Civic Intelligence

Fong & Lee Foundation Inc.

990EZ • Fiscal year 2022 • EIN 88-3052875

Jan 01, 2022 to Dec 31, 2022 • Filed on Feb 24, 2023

4731 Bonita Bay Blvd Unit 302Bonita Springs, FL 34134

(917) 992-6776

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

94th percentile

67%

Higher net margin than 94% 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

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Assets

$20,081

No earlier filing loaded for comparison.

Net Assets

$20,081

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$30,581

No earlier filing loaded for comparison.

Expenses

$10,000

No earlier filing loaded for comparison.

Net Income

$20,581

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2022: $20,081Liabilities 2022: $0Net Assets 2022: $20,0812022Assets 2023: $41,348Liabilities 2023: $0Net Assets 2023: $41,3482023Assets 2024: $87,703Net Assets 2024: $87,7032024Assets 2025: $153,628Net Assets 2025: $153,6282025

Highlighted filing

2022

Assets$20,081
Liabilities$0
Net Assets$20,081

Operations Trend

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

$150K$100K$50K$0Revenue 2022: $30,581Expenses 2022: $10,000Net Income 2022: $20,5812022Revenue 2023: $52,368Expenses 2023: $31,600Net Income 2023: $20,7682023Revenue 2024: $77,508Expenses 2024: $31,153Net Income 2024: $46,3552024Revenue 2025: $112,014Expenses 2025: $46,089Net Income 2025: $65,9252025

Highlighted filing

2022

Revenue$30,581
Expenses$10,000
Net Income$20,581
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Feb 24, 2023
Return Version
2022v4.1
Gross Receipts
$30,581
Mission and Program Overview

Mission

Our mission is to provide outreach to minority students through activities including, but not limited to, providing financial and educational support to community-based organizations and cultural programs that support minority students.

Program Services

DescriptionGrantsExpenses
Our accomplishments for 2022 included:- Fong & Lee Foundation Inc. committed to annual contribution of $10,000 yearly for the next 5 years to 4 female students of Chinese Descent as research stipends engaging in stem research areas to be administered by the Brooklyn Tech Alumni Foundation.$10,000$10,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dean K FongPresident, Director-$0--
Linda J LeeDirector-$0--
Yvette WeirDirector-$0--
Filing and Contact Details

Filer

Filer Name
Fong & Lee Foundation Inc
EIN
88-3052875
Phone
9179926776
Address
4731 Bonita Bay Blvd Unit 302, Bonita Springs, FL 34134

Signing Officer

Name
Dean K Fong
Title
President, Director
Signed
2023-02-24
Discuss with paid preparer
Yes

Preparer

Firm
Floyd Green CPA Pc
Address
3114 Mercer University Drive Suite, Atlanta, GA 30341
Preparer
Floyd Green Jr CPA
Phone
7704572550
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

Class of Activity: STEM Research | Donee's Name: Brooklyn Tech Alumni Foundation | Donee's Address: 29 Fort Greene Place Brooklyn NY 11217 | Relationship of Donee: None | Cash Amount Given: $10000

Raw XML Appendix141 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Dean K Fong
IRS990EZ/BooksInCareOfDetail/PhoneNum09179926776
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04731 Bonita Bay Blvd Unit 302
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Bonita Spring
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd034134
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt020081
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt030581
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt020581
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt020081
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt010000
IRS990EZ/GrossReceiptsAmt030581
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt020081
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt020081
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Dean K Fong
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Linda J Lee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Yvette Weir
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President, Dir
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt0-500
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Our mission is to provide outreach to minority students through activities including, but not limited to, providing financial and educational support to community-based organizations and cultural programs that support minority students.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Our accomplishments for 2022 included:- Fong & Lee Foundation Inc. committed to annual contribution of $10,000 yearly for the next 5 years to 4 female students of Chinese Descent as research stipends engaging in stem research areas to be administered by the Brooklyn Tech Alumni Foundation.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt010000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt010000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt010000
IRS990EZ/TotalProgramServiceExpensesAmt010000
IRS990EZ/TotalRevenueAmt030581
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt029581
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt029581
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt030581
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt030581
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt01000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt029581
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt029581
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt030581
IRS990ScheduleA/Total509Grp/TotalAmt030581
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt030581
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt030581
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Class of Activity: STEM Research | Donee's Name: Brooklyn Tech Alumni Foundation | Donee's Address: 29 Fort Greene Place Brooklyn NY 11217 | Relationship of Donee: None | Cash Amount Given: $10000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Dean K Fong
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President, Dir
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-02-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Fong & Lee Foundation Inc
ReturnHeader/Filer/BusinessNameControlTxt0FONG
ReturnHeader/Filer/EIN0883052875
ReturnHeader/Filer/PhoneNum09179926776
ReturnHeader/Filer/USAddress/AddressLine1Txt04731 Bonita Bay Blvd Unit 302
ReturnHeader/Filer/USAddress/CityNm0Bonita Springs
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd034134
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0550842444
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FLOYD GREEN CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03114 Mercer University Drive Suite
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Atlanta
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030341
ReturnHeader/PreparerPersonGrp/PhoneNum07704572550
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Floyd Green Jr CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-02-24T09:51:53-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Dean K
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Fong
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings