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Jp Peng & Ashley Chao Foundation

Organization summary

Type of Nonprofit

Designated as a 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 / Fund Raising and/or Fund Distribution (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$60.1k (2025)

Expenses
$59k (2025)

Total Assets
$310k (2025)

Total Liabilities
$0 (2025)

Source: Form 990 tax filings from 2011 to 2025

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 Nov.
2025

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$60,065
Expenses
$58,962
Net Income
$1,103
Net Assets
$310,323
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $20,000
33.3%
Interest Revenue $26
0.0%
Dividends $3,166
5.3%
Sales of Assets $36,873
61.4%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $57,605
97.7%
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 $310,323
Total Liabilities $0
Net Assets $310,323
Compensation
Key Employees and Officers Compensation Other
Jih Ping Peng (Ceo) $0 $0
Ai Shya Chao (Secretary) $0 $0

Document Links

Fiscal Year Ending Nov.
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$46,026
Expenses
$53,847
Net Income
-$7,821
Net Assets
$309,220
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $20,000
43.5%
Interest Revenue $120
0.3%
Dividends $2,507
5.4%
Sales of Assets $23,399
50.8%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $52,165
96.9%
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 $309,220
Total Liabilities $0
Net Assets $309,220
Compensation
Key Employees and Officers Compensation Other
Jih Ping Peng (Ceo) $0 $0
Ai Shya Chao (Secretary) $0 $0

Document Links

Fiscal Year Ending Nov.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$21,809
Expenses
$45,174
Net Income
-$23,365
Net Assets
$317,041
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $20,000
91.7%
Interest Revenue $120
0.6%
Dividends $1,689
7.7%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $43,463
96.2%
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 $317,041
Total Liabilities $0
Net Assets $317,041
Compensation
Key Employees and Officers Compensation Other
Jih Ping Peng (Ceo) $0 $0
Ai Shya Chao (Secretary) $0 $0

Document Links

Fiscal Year Ending Nov.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$26,611
Expenses
$23,840
Net Income
$2,771
Net Assets
$340,406
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $25,000
93.9%
Interest Revenue $32
0.1%
Dividends $1,579
5.9%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $21,857
91.7%
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 $340,406
Total Liabilities $0
Net Assets $340,406
Compensation
Key Employees and Officers Compensation Other
Jih Ping Peng (Ceo) $0 $0
Ai Shya Chao (Secretary) $0 $0

Document Links

Fiscal Year Ending Nov.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$33,878
Expenses
$48,115
Net Income
-$14,237
Net Assets
$337,635
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $25,000
73.8%
Interest Revenue $3
0.0%
Dividends $1,494
4.4%
Sales of Assets $7,381
21.8%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $44,817
93.1%
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 $337,635
Total Liabilities $0
Net Assets $337,635
Compensation
Key Employees and Officers Compensation Other
Jih Ping Peng (Ceo) $0 $0
Ai Shya Chao (Secretary) $0 $0

Document Links

Fiscal Year Ending Nov.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$59,480
Expenses
$23,145
Net Income
$36,335
Net Assets
$351,871
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $25,000
42.0%
Interest Revenue $104
0.2%
Dividends $3,049
5.1%
Sales of Assets $31,327
52.7%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $21,322
92.1%
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 $351,872
Total Liabilities $1
Net Assets $351,871
Compensation
Key Employees and Officers Compensation Other
Jih Ping Peng (Ceo) $0 $0
Ai Shya Chao (Secretary) $0 $0

Document Links

Fiscal Year Ending Nov.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$49,728
Expenses
$23,239
Net Income
$26,489
Net Assets
$315,536
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $40,000
80.4%
Interest Revenue $178
0.4%
Dividends $3,103
6.2%
Sales of Assets $6,447
13.0%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $21,375
92.0%
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 $315,537
Total Liabilities $1
Net Assets $315,536
Compensation
Key Employees and Officers Compensation Other
Jih Ping Peng (Ceo) $0 $0
Ai Shya Chao (Secretary) $0 $0

