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 |