GREEN OCEAN FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- GREEN OCEAN FOUNDATION (EIN 82-0832382)
- Tax period
- 2024-03-01 to 2025-02-28
- Filed
- 2025-05-06
- IRS object ID
- 202501269349102985
- Schema version
- 2024v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-05-06T13:58:32-07:00 | ReturnTs |
| Tax Period End | 2025-02-28 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 263000418 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ABEST TAX SERVICES INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1621A S MAIN ST | AddressLine1Txt |
| City | MILPITAS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95035 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-03-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 820832382 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GREEN OCEAN FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GREE | BusinessNameControlTxt |
| Phone | 4082605899 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10438 VISTA DRIVE | AddressLine1Txt |
| City | CUPERTINO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95014 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | YUAN NING TSENG | PersonNm |
| Person Title | President & CEO | PersonTitleTxt |
| Signature | 2025-05-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SHUANG MAO | PreparerPersonNm |
| PTIN | P00660082 | PTIN |
| Phone | 4083929977 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $3,227,313 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $205,000 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $34,978 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $34,978 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $34,978 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $24,146 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,063,695 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $24,146 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $24,146 | NetSTCapitalGainAdjNetIncmAmt |
| Total Rev And Expnss | $264,124 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $59,124 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $59,124 | TotalAdjNetIncmAmt |
| Accounting Fees Rev And Expnss | $3,232 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $3,232 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $1,903 | TaxesRevAndExpnssAmt |
| Taxes Dsbrs Chrtbl | $1,903 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $4,993 | DeprecAndDpltnRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $71,129 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $71,129 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $92,208 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $92,208 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $173,465 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $168,472 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $53,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $53,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $226,465 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $221,472 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $37,659 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $59,124 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $59,124 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $21,826 | CashBOYAmt |
| Cash EOY | $78,709 | CashEOYAmt |
| Cash EOYFMV | $78,709 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $197,927 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $346,384 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $346,384 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $1,899,783 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,720,250 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,784,639 | CorporateStockEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $39,739 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $20,859 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $18,810 | LandBOYAmt |
| Land EOY | $18,880 | LandEOYAmt |
| Land EOYFMV | $8,500 | LandEOYFMVAmt |
| Other Assets BOY | $3,549 | OtherAssetsBOYAmt |
| Other Assets EOY | $9,081 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $9,081 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $2,141,895 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,173,304 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $3,227,313 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $14,656 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $8,406 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $14,656 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $8,406 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $2,127,239 | RetainedEarningBOYAmt |
| Retained Earning EOY | $2,164,898 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,127,239 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,164,898 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,141,895 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,173,304 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,127,239 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $37,659 | ExcessRevenueOverExpensesAmt |
| Subtotal | $2,164,898 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $2,164,898 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Merrill - 2176 | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Acquired | 2024-12-01 | AcquiredDt |
| Sold | 2024-12-01 | SoldDt |
| Gross Sales Price | $1,063,695 | GrossSalesPriceAmt |
| Cost Or Other Basis | $1,039,549 | CostOrOtherBasisAmt |
| Gain Or Loss | $24,146 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $24,146 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $24,146 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $24,146 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $822 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $822 | SubtotalAmt |
| Tax Based On Investment Income | $822 | TaxBasedOnInvestmentIncomeAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $47 | EsPenaltyAmt |
| Tax Due | $869 | TaxDueAmt |
| Applied To ES Tax | $0 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (true) | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SHIH CHANG CHANG | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4082605899 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10438 VISTA DRIVE | AddressLine1Txt |
| City | CUPERTINO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95014 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| YUAN NING TSENG | ||||||
| 10438 VISTA DRIVE | CUPERTINO | CA | 95014 | President & CEO | 4.00 | $0 |
| SHIH CHANG CHANG | ||||||
