Skip to main content

Nonprofit · EIN 81-2371087

DAOFENG & ANGELA FOUNDATION CORPORATION

Tax-exempt · ARLINGTON, VA 22209

Financials

$449K$1.2M2023$1.8M$1.4M2024
Revenue Expenses · by fiscal year end
Financials of DAOFENG & ANGELA FOUNDATION CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$1,756,129$1,402,625$353,504$21,630,772$432,993$21,197,779
December 31, 2023990-PF (amended)$448,524$1,227,905-$779,381$21,244,092$399,817$20,844,275
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,450,000
Dividends
$27,689
Interest
$1,326
Net gain from sales of assets
-$723,655
Other income
$769

Expenses

Grants and similar amounts paid
$743,639
Compensation of officers, directors and key employees
$60,000
Salaries, compensation and benefits (total)
$100,000
Disbursements for charitable purposes
$1,394,672

Balance sheet and other

Total assets, start of year
$21,244,092
Total assets, end of year
$21,630,772
Total liabilities, end of year
$432,993
Net assets, end of year
$21,197,779
Fair market value of assets
$31,689,256
Qualifying distributions
$1,394,672

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, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
YING YE
1655 FORT MYER DR STE 800, ARLINGTON, VA 22209
PHILANTHROPIC COMM S
Highest-paid employee
40$100,000$15,596
ANGELA HE
932 HUNGERFORD DR STE 11B, ROCKVILLE, MD 20850
DIRECTOR20$60,000$0
DAO FENG HE
932 HUNGERFORD DR STE 11B, ROCKVILLE, MD 20850
PRESIDENT & DIRECTOR20$0$0
XUEMEI FENG
932 HUNGERFORD DR STE 11B, ROCKVILLE, MD 20850
DIRECTOR5$0$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensationOther / benefits
YING YE
1655 FORT MYER DR STE 800, ARLINGTON, VA 22209
PHILANTHROPIC COMM S
Highest-paid employee
40$100,000$7,529
ANGELA HE
932 HUNGERFORD DR STE 11B, ROCKVILLE, MD 20850
DIRECTOR20$60,000$0
DAO FENG HE
932 HUNGERFORD DR STE 11B, ROCKVILLE, MD 20850
PRESIDENT & DIRECTOR20$0$0
XUEMEI FENG
932 HUNGERFORD DR STE 11B, ROCKVILLE, MD 20850
DIRECTOR5$0$0

Address and contacts

Address (IRS master file)
1655 FORT MYER DR STE 800, ARLINGTON, VA 22209-3119
In care of
% DAO FENG HE
Signed the 990-PF
DAO FENG HE, PRESIDENT
Phone
(240) 620-6103
Return prepared by
CUIS FINANCIAL GROUP

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
81-2371087
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
2016
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$21,630,772
Income (IRS master file)
$4,349,015

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$1,756,129$1,402,625$21,630,772IRS
990-PFDecember 2023$448,524$1,227,905$21,244,092IRS
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2019–––IRS
990-PFDecember 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 81-2371087).

Questions about DAOFENG & ANGELA FOUNDATION CORPORATION

What is the EIN of DAOFENG & ANGELA FOUNDATION CORPORATION?
The employer identification number (EIN) of DAOFENG & ANGELA FOUNDATION CORPORATION is 81-2371087.
Is DAOFENG & ANGELA FOUNDATION CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to DAOFENG & ANGELA FOUNDATION CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does DAOFENG & ANGELA FOUNDATION CORPORATION file?
Form 990-PF. Private foundations file every year.
When is the next return of DAOFENG & ANGELA FOUNDATION CORPORATION 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 DAOFENG & ANGELA FOUNDATION CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of DAOFENG & ANGELA FOUNDATION CORPORATION?
The 990-PF for the year ended December 31, 2024 lists 4 people; 2 received compensation from the organization, the highest $100,000 (YING YE, PHILANTHROPIC COMM S).
How much revenue does DAOFENG & ANGELA FOUNDATION CORPORATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,756,129, expenses of $1,402,625 and total assets of $21,630,772 at year end.

Other nonprofits in ARLINGTON

All nonprofits in ARLINGTON · Virginia · Philanthropy, voluntarism and grantmaking foundations