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Nonprofit · EIN 26-3655173

YBC INC

Tax-exempt · MINNEAPOLIS, MN 55413

Financials

$1.3M$1.2M2022$1.4M$1.2M2023$1.4M$1.2M2024
Revenue Expenses · by fiscal year end
Financials of YBC INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,382,617$1,249,813$132,804$12,822,088$13,170,023-$347,935
June 30, 2024990$1,370,372$1,179,396$190,976$12,939,013$13,419,752-$480,739
June 30, 2023990$1,314,116$1,155,436$158,680$12,982,550$13,654,241-$671,691
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,286,844
Investment income
$95,773
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$3,413
Accounting fees
$5,000
Depreciation
$310,217
Program services (functional)
$1,249,813

Balance sheet and other

Total assets, start of year
$12,939,013
Total assets, end of year
$12,822,088
Total liabilities, end of year
$13,170,023
Net assets, end of year
-$347,935
Land, buildings and equipment
$9,725,962
Gross receipts
$1,382,617
Employees
0
Volunteers
2
Year formed
2008
State of legal domicile
MN

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
HURSHA PATELBOARD CHAIR
Trustee or director, Officer
1$0
NATHAN LOCKWOODTREASURER
Trustee or director, Officer
1$0
JUSTIN RIDDLEDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 3 people
NameTitleHours / weekCompensation
SCOTT JAXBOARD CHAIR
Trustee or director, Officer
1$0
XIAOYAN SUNTREASURER
Trustee or director, Officer
1$0
KAREN LUSECRETARY
Trustee or director, Officer
1$0
990 for the year ended June 30, 2023: 3 people
NameTitleHours / weekCompensation
SCOTT JAXBOARD CHAIR
Trustee or director, Officer
1$0
XIAOYAN SUNTREASURER
Trustee or director, Officer
1$0
KAREN LUSECRETARY
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
1616 BUCHANAN ST NE, MINNEAPOLIS, MN 55413-1609
In care of
% JOE Y YANG
Principal officer (990 for 2024)
HURSHA PATEL, 1616 BUCHANAN STREET NE, MINNEAPOLIS, MN 55413
Signed the 990
HURSHA PATEL, BOARD CHAIR
Phone
(612) 788-9095
Return prepared by
CREATIVE PLANNING TAX LLC

Mission

LEASE AND MAINTAIN PROPERTY FOR YINGHUA ACADEMY

990 for the year ended June 30, 2025

Program accomplishments

  • OWN AND MAINTAIN PROPERTY/BUILDING THAT YINGHUA ACADEMY LEASES.
    Expenses $1,249,813 · revenue $1,286,844

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
26-3655173
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
2009
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B112)
Assets (IRS master file)
$12,822,088
Income (IRS master file)
$1,382,617

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,382,617$1,249,813$12,822,088IRS
990June 2024$1,370,372$1,179,396$12,939,013IRS
990June 2023$1,314,116$1,155,436$12,982,550XML
990June 2022$1,268,654$1,268,208$13,067,838IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––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 26-3655173).

Questions about YBC INC

What is the EIN of YBC INC?
The employer identification number (EIN) of YBC INC is 26-3655173.
Is YBC INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to YBC INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does YBC INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of YBC INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did YBC INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of YBC INC?
The 990 for the year ended June 30, 2025 names HURSHA PATEL.
Who are the officers and directors of YBC INC?
The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does YBC INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,382,617, expenses of $1,249,813 and total assets of $12,822,088 at year end.

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