Tlbu Foundation Inc

Pleasantville, NJ
Tax-exempt since April 2001
EIN: 52-2242995

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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: Educational Institutions and Related Activities / Graduate, Professional Schools (Separate Entities) (NTEE)

Donations to this organization are tax deductible.

Details

According to its Feb. 2022 tax filing, this nonprofit:

Reported conflict of interest transactions

Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Revenue

$273k (2022)

Expenses

$159k (2022)

Total Assets

$4.52M (2022)

Total Liabilities

$1.12M (2022)

Source: Form 990 tax filings from 2012 to 2022

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 Feb.
2022

Revenue

$272,643

Expenses

$158,972

Net Income

$113,671

Net Assets

$3,396,170

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$121,951	44.7%
Program Services	$103,720	38.0%
Investment Income	$51,764	19.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	-$4,792
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$9,600	6.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$11,878	7.5%

Assets/Debt
Total Assets	$4,519,552
Total Liabilities	$1,123,382
Net Assets	$3,396,170

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Ya Wang (Secretary/Treasurer)	$9,400	$0	$0
Byung Hwa Lyou (President)	$0	$0	$0
Liang Cheng (Director)	$0	$0	$0

990

Filed on Nov. 16, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Feb.
2021

Revenue

$352,216

Expenses

$187,390

Net Income

$164,826

Net Assets

$3,282,499

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$100,018	28.4%
Program Services	$138,385	39.3%
Investment Income	$54,326	15.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$42,487	12.1%
Net Fundraising	$0
Sales of Assets	$17,000	4.8%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$10,800	5.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$20,000	10.7%

Assets/Debt
Total Assets	$4,502,123
Total Liabilities	$1,219,624
Net Assets	$3,282,499

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Ya Wang (Secretary/Treasurer)	$9,900	$0	$0
Byung Hwa Lyou (President)	$0	$0	$0
Liang Cheng (Director)	$0	$0	$0

990

Filed on Feb. 11, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Feb.
2020

Revenue

$505,098

Expenses

$369,090

Net Income

$136,008

Net Assets

$3,117,673

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$177,412	35.1%
Program Services	$228,470	45.2%
Investment Income	$54,022	10.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$44,443	8.8%
Net Fundraising	$0
Sales of Assets	$751	0.1%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$28,600	7.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$23,900	6.5%

Assets/Debt
Total Assets	$4,424,236
Total Liabilities	$1,306,563
Net Assets	$3,117,673

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Ya Wang (Secretary/Treasurer)	$28,600	$0	$0
Byung Hwa Lyou (President)	$0	$0	$0
Liang Cheng (Director)	$0	$0	$0

990

Filed on Jan. 15, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Feb.
2019

Revenue

$380,076

Expenses

$327,634

Net Income

$52,442

Net Assets

$2,981,665

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$15,524	4.1%
Program Services	$261,365	68.8%
Investment Income	$8,699	2.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$94,367	24.8%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$121	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$55,000	16.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$17,550	5.4%

Assets/Debt
Total Assets	$4,301,276
Total Liabilities	$1,319,611
Net Assets	$2,981,665

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Ya Wang (Secretary/Treasurer)	$55,000	$0	$0
Byung Hwa Lyou (President)	$0	$0	$0
Liang Cheng (Director)	$0	$0	$0

990

Filed on Nov. 8, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Feb.
2018

Revenue

$384,307

Expenses

$387,976

Net Income

-$3,669

Net Assets

$2,929,223

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$8,049	2.1%
Program Services	$267,282	69.5%
Investment Income	$4,655	1.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$104,321	27.1%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$60,000	15.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$24,000	6.2%

Assets/Debt
Total Assets	$3,527,010
Total Liabilities	$597,787
Net Assets	$2,929,223

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Ya Wang (Director)	$60,000	$0	$0
Thomas Ryou (Director)	$0	$0	$0
Young Hwan Chung (Director)	$0	$0	$0
Byung Hwa Lyou (President)	$0	$0	$0
Sou Hyung Lyou (Director)	$0	$0	$0

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990

Filed on Jan. 11, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Feb.
2017

Revenue

$266,632

Expenses

$257,539

Net Income

$9,093

Net Assets

$2,932,892

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$138,016	51.8%
Program Services	$116,385	43.7%
Investment Income	$2	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$10,955	4.1%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$1,274	0.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$60,000	23.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$4,823	1.9%

Assets/Debt
Total Assets	$3,602,809
Total Liabilities	$669,917
Net Assets	$2,932,892

