Gracious Life Foundation
Nonprofit profile at a glance
- EIN
- 270492667
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990 2020, Form 990-EZ 2024
- Location
- Sunnyvale, CA, USA
- Phone
- 4084317178
- Rating
- 42
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Cancer
Reported finances
- Revenue
- $26,380
- Expenses
- $23,777
- Assets
- $326,510
- Liabilities
- $74,209
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- WEIXING CHEN (President & Sec)
- NI SUN (CEO & TREASURER)
People named in this filing
- WEIXING CHEN (President & Sec)
- NI SUN (CEO & TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
1. Raise the awareness of the childhood leukemia disease and other related disease.2. Granting funds, goods and services which address a leukemia disease kids and their familys' specific need or desire during treatment and recovery process.3. Funding charity junior golf events.4. Funding the cutting-edge research and treatment conducted at lucile packard children's hospital by dr. Gary dahl.
What it reported doing in 2024
Travel to meet the potential sponsors for foundation events to seek for event sponsorship support, operation material preparation and allocation.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 5
- Transparency & Controls: 82
- Sustainability: 65
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 5.1%; rating input score 5
- Program expense ratio: 5.7%; rating input score 6
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 9.9%; rating input score 62; 62nd percentile among comparable filings
- Total-asset coverage ratio: 13.73; rating input score 94; 94th percentile among comparable filings
- Liabilities to assets ratio: 0.23; rating input score 13; 13th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -6% per year; rating input score 0; 34th percentile among comparable filings
- Revenue growth: 5.3% per year; rating input score 100; 72nd percentile among comparable filings
- Asset growth: 12.7% per year; rating input score 100; 77th percentile among comparable filings
Details
- Where the money goes: 5.1% of revenue deployed · 5.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $1K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 11 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 5/100.
- High — Financial Efficiency: Program expense ratio scored 6/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 13/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.