Civic Intelligence

Ang LIM Wellspring Inc.

990EZ • Fiscal year 2017 • EIN 46-2247116

Jan 01, 2017 to Dec 31, 2017 • Filed on Apr 30, 2018

Organization ProfileN/A
5625 Crescent Park West Apt 336Playa 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

0.65x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

99th percentile

10.05x

Higher debt load relative to revenue than 99% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

13th percentile

-27%

Higher net margin than 13% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

42nd percentile

-1.3%

Faster asset growth than 42% of similar nonprofits.

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

Revenue Growth

99th percentile

1446%

Faster revenue growth than 99% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets91st percentile

Assets

Down

$295,917

Down $3,997 (-1.3%) from 2016

Net Assets

Down

$102,921

Down $5,157 (-4.8%) from 2016

Liabilities

Up

$192,996

Up $1,160 (+0.6%) from 2016

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin13th percentile

Revenue

Up

$19,204

Up $17,962 (+1446%) from 2016

Expenses

Up

$24,361

Up $12,805 (+111%) from 2016

Net Income

Up

-$5,157

Up $5,157 (+50%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth42nd 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

2017

Assets$295,917
Liabilities$192,996
Net Assets$102,921
Open 2017 Filing

Operations Trend

Revenue Growth99th 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

2017

Revenue$19,204
Expenses$24,361
Net Income-$5,157
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Apr 30, 2018
Return Version
2017v2.3
Gross Receipts
$19,204
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.$16,950$16,950
Compensation and Service Providers
Top Officer Pay76th 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
5625 CRESCENT PARK WEST APT 336, PLAYA VISTA, CA 90094

Signing Officer

Name
Joseph Ang
Title
President
Signed
2018-04-30

Preparer

Firm
Chalavoutis & Associates LLC
Address
241 RUSHMORE AVE, CARLE PLACE, NY 11514
Preparer
Christopher Chalavoutis
Phone
5167785810
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

“Cash contribution: 16,950”

Form 990-ez, Part I, Line 16

“Expenses accounting fees 950 total 950”

Form 990-ez, Part II, Line 26

“Officers' loans 191,836 192,996”

Form 990-ez, Part III

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

Raw XML Appendix131 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/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/BOYAmt0299914
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0295917
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt017000
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-5157
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0299914
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0295917
IRS990EZ/GrantsAndSimilarAmountsPaidAmt016950
IRS990EZ/GrossReceiptsAmt019204
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt02204
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0108078
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0102921
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0108078
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0102921
IRS990EZ/OccupancyRentUtltsAndMaintAmt06461
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/OtherExpensesTotalAmt0950
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/GrantsAndAllocationsAmt016950
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt016950
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/StatesWhereCopyOfReturnIsFldCd1CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0191836
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0192996
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt024361
IRS990EZ/TotalProgramServiceExpensesAmt016950
IRS990EZ/TotalRevenueAmt019204
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt017000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0168262
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0185262
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02204
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01242
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt04292
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt07513
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt015251
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02204
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0185262
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt017000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0168262
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0185262
IRS990ScheduleA/TotalSupportAmt0200513
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CASH CONTRIBUTION: 16,950
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ACCOUNTING FEES 950 TOTAL 950
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OFFICERS' LOANS 191,836 192,996
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/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JOSEPH ANG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-04-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ANG LIM WELLSPRING INC
ReturnHeader/Filer/BusinessNameControlTxt0ANGL
ReturnHeader/Filer/EIN0462247116
ReturnHeader/Filer/USAddress/AddressLine1Txt05625 CRESCENT PARK WEST APT 336
ReturnHeader/Filer/USAddress/CityNm0PLAYA VISTA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090094
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0AB1744C562F9AA6293650CC4A14D214677C1A913
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0DFFC8ACF04CE6DF0E102C90F8D93C9CCA62AE446
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt098.113.173.18
ReturnHeader/FilingSecurityInformation/IPDt02018-04-30
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm014:20:19
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0271182956
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CHALAVOUTIS & ASSOCIATES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0241 RUSHMORE AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CARLE PLACE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011514
ReturnHeader/PreparerPersonGrp/PhoneNum05167785810
ReturnHeader/PreparerPersonGrp/PreparationDt02018-04-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRISTOPHER CHALAVOUTIS
ReturnHeader/ReturnTs02018-04-30T12:20:19-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$295,917
Liabilities
$192,996
Net assets
$102,921
Revenue
$19,204
Expenses
$24,361
Net income
-$5,157
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