Sheng-wei and Chi-ping Li Foundation is a 501(c)(3) organization based in Los Gatos, California, registered in 2001, with $1,313 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$1,313
▼ 65.5% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$13K
Net assets
$234K
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 Sheng-wei and Chi-ping Li 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 Sheng-wei and Chi-ping Li Foundation: 217 mo reserves · -888% 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 Sheng-wei and Chi-ping Li 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 Sheng-wei and Chi-ping Li 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 $7,045 (FY2018) to $1,313 (FY2024) across 7 reported years.
Financial snapshot
Operating margin
-887.8%
Spent more than it raised in the latest fiscal year.
Total assets
$234K
Total liabilities
$0
Net assets
$234K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,313▼65.5% | $12,970▲51.8% | $234,065▲11.3% | $234,065▲11.3% | 990PF |
| 2023 | $3,808▲134% | $8,545▲7.2% | $210,216▲37.9% | $210,216▲37.9% | 990PF |
| 2022 | $1,628▲122% | $7,968▼44.8% | $152,465▼4.0% | $152,465▼4.0% | 990PF |
| 2021 | -$7,490▼245% | $14,431▲101% | $158,805▼12.1% | $158,805▼12.1% | 990PF |
| 2020 | $5,175▼24.2% | $7,182▲49.3% | $180,726▼1.1% | $180,726▼1.1% | 990PF |
| 2019 | $6,829▼3.1% | $4,810▼8.3% | $182,733▲13.7% | $182,733▲13.7% | 990PF |
| 2018 | $7,045 | $5,247 | $160,760 | $160,760 | 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 Sheng-wei and Chi-ping Li Foundation (EIN 77-0560162) 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.