Civic Intelligence

Visionary Education Foundation

990EZ • Fiscal year 2022 • EIN 85-2299813

Jan 01, 2022 to Dec 31, 2022 • Filed on May 10, 2023

Organization Profile
1769 Park BlvdPalo Alto, CA 94306

(650) 450-6311

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

88th percentile

47%

Higher net margin than 88% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

81st percentile

40%

Faster asset growth than 81% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

50th percentile

9.6%

Faster revenue growth than 50% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$222,928

Up $63,890 (+40%) from 2021

Net Assets

Up

$222,928

Up $63,890 (+40%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin88th percentile

Revenue

Up

$135,578

Up $11,860 (+9.6%) from 2021

Expenses

Up

$71,688

Up $45,508 (+174%) from 2021

Net Income

Down

$63,890

Down $33,648 (-34%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth81st percentile

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

$300K$200K$100K$0Assets 2020: $61,500Liabilities 2020: $0Net Assets 2020: $61,5002020Assets 2021: $159,038Liabilities 2021: $0Net Assets 2021: $159,0382021Assets 2022: $222,928Liabilities 2022: $0Net Assets 2022: $222,9282022Assets 2023: $235,059Liabilities 2023: $0Net Assets 2023: $235,0592023Assets 2024: $206,579Liabilities 2024: $0Net Assets 2024: $206,5792024

Highlighted filing

2022

Assets$222,928
Liabilities$0
Net Assets$222,928
Open 2022 Filing

Operations Trend

Revenue Growth50th percentile

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

$150K$100K$50K$0-$50KRevenue 2020: $79,649Expenses 2020: $18,149Net Income 2020: $61,5002020Revenue 2021: $123,718Expenses 2021: $26,180Net Income 2021: $97,5382021Revenue 2022: $135,578Expenses 2022: $71,688Net Income 2022: $63,8902022Revenue 2023: $85,034Expenses 2023: $72,903Net Income 2023: $12,1312023Revenue 2024: $26,345Expenses 2024: $54,825Net Income 2024: -$28,4802024

Highlighted filing

2022

Revenue$135,578
Expenses$71,688
Net Income$63,890
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 10, 2023
Return Version
2022v5.0
Gross Receipts
$135,578
Mission and Program Overview

Mission

Provide scholarship grants

Program Services

DescriptionGrantsExpenses
Other program services$30,194$30,194
SHUHUA FOUNDATION SCHOLARSHIP FOR UNDERGRADUATE STUDENTS. 25 STUDENTS BENEFITED FROM THE PROGRAM.$30,000$30,000
SCHOLARSHIP FOR GRADUATE STUDENTS AT UNIVERSITY OF SCIENCE AND TECHNOLOGY OF CHINA. 6 STUDENTS BENEFIED FROM THE PROGRAM.$6,706$6,706
SCHOLARSHIP FOR OTHER STUDENTS. ONE STUDENT BENEFIED FROM THE PROGRAM.$596$596
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
WEIHAN WANGPresident-$0--
YINXIAO LIUSecretary-$0--
JUN WANGDirector-$0--
LUER PANDirector-$0--
XICHANG WUDirector-$0--
XINRUI YUCFO-$0--
Filing and Contact Details

Filer

Filer Name
Visionary Education Foundation
EIN
85-2299813
Address
1769 PARK BLVD, PALO ALTO, CA 94306

Signing Officer

Name
Weihan Wang
Title
CEO
Phone
6504506311
Signed
2023-05-10
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

“Description amountinterest 30”

List of grants and similar amounts paid Part I line 10

“Grantee shuhua foundation amount 30,000grantee university of science and technologamount 6,706grantee soh bing scholarship foundation amount 16,288grantee hometown education foundation amount 13,906grantee other amount 596”

Description of other expenses Part I line 16

“Description amountbank fee 175outside service 1,832postage and shipping 187website and internet 1,561miscellaneous 437”

Other program services Part III line 31

“Hometown education foundation-provides scholarship for nine students: $13,906soh bing scholarship foundation-provides scholarship for eleven students: $16,288”

Raw XML Appendix154 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/OfficerDirectorTrusteeEmplGrp/PersonNm0WEIHAN WANG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1YINXIAO LIU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JUN WANG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LUER PAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4XICHANG WU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5XINRUI YU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt04192
IRS990EZ/OtherRevenueTotalAmt030
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE SCHOLARSHIP GRANTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SHUHUA FOUNDATION SCHOLARSHIP FOR UNDERGRADUATE STUDENTS. 25 STUDENTS BENEFITED FROM THE PROGRAM.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1SCHOLARSHIP FOR GRADUATE STUDENTS AT UNIVERSITY OF SCIENCE AND TECHNOLOGY OF CHINA. 6 STUDENTS BENEFIED FROM THE PROGRAM.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2SCHOLARSHIP FOR OTHER STUDENTS. ONE STUDENT BENEFIED FROM THE PROGRAM.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt3Other program services
IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd0X
IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd1X
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd3X
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt030000
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt16706
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt2596
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt330194
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt2596
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IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
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IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt071688
IRS990EZ/TotalProgramServiceExpensesAmt067496
IRS990EZ/TotalRevenueAmt0135578
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/First5Years170Ind0X
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IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0336222
IRS990ScheduleA/TotalSupportAmt0336222
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTINTEREST 30
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GRANTEE SHUHUA FOUNDATION AMOUNT 30,000GRANTEE UNIVERSITY OF SCIENCE AND TECHNOLOGAMOUNT 6,706GRANTEE SOH BING SCHOLARSHIP FOUNDATION AMOUNT 16,288GRANTEE HOMETOWN EDUCATION FOUNDATION AMOUNT 13,906GRANTEE OTHER AMOUNT 596
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION AMOUNTBANK FEE 175OUTSIDE SERVICE 1,832POSTAGE AND SHIPPING 187WEBSITE AND INTERNET 1,561MISCELLANEOUS 437
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3HOMETOWN EDUCATION FOUNDATION-PROVIDES SCHOLARSHIP FOR NINE STUDENTS: $13,906SOH BING SCHOLARSHIP FOUNDATION-PROVIDES SCHOLARSHIP FOR ELEVEN STUDENTS: $16,288
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other program services Part III line 31
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0WEIHAN WANG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum06504506311
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VISIONARY EDUCATION FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0VISI
ReturnHeader/Filer/EIN0852299813
ReturnHeader/Filer/USAddress/AddressLine1Txt01769 PARK BLVD
ReturnHeader/Filer/USAddress/CityNm0PALO ALTO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094306
ReturnHeader/ReturnTs02023-05-05T12:23:02-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0WEIHAN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WANG
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$222,928
Liabilities
$0
Net assets
$222,928
Revenue
$135,578
Expenses
$71,688
Net income
$63,890
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.07$0.00$2.07$0.26$0.55$0.28
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.35$0.00$2.35$0.85$0.73$0.12
2022Detailed filing. Detailed filing data is available for this year.$2.23$0.00$2.23$1.36$0.72$0.64
2021Detailed filing. Detailed filing data is available for this year.$1.59$0.00$1.59$1.24$0.26$0.98
2020Detailed filing. Detailed filing data is available for this year.$0.62$0.00$0.62$0.80$0.18$0.62