Nonprofit · EIN 88-0983779
LILYLI FUTURE FOUNDATION INC
Tax-exempt · NEW YORK, NY 10022
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $43,500 | $65,388 | -$21,888 | $5,976 | $180,635 | -$194,659 |
| December 31, 2024 | 990-EZ | $40,000 | $102,154 | -$62,154 | $33,412 | $206,183 | -$172,771 |
| December 31, 2023 | 990-EZ | $46,000 | $156,617 | -$110,617 | $3,774 | $114,391 | -$110,617 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $43,500
Expenses
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $16,183
- Professional fees and payments to contractors
- $3,600
- Occupancy
- $32,404
- Other expenses
- $13,201
Balance sheet and other
- Total assets, start of year
- $33,412
- Total assets, end of year
- $5,976
- Total liabilities, end of year
- $180,635
- Net assets, end of year
- -$194,659
- Cash, savings and investments
- $5,976
- Gross receipts
- $43,500
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| YANCHUN LI | DIRECTOR | 35 | $0 |
| YANCHUN LI | PRESIDENT | 35 | $0 |
990-EZ for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| YANCHUN LI | PRESIDENT | 35 | $0 |
990-EZ for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| YANCHUN LI | PRESIDENT | 35 | $0 |
Address and contacts
- Address (IRS master file)
- 501 MADISON AVE, NEW YORK, NY 10022-5602
- In care of
- % YANCHUN LI
- Mailing address (990-N for 2022)
- 415 E 37TH ST APT 43F, NEW YORK NY 10016
- Principal officer (990-N for 2022)
- YANCHUN LI, 415 E 37th ST Room/Suite 43F, NEW YORK NY 10016
- Signed the 990-EZ
- YANCHUN LI, PRESIDENT
- Phone
- (212) 750-8161
- Return prepared by
- STEPHEN M SMITH & COMPANY
Mission
EMPOWERING THE NEXT GENERATION TO CREATE A BETTER FUTURE FOR THE WORLD
Program accomplishments
- EMPOWERING THE NEXT GENERATION TO CREATE A BETTER FUTURE FOR THE WORLD
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 88-0983779
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Arts, culture and humanities (A20)
- Assets (IRS master file)
- $5,976
- Income (IRS master file)
- $43,500
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $43,500 | $65,388 | $5,976 | XML |
| 990-EZ | December 2024 | $40,000 | $102,154 | $33,412 | IRS |
| 990-EZ | December 2023 | $46,000 | $156,617 | $3,774 | XML |
| 990-N for 2022 Officer: YANCHUN LI | December 31, 2022 | ≤ $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 88-0983779).
Questions about LILYLI FUTURE FOUNDATION INC
- What is the EIN of LILYLI FUTURE FOUNDATION INC?
- The employer identification number (EIN) of LILYLI FUTURE FOUNDATION INC is 88-0983779.
- Is LILYLI FUTURE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to LILYLI FUTURE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LILYLI FUTURE FOUNDATION INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of LILYLI FUTURE 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 LILYLI FUTURE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of LILYLI FUTURE FOUNDATION INC?
- The 990-N for 2022 names YANCHUN LI.
- Who are the officers and directors of LILYLI FUTURE FOUNDATION INC?
- The 990-EZ for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does LILYLI FUTURE FOUNDATION INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $43,500, expenses of $65,388 and total assets of $5,976 at year end.
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