Tak Lau Charity Foundation
Nonprofit profile at a glance
- EIN
- 472462918
- IRS 990-EZ coverage
- 2015–2024
- Forms available
- Form 990-EZ 2024
- Location
- Arcadia, CA, USA
- Phone
- 6263756682
- Rating confidence
- Limited
- Sector
- Developmentally Disabled Centers
Reported finances
- Revenue
- $0
- Expenses
- $18,807
- Assets
- $10,930
- Liabilities
- $91,793
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- TAK LAI LAU (President)
People named in this filing
- TAK LAI LAU (President)
- JESSICA PUI-HANG LEE (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To bring about awareness for disabilities in children to the public and communities.
What it reported doing in 2024
The organization is to bring forth classes and events to promote awareness of disabled children and families by means of fundraising and donations.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 26
- Transparency & Controls: 82
- Sustainability: 16
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 69.7%; rating input score 70
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 0.58; rating input score 33; 33rd percentile among comparable filings
- Liabilities to assets ratio: 8.4; rating input score 1; 1st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 15.4% per year; rating input score 100; 78th percentile among comparable filings
- Revenue growth: -27.4% per year; rating input score 0; 11th percentile among comparable filings
- Asset growth: 18.8% per year; rating input score 100; 85th percentile among comparable filings
Details
- Where the money goes: 69.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $13K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 9 filing years from 2015 to 2024
- 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 — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
- High — Sustainability: Liabilities to assets ratio scored 1/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.