Civic Intelligence

Walter and Fannie Wang Foundation

EIN 26-3315955 • San Jose, CA

1133 Kendal CTSan Jose, CA 95120
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

77th percentile

0.04x

Higher debt load relative to assets than 77% of similar nonprofits.

<$500k nonprofits • Source year 2024

Liabilities / Revenue

95th percentile

0.94x

Higher debt load relative to revenue than 95% of similar nonprofits.

<$500k nonprofits • Source year 2024

Net Margin

10th percentile

-140%

Higher net margin than 10% of similar nonprofits.

<$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

<$500k nonprofits • Source year 2024

Asset Growth

44th percentile

-5.6%

Faster asset growth than 44% of similar nonprofits.

<$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

10th percentile

-82%

Faster revenue growth than 10% of similar nonprofits.

<$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$386,672

Down $23,100 (-5.6%) from 2023

Liabilities

Up

$16,815

Up $1,426 (+9.3%) from 2023

Net Assets

Down

$369,857

Down $24,526 (-6.2%) from 2023

Revenue

Down

$17,908

Down $84,249 (-82%) from 2023

Expenses

Down

$42,982

Down $4,103 (-8.7%) from 2023

Net Income

Down

-$25,074

Down $80,146 (-146%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2013: $297,413Liabilities 2013: $3,233Net Assets 2013: $294,1802013Assets 2015: $335,891Liabilities 2015: $392Net Assets 2015: $335,4992015Assets 2016: $373,271Liabilities 2016: $0Net Assets 2016: $373,2712016Assets 2017: $444,092Liabilities 2017: $717Net Assets 2017: $443,3752017Assets 2018: $458,567Liabilities 2018: $11,500Net Assets 2018: $447,0672018Assets 2019: $457,557Liabilities 2019: $2,324Net Assets 2019: $455,2332019Assets 2020: $452,111Liabilities 2020: $11,305Net Assets 2020: $440,8062020Assets 2021: $442,344Liabilities 2021: $18,917Net Assets 2021: $423,4272021Assets 2022: $434,057Liabilities 2022: $4,271Net Assets 2022: $429,7862022Assets 2023: $409,772Liabilities 2023: $15,389Net Assets 2023: $394,3832023Assets 2024: $386,672Liabilities 2024: $16,815Net Assets 2024: $369,8572024

Highlighted filing

2024

Assets$386,672
Liabilities$16,815
Net Assets$369,857

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KExpenses 2013: $12,2202013Revenue 2015: $27,921Expenses 2015: $15,352Net Income 2015: $12,5692015Revenue 2016: $54,735Expenses 2016: $16,963Net Income 2016: $37,7722016Revenue 2017: $90,662Expenses 2017: $20,558Net Income 2017: $70,1042017Revenue 2018: $6,513Expenses 2018: $30,823Net Income 2018: -$24,3102018Revenue 2019: $23,532Expenses 2019: $19,445Net Income 2019: $4,0872019Revenue 2020: $9,311Expenses 2020: $27,230Net Income 2020: -$17,9192020Revenue 2021: $21,830Expenses 2021: $42,357Net Income 2021: -$20,5272021Revenue 2022: $39,903Expenses 2022: $34,923Net Income 2022: $4,9802022Revenue 2023: $102,157Expenses 2023: $47,085Net Income 2023: $55,0722023Revenue 2024: $17,908Expenses 2024: $42,982Net Income 2024: -$25,0742024

Highlighted filing

2024

Revenue$17,908
Expenses$42,982
Net Income-$25,074

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Mar 25, 2025
Return Version
2023v6.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
WALTER C WANGPresident-$0--
FUNG WING WANGVice President-$0--
Filing and Contact Details

Filer

Filer Name
Walter and Fannie Wang Foundation
EIN
26-3315955
Phone
4088579829
Address
1133 KENDAL CT, SAN JOSE, CA 95120

