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Nonprofit · EIN 11-3599440

LISMA FOUNDATION INC

Tax-exempt · ALBERTSON, NY 11507

Financials

$500K$10K2023$700K$611K2024
Revenue Expenses · by fiscal year end
Financials of LISMA FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$700,000$611,321$88,679$579,197$0$579,197
December 31, 2023990$500,000$10,187$489,813$501,165$10,647$490,518
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$700,000
of which government grants
$700,000
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$220,682
Salaries, compensation and benefits (total)
$231,763
Professional fundraising fees
$0
Accounting fees
$4,600
Occupancy
$56,500
Program services (functional)
$119,873
Management and general (functional)
$491,448

Balance sheet and other

Total assets, start of year
$501,165
Total assets, end of year
$579,197
Total liabilities, end of year
$0
Net assets, end of year
$579,197
Gross receipts
$700,000
Employees
4

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
MINSUN KIMPRESIDENT
Officer
20$100,000
990 for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
MINSUN KIMPRESIDENT
Officer
20$0

Address and contacts

Address (IRS master file)
1125 WILLIS AVE, ALBERTSON, NY 11507-1231
In care of
% MINSUN KIM
Mailing address (990-N for 2023)
1125 WILLIS AVE, ALBERTSON NY 115071231
Principal officer (990 for 2024)
MINSUN KIM, 1125 WILLIS AVE, ALBERTSON, NY 11507
Principal officer (990-N for 2023)
Minsun Kim, 1125 Willis Avenue, Albertson NY 11507
Signed the 990
MINSUN KIM, PRESIDENT
Phone
(516) 521-4020
Return prepared by
DAVID SHIN CPA PC

Mission

AS A NONPROFIT ORGANIZATION, WE ARE DEDICATED TO REVOLUTIONIZING SENIOR CARE ACROSS THE UNITED STATES THROUGH THE INTEGRATION OF ADVANCED TECHNOLOGY. OUR MISSION IS TO ENHANCE THE QUALITY OF LIFE FOR OLDER ADULTS BY ADDRESSING ISSUES OF LONELINESS, SOCIAL ISOLATION, AND MENTAL WELL- BEING. BY LEVERAGING INNOVATIONS IN ARTIFICIAL INTELLIGENCE (AI) AND MACHINE LEARNING (ML), WE PROVIDE EMOTIONALLY SUPPORTIVE AND EFFECTIVE CARE SERVICES THAT FOSTER COMMUNICATION AND COMPANIONSHIP.

990 for the year ended December 31, 2024

Program accomplishments

  • AS A NONPROFIT ORGANIZATION, WE ARE DEDICATED TO REVOLUTIONIZING SENIOR CARE ACROSS THE UNITED STATES THROUGH THE INTEGRATION OF ADVANCED TECHNOLOGY. OUR MISSION IS TO ENHANCE THE QUALITY OF LIFE FOR OLDER ADULTS BY ADDRESSING ISSUES OF LONELINESS, SOCIAL ISOLATION, AND MENTAL WELL- BEING. BY LEVERAGING INNOVATIONS IN ARTIFICIAL INTELLIGENCE (AI) AND MACHINE LEARNING (ML), WE PROVIDE EMOTIONALLY SUPPORTIVE AND EFFECTIVE CARE SERVICES THAT FOSTER COMMUNICATION AND COMPANIONSHIP.
  • Expenses $119,873

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990-N on file

IRS record

EIN
11-3599440
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2002
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$579,197
Income (IRS master file)
$700,000

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$700,000$611,321$579,197XML
990-N for 2023
Officer: Minsun Kim
December 31, 2023≤ $50,000 receipts––e-Postcard
990December 2023$500,000$10,187$501,165XML
990-N for 2022
Officer: Minsun Kim
December 31, 2022≤ $50,000 receipts––e-Postcard
990-N for 2021
Officer: Minsun Kim
December 31, 2021≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: Arnie Lee
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: Arnie Lee
December 31, 2019≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 11-3599440).

Questions about LISMA FOUNDATION INC

What is the EIN of LISMA FOUNDATION INC?
The employer identification number (EIN) of LISMA FOUNDATION INC is 11-3599440.
Is LISMA FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to LISMA FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LISMA FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LISMA FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LISMA FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of LISMA FOUNDATION INC?
The 990 for the year ended December 31, 2024 names MINSUN KIM.
Who are the officers and directors of LISMA FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 1 person; 1 received compensation from the organization, the highest $100,000 (MINSUN KIM, PRESIDENT).
How much revenue does LISMA FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $700,000, expenses of $611,321 and total assets of $579,197 at year end.

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