Joe & Emmy Liu Foundation
- Assets
- $5.3m
- Revenue
- $151.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Fremont, CA
- Founding
- Data as of
- 11/2023
- EIN
- 84-4011555
Organization Overview
Joe & Emmy Liu Foundation is located in Fremont, CA. According to its NTEE Classification (G11) the organization is classified as: Single Organization Support, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Joe & Emmy Liu 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 11/2023, Joe & Emmy Liu Foundation generated $151.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (64.7%) each year. All expenses for the organization totaled $480.3k during the year ending 11/2023. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
MOBILE APP & RELATED -RESEARCH AND DEVELOP THE LIVELYHEALTH.ORG APP WITH INNOVATIVE TECHNOLOGIES FOR FOUNDATION'S MISSION. PROMOTE THE APP WITH ONLINE PLATFORM, PARTNERSHIPS, AND OTHER ADVOCACY APPROACHES.
HEALTH SEMINARS -PLANNING AND IMPLEMENTATION OF IN-PERSON OR VIRTUAL SEMINARS FOR FOUNDATION'S MISSION IN US AND OVERSEAS. PROMOTIONAL ACTIVITIES IN RELATION TO FOUNDATION'S MISSION, SUCH AS STRATEGIC PARTNERSHIPS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Y Liu Ceo/director | 30 | $0 | |
Emmy Liu Secretary/treasurer/director | 10 | $0 | |
Ray Kuo Program Manager | 43.33 | $100,000 | |
Yunhai Sun Event And Partnershi | 43.33 | $75,000 | |
Qi Zhou Accountant | 43.33 | $70,000 | |
Max Itow Digital Marketing As | 43.33 | $65,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,300 |
| Interest on Savings | $0 |
| Dividends & Interest | $37,165 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $109,872 |
| Capital Gain Net Income | $567,726 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $151,337 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $321,438 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $36,993 |
| Depreciation | $10,385 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $51,449 |
| Total operating and administrative expenses | $471,196 |
| Contributions, gifts, grants paid | $9,101 |
| Total expenses and disbursements | $480,297 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $532,440 |
| Savings and temporary cash investments | $4,764,756 |
| Net Accounts receivable | $0 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $2,147 |
| Other assets | $0 |
| Total assets | $5,299,343 |
| Accounts payable and accrued expenses | $583 |
| 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 | $7,486 |
| Total liabilities | $8,069 |
Grants Awarded
Over the last fiscal year, Joe & Emmy Liu Foundation has awarded $14,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
FRIENDS OF CHILDREN WITH SPECIAL NEEDS PURPOSE: TO SUPPORT CHILDREN WITH SPECIAL NEEDS | $4,000 |
DISASTER RELIEF FOR HURRICANE IAN - PURPOSE: DISAFTER RELIEF TO AID THE RECEIPIENT AND THE RECIPIENT'S FAMILY FROM HURRICANE IAN. | $10,000 |