Lingzi Foundation

Nonprofit profile at a glance

EIN
464756983
IRS 990-EZ coverage
2014–2024
Forms available
Form 990-EZ 2024
Location
Boston, MA, USA
Phone
6174568057
Rating
60
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Public Foundations

Reported finances

Revenue
$116,036
Expenses
$68,914
Assets
$431,473
Liabilities
$0

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

Leadership & pay

7 people listed

Executive titles in this filing

  • HELEN JINYAN ZHAO (PRESIDENT)

People named in this filing

  • HELEN JINYAN ZHAO (PRESIDENT)
  • SHERMAN YEE (TREASURER)
  • LORI LEYDEN (DIRECTOR)

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 lingzi foundation honors the example set by lingzi lu, who spread love and compassion while fearlessly following her dreams, by providing educational opportunities for courageous and ambitious students like her; and supporting organizations that reflect her passions and recognize those making a positive impact toward building bridges between cultures and communities."

What it reported doing in 2024

The foundation granted funds to soccer without borders which works to use soccer as a vehicle for positive change, providing under-served youth a toolkit to overcome obstacles to growth, inclusion, and personal success. Swb boston is a seasonal program serving greater east boston. Proceeds provided one scholarship for one student for one year of soccer.

Operating model

Revenue model
Donor-supported. 92% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and program spending has grown recently. 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: 36
  • Transparency & Controls: 82
  • Sustainability: 82
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 32.4%; rating input score 32
  • Program expense ratio: 44.3%; rating input score 44

Transparency & Controls

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

Sustainability

  • Operating margin: 40.6%; rating input score 90; 90th percentile among comparable filings
  • Total-asset coverage ratio: 6.26; rating input score 97; 97th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 7.3%; rating input score 22; 22nd percentile among comparable filings

Growth

  • Program expense growth: 14.5% per year; rating input score 100; 69th percentile among comparable filings
  • Revenue growth: 13.8% per year; rating input score 100; 75th percentile among comparable filings
  • Asset growth: 23.6% per year; rating input score 100; 84th percentile among comparable filings

Details

  • Where the money goes: 32.4% of revenue deployed · 44.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $31K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 10 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • 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 32/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 44/100.
  • High — Sustainability: Officer compensation ratio scored 22/100.