Liabilities / Assets
98th percentile
Higher debt load relative to assets than 98% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
3.91x
Liabilities / Revenue
95th percentile
Higher debt load relative to revenue than 95% of similar nonprofits.
Net Margin
9th percentile
Higher net margin than 9% of similar nonprofits.
Top Officer Pay
88th percentile
Higher top officer pay than 88% of similar nonprofits.
Top officer pay equals 41.3% of source-year revenue.
Asset Growth
97th percentile
Faster asset growth than 97% of similar nonprofits.
Revenue Growth
26th percentile
Faster revenue growth than 26% of similar nonprofits.
Balance Sheet
Assets
Up$27,692
Up $23,908 (+632%) from 2019
Net Assets
-$80,673
No earlier filing loaded for comparison.
Liabilities
Up$108,365
Up $93,387 (+623%) from 2019
Revenue And Expenses
Revenue
Down$82,115
Down $62,565 (-43%) from 2019
Expenses
Down$151,594
Down $7,333 (-4.6%) from 2019
Net Income
Down-$69,479
Down $55,232 (-388%) from 2019
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2020 to Dec 31, 2020
- Signed
- Jun 16, 2021
- Return Version
- 2020v4.1
- Gross Receipts
- $82,115
Mission and Program Overview
Mission
Lucent Education Association is a non-profit online institution committed to offering theological courses, by offering US-based education at the cost people can afford.
See Schedule O
Program Services
| Description | Grants | Expenses |
|---|---|---|
| 624 enrollments in 2020, reaching 117 countries. | - | $144,375 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Jose Carlos Duarte Oliveira | CEO | FT | $33,885 | - | $33,885 |
| Selma Teles Oliveira | Secretary | FT | $20,000 | - | $20,000 |
| Mattheus Teles Oliveira | Vice President | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Lucent Education Association
- EIN
- 47-3441699
- Address
- 1009 Jupiter Road No 500, Plano, TX 75074
Signing Officer
- Name
- Jose Carlos Duarte Oliveira
- Title
- CEO
- Phone
- 8176086530
- Signed
- 2021-06-16
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Rich Tax and Accounting LLC
- Address
- 4470 S Wolcott Ct, Denver, CO 80236
- Preparer
- Lynn M Rich
- Phone
- 3038870473
Supplemental Narrative
Additional Explanations
Description of other expenses Part I line 16
“Description AmountDepreciation from 4562 1,563Advertising and Promotion 128Insurance 350Office Expenses 9,249Travel 10,780Accreditation 1,358Projects 1,816Resources 16,719Supplies and Materials 3,945Other misc expenses 4,757”
Description of other assets Part II line 24
“Category Beginning of Year End of YearAccounts Receivable 0 85Equipment less A/D 0 14,067”
Description of total liabilities Part II line 26
“Category Beginning of Year End of YearCredit Card 1,628 555Due to Selma and Carlos 13,350 43,310SBA Loan 0 64,500”
Part III response or note to any other line in Part III
“Form 990-EZ, Part III - Organizations Primary Exempt PurposeLucent University is an online institution committed to becoming the best and largest technological and theological school in the world by offering high-quality US-based education at a cost people all over the globe can afford.”
Raw XML Appendix152 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 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Selma Teles Oliveira |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8176086530 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1009 Jupiter Road No 500 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Plano |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 75074 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 3784 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 13540 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 21297 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -69479 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 42336 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 3784 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 27692 |
| IRS990EZ/GrossReceiptsAmt | 0 | 82115 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -11194 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -80673 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -11194 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -80673 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 4342 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 33885 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 20000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Jose Carlos Duarte Oliveira |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Selma Teles Oliveira |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Mattheus Teles Oliveira |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CEO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Vice President |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 14152 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 50665 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | See Schedule O |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 366 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 60818 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | 624 enrollments in 2020, reaching 117 countries. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 144375 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 53885 |
| IRS990EZ/SchoolOperatingInd | 0 | true |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 14978 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 108365 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 151594 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 144375 |
| IRS990EZ/TotalRevenueAmt | 0 | 82115 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/SchoolInd | 0 | X |
| 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 |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | true |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | false |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | true |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | true |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | true |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | true |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | true |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description AmountDepreciation from 4562 1,563Advertising and Promotion 128Insurance 350Office Expenses 9,249Travel 10,780Accreditation 1,358Projects 1,816Resources 16,719Supplies and Materials 3,945Other misc expenses 4,757 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Category Beginning of Year End of YearAccounts Receivable 0 85Equipment less A/D 0 14,067 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Category Beginning of Year End of YearCredit Card 1,628 555Due to Selma and Carlos 13,350 43,310SBA Loan 0 64,500 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Form 990-EZ, Part III - Organizations Primary Exempt PurposeLucent University is an online institution committed to becoming the best and largest technological and theological school in the world by offering high-quality US-based education at a cost people all over the globe can afford. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Description of other expenses Part I line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Description of other assets Part II line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Description of total liabilities Part II line 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Part III response or note to any other line in Part III |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL2 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd | 0 | 11 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Jose Carlos Duarte Oliveira |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CEO |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8176086530 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-06-16 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Lucent Education Association |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LUCE |
| ReturnHeader/Filer/EIN | 0 | 473441699 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1009 Jupiter Road No 500 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Plano |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 75074 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 571228595 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Rich Tax and Accounting LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 4470 S Wolcott Ct |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Denver |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CO |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 80236 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3038870473 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2021-06-18 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Lynn M Rich |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2021-06-18T10:56:52-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | Jose Carlos |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | Duarte Oliveira |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-12-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $27,692
- Liabilities
- $108,365
- Net assets
- -$80,673
- Revenue
- $82,115
- Expenses
- $151,594
- Net income
- -$69,479