Grayson Culture & Youth Foundation

Nonprofit profile at a glance

EIN
883868534
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024
Location
Flushing, NY, USA
Phone
9176289193
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Arts, Cultural Organizations - Multipurpose

Reported finances

Revenue
$8,992
Expenses
$4,091
Assets
$3,099

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • XU JIANG (PRESIDENT)

People named in this filing

  • XU JIANG (PRESIDENT)
  • HOWARD LIN (SECRETARY)
  • NENG WANG (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

The main purpose of the foundation is to help our youth develop their leadership abilities, awareness forthe community, and the skills necessary for building a better and brighter guture for themselves. Out program will provide a curriculum that aims to help the youth understand how to take control and take care of their lives. They will do this by evaluating their individual circumstances, by taking initative to build and improve their access to resources, and by transforming their consciousness and approach to life through beliefs, values, and attitudes. Through this, ti is our foundation's goal to improve our youths' quality of life, both for their livelihoods now in the future.

What it reported doing in 2024

Jan 2024-may 2024 proivided free tutoring service to high school students

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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

SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 66
  • Transparency & Controls: 82
  • Sustainability: 61
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 45.5%; rating input score 45
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 54.5%; rating input score 92; 92nd percentile among comparable filings
  • Total-asset coverage ratio: 0.76; rating input score 39; 39th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -115.8% per year; rating input score 0; 3rd percentile among comparable filings
  • Revenue growth: -21% per year; rating input score 0; 14th percentile among comparable filings
  • Asset growth: -85.5% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 45.5% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $4K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 45/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.