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Nonprofit · EIN 33-0768443

FIAT FOUNDATION INC

Tax-exempt · VERNON, CA 90058

Financials

$17K$101K2024−$304$105K2025
Revenue Expenses · by fiscal year end
Financials of FIAT FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-$304$104,871-$105,175$512,894$1,851$511,043
December 31, 2024990$16,822$101,327-$84,505$454,573$1,350$453,223
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$5,000
Program service revenue
$0
Investment income
-$5,304
Net gain from sales of assets
-$10,003
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$60,000
Salaries, compensation and benefits (total)
$66,775
Professional fundraising fees
$0
Accounting fees
$2,580
Occupancy
$19,636
Management and general (functional)
$104,871

Balance sheet and other

Total assets, start of year
$454,573
Total assets, end of year
$512,894
Total liabilities, end of year
$1,851
Net assets, end of year
$511,043
Net assets without donor restrictions
$511,043
Gross receipts
$438,349
Employees
1
Year formed
1997
State of legal domicile
CA

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
ALEX KIMDIRECTOR
Trustee or director, Officer
30$60,000
990 for the year ended December 31, 2024: 1 people
NameTitleHours / weekCompensation
ALEX KIMDIRECTOR
Trustee or director, Officer
30$60,000

Address and contacts

Address (IRS master file)
1840 E 46TH ST, VERNON, CA 90058-1948
In care of
% PETER WEE
Mailing address (990-N for 2023)
1840 E 46th Street, Los Angeles CA 90058
Principal officer (990 for 2025)
ALEX KIM, 1840 E 46TH ST, LOS ANGELES, CA 90058
Principal officer (990-N for 2023)
Alex Kim, 1155 S Grand Ave Suite 1202, Los Angeles CA 90015
Signed the 990
ALEX KIM, DIRECTOR
Phone
(714) 315-8336
Website
FIAT.ORG
Return prepared by
CORE PRO ADVISOR

California records

California keeps its own records of charities and corporations. Search them by EIN 33-0768443 or by the name FIAT FOUNDATION INC.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

TO DEVELOP LEADERSHIP AND SPIRIT OF SERVICE IN YOUTH AND YOUNG ADULTS

990 for the year ended December 31, 2025

Program accomplishments

  • THE ORGANIZATION PROVIDED LEADERSHIP TRANINING AND NETWORKING, AND SCHOLARSHIPS AND MINISTRY OPPORTUNITIES.

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990-N on file

IRS record

EIN
33-0768443
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
1998
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$512,894
Income (IRS master file)
$438,349

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025-$304$104,871$512,894XML
990December 2024$16,822$101,327$454,573IRS
990-N for 2023
Officer: Alex Kim
December 31, 2023≤ $50,000 receipts––e-Postcard
990December 2022$29,995$100,359$491,382IRS
990December 2021–––IRS
990-N for 2020
Officer: Alex Kim
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: Alex Kim
December 31, 2019≤ $50,000 receipts––e-Postcard
990December 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 33-0768443).

Questions about FIAT FOUNDATION INC

What is the EIN of FIAT FOUNDATION INC?
The employer identification number (EIN) of FIAT FOUNDATION INC is 33-0768443.
Is FIAT FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to FIAT FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FIAT 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 FIAT FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FIAT FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of FIAT FOUNDATION INC?
The 990 for the year ended December 31, 2025 names ALEX KIM.
Who are the officers and directors of FIAT FOUNDATION INC?
The 990 for the year ended December 31, 2025 lists 1 person; 1 received compensation from the organization, the highest $60,000 (ALEX KIM, DIRECTOR).
How much revenue does FIAT FOUNDATION INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of -$304, expenses of $104,871 and total assets of $512,894 at year end.

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