Helena Tse Yeung Foundation
Helena Tse Yeung Foundation consistently spends more than it earns, leading to a steady decline in assets.
EIN: 113667898 · Overland Park, KS · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $21K |
| Total Expenses | $61K |
| Program Spending | 70% |
| Net Assets | $701K |
| Transparency Score | 45/100 |
Is Helena Tse Yeung Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Helena Tse Yeung Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Helena Tse Yeung Foundation
Helena Tse Yeung Foundation (EIN: 113667898) is a nonprofit organization based in Overland Park, KS, classified under NTEE code T22. The organization reported total revenue of $21K and total assets of $691K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Helena Tse Yeung Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Helena Tse Yeung Foundation is a micro nonprofit that has been operating for 23 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $19K |
| Total Expenses | $61K |
| Surplus / Deficit | $-42,389 |
| Total Assets | $701K |
| Total Liabilities | $1 |
| Net Assets | $701K |
| Operating Margin | -225.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 137.5 months |
Financial Health Grade: B
In 2023, Helena Tse Yeung Foundation reported a deficit of $42K with expenses exceeding revenue, holds 137.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Helena Tse Yeung Foundation's revenue has declined at a compound annual growth rate (CAGR) of -8.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.9% | +4.8% | -5.8% |
| 2022 | -48.5% | +5.5% | -4.7% |
| 2021 | -11.6% | -7.7% | -1.7% |
| 2020 | +105.0% | +3.6% | -1.6% |
| 2019 | -39.8% | +9.6% | -7.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Helena Tse Yeung Foundation with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Helena Tse Yeung Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $42K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that no executive salaries are paid, which is a positive for resource allocation and suggests a volunteer-led leadership structure.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Helena Tse Yeung Foundation's IRS 990 filings:
- Consistent operating deficits (expenses exceeding revenue) in recent years, e.g., $61,176 expenses vs. $18,787 revenue in 2023.
- Steady decline in total assets over the past decade, from $906,913 in 2013 to $701,137 in 2023.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering a full assessment of spending efficiency.
Strengths
The following positive indicators were identified for Helena Tse Yeung Foundation:
- Consistent filing of IRS 990 forms, demonstrating transparency in reporting.
- 0% officer compensation reported across all filings, indicating no executive salaries are paid.
- Low liabilities, consistently reported as $1 or $0, suggesting good debt management.
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) significant concerns. Mission Score: 45/100. 3 red flags identified, 3 strengths noted.
How does Helena Tse Yeung Foundation spend its money?
Helena Tse Yeung Foundation directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Helena Tse Yeung Foundation tax-deductible?
Helena Tse Yeung Foundation is registered as a tax-exempt nonprofit (EIN: 113667898). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Helena Tse Yeung Foundation's spending goes to programs?
Helena Tse Yeung Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Helena Tse Yeung Foundation compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Helena Tse Yeung Foundation is near average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Helena Tse Yeung Foundation located?
Helena Tse Yeung Foundation is headquartered in Overland Park, Kansas and files with the IRS under EIN 113667898. It is classified under NTEE code T22.
How many years of IRS 990 filings does Helena Tse Yeung Foundation have?
Helena Tse Yeung Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $21K in total revenue.
Is the Helena Tse Yeung Foundation financially sustainable?
Based on the consistent trend of expenses exceeding revenue (e.g., $61,176 expenses vs. $18,787 revenue in 2023), the foundation is not financially sustainable in its current operational model, as it is drawing down its assets.
What are the primary drivers of the foundation's expenses?
The provided data does not break down expenses into program, administrative, or fundraising categories, making it impossible to determine the primary drivers. This lack of detail is a transparency concern.
Why have the foundation's assets been declining?
The foundation's assets have been declining because its annual expenses have consistently been higher than its annual revenue for many years, forcing it to use its existing assets to cover the deficit. For example, assets decreased from $743,975 in 2022 to $701,137 in 2023.
Filing History
IRS 990 filing history for Helena Tse Yeung Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Helena Tse Yeung Foundation's revenue has declined by 66.6%, moving from $56K to $19K. Total assets decreased by 14.8% over the same period, from $823K to $701K. Total functional expenses rose by 36.7%, from $45K to $61K. In its most recent filing year (2023), Helena Tse Yeung Foundation reported a deficit of $42K, with expenses exceeding revenue. The organization holds $1 in liabilities against $701K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $701K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $19K | $61K | $701K | $1 | — | — |
| 2022 | $22K | $58K | $744K | $1 | — | View 990 |
| 2021 | $42K | $55K | $781K | $1 | — | — |
| 2020 | $48K | $60K | $794K | $1 | — | View 990 |
| 2019 | $23K | $58K | $808K | $1 | — | View 990 |
| 2015 | $39K | $53K | $876K | $1 | — | View 990 |
| 2014 | $40K | $57K | $890K | $1 | — | View 990 |
| 2013 | $107K | $50K | $907K | $1 | — | View 990 |
| 2012 | $68K | $51K | $848K | $0 | — | View 990 |
| 2011 | $56K | $45K | $823K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $19K, expenses of $61K, and assets of $701K (revenue -13.9% year-over-year).
- 2022: Revenue of $22K, expenses of $58K, and assets of $744K (revenue -48.5% year-over-year).
- 2021: Revenue of $42K, expenses of $55K, and assets of $781K (revenue -11.6% year-over-year).
- 2020: Revenue of $48K, expenses of $60K, and assets of $794K (revenue +105.0% year-over-year).
- 2019: Revenue of $23K, expenses of $58K, and assets of $808K (revenue -39.8% year-over-year).
- 2015: Revenue of $39K, expenses of $53K, and assets of $876K (revenue -2.7% year-over-year).
- 2014: Revenue of $40K, expenses of $57K, and assets of $890K (revenue -62.6% year-over-year).
- 2013: Revenue of $107K, expenses of $50K, and assets of $907K (revenue +57.4% year-over-year).
- 2012: Revenue of $68K, expenses of $51K, and assets of $848K (revenue +20.4% year-over-year).
- 2011: Revenue of $56K, expenses of $45K, and assets of $823K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Helena Tse Yeung Foundation:
Data Sources and Methodology
This transparency report for Helena Tse Yeung Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.