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Nonprofiteer
← SHARON ZHONG FOUNDATION INC

Form 990 for tax year 2024

Filed by SHARON ZHONG FOUNDATION INC.

Totals

Total revenue
$300,000
Total expenses
$460,013
Contributions and grants received
$300,000
Grants paid
$460,000
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$24,986
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$24,986
Program services expenses (Part IX)
$460,013
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$460,013

Program services were 100.0% 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.

  • 1f · All other contributions, gifts and grants

    $300,000

  • 8c · Net income from fundraising events

    total $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $460,000 · program services $460,000

  • 13 · Office expenses

    total $13 · program services $13

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $184,999 · end of year $24,986

  • 27 · Net assets without donor restrictions

    beginning of year $184,999 · end of year $24,986

Mission and programs · 2024

Mission

See Schedule O

  • Help outstanding and poor students to to college; Help fight lymphoma cancer.

    Expenses $460,013 · Revenue $300,000

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Haimo Zhong

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0 + 5 related

  • Miao Wu

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    0

  • Jack Zhong

    TREASURER

    Total calculated
    $0
    Hours/week
    0

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

Provenance

Return type
form_990
Tax year
2024
Filed
18 April 2026
IRS schema version
2024v5.2
Source object
202612369349300886

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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