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Nonprofit · EIN 87-1215471

FORMOSA TAIWAN INC

Tax-exempt · LAS VEGAS, NV 89123

Financials

$2.1M$24K2023$205K$600K2024
Revenue Expenses · by fiscal year end
Financials of FORMOSA TAIWAN INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$205,127$599,927-$394,800$2,679,729$0$2,679,729
December 31, 2023990$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.

NameTitleHours / weekCompensation
Clara Lanting YangPresident / Treasurer
Trustee or director, Officer
30$0
Kuang Chou ChenSecretary
Trustee or director, Officer
5$0
Shaowen TouDirector
Trustee or director
5$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
Clara Lanting YangPresident / Treasurer
Trustee or director, Officer
30$0
Kuang Chou ChenSecretary
Trustee or director, Officer
5$0
Shaowen TouDirector
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.

990 for the year ended December 31, 2024

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 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
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

FormYear endedRevenueExpensesAssetsReturn
990December 2024$205,127$599,927$2,679,729XML
990December 2023$2,119,489$23,533$3,074,529XML
990December 2022$840,888$39,966$946,513IRS
990-EZDecember 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.

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