Zheng- Liu Family Foundation is a 501(c)(3) organization based in Fremont, California, registered in 2011, with $500,103 in FY2025 revenue. CharityIndex grades it C+.
Revenue (FY2025)
$500K
▲ 1715.9% vs prior year
Arts & Culture median: $159K
Expenses (FY2025)
$1,047
Net assets
$1.1M
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 Zheng- Liu 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 Zheng- Liu Family Foundation: 12062 mo reserves · +100% margin earns a B+ 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 Zheng- Liu 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 Zheng- Liu Family Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $6,120 (FY2013) to $500K (FY2025) across 13 reported years.
Financial snapshot
Operating margin
99.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.1M
Total liabilities
$0
Net assets
$1.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $500,103▲1716% | $1,047▼98.5% | $1,052,367▲90.2% | $1,052,367▲90.2% | 990PF |
| 2024 | $27,540▼41.1% | $68,470▼15.6% | $553,311▼6.9% | $553,311▼6.9% | 990PF |
| 2023 | $46,767▲20345% | $81,129▼56.2% | $594,241▼5.5% | $594,241▼5.5% | 990PF |
| 2022 | -$231▲93.2% | $185,437▲233% | $628,603▼22.8% | $628,603▼22.8% | 990PF |
| 2021 | -$3,407▼111% | $55,660▼62.4% | $814,271▼6.8% | $814,271▼6.8% | 990PF |
| 2020 | $31,077▲22.2% | $147,870▲177% | $873,338▼11.8% | $873,338▼11.8% | 990PF |
| 2019 | $25,441▲76.4% | $53,435▼30.0% | $990,131▼2.7% | $990,131▼2.7% | 990PF |
| 2018 | $14,424▼96.0% | $76,362▲36.3% | $1,018,125▼5.7% | $1,018,125▼5.7% | 990PF |
| 2017 | $361,580▲62.1% | $56,039▼13.2% | $1,080,063▲39.4% | $1,080,063▲39.4% | 990PF |
| 2016 | $223,100▼27.9% | $64,541▲303% | $774,522▲25.7% | $774,522▲25.7% | 990PF |
| 2015 | $309,350▲4942% | $16,008▲15.0% | $615,962▲90.9% | $615,963▲90.9% | 990PF |
| 2014 | $6,135▲0.2% | $13,925▲1.2% | $322,620▼2.4% | $322,620▼2.4% | 990PF |
| 2013 | $6,120 | $13,761▼37.7% | $330,410▼2.3% | $330,410▼2.3% | 990PF |
| 2012 | — | $22,092▲86.9% | $338,051▼4.6% | $338,051▼4.6% | 990PF |
| 2011 | — | $11,819 | $354,203 | $354,203 | 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 Zheng- Liu Family Foundation (EIN 27-4362890) 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.