Civic Intelligence

The Michael Yang Foundation

990 • Fiscal year 2011 • EIN 51-0424438

Jan 01, 2011 to Dec 31, 2011

Salisbury, NC
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

55th percentile

0.00x

Higher debt load relative to assets than 55% of similar nonprofits.

2011 filings • NTEE O50 • <$500k nonprofits • Source year 2011

Liabilities / Revenue

64th percentile

0.02x

Higher debt load relative to revenue than 64% of similar nonprofits.

2011 filings • NTEE O50 • <$500k nonprofits • Source year 2011

Net Margin

38th percentile

-3.4%

Higher net margin than 38% of similar nonprofits.

2011 filings • NTEE O50 • <$500k nonprofits • Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

34th percentile

-7.6%

Faster asset growth than 34% of similar nonprofits.

2011 filings • NTEE O • <$500k nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2011

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.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2010: $156,374Liabilities 2010: $634Net Assets 2010: $155,7402010Assets 2011: $144,500Liabilities 2011: $539Net Assets 2011: $143,9612011Assets 2012: $164,505Liabilities 2012: $236Net Assets 2012: $164,2692012Assets 2013: $182,643Liabilities 2013: $8Net Assets 2013: $182,6352013Assets 2014: $190,696Liabilities 2014: $0Net Assets 2014: $190,6962014Assets 2015: $181,077Liabilities 2015: $02015Assets 2016: $200,709Liabilities 2016: $802016Assets 2017: $215,806Liabilities 2017: $411Net Assets 2017: $215,3952017Assets 2018: $202,348Liabilities 2018: $665Net Assets 2018: $201,6832018Assets 2019: $233,329Liabilities 2019: $733Net Assets 2019: $232,5962019Assets 2020: $244,161Liabilities 2020: $322Net Assets 2020: $243,8392020Assets 2021: $286,060Liabilities 2021: $6322021Assets 2022: $253,490Liabilities 2022: $1,058Net Assets 2022: $252,4322022Assets 2023: $281,118Liabilities 2023: $02023Assets 2024: $306,502Liabilities 2024: $236Net Assets 2024: $306,2662024

Highlighted filing

2011

Assets$144,500
Liabilities$539
Net Assets$143,961

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$40K$20K$0-$20KExpenses 2010: $22,1402010Revenue 2011: $25,769Expenses 2011: $26,655Net Income 2011: -$8862011Expenses 2012: $16,1042012Revenue 2013: $23,638Expenses 2013: $23,762Net Income 2013: -$1242013Revenue 2014: $32,202Expenses 2014: $19,943Net Income 2014: $12,2592014Revenue 2015: $19,728Expenses 2015: $20,549Net Income 2015: -$8212015Revenue 2016: $38,631Expenses 2016: $19,079Net Income 2016: $19,5522016Revenue 2017: $32,011Expenses 2017: $17,245Net Income 2017: $14,7662017Revenue 2018: $15,810Expenses 2018: $15,833Net Income 2018: -$232018Revenue 2019: $12,645Expenses 2019: $17,559Net Income 2019: -$4,9142019Revenue 2020: $2,400Expenses 2020: $13,754Net Income 2020: -$11,3542020Revenue 2021: $26,761Expenses 2021: $15,199Net Income 2021: $11,5622021Revenue 2022: $17,879Expenses 2022: $14,264Net Income 2022: $3,6152022Revenue 2023: $5,699Expenses 2023: $10,717Net Income 2023: -$5,0182023Revenue 2024: $8,129Expenses 2024: $13,715Net Income 2024: -$5,5862024

Highlighted filing

2011

Revenue$25,769
Expenses$26,655
Net Income-$886
Filing Detail Status

This 2011 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

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Filing Snapshot
Filing Period
Jan 1, 2011 to Dec 31, 2011
Mission and Program Overview

Mission

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.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.07$0.00$3.06$0.08$0.14$0.06
2023Summary only. Only limited summary data is available for this year.$2.81$0.00$0.06$0.11$0.05
2022Detailed filing. Detailed filing data is available for this year.$2.53$0.01$2.52$0.18$0.14$0.04
2021Summary only. Only limited summary data is available for this year.$2.86$0.01$0.27$0.15$0.12
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.44$0.00$2.44$0.02$0.14$0.11
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.33$0.01$2.33$0.13$0.18$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.02$0.01$2.02$0.16$0.16$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.16$0.00$2.15$0.32$0.17$0.15
2016Summary only. Only limited summary data is available for this year.$2.01$0.00$0.39$0.19$0.20
2015Summary only. Only limited summary data is available for this year.$1.81$0.00$0.20$0.21$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.91$0.00$1.91$0.32$0.20$0.12
2013Detailed filing. Detailed filing data is available for this year.$1.83$0.00$1.83$0.24$0.24$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.65$0.00$1.64$0.16
2011Summary only. Only limited summary data is available for this year.$1.45$0.01$1.44$0.26$0.27$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.56$0.01$1.56$0.22