Signing Officer

Name
Fung Wing Wang
Title
Vice President
Phone
4088579829
Signed
2025-03-25
Discuss with paid preparer
Yes

Preparer

Firm
Eric Zhang & Associates Llp
Address
920 HILLVIEW CT, MILPITAS, CA 95035
Preparer
Eric Zhang CPA
Phone
4084358828
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GeneralExplanationAttachment/GeneralExplanationGrp/IdentifierTxt0SUMMARY OF DIRECT CHARITABLE ACTIVITIES
GeneralExplanationAttachment/GeneralExplanationGrp/MediumExplanationTxt0THE MISSION OF OUR PRIVATE FOUNDATION IS TO IMPROVE THE QUALITY OF LIFE, HEALTH AND EDUCATION OF CHILDREN AROUND THE WORLD. WE'VE MADE GRANTS TO SUPPORT DIFFERENT PROGRAMS LIKE SPEECH AND DEBATE, MUSIC AND SPORTS PROGRAMS IN MIDDLE SCHOOLS, HIGH SCHOOLS AND UNIVERSITIES AND CHILDREN'S PROGRAMS AT DIFFERENT CHURCHES. WE'VE ALSO SET UP A FAMILY ENDOWMENT SCHOLARSHIP AT THE UNIVERSITY OF SOUTHERN CALIFORNIA. TO FURTHER CONTRIBUTE TO THE EDUCATION OF KIDS IN THE BAY AREA, WE'VE ALSO SET UP TWO DBA'S IN MAY 2023, BAY AREA STEM ACADEMY (BASA) AND ALMADEN COMMUNITY BASKETBALL (ACB). BASA'S MISSION IS TO PROVIDE FREE AND HIGH QUALITY STEM CAMPS AND WORKSHOPS TO TEACH AND INSPIRE YOUTH ALL ACROSS THE BAY AREA. WE RECRUITED A TEAM OF COLLEGE AND HIGH SCHOOL VOLUNTEERS TO RUN THE CAMPS AND THE ORGANIZATION. AT BAY AREA STEM ACADEMY, WE'RE NOT JUST TEACHING SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS WE'RE INSPIRING THE NEXT GENERATION OF INNOVATORS, PROBLEM-SOLVERS, AND WORLD-CHANGERS. OUR UNIQUE APPROACH COMBINES PASSION-DRIVEN LEARNING WITH REAL-WORLD APPLICATION, PLACING INNOVATION AT THE CORE OF EVERYTHING WE DO. VISIT OUR WEBSITE FOR MORE DETAILS: HTTPS://BAYAREASTEMACADEMY.ORG. YOU CAN FIND DETAILS OF OUR PREVIOUS SESSIONS AT HTTPS://BAYAREASTEMACADEMY.ORG/SESSIONSACB IS COMMITTED TO DEVELOPING FUNDAMENTAL BASKETBALL SKILLS AMONG LOCAL YOUTH PLAYERS AND BRINGING THE COMMUNITY TOGETHER THROUGH BASKETBALL. WITH DEDICATED PARENTS AND HIGH SCHOOL VOLUNTEERS LEADING THE WAY, WE FOSTER CAMARADERIE AMONG PLAYERS, ENCOURAGING CONNECTIONS WITH NEIGHBORS AND CLASSMATES. OUR ULTIMATE GOAL IS TO INSPIRE PLAYERS TO THRIVE AND EXCEL IN THE GAME OF BASKETBALL. PROVIDES BASKETBALL WORKSHOPS AND CAMPS TO KIDS DURING THE SUMMER FOR A VERY LOW COST. WE'RE STILL IN THE PROCESS OF SETTING UP OUR WEBSITE. HERE IS A LINK TO THE PHOTOS FROM OUR SUMMER 2024 WORKSHOP AT BRET HARTE MIDDLE SCHOOL OUTDOOR BASKETBALL COURT. HTTPS://PHOTOS.APP.GOO.GL/FPF8C64UENZ6K6QP7
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