Civic Intelligence

Yuan Foundation

990 • Fiscal year 2023 • EIN 87-4812150

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 09, 2024

Organization ProfileYUAN.FOUNDATION
12358 Parklawn Drive 220North Bethesda, MD 20852

(240) 752-9155

Siviq Scores

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

Liabilities / Assets

90th percentile

0.63x

Higher debt load relative to assets than 90% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

87th percentile

0.52x

Higher debt load relative to revenue than 87% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

74th percentile

20%

Higher net margin than 74% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

90th percentile

$111,875

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 20.9% of source-year revenue.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

99th percentile

685%

Faster asset growth than 99% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

91st percentile

106%

Faster revenue growth than 91% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets90th percentile

Assets

Up

$437,984

Up $382,216 (+685%) from 2022

Net Assets

Up

$161,822

Up $109,199 (+208%) from 2022

Liabilities

Up

$276,162

Up $273,017 (+8681%) from 2022

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin74th percentile

Revenue

Up

$534,334

Up $274,341 (+106%) from 2022

Expenses

Up

$425,135

Up $217,765 (+105%) from 2022

Net Income

Up

$109,199

Up $56,576 (+108%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

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

$600K$400K$200K$0-$200KAssets 2022: $55,768Liabilities 2022: $3,145Net Assets 2022: $52,6232022Assets 2023: $437,984Liabilities 2023: $276,162Net Assets 2023: $161,8222023Assets 2024: $15,008Liabilities 2024: $47,840Net Assets 2024: -$32,8322024

Highlighted filing

2023

Assets$437,984
Liabilities$276,162
Net Assets$161,822
Open 2023 Filing

Operations Trend

Revenue Growth91st percentile

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

$600K$400K$200K$0-$200KRevenue 2022: $259,993Expenses 2022: $207,370Net Income 2022: $52,6232022Revenue 2023: $534,334Expenses 2023: $425,135Net Income 2023: $109,1992023Revenue 2024: $223,028Expenses 2024: $417,682Net Income 2024: -$194,6542024

Highlighted filing

2023

Revenue$534,334
Expenses$425,135
Net Income$109,199
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 9, 2024
Return Version
2023v5.1
Gross Receipts
$534,334
Mission and Program Overview

Mission

The foundation is dedicated to the enrichment of the united states by encouraging citizens to embrace their rights and responsibilities, by promoting the founding ideals of liberty and democracy and providing a platform for voicing common concerns and interests.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$53,092$173,149▲ $120,057
Prepaid Expenses and Deferred Charges$1,033$2,479▲ $1,446
Land, Buildings, and Equipment, Net$1,643$996▼ $647
Accounts Receivable-$7-
Total Assets$55,768$437,984▲ $382,216
Other Assets Total$0$261,353▲ $261,353
Liabilities
Other Liabilities$0$261,075▲ $261,075
Accounts Payable and Accrued Expenses$3,145$15,087▲ $11,942
Total Liabilities$3,145$276,162▲ $273,017
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$52,623$161,822▲ $109,199
Total Net Assets Fund Balance$52,623$161,822▲ $109,199
Total Liabilities and Net Assets / Fund Balance$55,768$437,984▲ $382,216

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$996$2,236$3,232
Other Assets Org$4,400--
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ting TangChief Executive OfficerFT$90,938$20,937$111,875

Board Members and Trustees

NameTitle
Stephany YuChair
Weihong CuiVice Chair
Bing LuDirector
Fanghua JiangDirector
Aric LavinthalSecretary
Stephanie GualinoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$526,510
Program Service Revenue
$7,824
Investment Income
$0
Other Revenue
$0
All Other Contributions
$526,510
Change in Net Assets
$109,199
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$233,505
Other Expenses$185,830
Total Fundraising Expense$90,033
Grants and Similar Amounts Paid$5,800
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$71,183$17,621$23,071$111,875
Other Salaries and Wages$64,939$16,077$21,047$102,063
Fees for Services Other$48,063$15,145$15,145$78,353
Occupancy$36,217$8,968$11,737$56,922
Fees for Services Accounting-$15,000-$15,000
Payroll Taxes$9,142$2,263$2,963$14,368
Office Expenses$4,858$4,580$3,780$13,218
Grants to Domestic Orgs$5,800--$5,800
Pension Plan Contributions$3,308$819$1,072$5,199
Other Expenses$2,527$626$819$3,972
Travel$1,331-$1,331$2,662
Insurance-$2,303-$2,303
Depreciation Depletion-$646-$646
Total Functional Expenses$248,883$86,219$90,033$425,135
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Stephany YuChairBackoffice Fees Paid to Sunwater Capital Management. the Chair Is an Owner of Sunwater Capital Management.No$68,862
Stephany YuChairRent Paid to Greencourt Llc. the Chair Is an Indirect Owner of Greencourt Llc.No$52,800
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$261,075
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Stephany yu, bing lu, aric lavinthal, and stephanie gualino each have a business relationship as employees of different entities in which ms. Yu has an ownership interest.”

