Timothy S Y Lam Foundation
Only null% goes to programs Strong reserves Declining revenue
Timothy S Y Lam Foundation is a 501(c)(3) organization based in Las Vegas, Nevada, registered in 2014, with $61,586 in FY2024 revenue. CharityIndex grades it F.
460 Las Alturas Ave, Las Vegas, NV, 89123 EIN 45-4735106 Since 2014
Revenue (FY2024)
$62K
▼ 85.9% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$116K
Net assets
$1.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Timothy S Y Lam Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating109 mo reserves · -89% 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 Timothy S Y Lam Foundation: 109 mo reserves · -89% margin earns a F 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 Timothy S Y Lam Foundation— 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 Timothy S Y Lam Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 460 Las Alturas Ave, Las Vegas, NV, 89123
- City
- Las Vegas
- State
- Nevada
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $24K (FY2013) to $62K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.1M
Operating margin
-89.1%
Spent more than it raised in the latest fiscal year.
Total assets
$1.1M
Total liabilities
$0
Net assets
$1.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $61,586▼85.9% | $116,442▲16.0% | $1,053,592▲2.0% | $1,053,592▲2.0% | 990PF |
| 2023 | $435,638▲1761% | $100,367▲59.2% | $1,032,996▲61.5% | $1,032,996▲61.5% | 990PF |
| 2022 | $23,414▼84.5% | $63,049▲63.3% | $639,588▼22.5% | $639,588▼22.5% | 990PF |
| 2021 | $151,069▲18.3% | $38,613▼84.0% | $825,371▲59.1% | $825,371▲59.1% | 990PF |
| 2020 | $127,673▲89.5% | $240,730▲206% | $518,685▼17.9% | $518,685▼17.9% | 990PF |
| 2019 | $67,368▼3.1% | $78,558▼7.6% | $631,742▼1.7% | $631,742▼1.9% | 990PF |
| 2018 | $69,495▲17.7% | $85,042▲27.6% | $642,662▼2.4% | $643,896▼2.2% | 990PF |
| 2017 | $59,038▼36.2% | $66,649▼19.2% | $658,209▼5.7% | $658,209▼5.8% | 990PF |
| 2016 | $92,566▼18.1% | $82,485▲33.6% | $698,041▲5.5% | $698,503▲5.5% | 990PF |
| 2015 | $113,032▼60.9% | $61,731▲85.6% | $661,517▲5.7% | $661,785▲5.6% | 990PF |
| 2014 | $289,196▲1123% | $33,266▲331% | $625,876▲67.5% | $626,858▲67.8% | 990PF |
| 2013 | $23,645 | $7,724 | $373,577 | $373,577 | 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.
Grants received · $18K total
2 grants to Timothy S Y Lam Foundation totaling $18K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Network For Good Inc | Unrestricted | 2017 | $11,710 |
| Network For Good Inc | Unrestricted | 2015 | $6,145 |
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Frequently asked questions
- Is Timothy S Y Lam Foundation a legitimate nonprofit?
- Yes. Timothy S Y Lam Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 45-4735106, based in Las Vegas, Nevada. Donations are tax-deductible.
- What is Timothy S Y Lam Foundation's EIN?
- Timothy S Y Lam Foundation's Employer Identification Number (EIN) is 45-4735106.
- How much revenue does Timothy S Y Lam Foundation report?
- Timothy S Y Lam Foundation reported $61,586 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Timothy S Y Lam Foundation have?
- CharityIndex grades Timothy S Y Lam Foundation F, based on financial health (reserves and operating margin).
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Data for Timothy S Y Lam Foundation (EIN 45-4735106) 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.