Himalaya Foundation is located in Virginia Beach, VA. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Himalaya 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 12/2023, Himalaya Foundation generated $75.9k in total revenue. All expenses for the organization totaled $15.6k during the year ending 12/2023. While expenses have increased by 251.4% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION HAS ESTABLISHED ITS 501(C)(3) STATUS WITH IRS STARTING 12/20/22
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bing Pan Director | 2 | $0 | |
Meng Pan Director | 0 | $0 | |
Ruyi Zhao Director | 0 | $0 | |
Siya Huo Director | 8 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $75,945 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $75,945 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $3,680 |
Professional fees and other payments to independent contractors | $11,822 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $46 |
Other expenses | $15 |
Total expenses | $15,563 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $60,755 |
Other assets | $0 |
Total assets | $60,755 |
Total liabilities | $373 |
Net assets or fund balances | $60,382 |