Life Education Foundation
Nonprofit profile at a glance
- EIN
- 010645907
- IRS 990-EZ coverage
- 2019–2020
- Forms available
- Form 990-EZ 2020
- Location
- New York, NY, USA
- Phone
- 2129250023
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Education
Reported finances
- Revenue
- $29,156
- Expenses
- $1,185
- Assets
- $292,840
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- EDWARD MA (PRESIDENT)
People named in this filing
- EDWARD MA (PRESIDENT)
- YUPING PAN (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 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide scholarships to chinese students
What it reported doing in 2020
Provided scholarships to college students who graduated from nandan high school and continue to attend various accredited colleges and universities in chinatotal covered : 55
Operating model
- Revenue model
- Donor-supported. 90% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 77
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 95.9%; rating input score 99; 99th percentile among comparable filings
- Total-asset coverage ratio: 247.12; rating input score 99; 99th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 1.4%; rating input score 13; 13th percentile among comparable filings
Growth
- Program expense growth: -68.4% per year; rating input score 0; 7th percentile among comparable filings
- Revenue growth: -90.8% per year; rating input score 0; 4th percentile among comparable filings
- Asset growth: 103.2% per year; rating input score 100; 99th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $38K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 6 of 7 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2019 to 2020
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 13/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.