Liwu Gift Foundation
Nonprofit profile at a glance
- EIN
- 933092946
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024, Form 990-N 2023
- Location
- Cary, NC, USA
- Phone
- 9193358236
- Rating
- 68
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Youth Development Programs
Reported finances
- Revenue
- $20,070
- Expenses
- $19,806
- Assets
- $217,447
- Liabilities
- $5,000
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- Xiaoyang Wu (Vice President)
- Xiaoyu Li (President)
People named in this filing
- Xiaoyang Wu (Vice President)
- Xiaoyu Li (President)
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
We provide educational, emotional, and financial support to enhance the lives of youths and families. Established in August 2023, we focused on raising awareness in the community to secure donations. Future funds will support youth sports, education, and match sponsorships, including hosting matches and classroom education.
What it reported doing in 2024
This year, the organization significantly enhanced its public engagement and fundraising capabilities by developing a new website. This platform serves as a vital tool for disseminating information about our mission and programs, improving accessibility for the community we serve. Some specific functions like volunteer sign-ups is still under construction. Concurrently, we actively conducted community outreach initiatives to secure donations essential for funding our exempt-purpose activities. These combined efforts in digital presence and direct engagement have expanded our reach and strengthened our ability to provide educational and sport related resources.
Operating model
- Revenue model
- Investment-supported. 90% of the money available for current operations came from recurring investment income.
- 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 - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 62
- Transparency & Controls: 82
- Sustainability: 59
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 63.6%; rating input score 64
- Program expense ratio: 58.6%; rating input score 59
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 1.3%; rating input score 48; 48th percentile among comparable filings
- Total-asset coverage ratio: 10.98; rating input score 93; 93rd percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 25; 25th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -165.8% per year; rating input score 0; 1st percentile among comparable filings
- Asset growth: 1.3% per year; rating input score 100; 44th percentile among comparable filings
Details
- Where the money goes: 63.6% of revenue deployed · 58.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $12K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- 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.
- Review — Financial Efficiency: Program expense ratio scored 59/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 48/100.
- High — Sustainability: Liabilities to assets ratio scored 25/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.