Sheng-yen Lu Foundation
Only null% goes to programs Strong reserves
Sheng-yen Lu Foundation is a 501(c)(3) organization based in Redmond, Washington, registered in 2009, with $1,796,335 in FY2024 revenue. CharityIndex grades it D.
17102 Ne 40th Ct, Redmond, WA, 98052 EIN 26-3276872 Since 2009
Revenue (FY2024)
$1.8M
▼ 12.1% vs prior year
Religion median: $139K
Expenses (FY2024)
$2.6M
Net assets
$10.9M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 Sheng-yen Lu Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating50 mo reserves · -45% 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 Sheng-yen Lu Foundation: 50 mo reserves · -45% margin earns a D 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 Sheng-yen Lu Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Sheng-yen Lu Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 17102 Ne 40th Ct, Redmond, WA, 98052
- City
- Redmond
- State
- Washington
- Category
- Religion-Related
- Subcategory
- Buddhist Organizations
- Website
- …
Financial trends
Revenue grew from $656K (FY2013) to $1.8M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $6,000Net assets $10.9M
Operating margin
-44.8%
Spent more than it raised in the latest fiscal year.
Total assets
$10.9M
Total liabilities
$6,000
Net assets
$10.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,796,335▼12.1% | $2,601,527▲12.0% | $10,873,677▼5.4% | $10,879,677▼5.4% | 990 |
| 2023 | $2,043,207▲8.3% | $2,322,846▼10.6% | $11,497,957▲6.5% | $11,502,957▲6.5% | 990 |
| 2022 | $1,887,190▲1.7% | $2,598,773▲12.5% | $10,797,811▼19.0% | $10,801,811▼19.0% | 990 |
| 2021 | $1,856,075▼23.1% | $2,310,517▲2.4% | $13,325,663▲5.3% | $13,329,663▲5.3% | 990 |
| 2020 | $2,412,683▲24.0% | $2,256,630▲94.1% | $12,654,856▲8.1% | $12,658,856▲8.1% | 990 |
| 2019 | $1,945,367▼28.8% | $1,162,623▲41.9% | $11,701,894▲17.5% | $11,705,894▲17.5% | 990 |
| 2018 | $2,732,422▲48.0% | $819,300▲37.9% | $9,957,703▲17.0% | $9,961,703▲17.0% | 990 |
| 2017 | $1,846,848▲29.4% | $594,209▲64.1% | $8,508,295▲25.6% | $8,512,295▲25.5% | 990 |
| 2016 | $1,426,778▲13.8% | $362,168▼13.8% | $6,776,690▲24.0% | $6,784,290▲20.8% | 990 |
| 2015 | $1,254,172▲28.1% | $420,087▲14.3% | $5,466,843▲16.2% | $5,615,425▲19.3% | 990 |
| 2014 | $979,073▲49.1% | $367,604▲23.8% | $4,702,846▲17.2% | $4,708,318▲17.0% | 990 |
| 2013 | $656,452 | $297,042▼66.8% | $4,013,177▲10.2% | $4,023,995▲9.7% | 990 |
| 2012 | — | $896,014▲104% | $3,641,976▲47.5% | $3,667,835▲48.5% | 990 |
| 2011 | — | $439,638▲148% | $2,469,265▲35.2% | $2,469,942▲35.2% | 990 |
| 2010 | — | $177,235 | $1,826,391 | $1,826,632 | 990 |
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.
Grants received · $37K total
5 grants to Sheng-yen Lu Foundation totaling $37K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2023 | $7,330 |
| The Blackbaud Giving Fund | General support | 2022 | $10,000 |
| American Online Giving Foundation Inc | General support | 2022 | $7,650 |
| Donor Advised Charitable Giving | Religion related | 2022 | $6,000 |
| Network For Good Inc | Unrestricted | 2020 | $5,863 |
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Frequently asked questions
- Is Sheng-yen Lu Foundation a legitimate nonprofit?
- Yes. Sheng-yen Lu Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 26-3276872, based in Redmond, Washington. Donations are tax-deductible.
- What is Sheng-yen Lu Foundation's EIN?
- Sheng-yen Lu Foundation's Employer Identification Number (EIN) is 26-3276872.
- How much revenue does Sheng-yen Lu Foundation report?
- Sheng-yen Lu Foundation reported $1,796,335 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Sheng-yen Lu Foundation have?
- CharityIndex grades Sheng-yen Lu Foundation D, based on financial health (reserves and operating margin).
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Data for Sheng-yen Lu Foundation (EIN 26-3276872) 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.