Nonprofit · EIN 47-1412108
INNOVART FOUNDATION
Tax-exempt · CUPERTINO, CA 95014
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $18,494 | $14,029 | $4,465 | $217,149 | $0 | $217,149 |
| December 31, 2024 | 990-PF | $11,314 | $13,627 | -$2,313 | $212,684 | $0 | $212,684 |
| December 31, 2023 | 990-PF | $9,682 | $14,531 | -$4,849 | $214,997 | $0 | $214,997 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $300
- Dividends
- $9,722
- Net gain from sales of assets
- $8,472
Expenses
- Grants and similar amounts paid
- $7,000
- Disbursements for charitable purposes
- $11,515
- Excise tax on investment income
- $219
Balance sheet and other
- Total assets, start of year
- $212,684
- Total assets, end of year
- $217,149
- Total liabilities, end of year
- $0
- Net assets, end of year
- $217,149
- Fair market value of assets
- $236,720
- Qualifying distributions
- $11,515
- Net investment income
- $18,194
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CAROL ZHANG 13220 PEACOCK CT, CUPERTINO, CA 95014 | TREASURER | 3 | $0 |
| JENNY WANG 13220 PEACOCK CT, CUPERTINO, CA 95014 | SECRETARY | 3 | $0 |
| MAGGIE TSAI 13220 PEACOCK CT, CUPERTINO, CA 95014 | PRESIDENT | 10 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CAROL ZHANG 13220 PEACOCK CT, CUPERTINO, CA 95014 | CFO/TREASURER | 3 | $0 |
| JENNY WANG 13220 PEACOCK CT, CUPERTINO, CA 95014 | SECRETARY | 3 | $0 |
| MAGGIE TSAI 13220 PEACOCK CT, CUPERTINO, CA 95014 | PRESIDENT | 10 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CAROL ZHANG 13220 PEACOCK CT, CUPERTINO, CA 95014 | CFO/TREASURER | 3 | $0 |
| JENNY WANG 13220 PEACOCK CT, CUPERTINO, CA 95014 | SECRETARY | 3 | $0 |
| MAGGIR TSAI 13220 PEACOCK CT, CUPERTINO, CA 95014 | PRESIDENT | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 13220 PEACOCK CT, CUPERTINO, CA 95014-5442
- Signed the 990-PF
- MAGGIE TSAI, CEO
- Phone
- (408) 799-0630
- Return prepared by
- KELLY KAI-LING HWANG CPA
California records
California keeps its own records of charities and corporations. Search them by EIN 47-1412108 or by the name INNOVART FOUNDATION.
- 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)
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 47-1412108
- 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
- 2014
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Youth development (O50)
- Assets (IRS master file)
- $217,149
- Income (IRS master file)
- $176,449
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $18,494 | $14,029 | $217,149 | XML |
| 990-PF | December 2024 | $11,314 | $13,627 | $212,684 | XML |
| 990-PF | December 2023 | $9,682 | $14,531 | $214,997 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
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 47-1412108).
Questions about INNOVART FOUNDATION
- What is the EIN of INNOVART FOUNDATION?
- The employer identification number (EIN) of INNOVART FOUNDATION is 47-1412108.
- Is INNOVART FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to INNOVART FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does INNOVART FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of INNOVART 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 INNOVART FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of INNOVART FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does INNOVART FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $18,494, expenses of $14,029 and total assets of $217,149 at year end.
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All nonprofits in CUPERTINO · California · Youth development