Nonprofit · EIN 87-1215471
FORMOSA TAIWAN INC
Tax-exempt · LAS VEGAS, NV 89123
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $205,127 | $599,927 | -$394,800 | $2,679,729 | $0 | $2,679,729 |
| December 31, 2023 | 990 | $2,119,489 | $23,533 | $2,095,956 | $3,074,529 | $0 | $3,074,529 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $66,500
- Program service revenue
- $0
- Investment income
- $138,627
- Net gain from sales of assets
- $137,962
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $114,100
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $3,850
- Occupancy
- $131,828
- Travel
- $6,783
- Program services (functional)
- $124,781
- Management and general (functional)
- $475,146
Balance sheet and other
- Total assets, start of year
- $3,074,529
- Total assets, end of year
- $2,679,729
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,679,729
- Land, buildings and equipment
- $2,576,764
- Publicly traded securities
- $100,409
- Net assets without donor restrictions
- $2,679,729
- Gross receipts
- $292,052
- Employees
- 0
- Volunteers
- 80
- Year formed
- 2021
- State of legal domicile
- NV
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 |
|---|---|---|---|
| Clara Lanting Yang | President / Treasurer Trustee or director, Officer | 30 | $0 |
| Kuang Chou Chen | Secretary Trustee or director, Officer | 5 | $0 |
| Shaowen Tou | Director Trustee or director | 5 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Clara Lanting Yang | President / Treasurer Trustee or director, Officer | 30 | $0 |
| Kuang Chou Chen | Secretary Trustee or director, Officer | 5 | $0 |
| Shaowen Tou | Director Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 8484 PALMADA DR, LAS VEGAS, NV 89123-2372
- In care of
- % LAN TIN YANG
- Principal officer (990 for 2024)
- Clara Yang, 8484 Palmada Dr, Las Vegas, NV 89123
- Signed the 990
- Clara Yang, President
- Phone
- (626) 248-6581
- Return prepared by
- Foundation Group Inc
Mission
Educate American Taiwanese and the neighborhood to inherit and preserve Taiwanese culture and help others.
Program accomplishments
- The organization put on cultural event celebrations in the Las Vegas area to education on Taiwanese culture. Such events include the Lunar New Years, Dragon Boat Festival, Moon Festival, and Christmas.Expenses $124,781 · grants $114,100
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
- 87-1215471
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $2,679,729
- Income (IRS master file)
- $292,052
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $205,127 | $599,927 | $2,679,729 | XML |
| 990 | December 2023 | $2,119,489 | $23,533 | $3,074,529 | XML |
| 990 | December 2022 | $840,888 | $39,966 | $946,513 | 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 87-1215471).
Questions about FORMOSA TAIWAN INC
- What is the EIN of FORMOSA TAIWAN INC?
- The employer identification number (EIN) of FORMOSA TAIWAN INC is 87-1215471.
- Is FORMOSA TAIWAN INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to FORMOSA TAIWAN INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FORMOSA TAIWAN 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 FORMOSA TAIWAN 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 FORMOSA TAIWAN INC 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 FORMOSA TAIWAN INC?
- The 990 for the year ended December 31, 2024 names Clara Yang.
- Who are the officers and directors of FORMOSA TAIWAN INC?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does FORMOSA TAIWAN INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $205,127, expenses of $599,927 and total assets of $2,679,729 at year end.
Other nonprofits in LAS VEGAS
- UNITED MOVEMENT ORGANIZED KINDNESS EIN 38-3862033 · last filed 990 for 2024
- CAMPUS FOR HOPE FOUNDATION EIN 99-2828800 · last filed 990 for 2025
- LAS VEGAS-CLARK COUNTY URBAN LEAGUE CAA EIN 20-0873314 · last filed 990 for 2025
- CATHOLIC CHARITIES OF SOUTHERN NEVADA EIN 88-0059425 · last filed 990 for 2025
- NATHAN ADELSON HOSPICE INC EIN 88-0161009 · last filed 990 for 2024
- GAY AND LESBIAN COMMUNITY CENTER OF SOUTHERN NEVADA INC EIN 94-3192750 · last filed 990 for 2025
- SAGEBRUSH HEALTH SERVICES EIN 87-2737450 · last filed 990-PF for 2024
- HELP OF SOUTHERN NEVADA EIN 88-0108496 · last filed 990 for 2025