Nonprofit · EIN 87-2240771
YOUNG TALENT DEVELOPMENT FOUNDATION INC
Also known as YTDF
Tax-exempt · BOTHELL, WA 98021
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $19,522 | $19,522 | $0 | $6,919 | $0 | $6,919 |
| December 31, 2023 | 990 | $17,556 | $17,606 | -$50 | $6,919 | $0 | $6,919 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $19,522
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $925
- Travel
- $2,324
- Program services (functional)
- $19,522
Balance sheet and other
- Total assets, start of year
- $6,919
- Total assets, end of year
- $6,919
- Total liabilities, end of year
- $0
- Net assets, end of year
- $6,919
- Net assets without donor restrictions
- $6,919
- Gross receipts
- $19,522
- Employees
- 0
- Year formed
- 2021
- State of legal domicile
- WA
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 |
|---|---|---|---|
| UDAI BHAN SINGH | CEO & PRESIDENT Officer | 0 | $0 |
| NIKHIL PATNI | DIRECTOR Officer | 0 | $0 |
| PANKAJ MOHINDRU | DIRECTOR Officer | 0 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PANKAJ MOHINDRU | DIRECTOR Officer | 0 | $0 |
| NIKHIL PATNI | DIRECTOR Officer | 0 | $0 |
| UDAI BHAN SINGH | CEO & PRESIDENT Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 22611 39TH AVE SE, BOTHELL, WA 98021-7943
- In care of
- % NIKHIL PATNI
- Signed the 990
- NIKHIL PATNI, CEO & PRESIDENT
- Phone
- (425) 558-7505
- Return prepared by
- ARUN K ARORA CPA
Mission
Enhance the dreams of talented minority kids providing a platform to achieve their goals. The focus will be on kids aged 7-20 with early intervention and participation in activities with other Orgs in the same demographics to be future leaders.
Program accomplishments
- We started charitable activities starting in 2022 and have supported indivduals and organization with necessary tools.Expenses $19,522
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 | 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
- 87-2240771
- 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 (P30)
- Assets (IRS master file)
- $6,919
- Income (IRS master file)
- $19,522
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $19,522 | $19,522 | $6,919 | XML |
| 990 | December 2023 | $17,556 | $17,606 | $6,919 | XML |
| 990 | December 2022 | $16,191 | $9,222 | $13,177 | IRS |
| 990 | 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 87-2240771).
Questions about YOUNG TALENT DEVELOPMENT FOUNDATION INC
- What is the EIN of YOUNG TALENT DEVELOPMENT FOUNDATION INC?
- The employer identification number (EIN) of YOUNG TALENT DEVELOPMENT FOUNDATION INC is 87-2240771.
- Is YOUNG TALENT DEVELOPMENT FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to YOUNG TALENT DEVELOPMENT FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does YOUNG TALENT DEVELOPMENT FOUNDATION INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of YOUNG TALENT DEVELOPMENT FOUNDATION 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 YOUNG TALENT DEVELOPMENT FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who are the officers and directors of YOUNG TALENT DEVELOPMENT FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does YOUNG TALENT DEVELOPMENT FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $19,522, expenses of $19,522 and total assets of $6,919 at year end.
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