Philanthropy & Grantmaking
(T22)
990 on File
GERRI AND RICH WONG FAMILY FOUNDATION
Financial strength (30%)
71/100
Reliability (20%)
45/100
Effectiveness (25%)
51/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$7.1M
Total Revenue
$4.2M
Total Expenses
$11.0M
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
97.1%
Fundraising Efficiency
N/A
Operating Reserve
31.53x
Liability-to-Asset
0.0%
Revenue Diversification
99.6%
Executive Compensation
$0
Compared with Peers
FY 2024
Compared with 5,337 similar organizations
(United States, Philanthropy & Grantmaking, $1M–$10M in expenses), FY 2024.
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
|
97.1% | 90.9% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
31.5 mo | 80.9 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
99.6% | 89.7% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
209.6% | 21.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
149.2% | 9.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
41.0% | 2.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $7.1M | $4.2M | $11.0M | 97.1% | — |
| 2023 | $2.3M | $1.7M | $7.4M | 95.2% | — |
| 2022 | $3.5M | $834K | $6.8M | 96.7% | — |
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