Laymans Foundation INC FY2021 filing

Tax-deductible

Walnut, CA501(c)(3)Since 2005ReligionEIN 75-3204589Revenue $330K in FY2021

On file with the IRSlaymansfoundation.org1162 Clorinda Dr, 91789-3716 · Walnut, CATax-exempt since Oct 2006Publicly supported charity — 170(b)(1)(A)(vi)

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To hold conferences, bible studies and individual training sessions along with other practical means for christian growth, study, prayer and training in christian evangelism, discipleship and mentoring

501(c)(3) charity; gifts are tax-deductible.
98¢ of each $1 spent went to programs.
$50K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $20K a year · 11% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
98%
of spending
Looks good: 98% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$50K
to officers and key staff · 26% of spending
Worth a look: pay to officers and key staff is 26% of spending; over 20%.
Pt VII · Sec A
Cash reserves
25 mo
of spending, in cash
Looks good: 25.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $16K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$713
0.1% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$330K
+77% vs prior year
Spent
$193K
To programs
98%
Net assets
$596K
By yearFY2020–FY2025
Revenue
$330K
FY2021▲ +77%
Tap a bar for its year
Revenue by fiscal year
FY2020$186K
FY2021$330K
FY2022$215K
FY2023$66K
FY2024$156K
FY2025$171K
Expenses
$193K
FY2021▼ -5%
Tap a bar for its year
Expenses by fiscal year
FY2020$204K
FY2021$193K
FY2022$212K
FY2023$236K
FY2024$196K
FY2025$206K
Net assets
$596K
FY2021▲ +38%
Tap a bar for its year
Net assets by fiscal year
FY2020$433K
FY2021$596K
FY2022$599K
FY2023$429K
FY2024$389K
FY2025$517K

From the FY2021 Form 990 · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 2006.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

98 cents of each dollar spent went to programs.

Program services 98% · $188K Management & general 2% · $4K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990; $50K paid to officers and key staff.

Part VII, Section A · reportable compensation
Director/Pre
$50,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director and
$0Pt VII · Sec A
Director and
$0Pt VII · Sec A

Lee F Yih’s $100K as Director/Pre is at the 89th percentile of top reported officer pay among 2133 $100K–1M religion nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2021FY2020
Lee F Yih$100,000$50,000$50,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Promotes Christian growth through conferences, Bible studies, and training in evangelism and discipleship.

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Provided by the organization

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1 program · $188K · in their own filed words · FY2021
01

All assets of the not-for-profit organization have been utilized in furtherence of the entity's tax exempt purpose as needed.

$188Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$16K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$330K
Ln 12
Gifts and grantsLn 1h$353K
Investment incomeLn 3$3K
Money outPt IX
$193K
Ln 25
Programscol B$188K
Managementcol C$4K
Owns and owesPt X
$596K
net assets · Ln 32
Cash and savingsLn 1–2$401K
Total assetsLn 16$597K
LiabilitiesLn 26$713
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$353K
Investment incomeLn 3$3K
Gains on assetsLn 7−$25K
Total revenueLn 12$330K
Assets in detailPt X, end of year
CashLn 1$18K
SavingsLn 2$383K
Cash and savings togetherLn 1–2$401K
InvestmentsLn 11–13$196K
Total assetsLn 16$597K
LiabilitiesLn 26$713
Net assetsLn 32$596K
OperationsPt I, VI
EmployeesI 54
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$241K$401K
InvestmentsLn 11–13$193K$196K
Total assetsLn 16$434K$597K
LiabilitiesLn 26$714$713
Net assetsLn 32$433K$596K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$150K$150K
Payroll taxesLn 10$8K$8K
Legal feesLn 11b$2K$2K
Accounting feesLn 11c$6K$6K
Office expensesLn 13$11K$11K
TravelLn 17$4K$4K
Conferences, conventions and meetingsLn 19$5K$5K
InsuranceLn 23$4K$4K
Other expenses (24a–d)Ln 24$4K$4K
Total functional expensesLn 25$193K$188K$4K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $171K$206K−$35K$517K 990 PDF
FY2024 $156K$196K−$41K$389K 990 PDF
FY2023 $66K$236K−$170K$429K 990 PDF
FY2022 $215K$212K$3K$599K 990 PDF
FY2021 Viewing $330K$193K$138K$596K 990 PDF
FY2020 $186K$204K−$17K$433K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $330,290 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $224,163$352,611
I-9 Program service revenue$0
I-10 Investment incomePrior year −$37,834−$22,321
I-11 Other revenue$0
I-12 Total revenuePrior year $186,329$330,290
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $157,650$157,650
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $45,908$35,121
I-18 Total expensesPrior year $203,558$192,771
I-19 Revenue less expensesPrior year −$17,229$137,519
Part VI · Governance 5 of 5 board members independent, 2 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $330,290 across 5 lines filed
VIII-1f All other contributions, gifts and grants$352,611
VIII-1h Total contributions, gifts and grants$352,611
VIII-3 Investment incomeRelated to mission $2,905 · Excluded from tax $91$2,996
VIII-7 Net gain or loss on sales of assetsRelated to mission −$25,317−$25,317
VIII-12 Total revenueRelated to mission −$22,412 · Excluded from tax $91$330,290
Part IX · Statement of functional expenses $192,771 across 9 lines filed
IX-7 Other salaries and wagesPrograms $150,000$150,000
IX-10 Payroll taxesPrograms $7,650$7,650
IX-11b Legal feesPrograms $1,787$1,787
IX-11c Accounting feesPrograms $5,700$5,700
IX-13 Office expensesPrograms $10,735$10,735
IX-17 TravelPrograms $4,278$4,278
IX-19 Conferences, conventions and meetingsPrograms $4,676$4,676
IX-23 InsuranceManagement $4,414$4,414
IX-24 Other expenses (24a–d)Programs $3,531$3,531
IX-25 Total functional expensesPrograms $188,357 · Management $4,414 · Fundraising $0$192,771
Part X · Balance sheet $596,768 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $23,540$18,278
X-2 Savings and temporary cash investmentsStart of year $217,747$382,939
X-11 Publicly traded securitiesStart of year $192,646$195,551
X-16 Total assetsStart of year $433,933$596,768
X-17 Accounts payable and accrued expensesStart of year $714$713
X-26 Total liabilitiesStart of year $714$713
X-32 Total net assets or fund balancesStart of year $433,219$596,055
X-33 Total liabilities and net assetsStart of year $433,933$596,768
Part XI · Reconciliation of net assets $596,055 net assets at year end
XI-1 Total revenue$330,290
XI-2 Total expenses$192,771
XI-3 Revenue less expenses$137,519
XI-4 Net assets at start of year$433,219
XI-5 Net unrealized gains (losses) on investments$25,317
XI-10 Net assets at end of year$596,055

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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