Civic Intelligence

Chao Charitable Foundation

990EZ • Fiscal year 2023 • EIN 86-1369532

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 14, 2024

Organization ProfileN/A
1323 Glenwood AveSan Jose, CA 95125

(408) 836-8388

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 2023

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2023

Net Margin

1st percentile

-1999%

Higher net margin than 1% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

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.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

80th percentile

33%

Faster asset growth than 80% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$90,967

Up $22,511 (+33%) from 2022

Net Assets

Up

$90,967

Up $22,511 (+33%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin1st percentile

Revenue

Up

$234

Up $234 from 2022

Expenses

Down

$4,911

Down $155 (-3.1%) from 2022

Net Income

Up

-$4,677

Up $389 (+7.7%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth80th percentile

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

$150K$100K$50K$0-$50KAssets 2020: $0Liabilities 2020: $2,828Net Assets 2020: -$2,8282020Assets 2021: $92,727Net Assets 2021: $92,7272021Assets 2022: $68,456Net Assets 2022: $68,4562022Assets 2023: $90,967Net Assets 2023: $90,9672023Assets 2024: $122,258Net Assets 2024: $122,2582024

Highlighted filing

2023

Assets$90,967
Liabilities-
Net Assets$90,967
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$100K$50K$0-$50KRevenue 2020: $0Expenses 2020: $2,828Net Income 2020: -$2,8282020Revenue 2021: $100,000Expenses 2021: $4,445Net Income 2021: $95,5552021Revenue 2022: $0Expenses 2022: $5,066Net Income 2022: -$5,0662022Revenue 2023: $234Expenses 2023: $4,911Net Income 2023: -$4,6772023Revenue 2024: $3,987Expenses 2024: $1,100Net Income 2024: $2,8872024

Highlighted filing

2023

Revenue$234
Expenses$4,911
Net Income-$4,677
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 14, 2024
Return Version
2023v5.1
Gross Receipts
$234
Mission and Program Overview

Mission

The primary mission of this organization will be to help others appreciate the beauty of chinese culture and heritage.

Program Services

DescriptionGrantsExpenses
Organization is developing a program for Chinese cultural and heritage appreiciation and awarenes.-$4,000
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
YI-CHUNG CHAOCEOPT$0--
VANESSA YEHCFO And SecretaPT$0--
Filing and Contact Details

Filer

Filer Name
Chao Charitable Foundation
EIN
86-1369532
Phone
4088368388
Address
1323 GLENWOOD AVE, SAN JOSE, CA 95125

Signing Officer

Name
Vanessa Yeh
Title
CFO
Signed
2024-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Wang Accountancy Corp
Address
2050 Concourse Dr Ste 34, San Jose, CA 95131
Preparer
Jung-Mei Rosemary Wang
Phone
4089981688
Raw XML Appendix116 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/PersonNm0CHAO CHARITABLE FOUNDATION
IRS990EZ/BooksInCareOfDetail/PhoneNum04088368388
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01323 GLENWOOD AVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SAN JOSE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd095125
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt068456
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt090967
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-4677
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0911
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt068456
IRS990EZ/Form990TotalAssetsGrp/EOYAmt090967
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt04000
IRS990EZ/GrossReceiptsAmt0234
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVIInd0X
IRS990EZ/InvestmentIncomeAmt0234
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt068456
IRS990EZ/NetAssetsOrFundBalancesEOYAmt090967
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt068456
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt090967
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0YI-CHUNG CHAO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1VANESSA YEH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CFO AND SECRETA
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt027188
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE PRIMARY MISSION OF THIS ORGANIZATION WILL BE TO HELP OTHERS APPRECIATE THE BEAUTY OF CHINESE CULTURE AND HERITAGE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Organization is developing a program for Chinese cultural and heritage appreiciation and awarenes.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt04000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt04911
IRS990EZ/TotalProgramServiceExpensesAmt04000
IRS990EZ/TotalRevenueAmt0234
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0100000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0100000
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt0100000
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0100000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0100000
IRS990ScheduleA/TotalSupportAmt0100000
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0VANESSA YEH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CHAO CHARITABLE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0CHAO
ReturnHeader/Filer/EIN0861369532
ReturnHeader/Filer/PhoneNum04088368388
ReturnHeader/Filer/USAddress/AddressLine1Txt01323 GLENWOOD AVE
ReturnHeader/Filer/USAddress/CityNm0SAN JOSE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd095125
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0770559827
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Wang Accountancy Corp
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02050 Concourse Dr Ste 34
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0San Jose
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd095131
ReturnHeader/PreparerPersonGrp/PhoneNum04089981688
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jung-Mei Rosemary Wang
ReturnHeader/ReturnTs02024-11-14T15:41:35-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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.

Open filing
Assets
$90,967
Liabilities
-
Net assets
$90,967
Revenue
$234
Expenses
$4,911
Net income
-$4,677
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.22$1.22$0.04$0.01$0.03
2023Detailed filing. Detailed filing data is available for this year.$0.91$0.91$0.00$0.05$0.05
2022Detailed filing. Detailed filing data is available for this year.$0.68$0.68$0.00$0.05$0.05
2021Detailed filing. Detailed filing data is available for this year.$0.93$0.93$1.00$0.04$0.96
2020Detailed filing. Detailed filing data is available for this year.$0.00$0.03$0.03$0.00$0.03$0.03