Galaxy Foundation

990PF • Fiscal year 2021 • EIN 82-3190985

Oct 01, 2020 to Sep 30, 2021 • Filed on Feb 04, 2022

Organization Profile

14594 Sobey Oaks CTSaratoga, CA 95070

(408) 893-7304

Siviq Scores

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

0.00x

Higher debt load relative to assets than 63% of similar nonprofits.

2021 filings • <$500k nonprofits • Source year 2021

0.01x

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

2021 filings • <$500k nonprofits • Source year 2021

85%

Higher net margin than 95% of similar nonprofits.

2021 filings • <$500k nonprofits • Source year 2021

Higher top officer pay than 78% of similar nonprofits.

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

2021 filings • <$500k nonprofits • Source year 2021

36%

Faster asset growth than 79% of similar nonprofits.

2021 filings • <$500k nonprofits • Annualized from 2020 to 2021

-3.5%

Faster revenue growth than 42% of similar nonprofits.

2021 filings • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet

Liabilities / Assets63rd percentile

Assets

$438,280

Up $116,049 (+36%) from 2020

Net Assets

$437,067

Up $114,887 (+36%) from 2020

Liabilities

$1,213

Up $1,162 (+2278%) from 2020

Revenue And Expenses

Liabilities / Revenue66th percentile Net Margin95th percentile

Revenue

Down

$134,725

Down $4,930 (-3.5%) from 2020

Expenses

$19,838

Up $4,956 (+33%) from 2020

Net Income

Down

$114,887

Down $9,886 (-7.9%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth79th percentile

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

Highlighted filing

2021

Assets$438,280

Liabilities$1,213

Net Assets$437,067

Open 2021 Filing

Operations Trend

Revenue Growth42nd percentile

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

Highlighted filing

2021

Revenue$134,725

Expenses$19,838

Net Income$114,887

Open 2021 Filing

Jump To

Filing Snapshot

Filing Period: Oct 1, 2020 to Sep 30, 2021
Signed: Feb 4, 2022
Return Version: 2020v4.0

Compensation and Service Providers

Top Officer Pay78th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
ANGELA CHENG	President & CEO	-	$0	-	-
JIMMY WONG	Secretary	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Galaxy Foundation
EIN: 82-3190985
Phone: 4088937304
Address: 14594 SOBEY OAKS CT, SARATOGA, CA 95070

Signing Officer

Name: Jimmy Wong
Title: Secretary
Signed: 2022-02-04
Discuss with paid preparer: Yes

Preparer

Firm: Abest Tax Services Inc
Address: 1621A S MAIN ST, MILPITAS, CA 95035
Preparer: Shuang Mao
Phone: 4083929977

