Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 88-6235910

YOUNG NAK CHURCH RESERVE TR

Also known as JAMES JASON LEE TTEE

Tax-exempt · LOS ANGELES, CA 90031

Financials

$419K$667K2023
Revenue Expenses · by fiscal year end
Financials of YOUNG NAK CHURCH RESERVE TR by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990$419,456$667,120-$247,664$0$0$0
Financial details: 990 for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$419,452
Program service revenue
$0
Investment income
$4
Other revenue
$0

Expenses

Grants and similar amounts paid
$119,280
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$547,320
Accounting fees
$400
Program services (functional)
$119,280
Management and general (functional)
$547,840

Balance sheet and other

Total assets, start of year
$247,664
Total assets, end of year
$0
Total liabilities, end of year
$0
Net assets, end of year
$0
Gross receipts
$419,456
Employees
0
Year formed
2022
State of legal domicile
CA

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, 2023, highest compensation first.

NameTitleHours / weekCompensation
PHILLIP H CHOTRUSTEE
Trustee or director, Officer
–$0
BYUNG WU CHOITRUSTEE
Trustee or director, Officer
–$0
PAUL KOHTRUSTEE
Trustee or director, Officer
–$0
JAMES JISOO LEETRUSTEE
Trustee or director, Officer
–$0
EUNSUNG PARKTRUSTEE
Trustee or director
–$0

Address and contacts

Address (IRS master file)
1721 N BROADWAY, LOS ANGELES, CA 90031-1763
In care of
% JAMES JISOO LEE
Principal officer (990 for 2023)
PHILLIP H CHO, 3226 ALABAMA ST, GLENDALE, CA 91214
Signed the 990
PHILLIP H CHO, TRUSTEE
Phone
(714) 743-8762
Return prepared by
INTEGRAL CPAS & ASSOCIATES INC

California records

California keeps its own records of charities and corporations. Search them by EIN 88-6235910 or by the name YOUNG NAK CHURCH RESERVE TR.

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

Mission

THE YOUNG NAK CHURCH RESERVE TRUST, A CHARITABLE TRUST, IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES, NO PART OF THE NET EARNINGS OF WHICH INSURES OR IS PAYABLE TO OR FOR THE BENEFIT OF ANY PRIVATE SHAREHOLDER OR INDIVIDUAL, AND NO SUBSTANTIAL PART OF THE ACTIVITIES OF WHICH IS CARRYING ON PROPAGANDA, OR OTHERWISE ATTEMPTING TO INFLUENCE LEGISLATION, AND WHICH DO NOT PARTICIPATE IN OR INTERVENE IN (INCLUDING THE PUBLISHING OR DISTRIBUTING OF STATEMENTS) ANY POLITICAL CAMPAIGN ON BEHALF OF OR IN OPPOSITION TO ANY CANDIDATE FOR PUBLIC OFFICE.

990 for the year ended December 31, 2023

Program accomplishments

  • FOR THE SUPPORT AND MAINTENANCE OF THE CHURCH CURRENTLY KNOWN AS THE YOUNG NAK CHURCH, LOCATED AT 1721 NORTH BROADWAY, LOS ANGELES, CALIFORNIA 90031, THROUGH ITS DISAFFILIATION FROM THE KPCA.
    Expenses $119,280 · grants $119,280

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

IRS record

EIN
88-6235910
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Income (IRS master file)
$419,456

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2023$419,456$667,120$0XML
990December 2022$497,681$250,017$247,664IRS

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 88-6235910).

Questions about YOUNG NAK CHURCH RESERVE TR

What is the EIN of YOUNG NAK CHURCH RESERVE TR?
The employer identification number (EIN) of YOUNG NAK CHURCH RESERVE TR is 88-6235910.
Is YOUNG NAK CHURCH RESERVE TR tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to YOUNG NAK CHURCH RESERVE TR tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does YOUNG NAK CHURCH RESERVE TR 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 YOUNG NAK CHURCH RESERVE TR 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 YOUNG NAK CHURCH RESERVE TR last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2023.
Who is the principal officer of YOUNG NAK CHURCH RESERVE TR?
The 990 for the year ended December 31, 2023 names PHILLIP H CHO.
Who are the officers and directors of YOUNG NAK CHURCH RESERVE TR?
The 990 for the year ended December 31, 2023 lists 5 people; 0 received compensation from the organization.
How much revenue does YOUNG NAK CHURCH RESERVE TR have?
On its 990 for the year ended December 31, 2023 it reported revenue of $419,456, expenses of $667,120 and total assets of $0 at year end.

Other nonprofits in LOS ANGELES

All nonprofits in LOS ANGELES · California · Philanthropy, voluntarism and grantmaking foundations