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Ya Wang (Director)	$60,000	$0	$0
Thomas Ryou (Director)	$0	$0	$0
Young Hwan Chung (Director)	$0	$0	$0
Byung Hwa Lyou (President)	$0	$0	$0
Sou Hyung Lyou (Director)	$0	$0	$0

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990

Filed on Jan. 15, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Feb.
2016

Revenue

$528,190

Expenses

$450,595

Net Income

$77,595

Net Assets

$2,923,799

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$461,269	87.3%
Program Services	$0
Investment Income	$939	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$65,982	12.5%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$96,161	21.3%

Assets/Debt
Total Assets	$3,667,899
Total Liabilities	$744,100
Net Assets	$2,923,799

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Thomas Ryou (Director)	$0	$0	$0
Young Hwan Chung (Director)	$0	$0	$0
Byung Hwa Lyou (President)	$0	$0	$0
Sou Hyung Lyou (Director)	$0	$0	$0

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990

Filed on Oct. 13, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

PDF XML

PDF (2 of 2)

Fiscal Year Ending Feb.
2015

Revenue

-$52,021

Expenses

$639,133

Net Income

-$691,154

Net Assets

$2,846,204

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$4,600
Program Services	$0
Investment Income	$256
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$28,515
Net Fundraising	$0
Sales of Assets	-$85,392
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$48,992	7.7%

Assets/Debt
Total Assets	$3,348,452
Total Liabilities	$502,248
Net Assets	$2,846,204

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Feb.
2014

Revenue

$818,545

Expenses

$417,911

Net Income

$400,634

Net Assets

$3,537,358

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$338,212	41.3%
Program Services	$0
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$147,481	18.0%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$332,852	40.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$5,007	1.2%

Assets/Debt
Total Assets	$4,060,606
Total Liabilities	$523,248
Net Assets	$3,537,358

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Ming Yang Xu (Secretary)	$5,311	$0	$0
Young Hwan Chung (Director)	$0	$0	$0
Byung Hwa Lyou (President)	$0	$0	$0
Sou Hyung Lyou (Director)	$0	$0	$0
Thomas Ryou (Director)	$0	$0	$0

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990

Filed on Sept. 9, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Feb.
2013

Revenue

$7,731,904

Expenses

$5,396,615

Net Income

$2,335,289

Net Assets

$3,436,219

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$103,210	1.3%
Program Services	$0
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$62,579	0.8%
Net Fundraising	$0
Sales of Assets	$7,566,115	97.9%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$3,959,467
Total Liabilities	$523,248
Net Assets	$3,436,219

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Feb.
2012

Revenue

$43,769

Expenses

$392,265

Net Income

-$348,496

Net Assets

$1,100,930

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$43,769	100%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$43,952	11.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,806,197
Total Liabilities	$705,267
Net Assets	$1,100,930

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Feb.
2011

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

990

PDF (2 of 2)

Fiscal Year Ending Feb.
2001

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

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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.

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Types of Nonprofits

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Updated December 20, 2024

Tlbu Foundation Inc

Organization summary

Type of Nonprofit

Details

Summary charts: organization finances over time

Revenue $273k (2022)

Expenses $159k (2022)

Total Assets $4.52M (2022)

Total Liabilities $1.12M (2022)

Tax Filings by Year

Fiscal Year Ending Feb. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Feb. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Feb. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Feb. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Feb. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Feb. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Feb. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Feb. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Feb. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Feb. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

990-T

Fiscal Year Ending Feb. 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Revenue

$273k (2022)

Expenses

$159k (2022)

Total Assets

$4.52M (2022)

Total Liabilities

$1.12M (2022)

Fiscal Year Ending Feb.
2022

Fiscal Year Ending Feb.
2021

Fiscal Year Ending Feb.
2020

Fiscal Year Ending Feb.
2019

Fiscal Year Ending Feb.
2018

Fiscal Year Ending Feb.
2017

Fiscal Year Ending Feb.
2016

Fiscal Year Ending Feb.
2015

Fiscal Year Ending Feb.
2014

Fiscal Year Ending Feb.
2013

Fiscal Year Ending Feb.
2012

Fiscal Year Ending Feb.
2011

Fiscal Year Ending Feb.
2010

Fiscal Year Ending Feb.
2009

Fiscal Year Ending Feb.
2008

Fiscal Year Ending Feb.
2007

Fiscal Year Ending Feb.
2006

Fiscal Year Ending Feb.
2005

Fiscal Year Ending Feb.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Feb.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Feb.
2002

Fiscal Year Ending Feb.
2001