Nathan Yip Foundation EIN 82-0549095

Nathan Yip Foundation FY2023 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
Jack Markson · Director
Money in and out
$486K revenue, $440K expenses
Bottom line
74% program efficiency

Funds and supports educational organizations worldwide to improve and enrich learning opportunities for underserved children. For fiscal year 2023 it reported $486K in revenue, $440K in expenses, and $544K in net assets.Pt I

Grants paid & assets · FY2023
Total revenue
$486K
Pt VIII · Ln 12
Total expenses
$440K
Pt IX · Ln 25
Net assets
$544K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $46K
Where spending went · Part IX cols B–D
Program services $0.74 Management & general $0.16 Fundraising $0.10
Program efficiency
74%
of spending reaches programs
Operating runway
16.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
+9%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$486K
FY2023▲ +275%
Expenses
$440K
FY2023▲ +45%
Total assets
$628K
FY2023▲ +26%
Total liabilities
$84K
FY2023▲ +846%
Total revenue
$486K
Pt VIII · Ln 12
Total expenses
$440K
Pt IX · Ln 25
Net assets
$544K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$46K
Total assetsPt X · Ln 16$628K
Program-expense ratioPt IX · col B74%
Voting members of governing bodyPt I · Ln 316
Independent voting membersPt I · Ln 416
Mission & Programs · Part III

Where the work happens

1 program service account for $324K of program spending, described in the organization's own filed words · FY2023.
01

Provided support to other qualified tax exempt educational organizations

$324Kprogram 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 1a16
Independent voting membersPt VI · Ln 1b16
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
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Nathan Yip Foundation executive salaries →

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Statement of Revenue

Part VIII
Other revenue$299K · 62%
Contributions & grants$157K · 32%
Investment income$30K · 6%
Other revenue62%$299K
Contributions & grants32%$157K
Investment income6%$30K
Total revenueLn 12$486K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.74 Management & general $0.16 Fundraising $0.10
Program services74%$324K
Management & general16%$71K
Fundraising10%$45K
Total functional expensesLn 25$440K

Balance Sheet

Part X · end of year
CashLn 1$201K
Total assetsLn 16$628K
Total liabilitiesLn 26$84K
Total net assetsLn 32$544K
Months of cash on handcomputed5.5

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $569K · Operating expenses (Pt IX) $440K · Less non-cash grants $28K · Cash operating expenses/yr $413K
16.6 months
Where the money goes
Program services
Program services $324K · Total expenses $440K
74%
Management & General
Management & general $71K · Total expenses $440K
16%
Fundraising
Fundraising $45K · Total expenses $440K
10%
Cost to raise $1
Fundraising expense (3-yr avg) $41K · Solicited contributions (3-yr avg) $193K
$0.21 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $157K · Total revenue $486K
32%
Government reliance
Government grants — · Total revenue $486K
Earned-income share
Program service revenue $0 · Total revenue $486K
0%
Investment reliance
Investment income $30K · Total revenue $486K
+6%
Program self-sufficiency
Program service revenue $0 · Total expenses $440K
0%
Growth & trend
Revenue growth (YoY)
This year $486K · Prior year $130K
+275%
Net-asset trend (YoY)
End of year $544K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $486K · Expenses $440K
+9%
Liabilities-to-Assets
Total liabilities — · Total assets $628K
Net-asset ratio
Net assets $544K · Total assets $628K
87%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $368K · Total assets (Pt X, ln 16) $628K
59%
People & payroll
Highest Reported Total Compensation
Individual Jack Markson · Reported title Director · Highest reported compensation $0 · Total expenses $440K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $92K · Total expenses $440K
21%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 74%
Overhead ratio 16%
Fundraising cost ratio 29%
Revenue growth 275%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 2%
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 · ⤓ 990 PDF
FY2023$486K revenue · viewing · ⤓ 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) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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