Civic Intelligence

Ang LIM Wellspring Inc.

990EZ • Fiscal year 2014 • EIN 46-2247116

Jan 01, 2014 to Dec 31, 2014 • Filed on Jul 13, 2015

Organization ProfileN/A
13080 Pacific PromenadeRoom/Suite Apt127Playa Vista, CA 90094

(917) 476-9218

Siviq Scores

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

Liabilities / Assets

91st percentile

0.64x

Higher debt load relative to assets than 91% of similar nonprofits.

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

Liabilities / Revenue

100th percentile

29.82x

Higher debt load relative to revenue than 100% of similar nonprofits.

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

Net Margin

2nd percentile

-396%

Higher net margin than 2% of similar nonprofits.

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

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

33rd percentile

-6.2%

Faster asset growth than 33% of similar nonprofits.

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

Revenue Growth

2nd percentile

-96%

Faster revenue growth than 2% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets91st percentile

Assets

Down

$350,976

Down $23,344 (-6.2%) from 2013

Net Assets

$126,945

No earlier filing loaded for comparison.

Liabilities

Up

$224,031

Up $6,380 (+2.9%) from 2013

Revenue And Expenses
Liabilities / Revenue100th percentileNet Margin2nd percentile

Revenue

Down

$7,513

Down $163,385 (-96%) from 2013

Expenses

Up

$37,237

Up $23,008 (+162%) from 2013

Net Income

Down

-$29,724

Down $186,393 (-119%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth33rd percentile

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

$600K$400K$200K$0Assets 2013: $374,320Liabilities 2013: $217,6512013Assets 2014: $350,976Liabilities 2014: $224,031Net Assets 2014: $126,9452014Assets 2015: $313,009Liabilities 2015: $194,617Net Assets 2015: $118,3922015Assets 2016: $299,914Liabilities 2016: $191,836Net Assets 2016: $108,0782016Assets 2017: $295,917Liabilities 2017: $192,996Net Assets 2017: $102,9212017Assets 2018: $329,609Liabilities 2018: $192,996Net Assets 2018: $136,6132018Assets 2019: $351,468Liabilities 2019: $192,996Net Assets 2019: $158,4722019Assets 2020: $440,990Liabilities 2020: $192,996Net Assets 2020: $247,9942020Assets 2021: $371,969Liabilities 2021: $162,996Net Assets 2021: $208,9732021Assets 2022: $383,922Liabilities 2022: $162,996Net Assets 2022: $220,9262022Assets 2023: $388,868Liabilities 2023: $162,996Net Assets 2023: $225,8722023Assets 2024: $426,958Liabilities 2024: $162,996Net Assets 2024: $263,9622024

Highlighted filing

2014

Assets$350,976
Liabilities$224,031
Net Assets$126,945
Open 2014 Filing

Operations Trend

Revenue Growth2nd percentile

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

$200K$100K$0-$100KRevenue 2013: $170,898Expenses 2013: $14,229Net Income 2013: $156,6692013Revenue 2014: $7,513Expenses 2014: $37,237Net Income 2014: -$29,7242014Revenue 2015: $4,292Expenses 2015: $12,845Net Income 2015: -$8,5532015Revenue 2016: $1,242Expenses 2016: $11,556Net Income 2016: -$10,3142016Revenue 2017: $19,204Expenses 2017: $24,361Net Income 2017: -$5,1572017Revenue 2018: $66,003Expenses 2018: $32,311Net Income 2018: $33,6922018Revenue 2019: $70,471Expenses 2019: $48,612Net Income 2019: $21,8592019Revenue 2020: $128,017Expenses 2020: $38,495Net Income 2020: $89,5222020Revenue 2021: $2,234Expenses 2021: $41,255Net Income 2021: -$39,0212021Revenue 2022: $26,703Expenses 2022: $14,750Net Income 2022: $11,9532022Revenue 2023: $26,241Expenses 2023: $21,297Net Income 2023: $4,9442023Revenue 2024: $51,526Expenses 2024: $13,433Net Income 2024: $38,0932024

Highlighted filing

2014

Revenue$7,513
Expenses$37,237
Net Income-$29,724
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jul 13, 2015
Return Version
2014v5.0
Gross Receipts
$7,513
Mission and Program Overview

Mission

To provide financial assistance to needy individuals and families and promote solid family and community values.

