Nonprofit · EIN 85-4171307
JOSEPH SCHOLARSHIP FOUNDATION INC
Tax-exempt · FLUSHING, NY 11358
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $156,860 | $13,149 | $143,711 | $709,358 | $0 | $709,358 |
| December 31, 2024 | 990 | $24,130 | $30,387 | -$6,257 | $565,647 | $0 | $565,647 |
| December 31, 2023 | 990 | $86,551 | $29,807 | $56,744 | $580,649 | $0 | $580,649 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $62,000
- Program service revenue
- $0
- Investment income
- $94,860
- Net gain from sales of assets
- $9,262
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $900
- Program services (functional)
- $4,050
- Management and general (functional)
- $9,099
Balance sheet and other
- Total assets, start of year
- $565,647
- Total assets, end of year
- $709,358
- Total liabilities, end of year
- $0
- Net assets, end of year
- $709,358
- Publicly traded securities
- $637,490
- Net assets without donor restrictions
- $709,358
- Gross receipts
- $156,860
- Employees
- 0
- Year formed
- 2020
- 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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MI-EUN CHANG | PRESIDENT Trustee or director, Officer | – | $0 |
| KI TAE CHUNG | TREASURER Trustee or director, Officer | – | $0 |
| STEPHEN UM | SECRETARY Trustee or director, Officer | – | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MI-EUN CHANG | PRESIDENT Trustee or director, Officer | – | $0 |
| KI TAE CHUNG | TREASURER Trustee or director, Officer | – | $0 |
| STEPHEN UM | SECRETARY Trustee or director, Officer | – | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MI-EUN CHANG | PRESIDENT Trustee or director, Officer | – | $0 |
| KI TAE CHUNG | TREASURER Trustee or director, Officer | – | $0 |
| STEPHEN UM | SECRETARY Trustee or director, Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 3614 165TH ST APT 3AN, FLUSHING, NY 11358-2066
- Mailing address (990-N for 2020)
- 45-16 162ND ST STE 204, FLUSHING NY 11358
- Principal officer (990 for 2025)
- MI-EUN CHANG, 209-04 28TH RD, BAYSIDE, NY 11360
- Principal officer (990-N for 2020)
- MI-EUN CHANG, 209-04 28TH RD, BAYSIDE NY 11360
- Signed the 990
- MI-EUN CHANG, PRESIDENT
- Phone
- (917) 733-7387
- Return prepared by
- KWANG HO KIM CPA
Mission
THE JOSEPH SCHOLARSHIP FOUNDATION, INC. (THE "CORPORATION"), A CHARITABLE, RELIGIOUS, AND EDUCATIONAL ORGANIZATION WITHIN THE MEANING OF SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE, OPENS DOORS TO HIGHER EDUCATION THROUGH DIRECT ASSISTANCE PROGRAMS FOR STUDENTS AND THROUGH ACTIVE PARTICIPATION IN MANY ASPECTS OF THE TRI-STATE (NY/NJ/CT) METRO AREA.
Program accomplishments
- THE CORPORATION'S CORE ACTIVITY IS TO PROVIDE OUTRIGHT GRANTS TO STUDENTS IN CHRISTIAN FAMILIES FOR POSTSECONDARY EDUCATION AND THEOLOGICAL SEMINARIES. THE CORPORATION WILL DISTRIBUTE ANNUALLY, IN THE RANGE OF 2,000 TO 5,000 PER STUDENT, TO THE QUALIFIED STUDENTS WHO ARE PURSUING GRADUATE, BACHELORS, AND ASSOCIATE DEGREES INCLUDING THEOLOGICAL SEMINARIES.Expenses $4,050
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 | 990 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
- 85-4171307
- 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
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $709,358
- Income (IRS master file)
- $156,860
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $156,860 | $13,149 | $709,358 | IRS |
| 990 | December 2024 | $24,130 | $30,387 | $565,647 | IRS |
| 990 | December 2023 | $86,551 | $29,807 | $580,649 | XML |
| 990 | December 2022 | $18,202 | $34,025 | $523,905 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-N for 2020 Officer: MI-EUN CHANG | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
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 85-4171307).
Questions about JOSEPH SCHOLARSHIP FOUNDATION INC
- What is the EIN of JOSEPH SCHOLARSHIP FOUNDATION INC?
- The employer identification number (EIN) of JOSEPH SCHOLARSHIP FOUNDATION INC is 85-4171307.
- Is JOSEPH SCHOLARSHIP FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to JOSEPH SCHOLARSHIP FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does JOSEPH SCHOLARSHIP 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 JOSEPH SCHOLARSHIP FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did JOSEPH SCHOLARSHIP FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of JOSEPH SCHOLARSHIP FOUNDATION INC?
- The 990 for the year ended December 31, 2025 names MI-EUN CHANG.
- Who are the officers and directors of JOSEPH SCHOLARSHIP FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does JOSEPH SCHOLARSHIP FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $156,860, expenses of $13,149 and total assets of $709,358 at year end.
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