Form 990, Part VI, Section B, Line 11B

“The form 990 was reviewed and approved by the board prior to filing.”

Form 990, Part VI, Section B, Line 12C

“The foundation reviews the conflict of interest policy for possible violations at each annual board meeting.”

Form 990, Part VI, Section B, Line 15

“The foundation approves compensation through impartial decision makers using comparability data and written job descriptions for positions at similar organizations. The foundation documents how it reached its decisions.”

Form 990, Part VI, Section C, Line 19

“The foundation's governing documents, conflict of interest policy, and financial statements are not available to the public.”

Filing and Contact Details

Filer

Filer Name
Yuan Foundation
EIN
87-4812150
Phone
2407529155
Address
12358 PARKLAWN DRIVE 220, NORTH BETHESDA, MD 20852

Signing Officer

Name
Ting Tang
Title
Chief Executive Officer
Phone
2407529155
Signed
2024-10-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ting Tang
Formed
2022
Legal Domicile
Dc
Voting Board Members
5
Independent Board Members
3
Employees
3
Volunteers
32

Preparer

Firm
Councilor Buchanan & Mitchell Pc
Address
7910 WOODMONT AVE STE 500, BETHESDA, MD 20814
Preparer
Julia L Lafferty
Phone
3019860600
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Other professional fees: program service expenses 48,063. Management and general expenses 15,145. Fundraising expenses 15,145. Total expenses 78,353.”

FORM 990, PART XII, LINE 2C:

“The foundation has not changed either its oversight or selection process during the tax year.”

Financial Statement Notes

PART X, LINE 2:

“The foundation requires that a tax position be recognized or derecognized based on a "more-likely-than-not" threshold. This applies to tax positions taken in a tax return. The foundation does not believe its consolidated financial statements include, or reflect, any uncertain tax positions.”

