Nonprofit · EIN 30-0032112
GIFT OF VISION FOUNDATION
Tax-exempt · LAKE FOREST, CA 92630
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $212,429 | $39,858 | $172,571 | $1,216,094 | $3,815 | $1,212,279 |
| December 31, 2023 | 990 | $99,488 | $53,935 | $45,553 | $1,039,409 | $1,265 | $1,038,144 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $154,530
- Program service revenue
- $0
- Investment income
- $57,899
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,600
- Occupancy
- $260
- Travel
- $1,242
- Depreciation
- $1,875
- Program services (functional)
- $34,315
- Management and general (functional)
- $5,543
Balance sheet and other
- Total assets, start of year
- $1,039,409
- Total assets, end of year
- $1,216,094
- Total liabilities, end of year
- $3,815
- Net assets, end of year
- $1,212,279
- Land, buildings and equipment
- $5,112
- Net assets without donor restrictions
- $1,212,279
- Gross receipts
- $212,429
- Employees
- 0
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HANSUNG YOU | C.E.O. Officer | 20 | $0 |
| TIMOTHY T YOU | CFO Officer | 5 | $0 |
| KEVIN YUHAN | SECRETARY Officer | 1 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HANSUNG YOU | C.E.O. Officer | 20 | $0 |
| TIMOTHY T YOU | CFO Officer | 5 | $0 |
| KEVIN YUHAN | SECRETARY Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 22451 SILVER SPUR, LAKE FOREST, CA 92630-4342
- In care of
- % REV HANSUNG YOU
- Principal officer (990 for 2024)
- HANSUNG YOU, 22451 SILVER SPUR, LAKE FOREST, CA 92630
- Signed the 990
- HANSUNG YOU, C.E.O.
- Phone
- (714) 710-6263
- Return prepared by
- JAMES Y LEE & CO AC
California records
California keeps its own records of charities and corporations. Search them by EIN 30-0032112 or by the name GIFT OF VISION FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
TO SPREAD GOSPEL THROUGH MEDICAL ASSISTANCE AND COMMUNITY OUTREACH
Program accomplishments
- HEALTHCARE SERVICES, MEDICAL EQUIPMENTS AND SUPPLIES SUPPORTS WERE PROVIDED TO IMPOVERISHED INDIGENOUS INDIAN GROUPS IN GUATEMALA.Expenses $25,432
- MISSIONARY SUPPORTExpenses $8,883
- COMMUNITY OUTREACH & SENIOR MISSION
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 30-0032112
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2002
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Voluntary health associations and medical disciplines (G41)
- Assets (IRS master file)
- $1,216,094
- Income (IRS master file)
- $212,429
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $212,429 | $39,858 | $1,216,094 | IRS |
| 990 | December 2023 | $99,488 | $53,935 | $1,039,409 | XML |
| 990 | December 2022 | $192,355 | $47,122 | $993,048 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
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 30-0032112).
Questions about GIFT OF VISION FOUNDATION
- What is the EIN of GIFT OF VISION FOUNDATION?
- The employer identification number (EIN) of GIFT OF VISION FOUNDATION is 30-0032112.
- Is GIFT OF VISION FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to GIFT OF VISION FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GIFT OF VISION FOUNDATION 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 GIFT OF VISION FOUNDATION 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 GIFT OF VISION FOUNDATION 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 GIFT OF VISION FOUNDATION?
- The 990 for the year ended December 31, 2024 names HANSUNG YOU.
- Who are the officers and directors of GIFT OF VISION FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does GIFT OF VISION FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $212,429, expenses of $39,858 and total assets of $1,216,094 at year end.
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All nonprofits in LAKE FOREST · California · Voluntary health associations and medical disciplines