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Nonprofit · EIN 85-4261456

ZHAO-CHEN FAMILY FOUNDATION INC

Tax-exempt · MIAMI, FL 33179

Financials

$25.5M$2.8M2023$40.1M$3.3M2024
Revenue Expenses · by fiscal year end
Financials of ZHAO-CHEN FAMILY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$40,065,733$3,334,351$36,731,382$86,257,032$0$86,257,032
December 31, 2023990-PF$25,539,739$2,849,659$22,690,080$62,530,356$0$62,530,356
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$25,895,479
Dividends
$1,858,059
Interest
$4,203
Net gain from sales of assets
$13,122,122
Other income
-$814,130

Expenses

Grants and similar amounts paid
$2,049,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$2,156,723
Excise tax on investment income
$193,042

Balance sheet and other

Total assets, start of year
$62,530,356
Total assets, end of year
$86,257,032
Total liabilities, end of year
$0
Net assets, end of year
$86,257,032
Fair market value of assets
$86,181,006
Qualifying distributions
$2,156,723
Net investment income
$15,060,325

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 / weekCompensation
PENG ZHAO
382 NE 191ST ST PMB 45801, MIAMI, FL 331793899
PRESIDENT, SECRETARY AND TREASURER1$0
990-PF for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
PENG ZHAO
382 NE 191ST ST PMB 45801, MIAMI, FL 331793899
PRESIDENT, SECRETARY AND TREASURER1$0

Address and contacts

Address (IRS master file)
382 NE 191ST ST PMB 45801, MIAMI, FL 33179-3899
In care of
% DAVID M ALLEN
Signed the 990-PF
PENG ZHAO, DIRECTOR
Phone
(415) 237-3974
Return prepared by
FGMK LLC

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
85-4261456
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
2021
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$86,257,032
Income (IRS master file)
$59,782,494

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$40,065,733$3,334,351$86,257,032XML
990-TDecember 2024–––IRS
990-PFDecember 2023$25,539,739$2,849,659$62,530,356XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––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 85-4261456).

Questions about ZHAO-CHEN FAMILY FOUNDATION INC

What is the EIN of ZHAO-CHEN FAMILY FOUNDATION INC?
The employer identification number (EIN) of ZHAO-CHEN FAMILY FOUNDATION INC is 85-4261456.
Is ZHAO-CHEN FAMILY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to ZHAO-CHEN FAMILY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does ZHAO-CHEN FAMILY FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of ZHAO-CHEN FAMILY FOUNDATION INC 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 ZHAO-CHEN FAMILY FOUNDATION INC 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 ZHAO-CHEN FAMILY FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
How much revenue does ZHAO-CHEN FAMILY FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $40,065,733, expenses of $3,334,351 and total assets of $86,257,032 at year end.

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