2025-11-14T18:13:40-06:00 2024-11-30 204851730 Entholpy EMC Inc 46520 Fremont Blvd Ste606 Fremont CA 94538 990PF 2023-12-01 472627091 Prospect Foundation Inc % Qin Yang PROS 6099333687 3211 Humboldt Street West Lafayette IN 47906 QIN YANG CEO 6099333687 2025-11-14 true false DANMING XU P00728294 4089962002 2025-11-14 2023 2025-03-06 01:10:19Z X 3401581 X 300000 6005 6005 17228 17228 75941 2854296 75941 56277 0 0 399174 99174 56277 0 0 54185 54185 874 874 0 17527 17527 72586 874 71712 69000 69000 141586 874 140712 257588 98300 56277 191223 2341136 2341136 203928 0 0 0 2448624 699105 1060445 0 0 0 0 0 0 0 2843775 3040241 3401581 186898 125776 0 0 186898 125776 X 2656877 2914465 2656877 2914465 2843775 3040241 2656877 257588 0 2914465 0 2914465 75941 56277 1366 0 1366 1366 0 X 21 1387 false false false false false false false false true true IN true false true false false true N/A Qin Yang 6099333687 3211 Humboldt Street West Lafayette IN 47906 false false false false true false false false false false false false false false false false false false false false false false false false false false false QIN YANG 3211 Humboldt Street West Lafayette IN 47906 CEO 2.000 0 CHENG DU 3211 Humboldt Street West Lafayette IN 47906 CFO 2.000 0 0 1067607 1741448 0 2809055 0 2809055 42136 2766919 138346 138346 1366 1366 136980 136980 136980 140712 0 140712 136980 83840 140712 83840 0 0 56872 80108 0 0 0 0 0 0 0 0 0 0 QIN YANG CHENG DU X Stuart Country Day School in New Jersey 1200 Stuart Rd PRINCETON NJ 08540 PC Educational 10000 Indiana University Foundation 107 S Indiana Ave Bloomington IN 47405 PC charitable 10000 New York Medical College 40 Sunshine Cottage Rd Valhalla NY 10595 PC Educational 5000 Emory University 201 Dowman Dr Atlanta Atlanta GA 30322 PC Educational 10000 Future Initiative 3211 Humboldt St WEST LAFAYETTE IN 47906 PC charitable 34000 69000 14 6005 14 17228 18 75941 99174 99174 false false false false false false false false false false X X 1 QIN YANG 3211 Humboldt Street West Lafayette IN 47906 50000 X 2 CHENG DU 3211 Humboldt Street West Lafayette IN 47906 250000 X stocks lt 2021-01 2024-11 11112024 985544 965880 19664 stocks st 2024-01 2024-11 11292024 1101150 1097478 3672 option 2024-01 2024-11 11112024 767602 714997 52605 stocks 699105 1060445 Office Expenses 13821 13821 Office Supply 3706 3706 Bank Fee 1 1 OutsideService Fee 49840 49840 State Filing 23 23 IN SOS 21 21 Tax Preparation Fee 4300 4300 Reasonable Cause Statement and Request for FirstTime Penalty Abatement We submitted Form 990PF on 10152025 however the return was rejected without any clear rejection notice or alert in the TaxAct systemTherefore we did not know the true filing status of this return until we want to submit other returns on 11122025 The Foundation has had no penalties in the past three years and has consistently filed and paid on time We respectfully request latefiling penalty relief based on reasonable cause and the IRS FirstTime Abatement policy QIN YANG 3211 Humboldt Street West Lafayette IN 47906 CHENG DU 3211 Humboldt Street West Lafayette IN 47906 tax 874 874