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Nonprofit · EIN 75-3221082

ELC FOUNDATION

Tax-exempt · TORRANCE, CA 90504

Financials

$97K$170K2024
Revenue Expenses · by fiscal year end
Financials of ELC FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$96,552$170,176-$73,624$2,458,694$0$2,458,694
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$18,075
Interest
$3,957
Net rental income
-$16,994
Net gain from sales of assets
$50,700

Expenses

Grants and similar amounts paid
$100,000
Disbursements for charitable purposes
$106,693
Excise tax on investment income
$555

Balance sheet and other

Total assets, start of year
$2,305,876
Total assets, end of year
$2,458,694
Total liabilities, end of year
$0
Net assets, end of year
$2,458,694
Fair market value of assets
$2,458,694
Qualifying distributions
$106,693
Net investment income
$96,552

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
VIVIAN WONG
C/O 2060W 171ST STREET, TORRANCE, CA 90504
PRES/TREAS/D1$0
LEONARD NAKAMURA
C/O 2060W 171ST STREET, TORRANCE, CA 90504
VICE PRES/DI1$0
WILFRED LAM
C/O 2060W 171ST STREET, TORRANCE, CA 90504
VICE PRES/DI1$0
WILLIAM CLOYD
C/O 2060W 171ST STREET, TORRANCE, CA 90504
SECRETARY/DI1$0

Address and contacts

Address (IRS master file)
2060 W 171ST ST, TORRANCE, CA 90504-2247
In care of
% TREASURER OF ELC FOUNDATION
Signed the 990-PF
VIVIAN WONG, PRES/TREAS/DIRECTOR
Phone
(808) 591-8480
Return prepared by
DOI CPA LLC

California records

California keeps its own records of charities and corporations. Search them by EIN 75-3221082 or by the name ELC 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, 2024Check at the IRS

IRS record

EIN
75-3221082
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
1994
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$2,458,694
Income (IRS master file)
$96,552

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$96,552$170,176$2,458,694XML

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 75-3221082).

Questions about ELC FOUNDATION

What is the EIN of ELC FOUNDATION?
The employer identification number (EIN) of ELC FOUNDATION is 75-3221082.
Is ELC FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to ELC FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does ELC FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of ELC 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 ELC 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 ELC FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does ELC FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $96,552, expenses of $170,176 and total assets of $2,458,694 at year end.

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