Nonprofit · EIN 84-2226583
FRIENDS OF CENTRAL QUEENS ACADEMY INC
Tax-exempt · ELMHURST, NY 11373
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $5,061,882 | $4,772,313 | $289,569 | $1,002,515 | $578,224 | $424,291 |
| June 30, 2024 | 990 | $3,432,090 | $3,430,335 | $1,755 | $500,342 | $365,620 | $134,722 |
| June 30, 2023 | 990 | $3,072,028 | $3,257,890 | -$185,862 | $488,587 | $355,620 | $132,967 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $0
- Net rental income
- $5,061,776
- Other revenue
- $5,061,882
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $16,050
- Occupancy
- $4,753,263
- Program services (functional)
- $4,756,263
- Management and general (functional)
- $16,050
Balance sheet and other
- Total assets, start of year
- $500,342
- Total assets, end of year
- $1,002,515
- Total liabilities, end of year
- $578,224
- Net assets, end of year
- $424,291
- Net assets without donor restrictions
- $424,291
- Gross receipts
- $5,061,882
- Employees
- 0
- Volunteers
- 6
- Year formed
- 2019
- State of legal domicile
- NY
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 |
|---|---|---|---|
| PEI PEI CHENG-DE CASTRO | CHAIR Trustee or director, Officer | 1 | $0 |
| BRUCE SABER | SECRETARY Trustee or director, Officer | 1 | $0 |
| TINA HU | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PEI PEI CHENG-DE CASTRO | CHAIR Trustee or director, Officer | 1 | $0 |
| KEN LEE | TREASURER (THRU 8/23) Trustee or director, Officer | 1 | $0 |
| BRUCE SABER | SECRETARY Trustee or director, Officer | 1 | $0 |
| TINA HU | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PEI PEI CHENG-DE CASTRO | CHAIR Trustee or director, Officer | 1 | $0 |
| KEN LEE | TREASURER Trustee or director, Officer | 1 | $0 |
| BRUCE SABER | SECRETARY Trustee or director, Officer | 1 | $0 |
| TINA HU | TRUSTEE Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 8814 JUSTICE AVE, ELMHURST, NY 11373-4686
- In care of
- % PEI PEI CHENG-DE CASTRO
- Principal officer (990 for 2024)
- PEI PEI CHENG-DE CASTRO, 88-14 JUSTICE AVENUE, ELMHURST, NY 11373
- Signed the 990
- PEI PEI CHENG-DE CASTRO, CHAIR
- Phone
- (718) 271-6200
- Return prepared by
- SAX ADVISORS LLC
Mission
TO SUPPORT THE OPERATION OF CENTRAL QUEENS ACADEMY CHARTER SCHOOL IN NEW YORK (THE "SCHOOL") BY PROVIDING ASSISTANCE WITH THE SCHOOL'S REAL ESTATE NEEDS, AND BY RAISING FUNDS AND RESOURCES THAT WILL ENABLE THE CORPORATION TO PROVIDE SUPPORT TO THE SCHOOL TO ENHANCE THE EXPERIENCE OF THE SCHOOL'S STUDENTS.
Program accomplishments
- PROVIDE THE SCHOOL WITH REAL ESTATE AND FACILITIES-RELATED NEEDS, AND RAISE FUNDS AND RESOURCES THAT WILL ENABLE THE CORPORATION TO PROVIDE SUPPORT TO THE SCHOOL TO ENHANCE THE EXPERIENCE OF THE SCHOOL'S STUDENTS.Expenses $4,756,263 · revenue $5,061,776
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
- 84-2226583
- 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
- 2020
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B11)
- Assets (IRS master file)
- $1,002,515
- Income (IRS master file)
- $5,061,882
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $5,061,882 | $4,772,313 | $1,002,515 | XML |
| 990 | June 2024 | $3,432,090 | $3,430,335 | $500,342 | XML |
| 990 | June 2023 | $3,072,028 | $3,257,890 | $488,587 | XML |
| 990 | June 2022 | $981,312 | $708,865 | $328,829 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | 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 84-2226583).
Questions about FRIENDS OF CENTRAL QUEENS ACADEMY INC
- What is the EIN of FRIENDS OF CENTRAL QUEENS ACADEMY INC?
- The employer identification number (EIN) of FRIENDS OF CENTRAL QUEENS ACADEMY INC is 84-2226583.
- Is FRIENDS OF CENTRAL QUEENS ACADEMY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to FRIENDS OF CENTRAL QUEENS ACADEMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FRIENDS OF CENTRAL QUEENS ACADEMY 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 FRIENDS OF CENTRAL QUEENS ACADEMY INC 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 FRIENDS OF CENTRAL QUEENS ACADEMY INC 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 FRIENDS OF CENTRAL QUEENS ACADEMY INC?
- The 990 for the year ended June 30, 2025 names PEI PEI CHENG-DE CASTRO.
- Who are the officers and directors of FRIENDS OF CENTRAL QUEENS ACADEMY INC?
- The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does FRIENDS OF CENTRAL QUEENS ACADEMY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $5,061,882, expenses of $4,772,313 and total assets of $1,002,515 at year end.
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