Yao Qi Zong Foundation

Nonprofit profile at a glance

EIN
932787778
IRS 990 coverage
2023–2025
Forms available
Form 990 2025
Location
San Jose, CA, USA
Phone
5105081098
Rating
47
Verdict
MIXED
Rating confidence
Moderate

Reported finances

Revenue
$315,723
Expenses
$13,735
Assets
$331,165
Liabilities
$0

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

Leadership & pay

2 people listed

Executive titles in this filing

  • QINGLI ZHANG (President)

People named in this filing

  • QINGLI ZHANG (President)
  • YA-FEN CHEN (CFO)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Medicine Qi School, with its lineage deeply entwined in the ancient tapestry of Eastern Daoist healing, herbal lore, and chemical wisdom, venerates the human body as the ultimate elixir and dedicates itself to its cultivation. This venerable institution employs the artistry of Chi-gong techniques and the indulgence in artisanal herbal teas to bestow a state of well-being, mitigating maladies and lessening reliance on conventional medications. We ardently hold the belief that the world's treasures, in their diverse forms, carry within them medicinal properties endowed with a spiritual resonance. Guided by the sacred tenets of the Medicine Qi School, we join in a collective pursuit of robust physical vitality, material abundance, and spiritual serenity.

What it reported doing in 2025

1.1. Teaching and leading the practice of Chi-gong.1.2. Meditation Practice Workshop.1.3. Dao of Alchemy and Knowledge of Chinese Herbal Medicine Seminars

Operating model

Revenue model
Donor-supported. 75% 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

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.

Rating breakdown

  • Financial Efficiency: 31
  • Transparency & Controls: 83
  • Accountability: 12
  • Sustainability: 92
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 3.7%; rating input score 4
  • Program expense ratio: 85.4%; rating input score 85
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 88.9%; rating input score 89; 6th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 8th percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 95.6%; rating input score 99; 99th percentile among comparable filings
  • Total-asset coverage ratio: 24.11; rating input score 96; 96th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings

Growth

  • Program expense growth: -9.8% per year; rating input score 0; 11th percentile among comparable filings
  • Revenue growth: 89.1% per year; rating input score 100; 99th percentile among comparable filings
  • Asset growth: 111.1% per year; rating input score 100; 99th percentile among comparable filings

Details

  • Where the money goes: 3.7% of revenue deployed · 85.4% of spending went to programs
  • Governance: 0 of 2 board members independent · 2 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $12K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 14 of 15 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules · includes major donors
  • Filing history: 3 filing years from 2023 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 — Financial Efficiency: Mission deployment rate scored 4/100.
  • High — Accountability: Independent voting board scored 0/100.
  • High — Accountability: Governance controls: 5 of 7 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.