Nonprofit · EIN 81-2094929
PANDA CARES FOUNDATION INC
Tax-exempt · LAS VEGAS, NV 89144
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $43,526,725 | $35,548,132 | $7,978,593 | $47,665,008 | $1,075 | $47,663,933 |
| December 31, 2023 | 990 | $51,663,601 | $48,805,223 | $2,858,378 | $39,685,341 | $0 | $39,685,341 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $41,420,395
- Program service revenue
- $0
- Investment income
- $2,106,330
- Net gain from sales of assets
- $17,582
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $33,783,526
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $111,748
- Program services (functional)
- $35,374,101
- Management and general (functional)
- $174,031
Balance sheet and other
- Total assets, start of year
- $39,685,341
- Total assets, end of year
- $47,665,008
- Total liabilities, end of year
- $1,075
- Net assets, end of year
- $47,663,933
- Publicly traded securities
- $17,920,839
- Gross receipts
- $43,526,725
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2016
- State of legal domicile
- NV
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANDREW JIN-CHAN CHERNG | DIRECTOR Trustee or director | 1 | $0 |
| PEGGY TSIANG CHERNG | PRES. & TREAS. & DIREC. Trustee or director, Officer | 2 | $0 |
| DENNIS BURKE | DIRECTOR Trustee or director | 4 | $0 |
| WINNIE CHAN | SECRETARY Officer | 25 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANDREW JIN-CHAN CHERNG | DIRECTOR Trustee or director, Officer | 1 | $0 |
| PEGGY TSIANG CHERNG | PRES. & TREAS. & DIREC. Trustee or director, Officer | 2 | $0 |
| DENNIS BURKE | DIRECTOR Trustee or director | 4 | $0 |
| WINNIE CHAN | SECRETARY Officer | 25 | $0 |
Address and contacts
- Address (IRS master file)
- 1120 N TOWN CENTER DR STE 150, LAS VEGAS, NV 89144-6303
- In care of
- % PEGGY TSIANG CHERNG
- Principal officer (990 for 2024)
- WINNIE CHAN, 1120 N TOWN CENTER DR SUITE 150, LAS VEGAS, NV 89144
- Signed the 990
- WINNIE CHAN, SECRETARY
- Phone
- (626) 372-8205
- Website
- WWW.PANDACARES.ORG
- Return prepared by
- DENNIS M LEE & ASSOCIATES
Mission
PANDA CARES BRINGS HOPE TO YOUTH IN NEED. OUR PURPOSE IS TO SERVE THE HEALTH AND EDUCATION NEEDS OF UNDERSERVED YOUTH AND TO FOSTER THE SPIRIT OF GIVING.
Program accomplishments
- GENERAL GRANTS.Expenses $31,616,255 · grants $31,383,526 · revenue $34,790,286
- GOLF.Expenses $3,757,846 · grants $2,400,000 · revenue $6,630,109
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 | Not 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
- 81-2094929
- 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
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $47,665,008
- Income (IRS master file)
- $43,526,725
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $43,526,725 | $35,548,132 | $47,665,008 | IRS |
| 990 | December 2023 | $51,663,601 | $48,805,223 | $39,685,341 | XML |
| 990 | December 2022 | $47,491,935 | $48,041,939 | $36,826,962 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | $41,141,985 | $45,090,096 | $44,633,071 | 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 81-2094929).
Questions about PANDA CARES FOUNDATION INC
- What is the EIN of PANDA CARES FOUNDATION INC?
- The employer identification number (EIN) of PANDA CARES FOUNDATION INC is 81-2094929.
- Is PANDA CARES FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to PANDA CARES FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PANDA CARES 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 PANDA CARES FOUNDATION INC 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 PANDA CARES FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of PANDA CARES FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names WINNIE CHAN.
- Who are the officers and directors of PANDA CARES FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does PANDA CARES FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $43,526,725, expenses of $35,548,132 and total assets of $47,665,008 at year end.
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