Wendell & Marsha Yim Foundation
EIN: 812908143 · Kaneohe, HI · NTEE: T12
| Metric | Value |
|---|---|
| Total Revenue | $462K |
| Net Assets | $195K |
Is Wendell & Marsha Yim Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wendell & Marsha Yim Foundation
Wendell & Marsha Yim Foundation (EIN: 812908143) is a nonprofit organization based in Kaneohe, HI, classified under NTEE code T12. The organization reported total revenue of $462K and total assets of $574K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wendell & Marsha Yim Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wendell & Marsha Yim Foundation is a small nonprofit that has been operating for 10 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 139.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $136K |
| Total Expenses | $0 |
| Surplus / Deficit | +$136K |
| Total Assets | $195K |
| Total Liabilities | $1 |
| Net Assets | $195K |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 0.0% |
Financial Health Grade: A
In 2023, Wendell & Marsha Yim Foundation reported a surplus of $136K with revenue exceeding expenses, has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Wendell & Marsha Yim Foundation's revenue has grown at a compound annual growth rate (CAGR) of 139.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2979.3% | -100.0% | +292.3% |
| 2022 | +12.2% | +0.4% | -39.7% |
| 2020 | -154.3% | +26.0% | +1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wendell & Marsha Yim Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Wendell & Marsha Yim Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Wendell & Marsha Yim Foundation
Is Wendell & Marsha Yim Foundation a legitimate charity?
Wendell & Marsha Yim Foundation (EIN: 812908143) is a registered tax-exempt nonprofit based in Hawaii. It has 5 years of IRS 990 filings on record. Total revenue: $462K. No red flags identified. Financial health grade: A.
How does Wendell & Marsha Yim Foundation spend its money?
Wendell & Marsha Yim Foundation reported $462K in total revenue in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Wendell & Marsha Yim Foundation tax-deductible?
Wendell & Marsha Yim Foundation is registered as a tax-exempt nonprofit (EIN: 812908143). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wendell & Marsha Yim Foundation located?
Wendell & Marsha Yim Foundation is headquartered in Kaneohe, Hawaii and files with the IRS under EIN 812908143. It is classified under NTEE code T12.
How many years of IRS 990 filings does Wendell & Marsha Yim Foundation have?
Wendell & Marsha Yim Foundation has 5 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 $462K in total revenue.
Filing History
IRS 990 filing history for Wendell & Marsha Yim Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Wendell & Marsha Yim Foundation's revenue has grown by 3197%, moving from $4K to $136K. Total assets increased by 215.5% over the same period, from $62K to $195K. Total functional expenses fell by 100%, from $3K to $0. The organization holds $1 in liabilities against $195K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $195K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $136K | $0 | $195K | $1 | — | View 990 |
| 2022 | $4K | $3K | $50K | $1 | — | View 990 |
| 2021 | $4K | $3K | $83K | $1 | — | View 990 |
| 2020 | $-2,244 | $4K | $63K | $1 | — | View 990 |
| 2019 | $4K | $3K | $62K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $136K, expenses of $0, and assets of $195K (revenue +2979.3% year-over-year).
- 2022: Revenue of $4K, expenses of $3K, and assets of $50K (revenue +12.2% year-over-year).
- 2021: Revenue of $4K, expenses of $3K, and assets of $83K.
- 2020: Revenue of $-2,244, expenses of $4K, and assets of $63K (revenue -154.3% year-over-year).
- 2019: Revenue of $4K, expenses of $3K, and assets of $62K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wendell & Marsha Yim Foundation:
Data Sources and Methodology
This transparency report for Wendell & Marsha Yim 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.