Program Services

DescriptionGrantsExpenses
TO PROVIDE FINANCIAL ASSISTANCE TO NEEDY INDIVIDUALS AND FAMILIES AND PROMOTE SOLID FAMILY AND COMMUNITY VALUES.$31,070$31,070
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOSEPH ANGPresidentPT$0--
GODFRED TONGVice PresidePT$0--
KATHRYN TONGSec/TreasurePT$0--
Filing and Contact Details

Filer

Filer Name
Ang Lim Wellspring Inc
EIN
46-2247116
Address
13080 PACIFIC PROMENADE, ROOM/SUITE APT127, PLAYA VISTA, CA 90094

Signing Officer

Name
Joseph Ang
Title
Vice President
Signed
2015-07-13

Preparer

Firm
Chalavoutis & Associates LLC
Address
775 PARK AVE STE 260, HUNTINGTON, NY 11743
Preparer
Lorraine Chalavoutis
Phone
6317847728
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

“VARIOUS 31,070 0 0”

Form 990-ez, Part I, Line 16

“Expenses administrative fees 5,217 accounting fees 875 total 6,092”

Form 990-ez, Part II, Line 26

“Officers' loans 217,651 224,031”

Form 990-ez, Part III

“To provide financial assistance to needy individuals and families and promote solid family and community values.”

Raw XML Appendix118 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0JOSEPH ANG
IRS990EZ/BooksInCareOfDetail/PhoneNum09174769218
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt013080 PACIFIC PROMENADE 127
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PLAYA VISTA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090094
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0374320
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0350976
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-29724
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt075
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0374320
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0350976
IRS990EZ/GrantsAndSimilarAmountsPaidAmt031070
IRS990EZ/GrossReceiptsAmt07513
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt07513
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0156669
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0126945
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0156669
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0126945
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JOSEPH ANG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1GODFRED TONG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2KATHRYN TONG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SEC/TREASURE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt06092
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE FINANCIAL ASSISTANCE TO NEEDY INDIVIDUALS AND FAMILIES AND PROMOTE SOLID FAMILY AND COMMUNITY VALUES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE FINANCIAL ASSISTANCE TO NEEDY INDIVIDUALS AND FAMILIES AND PROMOTE SOLID FAMILY AND COMMUNITY VALUES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt031070
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt031070
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0217651
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0224031
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt037237
IRS990EZ/TotalProgramServiceExpensesAmt031070
IRS990EZ/TotalRevenueAmt07513
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0168262
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0168262
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt07513
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0168262
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0168262
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0168262
IRS990ScheduleA/TotalSupportAmt0168262
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VARIOUS 31,070 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADMINISTRATIVE FEES 5,217 ACCOUNTING FEES 875 TOTAL 6,092
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OFFICERS' LOANS 217,651 224,031
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO PROVIDE FINANCIAL ASSISTANCE TO NEEDY INDIVIDUALS AND FAMILIES AND PROMOTE SOLID FAMILY AND COMMUNITY VALUES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JOSEPH ANG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-07-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ANG LIM WELLSPRING INC
ReturnHeader/Filer/BusinessNameControlTxt0ANGL
ReturnHeader/Filer/EIN0462247116
ReturnHeader/Filer/USAddress/AddressLine1Txt013080 PACIFIC PROMENADE
ReturnHeader/Filer/USAddress/AddressLine2Txt0ROOM/SUITE APT127
ReturnHeader/Filer/USAddress/CityNm0PLAYA VISTA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090094
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0271182956
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CHALAVOUTIS & ASSOCIATES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0775 PARK AVE STE 260
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HUNTINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011743
ReturnHeader/PreparerPersonGrp/PhoneNum06317847728
ReturnHeader/PreparerPersonGrp/PreparationDt02015-07-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LORRAINE CHALAVOUTIS
ReturnHeader/ReturnTs02015-07-13T12:58:35-05:00
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
$350,976
Liabilities
$224,031
Net assets
$126,945
Revenue
$7,513
Expenses
$37,237
Net income
-$29,724
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.27$1.63$2.64$0.52$0.13$0.38
2023Detailed filing. Detailed filing data is available for this year.$3.89$1.63$2.26$0.26$0.21$0.05
2022Detailed filing. Detailed filing data is available for this year.$3.84$1.63$2.21$0.27$0.15$0.12
2021Detailed filing. Detailed filing data is available for this year.$3.72$1.63$2.09$0.02$0.41$0.39
2020Detailed filing. Detailed filing data is available for this year.$4.41$1.93$2.48$1.28$0.38$0.90
2019Detailed filing. Detailed filing data is available for this year.$3.51$1.93$1.58$0.70$0.49$0.22
2018Detailed filing. Detailed filing data is available for this year.$3.30$1.93$1.37$0.66$0.32$0.34
2017Detailed filing. Detailed filing data is available for this year.$2.96$1.93$1.03$0.19$0.24$0.05
2016Detailed filing. Detailed filing data is available for this year.$3.00$1.92$1.08$0.01$0.12$0.10
2015Detailed filing. Detailed filing data is available for this year.$3.13$1.95$1.18$0.04$0.13$0.09
2014Detailed filing. Detailed filing data is available for this year.$3.51$2.24$1.27$0.08$0.37$0.30
2013Summary only. Only limited summary data is available for this year.$3.74$2.18$1.71$0.14$1.57