Civic Intelligence

Light 2 the World

990 • Fiscal year 2020 • EIN 47-3730290

Jan 01, 2020 to Dec 31, 2020 • Filed on Apr 29, 2021

17477 SW Forest Hollow StreetBeaverton, OR 97007

(971) 297-2700

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

65th percentile

16%

Higher net margin than 65% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

84th percentile

$21,500

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 10.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

74th percentile

34%

Faster asset growth than 74% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

83rd percentile

31%

Faster revenue growth than 83% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$137,513

Up $34,587 (+34%) from 2019

Net Assets

Up

$137,513

Up $34,587 (+34%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Up

$215,469

Up $50,471 (+31%) from 2019

Expenses

Up

$180,882

Up $39,954 (+28%) from 2019

Net Income

Up

$34,587

Up $10,517 (+44%) from 2019

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2015: $61,848Liabilities 2015: $0Net Assets 2015: $61,8482015Assets 2016: $49,956Liabilities 2016: $0Net Assets 2016: $49,9562016Assets 2017: $96,970Liabilities 2017: $0Net Assets 2017: $96,9702017Assets 2018: $78,681Liabilities 2018: $0Net Assets 2018: $78,6812018Assets 2019: $102,926Liabilities 2019: $0Net Assets 2019: $102,9262019Assets 2020: $137,513Liabilities 2020: $0Net Assets 2020: $137,5132020Assets 2021: $153,308Liabilities 2021: $0Net Assets 2021: $153,3082021Assets 2022: $128,860Liabilities 2022: $0Net Assets 2022: $128,8602022Assets 2023: $223,992Liabilities 2023: $0Net Assets 2023: $223,9922023Assets 2024: $329,782Liabilities 2024: $0Net Assets 2024: $329,7822024Assets 2025: $508,311Liabilities 2025: $0Net Assets 2025: $508,3112025

Highlighted filing

2020

Assets$137,513
Liabilities$0
Net Assets$137,513

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2015: $82,460Expenses 2015: $20,612Net Income 2015: $61,8482015Revenue 2016: $80,227Expenses 2016: $90,593Net Income 2016: -$10,3662016Revenue 2017: $144,264Expenses 2017: $106,250Net Income 2017: $38,0142017Revenue 2018: $109,598Expenses 2018: $126,739Net Income 2018: -$17,1412018Revenue 2019: $164,998Expenses 2019: $140,928Net Income 2019: $24,0702019Revenue 2020: $215,469Expenses 2020: $180,882Net Income 2020: $34,5872020Revenue 2021: $228,204Expenses 2021: $212,409Net Income 2021: $15,7952021Revenue 2022: $213,123Expenses 2022: $249,848Net Income 2022: -$36,7252022Revenue 2023: $325,943Expenses 2023: $230,811Net Income 2023: $95,1322023Revenue 2024: $351,637Expenses 2024: $245,848Net Income 2024: $105,7892024Revenue 2025: $475,387Expenses 2025: $296,454Net Income 2025: $178,9332025

Highlighted filing

2020

Revenue$215,469
Expenses$180,882
Net Income$34,587
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Apr 29, 2021
Return Version
2020v4.0
Gross Receipts
$215,469
Mission and Program Overview

Mission

L2W is a nonprofit interdenominational Christian organization supporting cross cultural ministries discipleship training and childrens homes in Nepal and Southeast Asia.

L2W is a nonprofit interdenominational Christian organization supporting missions and children's homes in Nepal and Southeast Asia.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$102,926$137,513▲ $34,587
Savings and Temporary Cash Investments$70,741$71,883▲ $1,142
Cash and Non-Interest-Bearing Accounts$32,185$65,630▲ $33,445
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$102,926$137,513▲ $34,587
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$102,926$137,513▲ $34,587
Total Liabilities and Net Assets / Fund Balance$102,926$137,513▲ $34,587
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Holly TamangBoard MemberFT$21,500$21,500
Michael TamangBoard MemberFT$21,500$21,500

Board Members and Trustees

NameTitle
Karlee PogirskiPresident
Julie KahutVice President
Dennis LiedstrandBoard Member
Phoebe LiedstrandTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$215,328
Program Service Revenue
$0
Investment Income
$141
Other Revenue
$0
All Other Contributions
$208,128
Change in Net Assets
$34,587
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$89,573
Other Expenses$45,078
Salaries, Compensation, and Employee Benefits$43,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$89,573--$89,573
Current Officers, Directors, Trustees, and Key Employees$0$43,000$0$43,000
Office Expenses$0$16,355$0$16,355
Occupancy$0$15,800$0$15,800
Travel$0$8,575$0$8,575
Information Technology$0$4,348$0$4,348
Benefits to Members$3,231--$3,231
Total Functional Expenses$92,804$88,078$0$180,882
International Activity

International Summary

Offices
1
Employees
2
Spending
$180,883

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
South AsiaProgram ServiceChildren Home Funding and Discipleship Training and Worship Ministry Program12$180,883
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Line 2

| Employee:, Relationship:, Employee:| Holly Tamang, Family Relationship, Phoebe Liedstrand| Michael Tamang, Family Relationship, Phoebe Liedstrand| Dennis Liedstrand, Family Relationship, Michael Tamang| Dennis Liedstrand, Family Relationship, Holly Tamang| Julie Kahut, Family Relationship, Holly Tamang|

Part VI, Section B, Line 11B

A special board meeting is called to review the final document before it is submitted. A vote is conducted to gain unanimous approval by all board members to release it to the IRS and Public.

Part VI, Section B, Line 12C

During regular board meetings each board member must confirm that they are not members of another organization that would be in conflict with or in opposition to the purposes and services being performed by L2W.

Part VI, Section C, Line 19

The articles of incorporation and bylaws and policies are available to requestors via our website.

Part VII, List Of Officers

| Employee Name:, Description:| Michael Tamang, Paid a monthly fee for services performed through a 1099-MISC| Holly Tamang, Paid for services to manage children's homes and training on a full time basis for entire year.|

Filing and Contact Details

Filer

Filer Name
Light 2 the World
EIN
47-3730290
In Care Of
% Phoebe Liedstrand
Address
17477 SW Forest Hollow Street, Beaverton, OR 97007
Doing Business As
L2w

Signing Officer

Name
Phoebe Liedstrand
Title
Treasurer
Signed
2021-04-29
Discuss with paid preparer
No

Organization Details

Formed
2015
Legal Domicile
Or
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6
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