Civic Intelligence

Light of China Foundation

EIN 82-1773459 • 501(c)3 • Azusa, CA

Profile

The mission of the organization is geared exclusively for non profit religious purposes chiefly to promote and advance christian graduate-level religious education

508 Hidden Valley DriveAzusa, CA 91702
Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

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

Liabilities / Revenue

62nd percentile

0.00x

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

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

Net Margin

92nd percentile

62%

Higher net margin than 92% of similar nonprofits.

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

Top Officer Pay

88th percentile

$22,096

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 34.4% of source-year revenue.

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

Asset Growth

88th percentile

59%

Faster asset growth than 88% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2022

Revenue Growth

55th percentile

1.6%

Faster revenue growth than 55% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2022

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$96,470

Up $58,266 (+153%) from 2020

Liabilities

Flat

$0

Flat from 2020

Net Assets

Up

$96,470

Up $58,266 (+153%) from 2020

Operations
Liabilities / Revenue62nd percentileNet Margin92nd percentile

Revenue

Up

$64,293

Up $2,034 (+3.3%) from 2020

Expenses

Down

$24,403

Down $722 (-2.9%) from 2020

Net Income

Up

$39,890

Up $2,756 (+7.4%) from 2020

Trend Graphs

Balance Sheet Trend

Asset Growth88th percentile

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

$100K$50K$0Assets 2020: $38,204Liabilities 2020: $0Net Assets 2020: $38,2042020Assets 2022: $96,470Liabilities 2022: $0Net Assets 2022: $96,4702022

Highlighted filing

2022

Assets$96,470
Liabilities$0
Net Assets$96,470
Open 2022 Filing

Operations Trend

Revenue Growth55th percentile

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

$80K$60K$40K$20K$0Revenue 2020: $62,259Expenses 2020: $25,125Net Income 2020: $37,1342020Revenue 2022: $64,293Expenses 2022: $24,403Net Income 2022: $39,8902022

Highlighted filing

2022

Revenue$64,293
Expenses$24,403
Net Income$39,890
Open 2022 Filing

Filings

Most recent year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$96,470
Liabilities
$0
Net assets
$96,470
Revenue
$64,293
Expenses
$24,403
Net income
$39,890
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$96.5$0.00$96.5$64.3$24.4$39.9
2020Detailed filing. Detailed filing data is available for this year.$38.2$0.00$38.2$62.3$25.1$37.1
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
May 1, 2021 to Apr 30, 2022
Signed
Mar 5, 2023
Return Version
2021v4.2
Gross Receipts
$64,293
Mission and Program Overview

Mission

The organization s mission is organized exclusively for nonprofit religious purposes primarily to advance christian graduate-level religious education.

The most significant activities are the completion and publication of two other textbooks for teaching and instruction in theological seminaries and training centers

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$56,580$96,470▲ $39,890
Total Assets$56,580$96,470▲ $39,890
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$56,580$96,470▲ $39,890
Total Net Assets Fund Balance$56,580$96,470▲ $39,890
Total Liabilities and Net Assets / Fund Balance$56,580$96,470▲ $39,890
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseTotal
George ChokWriter-employeePT$22,096$22,096
Revenue and Support

Revenue Composition

Contributions and Grants
$64,293
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$64,293
Change in Net Assets
$39,890
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$23,791
Other Expenses$612
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$22,096--$22,096
Payroll Taxes$1,695--$1,695
Office Expenses$612--$612
Total Functional Expenses$24,403$0$0$24,403
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
No
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Light of China Foundation
EIN
82-1773459
Phone
5105526226
Address
508 Hidden Valley Drive, Azusa, CA 91702

Signing Officer

Name
Amy Chok
Title
CFO
Phone
5105526226
Signed
2023-03-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amy Chok
Formed
2017
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
2
Employees
1
Volunteers
1

Preparer

Firm
Buck Chung CPA
Address
15111 Whittier Blvd Suite 360, Whittier, CA 90603
Preparer
Buck C Chung
Phone
6265895114
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Section B, Line 25

“In accordance to the mission goals for the year the entity has completed and published in addition two other books in sequence to previous subject themes.”

Raw XML Appendix256 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.

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IRS990/ForeignActivitiesInd0false
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt022096
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0WRITER-EMPLOYEE
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0false
IRS990/FormationYr02017
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt064293
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0CA
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
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IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt056580
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IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
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IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt01695
IRS990/PayrollTaxesGrp/TotalAmt01695
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0AMY CHOK
IRS990/ProfessionalFundraisingInd0false
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IRS990/PYContributionsGrantsAmt043117
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IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
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IRS990/PYTotalExpensesAmt028617
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt039890
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IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990ScheduleA/ChurchInd0X
IRS990/ScheduleBRequiredInd0false
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IRS990/SchoolOperatingInd0false
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/Filer/PhoneNum05105526226
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ReturnHeader/Filer/USAddress/CityNm0Azusa
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ReturnHeader/PreparerPersonGrp/PreparationDt02023-03-05
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ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-03-05T04:59:56-00:00
ReturnHeader/ReturnTypeCd0990
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ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CHOK
ReturnHeader/TaxPeriodBeginDt02021-05-01
ReturnHeader/TaxPeriodEndDt02022-04-30
ReturnHeader/TaxYr02021

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