Civic Intelligence

Light Economic and Development Inc

EIN 75-2760924 • 501(c)3 • Mesquite, TX

Profile

To develop strategic partnerships for the spritual, economic and social benefit of area youth, residents and businesses. Our energy is focused in four key areas: enterprise development, housing development, workfoce training and leadership development.

2606 John West RoadMesquite, TX 75150
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

41st percentile

-8.1%

Faster asset growth than 41% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

3rd percentile

-100%

Faster revenue growth than 3% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$60,847

Down $5,329 (-8.1%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$60,847

Down $5,329 (-8.1%) from 2023

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Down

$0

Down $177,820 (-100%) from 2023

Expenses

Down

$5,329

Down $11,393 (-68%) from 2023

Net Income

Down

-$5,329

Down $166,427 (-103%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth41st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2010: $122,474Liabilities 2010: $129,2072010Assets 2011: $117,964Liabilities 2011: $122,7242011Assets 2023: $66,176Liabilities 2023: $0Net Assets 2023: $66,1762023Assets 2024: $60,847Liabilities 2024: $0Net Assets 2024: $60,8472024

Highlighted filing

2024

Assets$60,847
Liabilities$0
Net Assets$60,847
Open 2024 Filing

Operations Trend

Revenue Growth3rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2010: $17,825Expenses 2010: $18,656Net Income 2010: -$8312010Revenue 2011: $17,525Expenses 2011: $15,563Net Income 2011: $1,9622011Revenue 2023: $177,820Expenses 2023: $16,722Net Income 2023: $161,0982023Revenue 2024: $0Expenses 2024: $5,329Net Income 2024: -$5,3292024

Highlighted filing

2024

Revenue$0
Expenses$5,329
Net Income-$5,329
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$60,847
Liabilities
$0
Net assets
$60,847
Revenue
$0
Expenses
$5,329
Net income
-$5,329
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.61$0.00$0.61$0.00$0.05$0.05
2023Detailed filing. Detailed filing data is available for this year.$0.66$0.00$0.66$1.78$0.17$1.61
2011Summary only. Only limited summary data is available for this year.$1.18$1.23$0.18$0.16$0.02
2010Summary only. Only limited summary data is available for this year.$1.22$1.29$0.18$0.19$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 12, 2025
Return Version
2024v5.0
Gross Receipts
$0
Mission and Program Overview

Mission

To develop strategic partnerships for the spiritual, economic, and social benefit of area youth, residents, and businesses. Our energy is focused in four key areas: Enterprise Development, Housing Development, Workforce Training, and Leadership Development.

Program Services

DescriptionGrantsExpenses
Light Economic and Development partnered with Light Unlimited Christian Center to offer male teens job training and mentoring during the summer.$0$900
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Veda ShawSecretary/Treas/DirectorPT$0--
Kenneth MartinDirector-$0--
Ronald ShawPresident/DirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Light Economic and Development Inc
EIN
75-2760924
Phone
2143205744
Address
2606 John West Road, Mesquite, TX 75150

Signing Officer

Name
Veda Shaw
Title
Secretary/Treas/Director
Phone
2143205744
Signed
2025-11-12
Discuss with paid preparer
No

Preparer

Firm
David L Floyd Jr CPA
Address
2626 Cole Avenue, Suite 300, Dallas, TX 75204
Preparer
David L Floyd Jr CPA
Phone
2149973768
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Description;Amount^Office expenses;169|Information technology;385|Summer job training program;900^Total;1454^”

Form 990-EZ, Part II, Line 24

“Description;EOY Amount^Notes receivable;25000^Total;25000^”

Raw XML Appendix176 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
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Mesquite
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Veda Shaw
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Kenneth Martin
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Ronald Shaw
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Secretary/Treas/Dir.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2President/Director
IRS990EZ/OperateHospitalInd00
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IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt01454
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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IRS990EZ/PoliticalCampaignActyInd00
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IRS990EZ/PrintingPublicationsPostageAmt00
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt030981
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.64556
IRS990ScheduleA/PublicSupportPY509Pct00.6041
IRS990ScheduleA/PublicSupportTotal509Amt020000
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description;Amount^Office expenses;169|Information technology;385|Summer job training program;900^Total;1454^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description;EOY Amount^Notes receivable;25000^Total;25000^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part II, Line 24
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd00
ReturnHeader/BusinessOfficerGrp/PersonNm0Veda Shaw
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Secretary/Treas/Dir.
ReturnHeader/BusinessOfficerGrp/PhoneNum02143205744
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LIGHT ECONOMIC AND DEVELOPMENT INC
ReturnHeader/Filer/BusinessNameControlTxt0LIGH
ReturnHeader/Filer/EIN0752760924
ReturnHeader/Filer/PhoneNum02143205744
ReturnHeader/Filer/USAddress/AddressLine1Txt02606 John West Road
ReturnHeader/Filer/USAddress/CityNm0Mesquite
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075150
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0David L Floyd Jr CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02626 Cole Avenue
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine2Txt0Suite 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Dallas
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd075204
ReturnHeader/PreparerPersonGrp/PhoneNum02149973768
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0David L Floyd Jr CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-11-10T14:38:45-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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No mirrored PDF or thumbnail assets are attached yet.