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Nonprofit · EIN 87-2240771

YOUNG TALENT DEVELOPMENT FOUNDATION INC

Also known as YTDF

Tax-exempt · BOTHELL, WA 98021

Financials

$18K$18K2023$20K$20K2024
Revenue Expenses · by fiscal year end
Financials of YOUNG TALENT DEVELOPMENT FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$19,522$19,522$0$6,919$0$6,919
December 31, 2023990$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.

NameTitleHours / weekCompensation
UDAI BHAN SINGHCEO & PRESIDENT
Officer
0$0
NIKHIL PATNIDIRECTOR
Officer
0$0
PANKAJ MOHINDRUDIRECTOR
Officer
0$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
PANKAJ MOHINDRUDIRECTOR
Officer
0$0
NIKHIL PATNIDIRECTOR
Officer
0$0
UDAI BHAN SINGHCEO & 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.

990 for the year ended December 31, 2024

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 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
87-2240771
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

FormYear endedRevenueExpensesAssetsReturn
990December 2024$19,522$19,522$6,919XML
990December 2023$17,556$17,606$6,919XML
990December 2022$16,191$9,222$13,177IRS
990December 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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