Liabilities / Assets
55th percentile
Higher debt load relative to assets than 55% of similar nonprofits.
990 • Fiscal year 2011 • EIN 51-0424438
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
55th percentile
Higher debt load relative to assets than 55% of similar nonprofits.
Liabilities / Revenue
64th percentile
Higher debt load relative to revenue than 64% of similar nonprofits.
Net Margin
38th percentile
Higher net margin than 38% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
34th percentile
Faster asset growth than 34% of similar nonprofits.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Assets
Down$144,500
Down $11,874 (-7.6%) from 2010
Net Assets
Down$143,961
Down $11,779 (-7.6%) from 2010
Liabilities
Down$539
Down $95 (-15%) from 2010
Revenue
$25,769
No earlier filing loaded for comparison.
Expenses
Up$26,655
Up $4,515 (+20%) from 2010
Net Income
-$886
No earlier filing loaded for comparison.
This 2011 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.
The michael yang foundation was formed in response to areas of need recognized by the founders of the organization who experienced a loss of a child at a very early age. The foundation was formed to help in three specific areas: 1 - grief support program for bereaved parents in salisbury, nc and surrouding area for parents who have lost a child. The foundation pays the costs of the couselors for this program. 2 - kindermusik is a music education program for children ranging in age from birth to seven years of age. The foundation will sponsor a child each semester to help a child experience the benefits of music enrichment during the early years of life. 3 - the michael yang foundation will sponsor a high school student each summer to participate in a christian organization for disinterested teenager - young life. Other opportunities to help the youth of the community are always being explored.
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2011 • Form 990Summary only. Only limited summary data is available for this year.