Civic Intelligence

Lightning Tai Chi Inc

990EZ • Fiscal year 2017 • EIN 65-1269666

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 08, 2018

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

(714) 482-7288

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2017

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2017

Net Margin

95th percentile

54%

Higher net margin than 95% of similar nonprofits.

2017 filings • 501(c)4 • <$500k nonprofits • Source year 2017

Top Officer Pay

86th percentile

$0

Higher top officer pay than 86% of similar nonprofits.

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

2017 filings • 501(c)4 • <$500k nonprofits • Source year 2017

Asset Growth

86th percentile

31%

Faster asset growth than 86% of similar nonprofits.

2017 filings • 501(c)4 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

8th percentile

-47%

Faster revenue growth than 8% of similar nonprofits.

2017 filings • 501(c)4 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$13,702

Up $3,204 (+31%) from 2016

Net Assets

$13,702

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin95th percentile

Revenue

Down

$5,926

Down $5,185 (-47%) from 2016

Expenses

Down

$2,722

Down $20,617 (-88%) from 2016

Net Income

Up

$3,204

Up $15,432 (+126%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth86th 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

2017

Assets$13,702
Liabilities-
Net Assets$13,702
Open 2017 Filing

Operations Trend

Revenue Growth8th 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

2017

Revenue$5,926
Expenses$2,722
Net Income$3,204
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 8, 2018
Return Version
2017v2.3
Gross Receipts
$5,926
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 Pay86th percentile

Employees

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

Filer

Filer Name
Lightning Tai Chi Inc
EIN
65-1269666
Phone
7144827288
Address
407 W IMPERIAL HWY Room H215, BREA, CA 92821-4803

Signing Officer

Name
Jennifer Ko
Title
CFO
Signed
2018-08-08
Discuss with paid preparer
No

Preparer

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

Additional Explanations

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

“Delivery postage fee 203”

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

“Dues subscription 136”

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

“Uniform 78”

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

“Misc expense 291”

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

“Office expense 71”

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

“Advertising 570”

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

“UNIFORMS Beginning of year 428, End of year 136”

Raw XML Appendix118 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/BOYAmt010070
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt013566
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt03204
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0250
IRS990EZ/FiledScheduleAInd0false
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt010498
IRS990EZ/Form990TotalAssetsGrp/EOYAmt013702
IRS990EZ/GrossReceiptsAmt05926
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt010498
IRS990EZ/NetAssetsOrFundBalancesEOYAmt013702
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt010498
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt013702
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/PersonNm3JIN GUO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0428
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0136
IRS990EZ/OtherExpensesTotalAmt01349
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Tutoring service for Tai Chi Chuan
IRS990EZ/PrintingPublicationsPostageAmt01123
IRS990EZ/ProgramServiceRevenueAmt05926
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Tutoring service for Tai Chi Chuan to the public
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt02722
IRS990EZ/TotalRevenueAmt05926
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Delivery postage fee 203
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Dues subscription 136
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Uniform 78
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Misc expense 291
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Office expense 71
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Advertising 570
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6UNIFORMS Beginning of year 428, End of year 136
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 II, Line 24, Other Assets
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0JENNIFER KO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-08-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LIGHTNING TAI CHI INC
ReturnHeader/Filer/BusinessNameControlTxt0LIGH
ReturnHeader/Filer/EIN0651269666
ReturnHeader/Filer/PhoneNum07144827288
ReturnHeader/Filer/USAddress/AddressLine1Txt0407 W IMPERIAL HWY Room H215
ReturnHeader/Filer/USAddress/CityNm0BREA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd0928214803
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId08603B938B5AA7C7FD9AF5F3866389088F494CCE5
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId08603B938B5AA7C7FD9AF5F3866389088F494CCE5
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt047.145.110.76
ReturnHeader/FilingSecurityInformation/IPDt02018-08-10
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm002:12:49
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/PreparationDt02018-08-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SUEJEN WEN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-08-08T03:12:48-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$13,702
Liabilities
-
Net assets
$13,702
Revenue
$5,926
Expenses
$2,722
Net income
$3,204
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
2017Detailed filing. Detailed filing data is available for this year.$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