Nonprofit · EIN 92-1519790
SACRED VIRTUE WAY INSTITUTE INC
Tax-exempt · FLUSHING, NY 11354
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $177,492 | $10,694 | $166,798 | $495,984 | $0 | $495,984 |
| December 31, 2024 | 990-EZ | $189,177 | $26,159 | $163,018 | $329,186 | $0 | $329,186 |
| December 31, 2023 | 990-EZ | $187,684 | $21,516 | $166,168 | $166,168 | $0 | $166,168 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $177,492
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Printing, publications and postage
- $200
- Other expenses
- $10,494
- Program services (functional)
- $10,698
Balance sheet and other
- Total assets, start of year
- $329,186
- Total assets, end of year
- $495,984
- Total liabilities, end of year
- $0
- Net assets, end of year
- $495,984
- Cash, savings and investments
- $495,984
- Gross receipts
- $177,492
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Lotus King Weiss | President | 48 | $0 |
| Deok Seop Shim | President and Treasurer | 20 | $0 |
| Ho Man Chung | Secretary | 1 | $0 |
990-EZ for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Lotus King Weiss | President | 48 | $0 |
| Deok Seop Shim | President and Treasurer | 24 | $0 |
| Ho Man Chung | Secretary | 1 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Lotus King Weiss | President | 56 | $0 |
| Deok Seop Shim | President and Treasurer | 24 | $0 |
| Ho Man Chung | Secretary | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2705 PARSONS BLVD APT 1B, FLUSHING, NY 11354-1307
- Signed the 990-EZ
- Lotus King Weiss, Co-President
- Phone
- (929) 609-1052
- Website
- www.svwi.org
Mission
Sacred Virtue Way Institute Inc has the primary exempt purpose of delivering moral education to the general public, especially Mothers and children. To accomplish the goal, we are focusing upon the creation of moral education matierals, such as textbooks, moral educaton videos and audios. In addition, we will carry out scientific research projects to validate the impact of our moral education programs on improving human health at the molecular level. We establish a community-based moral classroom where daily public education is delivered. We build a public website to reach out to local community members. We host conferences to bring community leaders, education experts and scientific researchers together to promote morality in the human society. All these activities requires public donations and government grants to operate. Thus, we will need the status of 501c3 to accomplish this important project.
Program accomplishments
- 1. In 2025, Sacred Virtue Way Institute continues to deliver daily community services and public educations to the local communities and to general public. 2. The Whole Elephant Institute continues to support the Sacred Virtue Way Institute's daily operation and actively develop community service projects. 3. Sacred Virtue Way Institute continues to receive supports from community members in many different ways, including fund donations and goods donations and valuable suggestions and feedback. 4. Sacred Virtue Way Institute continues to train new team members to fulfill the sacred mission: Bring Light to Dark Human Society; Bring Order to the Chaotic Human World; Eradicate Human Evil Thoughts. 5. Sacred Virtue Way Institute has actively reached out to local public schools, school leaders, teachers , students and parents to rectify the public school education approaches; 6. Sacred Virtue Way Institute launched the New York State Downtown Revitalization Initiatives programs and is actively seeking community support and government founding for these programs. 7. Sacred Virtue Way Institute continues to produce reels, videos, and trilingual texts for public education through social media platforms. 8. Sacred Virtue Way Institute continues to maintain and publish updates on our institutional website: www.svwi.orgExpenses $10,698
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 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 92-1519790
- 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
- 2024
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X80)
- Assets (IRS master file)
- $495,984
- Income (IRS master file)
- $177,492
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $177,492 | $10,694 | $495,984 | XML |
| 990-EZ | December 2024 | $189,177 | $26,159 | $329,186 | XML |
| 990-EZ | December 2023 | $187,684 | $21,516 | $166,168 | XML |
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 92-1519790).
Questions about SACRED VIRTUE WAY INSTITUTE INC
- What is the EIN of SACRED VIRTUE WAY INSTITUTE INC?
- The employer identification number (EIN) of SACRED VIRTUE WAY INSTITUTE INC is 92-1519790.
- Is SACRED VIRTUE WAY INSTITUTE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to SACRED VIRTUE WAY INSTITUTE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SACRED VIRTUE WAY INSTITUTE INC 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 SACRED VIRTUE WAY INSTITUTE INC 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 SACRED VIRTUE WAY INSTITUTE INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of SACRED VIRTUE WAY INSTITUTE INC?
- The 990-EZ for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does SACRED VIRTUE WAY INSTITUTE INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $177,492, expenses of $10,694 and total assets of $495,984 at year end.
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