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Nonprofit · EIN 46-5540684

WELL GROW FOUNDATION

Tax-exempt (reinstated) · SAN DIEGO, CA 92108

Financials

$1.8M$230K2024
Revenue Expenses · by fiscal year end
Financials of WELL GROW FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$1,777,152$229,650$1,547,502$3,434,443$0$3,434,443
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,396,849
Dividends
$88,982
Net gain from sales of assets
$291,321

Expenses

Grants and similar amounts paid
$222,700
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Disbursements for charitable purposes
$229,650
Excise tax on investment income
$1,237

Balance sheet and other

Total assets, start of year
$1,421,463
Total assets, end of year
$3,434,443
Total liabilities, end of year
$0
Net assets, end of year
$3,434,443
Fair market value of assets
$3,434,443
Qualifying distributions
$452,350
Net investment income
$88,982

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
Wenbo Zhuang
10863 Cadence Court, San Diego, CA 92130
President3$0
David Seid
2727 Camino Del Rio South Suite 223, San Diego, CA 92108
Vice-President2$0
Ken Chang
2727 Camino Del Rio South Suite 223, San Diego, CA 92108
Treasurer3$0

Address and contacts

Address (IRS master file)
2727 CAMINO DEL RIO S STE 223, SAN DIEGO, CA 92108-3741
In care of
% EDWARD WONG
Signed the 990-PF
Wenbo Zhuang, President
Phone
(858) 518-1556
Return prepared by
Law Offices of Edward G Wong

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024No data

IRS record

EIN
46-5540684
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
2024
Accounting year ends
December
Files
Form 990-PF
Category (NTEE)
Religion-related (X20)
Assets (IRS master file)
$3,434,443
Income (IRS master file)
$1,842,152

Revocation and reinstatement

Exemption revoked
May 15, 2023
Posted by the IRS
August 14, 2023
Reinstated
Effective May 15, 2023

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024–––IRS

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 WELL GROW FOUNDATION

What is the EIN of WELL GROW FOUNDATION?
The employer identification number (EIN) of WELL GROW FOUNDATION is 46-5540684.
Is WELL GROW FOUNDATION tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2023 and reinstated it effective May 15, 2023.
Are donations to WELL GROW FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does WELL GROW FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of WELL GROW FOUNDATION 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 WELL GROW FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of WELL GROW FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does WELL GROW FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,777,152, expenses of $229,650 and total assets of $3,434,443 at year end.

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