Raw XML Appendix350 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
AccountingFeesSchedule/AccountingFeesDetail/AdjustedNetIncomeAmt	0	0
AccountingFeesSchedule/AccountingFeesDetail/Amt	0	1390
AccountingFeesSchedule/AccountingFeesDetail/CategoryTxt	0	Accounting Fee
AccountingFeesSchedule/AccountingFeesDetail/DisbursementsCharitablePrpsAmt	0	1390
AccountingFeesSchedule/AccountingFeesDetail/NetInvestmentIncomeAmt	0	0
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt	0	2018-05-14
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt	1	2018-08-16
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt	2	2018-10-28
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt	3	2018-11-06
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt	4	2018-11-12
DepreciationSchedule/DepreciationPropertyGrp/ComputationMethodTxt	0	200DB
DepreciationSchedule/DepreciationPropertyGrp/ComputationMethodTxt	1	200DB
DepreciationSchedule/DepreciationPropertyGrp/ComputationMethodTxt	2	200DB
DepreciationSchedule/DepreciationPropertyGrp/ComputationMethodTxt	3	200DB
DepreciationSchedule/DepreciationPropertyGrp/ComputationMethodTxt	4	200DB
DepreciationSchedule/DepreciationPropertyGrp/CostOrOtherBasisAmt	0	561
DepreciationSchedule/DepreciationPropertyGrp/CostOrOtherBasisAmt	1	269
DepreciationSchedule/DepreciationPropertyGrp/CostOrOtherBasisAmt	2	1299
DepreciationSchedule/DepreciationPropertyGrp/CostOrOtherBasisAmt	3	262
DepreciationSchedule/DepreciationPropertyGrp/CostOrOtherBasisAmt	4	749
DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt	0	42
DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt	1	20
DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt	2	192
DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt	3	39
DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt	4	111
DepreciationSchedule/DepreciationPropertyGrp/LifeRt	0	3.0000
DepreciationSchedule/DepreciationPropertyGrp/LifeRt	1	3.0000
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt	0	519
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt	1	249
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt	2	1010
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt	3	203
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt	4	583
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc	0	IPHONE
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc	1	PC MONITOR
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc	2	IPHONE
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc	3	HOMEPOD
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc	4	LAPTOP
DepreciationSchedule/DepreciationPropertyGrp/Rt	0	0.1481
DepreciationSchedule/DepreciationPropertyGrp/Rt	1	0.1481
DepreciationSchedule/DepreciationPropertyGrp/Rt	2	0.1481
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt	0	305697
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt	0	299678
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm	0	Charles Schwab Stock #4614
IRS990PF/AnalysisIncomeProducingActyGrp/DivAndIntFromSecPartVIIGrp/RelatedOrExemptFunctionIncmAmt	0	2047
IRS990PF/AnalysisIncomeProducingActyGrp/GainSalesAstOthThanInvntryGrp/RelatedOrExemptFunctionIncmAmt	0	35678
IRS990PF/AnalysisIncomeProducingActyGrp/SubtotalsIncmProducingActyGrp/RelatedOrExemptFunctionIncmAmt	0	37725
IRS990PF/AnalysisIncomeProducingActyGrp/TotalIncomeProducingActyAmt	0	37725
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesChrtblPrpsAmt	0	1390
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesRevAndExpnssAmt	0	1390
IRS990PF/AnalysisOfRevenueAndExpenses/AdjustedNetIncomeAmt	0	37725
IRS990PF/AnalysisOfRevenueAndExpenses/CapGainNetIncmNetInvstIncmAmt	0	35678
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidDsbrsChrtblAmt	0	450
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidRevAndExpnssAmt	0	450
IRS990PF/AnalysisOfRevenueAndExpenses/ContriRcvdRevAndExpnssAmt	0	97000
IRS990PF/AnalysisOfRevenueAndExpenses/DeprecAndDpltnRevAndExpnssAmt	0	404
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsAdjNetIncmAmt	0	2047
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsNetInvstIncmAmt	0	2047
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsRevAndExpnssAmt	0	2047
IRS990PF/AnalysisOfRevenueAndExpenses/ExcessRevenueOverExpensesAmt	0	114887
IRS990PF/AnalysisOfRevenueAndExpenses/GrossSalesPriceAmt	0	325693
IRS990PF/AnalysisOfRevenueAndExpenses/NetGainSaleAstRevAndExpnssAmt	0	35678
IRS990PF/AnalysisOfRevenueAndExpenses/NetInvestmentIncomeAmt	0	37725
IRS990PF/AnalysisOfRevenueAndExpenses/NetSTCapitalGainAdjNetIncmAmt	0	35678
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesDsbrsChrtblAmt	0	11707
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesRevAndExpnssAmt	0	11707
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesDsbrsChrtblAmt	0	613
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesRevAndExpnssAmt	0	613
IRS990PF/AnalysisOfRevenueAndExpenses/TotalAdjNetIncmAmt	0	37725
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesDsbrsChrtblAmt	0	19434
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesNetInvstIncmAmt	0	0
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesRevAndExpnssAmt	0	19838
IRS990PF/AnalysisOfRevenueAndExpenses/TotalNetInvstIncmAmt	0	37725
IRS990PF/AnalysisOfRevenueAndExpenses/TotalRevAndExpnssAmt	0	134725
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesDsbrsChrtblAmt	0	18984
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesNetInvstIncmAmt	0	0
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesRevAndExpnssAmt	0	19388
IRS990PF/AnalysisOfRevenueAndExpenses/TravConfMeetingDsbrsChrtblAmt	0	5274
IRS990PF/AnalysisOfRevenueAndExpenses/TravConfMeetingRevAndExpnssAmt	0	5274
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt	0	2020-12-01
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/CostOrOtherBasisAmt	0	290015
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt	0	35678
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainsMinusExcessOrLossesAmt	0	35678
