Totals
- Total revenue
- $311,766
- Total expenses
- $183,366
- Contributions and grants received
- $266,828
- Grants paid
- $157,000
- Program service revenue
- $0
- Investment income
- $69,053
- Other revenue
- -$24,115
- Total assets, end of year
- $2,602,395
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $2,602,395
- Program services expenses (Part IX)
- $157,000
- Management and general expenses
- $26,366
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $157,000
Program services were 85.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$25,000
-
1f · All other contributions, gifts and grants
$241,828
-
1g · Noncash contributions included above
$72,996
-
3 · Investment income
total $69,053 · related or exempt $69,053
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: contributions included on line 1c
$25,000
-
8b · Fundraising events: direct expenses
$24,115
-
8c · Net income from fundraising events
total -$24,115
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $157,000 · program services $157,000
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $6,000 · management and general $6,000
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $10,756 · management and general $10,756
-
11g · Fees: other
total $8,312 · management and general $8,312
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $342 · management and general $342
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $627 · management and general $627
-
24a · Other expenses: BANK CHARGES
total $209 · management and general $209
-
24b · Other expenses: TAX AND LICENSE
total $120 · management and general $120
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $0
-
2 · Savings and temporary cash investments
beginning of year $56,396 · end of year $53,703
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
beginning of year $2,286,504 · end of year $2,548,692
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $2,342,900 · end of year $2,602,395
Mission and programs · 2023
Mission
THE ORGANIZATION SUPPORTS EDUCATIONAL PROGRAMS FOR DISADVANTAGED STUDENTS TO BE RESPONSIBLE AND SUCCESSFUL MEMBERS OF THE SOCIETY WITH PASSION AND LOVE.
-
TO PROVIDE FINANCIAL SUPPORT TO DISADVANTAGED STUDENTS.
Expenses $157,000 · Grants $157,000 · Revenue $69,053
As filed on the 2023 return.
Listed in Part VII
-
Paul ZeePAUL ZEE
President
- Total calculated
- $0
- Hours/week
- 3
-
Evans LamEVANS LAM
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Leo ChuLEO CHU
Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Aaron YoungAARON YOUNG
Director
- Total calculated
- $0
- Hours/week
- 1
-
William ChowWILLIAM CHOW
Director
- Total calculated
- $0
- Hours/week
- 1
-
Alexandra YeungALEXANDRA YEUNG
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Ken LeungKEN LEUNG
Secretary/V.P.
- Total calculated
- $0
- Hours/week
- 1
-
Larry WongLARRY WONG
Vice Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Gigi KongGIGI KONG
Vice President
- Total calculated
- $0
- Hours/week
- 2
-
Carl MoyCARL MOY
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Fanny ChanFANNY CHAN
Vice President
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 6 May 2024
- IRS schema version
- 2023v5.0
- Source object
- 202441279349301444
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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