WORLD LIGHT FOUNDATION

EIN: 208035570 501(c)(3) Education

HACIENDA HEIGHTS, CA

Total Revenue
$195,200
Total Expenses
$37,214
Total Assets
$1,459,574
Net Assets
$1,459,574
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
CA
Phone
6262728288
Tax Period
2018-01-01 to 2018-12-31

WORLD LIGHT FOUNDATION, founded in 2006, is a small nonprofit in the Education sector that reported $195K in total revenue in fiscal year 2018. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $158K, a strong 81% operating margin.

Mission

(1)TO AWARD GRANTS TO STUDENTS WITH INTEREST IN INSURANCE INDUSTRY AND PROVIDE INTERNSHIP OPPORTUNITIES. (2) TO ASSIST IN PUBLIC SEMINARS THAT ADVOCATE MENTAL HEALTH.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $131,950
Program Service Revenue $0
Investment Income $63,250
Other Revenue $0
TOTAL REVENUE $195,200

Expense Breakdown

Grants Paid $24,500
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $24,500
Other Expenses $12,714
TOTAL EXPENSES $37,214

Year-over-Year Comparison

2018 2017 Change
Revenue $195,200 $156,934 +0.2%
Expenses $37,214 $24,915 +0.5%
Net Income $157,986 $132,019 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
I-HSIN LIU Director 5.00
Director
$0 $0 $0
BARRY R LO Director 5.00
Director
$0 $0 $0
JOAN QUANG HANG CEO/President 5.00
Officer
$0 $0 $0
CHUNG HWEI CHANG Secretary 5.00
Officer
$0 $0 $0
ANGELA L CHANG CFO 5.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2018 $195,200 $37,214 $1,459,574 $157,986
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