US Unicorn Foundation INC: Nonprofit Profile, Financials & Form 990 (EIN 93-4893830)

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2024.

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

Where the money goes

55 cents of each dollar spent went to programs.

55%

45%

Program services 55% · $293K Management & general 45% · $238K

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

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

2 people listed on the 990.

Part VII, Section A · reportable compensation

Dekui Li

President

$0Pt VII · Sec A

Wen Hua

Vice President

$0Pt VII · Sec A

See US Unicorn Foundation INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

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 15aNo

Programs and updates

Empowering minority-founded businesses through opportunities, solutions, and support for growth.

Questions for US Unicorn Foundation INC

Tap to ask. US Unicorn Foundation INC sees how many people are interested.

Your first name shows with your question. US Unicorn Foundation INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $293K · in their own filed words · FY2024

01

During the year, the Organization supported minority-founded businesses by offering targeted resources, practical solutions, and technical guidance. These efforts helped participating entrepreneurs strengthen their operations, improve sustainability, and enhance their competitiveness within their respective industries.

$293Kprogram expense

By the numbers

The FY2024 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$650K

Ln 12

Gifts and grantsLn 1h$650K

Money outPt IX

$531K

Ln 25

Programscol B$293K

Managementcol C$238K

Owns and owesPt X

$119K

net assets · Ln 32

Cash and savingsLn 1–2$150K

Total assetsLn 16$150K

LiabilitiesLn 26$31K

PeoplePt VI, VII

2

listed · VII A

PaidVII A0

Voting boardVI 1a2

IndependentVI 1b2

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$650K

Fundraising eventsLn 1c$52

Total revenueLn 12$650K

Assets in detailPt X, end of year

CashLn 1$150K

Cash and savings togetherLn 1–2$150K

Total assetsLn 16$150K

LiabilitiesLn 26$31K

Net assetsLn 32$119K

OperationsPt I, VI

EmployeesI 53

Fiscal year endsHeaderDecember

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13Yes

Records policyVI 14Yes

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY24	End FY24
Cash and savingsLn 1–2		$150K
Total assetsLn 16	$0	$150K
LiabilitiesLn 26	$0	$31K
Net assetsLn 32	$0	$119K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants to domestic organizationsLn 1	$293K	$293K
Other fees for servicesLn 11g	$50K		$50K
Advertising and promotionLn 12	$4K		$4K
Office expensesLn 13	$5K		$5K
OccupancyLn 16	$12K		$12K
TravelLn 17	$9K		$9K
InsuranceLn 23	$2K		$2K
Other expenses (24a–d)Ln 24	$153K		$153K
All other expensesLn 24e	$2K		$2K
Total functional expensesLn 25	$531K	$293K	$238K	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2024 Latest Viewing	$650K	$531K	$119K	$119K	990 PDF

Want to add your own materials alongside these filings? Claim this org

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 FY2024 990 (6 parts)

Part I · Summary $650,452 revenue, 12 lines filed

I-8 Contributions and grants$650,452

I-9 Program service revenue$0

I-10 Investment income$0

I-11 Other revenue$0

I-12 Total revenue$650,452

I-13 Grants and similar amounts paid$293,100

I-14 Benefits paid to members$0

I-15 Salaries and benefits$0

I-16a Professional fundraising fees$0

I-17 Other expenses$238,202

I-18 Total expenses$531,302

I-19 Revenue less expenses$119,150

Part VI · Governance 2 of 2 board members independent, 1 to look at

VI-1a Voting members of the governing body2

VI-1b Independent voting members2

VI-15a Process for setting top official's payNo

VI-2 Family or business relationship among officers or directorsNo

VI-12a Written conflict of interest policyYes

VI-13 Written whistleblower policyYes

VI-14 Document retention and destruction policyYes

Part VIII · Statement of revenue $650,452 across 5 lines filed

VIII-1c Fundraising events$52

VIII-1f All other contributions, gifts and grants$650,400

VIII-1h Total contributions, gifts and grants$650,452

VIII-8 Net income from fundraising events$0

VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$650,452

Part IX · Statement of functional expenses $531,302 across 9 lines filed

IX-1 Grants to domestic organizationsPrograms $293,100$293,100

IX-11g Other fees for servicesManagement $50,200$50,200

IX-12 Advertising and promotionManagement $4,137$4,137

IX-13 Office expensesManagement $5,058$5,058

IX-16 OccupancyManagement $11,960$11,960

IX-17 TravelManagement $9,479$9,479

IX-23 InsuranceManagement $1,528$1,528

IX-24 Other expenses (24a–d)Management $153,470$153,470

IX-24e All other expensesManagement $2,370$2,370

IX-25 Total functional expensesPrograms $293,100 · Management $238,202 · Fundraising $0$531,302

Part X · Balance sheet $150,157 assets, 7 lines filed

X-1 Cash, non-interest-bearing$150,157

X-16 Total assetsStart of year $0$150,157

X-17 Accounts payable and accrued expenses$31,007

X-26 Total liabilitiesStart of year $0$31,007

X-27 Net assets without donor restrictions$119,150

X-32 Total net assets or fund balancesStart of year $0$119,150

X-33 Total liabilities and net assetsStart of year $0$150,157

Part XI · Reconciliation of net assets $119,150 net assets at year end

XI-1 Total revenue$650,452

XI-2 Total expenses$531,302

XI-3 Revenue less expenses$119,150

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$119,150

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization