Civic Intelligence

Ykc Foundation Inc.

990EZ • Fiscal year 2020 • EIN 82-1478835

Jan 01, 2020 to Dec 31, 2020 • Filed on May 11, 2021

Organization ProfileN/A
70 Francis AvenueCambridge, MA 02138

(897) 389-6718

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Higher debt load relative to assets than 59% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

66th percentile

0.02x

Higher debt load relative to revenue than 66% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

37th percentile

-1.6%

Higher net margin than 37% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

41st percentile

-0.3%

Faster asset growth than 41% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

99th percentile

1013%

Faster revenue growth than 99% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$198,959

Down $617 (-0.3%) from 2019

Net Assets

Down

$198,109

Down $617 (-0.3%) from 2019

Liabilities

Flat

$850

Flat from 2019

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin37th percentile

Revenue

Up

$37,946

Up $34,537 (+1013%) from 2019

Expenses

Up

$38,563

Up $36,899 (+2217%) from 2019

Net Income

Down

-$617

Down $2,362 (-135%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth41st percentile

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

$200K$150K$100K$50K$0Assets 2018: $197,831Liabilities 2018: $850Net Assets 2018: $196,9812018Assets 2019: $199,576Liabilities 2019: $850Net Assets 2019: $198,7262019Assets 2020: $198,959Liabilities 2020: $850Net Assets 2020: $198,1092020Assets 2021: $197,237Liabilities 2021: $850Net Assets 2021: $196,3872021Assets 2022: $195,667Liabilities 2022: $850Net Assets 2022: $194,8172022Assets 2023: $195,163Liabilities 2023: $0Net Assets 2023: $195,1632023Assets 2024: $178,505Net Assets 2024: $178,5052024Assets 2025: $177,487Net Assets 2025: $177,4872025

Highlighted filing

2020

Assets$198,959
Liabilities$850
Net Assets$198,109
Open 2020 Filing

Operations Trend

Revenue Growth99th percentile

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

$200K$100K$0-$100KRevenue 2018: $186,319Expenses 2018: $3,488Net Income 2018: $182,8312018Revenue 2019: $3,409Expenses 2019: $1,664Net Income 2019: $1,7452019Revenue 2020: $37,946Expenses 2020: $38,563Net Income 2020: -$6172020Revenue 2021: $62Expenses 2021: $1,784Net Income 2021: -$1,7222021Revenue 2022: $115Expenses 2022: $1,685Net Income 2022: -$1,5702022Revenue 2023: $2,320Expenses 2023: $1,974Net Income 2023: $3462023Revenue 2024: $5,326Expenses 2024: $21,984Net Income 2024: -$16,6582024Revenue 2025: $0Expenses 2025: $1,018Net Income 2025: -$1,0182025

Highlighted filing

2020

Revenue$37,946
Expenses$38,563
Net Income-$617
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 11, 2021
Return Version
2020v4.1
Gross Receipts
$37,946
Mission and Program Overview

Mission

To engage in the business of supporting projects that enable higher learning for students of chinese and chinese-american backgrounds.

Program Services

DescriptionGrantsExpenses
TO ENGAGE IN THE BUSINESS OF SUPPORTING PROJECTS THAT ENABLE HIGHER LEARNING FOR STUDENTS OF CHINESE AND CHINESE-AMERICAN BACKGROUNDS.$0$31,055
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHRISTINA YAUDirector-$0--
ISAAC CHIUDirector-$0--
ANDREW YAUDirector-$0--
SHING-TUNG YAUPresidentPT$0--
MICHALE CHIUTreasurer-$0--
SHING-TUNG YAUClerk-$0--
Filing and Contact Details

Filer

Filer Name
Ykc Foundation Inc
EIN
82-1478835
Phone
8973896718
Address
70 FRANCIS AVENUE, CAMBRIDGE, MA 02138

Signing Officer

Name
Shing-tung Yau
Title
President
Phone
8973896718
Signed
2021-05-11
Discuss with paid preparer
Yes

Preparer

Firm
Newburg & Company Llp
Address
95 SAWYER ROAD SUITE 120, WALTHAM, MA 02453
Preparer
Howard Newburg
Phone
7818844100
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

“Description: interest income. Amount: 1,159.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: bank service fees. Amount: 132. Description: supplies . Amount: 29,305. Description: shipping. Amount: 7,326. Description: ma fees. Amount: 50. Total to form 990-ez, line 16: 36,813.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: accounts payable. Beg. Of year amount: 850. End of year amount: 850.”

