Yuan Foundation
- Assets
- $438.0k
- Revenue
- $534.3k
- Investments
- $0.0
- Employees
- 3
- Location
- North Bethesda, MD
- Founding
- Data as of
- 12/2023
- EIN
- 87-4812150
Organization Overview
Yuan Foundation is located in North Bethesda, MD. According to its NTEE Classification (W24) the organization is classified as: Citizen Participation, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2023, Yuan Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yuan Foundation 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 12/2023, Yuan Foundation generated $534.3k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 43.4% each year . All expenses for the organization totaled $425.1k during the year ending 12/2023. While expenses have increased by 43.2% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION IS DEDICATED TO THE ENRICHMENT OF THE UNITED STATES BY ENCOURAGING CITIZENS TO EMBRACE THEIR RIGHTS AND RESPONSIBILITIES, BY PROMOTING THE FOUNDING IDEALS OF LIBERTY AND DEMOCRACY AND PROVIDING A PLATFORM FOR VOICING COMMON CONCERNS AND INTERESTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION IS A NON-PARTISAN ORGANIZATION WITHOUT ITS OWN POLICY OBJECTIVES THAT PROVIDES A PLATFORM FOR THE EXCHANGE OF IDEAS, INCREASED PUBLIC AWARENESS, ENGAGEMENT OF THE COMMUNITY IN THE ELECTORAL PROCESS, AND PARTICIPATION IN THEIR FEDERAL, STATE, AND LOCAL GOVERNMENTS. THE FOUNDATION DOES THIS THROUGH MEDIA OUTREACH, EDUCATIONAL EVENTS AND OPPORTUNITIES, AND CONDUCTING RESEARCH ON TOPICS RELEVANT TO THE FOUNDATION'S MISSION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ting Tang Chief Executive Officer | OfficerTrustee | 40 | $90,938 |
Stephany Yu Chair | OfficerTrustee | 10 | $0 |
Weihong Cui Vice Chair | OfficerTrustee | 0.5 | $0 |
Fanghua Jiang Director | Trustee | 0.5 | $0 |
Bing Lu Director | Trustee | 0.5 | $0 |
Stephanie Gualino Treasurer | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $526,510 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $526,510 |
| Total Program Service Revenue | $7,824 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $534,334 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,800 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $111,875 |
| Compensation of current officers, directors, key employees. | $17,621 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $102,063 |
| Pension plan accruals and contributions | $5,199 |
| Other employee benefits | $0 |
| Payroll taxes | $14,368 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $78,353 |
| Advertising and promotion | $0 |
| Office expenses | $13,218 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $56,922 |
| Travel | $2,662 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $646 |
| Insurance | $2,303 |
| All other expenses | $0 |
| Total functional expenses | $425,135 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $173,149 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,479 |
| Net Land, buildings, and equipment | $996 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $261,353 |
| Total assets | $437,984 |
| Accounts payable and accrued expenses | $15,087 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $261,075 |
| Total liabilities | $276,162 |
| Net assets without donor restrictions | $161,822 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $437,984 |