Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 46-3096770

PRASSION INC

Tax-exempt · FAIRFAX, VA 22030

Financials

$78K$349K2023
Revenue Expenses · by fiscal year end
Financials of PRASSION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990$77,634$348,711-$271,077$368,425$0$368,425
Financial details: 990 for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$70,004
of which government grants
$70,004
Program service revenue
$0
Investment income
$7,630
Other revenue
$0

Expenses

Grants and similar amounts paid
$293,500
Other salaries and wages
$8,500
Salaries, compensation and benefits (total)
$8,500
Professional fundraising fees
$0
Legal fees
$6,252
Accounting fees
$400
Occupancy
$33,768
Program services (functional)
$338,642
Management and general (functional)
$10,069

Balance sheet and other

Total assets, start of year
$641,024
Total assets, end of year
$368,425
Total liabilities, end of year
$0
Net assets, end of year
$368,425
Net assets without donor restrictions
$368,425
Gross receipts
$77,634
Employees
0
Year formed
2013
State of legal domicile
VA

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, 2023, highest compensation first.

NameTitleHours / weekCompensation
DANIEL SHINJONG BAEQPRESIDENT
Trustee or director
1$0
STANFORD H CHOIDIRECTOR
Trustee or director
1$0
TAE JEONGSECRETARY
Trustee or director
1$0
HO CHIN LEEVICE PRESIDE
Trustee or director
1$0
SANG K PARKDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
10509 JUDICIAL DR STE 301, FAIRFAX, VA 22030-5117
Mailing address (990-N for 2014)
PO BOX 468, CENTREVILLE VA 20122
Principal officer (990 for 2023)
DANIEL SHINJONG BAEQ, 10509 JUDICIAL DR STE 302, FAIRFAX, VA 22030
Principal officer (990-N for 2014)
KYOUNG JO, PO BOX 468, CENTREVILLE VA 20122
Signed the 990
DANIEL SHINJONG BAEQ, PRESIDENT
Phone
(703) 505-1775
Return prepared by
WOON KIM & ASSOCIATES PC

Mission

TO SPREAD THE GOSPEL TO THE WORLD BY PLANTING AND SERVING CHURCHES TO SAVE LIVES AND TO RESTORE FAMILIES BY PROVIDING MEDICAL ASSITANCE TO TRAIN FUTURE LEADERS OF COMMUNITIES BY ESTABLISHING EDUCATION PROGRAMS

990 for the year ended December 31, 2023

Program accomplishments

  • MISSIONARY SUPPORT AND INAUGURAL WORSHIP SERVICE
    Expenses $2,874
  • MISSIONARY SUPPORT AND INAUGURAL WORSHIP SERVICE
    Expenses $335,768 · grants $293,500

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, 2025Not on file
2023December 31, 2023May 15, 2024990 on file

File the 2025 990-EZ for PRASSION INC

Due May 15, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
46-3096770
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
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Unknown (Z99)
Assets (IRS master file)
$368,425
Income (IRS master file)
$77,634

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2023$77,634$348,711$368,425XML
990December 2022$59,701$51,520$641,024IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990-N for 2014
Officer: KYOUNG JO
December 31, 2014≤ $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 46-3096770).

Questions about PRASSION INC

What is the EIN of PRASSION INC?
The employer identification number (EIN) of PRASSION INC is 46-3096770.
Is PRASSION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to PRASSION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PRASSION 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 PRASSION 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 PRASSION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2023.
Who is the principal officer of PRASSION INC?
The 990 for the year ended December 31, 2023 names DANIEL SHINJONG BAEQ.
Who are the officers and directors of PRASSION INC?
The 990 for the year ended December 31, 2023 lists 5 people; 0 received compensation from the organization.
How much revenue does PRASSION INC have?
On its 990 for the year ended December 31, 2023 it reported revenue of $77,634, expenses of $348,711 and total assets of $368,425 at year end.

Other nonprofits in FAIRFAX

All nonprofits in FAIRFAX · Virginia · Unknown