Dynamic Foundation is located in San Jose, CA. The organization was established in 2001. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dynamic Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Dynamic Foundation generated $658.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.9%) each year. All expenses for the organization totaled $784.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
DYNAMIC SENIOR CITIZEN PROGRAM - PROVIDE TRIPS,CONFERENCES, CLASSES AND CULTURAL EVENTS FOR PARTICIPANTS. PUBLICATION OF NEWSLETTERS.
ONE MEAL AT A TIME - PROVIDE MEALS, MEDICAL EXPENSES AND FINANCIAL ASSISTANCE FOR UNDERPRIVILEGED CHILDREN IN RURAL INDIA.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Theresa Pan CEO | 20 | $0 | |
Grace Pan Vice President | 24 | $59,077 | |
Lisa Yu CFO | 16 | $67,058 | |
Stephanie Lee Secretary | 24 | $59,077 | |
Kuo-Guang Wang Newsletter Editor | 40 | $98,461 | |
Stephen Yu Financial Analyst | 24 | $63,385 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $273,807 |
| Interest on Savings | $3 |
| Dividends & Interest | $370,116 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $14,931 |
| Capital Gain Net Income | $14,931 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $658,857 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $185,212 |
| Other employee salaries and wages | $303,747 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $89,807 |
| Depreciation | $6,659 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $37,952 |
| Printing and publications | $16,356 |
| Other expenses | $114,755 |
| Total operating and administrative expenses | $784,759 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $784,759 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $562,610 |
| Net Accounts receivable | $16,109 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $20,077 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $10,550,754 |
| Net Land, buildings, and equipment | $75,610 |
| Other assets | $14,281 |
| Total assets | $14,006,093 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |