Civic Intelligence

Lightning Tai Chi Inc

990EZ • Fiscal year 2014 • EIN 65-1269666

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 21, 2015

Organization Profile
407 W IMPERIAL HWY Room H215Brea, CA 92821-4803

(714) 803-8178

Siviq Scores

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

Liabilities / Assets

95th percentile

0.83x

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

2014 filings • 501(c)4 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

97th percentile

1.93x

Higher debt load relative to revenue than 97% of similar nonprofits.

2014 filings • 501(c)4 • <$500k nonprofits • Source year 2014

Net Margin

11th percentile

-28%

Higher net margin than 11% of similar nonprofits.

2014 filings • 501(c)4 • <$500k nonprofits • Source year 2014

Top Officer Pay

85th percentile

$0

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)4 • <$500k nonprofits • Source year 2014

Asset Growth

22nd percentile

-12%

Faster asset growth than 22% of similar nonprofits.

2014 filings • 501(c)4 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

83rd percentile

26%

Faster revenue growth than 83% of similar nonprofits.

2014 filings • 501(c)4 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets95th percentile

Assets

Down

$17,910

Down $2,393 (-12%) from 2013

Net Assets

Down

$2,970

Down $2,191 (-42%) from 2013

Liabilities

Down

$14,940

Down $202 (-1.3%) from 2013

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin11th percentile

Revenue

Up

$7,729

Up $1,577 (+26%) from 2013

Expenses

Up

$9,920

Up $9,000 (+978%) from 2013

Net Income

Down

-$2,191

Down $7,423 (-142%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth22nd percentile

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

$30K$20K$10K$0Assets 2012: $4,281Liabilities 2012: $02012Assets 2013: $20,303Liabilities 2013: $15,142Net Assets 2013: $5,1612013Assets 2014: $17,910Liabilities 2014: $14,940Net Assets 2014: $2,9702014Assets 2015: $22,596Liabilities 2015: $17,802Net Assets 2015: $4,7942015Assets 2016: $10,498Liabilities 2016: $02016Assets 2017: $13,702Net Assets 2017: $13,7022017Assets 2018: $15,686Liabilities 2018: $1052018Assets 2019: $6,418Net Assets 2019: $6,4182019Assets 2020: $7,187Net Assets 2020: $7,1872020Assets 2021: $11,248Net Assets 2021: $11,2482021Assets 2022: $11,637Net Assets 2022: $11,6372022

Highlighted filing

2014

Assets$17,910
Liabilities$14,940
Net Assets$2,970
Open 2014 Filing

Operations Trend

Revenue Growth83rd percentile

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

$30K$20K$10K$0-$10K-$20KRevenue 2012: $14,963Expenses 2012: $13,672Net Income 2012: $1,2912012Revenue 2013: $6,152Expenses 2013: $920Net Income 2013: $5,2322013Revenue 2014: $7,729Expenses 2014: $9,920Net Income 2014: -$2,1912014Revenue 2015: $12,351Expenses 2015: $10,527Net Income 2015: $1,8242015Revenue 2016: $11,111Expenses 2016: $23,339Net Income 2016: -$12,2282016Revenue 2017: $5,926Expenses 2017: $2,722Net Income 2017: $3,2042017Revenue 2018: $5,000Expenses 2018: $3,121Net Income 2018: $1,8792018Revenue 2019: $5,128Expenses 2019: $14,291Net Income 2019: -$9,1632019Revenue 2020: $1,380Expenses 2020: $611Net Income 2020: $7692020Revenue 2021: $5,160Expenses 2021: $1,099Net Income 2021: $4,0612021Revenue 2022: $1,200Expenses 2022: $841Net Income 2022: $3592022

Highlighted filing

2014

Revenue$7,729
Expenses$9,920
Net Income-$2,191
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 21, 2015
Return Version
2014v5.0
Gross Receipts
$18,766
Mission and Program Overview

Mission

Tutoring service for Tai Chi Chuan

Program Services

DescriptionGrantsExpenses
Tutoring service for Tai Chi Chuan to the public--
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
HSINGJEU HUNGChairmanPT$0--
JANYEOU DERPresidentPT$0--
JENNIFER KOTreasurerPT$0--
ROBSON MARGARETSecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
Lightning Tai Chi Inc
EIN
65-1269666
Phone
7148038178
Address
407 W IMPERIAL HWY Room H215, BREA, CA 92821-4803

Signing Officer

Name
Jennifer Ko
Title
President
Signed
2015-08-21
Discuss with paid preparer
No

Preparer

Firm
Angelo Accountancy CPA Inc
Address
12140 ARTESIA BLVD 201, ARTESIA, CA 90701
Preparer
Suhjen Kung
Phone
5624020922
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16, Other Expenses

