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Nonprofit · EIN 88-3403879

MARAGIN HEALTH FOUNDATION

Tax-exempt · IRVING, TX 75038

Financials

$2.3M$1.3M2023
Revenue Expenses · by fiscal year end
Financials of MARAGIN HEALTH FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990$2,304,977$1,259,215$1,045,762$1,240,408$9,305$1,231,103
Financial details: 990 for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$2,300,000
Program service revenue
$0
Investment income
$4,977
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$27,292
Salaries, compensation and benefits (total)
$53,864
Professional fundraising fees
$0
Occupancy
$1,075,765
Travel
$10,649
Management and general (functional)
$1,259,215

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$1,240,408
Total liabilities, end of year
$9,305
Net assets, end of year
$1,231,103
Gross unrelated business income
$4,977
Gross receipts
$2,304,977
Employees
1
Volunteers
2
Year formed
2022
State of legal domicile
TX

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, 2023, highest compensation first.

NameTitleHours / weekCompensation
Hua TuCEO
Key employee
15$0

Address and contacts

Address (IRS master file)
1551 CORPORATE DR, IRVING, TX 75038-2431
In care of
% VICKIE TU
Mailing address (990-N for 2025)
1551 Corporate Drive, Irving TX 75038
Principal officer (990 for 2023)
Vickie Tu, 1551 Corporate Drive, Irving, TX 75038
Principal officer (990-N for 2025)
Vickie Tu, 1551 Corporate Drive, Irving TX 75038
Signed the 990
Vickie Tu, Director

Mission

Started in 2022 with mission to make meaningful contribution to science and therapeutics development Maragin operates similar to a university lab and collaborates with other university labs aiming to bridge the gap between scientific discovery and validation of therapeutic approaches. Organization has a goal of 20 academic collaborations 30 programs 50 papers and 5 proof-of-concept validations per year. Once developed and validated the therapeutic programs will graduate and move onto big pharma for further development. There is no venture capital or investor in what Maragin does. Therefore Maragin works on programs based on scientific merits and can take economically risky approaches which are often necessary for ground-breaking discovery and development.

990 for the year ended December 31, 2023

Program accomplishments

  • Initiated conversations with various academic labs for potential partnerships.0
  • Initiated laboratory space planning and set up laboratory benches0
  • Sourced some equipment0

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-N on file
2024December 31, 2024May 15, 2025990-N on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
88-3403879
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)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2025
Officer: Vickie Tu
December 31, 2025≤ $50,000 receipts––e-Postcard
990-N for 2024
Officer: Vickie Tu
December 31, 2024≤ $50,000 receipts––e-Postcard
990December 2023$2,304,977$1,259,215$1,240,408XML
990-N for 2022
Officer: Hua Tu
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 88-3403879).

Questions about MARAGIN HEALTH FOUNDATION

What is the EIN of MARAGIN HEALTH FOUNDATION?
The employer identification number (EIN) of MARAGIN HEALTH FOUNDATION is 88-3403879.
Is MARAGIN HEALTH FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to MARAGIN HEALTH FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MARAGIN HEALTH FOUNDATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of MARAGIN HEALTH 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 MARAGIN HEALTH FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
Who is the principal officer of MARAGIN HEALTH FOUNDATION?
The 990 for the year ended December 31, 2023 names Vickie Tu.
Who are the officers and directors of MARAGIN HEALTH FOUNDATION?
The 990 for the year ended December 31, 2023 lists 1 person; 0 received compensation from the organization.
How much revenue does MARAGIN HEALTH FOUNDATION have?
On its 990 for the year ended December 31, 2023 it reported revenue of $2,304,977, expenses of $1,259,215 and total assets of $1,240,408 at year end.

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