Nonprofit · EIN 54-1946661
GOOD HEART FOUNDATION INC
Tax-exempt · MC LEAN, VA 22102
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $14,957 | $22,236 | -$7,279 | $156,496 | $0 | $156,496 |
| December 31, 2024 | 990-PF | $5,538 | $4,709 | $829 | $148,712 | $0 | $148,712 |
| December 31, 2023 | 990-PF | $5,601 | $581 | $5,020 | $166,495 | $0 | $166,495 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $4,858
- Net gain from sales of assets
- $10,099
Expenses
- Grants and similar amounts paid
- $20,100
- Excise tax on investment income
- $178
Balance sheet and other
- Total assets, start of year
- $163,857
- Total assets, end of year
- $156,496
- Total liabilities, end of year
- $0
- Net assets, end of year
- $156,496
- Fair market value of assets
- $178,774
- Net investment income
- $14,957
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 |
|---|---|---|---|
| Lung Sheng Tao 10401 W Charleston Blvd, Las Vegas, NV 89135 | Director | 1 | $0 |
| Kou-Yun Tao 10401 W Charleston Blvd, Las Vegas, NV 89135 | Director | 1 | $0 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Lung Sheng Tao 10401 W Charleston Blvd, Las Vegas, NV 89135 | Director | 1 | $0 |
| Kou-Yun Tao 10401 W Charleston Blvd, Las Vegas, NV 89135 | Director | 1 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Lung Sheng Tao 88 Pristine Glen St, Las Vegas, NV 89135 | Director | 1 | $0 |
| Kou-Yun Tao 88 Pristine Glen St, Las Vegas, NV 89135 | Director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1014 NORTHWOODS TRL, MC LEAN, VA 22102-1322
- In care of
- % LOUIS L S TAO
- Signed the 990-PF
- Louis LS Tao, Trustee
- Phone
- (703) 847-9256
- Return prepared by
- Joseph Sciacca CPA
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
- 54-1946661
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private operating foundation
- Donations deductible (Pub 78)
- Private operating foundation, 50% limit
- Exempt since
- 1999
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T23)
- Assets (IRS master file)
- $156,496
- Income (IRS master file)
- $46,361
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $14,957 | $22,236 | $156,496 | IRS |
| 990-PF | December 2024 | $5,538 | $4,709 | $148,712 | XML |
| 990-PF | December 2023 | $5,601 | $581 | $166,495 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 54-1946661).
Questions about GOOD HEART FOUNDATION INC
- What is the EIN of GOOD HEART FOUNDATION INC?
- The employer identification number (EIN) of GOOD HEART FOUNDATION INC is 54-1946661.
- Is GOOD HEART FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to GOOD HEART FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
- Which annual return does GOOD HEART FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of GOOD HEART FOUNDATION INC 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 GOOD HEART FOUNDATION INC 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 GOOD HEART FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does GOOD HEART FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $14,957, expenses of $22,236 and total assets of $156,496 at year end.
Other nonprofits in MC LEAN
- SKILLSOURCE GROUP INC EIN 30-0129320 · last filed 990 for 2025
- CONESTOGA CHARITABLE FOUNDATION EIN 92-0932574 · last filed 990-PF for 2025
- RENEE FLEMING FOUNDATION EIN 47-3185660 · last filed 990-PF for 2024
- RIXEY STREET FOUNDATION INC EIN 54-1842020 · last filed 990-PF for 2025
- FAIRBANK FOUNDATION EIN 86-3097479 · last filed 990-PF for 2024
- LIN & JIN FOUNDATION EIN 93-4909324 · last filed 990-PF for 2024
- LAWRENCE FAM FOUNDATION EIN 54-6771835 · last filed 990-PF for 2025
- ALFRED AND DINA KHOURY FAMILY FOUNDATION EIN 87-4025999 · last filed 990-PF for 2025
All nonprofits in MC LEAN · Virginia · Philanthropy, voluntarism and grantmaking foundations