Laozhuang Foundation Inc

Nonprofit profile at a glance

EIN
611502305
IRS 990-EZ coverage
2011–2025
Forms available
Form 990-EZ 2025
Location
Magnolia, TX, USA
Phone
2812593557
Rating
36
Verdict
REVIEW
Rating confidence
Moderate
Sector
Promotion of International Understanding

Official website

Reported finances

Revenue
$7,513
Expenses
$7,898
Assets
$193,750
Liabilities
$131

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • George Chou (President)
  • John Huang (President)

People named in this filing

  • George Chou (President)
  • John Huang (President)
  • John Huang (Secretary)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Holding lectures, retreats, and teaching the practice of Buddhism and Taoism.

What it reported doing in 2025

The activities of LaoZhuang Foundation, Inc. are two-fold. One is to promote the awareness and understanding of ancient eastern philosophies in the community; the other is to support other tax-exempt non-profit organizations whose purposes are for the advancement of humanity, religion, and education in general and in the ancient eastern philosophies in particular. We host online and in-person classes. There are about 100 participants that benefit from these classes.

Operating model

Revenue model
Donor-supported. 88% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up. 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: 0
  • Transparency & Controls: 82
  • Sustainability: 55
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -5.1%; rating input score 34; 34th percentile among comparable filings
  • Total-asset coverage ratio: 24.53; rating input score 97; 97th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 31; 31st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -23.1% per year; rating input score 0; 17th percentile among comparable filings
  • Revenue growth: -9.4% per year; rating input score 0; 26th percentile among comparable filings
  • Asset growth: -1.6% per year; rating input score 0; 32nd percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 11 filing years from 2011 to 2025
  • 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 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 34/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 31/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.