Nathan Yip Foundation EIN 82-0549095

Nathan Yip Foundation FY2022 filing

EIN  82-0549095 Public foundation / grantmaker Greenwood Vlg, CO
Form 990 (PDF)
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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
Linda Yip · Non- Voting Director
Money in and out
$130K revenue, $303K expenses
Bottom line
79% program efficiency

Funds and supports educational organizations worldwide to improve and enrich learning opportunities for underserved children. For fiscal year 2022 it reported $130K in revenue, $303K in expenses, and $489K in net assets.Pt I

Grants paid & assets · FY2022
Total revenue
$130K
Pt VIII · Ln 12
Total expenses
$303K
Pt IX · Ln 25
Net assets
$489K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$173K
Where spending went · Part IX cols B–D
Program services $0.79 Management & general $0.10 Fundraising $0.11
Program efficiency
79%
of spending reaches programs
Operating runway
17.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
-134%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$130K
FY2022▼ -60%
Expenses
$303K
FY2022▲ +24%
Total assets
$498K
FY2022▼ -26%
Total liabilities
$9K
FY2022▲ +787%
Total revenue
$130K
Pt VIII · Ln 12
Total expenses
$303K
Pt IX · Ln 25
Net assets
$489K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$173K
Total assetsPt X · Ln 16$498K
Program-expense ratioPt IX · col B79%
Voting members of governing bodyPt I · Ln 315
Independent voting membersPt I · Ln 415
Mission & Programs · Part III

Where the work happens

2 program services account for $238K of program spending, described in the organization's own filed words · FY2022.
01

Provided support to other qualified tax exempt educational organizations

$120Kprogram expense
02

The rural teachers grant program provides funding to teachers in small rural colorado schools to implement smaller projects and programs in their classrooms.

$117Kprogram 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 1a15
Independent voting membersPt VI · Ln 1b15
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
Non- Voting Director
$0Pt VII · Sec A
Non-Voting Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Nathan Yip Foundation executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$106K · 82%
Other revenue$23K · 18%
Contributions & grants82%$106K
Other revenue18%$23K
Investment income$262
Total revenueLn 12$130K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.79 Management & general $0.10 Fundraising $0.11
Program services79%$238K
Management & general10%$30K
Fundraising11%$35K
Total functional expensesLn 25$303K

Balance Sheet

Part X · end of year
CashLn 1$118K
Total assetsLn 16$498K
Total liabilitiesLn 26$9K
Total net assetsLn 32$489K
Months of cash on handcomputed4.7

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $444K · Operating expenses/yr $303K
17.6 months
Where the money goes
Program services
Program services $238K · Total expenses $303K
79%
Management & General
Management & general $30K · Total expenses $303K
10%
Fundraising
Fundraising $35K · Total expenses $303K
11%
Cost to raise $1
Fundraising expense (3-yr avg) $40K · Solicited contributions (3-yr avg) $212K
$0.19 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $106K · Total revenue $130K
82%
Government reliance
Government grants $0 · Total revenue $130K
0%
Earned-income share
Program service revenue $0 · Total revenue $130K
0%
Investment reliance
Investment income $262 · Total revenue $130K
+0.2%
Program self-sufficiency
Program service revenue $0 · Total expenses $303K
0%
Growth & trend
Revenue growth (YoY)
This year $130K · Prior year $323K
-60%
Net-asset trend (YoY)
End of year $489K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $130K · Expenses $303K
-134%
Liabilities-to-Assets
Total liabilities — · Total assets $498K
Net-asset ratio
Net assets $489K · Total assets $498K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $326K · Total assets (Pt X, ln 16) $498K
66%
People & payroll
Highest Reported Total Compensation
Individual Linda Yip · Reported title NON- VOTING DIRECTOR · Highest reported compensation $0 · Total expenses $303K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $303K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 79%
Overhead ratio 10%
Fundraising cost ratio 33%
Revenue growth -60%
Investment management fee ratio 0.5%
Accounting fee ratio 1%

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 · ⤓ 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) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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