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Filing year 2024

Lantern Network

Brentwood, Tennessee·EIN 85-2126429·NTEE O50 · Youth Development·501(c)(3)
Total revenue
$355k
Total assets
$126k
Total expenses
$306k
Reported officers
7
Mission

a public charity to provide mentorship and entrepreneurship for underestimated American youth

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Youth Development organizations in Tennessee.

Executive Director
25th percentile to median
$78k
$83k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 6 unpaid individuals.

Browse compensation in Youth Development

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at Lantern Network equaled 25% of the organization's total expenses. The median for youth development organizations is 11%.

This organization (2024)
25%
Sector median
11%
Middle half of sector
5% to 21%

Based on 5,229 youth development organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 8%
from 2023

From $72k in 2023 to $78k in 2024.

$72k
2023
$78k
2024
In today's dollarsEst.
Up 5% in real terms$79k to $83k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 8% from 2023 to 2024, while revenue rose 35%.

$72k in 2023 to $78k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Lantern Network

What does the Chief Executive Officer of Lantern Network earn?

In 2024, the Chief Executive Officer of Lantern Network received $78,000 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Youth Development organizations in Tennessee, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Lantern Network compare with similar nonprofits?

Compared with the same role at Youth Development organizations in Tennessee, the 2024 pay of the Chief Executive Officer at Lantern Network falls between the 25th percentile and the median. In 2024, the highest total compensation at Lantern Network equaled 25% of the organization's total expenses. The median for youth development organizations is 11%.

What are Lantern Network's revenue and expenses?

In 2024, Lantern Network reported $355k in total revenue and $306k in total expenses on its IRS Form 990.

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