Nathan Yip Foundation EIN 82-0549095

Nathan Yip Foundation

EIN  82-0549095 Public foundation / grantmaker Greenwood Vlg, CO
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Funds and supports educational organizations worldwide to improve and enrich learning opportunities for underserved children.
Leadership
Lisa McDonald · Director
Money in and out
$382K revenue, $454K expenses
Bottom line
70% program efficiency

Funds and supports educational organizations worldwide to improve and enrich learning opportunities for underserved children. For fiscal year 2024 it reported $382K in revenue, $454K in expenses, and $472K in net assets.Pt I

Grants paid & assets · FY2024
Total revenue
$382K
Pt VIII · Ln 12
Total expenses
$454K
Pt IX · Ln 25
Net assets
$472K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$73K
Where spending went · Part IX cols B–D
Program services $0.70 Management & general $0.17 Fundraising $0.13
Program efficiency
70%
of spending reaches programs▼ -5% vs prior filing year
Operating runway
14.0mo
months of highly liquid reserves at operating expense rate▼ -16% vs prior filing year
Surplus margin
-19%
revenue over expenses, this year▼ -303% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$382K
FY2024▼ -21%
Expenses
$454K
FY2024▲ +3%
Total assets
$557K
FY2024▼ -11%
Total liabilities
$85K
FY2024▲ +2%
Total revenue
$382K
Pt VIII · Ln 12
Total expenses
$454K
Pt IX · Ln 25
Net assets
$472K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$73K
Total assetsPt X · Ln 16$557K
Program-expense ratioPt IX · col B70%
Voting members of governing bodyPt I · Ln 318
Independent voting membersPt I · Ln 418
Mission & Programs · Part III

Where the work happens

1 program service account for $318K of program spending, described in the organization's own filed words · FY2024.
01

Provided support to other qualified tax exempt educational organizations

$318Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNathan Yip Foundation
EINHdr · item D82-0549095
Principal addressHdr · item CGreenwood Vlg, CO
WebsiteHdr · item Jnathanyipfoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T12)
Ruling yearIRS BMFMay 2003

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a18
Independent voting membersPt VI · Ln 1b18
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$277K · 73%
Other revenue$71K · 19%
Investment income$34K · 9%
Contributions & grants73%$277K
Other revenue19%$71K
Investment income9%$34K
Total revenueLn 12$382K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.70 Management & general $0.17 Fundraising $0.13
Program services70%$318K
Management & general17%$79K
Fundraising13%$58K
Total functional expensesLn 25$454K

Balance Sheet

Part X · end of year
CashLn 1$121K
Total assetsLn 16$557K
Total liabilitiesLn 26$85K
Total net assetsLn 32$472K
Months of cash on handcomputed3.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $501K · Operating expenses (Pt IX) $454K · Less non-cash grants $25K · Cash operating expenses/yr $429K
14.0 months
Where the money goes
Program services
Program services $318K · Total expenses $454K
70%
Management & General
Management & general $79K · Total expenses $454K
17%
Fundraising
Fundraising $58K · Total expenses $454K
13%
Cost to raise $1
Fundraising expense (3-yr avg) $46K · Solicited contributions (3-yr avg) $180K
$0.25 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $277K · Total revenue $382K
73%
Government reliance
Government grants — · Total revenue $382K
Earned-income share
Program service revenue $0 · Total revenue $382K
0%
Investment reliance
Investment income $34K · Total revenue $382K
+9%
Program self-sufficiency
Program service revenue $0 · Total expenses $454K
0%
Growth & trend
Revenue growth (YoY)
This year $382K · Prior year $486K
-21%
Revenue CAGR
FY2020 $209K · FY2024 $382K
+16%
Net-asset trend (YoY)
End of year $472K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $382K · Expenses $454K
-19%
Liabilities-to-Assets
Total liabilities — · Total assets $557K
Net-asset ratio
Net assets $472K · Total assets $557K
85%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $379K · Total assets (Pt X, ln 16) $557K
68%
People & payroll
Highest Reported Total Compensation
Individual Lisa McDonald · Reported title Director · Highest reported compensation $0 · Total expenses $454K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $101K · Total expenses $454K
22%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 70%
Overhead ratio 17%
Fundraising cost ratio 21%
Revenue growth -21%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 1%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$2K
Grants paid · 44 grants · $678K · 2020–2024
Rocky Ford School DistrictFY2024$25,000
Stratton MshsFY2024$20,000
Bennett High SchoolFY2024$17,350
Moffat County School DistrictFY2024$15,000
Ridgway School DistrictFY2024$14,360
Olathe High SchoolFY2024$13,000
Moffat County High SchoolFY2024$12,500
Lake City Community SchoolFY2024$12,500
NfsisFY2024$12,000
Mt Evans BocesFY2024$10,000
South Central BocesFY2024$9,000
Cedaredge High SchoolFY2024$7,230
Gardner Valley SchoolCO · FY2024$7,000
Paonia K8CO · FY2024$6,800
Soroco Middle SchoolFY2024$6,400
North Fork High SchoolFY2024$6,170
Archuleta School DistrictFY2023$35,690
Delta County School DistrictFY2023$33,105
See all 44 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$382K revenue · viewing · ⤓ 990 PDF
FY2023$486K revenue · ⤓ 990 PDF
FY2022$323K revenue · ⤓ 990 PDF
FY2021$209K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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