Skip to main content

Nonprofit · EIN 92-0320619

YAY FOUNDATION

Tax-exempt · LOS ANGELES, CA 90017

Financials

$102K$109K2024$246K$182K2025
Revenue Expenses · by fiscal year end
Financials of YAY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$245,986$182,466$63,520$93,750$3,975$89,775
December 31, 2024990-EZ$102,165$108,899-$6,734$9,689$3,040$6,649
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$145,752
of which government grants
$65,000
Program service revenue
$100,234
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$9,000
Salaries, compensation and benefits (total)
$9,000
Professional fundraising fees
$0
Legal fees
$1,878
Occupancy
$8,015
Travel
$47,687
Program services (functional)
$145,246
Management and general (functional)
$37,220

Balance sheet and other

Total assets, start of year
$26,255
Total assets, end of year
$93,750
Total liabilities, end of year
$3,975
Net assets, end of year
$89,775
Gross receipts
$245,986
Employees
0
Volunteers
62
Year formed
2023
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, 2025, highest compensation first.

NameTitleHours / weekCompensation
SUNG MIN PARKBOARD PRESIDENT CEO
Trustee or director, Officer, Highest-paid employee
7$9,000
ROSALINE TRANBOARD PRESIDENT
Trustee or director, Officer
2$0
ANDREW VANVOORHISTREASURER
Officer
2$0
VERONICA MEJIASECRETARY
Officer
2$0
990-EZ for the year ended December 31, 2024: 14 people
NameTitleHours / weekCompensation
Sung Min ParkCEO Board President25$3,000
Danica WestmorelandBoard Member2$0
Andy ParkBoard Member Tech Director2$0
Rosaline TranBoard Member Paralegal2$0
Miles FosterBoard Member2$0
Deborah Diaz De LeonBoard Member2$0
Valencia FosterBoard Member2$0
Scott GizickiBoard Member2$0
Beth FlaxBoard Member2$0
Dr Erin BurgoonBoard Member2$0
Michel ChicoineBoard Member2$0
Veronica MejiaBoard Member and Secretary2$0
Crystal LeeResigned December 20242$0
Andrew Van VoorhisTreasurer and Board Member2$0

Address and contacts

Address (IRS master file)
379 LOMA DR APT 322, LOS ANGELES, CA 90017-1152
In care of
% SUNG MIN PARK
Principal officer (990 for 2025)
SUNG MIN PARK, 379 LOMA DR APT 322, Los Angeles, CA 90017
Signed the 990
SUNG MIN PARK, CEO
Phone
(323) 354-2233
990-N for 2023 filed under this EIN
Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: Sung Min Park, 379 LOMA DR APT 322, Los Angeles CA 90017. Mailing address: 379 LOMA DR APT 322, Los Angeles CA 90017. Website: https://theartofbeingyay.com/yay-foundation
Return prepared by
Montgomery Tax and Business Services LLC

California records

California keeps its own records of charities and corporations. Search them by EIN 92-0320619 or by the name YAY FOUNDATION.

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

Mission

The mission of The YAY Foundation is to spark culture shifts that reduce stigma and strengthen connection around health, healing, and belonging. We use humor, arts, and heart to make tough conversations approachable and joyful, while creating practical, actionable solutions tha empower individuals and communities to thrive.

990 for the year ended December 31, 2025

Program accomplishments

  • The mission of The YAY Foundation is to spark culture shifts that reduce stigma and strengthen connection around health, healing, and belonging. We use humor, arts, and heart to make tough conversations approachable and joyful, while creating practical,
    Expenses $68,464 · revenue $68,466

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, 2026990 on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-N on file

IRS record

EIN
92-0320619
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
Assets (IRS master file)
$93,750
Income (IRS master file)
$245,986

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$245,986$182,466$93,750XML
990-EZDecember 2024$102,165$108,899$9,689XML
990-N for 2023
Officer: Sung Min Park
Filed under this EIN, most likely by a chapter or affiliate
December 31, 2023≤ $50,000 receipts––e-Postcard
990-N for 2022
Officer: Sung Min Park
Filed under this EIN, most likely by a chapter or affiliate
December 31, 2022≤ $50,000 receipts––e-Postcard

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 92-0320619).

Questions about YAY FOUNDATION

What is the EIN of YAY FOUNDATION?
The employer identification number (EIN) of YAY FOUNDATION is 92-0320619.
Is YAY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to YAY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does YAY FOUNDATION 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 YAY FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did YAY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of YAY FOUNDATION?
The 990 for the year ended December 31, 2025 names SUNG MIN PARK.
Who are the officers and directors of YAY FOUNDATION?
The 990 for the year ended December 31, 2025 lists 4 people; 1 received compensation from the organization, the highest $9,000 (SUNG MIN PARK, BOARD PRESIDENT CEO).
How much revenue does YAY FOUNDATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $245,986, expenses of $182,466 and total assets of $93,750 at year end.

Other nonprofits in LOS ANGELES

All nonprofits in LOS ANGELES · California · Mental health and crisis intervention