| 10438 VISTA DRIVE | CUPERTINO | CA | 95014 | Secretary & CFO | 1.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $2,587,553 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $401,918 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,989,471 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $2,989,471 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $44,842 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,944,629 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $147,231 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $147,231 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $822 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $822 | TotalTaxAmt |
| Distributable Before Adj | $146,409 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $146,409 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $146,409 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $221,472 | ExpensesAndContributionsAmt |
| Charitable Assets Acquis Paid | $5,063 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $226,535 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $146,409 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr4 | $28,516 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $55,490 | ExcessDistributionCyovYr3Amt |
| Total Excess Distribution Cyov | $84,006 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $226,535 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $146,409 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $80,126 | RemainingDistriFromCorpusAmt |
| Total Corpus | $164,132 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $164,132 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $28,516 | ExcessFromYear4Amt |
| Excess From Year3 | $55,490 | ExcessFromYear3Amt |
| Excess From Current Year | $80,126 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | YUAN NING TSENG | ContributingManagerNm |
| Contributing Manager | SHIH CHANG CHANG | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| St Jude Internet | |||||||
| 262 Danny Thomas Place | Memphis | TN | 38105 | Donation | PC | To advance cures, and means of prevention, for pediatric catastrophic diseases through research and treatment. | $3,000 |
| Chang Tseng Family Foundation | |||||||
| 10438 Vista Drive | Cupertino | CA | 95014 | Donation | PF | To provide financial relief to the poor. The distressed and underprivileged; support advancement of education and science; support universities, schools, libraries, churches, temples and other places of general public benefit. | $50,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $53,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $34,978 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $24,146 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $59,124 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $59,124 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| SHIH CHANG CHANG YUAN NING TSENG | ||||||
| 1 | 10438 VISTA DRIVE | CUPERTINO | CA | 95014 | $60,000 | Yes (X) |
| RED HIPPO FOUNDATION | ||||||
| 2 | 10438 VISTA DRIVE | CUPERTINO | CA | 95014 | $145,000 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting Fees | CategoryTxt |
| Amt | $3,232 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $3,232 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (24 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | RtRt | Current Year ExpenseCurrentYearExpenseAmt |
|---|---|---|---|---|---|---|
| FURNITURE | 2019-09-02 | $1,314 | $1,021 | 200DB | 0.0892 | $117 |
| FURNITURE | 2020-06-06 | $924 | $635 | 200DB | 0.0893 | $83 |
| FURNITURE | 2020-06-10 | $549 | $377 | 200DB | 0.0893 | $49 |
| FURNITURE | 2020-06-11 | $258 | $177 | 200DB | 0.0893 | $23 |
| FURNITURE | 2020-06-12 | $844 | $581 | 200DB | 0.0893 | $75 |
| OFFICE IMPROVEMENT | 2021-08-23 | $2,405 | $221 | SL | 0.0364 | $87 |
| OFFICE IMPROVEMENT | 2021-08-27 | $3,405 | $315 | SL | 0.0364 | $124 |
| OFFICE IMPROVEMENT | 2021-09-02 | $5,105 | $457 | SL | 0.0364 | $186 |
| FURNITURE | 2021-06-02 | $893 | $503 | 200DB | 0.1249 | $112 |
| FURNITURE | 2021-09-29 | $3,855 | $2,169 | 200DB | 0.1249 | $481 |
| IPHONE | 2022-03-06 | $929 | $723 | 200DB | 0.1481 | $138 |
| LAPTOP | 2022-12-26 | $1,062 | $826 | 200DB | 0.1481 | $157 |
| LAPTOP | 2022-12-30 | $1,077 | $838 | 200DB | 0.1481 | $160 |
| MONITOR | 2022-08-31 | $500 | $260 | 200DB | 0.1920 | $96 |
| FURNITURE | 2022-04-05 | $164 | $63 | 200DB | 0.1749 | $29 |
| FURNITURE | 2022-11-26 | $1,300 | $504 | 200DB | 0.1749 | $227 |
| IPAD | 2023-04-12 | $776 | $259 | 200DB | 0.4445 | $345 |
| MACBOOK AIR | 2024-01-08 | $1,158 | $386 | 200DB | 0.4445 | $515 |
| IPHONE | 2024-02-16 | $1,079 | $360 | 200DB | 0.4445 | $480 |
| FURNITURE | 2024-02-17 | $1,321 | $189 | 200DB | 0.2449 | $324 |
| IPAD | 2024-06-13 | $1,112 | 200DB | 0.3333 | $371 | |
| COMPUTER | 2024-10-23 | $1,311 | 200DB | 0.3333 | $437 | |
| FURNITURE | 2024-09-04 | $1,570 | 200DB | 0.1429 | $224 | |
| FURNITURE | 2024-10-23 | $1,070 | 200DB | 0.1429 | $153 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Merrill - 2176 | $1,196,275 | $1,677,012 |
| Charles Schwab - 3046 | $523,975 | $1,107,627 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| Furniture and Fixtures | $14,062 | $8,116 | $5,946 | $3,000 |
| Machinery and Equipment | $14,762 | $11,353 | $3,409 | $1,500 |
| Improvements | $10,915 | $1,390 | $9,525 | $4,000 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Advance to Founder | Desc |
| BOY Book Value | $3,549 | BOYBookValueAmt |
| EOY Book Value | $9,081 | EOYBookValueAmt |
| EOYFMV | $9,081 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (11 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Advisory Fee | $9,994 | $9,994 |
| Automobile Expense | $4,246 | $4,246 |
| Dues and Subscriptions Expense | $1,599 | $1,599 |
| Event Expenses | $2,610 | $2,610 |
| Filing Expense | $100 | $100 |
| Meals and Entertainment | $63,625 | $63,625 |
| Office Expense | $304 | $304 |
| Office Supply | $8,556 | $8,556 |
| Parking & Tolls Expense | $159 | $159 |
| Repair & Maintenance | $468 | $468 |
| Utilities Expense | $547 | $547 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Credit Card Payable | Desc |
| BOY Book Value | $14,656 | BOYBookValueAmt |
| EOY Book Value | $8,406 | EOYBookValueAmt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SHIH CHANG CHANG YUAN NING TSENG | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10438 VISTA DRIVE | AddressLine1Txt |
| City | CUPERTINO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95014 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Foreign Tax | $206 | $206 |
| IRS - Income Tax | $1,697 | $1,697 |
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