Nonprofit · EIN 86-1971648
PRECISION HEALTH CENTER
Tax-exempt · LOS ANGELES, CA 90012
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,686,636 | $3,072,639 | $613,997 | $3,790,757 | $1,663,254 | $2,127,503 |
| December 31, 2023 | 990 | $4,668,274 | $3,389,367 | $1,278,907 | $2,626,540 | $1,113,035 | $1,513,505 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $3,432,997
- Investment income
- $104
- Other revenue
- $253,535
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $1,361,313
- Salaries, compensation and benefits (total)
- $1,515,282
- Professional fundraising fees
- $0
- Legal fees
- $34,084
- Accounting fees
- $15,000
- Occupancy
- $117,000
- Travel
- $144
- Depreciation
- $20,935
- Program services (functional)
- $3,072,639
Balance sheet and other
- Total assets, start of year
- $2,626,540
- Total assets, end of year
- $3,790,757
- Total liabilities, end of year
- $1,663,254
- Net assets, end of year
- $2,127,503
- Land, buildings and equipment
- $50,098
- Net assets without donor restrictions
- $2,127,503
- Gross receipts
- $3,686,636
- Employees
- 0
- Year formed
- 2021
- State of legal domicile
- CA
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JIMMY UNG | CEO Trustee or director, Officer | 40 | $0 |
| SPENCER WONG | Director Trustee or director | 2 | $0 |
| MABEL CHAN | Director Trustee or director | 2 | $0 |
| XIAYI ZHANG | Secretary Trustee or director, Officer | 2 | $0 |
| JESUS PARADA | VICE CHAIRPERSO Trustee or director | 2 | $0 |
| JOHN NEGRETE | Director Trustee or director | 2 | $0 |
| ASHLEY THOMPSON | Treasurer Trustee or director, Officer | 2 | $0 |
| JAMES MIN | Director Trustee or director | 2 | $0 |
| GEORGE YU | Director Trustee or director | 2 | $0 |
| HECTOR VERDUGO | Director Trustee or director | 2 | $0 |
| BRYAN RUIZ | CHAIRPERSON Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THAN LUU | CMO Trustee or director, Officer | 40 | $176,000 |
| JIMMY UNG | CEO Trustee or director, Officer | 40 | $112,000 |
| MABEL CHAN | Director Trustee or director | 2 | $0 |
| XIAYI ZHANG | Secretary Trustee or director, Officer | 2 | $0 |
| JESUS PARADA | VICE CHAIRPERSO Trustee or director | 2 | $0 |
| JOHN NEGRETE | Director Trustee or director | 2 | $0 |
| ASHLEY THOMPSON | Treasurer Trustee or director, Officer | 2 | $0 |
| HUNG DUONG | Director Trustee or director | 2 | $0 |
| GEORGE YU | Director Trustee or director | 2 | $0 |
| HECTOR VERDUGO | Director Trustee or director | 2 | $0 |
| BRYAN RUIZ | CHAIRPERSON Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 709 N HILL ST STE 18, LOS ANGELES, CA 90012-2352
- In care of
- % JIMMY UNG
- Principal officer (990 for 2024)
- JIMMY UNG, 709 N HILL STREET 18, LOS ANGELES, CA 90012
- Signed the 990
- JIMMY UNG, CEO
- Website
- WWW.PRECISIONHC.ORG
- Return prepared by
- Syntegric Advisors
California records
California keeps its own records of charities and corporations. Search them by EIN 86-1971648 or by the name PRECISION HEALTH CENTER.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
PROVIDE HEALTHCARE SERVICE FOR LOCAL COMMUNITY
Program accomplishments
- PROVIDE HEALTHCARE SERVICE FOR LOCAL COMMUNITYExpenses $3,072,639
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 | Not 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
- 86-1971648
- 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)
- Health care (E70)
- Assets (IRS master file)
- $3,790,757
- Income (IRS master file)
- $3,686,636
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,686,636 | $3,072,639 | $3,790,757 | XML |
| 990 | December 2023 | $4,668,274 | $3,389,367 | $2,626,540 | XML |
| 990 | December 2022 | $648,613 | $661,468 | $234,598 | IRS |
| 990-EZ | December 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 86-1971648).
Questions about PRECISION HEALTH CENTER
- What is the EIN of PRECISION HEALTH CENTER?
- The employer identification number (EIN) of PRECISION HEALTH CENTER is 86-1971648.
- Is PRECISION HEALTH CENTER tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to PRECISION HEALTH CENTER tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PRECISION HEALTH CENTER 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 PRECISION HEALTH CENTER 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 PRECISION HEALTH CENTER 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 PRECISION HEALTH CENTER?
- The 990 for the year ended December 31, 2024 names JIMMY UNG.
- Who are the officers and directors of PRECISION HEALTH CENTER?
- The 990 for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
- How much revenue does PRECISION HEALTH CENTER have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,686,636, expenses of $3,072,639 and total assets of $3,790,757 at year end.
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