Raw XML Appendix164 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MICHAEL CHIU
IRS990EZ/BooksInCareOfDetail/PhoneNum08973896718
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt070 FRANCIS AVENUE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CAMBRIDGE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002138
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0199576
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0198959
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt036787
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-617
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01750
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0199576
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0198959
IRS990EZ/GrossReceiptsAmt037946
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0198726
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0198109
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CHRISTINA YAU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ISAAC CHIU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ANDREW YAU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3SHING-TUNG YAU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4MICHALE CHIU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5SHING-TUNG YAU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5CLERK
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt036813
IRS990EZ/OtherRevenueTotalAmt01159
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO ENGAGE IN THE BUSINESS OF SUPPORTING PROJECTS THAT ENABLE HIGHER LEARNING FOR STUDENTS OF CHINESE AND CHINESE-AMERICAN BACKGROUNDS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO ENGAGE IN THE BUSINESS OF SUPPORTING PROJECTS THAT ENABLE HIGHER LEARNING FOR STUDENTS OF CHINESE AND CHINESE-AMERICAN BACKGROUNDS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt031055
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0850
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0850
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt038563
IRS990EZ/TotalProgramServiceExpensesAmt031055
IRS990EZ/TotalRevenueAmt037946
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt036787
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0185992
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0222779
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01159
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt03409
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt04568
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01159
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt03409
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt04568
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0222779
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt036787
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0185992
IRS990ScheduleA/Total509Grp/TotalAmt0222779
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt037946
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt03409
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0185992
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0227347
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 1,159.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: BANK SERVICE FEES. AMOUNT: 132. DESCRIPTION: SUPPLIES . AMOUNT: 29,305. DESCRIPTION: SHIPPING. AMOUNT: 7,326. DESCRIPTION: MA FEES. AMOUNT: 50. TOTAL TO FORM 990-EZ, LINE 16: 36,813.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 850. END OF YEAR AMOUNT: 850.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SHING-TUNG YAU
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08973896718
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0YKC FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0YKCF
ReturnHeader/Filer/EIN0821478835
ReturnHeader/Filer/PhoneNum08973896718
ReturnHeader/Filer/USAddress/AddressLine1Txt070 FRANCIS AVENUE
ReturnHeader/Filer/USAddress/CityNm0CAMBRIDGE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002138
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042805993
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0NEWBURG & COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt095 SAWYER ROAD SUITE 120
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WALTHAM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002453
ReturnHeader/PreparerPersonGrp/PhoneNum07818844100
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HOWARD NEWBURG
ReturnHeader/ReturnTs02021-05-11T08:42:04-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SHING-TUNG
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0YAU
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$198,959
Liabilities
$850
Net assets
$198,109
Revenue
$37,946
Expenses
$38,563
Net income
-$617
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.77$1.77$0.00$0.01$0.01
2024Detailed filing. Detailed filing data is available for this year.$1.79$1.79$0.05$0.22$0.17
2023Detailed filing. Detailed filing data is available for this year.$1.95$0.00$1.95$0.02$0.02$0.00
2022Detailed filing. Detailed filing data is available for this year.$1.96$0.01$1.95$0.00$0.02$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.97$0.01$1.96$0.00$0.02$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.99$0.01$1.98$0.38$0.39$0.01
2019Detailed filing. Detailed filing data is available for this year.$2.00$0.01$1.99$0.03$0.02$0.02
2018Detailed filing. Detailed filing data is available for this year.$1.98$0.01$1.97$1.86$0.03$1.83