Li & Shiao Foundation Inc
Only null% goes to programs Strong reserves
Li & Shiao Foundation Inc is a 501(c)(3) organization based in N Billerica, Massachusetts, registered in 2023, with $218,425 in FY2024 revenue. CharityIndex grades it C+.
19 Sterling Rd Ste 6a, N Billerica, MA, 01862 EIN 92-0569971 Since 2023
Revenue (FY2024)
$218K
▼ 9.2% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$41K
Net assets
$674K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Li & Shiao Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating195 mo reserves · +81% margin
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 Li & Shiao Foundation Inc: 195 mo reserves · +81% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Li & Shiao Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
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 Li & Shiao Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 19 Sterling Rd Ste 6a, N Billerica, MA, 01862
- City
- N Billerica
- State
- Massachusetts
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $300K (FY2022) to $218K (FY2024) across 3 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $674K
Operating margin
81.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$674K
Total liabilities
$0
Net assets
$674K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $218,425▼9.2% | $41,433▼4.5% | $674,273▲35.6% | $674,273▲35.6% | 990PF |
| 2023 | $240,561▼19.8% | $43,380 | $497,281▲65.7% | $497,281▲65.7% | 990PF |
| 2022 | $300,100 | $0 | $300,100 | $300,100 | 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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Frequently asked questions
- Is Li & Shiao Foundation Inc a legitimate nonprofit?
- Yes. Li & Shiao Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 92-0569971, based in N Billerica, Massachusetts. Donations are tax-deductible.
- What is Li & Shiao Foundation Inc's EIN?
- Li & Shiao Foundation Inc's Employer Identification Number (EIN) is 92-0569971.
- How much revenue does Li & Shiao Foundation Inc report?
- Li & Shiao Foundation Inc reported $218,425 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Li & Shiao Foundation Inc have?
- CharityIndex grades Li & Shiao Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for Li & Shiao Foundation Inc (EIN 92-0569971) 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.