Nonprofit · EIN 91-2169645
TSOONG FAMILY FOUNDATION
Tax-exempt · CORONA DL MAR, CA 92625
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $6,681 | $12,665 | -$5,984 | $85,696 | $0 | $85,696 |
| December 31, 2023 | 990-PF | $1,038 | $12,661 | -$11,623 | $91,680 | $0 | $91,680 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $3,767
- Interest
- $158
- Net gain from sales of assets
- $2,756
Expenses
- Grants and similar amounts paid
- $12,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $12,000
- Excise tax on investment income
- $84
Balance sheet and other
- Total assets, start of year
- $91,680
- Total assets, end of year
- $85,696
- Total liabilities, end of year
- $0
- Net assets, end of year
- $85,696
- Fair market value of assets
- $101,936
- Qualifying distributions
- $12,000
- Net investment income
- $6,681
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID TSOONG 2115 BAYSIDE DR, CORONA DEL MAR, CA 92625 | PRESIDENT | 0 | $0 |
990-PF for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID TSOONG 2115 BAYSIDE DR, CORONA DEL MAR, CA 92625 | PRESIDENT | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 2115 BAYSIDE DR, CORONA DL MAR, CA 92625-1951
- In care of
- % DAVID L TSOONG
- Signed the 990-PF
- DAVID L TSOONG, PRESIDENT
- Phone
- (714) 328-1808
- Return prepared by
- GELMAN LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 91-2169645 or by the name TSOONG FAMILY FOUNDATION.
- 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)
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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 91-2169645
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2002
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $85,696
- Income (IRS master file)
- $22,848
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $6,681 | $12,665 | $85,696 | XML |
| 990-PF | December 2023 | $1,038 | $12,661 | $91,680 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 91-2169645).
Questions about TSOONG FAMILY FOUNDATION
- What is the EIN of TSOONG FAMILY FOUNDATION?
- The employer identification number (EIN) of TSOONG FAMILY FOUNDATION is 91-2169645.
- Is TSOONG FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to TSOONG FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does TSOONG FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of TSOONG FAMILY FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TSOONG FAMILY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of TSOONG FAMILY FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
- How much revenue does TSOONG FAMILY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $6,681, expenses of $12,665 and total assets of $85,696 at year end.
Other nonprofits in CORONA DL MAR
- SAMUELI FOUNDATION EIN 33-0758237 · last filed 990-PF for 2024
- TSAO FAMILY FOUNDATION EIN 20-2043022 · last filed 990-PF for 2024
- JOSEPHINE HERBERT GLEIS FOUNDATION EIN 33-0876494 · last filed 990-PF for 2024
- ERIC AND SHEILA SAMSON FOUNDATION EIN 84-5193506 · last filed 990-PF for 2025
- GOCHNAUER FAMILY FOUNDATION EIN 33-0833479 · last filed 990-PF for 2025
- OSPREYTREE FOUNDATION EIN 82-3316453 · last filed 990-PF for 2025
- LYONS SMITH FAM FOUNDATION EIN 61-6337565 · last filed 990-PF for 2025
- HERBERT FAMILY FOUNDATION EIN 56-2337949 · last filed 990-PF for 2024
All nonprofits in CORONA DL MAR · California · Philanthropy, voluntarism and grantmaking foundations