Nonprofit · EIN 83-1429397
NEW SUN FOUNDATION CORP
Tax-exempt · DEERFIELD, IL 60015
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $267,675 | $47,976 | $219,699 | $1,082,953 | $0 | $1,082,953 |
| December 31, 2023 | 990 | $240,000 | $61,385 | $178,615 | $863,254 | $0 | $863,254 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $233,000
- Program service revenue
- $0
- Investment income
- $34,675
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $43,484
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $43,484
- Management and general (functional)
- $4,492
Balance sheet and other
- Total assets, start of year
- $863,254
- Total assets, end of year
- $1,082,953
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,082,953
- Net assets without donor restrictions
- $1,082,953
- Gross receipts
- $267,675
- Employees
- 0
- Year formed
- 2018
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FAN LI | SECRETARY Trustee or director, Officer | 2 | $0 |
| YEUNG MAN SUEN | PRESIDENT Trustee or director, Officer | 2 | $0 |
| WING YIN TO | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FAN LI | SECRETARY Trustee or director, Officer | – | $0 |
| YEUNG MAN SUEN | PRESIDENT Trustee or director, Officer | – | $0 |
| WING YIN TO | DIRECTOR Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 1020 MAILWAUKEE AVE, DEERFIELD, IL 60015-3513
- Principal officer (990 for 2024)
- YEUNG MAN SUEN
- Signed the 990
- YEUNG MAN SUEN, PRESIDENT
- Phone
- (347) 822-5887
- Return prepared by
- IACCTAX
Mission
TO SERVE AND SUPPORT FAMILIES AND INDIVIDUALS IN POOR COMMUNITIES AROUND THE WORLD.
Program accomplishments
- CHINA SENIOR PROGRAM DEVELOPMENT IN MAINLAND CHINAExpenses $33,000 · grants $33,000
- CHINESE COMMUNITY SUPPORT FOR VARIOUS ACTIVITIESExpenses $10,484 · grants $10,484
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 83-1429397
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2018
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P99)
- Assets (IRS master file)
- $1,082,953
- Income (IRS master file)
- $267,675
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $267,675 | $47,976 | $1,082,953 | XML |
| 990 | December 2023 | $240,000 | $61,385 | $863,254 | XML |
| 990 | December 2022 | $293,000 | $61,642 | $684,639 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 83-1429397).
Questions about NEW SUN FOUNDATION CORP
- What is the EIN of NEW SUN FOUNDATION CORP?
- The employer identification number (EIN) of NEW SUN FOUNDATION CORP is 83-1429397.
- Is NEW SUN FOUNDATION CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to NEW SUN FOUNDATION CORP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEW SUN FOUNDATION CORP 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 NEW SUN FOUNDATION CORP 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 SUN FOUNDATION CORP last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of NEW SUN FOUNDATION CORP?
- The 990 for the year ended December 31, 2024 names YEUNG MAN SUEN.
- Who are the officers and directors of NEW SUN FOUNDATION CORP?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does NEW SUN FOUNDATION CORP have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $267,675, expenses of $47,976 and total assets of $1,082,953 at year end.
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