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.
3.44x
Liabilities / Revenue
97th percentile
Higher debt load relative to revenue than 97% of similar nonprofits.
Net Margin
8th percentile
Higher net margin than 8% of similar nonprofits.
Top Officer Pay
95th percentile
Higher top officer pay than 95% of similar nonprofits.
Top officer pay equals 47.3% of source-year revenue.
Asset Growth
7th percentile
Faster asset growth than 7% of similar nonprofits.
Revenue Growth
46th percentile
Faster revenue growth than 46% of similar nonprofits.
Balance Sheet
Assets
Down$89,410
Down $151,440 (-63%) from 2021
Net Assets
Down-$218,146
Down $96,712 (-80%) from 2021
Liabilities
Down$307,556
Down $54,728 (-15%) from 2021
Revenue And Expenses
Revenue
Up$137,399
Up $5,812 (+4.4%) from 2021
Expenses
Up$234,111
Up $61,763 (+36%) from 2021
Net Income
Down-$96,712
Down $55,951 (-137%) from 2021
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- Jun 5, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $137,399
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.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| 546 NEW ENROLLMENTS IN 2022, REACHING 72 COUNTRIES | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| CARLOS OLIVEIRA | President & CEO | FT | $65,000 | - | $65,000 |
| SELMA OLIVEIRA | Secretary | FT | $20,000 | - | $20,000 |
| MATHEUS TELES OLIVEIRA | Vice President | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Lucent Education Association
- EIN
- 47-3441699
- Phone
- 2145365878
- Address
- 1200 COUNTRY CLUB RD 201, ENNIS, TX 75119
Signing Officer
- Name
- Carlos Oliveira
- Title
- President & CEO
- Signed
- 2023-06-05
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Villinger CPA LLC
- Address
- 350 S Hill Dr, Waxahachie, TX 75165
- Preparer
- Zander Villinger CPA
- Phone
- 8174370915
Supplemental Narrative
Additional Explanations
Grants and Similar Amounts Paid In Excess of $5,000.1
“| Donee's Name: TABERNACLE BAPTIST CHURCH | Donee's Address: 1200 COUNTRY CLUB RD #2248 ENNIS TX 75119 | Cash Amount Given: $7000”
Other Expenses.1005
“Travel $3725”
Other Expenses.1012
“Insurance $143”
Other Expenses.1
“RENT EXPENSE $25000”
Other Expenses.2
“SUPPLIES/MISC $12795”
Other Expenses.3
“OTHER (CHANGE) $7509”
Other Expenses.4
“UTILITIES $4650”
Other Expenses.5
“TAXES & LICENSES $2763”
Other Expenses.6
“MEALS $237”
Other Expenses.7
“TELEPHONE $80”
Other Assets.1003
“Machinery and Equipment - Beginning $0 Machinery and Equipment - Ending $18325”
Other Assets.1
“Other Assets - Beginning $30019 Other Assets - Ending $0”
Total Liabilities.1006
“Payable to Officers, Directors, Etc. - Beginning $75536 Payable to Officers, Directors, Etc. - Ending $23344”
Total Liabilities.1
“SBA Loan - Beginning $286748 SBA Loan - Ending $284212”
Raw XML Appendix166 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 OLIVEIRA |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2145365878 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1200 COUNTRY CLUB RD STE 201 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | ENNIS |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 75119 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 210831 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 71085 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 29017 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -96712 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 85197 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 240850 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 89410 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 7000 |
| IRS990EZ/GrossReceiptsAmt | 0 | 137399 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -121434 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -218146 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -121434 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -218146 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 50.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 65000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 20000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | CARLOS OLIVEIRA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | SELMA OLIVEIRA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | MATHEUS TELES OLIVEIRA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President & 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 | 30019 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 18325 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 56902 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | 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. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 12 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 108382 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | 546 NEW ENROLLMENTS IN 2022, REACHING 72 COUNTRIES |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 85000 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | true |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 362284 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 307556 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 234111 |
| IRS990EZ/TotalRevenueAmt | 0 | 137399 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/SchoolInd | 0 | X |
| 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 |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | Love for God and others is the greatest of all the commandments. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Schedule E, Line 4 - Explanation of Records and Materials Not Maintained |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Schedule E, Line 5 - Explanation of Organization Discrimination by Race |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | | Donee's Name: TABERNACLE BAPTIST CHURCH | Donee's Address: 1200 COUNTRY CLUB RD #2248 ENNIS TX 75119 | Cash Amount Given: $7000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Travel $3725 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Insurance $143 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | RENT EXPENSE $25000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | SUPPLIES/MISC $12795 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | OTHER (CHANGE) $7509 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | UTILITIES $4650 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | TAXES & LICENSES $2763 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | MEALS $237 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | TELEPHONE $80 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Machinery and Equipment - Beginning $0 Machinery and Equipment - Ending $18325 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | Other Assets - Beginning $30019 Other Assets - Ending $0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | Payable to Officers, Directors, Etc. - Beginning $75536 Payable to Officers, Directors, Etc. - Ending $23344 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 13 | SBA Loan - Beginning $286748 SBA Loan - Ending $284212 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Grants and Similar Amounts Paid In Excess of $5,000.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1012 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Expenses.4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Expenses.5 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Other Expenses.6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Other Expenses.7 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Other Assets.1003 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Other Assets.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Total Liabilities.1006 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 13 | Total Liabilities.1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd | 0 | FAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | CARLOS OLIVEIRA |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President & CEO |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-06-05 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Lucent Education Association |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LUCE |
| ReturnHeader/Filer/EIN | 0 | 473441699 |
| ReturnHeader/Filer/PhoneNum | 0 | 2145365878 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1200 COUNTRY CLUB RD 201 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | ENNIS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 75119 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 920958436 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Villinger CPA LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 350 S Hill Dr |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Waxahachie |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 75165 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8174370915 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Zander Villinger CPA |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2023-06-05T18:45:49-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | CARLOS |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | OLIVEIRA |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $89,410
- Liabilities
- $307,556
- Net assets
- -$218,146
- Revenue
- $137,399
- Expenses
- $234,111
- Net income
- -$96,712