Nonprofit · EIN 99-1551042
LIGHT SOURCE FOUNDATION
Tax-exempt · SHERMAN OAKS, CA 91403
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $523 | $16,217 | -$15,694 | $9,720 | $10,217 | -$497 |
| December 31, 2024 | 990 | $45,403 | $30,206 | $15,197 | $15,197 | $0 | $15,197 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $523
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $10,217
- Program services (functional)
- $6,000
- Management and general (functional)
- $10,217
Balance sheet and other
- Total assets, start of year
- $15,197
- Total assets, end of year
- $9,720
- Total liabilities, end of year
- $10,217
- Net assets, end of year
- -$497
- Publicly traded securities
- $9,720
- Gross receipts
- $523
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2024
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID KAY | DIRECTOR/PRESIDENT Trustee or director, Officer | 10 | $0 |
| DORSA KAY | DIRECTOR Trustee or director | 5 | $0 |
990 for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID KAY | DIRECTOR/PRESIDENT Trustee or director, Officer | 10 | $0 |
| DORSA KAY | DIRECTOR Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 12500 RAYNETA DRIVE, SHERMAN OAKS, CA 91403-0000
- In care of
- % LIGHT SOURCE FOUNDATION
- Principal officer (990 for 2025)
- DAVID KAY, 12500 RAYNETA DRIVE, SHERMAN OAKS, CA 91403
- Signed the 990
- DAVID KAY, DIRECTOR
- Phone
- (818) 856-9535
- Return prepared by
- SCHNAUS LAW GROUP
California records
California keeps its own records of charities and corporations. Search them by EIN 99-1551042 or by the name LIGHT SOURCE FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
LIGHT SOURCE FOUNDATION WAS FOUNDED IN ORDER TO PROMOTE AN INCLUSIVE COMMUNITY THAT REFLECTS THE BEST OF AMERICAN AND JEWISH VALUES. THE PURSUIT OF A JUST SOCIETY, ENSURING A STRONG JEWISH FUTURE AND PROMOTING A SAFE AND VIBRANT ISRAEL ARE THE ENDURING CORNERSTONES OF OUR WORK WHICH IS DONE THROUGH EDUCATION AND LEARNING. BY PROVIDING EDUCATIONAL EVENTS TO PROMOTE A CULTURE OF CONTINUOUS LEARNING AND UNDERSTANDING WE FEEL WE CAN MAKE A BETTER FUTURE FOR ALL.
Program accomplishments
- SINGLE JEWISH NIGHT. AN EVENT TO PROVIDE A SAFE ENVIRONMENT FOR THOSE PEOPLE OF THE JEWISH FAITH TO SOCIALIZE AND FURTHER THEIR EDUCATIONAL GOALS VIA SEMINARS AND OTHER EDUCATIONAL BASED EVENTS FOR BOTH CHILDREN UNDER 18 YEARS OF AGE AND SEPARATELY FOR ADULTS WHO WANT TO CONTINUE TO LEARN ABOUT THE JEWISH FAITH.Expenses $6,000
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 99-1551042
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2025
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Religion-related (X99)
- Assets (IRS master file)
- $9,720
- Income (IRS master file)
- $523
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $523 | $16,217 | $9,720 | IRS |
| 990 | December 2024 | $45,403 | $30,206 | $15,197 | XML |
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 99-1551042).
Questions about LIGHT SOURCE FOUNDATION
- What is the EIN of LIGHT SOURCE FOUNDATION?
- The employer identification number (EIN) of LIGHT SOURCE FOUNDATION is 99-1551042.
- Is LIGHT SOURCE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
- Are donations to LIGHT SOURCE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LIGHT SOURCE FOUNDATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of LIGHT SOURCE FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LIGHT SOURCE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of LIGHT SOURCE FOUNDATION?
- The 990 for the year ended December 31, 2025 names DAVID KAY.
- Who are the officers and directors of LIGHT SOURCE FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does LIGHT SOURCE FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $523, expenses of $16,217 and total assets of $9,720 at year end.
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