Cheong Foundation

990PF • Fiscal year 2020 • EIN 20-5922395

Oct 01, 2019 to Sep 30, 2020 • Filed on Aug 07, 2021

Organization Profile

340 S Lemon Ave 8898Walnut, CA 91789

(702) 550-1551

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • <$500k nonprofits • Source year 2020

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • <$500k nonprofits • Source year 2020

-574%

Higher net margin than 4% of similar nonprofits.

2020 filings • <$500k nonprofits • Source year 2020

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • <$500k nonprofits • Source year 2020

-5.0%

Faster asset growth than 34% of similar nonprofits.

2020 filings • <$500k nonprofits • Annualized from 2019 to 2020

-27%

Faster revenue growth than 38% of similar nonprofits.

2020 filings • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet

Liabilities / Assets57th percentile

Assets

Down

$111,006

Down $5,867 (-5.0%) from 2019

Net Assets

Down

$111,006

Down $5,867 (-5.0%) from 2019

Liabilities

Flat

Flat from 2019

Revenue And Expenses

Liabilities / Revenue57th percentile Net Margin4th percentile

Revenue

Down

$1,598

Down $587 (-27%) from 2019

Expenses

Down

$10,775

Down $6,240 (-37%) from 2019

Net Income

-$9,177

Up $5,653 (+38%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth34th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

Highlighted filing

2020

Assets$111,006

Liabilities$0

Net Assets$111,006

Open 2020 Filing

Operations Trend

Revenue Growth38th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

Highlighted filing

2020

Revenue$1,598

Expenses$10,775

Net Income-$9,177

Open 2020 Filing

Jump To

Filing Snapshot

Filing Period: Oct 1, 2019 to Sep 30, 2020
Signed: Aug 7, 2021
Return Version: 2019v5.1

Compensation and Service Providers

Top Officer Pay77th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
Gerald Cheong	Pres & CFO	-	$0	-	-
Maxwell Cheong	Director	-	$0	-	-
Joao Seak Weng Cheong	Secretary	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Cheong Foundation
EIN: 20-5922395
Phone: 7025501551
Address: 340 S Lemon Ave 8898, Walnut, CA 91789

Signing Officer

Name: Gerald Cheong
Title: President
Phone: 7025501551
Signed: 2021-08-07
Discuss with paid preparer: Yes

Preparer

Firm: Prudent Financial Services Inc
Address: 113-25 QUEENS BLVD STE 117, FOREST HILLS, NY 11375
Preparer: Satish Pareek
Phone: 7184248004

