Nonprofit · EIN 57-1199131
HOMETOWN EDUCATION FOUNDATION INC
Tax-exempt · MADISON, WI 53717
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,064,560 | $340,275 | $724,285 | $1,693,467 | $0 | $1,693,467 |
| December 31, 2024 | 990 (amended) | $388,416 | $377,099 | $11,317 | $929,913 | $0 | $929,913 |
| December 31, 2023 | 990 | $602,895 | $337,473 | $265,422 | $917,924 | $0 | $917,924 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,022,756
- Program service revenue
- $0
- Investment income
- $41,804
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $335,000
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $1,469
- Accounting fees
- $2,500
- Program services (functional)
- $335,000
- Management and general (functional)
- $5,275
Balance sheet and other
- Total assets, start of year
- $929,913
- Total assets, end of year
- $1,693,467
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,693,467
- Publicly traded securities
- $1,309,706
- Net assets without donor restrictions
- $1,693,467
- Gross receipts
- $1,064,560
- Employees
- 0
- Year formed
- 2004
- State of legal domicile
- WI
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 |
|---|---|---|---|
| Shuanglin Chen | Trustee Trustee or director | 2 | $0 |
| Yeqing Li | Google Coordinator Trustee or director | 2 | $0 |
| Guanming Shi | Board Chair Trustee or director, Officer | 2 | $0 |
| Tonghai Yang | Director Trustee or director, Officer | 20 | $0 |
| Hui Yang | Board Member Trustee or director, Officer | 2 | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHUANGLIN CHEN | TRUSTEE Trustee or director | 2 | $0 |
| YEQING LI | GOOGLE COORD Trustee or director | 2 | $0 |
| GUANMING SHI | BOARD CHAIR Trustee or director, Officer | 2 | $0 |
| TONGHAI YANG | DIRECTOR Trustee or director, Officer | 20 | $0 |
| HUI YANG | BOARD MEMBER Officer | 2 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHUANGLIN CHEN | TRUSTEE Trustee or director | 2 | $0 |
| YEQING LI | GOOGLE COORD Trustee or director | 2 | $0 |
| GUANMING SHI | BOARD CHAIR Trustee or director, Officer | 2 | $0 |
| TONGHAI YANG | DIRECTOR Trustee or director, Officer | 20 | $0 |
| HUI YANG | BOARD MEMBER Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 9 W GENEVA CIR, MADISON, WI 53717-1826
- In care of
- % TONGHAI YANG
- Principal officer (990 for 2025)
- Tonghai Yang, 9 W Geneva Cir, Madison, WI 53717
- Signed the 990
- Tonghai Yang, Director
- Phone
- (608) 770-3229
- Website
- www.hometowneducation.org
- Return prepared by
- Prominent CPAs & Associates LLC
Mission
The charity seeks publick donation to help poor students in China to continue their basic education from elementary to high school, and in some cases college education. 100 of the donation goes to the needy students.
Program accomplishments
- The charity seeks public donation to help poor students in China to continue their basic education from elementary to high school, and in some cases college education. 100 of the donation goes to the needy students.Expenses $335,000 · grants $1,022,756
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 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 57-1199131
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2005
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B12)
- Assets (IRS master file)
- $1,693,467
- Income (IRS master file)
- $1,064,560
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,064,560 | $340,275 | $1,693,467 | XML |
| 990 | December 2024 | $349,775 | $377,099 | $929,913 | XML |
| 990 | December 2023 | $602,895 | $337,473 | $917,924 | XML |
| 990 | December 2022 | $445,704 | $336,327 | $652,502 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 57-1199131).
Questions about HOMETOWN EDUCATION FOUNDATION INC
- What is the EIN of HOMETOWN EDUCATION FOUNDATION INC?
- The employer identification number (EIN) of HOMETOWN EDUCATION FOUNDATION INC is 57-1199131.
- Is HOMETOWN EDUCATION FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
- Are donations to HOMETOWN EDUCATION FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HOMETOWN EDUCATION FOUNDATION INC 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 HOMETOWN EDUCATION 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 HOMETOWN EDUCATION FOUNDATION INC 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 HOMETOWN EDUCATION FOUNDATION INC?
- The 990 for the year ended December 31, 2025 names Tonghai Yang.
- Who are the officers and directors of HOMETOWN EDUCATION FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does HOMETOWN EDUCATION FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,064,560, expenses of $340,275 and total assets of $1,693,467 at year end.
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