Hi Don,
Boards equipped with LED indicators can assist you with diagnosing boot problems. They are different from the Debug LED display located at the top right corner of your board. I was not aware this model had them. Look closely and tell us which is lit? (CPU, VGA, etc) The PCB will be stamped.
Have you tried resetting your CMOS? Please disconnect the 24-pin power connector from the board. Now use a jumper or flat blade screwdriver to short the CLR_CMOS pins located at the lower right corner of your board. 10 secs should suffice. Reconnect power and attempt to power on the system, if successful, press <DEL> to enter BIOS and make whatever changes are necessary for the system to boot.
If the above does not help, you will need to perform further troubleshooting. Remove GPU, all but one stick of RAM, any add on cards, hard drives, etc, until the system will start, give beep error codes or exhibit other behavior.
If you have made changes to your hardware, BIOS, or updated the BIOS and this behavior has resulted, please share this with us.
Is your CPU fan spinning and any other observations?