Nonprofit · EIN 81-1344566
MILLBURN INSTITUTE OF TALENT
Tax-exempt · MILLBURN, NJ 07041
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $373,033 | $347,329 | $25,704 | $376,721 | $121,415 | $255,306 |
| June 30, 2024 | 990 | $370,178 | $331,368 | $38,810 | $364,717 | $135,115 | $229,602 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $8,731
- Program service revenue
- $356,525
- Investment income
- $7,777
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $11,311
- Compensation of officers, directors and key employees
- $42,821
- Other salaries and wages
- $82,062
- Salaries, compensation and benefits (total)
- $191,094
- Professional fundraising fees
- $0
- Accounting fees
- $2,190
- Program services (functional)
- $295,689
- Management and general (functional)
- $51,640
Balance sheet and other
- Total assets, start of year
- $364,717
- Total assets, end of year
- $376,721
- Total liabilities, end of year
- $121,415
- Net assets, end of year
- $255,306
- Gross receipts
- $373,033
- Employees
- 13
- Volunteers
- 10
- Year formed
- 2016
- State of legal domicile
- NJ
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jiangpeng Wang | Principal Officer | 10 | $7,510 |
| Denu Han | Accountant Officer | 10 | $6,859 |
| Zhen Cheng | Assistant Principal Officer | 10 | $4,253 |
| Jie Wu | Assistant Principal Officer | 10 | $3,946 |
| Jiannan Wang | Assistant Principal Officer | 10 | $3,794 |
| Albert Wen | IT Developer Officer | 10 | $3,650 |
| Ruijuan Guo | School Assistant Officer | 10 | $3,459 |
| Yan Shi | Chair of Parent Association Officer | 10 | $3,187 |
| Ying Wang | School Assistant Officer | 10 | $1,719 |
| Xiuqin Zhai | School Assistant Officer | 10 | $1,631 |
| Kuang-Chiang Liu | Manager of Public Relation Officer | 10 | $1,460 |
| Richard Wen | IT Developer Officer | 10 | $1,353 |
990 for the year ended June 30, 2024: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JIA FANG | DEAN Officer | 10 | $7,800 |
| JAMES LIU | PRINCIPAL Officer | 10 | $6,600 |
| ALBERT WEN | IT Developer Officer | 10 | $3,640 |
| DAVID WANG | VICE PRINCIPAL Officer | 10 | $3,600 |
| CUI YANG | Chair of Parent Association Officer | 10 | $3,600 |
| JIE WU | Director of Operation Officer | 10 | $3,600 |
| DENU HAN | Accountant Officer | 10 | $3,600 |
| RICHARD WEN | IT Developer Officer | 10 | $3,140 |
| XIUQIN ZHAI | School Assistant Officer | 10 | $2,160 |
| JIERONG CHENG | FINANCE Officer | 10 | $1,860 |
| HUI LI | Vice Chair of Parent Association Officer | 10 | $1,560 |
| STEFANIE ZOU | Public Relationship Officer | 10 | $1,360 |
| YURIA OMI | Payroll Assistant Officer | 10 | $950 |
Address and contacts
- Address (IRS master file)
- PO BOX 841, MILLBURN, NJ 07041-0841
- In care of
- % ZHONG LI
- Principal officer (990 for 2024)
- Jiangpeng Wang, PO BOX 841, Millburn, NJ 070410841
- Signed the 990
- Jiangpeng Wang, Principal
- Phone
- (201) 889-6482
Mission
The Institute teaches young children Chinese language and culture. It also provides activities to the parents such as dance yoga etc during the time when the children are learning.
Program accomplishments
- The majority of the revenue comes from tuition. A small amount comes from donations and deposit interest. Most of the expenses are for employee compensation and rental of the high school.Expenses $295,689 · grants $11,311 · revenue $373,033
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 81-1344566
- 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
- 2016
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A20)
- Assets (IRS master file)
- $376,721
- Income (IRS master file)
- $373,033
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $373,033 | $347,329 | $376,721 | XML |
| 990 | June 2024 | $370,178 | $331,368 | $364,717 | XML |
| 990 | June 2023 | $345,080 | $297,853 | $356,942 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 81-1344566).
Questions about MILLBURN INSTITUTE OF TALENT
- What is the EIN of MILLBURN INSTITUTE OF TALENT?
- The employer identification number (EIN) of MILLBURN INSTITUTE OF TALENT is 81-1344566.
- Is MILLBURN INSTITUTE OF TALENT tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to MILLBURN INSTITUTE OF TALENT tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MILLBURN INSTITUTE OF TALENT 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 MILLBURN INSTITUTE OF TALENT due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MILLBURN INSTITUTE OF TALENT last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of MILLBURN INSTITUTE OF TALENT?
- The 990 for the year ended June 30, 2025 names Jiangpeng Wang.
- Who are the officers and directors of MILLBURN INSTITUTE OF TALENT?
- The 990 for the year ended June 30, 2025 lists 12 people; 12 received compensation from the organization, the highest $7,510 (Jiangpeng Wang, Principal).
- How much revenue does MILLBURN INSTITUTE OF TALENT have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $373,033, expenses of $347,329 and total assets of $376,721 at year end.
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