Document Links

Fiscal Year Ending Nov.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$42,868
Expenses
$18,928
Net Income
$23,940
Net Assets
$289,048
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $30,000
70.0%
Interest Revenue $36
0.1%
Dividends $3,056
7.1%
Sales of Assets $9,776
22.8%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $16,664
88.0%
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 $289,048
Total Liabilities $0
Net Assets $289,048
Compensation
Key Employees and Officers Compensation Other
Jih Ping Peng (Ceo) $0 $0
Ai Shya Chao (Secretary) $0 $0

Document Links

Fiscal Year Ending Nov.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$47,183
Expenses
$18,161
Net Income
$29,022
Net Assets
$265,108
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $20,000
42.4%
Interest Revenue $8
0.0%
Dividends $4,829
10.2%
Sales of Assets $22,346
47.4%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $15,409
84.8%
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 $265,108
Total Liabilities $0
Net Assets $265,108
Compensation
Key Employees and Officers Compensation Other
Jih Ping Peng (Ceo) $0 $0
Ai Shya Chao (Secretary) $0 $0

Document Links

Fiscal Year Ending Nov.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$32,452
Expenses
$11,453
Net Income
$20,999
Net Assets
$236,086
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $30,000
92.4%
Interest Revenue $8
0.0%
Dividends $2,872
8.8%
Sales of Assets -$428
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $9,739
85.0%
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 $236,622
Total Liabilities $536
Net Assets $236,086
Compensation
Key Employees and Officers Compensation Other
Jih Ping Peng (Ceo) $0 $0
Ai Shya Chao (Secretary) $0 $0

Document Links

Fiscal Year Ending Nov.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$29,212
Expenses
$17,357
Net Income
$11,855
Net Assets
$215,087
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $20,000
68.5%
Interest Revenue $27
0.1%
Dividends $2,030
6.9%
Sales of Assets $7,155
24.5%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $15,809
91.1%
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 $215,623
Total Liabilities $536
Net Assets $215,087
Compensation
Key Employees and Officers Compensation Other
Jih Ping Peng (Ceo) $0 $0
Ai Shya Chao (Secretary) $0 $0

Document Links

Fiscal Year Ending Nov.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$26,309
Expenses
$8,263
Net Income
$18,046
Net Assets
$203,232
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $25,000
95.0%
Interest Revenue $17
0.1%
Dividends $1,292
4.9%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $7,095
85.9%
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 $203,770
Total Liabilities $538
Net Assets $203,232
Compensation
Key Employees and Officers Compensation Other
Jih Ping Peng (Ceo) $0 $0
Ai Shya Chao (Secretary & Cfo) $0 $0

Document Links

Fiscal Year Ending Nov.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$45,316
Expenses
$8,568
Net Income
$36,748
Net Assets
$185,186
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $18,000
39.7%
Interest Revenue $24
0.1%
Dividends $1,180
2.6%
Sales of Assets $26,112
57.6%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $6,347
74.1%
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 $185,599
Total Liabilities $413
Net Assets $185,186

Document Links

Fiscal Year Ending Nov.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$41,525
Expenses
$5,569
Net Income
$35,956
Net Assets
$148,437
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $25,000
60.2%
Interest Revenue $40
0.1%
Dividends $1,422
3.4%
Sales of Assets $15,063
36.3%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $5,266
94.6%
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 $148,438
Total Liabilities $1
Net Assets $148,437

Document Links

Fiscal Year Ending Nov.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$29,160
Expenses
$3,674
Net Income
$25,486
Net Assets
$112,482
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $25,000
85.7%
Interest Revenue $51
0.2%
Dividends $733
2.5%
Sales of Assets $3,376
11.6%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $2,648
72.1%
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 $112,720
Total Liabilities $238
Net Assets $112,482

Document Links

Fiscal Year Ending Nov.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Nov.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Nov.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

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.

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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 »

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