Civic Intelligence

Silk Wave Mission

990 • Fiscal year 2017 • EIN 20-4179493

Jan 01, 2017 to Dec 31, 2017 • Filed on Jun 21, 2018

2111 W Crescent Ave Rm/Ste EAnaheim, CA 92801

(626) 398-2111

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

78th percentile

0.31x

Higher debt load relative to assets than 78% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

57th percentile

0.06x

Higher debt load relative to revenue than 57% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

55th percentile

5.6%

Higher net margin than 55% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

60th percentile

$39,600

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 7.4% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

96th percentile

138%

Faster asset growth than 96% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

28th percentile

-6.0%

Faster revenue growth than 28% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$95,313

Up $55,349 (+138%) from 2016

Net Assets

Up

$65,502

Up $30,205 (+86%) from 2016

Liabilities

Up

$29,811

Up $25,144 (+539%) from 2016

Revenue

Down

$537,821

Down $34,216 (-6.0%) from 2016

Expenses

Down

$507,616

Down $53,319 (-9.5%) from 2016

Net Income

Up

$30,205

Up $19,103 (+172%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2011: $37,919Liabilities 2011: $8,841Net Assets 2011: $29,0782011Assets 2012: $53,165Liabilities 2012: $5,674Net Assets 2012: $47,4912012Assets 2013: $17,629Liabilities 2013: $4,456Net Assets 2013: $13,1732013Assets 2014: $48,119Liabilities 2014: $2,914Net Assets 2014: $45,2052014Assets 2015: $36,629Liabilities 2015: $12,434Net Assets 2015: $24,1952015Assets 2016: $39,964Liabilities 2016: $4,667Net Assets 2016: $35,2972016Assets 2017: $95,313Liabilities 2017: $29,811Net Assets 2017: $65,5022017Assets 2018: $153,707Liabilities 2018: $1,202Net Assets 2018: $152,5052018Assets 2019: $187,449Liabilities 2019: $5,408Net Assets 2019: $182,0412019Assets 2020: $310,928Liabilities 2020: $6,544Net Assets 2020: $304,3842020Assets 2021: $498,485Liabilities 2021: $3,391Net Assets 2021: $495,0942021Assets 2022: $447,417Liabilities 2022: $13,819Net Assets 2022: $433,5982022Assets 2023: $696,566Liabilities 2023: $3,637Net Assets 2023: $692,9292023Assets 2024: $530,979Liabilities 2024: $16,598Net Assets 2024: $514,3812024Assets 2025: $436,637Liabilities 2025: $11,602Net Assets 2025: $425,0352025

Highlighted filing

2017

Assets$95,313
Liabilities$29,811
Net Assets$65,502

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $521,710Expenses 2011: $517,981Net Income 2011: $3,7292011Expenses 2012: $480,9222012Revenue 2013: $293,553Expenses 2013: $327,871Net Income 2013: -$34,3182013Revenue 2014: $405,975Expenses 2014: $373,943Net Income 2014: $32,0322014Revenue 2015: $564,970Expenses 2015: $585,980Net Income 2015: -$21,0102015Revenue 2016: $572,037Expenses 2016: $560,935Net Income 2016: $11,1022016Revenue 2017: $537,821Expenses 2017: $507,616Net Income 2017: $30,2052017Revenue 2018: $698,347Expenses 2018: $611,344Net Income 2018: $87,0032018Revenue 2019: $1,036,276Expenses 2019: $970,621Net Income 2019: $65,6552019Revenue 2020: $610,410Expenses 2020: $485,809Net Income 2020: $124,6012020Revenue 2021: $1,322,345Expenses 2021: $1,131,635Net Income 2021: $190,7102021Revenue 2022: $2,087,509Expenses 2022: $2,149,005Net Income 2022: -$61,4962022Revenue 2023: $2,948,871Expenses 2023: $2,689,640Net Income 2023: $259,2312023Revenue 2024: $2,519,645Expenses 2024: $2,720,511Net Income 2024: -$200,8662024Revenue 2025: $2,053,440Expenses 2025: $2,142,786Net Income 2025: -$89,3462025

Highlighted filing

2017

Revenue$537,821
Expenses$507,616
Net Income$30,205
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jun 21, 2018
Return Version
2017v2.3
Gross Receipts
$537,821
Mission and Program Overview

