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Nonprofit · EIN 35-2649154

NEW DISCOVERY FOUNDATION

Tax-exempt · LOS ANGELES, CA 90068

Financials

$0$21K2023$0$2172024
Revenue Expenses · by fiscal year end
Financials of NEW DISCOVERY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$0$217-$217$20,194$0$20,194
December 31, 2023990-PF$0$21,040-$21,040$20,411$0$20,411
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Expenses

Grants and similar amounts paid
$0

Balance sheet and other

Total assets, start of year
$20,411
Total assets, end of year
$20,194
Total liabilities, end of year
$0
Net assets, end of year
$20,194

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.

NameTitleHours / weekCompensation
JAYAN HONG
987 S VERMONT AVE, STE G, LOS ANGELES, CA 90006
CEO0$0
990-PF for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
JAYAN HONG
987 S VERMONT AVE, STE G, LOS ANGELES, CA 90006
CEO0$0

Address and contacts

Address (IRS master file)
3626 FREDONIA DR, LOS ANGELES, CA 90068-1208
In care of
% JAYAN HONG
Signed the 990-PF
JAYAN HONG, CEO
Phone
(213) 215-6185
Return prepared by
WILLIAM KIM CPAS INC

California records

California keeps its own records of charities and corporations. Search them by EIN 35-2649154 or by the name NEW DISCOVERY FOUNDATION.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
35-2649154
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
2020
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$20,194
Income (IRS master file)
$1

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$0$217$20,194XML
990-PFDecember 2023$0$21,040$20,411XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 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 35-2649154).

Questions about NEW DISCOVERY FOUNDATION

What is the EIN of NEW DISCOVERY FOUNDATION?
The employer identification number (EIN) of NEW DISCOVERY FOUNDATION is 35-2649154.
Is NEW DISCOVERY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to NEW DISCOVERY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does NEW DISCOVERY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of NEW DISCOVERY 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 NEW DISCOVERY 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 NEW DISCOVERY FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
How much revenue does NEW DISCOVERY FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $0, expenses of $217 and total assets of $20,194 at year end.

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