Nonprofit · EIN 87-4707572
VOLTA FOUNDATION INC
Tax-exempt · LOS ANGELES, CA 90025
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,408,447 | $1,477,625 | -$69,178 | $36,717 | $140,247 | -$103,530 |
| December 31, 2024 | 990 | $1,207,447 | $1,271,656 | -$64,209 | $63,707 | $56,996 | $6,711 |
| December 31, 2023 | 990 | $460,846 | $408,117 | $52,729 | $88,350 | $17,430 | $70,920 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,408,313
- Investment income
- $0
- Other revenue
- $134
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $405,808
- Salaries, compensation and benefits (total)
- $447,799
- Professional fundraising fees
- $0
- Legal fees
- $299
- Accounting fees
- $7,200
- Occupancy
- $558
- Travel
- $53,185
- Depreciation
- $600
- Program services (functional)
- $1,477,025
Balance sheet and other
- Total assets, start of year
- $63,707
- Total assets, end of year
- $36,717
- Total liabilities, end of year
- $140,247
- Net assets, end of year
- -$103,530
- Land, buildings and equipment
- $1,348
- Net assets without donor restrictions
- -$103,530
- Gross receipts
- $1,408,447
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2022
- State of legal domicile
- CA
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| YEH YEN | EXECUTIVE DIRECTOR Trustee or director | 40 | $165,000 |
| Dana Bubonovich | DIRECTOR Trustee or director | 40 | $157,278 |
| Michael Liu | DIRECTOR Trustee or director | 40 | $99,267 |
| Lauren Allanson | DIRECTOR Trustee or director | 40 | $37,398 |
| PHILLIP HEGE | DIRECTOR Trustee or director | 2 | $0 |
| LINDA JING | DIRECTOR Trustee or director | 2 | $0 |
| SIYI ZHANG | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| YEH YEN | EXECUTIVE DIRECTOR Trustee or director | 40 | $135,000 |
| PHILLIP HEGE | DIRECTOR Trustee or director | 2 | $0 |
| LINDA JING | DIRECTOR Trustee or director | 2 | $0 |
| SIYI ZHANG | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| YEH YEN | EXECUTIVE DIRECTOR Trustee or director | 40 | $70,000 |
| PHILLIP HEGE | DIRECTOR Trustee or director | 2 | $0 |
| LINDA JING | DIRECTOR Trustee or director | 2 | $0 |
| SIYI ZHANG | DIRECTOR Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 11750 WILSHIRE BLVD APT 3206, LOS ANGELES, CA 90025-7162
- Principal officer (990 for 2025)
- Phillip Hege, 11870 Santa Monica Blvd 106-458, LOS ANGELES, CA 90025
- Signed the 990
- Phillip Hege, Board & Managing Director
- Phone
- (650) 250-6300
- Return prepared by
- ASNANI CPA
California records
California keeps its own records of charities and corporations. Search them by EIN 87-4707572 or by the name VOLTA FOUNDATION INC.
- 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)
Mission
VOLTA FOUNDATION BRINGS AWARENESS TO THE BATTERY, ENERGY STORAGE INDUSTRY AND IMPROVES BUSINESS CONDITIONS TO FURTHER CLEAN ENERGY GOALS. BUILD COMMUNITY, HELP BUILD THE NEXT GENERATION OF TALENT CREATE RESOURCES FOR THE ECOSYSTEM INCLUDING INDUSTRY, ACADEMIA, FINANCE AND POLICY.
Program accomplishments
- Host monthly community building events for battery industry professionals.Expenses $1,477,025 · revenue $1,408,313
- Published serveral publications, including weekly industry newsletter, and an annual State of the Industry report.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 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
- 87-4707572
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2023
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S40)
- Assets (IRS master file)
- $36,717
- Income (IRS master file)
- $1,408,447
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,408,447 | $1,477,625 | $36,717 | IRS |
| 990 | December 2024 | $1,207,447 | $1,271,656 | $63,707 | IRS |
| 990 | December 2023 | $460,846 | $408,117 | $88,350 | XML |
| 990-EZ | December 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 87-4707572).
Questions about VOLTA FOUNDATION INC
- What is the EIN of VOLTA FOUNDATION INC?
- The employer identification number (EIN) of VOLTA FOUNDATION INC is 87-4707572.
- Is VOLTA FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2023.
- Are donations to VOLTA FOUNDATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does VOLTA FOUNDATION 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 VOLTA FOUNDATION INC 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 VOLTA FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of VOLTA FOUNDATION INC?
- The 990 for the year ended December 31, 2025 names Phillip Hege.
- Who are the officers and directors of VOLTA FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 7 people; 4 received compensation from the organization, the highest $165,000 (YEH YEN, EXECUTIVE DIRECTOR).
- How much revenue does VOLTA FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,408,447, expenses of $1,477,625 and total assets of $36,717 at year end.
Other nonprofits in LOS ANGELES
- COMMUNITY PARTNERS EIN 95-4302067 · last filed 990 for 2025
- DREAM MACHINE INNOVATION SO INC EIN 99-2970860 · last filed 990 for 2024
- PACIFIC ASIAN CONSORTIUM IN EMPLOYMENT EIN 51-0192025 · last filed 990 for 2025
- CENTER FOR STRATEGIC ECONOMIC STUDIES AND INSTITUTIONAL DVLP INC EIN 52-2135889 · last filed 990 for 2025
- LOS ANGELES TOURISM MARKETING DISTRICT CORPORATION EIN 45-3080034 · last filed 990 for 2024
- GENESIS LA ECONOMIC GROWTH CORPORATION EIN 95-4712513 · last filed 990 for 2025
- COMMUNITY COALITION FOR SUBSTANCE ABUSE PREVENTION & TREATMENT EIN 95-4298811 · last filed 990 for 2024
- SOUTHERN CALIFORNIA CENTER FOR NONPROFIT MANAGEMENT EIN 95-3357253 · last filed 990 for 2025
All nonprofits in LOS ANGELES · California · Community improvement and capacity building