New Century Foundation

Nonprofit profile at a glance

EIN
912152100
IRS 990-EZ coverage
2021–2025
Official website data refreshed
Sep 2026
Forms available
Form 990-EZ 2025
Location
San Jose, CA, United States
Phone
2133001095
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Buddhism
Affiliation
Buddhism

Official website

Reported finances

Revenue
$1,743
Expenses
$11,776
Assets
$14,436
Liabilities
$0

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

Leadership & pay

3 people listed

Executive titles in this filing

  • MIAO YUAN (EXECUTIVE DIRECTOR)

People named in this filing

  • MIAO YUAN (EXECUTIVE DIRECTOR)
  • JORGE TORRES (OPERATIONAL DIRECTOR)
  • EMILIA WANG (DIRECTOR, SECRETARY AND 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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The New Century Foundation (NCF) is committed to supporting people in their quest to cultivate both spiritual wisdom and awareness, while leading a life of balance, joy and deep fulfillment. NCF offers a variety of holistic, spiritual cultivation programs that exist to empower and strengthen our inner resilience; awaken and open the heart; and promote clarity and calmness of mind. These programs reconnect individuals to their original, primordial state of consciousness from which compassion, wisdom and joy arise.

What it reported doing in 2025

Various on-line yoga of joy & vajra wind breathing practice sessions to help people to cultivate inner wisdom; a mantra recording program to help practioners to maintain and achieve inner peace and realize their true natures.

Operating model

Revenue model
Donor-supported. 97% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 99
  • Transparency & Controls: 82
  • Sustainability: 31
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 97.2%; rating input score 97

Transparency & Controls

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

Sustainability

  • Operating margin: -575.6%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 1.23; rating input score 53; 53rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -24.8% per year; rating input score 0; 16th percentile among comparable filings
  • Revenue growth: -2.3% per year; rating input score 0; 41st percentile among comparable filings
  • Asset growth: -0.2% per year; rating input score 0; 37th percentile among comparable filings

Details

  • What they do: 1 operating location identified
  • Where the money goes: 100% of revenue deployed · 97.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $11K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2021 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 — Sustainability: Operating margin scored 2/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 53/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.