director 0.00 0.00 X 0 0 0 Garrett Meade CFO 1.00 0.00 X 0 0 0 33063 0 0 0 false false false 0 0 0 0 0 4159 0 4159 Educational Support Services 611710 262036 262036 0 0 262036 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 266195 262036 0 0 170534 137035 33499 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 2278 0 2278 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7123 7123 0 0 1865 1865 0 0 13301 9310 3991 0 3429 0 3429 0 0 0 0 0 4728 4728 0 0 6744 6744 0 0 0 0 0 0 2884 2884 0 0 2216 0 2216 0 0 0 0 0 5160 5160 0 0 1529 0 1529 0 Employee Retirement Plan Expenses 8740 8740 0 0 Class, student, and educational supplies 7340 7340 0 0 Farm Supplies and Maintanence 6436 6436 0 0 Small Equipment Purchases 1977 1977 0 0 246284 199342 46942 0 4789 5932 0 0 0 0 840 0 0 0 0 0 0 0 0 659 0 0 5160 737 5160 4423 0 0 0 0 0 0 0 0 0 0 10789 11014 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8979 5082 8979 5082 X 0 0 0 0 1810 5932 1810 5932 10789 11014 X 19911 0 0 0 -6711 -9078 X false false false X 0 0 0 11500 4159 15659 0 0 0 11500 4159 15659 2395 13264 15659 471397 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5160 0 737 4423 4423 Credit Card Debt- Amex Card 5082 5082 Part VI, Line 2 | Employee:, Relationship:, Employee:| Megan Moreno, Family Relationship, Saul Moreno| Part VI, Section B, Line 11a Due to timing constraints and the need to file the Form 990 as promptly as possible to meet compliance deadlines the organization was unable to circulate the return to the governing body prior to submission. A complete copy will be provided to all board members immediately following the filing for their review and records. Part VI, Section B, Line 15 | Name of the Person:, The process used to establish compensation of the person who served in:|, The year in which this process was last undertaken:| Saul Moreno, As a small nonprofit organization with limited funding we are not able to fully or competitively compensate our directors for the many hours of time and leadership they devote to the organization. However to acknowledge their dedication and ensure some level of support the board with guidance from our CFO a licensed CPA reviewed our budget and approved a modest stipend. This stipend reflects what the organization can reasonably afford while continuing to meet its program and financial obligations. The decision was reviewed agreed upon by independent board members and documented in our board meeting minutes., 2022| Megan Moreno, As a small nonprofit organization with limited funding we are not able to fully or competitively compensate our directors for the many hours of time and leadership they devote to the organization. However to acknowledge their dedication and ensure some level of support the board with guidance from our CFO a licensed CPA reviewed our budget and approved a modest stipend. This stipend reflects what the organization can reasonably afford while continuing to meet its program and financial obligations. The decision was reviewed agreed upon by independent board members and documented in our board meeting minutes., 2022| Part VI, Section C, Line 19 Documents available upon request to the organization via email or in writing. Part XI, Line 9 | Description:, Explanation:, Amount:| Year-End Net Asset Reconciliation Adjustment, A one-time adjustment of $9078 has been recorded under "Other Changes in Net Assets" to reconcile internal bookkeeping records with the year-end net asset balance. This entry reflects a non-material correction identified during the reconciliation process and does not represent a cash transaction programmatic activity or donor-related income. The adjustment ensures accurate financial reporting and alignment of internal ledgers., $-9078| Part X & XI,line 9 | Explanation:| Adjustment to Align Net Assets: During internal reconciliation of financial records the organization identified a $9078 variance in net asset reporting. This adjustment was made to align the financial summary with internal accounting records for accuracy. No funds were misused or misappropriated. Part VI,line 11B | Explanation:| Timing of Board Review of Form 990: Due to the timing of the filing deadline and limited staff capacity the Form 990 was submitted before full board review. However a complete copy will be provided to all board members for their review and documentation immediately following submission. Part VI,line 11B | Explanation:| Review Process for Form 990: As a small organization with limited administrative resources the Form 990 is prepared by the Executive Director and reviewed internally before submission. A formal board review process is planned for future filings to enhance oversight. Part VI,line 11A | Explanation:| Preparation of Form 990 Explanation: Preparation of Form 990 by Executive Director: The Form 990 was prepared by the Executive Director due to the organizations limited staffing and resources. While not ideal this approach ensures timely filing and will be improved upon with the development of more robust review procedures. Part VI,line 12C | Explanation:| Conflict of Interest Monitoring: The organization is developing internal systems to regularly monitor and enforce its Conflict of Interest Policy. Currently disclosures are gathered informally. A checklist and review process are being implemented for future board meetings to ensure compliance. Part VI,line 18 | Explanation:| Availability of Governing Documents and Financial Statements: Governing documents and Form 990 are available to the public upon written request to the organizations main mailing address. Due to the organizations small size documents are not currently posted online. Part VI,line 14 | Explanation:| Document Retention and Destruction Policy: The organization adopted a formal Document Retention and Destruction Policy to ensure compliance with federal recordkeeping requirements. A copy of this policy is maintained and followed by leadership. Part VI,line 12A | Explanation:| Annual Disclosure of Conflicts of Interest Future Implementation: The organization is in the process of formalizing a Conflict of Interest disclosure process. Beginning with the next fiscal year all officers directors and key personnel will be required to complete an annual disclosure form identifying any potential conflicts. These disclosures will be reviewed and documented internally as part of the organizations compliance and governance practices. Part I,line 6 | Explanation:| Use of Volunteers: The organization relies on a group of dedicated volunteers who contribute to events program delivery and administrative support. Their efforts are not compensated and are not reflected in the financials but they are integral to our success. Part VII,line 2 | Explanation:| Wage Payment Spanning Prior Fiscal Period: A compensation payment of $6711 made in October 2023 reflects hours worked by program staff during the final payroll period of September 2023. Due to payroll timing the payment was disbursed after year-end and is reported in this tax period under the organizations cash basis accounting method. This payment was for services fully rendered in the prior fiscal year but processed and paid within the current reporting year. Part VI,line 11B | Explanation:| Reasonable Cause for Late Filing: The organization submitted Form 8868 Application for Automatic Extension of Time to File an Exempt Organization Return. The extension was granted and the IRS approved a new filing deadline of August 15 2025. Due to unforeseen personal and operational circumstances-specifically the illness of the Executive Directors child and limited administrative staffing-the return was submitted five business days past the extended deadline. As a small nonprofit we worked diligently to complete the return as quickly and accurately as possible under the circumstances. We respectfully request that this be considered reasonable cause for the slight delay in filing.