Nonprofit · EIN 92-2750951
YOUNG GEUN & YOUNG SUN LEE FOUNDATION INC
Tax-exempt · GARDENA, CA 90249
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| February 28, 2025 | 990-PF | $283,397 | $172,325 | $111,072 | $526,457 | $325 | $526,132 |
| January 31, 2024 | 990-PF | $415,272 | $212 | $415,060 | $415,272 | $212 | $415,060 |
Financial details: 990-PF for the year ended February 28, 2025
Revenue
- Contributions, gifts and grants
- $260,000
- Interest
- $23,397
Expenses
- Grants and similar amounts paid
- $172,000
- Disbursements for charitable purposes
- $172,000
- Excise tax on investment income
- $321
Balance sheet and other
- Total assets, start of year
- $415,272
- Total assets, end of year
- $526,457
- Total liabilities, end of year
- $325
- Net assets, end of year
- $526,132
- Fair market value of assets
- $526,457
- Qualifying distributions
- $172,000
- Net investment income
- $23,397
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 February 28, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| YOUNG GEUN LEE 14105 S NORMANDIE AVE UNIT 1, GARDENA, CA 90249 | CEO | 0 | $0 |
| YOUNG SUN LEE 14105 S NORMANDIE AVE UNIT1, GARDENA, CA 90249 | CFO, Secretary | 0 | $0 |
990-PF for the year ended January 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| YOUNG GEUN LEE 14105 S NORMANDIE AVE UNIT 1, GARDENA, CA 90249 | CEO | 0 | $0 |
| YOUNG SUN LEE 14105 S NORMANDIE AVE UNIT1, GARDENA, CA 90249 | CFO, Secretary | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 14105 S NORMANDIE AVE STE 1, GARDENA, CA 90249-2620
- Signed the 990-PF
- YOUNG G LEE, CEO
- Phone
- (310) 819-8556
- Website
- YOUNGLEEFOUNDATION.ORG
- Return prepared by
- SANG BONG RHEE CPA
California records
California keeps its own records of charities and corporations. Search them by EIN 92-2750951 or by the name YOUNG GEUN & YOUNG SUN LEE 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)
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in February, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | February 28, 2026 | July 15, 2026 | Not on file |
| 2024 | February 28, 2025 | July 15, 2025 | 990-PF on file |
| 2023 | February 29, 2024 | July 15, 2024 | Check at the IRS |
IRS record
- EIN
- 92-2750951
- 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
- 2025
- Accounting year ends
- February
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $526,457
- Income (IRS master file)
- $283,397
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | February 2025 | $283,397 | $172,325 | $526,457 | XML |
| 990-PF | January 2024 | $415,272 | $212 | $415,272 | 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 92-2750951).
Questions about YOUNG GEUN & YOUNG SUN LEE FOUNDATION INC
- What is the EIN of YOUNG GEUN & YOUNG SUN LEE FOUNDATION INC?
- The employer identification number (EIN) of YOUNG GEUN & YOUNG SUN LEE FOUNDATION INC is 92-2750951.
- Is YOUNG GEUN & YOUNG SUN LEE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
- Are donations to YOUNG GEUN & YOUNG SUN LEE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does YOUNG GEUN & YOUNG SUN LEE FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of YOUNG GEUN & YOUNG SUN LEE FOUNDATION INC due?
- The return for tax year 2025 (the year ending February 28, 2026) is due July 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did YOUNG GEUN & YOUNG SUN LEE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended February 2025.
- Who are the officers and directors of YOUNG GEUN & YOUNG SUN LEE FOUNDATION INC?
- The 990-PF for the year ended February 28, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does YOUNG GEUN & YOUNG SUN LEE FOUNDATION INC have?
- On its 990-PF for the year ended February 28, 2025 it reported revenue of $283,397, expenses of $172,325 and total assets of $526,457 at year end.
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