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Nonprofit · EIN 83-1429397

NEW SUN FOUNDATION CORP

Tax-exempt · DEERFIELD, IL 60015

Financials

$240K$61K2023$268K$48K2024
Revenue Expenses · by fiscal year end
Financials of NEW SUN FOUNDATION CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$267,675$47,976$219,699$1,082,953$0$1,082,953
December 31, 2023990$240,000$61,385$178,615$863,254$0$863,254
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$233,000
Program service revenue
$0
Investment income
$34,675
Other revenue
$0

Expenses

Grants and similar amounts paid
$43,484
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$43,484
Management and general (functional)
$4,492

Balance sheet and other

Total assets, start of year
$863,254
Total assets, end of year
$1,082,953
Total liabilities, end of year
$0
Net assets, end of year
$1,082,953
Net assets without donor restrictions
$1,082,953
Gross receipts
$267,675
Employees
0
Year formed
2018

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.

NameTitleHours / weekCompensation
FAN LISECRETARY
Trustee or director, Officer
2$0
YEUNG MAN SUENPRESIDENT
Trustee or director, Officer
2$0
WING YIN TODIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
FAN LISECRETARY
Trustee or director, Officer
–$0
YEUNG MAN SUENPRESIDENT
Trustee or director, Officer
–$0
WING YIN TODIRECTOR
Trustee or director
–$0

Address and contacts

Address (IRS master file)
1020 MAILWAUKEE AVE, DEERFIELD, IL 60015-3513
Principal officer (990 for 2024)
YEUNG MAN SUEN
Signed the 990
YEUNG MAN SUEN, PRESIDENT
Phone
(347) 822-5887
Return prepared by
IACCTAX

Mission

TO SERVE AND SUPPORT FAMILIES AND INDIVIDUALS IN POOR COMMUNITIES AROUND THE WORLD.

990 for the year ended December 31, 2024

Program accomplishments

  • CHINA SENIOR PROGRAM DEVELOPMENT IN MAINLAND CHINA
    Expenses $33,000 · grants $33,000
  • CHINESE COMMUNITY SUPPORT FOR VARIOUS ACTIVITIES
    Expenses $10,484 · grants $10,484

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, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
83-1429397
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
2018
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P99)
Assets (IRS master file)
$1,082,953
Income (IRS master file)
$267,675

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$267,675$47,976$1,082,953XML
990December 2023$240,000$61,385$863,254XML
990December 2022$293,000$61,642$684,639IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 83-1429397).

Questions about NEW SUN FOUNDATION CORP

What is the EIN of NEW SUN FOUNDATION CORP?
The employer identification number (EIN) of NEW SUN FOUNDATION CORP is 83-1429397.
Is NEW SUN FOUNDATION CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to NEW SUN FOUNDATION CORP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NEW SUN FOUNDATION 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 NEW SUN FOUNDATION 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 NEW SUN FOUNDATION CORP 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 NEW SUN FOUNDATION CORP?
The 990 for the year ended December 31, 2024 names YEUNG MAN SUEN.
Who are the officers and directors of NEW SUN FOUNDATION CORP?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does NEW SUN FOUNDATION CORP have?
On its 990 for the year ended December 31, 2024 it reported revenue of $267,675, expenses of $47,976 and total assets of $1,082,953 at year end.

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