Daofeng & Angela Foundation Corporation is a 501(c)(3) organization based in Arlington, Virginia, registered in 2016, with $1,756,129 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$1.8M
▲ 291.5% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$1.4M
Net assets
$21.2M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Daofeng & Angela Foundation Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Daofeng & Angela Foundation Corporation: 181 mo reserves · +20% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Daofeng & Angela Foundation Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Daofeng & Angela Foundation Corporation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $5.0M (FY2016) to $1.8M (FY2024) across 8 reported years.
Financial snapshot
Operating margin
20.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$21.6M
Total liabilities
$433K
Net assets
$21.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,756,129▲292% | $1,402,625▲14.2% | $21,197,779▲1.7% | $21,630,772▲1.8% | 990PF |
| 2023 | $448,524▼64.4% | $1,227,905▲23.6% | $20,844,275▼3.6% | $21,244,092▼2.9% | 990PF |
| 2022 | $1,258,524▼80.7% | $993,180▼16.1% | $21,623,656▲1.2% | $21,888,887▲1.3% | 990PF |
| 2021 | $6,508,516▼8.7% | $1,184,299▼9.0% | $21,358,312▼18.8% | $21,614,528▼19.2% | 990PF |
| 2020 | $7,132,114▲90.3% | $1,301,793▲196% | $26,295,669▲85.0% | $26,736,238▲82.4% | 990PF |
| 2019 | $3,748,098▲5483% | $439,286▲26.6% | $14,215,813▲99.3% | $14,660,663▲101% | 990PF |
| 2018 | -$69,622▼101% | $347,062▲160% | $7,132,211▲46.8% | $7,291,566▲46.9% | 990PF |
| 2016 | $4,991,530 | $133,433 | $4,858,098 | $4,963,098 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Daofeng & Angela Foundation Corporation (EIN 81-2371087) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.