Nonprofit · EIN 87-2317592
OPTIMISM FOUNDATION
Tax-exempt · MILPITAS, CA 95035
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $16,247 | $105,538 | -$89,291 | $1,185,008 | -$2,368 | $1,187,376 |
| July 31, 2024 | 990-PF (amended) | $3,363 | $63,547 | -$60,184 | $168,256 | $7,876 | $160,380 |
| July 31, 2023 | 990-PF (amended) | $9,873 | $47,855 | -$37,982 | $891,880 | $96,309 | $795,571 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $2,300
- Dividends
- $13,947
Expenses
- Grants and similar amounts paid
- $0
- Excise tax on investment income
- $7,044
Balance sheet and other
- Total assets, start of year
- $142,888
- Total assets, end of year
- $1,185,008
- Total liabilities, end of year
- -$2,368
- Net assets, end of year
- $1,187,376
- Fair market value of assets
- $1,247,270
- Net investment income
- $512,657
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-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROLAND SUN 4760 MOUNTAIRE PL, SAN JOSE, CA 95138 | TRUSTEE | 0 | $0 |
990-PF for the year ended July 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROLAND SUN 4760 MOUNTAIRE PL, SAN JOSE, CA 95138 | TRUSTEE | 0 | $0 |
990-PF for the year ended July 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROLAND SUN 4760 MOUNTAIRE PL, SAN JOSE, CA 95138 | TRUSTEE | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1090 S MILPITAS BLVD UNIT 202, MILPITAS, CA 95035-6307
- In care of
- % ROLAND SUN
- Signed the 990-PF
- ROLAND SUN, CEO
- Phone
- (510) 516-9968
- Return prepared by
- CL TAX & ACCOUNTING SERVICE IN
California records
California keeps its own records of charities and corporations. Search them by EIN 87-2317592 or by the name OPTIMISM FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | Check at the IRS |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 87-2317592
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $1,185,008
- Income (IRS master file)
- $16,247
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $16,247 | $105,538 | $1,185,008 | XML |
| 990-PF | July 2024 | $3,363 | $63,547 | $168,256 | XML |
| 990-PF | July 2023 | $9,873 | $47,855 | $891,880 | XML |
| 990-PF | July 2022 | – | – | – | 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 87-2317592).
Questions about OPTIMISM FOUNDATION
- What is the EIN of OPTIMISM FOUNDATION?
- The employer identification number (EIN) of OPTIMISM FOUNDATION is 87-2317592.
- Is OPTIMISM FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to OPTIMISM FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does OPTIMISM FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of OPTIMISM FOUNDATION 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 OPTIMISM FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of OPTIMISM FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
- How much revenue does OPTIMISM FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $16,247, expenses of $105,538 and total assets of $1,185,008 at year end.
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