2025-11-01T01:57:07-07:00 2023-12-31 990 2023-01-01 843666348 P & Y FOUNDATION P&YF 8019195368 260 KING ST UNIT 879 SAN FRANCISCO CA 94107 yangtian sun software engineer 8019195368 2025-10-15 1 2023 2025-03-06 01:10:19Z yangtian sun 1372 san tomas aquino rd san jose CA 95130 355498 0 X X 2019 CA Build a bridge between asian arts and US communities. 3 3 0 50 0 0 40465 115943 65478 239555 0 10000 0 115943 355498 0 0 0 5947 0 0 29027 315549 34974 315549 80969 39949 41017 80966 0 0 41017 80966 X 0 0 160000 0 120000 Organized and supported community cultural and art programs, including Burning Man art installations, public performances, and collaborative exhibitions. These programs provided opportunities for emerging artists to share diverse perspectives and engage the public in cultural expression and creativity. 120000 119555 Hosted and sponsored community stand-up comedy and performing-arts events designed to promote humor, social connection, and cross-cultural understanding. The foundation provided stage facilities, production funding, and volunteer coordination to encourage participation and artistic collaboration. 10549 0 0 Supported volunteer outreach, communications, and operational services directly related to program delivery, ensuring efficient coordination of cultural events and maximizing community benefit. 0 0 0 290549 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 0 1 0 1 1 1 1 1 1 0 0 0 CA X X yangtian sun 8019195368 260 KING ST UNIT 879 SAN FRANCISCO CA 94107 X Yangtian Sun CEO 20 20 X X X 0 0 0 Peng Jia COO 10 10 X 0 0 0 Zhengyu Qin CTO 10 10 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 115943 0 115943 Cultural and Educational Events (Eventbrite & Stripe Programs) 900099 239555 239555 0 0 0 0 0 0 239555 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 355498 239555 0 0 X 0 0 200549 195549 5000 8000 8000 3000 3000 60000 55000 5000 15000 15000 0 6000 6000 5000 5000 18000 6000 12000 315549 290549 25000 0 41017 80966 41017 80966 0 0 X 41017 80966 0 0 41017 80966 41017 80966 X 39949 0 0 0 0 0 X 0 0 0 X 105943 105943 239555 239555 0 0 0 0 345498 345498 345498 0 0 0 0 0 0 345498 345498 1 1 0 0 X Form 990, Part III Program service revenue consists of public cultural and educational events conducted through Eventbrite and Stripe. All contributions were received from the general public. No government grants or investment income were received during the year. Form 990, Part VI, Section A, Line 8b No committees had authority to act for the board; all actions were taken and recorded by the full board. Form 990, Part VI, Section A, Line 9 The principal officer, Yangtian Sun, can be reached at 1372 San Tomas Aquino Rd, San Jose, CA 95130, which is different from the organization's mailing address 260 King St Unit 879, San Francisco, CA 94107. Form 990, Part VI, Section B, Line 11b The Form 990 was reviewed by the president prior to filing. Form 990, Part VI, Section B, Line 12c Conflicts of interest are reviewed annually by the board. Form 990, Part VI, Section C, Line 19 The organization makes its Form 1023, Form 990-EZ, and governing documents available to the public upon request. Copies are also accessible through the GuideStar (Candid) public database. Requests for copies or information can be made by contacting the organization at its mailing address or by email. Form 990, Part IX, Line 11g Program service expenses consist of costs for public events and performances, including materials, venue rental, and volunteer coordination. Form 990, Part XI, Line 9 The difference of $3,427 between the organization's internal cash ledger (net income $43,376) and the year-end bank balance change ($39,949) is due to timing differences such as outstanding checks, pending Zelle/Expensify transactions, and small bank service fees posted after year end. The variance represents less than 2 percent of annual receipts and is within the normal reconciliation range. Our organization is a small volunteer-run public charity with no paid staff. The delay in filing Form 990 was unintentional and due to limited administrative capacity and a misunderstanding of the filing deadline. Once we became aware of the missed filing, we immediately organized the financial records and completed the return as quickly as possible. We respectfully request that any late-filing penalties be waived because the delay was due to reasonable cause and not willful neglect.