LIGHT DAO FOUNDATION INC (EIN 923058730) - Form 990 Financial Analysis & Trantor Score

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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

2023

Legal Domicile

Principal Officer

PAYAM SAFA

Phone

3108684345

Tax Period

2023-01-01 to 2023-12-31

LIGHT DAO FOUNDATION INC, founded in 2023, is a small nonprofit in the Community Improvement sector that reported $167K in total revenue in fiscal year 2023. The organization ran a surplus of $50K, a strong 30% operating margin.

Mission

OUR MISSION IS TO EXPAND COLLECTIVE CONSCIOUSNESS TOWARDS UNITY, LIGHT, AND LOVE THROUGH ENLIGHTENMENT. WE FOCUS ON PROMOTING EDUCATION, HUMANITARIAN EFFORTS, AND THE OVERALL WELL-BEING OF THE COMMUNITY, ENCOURAGING CO-CREATION. OUR PRIMARY ACTIVITIES INCLUDE HOSTING REGULAR MONTHLY GATHERINGS IN THE CITIES WHERE WE OPERATE.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $105,000

Program Service Revenue $62,414

Investment Income $0

Other Revenue $0

TOTAL REVENUE $167,414

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $93,964

Other Expenses $117,455

TOTAL EXPENSES $117,455

Year-over-Year Comparison

	2023	2022	Change
Revenue	$167,414	N/A	N/A
Expenses	$117,455	N/A	N/A
Net Income	$49,959	N/A	N/A

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

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL CHIANG	DIRECTOR	N/A	Director	$0	$0	$0
GUY GOTSLAK	TREASURER	N/A	Director	$0	$0	$0
HANNA KIM	SECRETARY	N/A	Director	$0	$0	$0
PAYAM SAFA	PRESIDENT	N/A	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
2023	$167,414	$117,455	$49,959	$49,959

LIGHT DAO FOUNDATION INC