LIFE LIGHT EDUCATIONAL FOUNDATION (EIN 261374037) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

LIFE LIGHT EDUCATIONAL FOUNDATION, founded in 2007, is a small nonprofit in the Education sector that reported $324K in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $65K, a strong 20% operating margin.

Mission

TO PROVIDE FINANCIAL ASSISTANCE TO BLIND, HANDICAPPED OR POOR STUDENTS WHO ARE UNABLE TO RECEIVE EDUCATION DUE TO FINANCIAL HARDSHIP SO THAT THEY WILL BE ABLE TO SUPPORT THEMSELVES, AND LIFTING THE BURDEN OFF SOCIETY TO CARE FOR THEM.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $230,516

Program Service Revenue $0

Investment Income $93,902

Other Revenue $0

TOTAL REVENUE $324,418

Expense Breakdown

Grants Paid $211,365

Salaries & Benefits $38,785

Fundraising Expenses $0

Program Expenses $211,365

Other Expenses $9,545

TOTAL EXPENSES $259,695

Year-over-Year Comparison

	2023	2022	Change
Revenue	$324,418	$255,372	+0.3%
Expenses	$259,695	$283,276	-0.1%
Net Income	$64,723	$-27,904	-3.3%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

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

$20,400

Total Directors

$20,400

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM LEI	PRESIDENT	5.00	Officer Director	$20,400	$0	$20,400
WEI CHING LEI	SECRETARY & TREASURER	5.00	Officer Director	$0	$0	$0
ROBERT P LEWIS	VICE PRESIDENT	5.00	Officer Director	$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
2024	No data	No data	No data	No data
2023	$324,418	$259,695	$1,505,638	$64,723
2022	$255,372	$283,276	$1,440,295	$-27,904
2021	$352,653	$215,318	$1,468,172	$137,335
2020	$291,560	$198,523	$1,330,840	$93,037
2019	$404,316	$260,985	$1,237,425	$143,331
2018	$415,029	$385,603	$1,096,686	$29,426

LIFE LIGHT EDUCATIONAL FOUNDATION