Dr Shuang Xin Tsao Private Foundation

Brooklyn, NY
Tax-exempt since July 2006
EIN: 26-0110077

Receive an email when new data is available for this organization.

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Grantmaking Foundations (NTEE)

Donations to this organization are tax deductible.

Revenue

$251k (2023)

Expenses

$251k (2023)

Total Assets

$1.45M (2023)

Total Liabilities

$286k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Revenue

$251,218

Expenses

$251,254

Net Income

-$36

Net Assets

$1,168,605

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$96,500	38.4%
Interest Revenue	$0
Dividends	$103,969	41.4%
Sales of Assets	$50,749	20.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$244,954	97.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,454,798
Total Liabilities	$286,193
Net Assets	$1,168,605

Compensation

Key Employees and Officers	Compensation	Other
Shuang Troy (Director)	$0	$0
James Tsao (Director)	$0	$0
Andrew Tsao (Director)	$0	$0

990-PF

Filed on Nov. 11, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

-$1,879,574

Expenses

$269,033

Net Income

-$2,148,607

Net Assets

$1,168,641

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$291,436
Sales of Assets	-$2,171,010
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$269,033	100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,538,861
Total Liabilities	$370,220
Net Assets	$1,168,641

Compensation

Key Employees and Officers	Compensation	Other
Shuang Troy (Director)	$0	$0
James Tsao (Director)	$0	$0
Andrew Tsao (Director)	$0	$0

990-PF

Filed on Nov. 15, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$1,461,021

Expenses

$164,911

Net Income

$1,296,110

Net Assets

$3,317,248

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$417,088	28.5%
Interest Revenue	$0
Dividends	$138,772	9.5%
Sales of Assets	$905,161	62.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$164,911	100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,317,248
Total Liabilities	$0
Net Assets	$3,317,248

Compensation

Key Employees and Officers	Compensation	Other
Shuang Troy (Director)	$0	$0
James Tsao (Director)	$0	$0
Andrew Tsao (Director)	$0	$0

990-PF

Filed on Feb. 19, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2020

Revenue

$118,325

Expenses

$116,672

Net Income

$1,653

Net Assets

$2,021,137

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$190,000	> 100%
Interest Revenue	$0
Dividends	$59,394	50.2%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$116,672	100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,021,138
Total Liabilities	$1
Net Assets	$2,021,137

Compensation

Key Employees and Officers	Compensation	Other
Shuang Troy (Director)	$0	$0
James Tsao (Director)	$0	$0
Andrew Tsao (Director)	$0	$0

990-PF

Filed on Nov. 15, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$342,429

Expenses

$108,027

Net Income

$234,402

Net Assets

$2,019,484

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$158,343	46.2%
Interest Revenue	$0
Dividends	$92,806	27.1%
Sales of Assets	$91,280	26.7%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$107,817	99.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,019,485
Total Liabilities	$1
Net Assets	$2,019,484

Compensation

Key Employees and Officers	Compensation	Other
Shuang Troy (Director)	$0	$0
James Tsao (Director)	$0	$0
Andrew Tsao (Director)	$0	$0

990-PF

Filed on Nov. 12, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2018

Revenue

$164,437

Expenses

$106,470

Net Income

$57,967

Net Assets

$1,785,083

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$131,685	80.1%
Interest Revenue	$171	0.1%
Dividends	$93,999	57.2%
Sales of Assets	-$82,457
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$95,201	89.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,785,083
Total Liabilities	$0
Net Assets	$1,785,083

Compensation

Key Employees and Officers	Compensation	Other
Shuang Troy (Director)	$0	$0
James Tsao (Director)	$0	$0
Andrew Tsao (Director)	$0	$0

990-PF

Filed on Nov. 14, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2017

Revenue

$295,322

Expenses

$96,838

Net Income

$198,484

Net Assets

$1,727,116

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$211,060	71.5%
Interest Revenue	$21	0.0%
Dividends	$59,373	20.1%
Sales of Assets	$24,868	8.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$96,688	99.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,727,116
Total Liabilities	$0
Net Assets	$1,727,116

Compensation

Key Employees and Officers	Compensation	Other
Shuang Troy (Director)	$0	$0
James Tsao (Director)	$0	$0
Andrew Tsao (Director)	$0	$0

990-PF

Filed on Nov. 14, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2016

Revenue

$239,665

Expenses

$73,854

Net Income

$165,811

Net Assets

$1,528,632

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$131,854	55.0%
Interest Revenue	$3	0.0%
Dividends	$32,422	13.5%
Sales of Assets	$75,386	31.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$73,854	100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,528,632
Total Liabilities	$0
Net Assets	$1,528,632

Compensation

Key Employees and Officers	Compensation	Other
Shuang Troy (Director)	$0	$0
James Tsao (Director)	$0	$0
Andrew Tsao (Director)	$0	$0

990-PF

Filed on Oct. 31, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2015

Revenue

$260,547

Expenses

$66,700

Net Income

$193,847

Net Assets

$1,362,821

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$192,280	73.8%
Interest Revenue	$8	0.0%
Dividends	$27,172	10.4%
Sales of Assets	$39,496	15.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$66,700	100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,362,821
Total Liabilities	$0
Net Assets	$1,362,821

Compensation

Key Employees and Officers	Compensation	Other
Shuang Troy (Director)	$0	$0
James Tsao (Director)	$0	$0
Andrew Tsao (Director)	$0	$0

990-PF

Filed on Nov. 14, 2016

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2014

Revenue

$226,982

Expenses

$74,471

Net Income

$152,511

Net Assets

$1,168,974

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$190,233	83.8%
Interest Revenue	$4	0.0%
Dividends	$34,987	15.4%
Sales of Assets	-$6,785
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$74,471	100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,168,974
Total Liabilities	$0
Net Assets	$1,168,974

Compensation

Key Employees and Officers	Compensation	Other
Shuang Troy (Director)	$0	$0
James Tsao (Director)	$0	$0
Andrew Tsao (Director)	$0	$0

990-PF

Filed on Nov. 14, 2015

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2013

Revenue

$147,059

Expenses

$58,689

Net Income

$88,370

Net Assets

$1,016,463

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$114,926	78.1%
Interest Revenue	$10	0.0%
Dividends	$40,553	27.6%
Sales of Assets	-$18,642
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$58,689	100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,016,463
Total Liabilities	$0
Net Assets	$1,016,463

Compensation

Key Employees and Officers	Compensation	Other
Shuang Troy (Director)	$0	$0
James Tsao (Director)	$0	$0
Andrew Tsao (Director)	$0	$0

990-PF

Filed on Nov. 13, 2014

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2012

Revenue

$257,798

Expenses

$60,034

Net Income

$197,764

Net Assets

$928,092

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$304,199	> 100%
Interest Revenue	$18	0.0%
Dividends	$62,024	24.1%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$60,034	100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$928,093
Total Liabilities	$1
Net Assets	$928,092

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$109,550

Expenses

$42,958

Net Income

$66,592

Net Assets

$730,329

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$20,475	18.7%
Interest Revenue	$67	0.1%
Dividends	$40,201	36.7%
Sales of Assets	$48,807	44.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$42,958	100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$730,329
Total Liabilities	$0
Net Assets	$730,329

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

PDF (2 of 2)

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated June 30, 2025

Dr Shuang Xin Tsao Private Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $251k (2023)

Expenses $251k (2023)

Total Assets $1.45M (2023)

Total Liabilities $286k (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Revenue

$251k (2023)

Expenses

$251k (2023)

Total Assets

$1.45M (2023)

Total Liabilities

$286k (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006