Shan & Qiu Family Foundation is a 501(c)(3) organization based in Bayside, New York, registered in 2022, with $21,643 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$22K
▲ 129.7% vs prior year
Education median: $200K
Expenses (FY2024)
$41K
Net assets
$243K
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 Shan & 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 Shan & Qiu Family Foundation: 71 mo reserves · -90% 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 Shan & 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 Shan & 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 $412K (FY2021) to $22K (FY2024) across 4 reported years.
Financial snapshot
Operating margin
-90.4%
Spent more than it raised in the latest fiscal year.
Total assets
$253K
Total liabilities
$9,562
Net assets
$243K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $21,643▲130% | $41,204▼4.3% | $243,434▼10.9% | $252,996▼7.4% | 990PF |
| 2023 | $9,423▲108% | $43,056▲278% | $273,116▼7.7% | $273,116▼10.2% | 990PF |
| 2022 | -$111,762▼127% | $11,383 | $295,767▼28.2% | $304,144▼26.2% | 990PF |
| 2021 | $411,897 | $0 | $411,897 | $411,897 | 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 Shan & Qiu Family Foundation (EIN 87-3301893) 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.