Education
(B29)
IRS Verified
DX Registered
990 on File
YU MING CHARTER SCHOOL
Financial strength (30%)
86/100
Reliability (20%)
50/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Yu Ming Charter school provides a challenging and comprehensive education for K- grade students, preparing them to be inquisitive and analytic lifelong learners in the 21st century world. Our mission is to: * To provide an academically rigorous college preparatory program * To graduate students with bilingual and biliterate skills in Mandarin Chinese * To nurture intellectual curiosity, international perspective, and diligence in attaining personal goals * To develop young people with compassion, sound moral character, and a sense of responsibility for the community and the environment
Financial Overview — FY 2023
$14.3M
Total Revenue
$12.4M
Total Expenses
$5.5M
Net Assets
167
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
83.3%
Fundraising Efficiency
N/A
Operating Reserve
5.28x
Liability-to-Asset
45.7%
Revenue Diversification
97.4%
Executive Compensation
$209K
Compared with Peers
FY 2023
Compared with 3,578 similar organizations
(United States, Education, $10M–$100M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
83.3% | 84.4% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
16.7% | 13.5% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.7% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
5.3 mo | 10.9 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
45.7% | 34.2% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
97.4% | 87.3% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
38.5% | 4.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
29.0% | 8.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
13.0% | 2.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $14.3M | $12.4M | $5.5M | 83.3% | 167 |
| 2022 | $10.3M | $9.6M | $3.6M | 80.9% | 128 |
| 2021 | $7.7M | $7.2M | N/A | — | 112 |
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