Is Helena Tse Yeung Foundation Legit? —…

Spending Breakdown

How Helena Tse Yeung Foundation allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

Admin Costs

Reasonable — admin costs in check

10%

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Helena Tse Yeung Foundation

Is Helena Tse Yeung Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Helena Tse Yeung Foundation (EIN: 113667898) shows mixed signals. Mission Score: 45/100. 3 red flags identified, 3 strengths noted.

Is Helena Tse Yeung Foundation a good charity to donate to?

Helena Tse Yeung Foundation has a Mission Score of 45/100. Revenue: $21K. Assets: $691K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Helena Tse Yeung Foundation?

The Employer Identification Number (EIN) for Helena Tse Yeung Foundation is 113667898. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Helena Tse Yeung Foundation spend its money?

Helena Tse Yeung Foundation allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Helena Tse Yeung Foundation's tax-exempt status?

You can verify Helena Tse Yeung Foundation's tax-exempt status using EIN 113667898 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

The Helena Tse Yeung Foundation exhibits consistent financial transparency, with 10 years of IRS 990 filings available. However, a significant concern is the organization's spending efficiency. In recent years, expenses have consistently outpaced revenue, leading to a steady decline in assets. For instance, in 2023, revenue was $18,787 while expenses were $61,176, resulting in a deficit of over $42,000. This trend is not sustainable and suggests that the organization is drawing down its reserves to cover operational costs. While the organization reports 0% officer compensation, which is a positive for resource allocation, the overall financial health is concerning due to the persistent operating deficits.

The foundation's financial health appears to be deteriorating, with assets declining from $906,913 in 2013 to $701,137 in 2023. This reduction of over $200,000 in assets over a decade, primarily driven by expenses exceeding revenue, indicates a long-term financial challenge. The organization needs to address its revenue generation or expense management to ensure its long-term viability. Without a clear understanding of how the expenses are categorized (program, administrative, fundraising), it's difficult to fully assess spending efficiency beyond the overall deficit.

Is Helena Tse Yeung Foundation Legit?

Verdict: Helena Tse Yeung Foundation shows mixed signals

Red Flags

Strengths