Liabilities / Assets
64th percentile
Tied with the lowest-debt nonprofits in its peer group.
990EZ • Fiscal year 2023 • EIN 51-0424438
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
64th percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
63rd percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
6th percentile
Higher net margin than 6% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
65th percentile
Faster asset growth than 65% of similar nonprofits.
Revenue Growth
6th percentile
Faster revenue growth than 6% of similar nonprofits.
Assets
Up$281,118
Up $27,628 (+11%) from 2022
Net Assets
-
No earlier filing loaded for comparison.
Liabilities
Down$0
Down $1,058 (-100%) from 2022
Revenue
Down$5,699
Down $12,180 (-68%) from 2022
Expenses
Down$10,717
Down $3,547 (-25%) from 2022
Net Income
Down-$5,018
Down $8,633 (-239%) from 2022
This 2023 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
2023 • Form 990EZSummary only. Only limited summary data is available for this year.