Nonprofit · EIN 52-2242995
TLBU FOUNDATION INC
Tax-exempt · CHERRY HILL, NJ 08003
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| February 28, 2026 | 990 | $44,809 | $205,713 | -$160,904 | $1,985,497 | $228,061 | $1,757,436 |
| February 28, 2025 | 990 | $18,289 | $1,140,556 | -$1,122,267 | $2,194,563 | $276,223 | $1,918,340 |
| February 29, 2024 | 990 | $161,470 | $484,519 | -$323,049 | $3,364,351 | $323,744 | $3,040,607 |
| February 28, 2023 | 990 | $130,568 | $163,082 | -$32,514 | $4,438,732 | $1,075,076 | $3,363,656 |
Financial details: 990 for the year ended February 28, 2026
Revenue
- Contributions, gifts and grants
- $3,000
- Program service revenue
- $0
- Investment income
- $41,809
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $98,300
- Other salaries and wages
- $23,100
- Salaries, compensation and benefits (total)
- $25,032
- Professional fundraising fees
- $0
- Accounting fees
- $6,194
- Occupancy
- $69,412
- Program services (functional)
- $173,388
- Management and general (functional)
- $28,481
- Fundraising (functional)
- $3,844
Balance sheet and other
- Total assets, start of year
- $2,194,563
- Total assets, end of year
- $1,985,497
- Total liabilities, end of year
- $228,061
- Net assets, end of year
- $1,757,436
- Land, buildings and equipment
- $672,651
- Net assets without donor restrictions
- $1,757,436
- Gross receipts
- $44,809
- Employees
- 2
- Volunteers
- 0
- Year formed
- 2000
- State of legal domicile
- MD
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 February 28, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ya Wang | Secretary/Treasurer Trustee or director, Officer | 4 | $18,000 |
| Monirith Tola | Operating Officer Officer | 10 | $13,200 |
| Byung Hwa Lyou | President Trustee or director, Officer | 20 | $0 |
| Liang Cheng | Director Trustee or director | 4 | $0 |
990 for the year ended February 28, 2025: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ya Wang | Secretary/Treasurer Trustee or director, Officer | 15 | $30,000 |
| Monirith Tola | Operating Officer Officer | 10 | $13,200 |
| Byung Hwa Lyou | President Trustee or director, Officer | 20 | $0 |
| Liang Cheng | Director Trustee or director | 4 | $0 |
990 for the year ended February 29, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ya Wang | Secretary/Treasurer Trustee or director, Officer | 15 | $12,000 |
| Byung Hwa Lyou | President Trustee or director, Officer | 20 | $0 |
| Liang Cheng | Director Trustee or director | 4 | $0 |
990 for the year ended February 28, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ya Wang | Secretary/Treasurer Trustee or director, Officer | 15 | $11,900 |
| Byung Hwa Lyou | President Trustee or director, Officer | 20 | $0 |
| Liang Cheng | Director Trustee or director | 4 | $0 |
Address and contacts
- Address (IRS master file)
- 1814 EAST ROUTE 70 SUITE 350, CHERRY HILL, NJ 08003-2057
- In care of
- % HO SUK GANG
- Principal officer (990 for 2025)
- Byung Hwa Lyou, 1814 East Route 70 Suite 350, Cherry Hill, NJ 08003
- Signed the 990
- Byung Hwa Lyou, President
- Phone
- (856) 519-5959
- Return prepared by
- Capaldi Reynolds & Pelosi PA
Mission
Provide direct/indirect scholarship for educating Asian students on U.S. Laws, as well as offering them with opportunities to promote active cultural, academic and societal interchange with American students.
Program accomplishments
- TLBU Foundation provided support to graduate law school educational related expenses for Transnational Law and Business students in Seoul, South Korea.Expenses $173,388 · grants $98,300
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 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 | 990 on file |
| 2024 | February 28, 2025 | July 15, 2025 | 990 on file |
| 2023 | February 29, 2024 | July 15, 2024 | 990 on file |
IRS record
- EIN
- 52-2242995
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2001
- Accounting year ends
- February
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B50)
- Assets (IRS master file)
- $1,985,497
- Income (IRS master file)
- $44,809
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | February 2026 | $44,809 | $205,713 | $1,985,497 | XML |
| 990 | February 2025 | $18,289 | $1,140,556 | $2,194,563 | XML |
| 990 | February 2024 | $161,470 | $484,519 | $3,364,351 | XML |
| 990 | February 2023 | $130,568 | $163,082 | $4,438,732 | XML |
| 990 | February 2022 | – | – | – | IRS |
| 990 | February 2021 | – | – | – | IRS |
| 990 | February 2020 | – | – | – | IRS |
| 990 | February 2019 | – | – | – | IRS |
| 990 | February 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 52-2242995).
Questions about TLBU FOUNDATION INC
- What is the EIN of TLBU FOUNDATION INC?
- The employer identification number (EIN) of TLBU FOUNDATION INC is 52-2242995.
- Is TLBU FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to TLBU FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TLBU FOUNDATION INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of TLBU FOUNDATION INC due?
- The return for tax year 2026 (the year ending February 28, 2027) is due July 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TLBU FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended February 2026.
- Who is the principal officer of TLBU FOUNDATION INC?
- The 990 for the year ended February 28, 2026 names Byung Hwa Lyou.
- Who are the officers and directors of TLBU FOUNDATION INC?
- The 990 for the year ended February 28, 2026 lists 4 people; 2 received compensation from the organization, the highest $18,000 (Ya Wang, Secretary/Treasurer).
- How much revenue does TLBU FOUNDATION INC have?
- On its 990 for the year ended February 28, 2026 it reported revenue of $44,809, expenses of $205,713 and total assets of $1,985,497 at year end.
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