Civic Intelligence

Light 2 the World

990 • Fiscal year 2022 • EIN 47-3730290

Jan 01, 2022 to Dec 31, 2022 • Filed on Apr 08, 2023

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

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

21st percentile

-17%

Higher net margin than 21% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

98th percentile

$96,000

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 45.0% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

25th percentile

-16%

Faster asset growth than 25% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

34th percentile

-6.6%

Faster revenue growth than 34% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$128,860

Down $24,448 (-16%) from 2021

Net Assets

Down

$128,860

Down $24,448 (-16%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Down

$213,123

Down $15,081 (-6.6%) from 2021

Expenses

Up

$249,848

Up $37,439 (+18%) from 2021

Net Income

Down

-$36,725

Down $52,520 (-333%) from 2021

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

2022

Assets$128,860
Liabilities$0
Net Assets$128,860

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

2022

Revenue$213,123
Expenses$249,848
Net Income-$36,725
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 8, 2023
Return Version
2022v5.0
Gross Receipts
$213,123
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$165,585$128,860▼ $36,725
Cash and Non-Interest-Bearing Accounts$88,260$74,840▼ $13,420
Savings and Temporary Cash Investments$40,889$40,889→ $0
Prepaid Expenses and Deferred Charges$36,421$10,883▼ $25,538
Pledges and Grants Receivable$15$2,248▲ $2,233
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$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
Total Assets$165,585$128,860▼ $36,725
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$165,585$128,860▼ $36,725
Total Liabilities and Net Assets / Fund Balance$165,585$128,860▼ $36,725
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael TamangPresidentFT$48,000$48,000$96,000

Board Members and Trustees

NameTitle
Holly TamangVice President
Julie KahutVice President
Dave BollenBoard Member
Gregg BettisBoard Member
Dennis LiedstrandChief Financial Officer
Phoebe LiedstrandSecretary Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$213,123
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$213,123
Change in Net Assets
$-36,725
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$144,573
Salaries, Compensation, and Employee Benefits$59,681
Other Expenses$45,594
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$144,573--$144,573
Current Officers, Directors, Trustees, and Key Employees$0$48,000$0$48,000
Travel$0$29,094$0$24,094
Other Employee Benefits$0$11,681$0$11,681
Office Expenses$0$11,503$0$11,503
Information Technology$0$4,518$0$4,518
Total Functional Expenses$144,573$110,275$0$249,848
International Activity

International Summary

Offices
4
Employees
8
Spending
$144,573

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 servicesNepali Children's Homes - 3 ea for about 40 children12$43,233
South AsiaProgram servicesDiscipleship Training School - 3 Quarters per year with 12-18 students per quarter12$41,733
South AsiaProgram servicesMission Trips and out reach to villages such as Pokhara and Chitwan12$39,775
South AsiaProgram servicesVaranasi Children and Bangladesh Bihari Refugee Children Homes for approximately 20 children12$19,832
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:| Michael Tamang Family Relationship Dennis Liedstrand| Holly Tamang Family Relationship Phoebe Liedstrand|

Part VI, 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, 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, Line 15

The President and Vice President are the only members of the Board who are compensated. Annually their compensation package is reviewed and compared to other similar ministries to confirm they are properly compensated. Each year their compensation is included in the Annual Budget which is reviewed and approved by the Board.

Part VI, Line 19

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

Part VII, Line 1D

| Explanation:| Michael and Holly Tamang are paid $4,000 month for work as representatives of Light 2 The World based in Nepal to support work with 5 different children's homes in SE Asia which care for over 50 children. There work includes managing and directing a discipleship training center for Nepali Youth.

Filing and Contact Details

Filer

Filer Name
Light 2 the World
EIN
47-3730290
In Care Of
% Phoebe Liedstrand
Phone
9712972700
Address
17477 SW Forest Hollow Street, Beaverton, OR 97007
Doing Business As
L2w

Signing Officer

Name
Phoebe Liedstrand
Title
Secretary Treasurer
Signed
2023-04-08
Discuss with paid preparer
No

Organization Details

Formed
2015
Legal Domicile
Or
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
8
Supplemental Narrative

Additional Explanations

Part III, Line 4D

| Description:, Expense Amount:, Grants Amount:, Revenue Amount:| Support for other Nepali Ministries including Sonam and Samuel plus Discipleship Training Missions Trips to various villages in Pokhara and Chitwan, $39775, $39775, $39775|

Part III, Line 4D

| Explanation:| Other Nepali Ministries including support for Sonam and Samuel's Ministries and support for Mission Trips to outreach and discipleship to villages in regions such as Pokhara and Chitwan.

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IRS990/IRPDocumentCnt02
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IRS990/OtherExpensesGrp/Desc0Feasibility Study Report
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IRS990/PledgesAndGrantsReceivableGrp/BOYAmt015
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt02248
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IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0Phoebe Liedstrand
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IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
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