Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on this filing.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
No value available
Liabilities / Revenue
67th percentile
Higher debt load relative to revenue than 67% of similar nonprofits.
Net Margin
37th percentile
Higher net margin than 37% of similar nonprofits.
Top Officer Pay
80th percentile
Higher top officer pay than 80% of similar nonprofits.
Top officer pay equals 17.8% of source-year revenue.
Asset Growth
2nd percentile
Faster asset growth than 2% of similar nonprofits.
Revenue Growth
41st percentile
Faster revenue growth than 41% of similar nonprofits.
Balance Sheet
Assets
Down$0
Down $752 (-100%) from 2014
Net Assets
Down-$771
Down $235 (-44%) from 2014
Liabilities
Down$1,082
Down $206 (-16%) from 2014
Revenue And Expenses
Revenue
Down$67,848
Down $3,314 (-4.7%) from 2014
Expenses
Up$68,619
Up $8,269 (+14%) from 2014
Net Income
Down-$771
Down $11,583 (-107%) from 2014
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2015 to Dec 31, 2015
- Signed
- May 11, 2016
- Return Version
- 2015v2.1
- Gross Receipts
- $67,848
Mission and Program Overview
Mission
The primary exempt purpose is the education of under-privileged children
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE ORGANIZATION SUPPORTS FREEDOM SCHOOL WHERE 60 CHILDREN AND THEIR FAMILIES PARTICIPATE IN A 6-WEEK SUMMER LITERACY PROGRAM. MOST FAMILIES ARE LOW-INCOME OR UNDERSERVED. CHILDREN RECEIVE EDUCATIONAL AND NUTRITIONAL SERVICES AS WELL AS MENTORING AND LEADERSHIP DEVELOPMENT. | $12,247 | $30,147 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| LISA WATSON | Presidentr | PT | $12,080 | - | $12,080 |
| DAN HARRISON | Vice President | PT | $0 | - | - |
| LA WAIN POWELL | Treasurer | PT | $0 | - | - |
| KATHERINE DARNELL | Scecretary | PT | $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
- 6615787618
- Signed
- 2016-05-11
- 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 grant expenses amount 4093 2) other expenses program services amount 2389 3) other expenses office supplies amount 314 4) other expenses travel amount 10041 5) other expenses dues amount 6875 6) other expenses advertising amount 157 7) other expenses taxes amount 55 8) other expenses miscellaneous amount 1301 9) other expenses donations amount 1000 10) other expenses school meals amount 131 11) other expenses school field trips amount 1634 12) other expenses prof development amount 1036 13) other expenses school art supplies amount 346”
Part II, line 26
“1) description accounts payable boy amount 752 eoy amount 0 2) description credit vard debt boy amount 0 eoy amount 1082”
Raw XML Appendix154 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/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | LAWAIN POWELL |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6613817554 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 333 PALME DRIVE NO 2 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | BAKERSFIELD |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 93309 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 752 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 56219 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -771 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 39081 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form1120PolFiledInd | 0 | 0 |
| IRS990EZ/Form720FiledInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 752 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 67848 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -771 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -1082 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 20 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 5 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 10 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 5 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 12080 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | LISA WATSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | DAN HARRISON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | LA WAIN POWELL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | KATHERINE DARNELL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENTR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | SCECRETARY |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 29372 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE PRIMARY EXEMPT PURPOSE IS THE EDUCATION OF UNDER-PRIVILEGED CHILDREN |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 166 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 11629 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE ORGANIZATION SUPPORTS FREEDOM SCHOOL WHERE 60 CHILDREN AND THEIR FAMILIES PARTICIPATE IN A 6-WEEK SUMMER LITERACY PROGRAM. MOST FAMILIES ARE LOW-INCOME OR UNDERSERVED. CHILDREN RECEIVE EDUCATIONAL AND NUTRITIONAL SERVICES AS WELL AS MENTORING AND LEADERSHIP DEVELOPMENT. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 12247 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 30147 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/RelatedOrgSect527OrgInd | 0 | 0 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 752 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 1082 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 68619 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 30147 |
| IRS990EZ/TotalRevenueAmt | 0 | 67848 |
| IRS990EZ/TransactionWithControlEntInd | 0 | 0 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | NONE |
| IRS990ScheduleA/DistributableAmountGrp/CYAdjNetIncomeDistributableAmt | 0 | 0 |
| IRS990ScheduleA/DistributableAmountGrp/CYDistributableAsAdjustedAmt | 0 | 0 |
| IRS990ScheduleA/DistributableAmountGrp/CYGreaterAdjustedMinimumAmt | 0 | 0 |
| IRS990ScheduleA/DistributableAmountGrp/CYIncomeTaxImposedPYAmt | 0 | 0 |
| IRS990ScheduleA/DistributableAmountGrp/CYPct85AdjustedNetIncomeAmt | 0 | 0 |
| IRS990ScheduleA/DistributableAmountGrp/CYTotalMinAstDistributableAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 67848 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 71162 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 78328 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 64345 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 49054 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 330737 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 330737 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 67848 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 71162 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 78328 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 64345 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 49054 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 330737 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 67848 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 71162 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 78328 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 64345 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 49054 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 330737 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | 1) OTHER EXPENSES GRANT EXPENSES AMOUNT 4093 2) OTHER EXPENSES PROGRAM SERVICES AMOUNT 2389 3) OTHER EXPENSES OFFICE SUPPLIES AMOUNT 314 4) OTHER EXPENSES TRAVEL AMOUNT 10041 5) OTHER EXPENSES DUES AMOUNT 6875 6) OTHER EXPENSES ADVERTISING AMOUNT 157 7) OTHER EXPENSES TAXES AMOUNT 55 8) OTHER EXPENSES MISCELLANEOUS AMOUNT 1301 9) OTHER EXPENSES DONATIONS AMOUNT 1000 10) OTHER EXPENSES SCHOOL MEALS AMOUNT 131 11) OTHER EXPENSES SCHOOL FIELD TRIPS AMOUNT 1634 12) OTHER EXPENSES PROF DEVELOPMENT AMOUNT 1036 13) OTHER EXPENSES SCHOOL ART SUPPLIES AMOUNT 346 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | 1) DESCRIPTION ACCOUNTS PAYABLE BOY AMOUNT 752 EOY AMOUNT 0 2) DESCRIPTION CREDIT VARD DEBT BOY AMOUNT 0 EOY AMOUNT 1082 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part I, line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Part II, line 26 |
| ReturnHeader/BuildTS | 0 | 2016-09-27 15:27:22Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 0 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | LAWAIN POWELL |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6615787618 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-05-11 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | LIGHTWAVE EDUCATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LIGH |
| ReturnHeader/Filer/EIN | 0 | 273170555 |
| ReturnHeader/Filer/PhoneNum | 0 | 6613817554 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 220 333 PALMER DR |
| ReturnHeader/Filer/USAddress/CityNm | 0 | BAKERSFIELD |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 93309 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 752997111 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | MIGUEL MORY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | P O BOX 70216 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | BAKERSFIELD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 933870216 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6613956888 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MIGUEL A MORY |
| ReturnHeader/ReturnTs | 0 | 2016-05-11T18:53:16-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2015-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2015-12-31 |
| ReturnHeader/TaxYr | 0 | 2015 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $0
- Liabilities
- $1,082
- Net assets
- -$771
- Revenue
- $67,848
- Expenses
- $68,619
- Net income
- -$771