Zhi Bin Ricky Dong Foundation
- Assets
- $10.4k
- Revenue
- $176.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Madison Heights, MI
- Founding
- Data as of
- 12/2023
- EIN
- 92-1243962
Organization Overview
Zhi Bin Ricky Dong Foundation is located in Madison Heights, MI. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, 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. Zhi Bin Ricky Dong Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLABORATED WITH C4HMI A FOOD PANTRY PROGRAM. THE FOOD PANTRY PROGRAM, STARTED SINCE JUNE 24 2023, DISTRIBUTE FREE FRESH FOOD TO THE COMMUNITY EVERY FOURTH MONDAY EACH MONTH
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ryan S Dong Program Manager | 40 | $66,000 | |
Jieyu W Alatchanian Program Manager | 40 | $52,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $175,957 |
| Interest on Savings | $47 |
| 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 | $0 |
| Total Revenue | $176,004 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $118,500 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,490 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,239 |
| Printing and publications | $1,064 |
| Other expenses | $22,146 |
| Total operating and administrative expenses | $158,654 |
| Contributions, gifts, grants paid | $7,000 |
| Total expenses and disbursements | $165,654 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,350 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $10,350 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Zhi Bin Ricky Dong Foundation has awarded $7,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
FILAMCCO (FILIPINO AMERICAN COMMUNITY COUNCIL OF MICHIGAN PURPOSE: DONATION FOR RIZAL DAY | $1,000 |
FUJIAN TANGTOU ELDERLY ASSOCIATION PURPOSE: BOUGHT MASKS FOR SENIOR HOME | $6,000 |