Skip to main content

Nonprofit · EIN 82-0967110

CUSPEA ACADEMY CORP

Tax-exempt · FREDERICK, MD 21704

Financials

$323K$7K2023
Revenue Expenses · by fiscal year end
Financials of CUSPEA ACADEMY CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990$322,628$7,151$315,477$600,718$285,241$315,477
Financial details: 990 for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$320,000
Program service revenue
$0
Investment income
$0
Net rental income
$2,628
Other revenue
$2,628

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$336
Program services (functional)
$5,217
Management and general (functional)
$1,934

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$600,718
Total liabilities, end of year
$285,241
Net assets, end of year
$315,477
Land, buildings and equipment
$592,312
Net assets without donor restrictions
$315,477
Gross receipts
$322,628
Employees
0
Volunteers
2
Year formed
2017
State of legal domicile
MD

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, 2023, highest compensation first.

NameTitleHours / weekCompensation
Yi PangPresident
Trustee or director, Officer, Key employee
20$0
Airong HeSecretary
Trustee or director, Officer, Key employee
40$0

Address and contacts

Address (IRS master file)
3850 SUGARLOAF PKWY, FREDERICK, MD 21704-7900
In care of
% YI PANG
Principal officer (990 for 2023)
Yi Pang, 3850 Sugarloaf Pkwy, Frederick, MD 21704
Signed the 990
Yi Pang, Director
Phone
(240) 432-5826

Mission

Inspire and nurture the younger generation to develop problem-solving skills that address todays challenges and contribute actively to creating a better future for humanity.

990 for the year ended December 31, 2023

Program accomplishments

  • Program Development Innovation Workshops Designed an introductory curriculum for innovation workshops targeting middle and high school students.Workshops will focus on hands-on experimentation and problem-solving in STEM fields, including renewable energy, robotics, and environmental sustainability. Developed partnerships with local schools and community centers to host the workshops in 2024.
  • Infrastructure Development Establish operational processes and secured basic resources, such as land for outdoor experiment, space for workshops, program materials, and an online platform for applications and participant engagement.
    Expenses $5,217

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

IRS record

EIN
82-0967110
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$600,718
Income (IRS master file)
$322,628

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2023$322,628$7,151$600,718XML

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 82-0967110).

Questions about CUSPEA ACADEMY CORP

What is the EIN of CUSPEA ACADEMY CORP?
The employer identification number (EIN) of CUSPEA ACADEMY CORP is 82-0967110.
Is CUSPEA ACADEMY CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to CUSPEA ACADEMY CORP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CUSPEA ACADEMY CORP 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 CUSPEA ACADEMY CORP 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 CUSPEA ACADEMY CORP last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2023.
Who is the principal officer of CUSPEA ACADEMY CORP?
The 990 for the year ended December 31, 2023 names Yi Pang.
Who are the officers and directors of CUSPEA ACADEMY CORP?
The 990 for the year ended December 31, 2023 lists 2 people; 0 received compensation from the organization.
How much revenue does CUSPEA ACADEMY CORP have?
On its 990 for the year ended December 31, 2023 it reported revenue of $322,628, expenses of $7,151 and total assets of $600,718 at year end.

Other nonprofits in FREDERICK

All nonprofits in FREDERICK · Maryland · Science and technology