Mission

CHRISTIAN MISSION

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$23,592$81,372▲ $57,780
Land, Buildings, and Equipment, Net$11,527$9,096▼ $2,431
Total Assets$39,964$95,313▲ $55,349
Other Assets Total$4,845$4,845→ $0
Liabilities
Other Liabilities$4,667$29,811▲ $25,144
Total Liabilities$4,667$29,811▲ $25,144
Net Assets / Fund Balance
Unrestricted Net Assets$35,297$65,502▲ $30,205
Total Net Assets Fund Balance$35,297$65,502▲ $30,205
Total Liabilities and Net Assets / Fund Balance$39,964$95,313▲ $55,349

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$9,096$27,958$37,054
Other Assets Org$4,845--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sei Woong LeeSecretaryFT$39,600$39,600
Revenue and Support

Revenue Composition

Contributions and Grants
$258,238
Program Service Revenue
$279,583
Investment Income
$0
Other Revenue
$0
All Other Contributions
$258,238
Change in Net Assets
$30,205
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$387,722
Salaries, Compensation, and Employee Benefits$119,894
Total Fundraising Expense$39,144
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$53,077$39,600$18,697$111,374
Occupancy$13,596$10,142$4,790$28,528
Office Expenses$12,188$9,092$4,294$25,574
All Other Expenses$3,486$9,445$3,345$16,276
Travel$9,751--$9,751
Payroll Taxes$4,060$3,029$1,431$8,520
Other Expenses$2,663$1,986$938$5,587
Conferences and Meetings$3,258-$1,997$5,255
Insurance$1,883-$1,014$2,897
Depreciation Depletion$2,431--$2,431
Fees for Services Accounting$1,358-$732$2,090
Total Functional Expenses$391,142$77,330$39,144$507,616
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card Payable$27,977
Payroll Tax Payable$1,834
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Silk Wave Mission
EIN
20-4179493
Address
2111 W CRESCENT AVE RM/STE E, ANAHEIM, CA 92801

Signing Officer

Name
Sei Woong Lee
Title
Secretary
Phone
7149998639
Signed
2018-06-21

Organization Details

Principal Officer
Sei Woong Lee
Formed
2006
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
0
Employees
8

Preparer

Firm
Lee & Co CPA
Address
2 CORPORATE PARK SUITE 202, IRVINE, CA 92606
Preparer
Richard Y Lee
Phone
9497563500
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Christian mission for silk road countries

Raw XML Appendix315 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092801
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId01E35983E36C7255C823D9106EBE56FB72B81538E
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId01E35983E36C7255C823D9106EBE56FB72B81538E
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0104.178.54.24
ReturnHeader/FilingSecurityInformation/IPDt02018-07-03
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm018:45:51
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0201773046
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LEE & CO CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02 CORPORATE PARK SUITE 202
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0IRVINE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd092606
ReturnHeader/PreparerPersonGrp/PhoneNum09497563500
ReturnHeader/PreparerPersonGrp/PreparationDt02018-06-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RICHARD Y LEE
ReturnHeader/ReturnTs02018-07-03T16:45:51-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.01$0.43$2.05$2.14$0.09
2024Detailed filing. Detailed filing data is available for this year.$0.53$0.02$0.51$2.52$2.72$0.20
2023Detailed filing. Detailed filing data is available for this year.$0.70$0.00$0.69$2.95$2.69$0.26
2022Detailed filing. Detailed filing data is available for this year.$0.45$0.01$0.43$2.09$2.15$0.06
2021Detailed filing. Detailed filing data is available for this year.$0.50$0.00$0.50$1.32$1.13$0.19
2020Detailed filing. Detailed filing data is available for this year.$0.31$0.01$0.30$0.61$0.49$0.12
2019Detailed filing. Detailed filing data is available for this year.$0.19$0.01$0.18$1.04$0.97$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.15$0.70$0.61$0.09
2017Detailed filing. Detailed filing data is available for this year.$0.10$0.03$0.07$0.54$0.51$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.04$0.57$0.56$0.01
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.04$0.01$0.02$0.56$0.59$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.05$0.41$0.37$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.01$0.29$0.33$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.01$0.05$0.48
2011Summary only. Only limited summary data is available for this year.$0.04$0.01$0.03$0.52$0.52$0.00