Ang Lim Wellspring Inc
- Assets
- $372.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Playa Vista, CA
- Founding
- 09/2013
- Data as of
- 12/2021
- EIN
- 46-2247116
Organization Overview
Ang Lim Wellspring Inc is located in Playa Vista, CA. The organization was established in 2013. According to its NTEE Classification (P40) the organization is classified as: Family 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. Ang Lim Wellspring Inc 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, Ang Lim Wellspring Inc generated $2.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.9%) each year. All expenses for the organization totaled $41.3k 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 PROVIDE FINANCIAL ASSISTANCE TO NEEDY INDIVIDUALS AND FAMILIES AND PROMOTE SOLID FAMILY AND COMMUNITY VALUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Ang President | 5 | $0 | |
Godfred Tong Vice Preside | 5 | $0 | |
Kathryn Tong Sec/treasure | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,309 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $925 |
| Total Revenue | $2,234 |
| 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 | $8,373 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,387 |
| Total expenses | $41,255 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $371,969 |
| Other assets | $0 |
| Total assets | $371,969 |
| Total liabilities | $162,996 |
| Net assets or fund balances | $208,973 |
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