Nonprofit · EIN 46-4760167
MERIT UNIVERSITY
Tax-exempt · LOS ANGELES, CA 90010
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $142,531 | $82,337 | $60,194 | $459,895 | $7,268 | $452,627 |
| December 31, 2023 | 990 | $307,449 | $290,907 | $16,542 | $437,920 | $7,508 | $430,412 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $120,000
- Program service revenue
- $17,450
- Investment income
- $5,081
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $22,500
- Salaries, compensation and benefits (total)
- $24,267
- Professional fundraising fees
- $0
- Occupancy
- $17,331
- Program services (functional)
- $56,956
- Management and general (functional)
- $25,381
Balance sheet and other
- Total assets, start of year
- $403,140
- Total assets, end of year
- $459,895
- Total liabilities, end of year
- $7,268
- Net assets, end of year
- $452,627
- Land, buildings and equipment
- $3,985
- Net assets without donor restrictions
- $452,627
- Gross receipts
- $142,531
- Employees
- 7
- 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 |
|---|---|---|---|
| JAE DUK KIM JAE DUK KIM | PRESIDENT Officer | – | $0 |
990 for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAE DUK KIM JAE DUK KIM | PRESIDENT Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 3699 WILSHIRE BLVD STE 970, LOS ANGELES, CA 90010-2772
- In care of
- % YOON HWANG
- Principal officer (990 for 2025)
- JAE DUK KIM JAE DUK KIM, 3699 WILSHIRE BLVD SUITE 970, LOS ANGELES, CA 90010
- Signed the 990
- JAE DUK KIM, PRESIDENT
- Phone
- (213) 325-2760
- Return prepared by
- HYJ CPA
California records
California keeps its own records of charities and corporations. Search them by EIN 46-4760167 or by the name MERIT UNIVERSITY.
- 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
PROVIDING DIVERSE GROUPS OF FOREIGN AND DOMESTIC STUDENTS WITH AN AFFORDABLE HIGHER-EDUCATION EXPERIENCE OF PRIVATE POSTSECONDARY EDUCATION.
Program accomplishments
- MASTER DEGREE PROGRAMSExpenses $19,153
- SUPPORTING OF DEGREE PROGRAMSExpenses $37,803
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 | Check at the IRS |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 46-4760167
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2025
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B41)
- Assets (IRS master file)
- $459,895
- Income (IRS master file)
- $142,531
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $142,531 | $82,337 | $459,895 | XML |
| 990 | December 2023 | $307,449 | $290,907 | $437,920 | XML |
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 46-4760167).
Questions about MERIT UNIVERSITY
- What is the EIN of MERIT UNIVERSITY?
- The employer identification number (EIN) of MERIT UNIVERSITY is 46-4760167.
- Is MERIT UNIVERSITY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
- Are donations to MERIT UNIVERSITY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MERIT UNIVERSITY 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 MERIT UNIVERSITY 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 MERIT UNIVERSITY 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 MERIT UNIVERSITY?
- The 990 for the year ended December 31, 2025 names JAE DUK KIM JAE DUK KIM.
- Who are the officers and directors of MERIT UNIVERSITY?
- The 990 for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
- How much revenue does MERIT UNIVERSITY have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $142,531, expenses of $82,337 and total assets of $459,895 at year end.
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