Nonprofit · EIN 45-2678881
TURBO CHARITABLE FOUNDATION
Tax-exempt · ROLLING HILLS, CA 90274
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $448,940 | $182,321 | $266,619 | $2,482,688 | $0 | $2,482,688 |
| December 31, 2024 | 990 | $390,619 | $137,385 | $253,234 | $2,021,535 | $0 | $2,021,535 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $362,000
- Program service revenue
- $0
- Investment income
- $86,940
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $154,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $154,000
- Management and general (functional)
- $28,321
Balance sheet and other
- Total assets, start of year
- $2,021,535
- Total assets, end of year
- $2,482,688
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,482,688
- Publicly traded securities
- $440,873
- Net assets without donor restrictions
- $2,482,688
- Gross receipts
- $448,940
- Employees
- 0
- Year formed
- 2011
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOON HO CHOI | DIRECTOR Trustee or director | – | $0 |
| BRIAN S KIM | TREASURER AN Trustee or director, Officer | – | $0 |
| SHINYONG KIM | SECRETARY AN Trustee or director, Officer | – | $0 |
| YOUNG S KIM | PRESIDENT AN Trustee or director, Officer | – | $0 |
| KI JUNE KWON | DIRECTOR Trustee or director | – | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOON HO CHOI | DIRECTOR Trustee or director | – | $0 |
| BRIAN S KIM | TREASURER AN Trustee or director, Officer | – | $0 |
| SHINYONG KIM | SECRETARY AN Trustee or director, Officer | – | $0 |
| YOUNG S KIM | PRESIDENT AN Trustee or director, Officer | – | $0 |
| KI JUNE KWON | DIRECTOR Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 12 UPPER BLACKWATER CYN RD, ROLLING HILLS, CA 90274-5077
- In care of
- % YOUNG S KIM
- Mailing address (990-N for 2012)
- 7004 Calle Del Pajarito, Rancho Palos Verdes CA 90275
- Principal officer (990 for 2025)
- YOUNG S KIM, 12 UPPER BLACKWATER CANYON RD, ROLLING HILLS, CA 90274
- Principal officer (990-N for 2012)
- Young S Kim, 7004 Calle Del Pajarito, Rancho Palos Verdes CA 90275
- Signed the 990
- YOUNG S KIM, PRESIDENT AND DIRECT
- Phone
- (310) 541-7652
- Return prepared by
- KIM & LEE LLP
Mission
TO PROVIDE FINANCIAL AID TO CHILDREN WHO ARE EXPERIENCING ECONOMIC CHALLENGES DURING THEIR ACADEMIC DEVELOPMENT. TO SUPPORT NEW GENERATION AND TO CONTRIBUTE TO THE SOCIETY AND DEVELOPMENT OF LEADERSHIP
Program accomplishments
- RELIEF FOR NEEDY FAMILIES IN COMMUNITYExpenses $104,000 · grants $104,000
- SCHOLARSHIP AWARD TO 25 STUDENTSExpenses $50,000 · grants $50,000
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 | 990 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
- 45-2678881
- 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
- 2011
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $2,482,688
- Income (IRS master file)
- $448,940
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | – | – | – | IRS |
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $408,327 | $160,309 | $1,768,301 | IRS |
| 990 | December 2022 | $275,922 | $107,679 | $1,520,283 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
| 990-N for 2012 Officer: Young S Kim | December 31, 2012 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about TURBO CHARITABLE FOUNDATION
- What is the EIN of TURBO CHARITABLE FOUNDATION?
- The employer identification number (EIN) of TURBO CHARITABLE FOUNDATION is 45-2678881.
- Is TURBO CHARITABLE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to TURBO CHARITABLE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TURBO CHARITABLE 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 TURBO CHARITABLE 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 TURBO CHARITABLE FOUNDATION 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 TURBO CHARITABLE FOUNDATION?
- The 990 for the year ended December 31, 2025 names YOUNG S KIM.
- Who are the officers and directors of TURBO CHARITABLE FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does TURBO CHARITABLE FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $448,940, expenses of $182,321 and total assets of $2,482,688 at year end.
Other nonprofits in ROLLING HILLS
- YAMBI RWANDA EIN 46-5770326 · last filed 990-EZ for 2024
- THE HEART OF A CHILD FOUNDATION EIN 95-4608930 · last filed 990 for 2026
- A C GREEN YOUTH FOUNDATION EIN 95-4288507 · last filed 990 for 2025
- LOS CABALLEROS EIN 95-6102226 · last filed 990 for 2025
- HAMMANA CLUB OF SOUTHERN CALIFORNIA EIN 20-0124482 · last filed 990-N for 2025
- EMPLOYMENT RESOURCES EIN 38-4367343 · last filed 990-N for 2025
- AUSTRALIAN CATTLE DOG CLUB OF GREATER LOS ANGELES INC EIN 22-3857708 · last filed 990-N for 2025
- CABALLEROS DEL RANCHO PALOS VERDES EIN 33-0071106 · last filed 990-N for 2025