Civic Intelligence

Lightwave Education

990EZ • Fiscal year 2014 • EIN 27-3170555

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 11, 2015

Organization ProfileNONE
220 333 Palmer DrBakersfield, CA 93309

(661) 381-7554

Siviq Scores

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

Liabilities / Assets

96th percentile

1.71x

Higher debt load relative to assets than 96% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

67th percentile

0.02x

Higher debt load relative to revenue than 67% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

71st percentile

15%

Higher net margin than 71% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

79th percentile

$11,735

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 16.5% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

3rd percentile

-87%

Faster asset growth than 3% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

33rd percentile

-9.1%

Faster revenue growth than 33% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$752

Down $4,865 (-87%) from 2013

Net Assets

Up

-$536

Up $12,389 (+96%) from 2013

Liabilities

Down

$1,288

Down $17,254 (-93%) from 2013

Revenue And Expenses
Liabilities / Revenue67th percentileNet Margin71st percentile

Revenue

Down

$71,162

Down $7,166 (-9.1%) from 2013

Expenses

Down

$60,350

Down $16,792 (-22%) from 2013

Net Income

Up

$10,812

Up $9,626 (+812%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth3rd percentile

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

$20K$10K$0-$10K-$20KAssets 2011: $2,958Liabilities 2011: $12,730Net Assets 2011: -$9,7722011Assets 2012: $2,247Liabilities 2012: $17,439Net Assets 2012: -$15,1922012Assets 2013: $5,617Liabilities 2013: $18,542Net Assets 2013: -$12,9252013Assets 2014: $752Liabilities 2014: $1,288Net Assets 2014: -$5362014Assets 2015: $0Liabilities 2015: $1,082Net Assets 2015: -$1,0822015Assets 2016: $0Net Assets 2016: $02016Assets 2017: $740Net Assets 2017: $7402017

Highlighted filing

2014

Assets$752
Liabilities$1,288
Net Assets-$536
Open 2014 Filing

Operations Trend

Revenue Growth33rd percentile

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

$100K$50K$0-$50KRevenue 2011: $49,054Expenses 2011: $58,826Net Income 2011: -$9,7722011Revenue 2012: $64,345Expenses 2012: $69,955Net Income 2012: -$5,6102012Revenue 2013: $78,328Expenses 2013: $77,142Net Income 2013: $1,1862013Revenue 2014: $71,162Expenses 2014: $60,350Net Income 2014: $10,8122014Revenue 2015: $67,848Expenses 2015: $68,619Net Income 2015: -$7712015Revenue 2016: $29,557Expenses 2016: $28,222Net Income 2016: $1,3352016Revenue 2017: $26,283Expenses 2017: $25,181Net Income 2017: $1,1022017

Highlighted filing

2014

Revenue$71,162
Expenses$60,350
Net Income$10,812
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 11, 2015
Return Version
2014v5.0
Gross Receipts
$71,162
Mission and Program Overview

Mission

The primary exempt purpose is the education of under-privileged children

The primary exempt purpose is the education of underprivileged children

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION SUPPORTS FREEDOM SCHOOLHERE 60 CHILDREN AND THEIR FAMILIES PARTICIPATE IN A 6 WEEK SUMMER LITERACY PROGRAM. MOST FAMILIES ARE LOW INCOME OR UNDERSERVED. CHILDREN RECIVE EDUCATIONAL AND NUTRITIONAL SERVICES AS WELL AS MENTORING AND LEADERS$27,218$21,781
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LISA WATSONPresidentPT$11,735-$11,735
DAN HARRISONVice PresidentPT$0--
LA WAIN POWELLTreasurerPT$0--
KATHERINE DARNELLSecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
Lightwave Education
EIN
27-3170555
Phone
6613817554
Address
220 333 PALMER DR, BAKERSFIELD, CA 93309

Signing Officer

Name
Lawain Powell
Title
Treasurer
Phone
6613817554
Signed
2015-08-11
Discuss with paid preparer
No

Preparer

Firm
Miguel Mory
Address
P O BOX 70216, BAKERSFIELD, CA 93387-0216
Preparer
Miguel a Mory
Phone
6613956888
Supplemental Narrative

Additional Explanations

Part I, line 16

“1) other expenses: program services amount: 4513 2) other expenses: grant expenses amount: 6236 3) other expenses: office supplies amount: 373 4) other expenses: travel amount: 4598 5) other expenses: training amount: 60 6) other expenses: dues amount: 5125 7) other expenses: taxes amount: 10 8) other expenses: miscellaneous amount: 1756 9) other expenses: school meals amount: 1046 10) other expenses: school field trips amount: 728 11) other expenses: prof development amount: 1156 12) other expenses: school art supplies amount: 644 13) other expenses: prior year edjustments amount: 923”

Part II, line 24

“1) description: accounts receivable boy amount: 269 eoy amount: 0”

Part II, line 26

“1) description: accounts payable boy amount: 18202 eoy amount: 1288 2) description: loans payable boy amount: 340 eoy amount: 0”

