2024-08-07T09:45:20-07:00 2024-06-30 461604630 CHEN AND YEH ACCOUNTANCY CORPORATION 14451 CHAMBERS ROAD SUITE 100 TUSTIN CA 92780 990EZ 2023-07-01 814028514 PACIFIC ACADEMY FOUNDATION PACI 9493985288 4947 ALTON PKWY IRVINE CA 92604 KELLY CHU President 2024-08-07 true true KEVIN YEH P00861590 7148325688 2023 2024-08-08 14:25:15Z X https://www.pacificacademyfoundation.org/ X X 193306 X 193306 0 0 0 0 193306 15000 3444 168255 186699 6607 183775 190382 X 174849 184566 8926 5816 183775 190382 183775 190382 The Pacific Academy Foundation is a non-profit organization established in 2016 to help committed and talented students develop their abilities and adademic skills. The foundation provides youths, not limited to Pacific Academy students, with unique opportunities to hone their talents in performing arts and sports (such as competitions, performances, and master classes) and college preparation resources, while addressing their financial needs. The foundation's goal is talent search and development for underserved youths from the page of 6 to 20. During the pandemic, the Foundation revised the age requirement on financial support to no age limit. Pacific Academy Foundation ("PAFO")focuses on supporting and promoting talented youth in the arts, athletics, and academics. The scholarship is to award financial assistance to talented students. The foundation gave $10000 to Jessi Li and $5000 to Elvin Schlanger to recognition of their outstanding music achievement during this fiscal year. Total Revenue associated with this area is $90931. 90931 15000 The Foundation organized Pacific Academy Foundation Orchestra in the summer of 2018. This Orchestra is to provide opportunities for talented young musicians to perform advanced music and reach their highest levels. There were about twenty five students in the orchestra. They conducted one major benefit concert and several free concerts to public. Through the weekly practice and meeting, the students have the opportunity to: * Be coached and conducted by renowned Maestro Jorge Luis Uzctegui * Attend masterclasses led by professional artists * Participate in music competitions and music festivals * Perform in a variety of concert venues * Be eligible for Pacific Academy Foundation leadership opportunities The total revenue associated with this service was $102375.28 and related expenses were $146818.28. 146818 161818 KELLY CHU President 15.00 0 HAN-CHANG CHI Vice President 10.00 0 ILENIA CHEN Secretary 8.00 0 UMI GARRETT Director 0 0 TERESA TSENG Director 0 0 TIM CHENG Director 0 0 CHING LIU Director 0 0 ALLISON TO Director 0 0 false false false false false false false 0 0 0 false 0 0 false KELLY CHU 4947 ALTON PKWY IRVINE CA 92604 9493985288 false false false false false false false false false false false NONE NONE true X 113300 88327 63200 23490 90931 379248 16615 42687 56008 102375 217685 0 0 0 129915 88327 105887 79498 193306 596933 45240 57000 1470 100 103810 0 45240 57000 1470 100 103810 493123 0 0 0 0 129915 88327 105887 79498 193306 596933 0.82610 0.73770 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Grants and Similar Amounts Paid In Excess of $5,000.3 | Donee's Name: Jessie Li | Donee's Address: 4947 ALTON PKWY IRVINE CA 92604 | Cash Amount Given: $10000 Other Expenses.1001 Advertising and Promotion $8680 Other Expenses.1002 Office Expenses $40 Other Expenses.1007 Conferences, Conventions, and Meetings $146818 Other Expenses.1009 Depreciation $3110 Other Expenses.1012 Insurance $638 Other Expenses.1 RENT $6528 Other Expenses.2 SUPPLIES $1989 Other Expenses.3 BANK CHARGE $252 Other Expenses.4 LICENSE AND PERMIT $200 Other Assets.1002 Furniture and Fixtures - Beginning $2478 Furniture and Fixtures - Ending $1186 Other Assets.1003 Machinery and Equipment - Beginning $6448 Machinery and Equipment - Ending $4630