Civic Intelligence

Emerging Light Foundation Inc.

990PF • Fiscal year 2021 • EIN 83-2803187

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 14, 2022

801 Thompson AvenueRockville, MD 20852

(301) 363-7766

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

Higher debt load relative to assets than 26% of similar nonprofits.

2021 filings • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

33rd percentile

0.01x

Higher debt load relative to revenue than 33% of similar nonprofits.

2021 filings • $5M-$10M nonprofits • Source year 2021

Net Margin

1st percentile

-2847%

Higher net margin than 1% of similar nonprofits.

2021 filings • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

32nd percentile

$0

Higher top officer pay than 32% of similar nonprofits.

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

2021 filings • $5M-$10M nonprofits • Source year 2021

Asset Growth

3rd percentile

-20%

Faster asset growth than 3% of similar nonprofits.

2021 filings • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

81st percentile

84%

Faster revenue growth than 81% of similar nonprofits.

2021 filings • $5M-$10M nonprofits • Annualized from 2020 to 2021

Assets

Down

$6,271,792

Down $1,540,908 (-20%) from 2020

Net Assets

Down

$6,270,778

Down $1,540,722 (-20%) from 2020

Liabilities

Down

$1,014

Down $186 (-16%) from 2020

Revenue

Up

$71,704

Up $32,834 (+84%) from 2020

Expenses

Down

$2,112,760

Down $39,050 (-1.8%) from 2020

Net Income

Up

-$2,041,056

Up $71,884 (+3.4%) from 2020

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2018: $1Liabilities 2018: $150,0002018Assets 2019: $9,566,111Liabilities 2019: $698Net Assets 2019: $9,565,4132019Assets 2020: $7,812,700Liabilities 2020: $1,200Net Assets 2020: $7,811,5002020Assets 2021: $6,271,792Liabilities 2021: $1,014Net Assets 2021: $6,270,7782021Assets 2022: $3,187,171Liabilities 2022: $1,499Net Assets 2022: $3,185,6722022Assets 2023: $848,459Liabilities 2023: $2,122Net Assets 2023: $846,3372023Assets 2024: $327,717Liabilities 2024: $0Net Assets 2024: $327,7172024

Highlighted filing

2021

Assets$6,271,792
Liabilities$1,014
Net Assets$6,270,778

Operations Trend

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

$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2018: $1Expenses 2018: $150,000Net Income 2018: -$149,9992018Revenue 2019: $200,878Expenses 2019: $613,204Net Income 2019: -$412,3262019Revenue 2020: $38,870Expenses 2020: $2,151,810Net Income 2020: -$2,112,9402020Revenue 2021: $71,704Expenses 2021: $2,112,760Net Income 2021: -$2,041,0562021Revenue 2022: $301,839Expenses 2022: $2,324,510Net Income 2022: -$2,022,6712022Revenue 2023: $12,348Expenses 2023: $2,568,104Net Income 2023: -$2,555,7562023Revenue 2024: $406,942Expenses 2024: $923,794Net Income 2024: -$516,8522024

Highlighted filing

2021

Revenue$71,704
Expenses$2,112,760
Net Income-$2,041,056
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 14, 2022
Return Version
2021v4.2
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KAMAL GHAFFARIANCEO And President-$0--
MATTHEW YETMANSecretary/Treasurer-$0--
MICHAEL GIGLIOTTIDirector-$0--
Filing and Contact Details

Filer

Filer Name
Emerging Light Foundation Inc
EIN
83-2803187
Phone
3013637766
Address
801 THOMPSON AVENUE, ROCKVILLE, MD 20852

Signing Officer

Name
Matthew Yetman
Title
Secretary/treasurer
Phone
2402161199
Signed
2022-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Grant Thornton Llp
Address
1000 WILSON BOULEVARD SUITE 1400, ARLINGTON, VA 22209
Preparer
Mary Torretta
Phone
7038477500
Raw XML Appendix392 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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OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt2100
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OtherIncomeSchedule2/OtherIncomeDetail/NetInvestmentIncomeAmt0-2774
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OtherIncreasesSchedule/OtherIncreasesDetail/Amt0483457
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TaxesSchedule/TaxesDetail/Amt03402
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MATTHEW YETMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY/TREASURER
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ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-14
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ReturnHeader/Filer/EIN0832803187
ReturnHeader/Filer/PhoneNum03013637766
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0366055558
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GRANT THORNTON LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01000 WILSON BOULEVARD SUITE 1400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ARLINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd022209
ReturnHeader/PreparerPersonGrp/PhoneNum07038477500
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARY TORRETTA
ReturnHeader/ReturnTs02022-11-14T13:08:01-06:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MATTHEW
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0YETMAN
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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