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Nonprofit · EIN 46-4760167

MERIT UNIVERSITY

Tax-exempt · LOS ANGELES, CA 90010

Financials

$307K$291K2023$143K$82K2025
Revenue Expenses · by fiscal year end
Financials of MERIT UNIVERSITY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$142,531$82,337$60,194$459,895$7,268$452,627
December 31, 2023990$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.

NameTitleHours / weekCompensation
JAE DUK KIM JAE DUK KIMPRESIDENT
Officer
–$0
990 for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
JAE DUK KIM JAE DUK KIMPRESIDENT
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)

Mission

PROVIDING DIVERSE GROUPS OF FOREIGN AND DOMESTIC STUDENTS WITH AN AFFORDABLE HIGHER-EDUCATION EXPERIENCE OF PRIVATE POSTSECONDARY EDUCATION.

990 for the year ended December 31, 2025

Program accomplishments

  • MASTER DEGREE PROGRAMS
    Expenses $19,153
  • SUPPORTING OF DEGREE PROGRAMS
    Expenses $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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025Check at the IRS
2023December 31, 2023May 15, 2024990 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

FormYear endedRevenueExpensesAssetsReturn
990December 2025$142,531$82,337$459,895XML
990December 2023$307,449$290,907$437,920XML

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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