Raw XML Appendix386 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt	1	2014-03-31
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt	2	2017-03-31
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt	3	2019-09-15
DepreciationSchedule/DepreciationPropertyGrp/ComputationMethodTxt	0	200DB
DepreciationSchedule/DepreciationPropertyGrp/ComputationMethodTxt	1	200DB
DepreciationSchedule/DepreciationPropertyGrp/ComputationMethodTxt	2	200DB
DepreciationSchedule/DepreciationPropertyGrp/ComputationMethodTxt	3	200DB
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DepreciationSchedule/DepreciationPropertyGrp/CostOrOtherBasisAmt	2	4064
DepreciationSchedule/DepreciationPropertyGrp/CostOrOtherBasisAmt	3	1045
DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt	0	0
DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt	1	0
DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt	2	468
DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt	3	397
DepreciationSchedule/DepreciationPropertyGrp/LifeRt	0	5.000000000000
DepreciationSchedule/DepreciationPropertyGrp/LifeRt	1	5.000000000000
DepreciationSchedule/DepreciationPropertyGrp/LifeRt	2	5.000000000000
DepreciationSchedule/DepreciationPropertyGrp/LifeRt	3	5.000000000000
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt	0	1027
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt	1	1401
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt	2	2893
DepreciationSchedule/DepreciationPropertyGrp/PriorYearDepreciationAmt	3	52
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc	0	COMPUTER EQUIPMENT
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc	1	Equipments 2014
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc	2	COMPUTER EQUIPMENTS 2017
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc	3	COMPUTER EQUIPMENTS 2018
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt	0	3885
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt	1	20298
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt	2	10189
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt	3	24621
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt	4	9646
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt	0	3539
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InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt	2	15070
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt	3	33142
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt	4	15382
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm	0	238 STOCK OF ETG
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm	1	180 STOCK OF GLD
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm	2	45 STOCK OF SPY
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm	3	203 STOCK OF TLT
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm	4	50 STOCKS OF VOO
IRS990PF/AnalysisIncomeProducingActyGrp/DivAndIntFromSecPartVIIGrp/ExclusionAmt	0	1598
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IRS990PF/AnalysisOfRevenueAndExpenses/CapGainNetIncmNetInvstIncmAmt	0	3710
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidDsbrsChrtblAmt	0	0
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidRevAndExpnssAmt	0	0
IRS990PF/AnalysisOfRevenueAndExpenses/DeprecAndDpltnRevAndExpnssAmt	0	865
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IRS990PF/AnalysisOfRevenueAndExpenses/DividendsRevAndExpnssAmt	0	1598
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IRS990PF/AnalysisOfRevenueAndExpenses/GrossProfitRevAndExpnssAmt	0	0
IRS990PF/AnalysisOfRevenueAndExpenses/InterestNetInvstIncmAmt	0	559
IRS990PF/AnalysisOfRevenueAndExpenses/InterestRevAndExpnssAmt	0	559
IRS990PF/AnalysisOfRevenueAndExpenses/LegalFeesRevAndExpnssAmt	0	0
IRS990PF/AnalysisOfRevenueAndExpenses/NetInvestmentIncomeAmt	0	4749
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesDsbrsChrtblAmt	0	3946
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesRevAndExpnssAmt	0	3946
IRS990PF/AnalysisOfRevenueAndExpenses/OtherIncomeRevAndExpnssAmt	0	0
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesRevAndExpnssAmt	0	0
IRS990PF/AnalysisOfRevenueAndExpenses/ScheduleBNotRequiredInd	0	X
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesDsbrsChrtblAmt	0	10
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesRevAndExpnssAmt	0	10
IRS990PF/AnalysisOfRevenueAndExpenses/TotalAdjNetIncmAmt	0	1598
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesDsbrsChrtblAmt	0	9351
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesNetInvstIncmAmt	0	559
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesRevAndExpnssAmt	0	10775
IRS990PF/AnalysisOfRevenueAndExpenses/TotalNetInvstIncmAmt	0	5308
IRS990PF/AnalysisOfRevenueAndExpenses/TotalRevAndExpnssAmt	0	1598
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesDsbrsChrtblAmt	0	9351
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesNetInvstIncmAmt	0	559
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesRevAndExpnssAmt	0	10775
IRS990PF/AnalysisOfRevenueAndExpenses/TravConfMeetingDsbrsChrtblAmt	0	4545
IRS990PF/AnalysisOfRevenueAndExpenses/TravConfMeetingRevAndExpnssAmt	0	4545
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt	0	2017-01-06
