Civic Intelligence

Light Economic and Development Inc.

990EZ • Fiscal year 2024 • EIN 75-2760924

Jan 01, 2024 to Dec 31, 2024 • Filed on Nov 12, 2025

Organization Profile
2606 John West RoadMesquite, TX 75150

(214) 320-5744

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

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

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2024

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

Asset Growth

35th percentile

-8.1%

Faster asset growth than 35% of similar nonprofits.

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

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$60,847

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

Net Assets

Down

$60,847

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

Liabilities

Flat

$0

Flat from 2023

Revenue And Expenses
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

Historical Trend

Balance Sheet Trend

Asset Growth35th percentile

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

$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 Growth1st percentile

Revenue, expenses, and net income across loaded years, with this 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
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 Pay79th percentile

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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0Veda Shaw
IRS990EZ/BooksInCareOfDetail/PhoneNum02143205744
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02606 John West Road
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Mesquite
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd075150
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt041176
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt035847
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-5329
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03875
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt066176
IRS990EZ/Form990TotalAssetsGrp/EOYAmt060847
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt00
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt066176
IRS990EZ/NetAssetsOrFundBalancesEOYAmt060847
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt066176
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt060847
IRS990EZ/OccupancyRentUtltsAndMaintAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
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
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt025000
IRS990EZ/OtherAssetsTotalDetail/EOYAmt025000
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt01454
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0To 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.
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Light Economic and Development partnered with Light Unlimited Christian Center to offer male teens job training and mentoring during the summer.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0900
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt05329
IRS990EZ/TotalProgramServiceExpensesAmt0900
IRS990EZ/TotalRevenueAmt00
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt05150
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt06071
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt010030
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt09730
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt030981
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.64556
IRS990ScheduleA/PublicSupportPY509Pct00.6041
IRS990ScheduleA/PublicSupportTotal509Amt020000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0150
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt01071
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt05030
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt04730
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt010981
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt0150
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt01071
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt05030
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt04730
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt010981
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt05150
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt06071
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt010030
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt09730
IRS990ScheduleA/Total509Grp/TotalAmt030981
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt05150
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt06071
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt010030
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt09730
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt030981
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

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed 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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2024 filings • 501(c)3 • <$500k nonprofits