Civic Intelligence

The Light Academy Inc.

990EZ • Fiscal year 2019 • EIN 46-5254375

Jul 01, 2018 to Jun 30, 2019 • Filed on Apr 13, 2020

Organization Profilewww.thelightacademy.com
479 Cunningham RoadCunningham, VA 22963

(434) 842-2222

Siviq Scores

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

Liabilities / Assets

95th percentile

1.10x

Higher debt load relative to assets than 95% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

96th percentile

1.32x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

16th percentile

-21%

Higher net margin than 16% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

81st percentile

$12,000

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 7.1% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

99th percentile

1314%

Faster asset growth than 99% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

36th percentile

-8.2%

Faster revenue growth than 36% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets95th percentile

Assets

Up

$201,923

Up $187,646 (+1314%) from 2018

Net Assets

-$20,315

No earlier filing loaded for comparison.

Liabilities

Up

$222,238

Up $222,238 from 2018

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin16th percentile

Revenue

Down

$168,480

Down $15,141 (-8.2%) from 2018

Expenses

Up

$203,072

Up $20,378 (+11%) from 2018

Net Income

Down

-$34,592

Down $35,519 (-3832%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

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

$300K$200K$100K$0-$100KAssets 2018: $14,277Liabilities 2018: $02018Assets 2019: $201,923Liabilities 2019: $222,238Net Assets 2019: -$20,3152019Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022Assets 2023: $93,170Liabilities 2023: $93,170Net Assets 2023: $02023Assets 2024: $100,182Liabilities 2024: $100,182Net Assets 2024: $02024Assets 2025: $85,816Liabilities 2025: $85,816Net Assets 2025: $02025

Highlighted filing

2019

Assets$201,923
Liabilities$222,238
Net Assets-$20,315
Open 2019 Filing

Operations Trend

Revenue Growth36th percentile

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

$800K$600K$400K$200K$0-$200KRevenue 2018: $183,621Expenses 2018: $182,694Net Income 2018: $9272018Revenue 2019: $168,480Expenses 2019: $203,072Net Income 2019: -$34,5922019Revenue 2022: $546,484Expenses 2022: $589,860Net Income 2022: -$43,3762022Revenue 2023: $673,211Expenses 2023: $652,194Net Income 2023: $21,0172023Revenue 2024: $636,076Expenses 2024: $614,930Net Income 2024: $21,1462024Revenue 2025: $616,305Expenses 2025: $644,521Net Income 2025: -$28,2162025

Highlighted filing

2019

Revenue$168,480
Expenses$203,072
Net Income-$34,592
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Apr 13, 2020
Return Version
2018v3.1
Gross Receipts
$168,480
Mission and Program Overview

Mission

The Light Academy recognizes that every child is a gift from God, and we partner with parents to teach children to love God, to love others.

The Light Academy recognizes that every child is a gift from God, and we partner with parents to teach children to love God, to love others as Gos loves us. To excel in academics

Program Services

DescriptionGrantsExpenses
The Light Academy strives to provide a quality Christianeducatiob fir day strudents and to share resources, providesupport, and provide collaboration with parents of home school students.$4,357$4,357
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joyce ParrDirector-$12,000-$12,000
Alex MartinezDirector-$0--
Neal LeyDirector-$0--
Kathleen Martin-HancockDirector-$0--
Mike LovdalDirector-$0--
Howie HilsingerDirector-$0--
Filing and Contact Details

Filer

Filer Name
The Light Academy Inc
EIN
46-5254375
Phone
4348422222
Address
479 Cunningham Road, Cunningham, VA 22963

Signing Officer

Name
Joyce Parr
Title
Director
Phone
4348422222
Signed
2020-04-13

Preparer

Firm
Tax Speak LLC
Address
366 Jefferson Drive, Palmyra, VA 22963
Preparer
Becky D Kerns EA
Phone
4349609371
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 8

“Field Trip 2295.”

Form 990EZ, Part I, Line 8

“Yearbook 581.”

Form 990EZ, Part I, Line 16

“Dues & Subs 600.”

Form 990EZ, Part I, Line 16

“Insurance 9588.”

Form 990EZ, Part I, Line 16

“Bus 177.”

