Nonprofit screen
Screen a listFangcao Reading Circle
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Registered
- Charity type
- 509(a)(1)
$37krevenue
FY2023 · −94% in 3 yrs4 of 4years filed
’20’21’22’23
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2023
Operating margin−4.3%
Revenue growth (annualized)−61.8%
Middle half of peersMedianFangcao Reading Circle
Worth checking2
Its largest funder stopped after FY2020
Enlight Foundation gave $500k in FY2020, 75% of revenue that year.
Funders’ 990-PF grant listsDeficits in 3 of the last 3 years
−$5k in FY2021, −$18k in FY2022 and −$2k in FY2023. Cash covers 0.6 months.
990 Part I and balance sheetIn its favor
None found in the filings.
16funders
$12ka year, last 3 years
91%from its largest funder
Funder’17’18’19’20’21’22’23Enlight FoundationOn and off$500kYu and Wei FoundationOn and off$10k$13k$850B&J FoundationStopped after FY2020$2k$850–J & S Family FoundationOn and off$2kJames and Jessie Jia FoundationNew in FY2023$2kHsiaoliu Family FoundationOn and off$810Donor-advised giftsDonors not disclosed$10k$10k$10k$53k$22k$12k$234 other fundersUp to $800 a year each$800$600$842$200
FundedThrough a donor-advised fundStopped