Ma & Wang Family Foundation is a 501(c)(3) organization based in Mountain View, California, registered in 2022, with $3 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$3
▼ 100.0% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$4,258
Net assets
$3,853
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 Ma & Wang 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 Ma & Wang Family Foundation: 11 mo reserves · -141833% 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 Ma & Wang 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 Ma & Wang Family Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue declined from $8,109 (FY2021) to $3 (FY2024) across 4 reported years.
Financial snapshot
Operating margin
-141833.3%
Spent more than it raised in the latest fiscal year.
Total assets
$3,873
Total liabilities
$20
Net assets
$3,853
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3▼100.0% | $4,258▲43.6% | $3,853▼52.5% | $3,873▼52.2% | 990PF |
| 2023 | $9,185▲174% | $2,965▲6.8% | $8,108▲329% | $8,108▲329% | 990PF |
| 2022 | $3,358▼58.6% | $2,775▼59.2% | $1,888▲44.7% | $1,888▲44.7% | 990PF |
| 2021 | $8,109 | $6,804 | $1,305 | $1,305 | 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.
Explore more
Data for Ma & Wang Family Foundation (EIN 87-3988009) 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.