Hong Tao Tze Foundation
- Assets
- $14.2m
- Revenue
- $14.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Walnut, CA
- Founding
- 09/2007
- Data as of
- 12/2022
- EIN
- 20-3539625
Organization Overview
Hong Tao Tze Foundation is located in Walnut, CA. The organization was established in 2007. According to its NTEE Classification (P50) the organization is classified as: Personal Social Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hong Tao Tze Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Hong Tao Tze Foundation generated $14.6m in total revenue. All expenses for the organization totaled $638.2k during the year ending 12/2022. While expenses have increased by 163.9% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THROUGH ENCOURAGE HIGH-QUALITY CULTURE AND EDUCATION, WE AIM TO PROMOTE LOVE PEACE AND CONSCIENCE.WE SHARE AND ADVOCATE THESE VALUES THROUGH VARIOUS FORMS AND ACTIVITIES, ENHANCING THE PHYSICAL , MENTAL, AND SPIRITUAL WELL-BEING OF PEOPLE AND FOSTERING SUSTAINABLE DEVELOPMENT OF THE EARTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PHYSICAL , MENTAL AND SPIRITUAL RELATED
RELATED OPERATIONAL EXPENSES
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kuanjung Chen Secretary | 0 | $0 | |
Shih-Ho Hong CEO | 0 | $0 | |
Mei-Jung Yu CFO | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $14,570,462 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $64,765 |
| Total Revenue | $14,635,227 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $24,531 |
| Occupancy | $1,800 |
| Travel, conferences, and meetings | $149,899 |
| Printing and publications | $2,567 |
| Other expenses | $447,960 |
| Total operating and administrative expenses | $638,222 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $638,222 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $764,676 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $13,452,168 |
| Other assets | $0 |
| Total assets | $14,216,844 |
| Accounts payable and accrued expenses | $96,706 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $106,534 |
| Total liabilities | $203,240 |