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Nonprofit · EIN 86-0923295

TAO FELLOWSHIP

Tax-exempt · SEDONA, AZ 86336

Financials

$4.8M$4.7M2023$4.4M$4.7M2024
Revenue Expenses · by fiscal year end
Financials of TAO FELLOWSHIP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,376,664$4,747,559-$370,895$19,404,073$658,661$18,745,412
December 31, 2023990$4,771,051$4,710,281$60,770$19,607,283$617,188$18,990,095
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$453,617
Program service revenue
$3,534,686
Investment income
$178,219
Net income from sales of inventory
$162,584
Other revenue
$210,142

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$47,571
Other salaries and wages
$1,529,353
Salaries, compensation and benefits (total)
$1,764,276
Professional fundraising fees
$0
Accounting fees
$35,240
Occupancy
$1,157,605
Travel
$103,431
Depreciation
$582,873
Program services (functional)
$4,267,292
Management and general (functional)
$426,220
Fundraising (functional)
$54,047

Balance sheet and other

Total assets, start of year
$19,607,283
Total assets, end of year
$19,404,073
Total liabilities, end of year
$658,661
Net assets, end of year
$18,745,412
Land, buildings and equipment
$16,004,188
Publicly traded securities
$1,700,629
Gross unrelated business income
$1,523,716
Gross receipts
$4,448,639
Employees
55
Volunteers
4
Year formed
1998
State of legal domicile
AZ

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
Min Jung KimSecretary & Treasurer
Trustee or director
30$44,071
Kyung Run KimDirector, President
Trustee or director
2$3,500
Eun Mi LeeDirector
Trustee or director
0$0
Jung Eun SonDirector
Trustee or director
0$0
Jae Ok KimDirector
Trustee or director
0$0
Seung Heun LeeDirector
Trustee or director
1$0
Joung Han LeeDirector
Trustee or director
0$0
Joung Won LeeDirector
Trustee or director
0$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
Min Jung KimSecretary & Treasurer
Trustee or director
30$42,810
Kyung Run KimDirector, President
Trustee or director
2$0
Eun Mi LeeDirector
Trustee or director
2$0
Jung Eun SonDirector
Trustee or director
2$0
Jae Ok KimDirector
Trustee or director
1$0
Seung Heun LeeDirector
Trustee or director
1$0
Joung Han LeeDirector
Trustee or director
1$0
Joung Won LeeDirector
Trustee or director
1$0

Address and contacts

Address (IRS master file)
3500 E BILL GRAY RD, SEDONA, AZ 86336-9186
In care of
% VICKIE OH
Principal officer (990 for 2024)
Kyung Run Kim, 3500 E Bill Gray Rd, Sedona, AZ 86336
Signed the 990
Min J Kim, Secretary
Phone
(928) 204-3386
Return prepared by
Anthony Choi CPA PC

Mission

Love Humanity, Love the Earth. In pursuing this mission, dedicated to inspiring healing, transformation, and spiritual growth through Taoist-based programs that foster harmony of mind, body, and spirit, and deepen connection with nature through educational retreats and community initiatives.

990 for the year ended December 31, 2024

Program accomplishments

  • The training programs educate individuals in the principles and spiritual practices of Taoism through retreats and intensive courses. These programs include spiritual direction, healing, meditation, and the study of ancient scriptures to support personal transformation and holistic growth, providing guidance for applying these teachings in daily life and within their home and community environments.
    Expenses $2,559,291 · revenue $1,847,240
  • Leadership trainings teach Tao-based healing, Qigong, and meditation techniques, cultivating the skills and mindset needed to become compassionate and capable leaders who embody Tao principles in daily life and community service.
    Expenses $104,132 · revenue $132,109
  • To maximize the use of its facilities, the organization allows other groups in the yoga and spiritual communities to hold their workshops, retreats, and trainings at the retreat center. While these programs are independently organized, Tao instructors occasionally offer classes during their stay, allowing participants to naturally experience and learn aspects of the Taoist lifestyle.
    Expenses $1,481,158 · revenue $1,523,716
  • Online classes and workshops.
    Expenses $122,711 · revenue $31,621

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
86-0923295
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
1998
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Religion-related (X99)
Assets (IRS master file)
$19,404,073
Income (IRS master file)
$4,448,639

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,376,664$4,747,559$19,404,073XML
990-TDecember 2024–––IRS
990December 2023$4,771,051$4,710,281$19,607,283XML
990-TDecember 2023–––IRS
990December 2022$4,700,014$4,831,196$19,682,216IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 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 86-0923295).

Questions about TAO FELLOWSHIP

What is the EIN of TAO FELLOWSHIP?
The employer identification number (EIN) of TAO FELLOWSHIP is 86-0923295.
Is TAO FELLOWSHIP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to TAO FELLOWSHIP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TAO FELLOWSHIP 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 TAO FELLOWSHIP 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 TAO FELLOWSHIP 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 TAO FELLOWSHIP?
The 990 for the year ended December 31, 2024 names Kyung Run Kim.
Who are the officers and directors of TAO FELLOWSHIP?
The 990 for the year ended December 31, 2024 lists 8 people; 2 received compensation from the organization, the highest $44,071 (Min Jung Kim, Secretary & Treasurer).
How much revenue does TAO FELLOWSHIP have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,376,664, expenses of $4,747,559 and total assets of $19,404,073 at year end.

Other nonprofits in SEDONA

All nonprofits in SEDONA · Arizona · Religion-related