Form 990EZ, Part I, Line 16

“Interest Charges 20.”

Form 990EZ, Part I, Line 16

“Membership Fees 140.”

Form 990EZ, Part I, Line 16

“Licenses 61.”

Form 990EZ, Part I, Line 16

“SCC 25.”

Form 990EZ, Part I, Line 16

“Bank Fee 1042.”

Form 990EZ, Part I, Line 16

“Quickbooks 140.”

Form 990EZ, Part I, Line 16

“Supplies 191.”

Form 990EZ, Part I, Line 16

“Testing 274.”

Form 990EZ, Part II, Line 26

“Total 0. 20315.”

Form 990EZ, Part II, Line 26

“School Loan 181608.”

Form 990EZ, Part II, Line 26

“Other 20315.”

Raw XML Appendix182 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/BusinessName/BusinessNameLine1Txt0Tax Speak LLC for The Light Academy 479 Cunningham Road
IRS990EZ/BooksInCareOfDetail/PhoneNum04349609371
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0366 Jefferson Drive
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Palmyra
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd022963
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt04217
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt01923
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt04357
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-34592
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02145
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt014277
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0201923
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0168480
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt0200000
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt014277
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-20315
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt014277
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-20315
IRS990EZ/OccupancyRentUtltsAndMaintAmt051323
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt212000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Alex Martinez
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Neal Ley
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Joyce Parr
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Kathleen Martin-Hancock
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Mike Lovdal
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Howie Hilsinger
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt010060
IRS990EZ/OtherExpensesTotalAmt012258
IRS990EZ/OtherRevenueTotalAmt02876
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0The Light Academy recognizes that every child is a gift from God, and we partner with parents to teach children to love God, to love others as Gos loves us. To excel in academics
IRS990EZ/PrintingPublicationsPostageAmt03508
IRS990EZ/ProgramServiceRevenueAmt0161247
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The Light Academy strives to provide a quality Christianeducatiob fir day strudents and to share resources, providesupport, and provide collaboration with parents of home school students.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt04357
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt04357
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt0133838
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0222238
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0203072
IRS990EZ/TotalProgramServiceExpensesAmt04357
IRS990EZ/TotalRevenueAmt0168480
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.thelightacademy.com
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Field Trip 2295.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Yearbook 581.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Dues & Subs 600.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance 9588.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Bus 177.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Interest Charges 20.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Membership Fees 140.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Licenses 61.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8SCC 25.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Bank Fee 1042.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Quickbooks 140.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Supplies 191.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Testing 274.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Total 0. 20315.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14School Loan 181608.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Other 20315.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Joyce Parr
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/PhoneNum04348422222
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-04-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Light Academy Inc
ReturnHeader/Filer/BusinessNameControlTxt0LIGH
ReturnHeader/Filer/EIN0465254375
ReturnHeader/Filer/PhoneNum04348422222
ReturnHeader/Filer/USAddress/AddressLine1Txt0479 Cunningham Road
ReturnHeader/Filer/USAddress/CityNm0Cunningham
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd022963
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId03DCAD293EF13B1D6296AA211687A6DB985126055
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId03DCAD293EF13B1D6296AA211687A6DB985126055
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt073.171.15.143
ReturnHeader/FilingSecurityInformation/IPDt02020-04-12
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm022:53:58
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Tax Speak LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0366 Jefferson Drive
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Palmyra
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd022963
ReturnHeader/PreparerPersonGrp/PhoneNum04349609371
ReturnHeader/PreparerPersonGrp/PreparationDt02020-04-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Becky D Kerns EA
ReturnHeader/ReturnTs02020-04-12T22:54:09-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$201,923
Liabilities
$222,238
Net assets
-$20,315
Revenue
$168,480
Expenses
$203,072
Net income
-$34,592
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.86$0.86$0.00$6.16$6.45$0.28
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.00$1.00$0.00$6.36$6.15$0.21
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.93$0.93$0.00$6.73$6.52$0.21
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$5.46$5.90$0.43
2019Detailed filing. Detailed filing data is available for this year.$2.02$2.22$0.20$1.68$2.03$0.35
2018Summary only. Only limited summary data is available for this year.$0.14$0.00$1.84$1.83$0.01
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)3 • <$500k nonprofits