Li-qiu Family Foundation is a 501(c)(3) organization based in Boston, Massachusetts, registered in 2022, with $313,761 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$314K
▲ 115.0% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$548K
Net assets
$7.2M
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 Li-qiu Family Foundation— 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 Li-qiu Family Foundation: 159 mo reserves · -75% margin earns a F 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 Li-qiu Family Foundation— 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 Li-qiu Family Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $8.0M (FY2021) to $314K (FY2024) across 4 reported years.
Financial snapshot
Operating margin
-74.7%
Spent more than it raised in the latest fiscal year.
Total assets
$7.2M
Total liabilities
$1,868
Net assets
$7.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $313,761▲115% | $548,003▲30.3% | $7,248,030▼3.1% | $7,249,898▼3.1% | 990PF |
| 2023 | $145,925▲46.4% | $420,638▲23.8% | $7,482,272▼3.6% | $7,483,736▼3.6% | 990PF |
| 2022 | $99,653▼98.8% | $339,711 | $7,759,968▼3.0% | $7,767,228▼2.9% | 990PF |
| 2021 | $8,000,026 | $0 | $8,000,026 | $8,000,026 | 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 Li-qiu Family Foundation (EIN 87-3229097) 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.