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Nonprofit · EIN 87-3772258

ABACUS ACTUARIES NFP

Tax-exempt · CHICAGO, IL 60690

Financials

$68K$31K2024
Revenue Expenses · by fiscal year end
Financials of ABACUS ACTUARIES NFP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990-EZ$67,797$31,142$36,655$79,086$0$79,086
Financial details: 990-EZ for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$67,797
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fees and payments to contractors
$550
Other expenses
$30,592
Program services (functional)
$15,106

Balance sheet and other

Total assets, start of year
$42,431
Total assets, end of year
$79,086
Total liabilities, end of year
$0
Net assets, end of year
$79,086
Cash, savings and investments
$79,086
Gross receipts
$67,797

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-EZ for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
Sherry ChanNon-Executive Director3$0
Mark YuNon-Executive Director3$0
Ann ChaiNon-Executive Director3$0
Joyce WangNon-Executive Director3$0
Ying ZhaoNon-Executive Director3$0
Riddhi PatelDirector and Past President3$0
Charles LeiDirector and President3$0
Charles ZhuDirector and President-Elect3$0
Justin YapDirector and Treasurer3$0
Jonathan BoyleDirector and Secretary3$0
JianYu ChenDirector and Officer-at-Large3$0

Address and contacts

Address (IRS master file)
PO BOX 2104, CHICAGO, IL 60690-2104
In care of
% ABACUS ACTUARIES NFP
Mailing address (990-N for 2023)
PO Box 2104, Chicago IL 60690
Principal officer (990-N for 2023)
Wai Khan Yap, 2922 Northern Blvd, Long Island City NY 11101
Signed the 990-EZ
Jing Kai Ong, Treasurer
Phone
(608) 692-6657

Mission

THE ORGANIZATION WILL CULTIVATE UNDERSTANDING AND ACCEPTANCE OF ASIAN ACTUARIES BY DEVELOPING AND DISSEMINATING INFORMATION, CONDUCTING EDUCATIONAL AND MENTORING ACTIVITIES, HOSTING NETWORKING OPPORTUNITIES AND ENCOURAGING COLLEGIALITY.

990-EZ for the year ended June 30, 2025

Program accomplishments

  • HOSTED IN-PERSON NETWORKING EVENTS FOR LOCAL MEMBERS AND VOLUNTEEERS, ENGAGING 125 PARTICIPANTS. THESE GATHERINGS STRENGTHENED PROFESSIONAL CONNECTIONS, SUPPORTING THE ORGANIZATION'S GOAL OF EXPANDING ITS REGIONAL PRESENCE.
    Expenses $8,170
  • CONDUCTED A 6-MONTH MENTORSHIP PROGRAM WITH 124 PARTICIPANTS, OFFERING STRUCTURED NETWORKING AND PROFESSIONAL GUIDANCE. THIS PROGRAM ENHANCED ENGAGEMENT AMONG THE BROADER MEMBERSHIP OF 2310 MEMBERS, FOSTERING CROSS-COMPANY CONNECTIONS AND CAREER DEVELOPMENT.
    Expenses $3,450
  • HOSTED A JOINT VIRTUAL CAREER FAIR, ATTRACTING 145 JOB SEEKERS. THE EVENT PROVIDED CAREER OPPORTUNITIES AND RAISED AWARENESS OF THE ORGANIZATION'S MISSION IN THE ACTUARIAL COMMUNITY.
    Expenses $3,000
  • HELD IN-PERSON EVENTS RECOGNIZING VOLUNTEERS FOR THEIR CONTRIBUTIONS, ENGAGING 164 PARTICIPANTS AND STRENGTHENING COMMITMENT TO ONGOING SERVICE TO THE ORGANIZATION.
    Expenses $486

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990-EZ on file
2023June 30, 2024November 15, 2024990-N on file

IRS record

EIN
87-3772258
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
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$79,086
Income (IRS master file)
$67,797

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZJune 2025$67,797$31,142$79,086XML
990-N for 2023
Officer: Wai Khan Yap
June 30, 2024≤ $50,000 receipts––e-Postcard
990-N for 2022
Officer: Wai Khan Yap
June 30, 2023≤ $50,000 receipts––e-Postcard

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 87-3772258).

Questions about ABACUS ACTUARIES NFP

What is the EIN of ABACUS ACTUARIES NFP?
The employer identification number (EIN) of ABACUS ACTUARIES NFP is 87-3772258.
Is ABACUS ACTUARIES NFP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to ABACUS ACTUARIES NFP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ABACUS ACTUARIES NFP 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 ABACUS ACTUARIES NFP due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ABACUS ACTUARIES NFP last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
Who is the principal officer of ABACUS ACTUARIES NFP?
The 990-N for 2023 names Wai Khan Yap.
Who are the officers and directors of ABACUS ACTUARIES NFP?
The 990-EZ for the year ended June 30, 2025 lists 11 people; 0 received compensation from the organization.
How much revenue does ABACUS ACTUARIES NFP have?
On its 990-EZ for the year ended June 30, 2025 it reported revenue of $67,797, expenses of $31,142 and total assets of $79,086 at year end.

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