Liabilities / Assets
58th percentile
Tied with the lowest-debt nonprofits in its peer group.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
59th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
67th percentile
Higher net margin than 67% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
58th percentile
Faster asset growth than 58% of similar nonprofits.
Revenue Growth
15th percentile
Faster revenue growth than 15% of similar nonprofits.
Balance Sheet
Assets
Up$235,059
Up $12,131 (+5.4%) from 2022
Net Assets
Up$235,059
Up $12,131 (+5.4%) from 2022
Liabilities
Flat$0
Flat from 2022
Revenue And Expenses
Revenue
Down$85,034
Down $50,544 (-37%) from 2022
Expenses
Up$72,903
Up $1,215 (+1.7%) from 2022
Net Income
Down$12,131
Down $51,759 (-81%) from 2022
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
- Signed
- May 3, 2024
- Return Version
- 2023v5.0
- Gross Receipts
- $85,034
Mission and Program Overview
Mission
Provide scholarship grants
Program Services
| Description | Grants | Expenses |
|---|---|---|
| SHUHUA FOUNDATION SCHOLARSHIP FOR UNDERGRADUATE STUDENTS. 33 STUDENTS BENEFITED FROM THE PROGRAM. | $38,590 | $38,590 |
| HOMETOWN EDUCATION FOUNDATION SCHOLARSHIP FOR UNDERGRADUATE STUDENTS.12 STUDENTS BENEFITED FROM THE PROGRAM. | $13,134 | $13,134 |
| SCHOLARSHIP FOR GRADUATE STUDENTS AT UNIVERSITY OF SCIENCE AND TECHNOLOGY OF CHINA. 11 STUDENTS BENEFIED FROM THE PROGRAM. | $12,368 | $12,368 |
| Other program services | $4,701 | $4,701 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| WEIHAN WANG | President | - | $0 | - | - |
| YINXIAO LIU | Secretary | - | $0 | - | - |
| JUN WANG | Director | - | $0 | - | - |
| LUER PAN | Director | - | $0 | - | - |
| XICHANG WU | Director | - | $0 | - | - |
| XINRUI YU | CFO | - | $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
- 2024-05-03
Supplemental Narrative
Additional Explanations
List of grants and similar amounts paid Part I line 10
“Grantee shuhua foundation amount 38,590grantee university of science and technologamount 12,368grantee hometown education foundation amount 13,134grantee tsinghua education foundation amount 4,701grantee other”
Description of other expenses Part I line 16
“Description amountbank fee 25outside service 542public relations 1,287website and internet 1,610miscellaneous 125awards 409organization events 112”
Other program services Part III line 31
“The scholarship for undergraduate students at tsinghua university.8 students benefited from the program. $4,701”
Raw XML Appendix155 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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|---|---|---|
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| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | PALO ALTO |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
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| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 235059 |
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| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 12131 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
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| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 235059 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 68793 |
| IRS990EZ/GrossReceiptsAmt | 0 | 85034 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 186 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 222928 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 235059 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 222928 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | WEIHAN WANG |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | YINXIAO LIU |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | JUN WANG |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | LUER PAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | XICHANG WU |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | XINRUI YU |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | CFO |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 4110 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | PROVIDE SCHOLARSHIP GRANTS |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | SHUHUA FOUNDATION SCHOLARSHIP FOR UNDERGRADUATE STUDENTS. 33 STUDENTS BENEFITED FROM THE PROGRAM. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | SCHOLARSHIP FOR GRADUATE STUDENTS AT UNIVERSITY OF SCIENCE AND TECHNOLOGY OF CHINA. 11 STUDENTS BENEFIED FROM THE PROGRAM. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | HOMETOWN EDUCATION FOUNDATION SCHOLARSHIP FOR UNDERGRADUATE STUDENTS.12 STUDENTS BENEFITED FROM THE PROGRAM. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 3 | Other program services |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd | 0 | X |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd | 1 | X |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd | 2 | X |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd | 3 | X |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 38590 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 12368 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 2 | 13134 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 3 | 4701 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 38590 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 12368 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 2 | 13134 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 3 | 4701 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 72903 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 68793 |
| IRS990EZ/TotalRevenueAmt | 0 | 85034 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 84848 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 135548 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 123718 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 79649 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 423763 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 423763 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 84848 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 135548 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 123718 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 79649 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 423763 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 423763 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | GRANTEE SHUHUA FOUNDATION AMOUNT 38,590GRANTEE UNIVERSITY OF SCIENCE AND TECHNOLOGAMOUNT 12,368GRANTEE HOMETOWN EDUCATION FOUNDATION AMOUNT 13,134GRANTEE TSINGHUA EDUCATION FOUNDATION AMOUNT 4,701GRANTEE OTHER |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION AMOUNTBANK FEE 25OUTSIDE SERVICE 542PUBLIC RELATIONS 1,287WEBSITE AND INTERNET 1,610MISCELLANEOUS 125AWARDS 409ORGANIZATION EVENTS 112 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE SCHOLARSHIP FOR UNDERGRADUATE STUDENTS AT TSINGHUA UNIVERSITY.8 STUDENTS BENEFITED FROM THE PROGRAM. $4,701 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | List of grants and similar amounts paid Part I line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Description of other expenses Part I line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other program services Part III line 31 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd | 0 | 00 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | WEIHAN WANG |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CEO |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6504506311 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-05-03 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | VISIONARY EDUCATION FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | VISI |
| ReturnHeader/Filer/EIN | 0 | 852299813 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1769 PARK BLVD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | PALO ALTO |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 94306 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/ReturnTs | 0 | 2024-05-02T19:13:55-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | WEIHAN |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | WANG |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $235,059
- Liabilities
- $0
- Net assets
- $235,059
- Revenue
- $85,034
- Expenses
- $72,903
- Net income
- $12,131