Nonprofit · EIN 86-2385013
POTENCIA INC
Tax-exempt · MALDEN, MA 02148
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $48,502 | $47,606 | $896 | $41,953 | $0 | $41,953 |
| December 31, 2024 | 990-EZ | $56,597 | $46,025 | $10,572 | $41,057 | $0 | $41,057 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $39,394
- Program service revenue
- $7,568
- Investment income
- $1,040
- Other revenue
- $500
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $32,280
- Salaries, compensation and benefits (total)
- $33,525
- Professional fees and payments to contractors
- $6,575
- Occupancy
- $500
- Printing, publications and postage
- $428
- Other expenses
- $6,578
- Program services (functional)
- $32,025
Balance sheet and other
- Total assets, start of year
- $41,057
- Total assets, end of year
- $41,953
- Total liabilities, end of year
- $0
- Net assets, end of year
- $41,953
- Cash, savings and investments
- $41,953
- Gross receipts
- $48,502
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JUNHYUNG YOON | PRESIDENT | 30 | $17,520 |
| YU WANG | TREASURER AND CLERK | 30 | $14,760 |
| BARSHA GAUTAM | DIRECTOR | 2 | $0 |
| ROBERT M MCTIGHE | DIRECTOR | 2 | $0 |
| ANA MARIA MEDINA | DIRECTOR | 2 | $0 |
| NIKOLAS ONOUFRIADIS | DIRECTOR | 2 | $0 |
990-EZ for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JUNHYUNG YOON | PRESIDENT | 30 | $17,060 |
| YU WANG | TREASURER AND CLERK | 30 | $14,530 |
| JOEL ARANSON | DIRECTOR | 2 | $0 |
| KATHERINE MANNING | DIRECTOR | 2 | $0 |
| ROBERT M MCTIGHE | DIRECTOR | 2 | $0 |
| CATHERINE POPPER | DIRECTOR | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 6 PLEASANT ST STE 227, MALDEN, MA 02148-5148
- In care of
- % YU WANG
- Mailing address (990-N for 2022)
- 6 PLEASANT ST STE 227, MALDEN MA 02148
- Principal officer (990-N for 2022)
- YU WANG, 6 PLEASANT ST STE 227, MALDEN MA 02148
- Signed the 990-EZ
- YU WANG, TREASURER AND CLERK
- Phone
- (617) 580-0176
- Website
- WWW.POTENCIAUS.ORG
- Return prepared by
- Simon John Klein
Mission
TO PROVIDE TUTOR TRAINING AND CURRICULUM DEVELOPMENT PROGRAMS FOR COLLEGE STUDENTS AND YOUNG PROFESSIONALS, AS WELL AS TO TEACH THE ENGLISH LANGUAGE TO IMMIGRANTS AND REFUGEES IN COMMUNITIES.
Program accomplishments
- PROVIDE ONLINE ENGLISH LANGUAGE TUTORING TO 127 ADULTS.Expenses $32,025 · grants $20,000
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 86-2385013
- 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-N (e-Postcard)
- Category (NTEE)
- Human services (P84)
- Assets (IRS master file)
- $41,953
- Income (IRS master file)
- $48,502
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $48,502 | $47,606 | $41,953 | IRS |
| 990-EZ | December 2024 | $56,597 | $46,025 | $41,057 | XML |
| 990-EZ | December 2023 | $41,562 | $18,838 | $30,485 | IRS |
| 990-N for 2022 Officer: YU WANG | December 31, 2022 | ≤ $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 86-2385013).
Questions about POTENCIA INC
- What is the EIN of POTENCIA INC?
- The employer identification number (EIN) of POTENCIA INC is 86-2385013.
- Is POTENCIA INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to POTENCIA INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does POTENCIA INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of POTENCIA 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 POTENCIA INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of POTENCIA INC?
- The 990-N for 2022 names YU WANG.
- Who are the officers and directors of POTENCIA INC?
- The 990-EZ for the year ended December 31, 2025 lists 6 people; 2 received compensation from the organization, the highest $17,520 (JUNHYUNG YOON, PRESIDENT).
- How much revenue does POTENCIA INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $48,502, expenses of $47,606 and total assets of $41,953 at year end.
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