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GrossSalesPriceAmt	0	325693
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/HowAcquiredCd	0	P
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/PropertyDesc	0	Charles Schwab - 4614
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/SoldDt	0	2020-12-01
IRS990PF/CapGainsLossTxInvstIncmDetail/CapitalGainNetIncomeAmt	0	35678
IRS990PF/CapGainsLossTxInvstIncmDetail/NetShortTermCapitalGainLossAmt	0	35678
IRS990PF/ChgInNetAssetsFundBalancesGrp/ExcessRevenueOverExpensesAmt	0	114887
IRS990PF/ChgInNetAssetsFundBalancesGrp/SubtotalAmt	0	437067
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesBOYAmt	0	322180
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesEOYAmt	0	437067
IRS990PF/DistributableAmountGrp/DistributableAsAdjustedAmt	0	19990
IRS990PF/DistributableAmountGrp/DistributableBeforeAdjAmt	0	19990
IRS990PF/DistributableAmountGrp/DistributableBeforeDedAmt	0	19990
IRS990PF/DistributableAmountGrp/MinimumInvestmentReturnAmt	0	20514
IRS990PF/DistributableAmountGrp/TaxBasedOnInvestmentIncomeAmt	0	524
IRS990PF/DistributableAmountGrp/TotalTaxAmt	0	524
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/EsPenaltyAmt	0	12
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/Form2220AttachedInd	0	X
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/InvestmentIncomeExciseTaxAmt	0	524
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/SubtotalAmt	0	524
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxBasedOnInvestmentIncomeAmt	0	524
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxDueAmt	0	536
IRS990PF/FMVAssetsEOYAmt	0	432189
IRS990PF/Form990PFBalanceSheetsGrp/CashBOYAmt	0	58952
IRS990PF/Form990PFBalanceSheetsGrp/CashEOYAmt	0	132411
IRS990PF/Form990PFBalanceSheetsGrp/CashEOYFMVAmt	0	132411
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockBOYAmt	0	262703
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockEOYAmt	0	305697
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockEOYFMVAmt	0	299678
IRS990PF/Form990PFBalanceSheetsGrp/LandBldgEquipAccumDeprecAmt	0	2968
IRS990PF/Form990PFBalanceSheetsGrp/LandBldgEquipCostOrOtherBssAmt	0	3140
IRS990PF/Form990PFBalanceSheetsGrp/LandBOYAmt	0	576
IRS990PF/Form990PFBalanceSheetsGrp/LandEOYAmt	0	172
IRS990PF/Form990PFBalanceSheetsGrp/LandEOYFMVAmt	0	100
IRS990PF/Form990PFBalanceSheetsGrp/OrgDoesNotFollowFASB117Ind	0	X
IRS990PF/Form990PFBalanceSheetsGrp/OtherLiabilitiesBOYAmt	0	51
IRS990PF/Form990PFBalanceSheetsGrp/OtherLiabilitiesEOYAmt	0	1213
IRS990PF/Form990PFBalanceSheetsGrp/RetainedEarningBOYAmt	0	322180
IRS990PF/Form990PFBalanceSheetsGrp/RetainedEarningEOYAmt	0	437067
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsBOYAmt	0	322231
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYAmt	0	438280
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYFMVAmt	0	432189
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesBOYAmt	0	51
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesEOYAmt	0	1213
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstBOYAmt	0	322231
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstEOYAmt	0	438280
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesBOYAmt	0	322180
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesEOYAmt	0	437067
IRS990PF/MethodOfAccountingCashInd	0	X
IRS990PF/MinimumInvestmentReturnGrp/AdjustedTotalFMVOfUnusedAstAmt	0	416530
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyCashBalancesAmt	0	155585
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyFMVOfSecAmt	0	260945
IRS990PF/MinimumInvestmentReturnGrp/CashDeemedCharitableAmt	0	6248
IRS990PF/MinimumInvestmentReturnGrp/FMVAllOtherNoncharitableAstAmt	0	0
IRS990PF/MinimumInvestmentReturnGrp/MinimumInvestmentReturnAmt	0	20514
IRS990PF/MinimumInvestmentReturnGrp/NetVlNoncharitableAssetsAmt	0	410282
IRS990PF/MinimumInvestmentReturnGrp/ReductionClaimedAmt	0	0
IRS990PF/MinimumInvestmentReturnGrp/TotalFMVOfUnusedAssetsAmt	0	416530
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompOfHghstPdCntrctOrNONETxt	0	NONE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompOfHghstPdEmplOrNONETxt	0	NONE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt	0	1.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt	1	1.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt	0	0
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt	1	0
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm	0	ANGELA CHENG
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm	1	JIMMY WONG
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt	0	President & CEO
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt	1	Secretary
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt	0	14594 SOBEY OAKS CT
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt	1	14594 SOBEY OAKS CT
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm	0	SARATOGA
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm	1	SARATOGA
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd	0	CA
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd	1	CA
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd	0	95070
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd	1	95070
IRS990PF/Organization501c3ExemptPFInd	0	X
IRS990PF/QualifyingDistriPartXIIGrp/AdjustedQualifyingDistriAmt	0	19434
IRS990PF/QualifyingDistriPartXIIGrp/ExpensesAndContributionsAmt	0	19434
IRS990PF/QualifyingDistriPartXIIGrp/QualifyingDistributionsAmt	0	19434
