Elite Music Foundation is located in Covina, CA. The organization was established in 2015. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Elite Music Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cliff T Yang President & CEO | 5 | $0 | |
Ling-Hsien Huang Secretary | 5 | $0 | |
Kristina Kao CFO | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $52,694 |
| Total Program Service Revenue | $41,408 |
| Membership dues | $0 |
| Investment income | $21 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $94,123 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $21,404 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $53,175 |
| Total expenses | $74,579 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $137,017 |
| Other assets | $0 |
| Total assets | $139,622 |
| Total liabilities | $11,100 |
| Net assets or fund balances | $128,522 |