Liabilities / Assets
71st percentile
Higher debt load relative to assets than 71% of similar nonprofits.
Liwu Gift Foundation
990EZ • Fiscal year 2024 • EIN 93-3092946
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.02x
Liabilities / Revenue
90th percentile
Higher debt load relative to revenue than 90% of similar nonprofits.
Net Margin
40th percentile
Higher net margin than 40% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
48th percentile
Faster asset growth than 48% of similar nonprofits.
Revenue Growth
3rd percentile
Faster revenue growth than 3% of similar nonprofits.
Balance Sheet
Assets
Up$217,447
Up $2,708 (+1.3%) from 2023
Net Assets
Up$212,447
Up $264 (+0.1%) from 2023
Liabilities
Up$5,000
Up $2,444 (+96%) from 2023
Revenue And Expenses
Revenue
Down$20,070
Down $194,930 (-91%) from 2023
Expenses
Up$19,806
Up $16,989 (+603%) from 2023
Net Income
Down$264
Down $211,919 (-100%) from 2023
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- May 14, 2025
- Return Version
- 2024v5.0
- Gross Receipts
- $20,070
Mission and Program Overview
Mission
We provide educational, emotional, and financial support to enhance the lives of youths and families. Established in August 2023, we focused on raising awareness in the community to secure donations. Future funds will support youth sports, education, and match sponsorships, including hosting matches and classroom education.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| This year, the organization significantly enhanced its public engagement and fundraising capabilities by developing a new website. This platform serves as a vital tool for disseminating information about our mission and programs, improving accessibility for the community we serve. Some specific functions like volunteer sign-ups is still under construction. Concurrently, we actively conducted community outreach initiatives to secure donations essential for funding our exempt-purpose activities. These combined efforts in digital presence and direct engagement have expanded our reach and strengthened our ability to provide educational and sport related resources. | $12,000 | $11,600 |
| This year, our organization actively engaged with youth in the local community by hosting four recreational events featuring Table Tennis and Pickleball. These events provided a fun and healthy environment for over 10 kids to participate in sports. This also served as an effective outreach opportunity, allowing us to introduce them and their families to our organization's mission to provide accessible recreational and developmental activities for youth. Through these activities, we fostered community spirit and increased awareness of our programs available to neighborhood residents. | $200 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Xiaoyang Wu | Vice President | - | $0 | - | - |
| Xiaoyu Li | President | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Liwu Gift Foundation
- EIN
- 93-3092946
- Phone
- 9193358236
- Address
- 417 Rensworth Ct, Cary, NC 27519
Signing Officer
- Name
- Xiaoyang Wu
- Title
- Vice President
- Phone
- 9193358236
- Signed
- 2025-05-14
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 16
“It includes: TV depreciation: 471.47; furniture depreciation: 425.63; Rental Property depreciation: 6254.54; Computers and monitor depreciation: 526.16; Table Tennis table: 130.23; Office supply: 398.02.”
Form 990-EZ, Part II, Line 24
“It includes the following asset net book value: TV: 1885.89 Furnitures:2553.78 Computers:1371.93 Monitor:732.72 Table Tennis table:781.4 The Useful life for furnitures and table tennis table(equipment) is 7 years, the rest is 5 years. The Depreciation Method is Straight-Line Depreciation.”
Form 990-EZ, Part II, Line 26
“It includes $5,000 representing accrued professional services fees that were incurred during the 2024 fiscal year but remained unpaid as of December 31, 2024.”
Raw XML Appendix142 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/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BenefitsPaidToOrForMembersAmt | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Xiaoyang Wu |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9193358236 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 417 Rensworth Ct |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Cary |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 27519 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 1636 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 2000 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 264 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 11600 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form1120PolFiledInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 214739 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 217447 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | 0 |
| IRS990EZ/GamingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 0 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 20070 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 18070 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 214739 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 208485 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MembershipDuesAmt | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 212183 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 212447 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 212183 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 212447 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 3 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 4 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Xiaoyang Wu |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Xiaoyu Li |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Vice President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | President |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 7326 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 8206 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 0 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | We provide educational, emotional, and financial support to enhance the lives of youths and families. Established in August 2023, we focused on raising awareness in the community to secure donations. Future funds will support youth sports, education, and match sponsorships, including hosting matches and classroom education. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 0 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | This year, the organization significantly enhanced its public engagement and fundraising capabilities by developing a new website. This platform serves as a vital tool for disseminating information about our mission and programs, improving accessibility for the community we serve. Some specific functions like volunteer sign-ups is still under construction. Concurrently, we actively conducted community outreach initiatives to secure donations essential for funding our exempt-purpose activities. These combined efforts in digital presence and direct engagement have expanded our reach and strengthened our ability to provide educational and sport related resources. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | This year, our organization actively engaged with youth in the local community by hosting four recreational events featuring Table Tennis and Pickleball. These events provided a fun and healthy environment for over 10 kids to participate in sports. This also served as an effective outreach opportunity, allowing us to introduce them and their families to our organization's mission to provide accessible recreational and developmental activities for youth. Through these activities, we fostered community spirit and increased awareness of our programs available to neighborhood residents. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 12000 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 200 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 11600 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 0 |
| IRS990EZ/SaleOfAssetsGrossAmt | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NC |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 2556 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 5000 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 19806 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 11600 |
| IRS990EZ/TotalRevenueAmt | 0 | 20070 |
| IRS990EZ/TransactionWithControlEntInd | 0 | 0 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | www.activelittleones.org |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 2000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 215000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 217000 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 217000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 2000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 215000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 217000 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 217000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | It includes: TV depreciation: 471.47; furniture depreciation: 425.63; Rental Property depreciation: 6254.54; Computers and monitor depreciation: 526.16; Table Tennis table: 130.23; Office supply: 398.02. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | It includes the following asset net book value: TV: 1885.89 Furnitures:2553.78 Computers:1371.93 Monitor:732.72 Table Tennis table:781.4 The Useful life for furnitures and table tennis table(equipment) is 7 years, the rest is 5 years. The Depreciation Method is Straight-Line Depreciation. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | It includes $5,000 representing accrued professional services fees that were incurred during the 2024 fiscal year but remained unpaid as of December 31, 2024. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part II, Line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part II, Line 26 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Xiaoyang Wu |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Vice President |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9193358236 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-05-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | LIWU GIFT FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LIWU |
| ReturnHeader/Filer/EIN | 0 | 933092946 |
| ReturnHeader/Filer/PhoneNum | 0 | 9193358236 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 417 Rensworth Ct |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Cary |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 27519 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/ReturnTs | 0 | 2025-05-14T18:20:54-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $217,447
- Liabilities
- $5,000
- Net assets
- $212,447
- Revenue
- $20,070
- Expenses
- $19,806
- Net income
- $264