Liabilities / Assets
54th percentile
Higher debt load relative to assets than 54% of similar nonprofits.
990EZ • Fiscal year 2016 • EIN 51-0424438
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
54th percentile
Higher debt load relative to assets than 54% of similar nonprofits.
Liabilities / Revenue
56th percentile
Higher debt load relative to revenue than 56% of similar nonprofits.
Net Margin
92nd percentile
Higher net margin than 92% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
64th percentile
Faster asset growth than 64% of similar nonprofits.
Revenue Growth
93rd percentile
Faster revenue growth than 93% of similar nonprofits.
Assets
Up$200,709
Up $19,632 (+11%) from 2015
Net Assets
-
No earlier filing loaded for comparison.
Liabilities
Up$80
Up $80 from 2015
Revenue
Up$38,631
Up $18,903 (+96%) from 2015
Expenses
Down$19,079
Down $1,470 (-7.2%) from 2015
Net Income
Up$19,552
Up $20,373 (+2481%) from 2015
This 2016 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
2016 • Form 990EZSummary only. Only limited summary data is available for this year.