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt	1	2017-01-06
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AdjustedBasisAsOf123169Amt	0	0
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AdjustedBasisAsOf123169Amt	1	0
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/CostOrOtherBasisAmt	0	4489
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/CostOrOtherBasisAmt	1	2788
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/DepreciationAmt	0	0
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/DepreciationAmt	1	0
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/ExcessFMVOverAdjustedBssAmt	0	0
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/ExcessFMVOverAdjustedBssAmt	1	0
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/FMVAsOf123169Amt	0	0
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/FMVAsOf123169Amt	1	0
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IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/HowAcquiredCd	0	P
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/HowAcquiredCd	1	P
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/PropertyDesc	0	40 SHARES OF GLD
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/PropertyDesc	1	23 SHARES OF TLT
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/SoldDt	0	2020-09-21
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/SoldDt	1	2020-09-21
IRS990PF/CapGainsLossTxInvstIncmDetail/CapitalGainNetIncomeAmt	0	3710
IRS990PF/ChgInNetAssetsFundBalancesGrp/ExcessRevenueOverExpensesAmt	0	-9177
IRS990PF/ChgInNetAssetsFundBalancesGrp/OtherDecreasesAmt	0	400
IRS990PF/ChgInNetAssetsFundBalancesGrp/OtherIncreasesAmt	0	3710
IRS990PF/ChgInNetAssetsFundBalancesGrp/SubtotalAmt	0	111406
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesBOYAmt	0	116873
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesEOYAmt	0	111006
IRS990PF/DistributableAmountGrp/DistributableAsAdjustedAmt	0	6837
IRS990PF/DistributableAmountGrp/DistributableBeforeAdjAmt	0	6837
IRS990PF/DistributableAmountGrp/DistributableBeforeDedAmt	0	6837
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IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxUnderSection511Amt	0	0
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TotalPaymentsAndCreditsAmt	0	150
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IRS990PF/Form990PFBalanceSheetsGrp/CapitalStockEOYAmt	0	43681
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockBOYAmt	0	75914
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IRS990PF/Form990PFBalanceSheetsGrp/LandBldgEquipCostOrOtherBssAmt	0	7537
IRS990PF/Form990PFBalanceSheetsGrp/LandBldgInvestmentsEOYAmt	0	0
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IRS990PF/Form990PFBalanceSheetsGrp/LandEOYFMVAmt	0	1299
IRS990PF/Form990PFBalanceSheetsGrp/LoansFromOfficersEOYAmt	0	0
IRS990PF/Form990PFBalanceSheetsGrp/MortgagesAndNotesPayableEOYAmt	0	0
IRS990PF/Form990PFBalanceSheetsGrp/OrgDoesNotFollowFASB117Ind	0	X
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IRS990PF/Form990PFBalanceSheetsGrp/OtherInvestmentsEOYAmt	0	0
IRS990PF/Form990PFBalanceSheetsGrp/OtherLiabilitiesBOYAmt	0	0
IRS990PF/Form990PFBalanceSheetsGrp/OtherLiabilitiesEOYAmt	0	0
IRS990PF/Form990PFBalanceSheetsGrp/OtherNtsAndLoansRcvblEOYAmt	0	0
IRS990PF/Form990PFBalanceSheetsGrp/RcvblFromOfficersEOYAmt	0	0
IRS990PF/Form990PFBalanceSheetsGrp/RetainedEarningBOYAmt	0	73192
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IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYAmt	0	111006
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IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesEOYAmt	0	0
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IRS990PF/MethodOfAccountingCashInd	0	X
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IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyCashBalancesAmt	0	39509
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyFMVOfSecAmt	0	101249
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IRS990PF/MinimumInvestmentReturnGrp/TotalFMVOfUnusedAssetsAmt	0	140758
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt	0	0
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt	2	0
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt	1	0
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm	0	Gerald Cheong
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm	1	Maxwell Cheong
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm	2	Joao Seak Weng Cheong
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt	0	Pres & CFO
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt	1	Director
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt	2	Secretary
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt	0	5258 Steinbrenner Lane
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt	1	1234 Socorro Ave
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt	2	5258 Steinbrenner Lane
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm	0	Las Vegas
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm	1	Sunnyvale
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm	2	Las Vegas
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd	2	NV
