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Nonprofit · EIN 92-3058730

LIGHT DAO FOUNDATION INC

Tax-exempt · LOS ANGELES, CA 90049

Financials

$167K$117K2023
Revenue Expenses · by fiscal year end
Financials of LIGHT DAO FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990$167,414$117,455$49,959$49,959$0$49,959
Financial details: 990 for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$105,000
Membership dues
$100,000
Program service revenue
$62,414
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$96,240
Travel
$1,081
Program services (functional)
$93,964
Management and general (functional)
$23,491

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$49,959
Total liabilities, end of year
$0
Net assets, end of year
$49,959
Publicly traded securities
$15,000
Net assets without donor restrictions
$49,959
Gross receipts
$167,414
Employees
0
Volunteers
2
Year formed
2023
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2023, highest compensation first.

NameTitleHours / weekCompensation
MICHAEL CHIANGDIRECTOR
Trustee or director
–$0
GUY GOTSLAKTREASURER
Trustee or director
–$0
HANNA KIMSECRETARY
Trustee or director
–$0
PAYAM SAFAPRESIDENT
Officer
–$0

Address and contacts

Address (IRS master file)
12422 DEERBROOK LN, LOS ANGELES, CA 90049-1912
Principal officer (990 for 2023)
PAYAM SAFA, 12422 DEERBROOK LANE, LOS ANGELES, CA 90049
Signed the 990
PAYAM SAFA, PRESIDENT
Phone
(310) 868-4345
Return prepared by
BURKLAND ASSOCIATES LLC

California records

California keeps its own records of charities and corporations. Search them by EIN 92-3058730 or by the name LIGHT DAO FOUNDATION INC.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

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.

990 for the year ended December 31, 2023

Program accomplishments

  • REGULAR GATHERINGS
    Expenses $46,982 · revenue $31,207
  • OTHER EVENTS
    Expenses $37,585 · revenue $24,966
  • ADVISORY/BUSINESS SUPPORT/ MASTERMINDS
    Expenses $9,397 · revenue $6,241

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026Not on file
2023August 31, 2024January 15, 2025Not on file

IRS record

EIN
92-3058730
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2024
Accounting year ends
August
Files
Form 990 or 990-EZ
Assets (IRS master file)
$49,959
Income (IRS master file)
$167,414

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2023$167,414$117,455$49,959XML

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 92-3058730).

Questions about LIGHT DAO FOUNDATION INC

What is the EIN of LIGHT DAO FOUNDATION INC?
The employer identification number (EIN) of LIGHT DAO FOUNDATION INC is 92-3058730.
Is LIGHT DAO FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2024.
Are donations to LIGHT DAO FOUNDATION INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does LIGHT DAO FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LIGHT DAO FOUNDATION INC due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LIGHT DAO FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2023.
Who is the principal officer of LIGHT DAO FOUNDATION INC?
The 990 for the year ended December 31, 2023 names PAYAM SAFA.
Who are the officers and directors of LIGHT DAO FOUNDATION INC?
The 990 for the year ended December 31, 2023 lists 4 people; 0 received compensation from the organization.
How much revenue does LIGHT DAO FOUNDATION INC have?
On its 990 for the year ended December 31, 2023 it reported revenue of $167,414, expenses of $117,455 and total assets of $49,959 at year end.

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