Raw XML AppendixShowing 400 of 453 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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IRS990ScheduleA/PublicSupportTotal509Amt016074
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0525000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0253223
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0778223
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0534334
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0259963
IRS990ScheduleA/Total509Grp/TotalAmt0794297
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0534334
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0259963
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0794297
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0996
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02236
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03232
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0256953
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt14400
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OPERATING RIGHT-OF-USE ASSET
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1SECURITY DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0261075
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OPERATING LEASE LIABILITY
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A "MORE-LIKELY-THAN-NOT" THRESHOLD. THIS APPLIES TO TAX POSITIONS TAKEN IN A TAX RETURN. THE FOUNDATION DOES NOT BELIEVE ITS CONSOLIDATED FINANCIAL STATEMENTS INCLUDE, OR REFLECT, ANY UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0996
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0261353
IRS990ScheduleD/TotalLiabilityAmt0261075
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0STEPHANY YU
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1STEPHANY YU
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0CHAIR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1CHAIR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt052800
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt168862
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0RENT PAID TO GREENCOURT LLC. THE CHAIR IS AN INDIRECT OWNER OF GREENCOURT LLC.
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1BACKOFFICE FEES PAID TO SUNWATER CAPITAL MANAGEMENT. THE CHAIR IS AN OWNER OF SUNWATER CAPITAL MANAGEMENT.
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0STEPHANY YU, BING LU, ARIC LAVINTHAL, AND STEPHANIE GUALINO EACH HAVE A BUSINESS RELATIONSHIP AS EMPLOYEES OF DIFFERENT ENTITIES IN WHICH MS. YU HAS AN OWNERSHIP INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 WAS REVIEWED AND APPROVED BY THE BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FOUNDATION REVIEWS THE CONFLICT OF INTEREST POLICY FOR POSSIBLE VIOLATIONS AT EACH ANNUAL BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FOUNDATION APPROVES COMPENSATION THROUGH IMPARTIAL DECISION MAKERS USING COMPARABILITY DATA AND WRITTEN JOB DESCRIPTIONS FOR POSITIONS AT SIMILAR ORGANIZATIONS. THE FOUNDATION DOCUMENTS HOW IT REACHED ITS DECISIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 48,063. MANAGEMENT AND GENERAL EXPENSES 15,145. FUNDRAISING EXPENSES 15,145. TOTAL EXPENSES 78,353.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE FOUNDATION HAS NOT CHANGED EITHER ITS OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0YUAN FOUNDATION
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0YUAN MEDIA GROUP LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0821361321
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt036580
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0DE
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0EDUCATION
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt00
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt012358 PARKLAWN DRIVE SUITE 200
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0NORTH BETHESDA
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0MD
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd020852
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0AL
IRS990/StatesWhereCopyOfReturnIsFldCd1AR
IRS990/StatesWhereCopyOfReturnIsFldCd2CA
IRS990/StatesWhereCopyOfReturnIsFldCd3FL
IRS990/StatesWhereCopyOfReturnIsFldCd4GA
IRS990/StatesWhereCopyOfReturnIsFldCd5HI
IRS990/StatesWhereCopyOfReturnIsFldCd6IL
IRS990/StatesWhereCopyOfReturnIsFldCd7KS
IRS990/StatesWhereCopyOfReturnIsFldCd8KY
IRS990/StatesWhereCopyOfReturnIsFldCd9MD
IRS990/StatesWhereCopyOfReturnIsFldCd10MA
IRS990/StatesWhereCopyOfReturnIsFldCd11MI
IRS990/StatesWhereCopyOfReturnIsFldCd12MN
IRS990/StatesWhereCopyOfReturnIsFldCd13MS
IRS990/StatesWhereCopyOfReturnIsFldCd14NH
IRS990/StatesWhereCopyOfReturnIsFldCd15NJ
IRS990/StatesWhereCopyOfReturnIsFldCd16NM
IRS990/StatesWhereCopyOfReturnIsFldCd17NY
IRS990/StatesWhereCopyOfReturnIsFldCd18NC
IRS990/StatesWhereCopyOfReturnIsFldCd19OK
IRS990/StatesWhereCopyOfReturnIsFldCd20OR
IRS990/StatesWhereCopyOfReturnIsFldCd21PA
IRS990/StatesWhereCopyOfReturnIsFldCd22RI
IRS990/StatesWhereCopyOfReturnIsFldCd23SC
IRS990/StatesWhereCopyOfReturnIsFldCd24TN
IRS990/StatesWhereCopyOfReturnIsFldCd25UT
IRS990/StatesWhereCopyOfReturnIsFldCd26VA
IRS990/StatesWhereCopyOfReturnIsFldCd27WV
IRS990/StatesWhereCopyOfReturnIsFldCd28WI
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt055768
IRS990/TotalAssetsEOYAmt0437984
IRS990/TotalAssetsGrp/BOYAmt055768
IRS990/TotalAssetsGrp/EOYAmt0437984
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0526510
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt090033
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt086219
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0248883
IRS990/TotalFunctionalExpensesGrp/TotalAmt0425135
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03145
IRS990/TotalLiabilitiesEOYAmt0276162
IRS990/TotalLiabilitiesGrp/BOYAmt03145
IRS990/TotalLiabilitiesGrp/EOYAmt0276162
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt052623
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0161822
IRS990/TotalOtherCompensationAmt020937
IRS990/TotalProgramServiceExpensesAmt0248883
IRS990/TotalProgramServiceRevenueAmt07824

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$437,984
Liabilities
$276,162
Net assets
$161,822
Revenue
$534,334
Expenses
$425,135
Net income
$109,199
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.15$0.48$0.33$2.23$4.18$1.95
2023Detailed filing. Detailed filing data is available for this year.$4.38$2.76$1.62$5.34$4.25$1.09
2022Detailed filing. Detailed filing data is available for this year.$0.56$0.03$0.53$2.60$2.07$0.53