Nonprofit · EIN 88-0835470
LOTUS ACADEMY INC
Tax-exempt · WINCHESTER, MA 01890
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $796,931 | $626,284 | $170,647 | $311,697 | $48,239 | $263,458 |
| December 31, 2024 | 990-PF | $621,829 | $528,180 | $93,649 | $145,062 | $52,251 | $92,811 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Other income
- $796,931
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $335,654
- Disbursements for charitable purposes
- $626,284
Balance sheet and other
- Total assets, start of year
- $145,062
- Total assets, end of year
- $311,697
- Total liabilities, end of year
- $48,239
- Net assets, end of year
- $263,458
- Fair market value of assets
- $311,697
- Qualifying distributions
- $626,284
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 | Other / benefits |
|---|---|---|---|---|
| Brenda L Dolan 162R Washington Street, Winchester, MA 01890 | Program Director Highest-paid employee | 40 | $74,400 | $1,800 |
| Jianxin Gao 11 Wampum Road, Norton, MA 02766 | President | 1 | $0 | $0 |
| XiaoJing Pan 334 South Road, Bedford, MA 01730 | Treasurer | 1 | $0 | $0 |
| Lian Yu 12 Governors Avenue, Winchester, MA 01890 | Clerk | 2 | $0 | $0 |
| Wen-Luan Loh 15 Lowell Street, Lexington, MA 02420 | Director | 1 | $0 | $0 |
990-PF for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Brenda L Dolan 162R Washington Street, Winchester, MA 01890 | Program Director Highest-paid employee | 40 | $57,542 | $1,250 |
| Jianxin Gao 11 Wampum Road, Norton, MA 02766 | President | 15 | $0 | $0 |
| XiaoJing Pan 334 South Road, Bedford, MA 01730 | Treasurer | 10 | $0 | $0 |
| Lian Yu 12 Governors Avenue, Winchester, MA 01890 | Clerk | 40 | $0 | $0 |
| Wen Luan Loh 15 Lowell Street, Lexington, MA 02420 | Director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 162R WASHINGTON ST, WINCHESTER, MA 01890-2173
- In care of
- % LIAN YU
- Signed the 990-PF
- Lian Yu, Clerk
- Phone
- (781) 999-2784
- Return prepared by
- Jam-Pore Erich Ou CPA
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 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 88-0835470
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private operating foundation
- Donations deductible (Pub 78)
- Private operating foundation, 50% limit
- Exempt since
- 2024
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B20)
- Assets (IRS master file)
- $311,697
- Income (IRS master file)
- $796,931
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $796,931 | $626,284 | $311,697 | XML |
| 990-PF | December 2024 | $621,829 | $528,180 | $145,062 | XML |
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 88-0835470).
Questions about LOTUS ACADEMY INC
- What is the EIN of LOTUS ACADEMY INC?
- The employer identification number (EIN) of LOTUS ACADEMY INC is 88-0835470.
- Is LOTUS ACADEMY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to LOTUS ACADEMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
- Which annual return does LOTUS ACADEMY INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of LOTUS ACADEMY 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 LOTUS ACADEMY INC 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 LOTUS ACADEMY INC?
- The 990-PF for the year ended December 31, 2025 lists 5 people; 1 received compensation from the organization, the highest $74,400 (Brenda L Dolan, Program Director).
- How much revenue does LOTUS ACADEMY INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $796,931, expenses of $626,284 and total assets of $311,697 at year end.
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