IRS990PF/StatementsRegardingActy4720Grp/ActsFailToQlfyAsExceptionsInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/BrrwOrLendDisqualifiedPrsnInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/BusinessHoldingsInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/FurnGoodsDisqualifiedPrsnInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToIndividualsInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceElectionInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceLegislationInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/JeopardyInvestmentsInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/NoncharitablePurposeInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/PayCompDisqualifiedPrsnInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/PaymentToGovernmentOfficialInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/PayPremiumsPrsnlBnftCntrctInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/ProhibitedTaxShelterTransInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/RcvFndsToPayPrsnlBnftCntrctInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/SaleOrExchDisqualifiedPrsnInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/SubjToTaxRmnrtnExPrchtPymtInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/TransferAstDisqualifiedPrsnInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPriorActsInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPYJeopardyInvstInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd	0	false
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd	0	false
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd	0	true
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd	0	false
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd	0	true
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd	0	false
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd	0	false
IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd	0	false
IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd	0	true
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd	0	false
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt	0	14594 SOBEY OAKS CT
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm	0	SARATOGA
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd	0	CA
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd	0	95070
IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd	0	false
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd	0	true
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd	0	false
IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd	0	CA
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd	0	false
IRS990PF/StatementsRegardingActyGrp/PersonsWithBooksName/BusinessNameLine1Txt	0	JIMMY WONG
IRS990PF/StatementsRegardingActyGrp/PhoneNum	0	4088937304
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd	0	false
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd	0	false
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd	0	false
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt	0	N/A
IRS990PF/SupplementaryInformationGrp/ContributingManagerNm	0	ANGELA CHENG
IRS990PF/SupplementaryInformationGrp/ContributingManagerNm	1	JIMMY WONG
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt	0	400
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt	1	50
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt	0	Making contribution to help Cornell students to do the greatest good and make the world a better place.
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt	1	To make contributions to end childhood hunger in the United States.
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt	0	PC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt	1	PC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientPersonNm	0	Cornell University
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientPersonNm	1	No Kid Hungry
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt	0	Donation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt	1	Donation
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt	0	300 Day Hall 10 East Avenue
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt	1	1030 15th Street NW Suite 1100 W
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm	0	Ithaca
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm	1	Washington
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd	0	NY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd	1	DC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd	0	14853
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd	1	20005
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd	0	X
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt	0	450
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd	0	false
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt	0	19434
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt	0	19990
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovAppCYAmt	0	556
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr2Amt	0	4305
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr3Amt	0	13289
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovAppCYCorpusAmt	0	556
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt	0	17038
IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt	0	4305
IRS990PF/UndistributedIncomeGrp/ExcessFromYear3Amt	0	12733
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt	0	19434
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt	0	17038
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt	0	17594
IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt	0	0
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt	0	0
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	0	1
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	0	ANGELA CHENG AND JIMMY WONG
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt	0	14594 SOBEY OAKS CT
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm	0	SARATOGA
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd	0	CA
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd	0	95070
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd	0	X
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	0	97000
IRS990ScheduleB/GeneralRuleInd	0	X
IRS990ScheduleB/Organization501c3ExemptPFInd	0	X
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt	0	2968
LandEtcSchedule2/LandEtcGrp/BookValueAmt	0	172
LandEtcSchedule2/LandEtcGrp/CategoryOrItemTxt	0	Machinery and Equipment
LandEtcSchedule2/LandEtcGrp/CostOrOtherBasisAmt	0	3140
