Chun Geng Foundation
- Assets
- $2.4m
- Revenue
- $174.0k
- Investments
- $2.3m
- Employees
- 0
- Location
- Sammamish, WA
- Founding
- Data as of
- 12/2023
- EIN
- 87-3664595
Organization Overview
Chun Geng Foundation is located in Sammamish, WA. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, 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. Chun Geng 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, Chun Geng Foundation generated $174.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (57.7%) each year.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Faru Nie President | 4 | $0 | |
Jun Nie Secretary | 30 | $35,250 | |
Farong Nie CFO | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $162,960 |
| Interest on Savings | $8,689 |
| Dividends & Interest | $2,102 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $210 |
| Capital Gain Net Income | $210 |
| Net ST Capital Gain | $210 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $173,961 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $35,250 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $2,697 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,076 |
| Printing and publications | $0 |
| Other expenses | $7,633 |
| Total operating and administrative expenses | $49,716 |
| Contributions, gifts, grants paid | $45,000 |
| Total expenses and disbursements | $94,716 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,901 |
| 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 | $21,919 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $20,000 |
| Total assets | $2,400,670 |
| Accounts payable and accrued expenses | $210 |
| 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 | $210 |
Grants Awarded
Over the last fiscal year, Chun Geng Foundation has awarded $45,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF WASHINGTON PURPOSE: DONATION | $6,000 |
UNIVERSITY OF WASHINGTON PURPOSE: DONATION | $3,000 |
UNIVERSITY OF WASHINGTON PURPOSE: DONATION | $5,000 |
UNIVERSITY OF WASHINGTON PURPOSE: DONATION | $5,000 |
MUSEUM OF GLASS PURPOSE: DONATION | $10,000 |
MUSEUM OF GLASS PURPOSE: DONATION | $15,000 |