“Travel 2,173”

Form 990-EZ, Part I, Line 16, Other Expenses

“Meals and entertainment 142”

Form 990-EZ, Part I, Line 16, Other Expenses

“Equipment rental and maintenance 856”

Form 990-EZ, Part I, Line 16, Other Expenses

“Contribution 400”

Form 990-EZ, Part I, Line 16, Other Expenses

“Insurance 498”

Form 990-EZ, Part I, Line 16, Other Expenses

“Bank charge 20”

Form 990-EZ, Part I, Line 16, Other Expenses

“Ranking exam fee 375”

Form 990-EZ, Part I, Line 16, Other Expenses

“Office expense 1,070”

Form 990-EZ, Part II, Line 24, Other Assets

“UNIFORMS Beginning of year 162, End of year 0”

Form 990-EZ, Part II, Line 26, Liabilities

“NOTES PAYABLE Beginning of year 15,142, End of year 14,940”

Raw XML Appendix129 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/PersonNm0JENNIFER KO
IRS990EZ/BooksInCareOfDetail/PhoneNum07148038178
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0407 IMPERIAL HWY SUITE H-215
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BREA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0928214803
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt020141
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt017910
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt016220
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-2191
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03877
IRS990EZ/FiledScheduleAInd0false
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt020303
IRS990EZ/Form990TotalAssetsGrp/EOYAmt017910
IRS990EZ/GrossReceiptsAmt018766
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt05161
IRS990EZ/NetAssetsOrFundBalancesEOYAmt02970
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt05161
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt02970
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0HSINGJEU HUNG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JANYEOU DER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JENNIFER KO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ROBSON MARGARET
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0162
IRS990EZ/OtherExpensesTotalAmt05534
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Tutoring service for Tai Chi Chuan
IRS990EZ/PrintingPublicationsPostageAmt0509
IRS990EZ/ProgramServiceRevenueAmt02546
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Tutoring service for Tai Chi Chuan to the public
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt011037
IRS990EZ/SpecialEventsNetIncomeLossAmt0-11037
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt015142
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt014940
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt09920
IRS990EZ/TotalRevenueAmt07729
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Travel 2,173
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Meals and entertainment 142
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Equipment rental and maintenance 856
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Contribution 400
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Insurance 498
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Bank charge 20
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Ranking exam fee 375
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Office expense 1,070
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8UNIFORMS Beginning of year 162, End of year 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9NOTES PAYABLE Beginning of year 15,142, End of year 14,940
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990-EZ, Part II, Line 24, Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990-EZ, Part II, Line 26, Liabilities
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0JENNIFER KO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-08-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LIGHTNING TAI CHI INC
ReturnHeader/Filer/BusinessNameControlTxt0LIGH
ReturnHeader/Filer/EIN0651269666
ReturnHeader/Filer/PhoneNum07148038178
ReturnHeader/Filer/USAddress/AddressLine1Txt0407 W IMPERIAL HWY Room H215
ReturnHeader/Filer/USAddress/CityNm0BREA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd0928214803
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ANGELO ACCOUNTANCY CPA INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt012140 ARTESIA BLVD 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ARTESIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090701
ReturnHeader/PreparerPersonGrp/PhoneNum05624020922
ReturnHeader/PreparerPersonGrp/PreparationDt02015-08-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SUHJEN KUNG
ReturnHeader/ReturnTs02015-08-21T07:53:53-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$17,910
Liabilities
$14,940
Net assets
$2,970
Revenue
$7,729
Expenses
$9,920
Net income
-$2,191
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$11.6$11.6$1.20$0.84$0.36
2021Detailed filing. Detailed filing data is available for this year.$11.2$11.2$5.16$1.10$4.06
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.19$7.19$1.38$0.61$0.77
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.42$6.42$5.13$14.3$9.16
2018Summary only. Only limited summary data is available for this year.$15.7$0.11$5.00$3.12$1.88
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.7$13.7$5.93$2.72$3.20
2016Summary only. Only limited summary data is available for this year.$10.5$0.00$11.1$23.3$12.2
2015Detailed filing. Detailed filing data is available for this year.$22.6$17.8$4.79$12.4$10.5$1.82
2014Detailed filing. Detailed filing data is available for this year.$17.9$14.9$2.97$7.73$9.92$2.19
2013Detailed filing. Detailed filing data is available for this year.$20.3$15.1$5.16$6.15$0.92$5.23
2012Summary only. Only limited summary data is available for this year.$4.28$0.00$15.0$13.7$1.29