Hongyun Art Foundation
- Assets
- $130.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Walnut, CA
- Founding
- 10/2015
- Data as of
- 12/2021
- EIN
- 35-2542200
Organization Overview
Hongyun Art Foundation is located in Walnut, CA. The organization was established in 2015. According to its NTEE Classification (O53) the organization is classified as: Youth Development - Business, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hongyun Art 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 12/2021, Hongyun Art Foundation generated $16.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (43.5%) each year. All expenses for the organization totaled $95.8k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
TO ENCOURAGE AND ENABLE STUDENTS TO ACHIEVE HIGHER EDUCATIONAL STANDARD AND PERSONAL GROWTH. INTERNATIONAL EDUCATIONAL EXCHANGE WITH STUDENTS FROM THIRD WORLD COUNTRIES
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,303 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $246 |
| Total Revenue | $16,549 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $80,754 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15,090 |
| Total expenses | $95,844 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $128,314 |
| Other assets | $0 |
| Total assets | $130,676 |
| Total liabilities | $0 |
| Net assets or fund balances | $130,676 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hongyun Art Foundation has recieved totaling $51.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $51 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tucson Youth Development Inc Tucson, AZ | $5,641,568 | $6,561,582 |
Enterprise For Youth San Francisco, CA | $1,761,578 | $2,844,856 |
Old Skool Cafe San Francisco, CA | $2,420,596 | $2,414,498 |
Girls Build Portland, OR | $653,032 | $916,642 |
Film2future Inc Los Angeles, CA | $559,202 | $562,765 |
Junior Achievement Of Northern Nevada Inc Reno, NV | $198,342 | $277,581 |
Jews For Entrepreneurship Organization Inc San Francisco, CA | $332,175 | $480,633 |
The Realreal Foundation San Francisco, CA | $2,995,705 | $1,897 |
Five Buckets Four Shovels Foundation San Francisco, CA | $195,617 | $0 |
Orange County Education And Research Institute Irvine, CA | $172,025 | $0 |
Close The Gap Foundation Sunnyvale, CA | $75,708 | $0 |
Nick Cannon Foundation Inc Beverly Hills, CA | $3,623 | $0 |