Civic Intelligence

Ykc Foundation Inc.

990EZ • Fiscal year 2024 • EIN 82-1478835

Jan 01, 2024 to Dec 31, 2024 • Filed on Mar 09, 2025

Organization ProfileN/A
387 Somerville Avenue Suite 1Somerville, MA 02143

(897) 389-6718

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2024

Net Margin

3rd percentile

-313%

Higher net margin than 3% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

34th percentile

-8.5%

Faster asset growth than 34% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

93rd percentile

130%

Faster revenue growth than 93% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$178,505

Down $16,658 (-8.5%) from 2023

Net Assets

Down

$178,505

Down $16,658 (-8.5%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin3rd percentile

Revenue

Up

$5,326

Up $3,006 (+130%) from 2023

Expenses

Up

$21,984

Up $20,010 (+1014%) from 2023

Net Income

Down

-$16,658

Down $17,004 (-4914%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth34th 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

2024

Assets$178,505
Liabilities-
Net Assets$178,505
Open 2024 Filing

Operations Trend

Revenue Growth93rd 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

2024

Revenue$5,326
Expenses$21,984
Net Income-$16,658
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 9, 2025
Return Version
2024v5.0
Gross Receipts
$5,326
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.$20,000$20,000
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

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

Filer

Filer Name
Ykc Foundation Inc
EIN
82-1478835
Phone
8973896718
Address
387 SOMERVILLE AVENUE SUITE 1, SOMERVILLE, MA 02143

Signing Officer

Name
Shing-tung Yau
Title
President
Signed
2025-03-09
Discuss with paid preparer
Yes

Preparer

Firm
Shen & Associates CPAs
Address
50 Victoria Ave Ste 210, Millbrae, CA 94030
Preparer
Paul Ph Shen
Phone
4154332811
Supplemental Narrative

Additional Explanations

Other Revenue.1

“INTEREST INCOME $5326”

Grants and Similar Amounts Paid In Excess of $5,000.1

“Class of Activity: INDIVIDUAL | Donee's Name: PROFESSOR RICHARD HAMILTON | Donee's Address: COLUMBIA UNIVERSITY 2900 BROADWAY NEW YORK NY 10027 | Relationship of Donee: NOT RELATED | Cash Amount Given: $20000”

Other Expenses.1

“MA FILING FEE $35”

Other Expenses.2

“ANNUAL REPORT $19”

Raw XML Appendix166 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.

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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CAMBRIDGE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
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IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0195163
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IRS990EZ/ExcessOrDeficitForYearAmt0-16658
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IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0195163
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IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt020000
IRS990EZ/GrossReceiptsAmt05326
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CHRISTINA YAU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ISAAC CHIU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ANDREW YAU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3SHING-TUNG YAU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4MICHAEL 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/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt054
IRS990EZ/OtherRevenueTotalAmt05326
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
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/GrantsAndAllocationsAmt020000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt020000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt021984
IRS990EZ/TotalProgramServiceExpensesAmt020000
IRS990EZ/TotalRevenueAmt05326
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0100
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt036787
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt036887
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt05326
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02320
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt015
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt062
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01159
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt08882
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt05326
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02320
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01159
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt08882
IRS990ScheduleA/InvestmentIncomeCYPct00.19410
IRS990ScheduleA/InvestmentIncomePYPct00.15880
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.80590
IRS990ScheduleA/PublicSupportPY509Pct00.84120
IRS990ScheduleA/PublicSupportTotal509Amt036887
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt05326
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt045769
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INTEREST INCOME $5326
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Class of Activity: INDIVIDUAL | Donee's Name: PROFESSOR RICHARD HAMILTON | Donee's Address: COLUMBIA UNIVERSITY 2900 BROADWAY NEW YORK NY 10027 | Relationship of Donee: NOT RELATED | Cash Amount Given: $20000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MA FILING FEE $35
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANNUAL REPORT $19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Revenue.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Grants and Similar Amounts Paid In Excess of $5,000.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.2
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SHING-TUNG YAU
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0YKC FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0YKCF
ReturnHeader/Filer/EIN0821478835
ReturnHeader/Filer/PhoneNum08973896718
ReturnHeader/Filer/USAddress/AddressLine1Txt0387 SOMERVILLE AVENUE SUITE 1
ReturnHeader/Filer/USAddress/CityNm0SOMERVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002143
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0412212740
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Shen & Associates CPAs
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt050 Victoria Ave Ste 210
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Millbrae
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd094030
ReturnHeader/PreparerPersonGrp/PhoneNum04154332811
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PAUL PH SHEN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-03-10T10:22:02-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$178,505
Liabilities
-
Net assets
$178,505
Revenue
$5,326
Expenses
$21,984
Net income
-$16,658
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