LandEtcSchedule2/LandEtcGrp/EOYFMVAmt	0	100
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	0	Auto Lease - Toyota
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	1	Automobile Expense
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	2	Bank Service Charge
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	3	Books
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	4	Dues and Subscriptions
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	5	Filing Fee
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	6	Insurance Expenses
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	7	Meals and Entertainment
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	8	Office Expense
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	9	Office Supplies
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	10	Parking & Toll
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	11	Postage Expense
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	12	Telephone Expense
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	0	2098
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	1	466
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	2	3
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	3	1490
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	4	1690
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	5	60
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	6	1174
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	7	338
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	8	1951
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	9	414
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	10	152
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	11	159
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	12	1712
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	0	2098
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	1	466
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	2	3
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	3	1490
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	4	1690
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	5	60
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	6	1174
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	7	338
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	8	1951
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	9	414
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	10	152
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	11	159
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	12	1712
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/BOYBookValueAmt	0	51
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/Desc	0	Credit Cards
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/EOYBookValueAmt	0	1213
SubstantialContributorsSch/SubstantialContributorDetail/PersonNm	0	ANGELA CHENG AND JIMMY WONG
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/AddressLine1Txt	0	14594 SOBEY OAKS CT
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/CityNm	0	SARATOGA
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/StateAbbreviationCd	0	CA
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/ZIPCd	0	95070
TaxesSchedule/TaxesDetail/Amt	0	613
TaxesSchedule/TaxesDetail/CategoryTxt	0	Income Tax
TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt	0	613
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd	0	AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd	0	FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd	0	IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd	0	2
ReturnHeader/BuildTS	0	2022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	JIMMY WONG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	Secretary
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2022-02-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	GALAXY FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt	0	GALA
ReturnHeader/Filer/EIN	0	823190985
ReturnHeader/Filer/PhoneNum	0	4088937304
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	14594 SOBEY OAKS CT
ReturnHeader/Filer/USAddress/CityNm	0	SARATOGA
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	CA
ReturnHeader/Filer/USAddress/ZIPCd	0	95070
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	263000418
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	ABEST TAX SERVICES INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	1621A S MAIN ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	MILPITAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	95035
ReturnHeader/PreparerPersonGrp/PhoneNum	0	4083929977
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	SHUANG MAO
ReturnHeader/ReturnTs	0	2022-02-04T10:17:00-08:00
ReturnHeader/ReturnTypeCd	0	990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm	0	JIMMY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm	0	WONG
ReturnHeader/TaxPeriodBeginDt	0	2020-10-01
ReturnHeader/TaxPeriodEndDt	0	2021-09-30
ReturnHeader/TaxYr	0	2020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $438,280
Liabilities: $1,213
Net assets: $437,067
Revenue: $134,725
Expenses: $19,838
Net income: $114,887

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025Detailed filing. Detailed filing data is available for this year.	$8.11	$0.03	$8.07	$2.33	$0.24	$2.09
2024Detailed filing. Detailed filing data is available for this year.	$5.99	$0.01	$5.98	$1.36	$0.31	$1.05
2023Detailed filing. Detailed filing data is available for this year.	$4.95	$0.02	$4.93	$0.70	$0.36	$0.33
2022Detailed filing. Detailed filing data is available for this year.	$4.61	$0.01	$4.60	$0.40	$0.18	$0.23
2021Detailed filing. Detailed filing data is available for this year.	$4.38	$0.01	$4.37	$1.35	$0.20	$1.15
2020Detailed filing. Detailed filing data is available for this year.	$3.22	$0.00	$3.22	$1.40	$0.15	$1.25
2019Detailed filing. Detailed filing data is available for this year.	$2.00	$0.02	$1.97	$1.28	$0.13	$1.15