Raw XML Appendix157 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/PersonNm0LAWAIN POWELL
IRS990EZ/BooksInCareOfDetail/PhoneNum06613817554
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0333 PALMER DR 220
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BAKERSFIELD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd093309
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt05348
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0752
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt054110
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt010812
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt031470
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt05617
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0752
IRS990EZ/GrossReceiptsAmt071162
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-12925
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-2113
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-12925
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-536
IRS990EZ/OccupancyRentUtltsAndMaintAmt01400
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt210
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt011735
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LISA WATSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DAN HARRISON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2LA WAIN POWELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3KATHERINE DARNELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0269
IRS990EZ/OtherExpensesTotalAmt027168
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE PRIMARY EXEMPT PURPOSE IS THE EDUCATION OF UNDERPRIVILEGED CHILDREN
IRS990EZ/PrintingPublicationsPostageAmt0312
IRS990EZ/ProgramServiceRevenueAmt017052
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ORGANIZATION SUPPORTS FREEDOM SCHOOLHERE 60 CHILDREN AND THEIR FAMILIES PARTICIPATE IN A 6 WEEK SUMMER LITERACY PROGRAM. MOST FAMILIES ARE LOW INCOME OR UNDERSERVED. CHILDREN RECIVE EDUCATIONAL AND NUTRITIONAL SERVICES AS WELL AS MENTORING AND LEADERS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt027218
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt021781
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/RelatedOrgSect527OrgInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt018542
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01288
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt060350
IRS990EZ/TotalProgramServiceExpensesAmt021781
IRS990EZ/TotalRevenueAmt071162
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0NONE
IRS990ScheduleA/DistributableAmountGrp/CYAdjNetIncomeDistributableAmt00
IRS990ScheduleA/DistributableAmountGrp/CYDistributableAsAdjustedAmt00
IRS990ScheduleA/DistributableAmountGrp/CYGreaterAdjustedMinimumAmt00
IRS990ScheduleA/DistributableAmountGrp/CYIncomeTaxImposedPYAmt00
IRS990ScheduleA/DistributableAmountGrp/CYPct85AdjustedNetIncomeAmt00
IRS990ScheduleA/DistributableAmountGrp/CYTotalMinAstDistributableAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt071162
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt078328
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt064345
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt049054
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0262889
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01
IRS990ScheduleA/PublicSupportPY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt0262889
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt071162
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt078328
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt064345
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt049054
IRS990ScheduleA/Total509Grp/TotalAmt0262889
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt071162
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt078328
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt064345
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt049054
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0262889
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt01) OTHER EXPENSES: PROGRAM SERVICES AMOUNT: 4513 2) OTHER EXPENSES: GRANT EXPENSES AMOUNT: 6236 3) OTHER EXPENSES: OFFICE SUPPLIES AMOUNT: 373 4) OTHER EXPENSES: TRAVEL AMOUNT: 4598 5) OTHER EXPENSES: TRAINING AMOUNT: 60 6) OTHER EXPENSES: DUES AMOUNT: 5125 7) OTHER EXPENSES: TAXES AMOUNT: 10 8) OTHER EXPENSES: MISCELLANEOUS AMOUNT: 1756 9) OTHER EXPENSES: SCHOOL MEALS AMOUNT: 1046 10) OTHER EXPENSES: SCHOOL FIELD TRIPS AMOUNT: 728 11) OTHER EXPENSES: PROF DEVELOPMENT AMOUNT: 1156 12) OTHER EXPENSES: SCHOOL ART SUPPLIES AMOUNT: 644 13) OTHER EXPENSES: PRIOR YEAR EDJUSTMENTS AMOUNT: 923
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11) DESCRIPTION: ACCOUNTS RECEIVABLE BOY AMOUNT: 269 EOY AMOUNT: 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21) DESCRIPTION: ACCOUNTS PAYABLE BOY AMOUNT: 18202 EOY AMOUNT: 1288 2) DESCRIPTION: LOANS PAYABLE BOY AMOUNT: 340 EOY AMOUNT: 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part II, line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part II, line 26
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd00
ReturnHeader/BusinessOfficerGrp/PersonNm0LAWAIN POWELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06613817554
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-08-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LIGHTWAVE EDUCATION
ReturnHeader/Filer/BusinessNameControlTxt0LIGH
ReturnHeader/Filer/EIN0273170555
ReturnHeader/Filer/PhoneNum06613817554
ReturnHeader/Filer/USAddress/AddressLine1Txt0220 333 PALMER DR
ReturnHeader/Filer/USAddress/CityNm0BAKERSFIELD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd093309
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0752997111
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MIGUEL MORY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0P O BOX 70216
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BAKERSFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0933870216
ReturnHeader/PreparerPersonGrp/PhoneNum06613956888
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MIGUEL A MORY
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02015-08-13T01:00:21-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$752
Liabilities
$1,288
Net assets
-$536
Revenue
$71,162
Expenses
$60,350
Net income
$10,812
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.74$0.74$26.3$25.2$1.10
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$29.6$28.2$1.34
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$1.08$1.08$67.8$68.6$0.77
2014Detailed filing. Detailed filing data is available for this year.$0.75$1.29$0.54$71.2$60.4$10.8
2013Detailed filing. Detailed filing data is available for this year.$5.62$18.5$12.9$78.3$77.1$1.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.25$17.4$15.2$64.3$70.0$5.61
2011XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.96$12.7$9.77$49.1$58.8$9.77
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • 501(c)3 • <$500k nonprofits