Ping Y Tai Foundation Inc
Only null% goes to programs Strong reserves Declining revenue
Ping Y Tai Foundation Inc is a 501(c)(3) organization based in New York, New York, registered in 1998, with $1,090,670 in FY2023 revenue. CharityIndex grades it C.
125 Park Avenue 25th Floor, New York, NY, 10017 EIN 13-3980789 Since 1998
Revenue (FY2023)
$1.1M
▼ 45.8% vs prior year
Unknown median: $232K
Expenses (FY2023)
$1.2M
Net assets
$19.1M
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 Ping Y Tai 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 →
C+Financial health25% of the rating191 mo reserves · -10% 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 Ping Y Tai Foundation Inc: 191 mo reserves · -10% margin earns a C+ 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 Ping Y Tai 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 Ping Y Tai Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 125 Park Avenue 25th Floor, New York, NY, 10017
- City
- New York
- State
- New York
- Category
- Unknown
- Subcategory
- Unknown — other (Z9x)
Financial trends
Revenue grew from $647K (FY2019) to $1.1M (FY2023) across 5 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $8,772Net assets $19.1M
Operating margin
-10.4%
Spent more than it raised in the latest fiscal year.
Total assets
$19.1M
Total liabilities
$8,772
Net assets
$19.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,090,670▼45.8% | $1,204,360▼6.4% | $19,132,261▼0.6% | $19,141,033▼0.7% | 990PF |
| 2022 | $2,013,881▲55.4% | $1,286,919▼5.6% | $19,245,951▲3.9% | $19,279,025▲4.0% | 990PF |
| 2021 | $1,295,531▼28.3% | $1,362,553▲7.0% | $18,518,989▼0.4% | $18,531,979▼0.5% | 990PF |
| 2020 | $1,807,936▲180% | $1,273,473▲11.3% | $18,586,011▲3.0% | $18,623,645▲3.1% | 990PF |
| 2019 | $646,833 | $1,144,434 | $18,051,548 | $18,063,904 | 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 Ping Y Tai Foundation Inc a legitimate nonprofit?
- Yes. Ping Y Tai Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-3980789, based in New York, New York. Donations are tax-deductible.
- What is Ping Y Tai Foundation Inc's EIN?
- Ping Y Tai Foundation Inc's Employer Identification Number (EIN) is 13-3980789.
- How much revenue does Ping Y Tai Foundation Inc report?
- Ping Y Tai Foundation Inc reported $1,090,670 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Ping Y Tai Foundation Inc have?
- CharityIndex grades Ping Y Tai Foundation Inc C, based on financial health (reserves and operating margin).
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Data for Ping Y Tai Foundation Inc (EIN 13-3980789) 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.