Nonprofit · EIN 38-3468276
JONG SOO PARK & JUNG YOON PARK FOUNDATION
Tax-exempt · LOS ANGELES, CA 90024
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $417,963 | $51,700 | $366,263 | $1,191,298 | $0 | $1,191,298 |
| December 31, 2024 | 990-PF | $420,027 | $17,978 | $402,049 | $825,035 | $0 | $825,035 |
| December 31, 2023 | 990-PF | $104,538 | $163,707 | -$59,169 | $422,986 | $0 | $422,986 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $400,000
- Dividends
- $17,963
Expenses
- Grants and similar amounts paid
- $50,000
- Disbursements for charitable purposes
- $50,000
- Excise tax on investment income
- $250
Balance sheet and other
- Total assets, start of year
- $825,035
- Total assets, end of year
- $1,191,298
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,191,298
- Qualifying distributions
- $50,000
- Net investment income
- $17,963
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-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JONG SOO PARK 10956 STRATHMORE DR, LOS ANGELES, CA 90024 | PRESIDENT | 0.1 | $0 |
| JUNG YOON PARK 10956 STRATHMORE DR, LOS ANGELES, CA 90024 | SECRETARY | 0.1 | $0 |
| DAVID PARK 10956 STRATHMORE DR, LOS ANGELES, CA 90024 | VICE PRESIDE | 0.1 | $0 |
| ADELAIDE PARK 7 DOUGLAS CIR, RYE, NY 10580 | DIRECTOR | 0.1 | $0 |
| GRACE PARK 1465 BALBOA AVE, BURLINGAME, CA 94010 | DIRECTOR | 0.1 | $0 |
990-PF for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JONG SOO PARK 10956 STRATHMORE DR, LOS ANGELES, CA 90024 | PRESIDENT | 0.1 | $0 |
| JUNG YOON PARK 10956 STRATHMORE DR, LOS ANGELES, CA 90024 | SECRETARY | 0.1 | $0 |
| DAVID PARK 10956 STRATHMORE DR, LOS ANGELES, CA 90024 | VICE PRESIDE | 0.1 | $0 |
| ADELAIDE PARK 7 DOUGLAS CIR, RYE, NY 10580 | DIRECTOR | 0.1 | $0 |
| GRACE PARK 1465 BALBOA AVE, BURLINGAME, CA 94010 | DIRECTOR | 0.1 | $0 |
990-PF for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JONG SOO PARK 10956 STRATHMORE DR, LOS ANGELES, CA 90024 | PRESIDENT | 0.1 | $0 |
| JUNG YOON PARK 10956 STRATHMORE DR, LOS ANGELES, CA 90024 | SECRETARY | 0.1 | $0 |
| DAVID PARK 10956 STRATHMORE DR, LOS ANGELES, CA 90024 | VICE PRESIDE | 0.1 | $0 |
| ADELAIDE PARK 7 DOUGLAS CIR, RYE, NY 10580 | DIRECTOR | 0.1 | $0 |
| GRACE PARK 1465 BALBOA AVE, BURLINGAME, CA 94010 | DIRECTOR | 0.1 | $0 |
Address and contacts
- Address (IRS master file)
- 10956 STRATHMORE DR, LOS ANGELES, CA 90024-2434
- In care of
- % JONG SOO PARK
- Signed the 990-PF
- JUNG YOON PARK, SECRETARY
- Phone
- (310) 209-0216
- Return prepared by
- KWON AND ASSOCIATES
California records
California keeps its own records of charities and corporations. Search them by EIN 38-3468276 or by the name JONG SOO PARK & JUNG YOON PARK 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)
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. 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 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 38-3468276
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1999
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T21)
- Assets (IRS master file)
- $1,191,298
- Income (IRS master file)
- $417,963
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $417,963 | $51,700 | $1,191,298 | IRS |
| 990-PF | December 2024 | $420,027 | $17,978 | $825,035 | IRS |
| 990-PF | December 2023 | $104,538 | $163,707 | $422,986 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | 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 38-3468276).
Questions about JONG SOO PARK & JUNG YOON PARK FOUNDATION
- What is the EIN of JONG SOO PARK & JUNG YOON PARK FOUNDATION?
- The employer identification number (EIN) of JONG SOO PARK & JUNG YOON PARK FOUNDATION is 38-3468276.
- Is JONG SOO PARK & JUNG YOON PARK FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to JONG SOO PARK & JUNG YOON PARK FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does JONG SOO PARK & JUNG YOON PARK FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of JONG SOO PARK & JUNG YOON PARK FOUNDATION 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 JONG SOO PARK & JUNG YOON PARK FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of JONG SOO PARK & JUNG YOON PARK FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does JONG SOO PARK & JUNG YOON PARK FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $417,963, expenses of $51,700 and total assets of $1,191,298 at year end.
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