Fortune Leaves Angel Fund

Organization Overview

Fortune Leaves Angel Fund is located in San Jose, CA. The organization was established in 2016. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fortune Leaves Angel Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Fortune Leaves Angel Fund generated $14.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.2%) each year. All expenses for the organization totaled $4.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

FOCUS ON THE SENIORS HEALTH SITUATION OF OUR COMMUNITY


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Board, Officers & Key Employees

Name (title)Compensation
Yongqiang Qian
President CEO
$0
Lili Zhang
CFO
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $14,000
Interest on Savings $0
Dividends & Interest $463
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $2,408
Net ST Capital Gain $2,403
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $14,463

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