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd	0	89118
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd	1	94089
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd	2	89118
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OtherEmployeePaidOver50kCnt	0	0
IRS990PF/Organization501c3ExemptPFInd	0	X
IRS990PF/QlfyUndSect4940eReducedTaxGrp/AdjNetVlNoncharitableAssetsAmt	0	28664
IRS990PF/QlfyUndSect4940eReducedTaxGrp/AdjNonchrtblNetInvstIncmPctAmt	0	28711
IRS990PF/QlfyUndSect4940eReducedTaxGrp/AdjustedQlfyDistriYr1Amt	0	16073
IRS990PF/QlfyUndSect4940eReducedTaxGrp/AdjustedQlfyDistriYr2Amt	0	9908
IRS990PF/QlfyUndSect4940eReducedTaxGrp/AdjustedQlfyDistriYr3Amt	0	91886
IRS990PF/QlfyUndSect4940eReducedTaxGrp/AdjustedQlfyDistriYr4Amt	0	41745
IRS990PF/QlfyUndSect4940eReducedTaxGrp/AdjustedQlfyDistriYr5Amt	0	51578
IRS990PF/QlfyUndSect4940eReducedTaxGrp/AverageDistributionRt	0	0.206740
IRS990PF/QlfyUndSect4940eReducedTaxGrp/DistributionYr1Rt	0	0.118715
IRS990PF/QlfyUndSect4940eReducedTaxGrp/DistributionYr2Rt	0	0.070646
IRS990PF/QlfyUndSect4940eReducedTaxGrp/DistributionYr3Rt	0	0.495169
IRS990PF/QlfyUndSect4940eReducedTaxGrp/DistributionYr4Rt	0	0.173246
IRS990PF/QlfyUndSect4940eReducedTaxGrp/DistributionYr5Rt	0	0.175925
IRS990PF/QlfyUndSect4940eReducedTaxGrp/NetInvestmentIncomePctAmt	0	47
IRS990PF/QlfyUndSect4940eReducedTaxGrp/NetVlNoncharitableAssetsAmt	0	138647
IRS990PF/QlfyUndSect4940eReducedTaxGrp/NetVlNoncharitableAssetsYr1Amt	0	135392
IRS990PF/QlfyUndSect4940eReducedTaxGrp/NetVlNoncharitableAssetsYr2Amt	0	140249
IRS990PF/QlfyUndSect4940eReducedTaxGrp/NetVlNoncharitableAssetsYr3Amt	0	185565
IRS990PF/QlfyUndSect4940eReducedTaxGrp/NetVlNoncharitableAssetsYr4Amt	0	240958
IRS990PF/QlfyUndSect4940eReducedTaxGrp/NetVlNoncharitableAssetsYr5Amt	0	293181
IRS990PF/QlfyUndSect4940eReducedTaxGrp/QualifyingDistributionsAmt	0	9351
IRS990PF/QlfyUndSect4940eReducedTaxGrp/TotalDistributionRt	0	1.033701
IRS990PF/QualifyingDistriPartXIIGrp/AdjustedQualifyingDistriAmt	0	9351
IRS990PF/QualifyingDistriPartXIIGrp/ExpensesAndContributionsAmt	0	9351
IRS990PF/QualifyingDistriPartXIIGrp/PctSect4940eOrgNetInvstIncmAmt	0	0
IRS990PF/QualifyingDistriPartXIIGrp/QualifyingDistributionsAmt	0	9351
IRS990PF/StatementsRegardingActy4720Grp/BrrwOrLendDisqualifiedPrsnInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/BusinessHoldingsInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/FurnGoodsDisqualifiedPrsnInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToIndividualsInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceElectionInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceLegislationInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/JeopardyInvestmentsInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/NoncharitablePurposeInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/PayCompDisqualifiedPrsnInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/PaymentToGovernmentOfficialInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/PayPremiumsPrsnlBnftCntrctInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/ProhibitedTaxShelterTransInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/RcvFndsToPayPrsnlBnftCntrctInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/SaleOrExchDisqualifiedPrsnInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/TransferAstDisqualifiedPrsnInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPriorActsInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPYJeopardyInvstInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd	0	false
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd	0	false
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd	0	true
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd	0	false
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd	0	true
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd	0	false
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd	0	false
IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd	0	false
IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd	0	true
IRS990PF/StatementsRegardingActyGrp/IndividualWithBooksNm	0	Gerald Cheong
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd	0	false
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt	0	340 S Lemon Ave 8898
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm	0	WALNUT
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd	0	CA
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd	0	91789
IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd	0	false
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd	0	false
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd	0	false
IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd	0	CA
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd	0	false
IRS990PF/StatementsRegardingActyGrp/PhoneNum	0	7025501551
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd	0	false
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd	0	true
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd	0	false
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt	0	N/A
IRS990PF/SupplementaryInformationGrp/ContributingManagerNm	0	GERALD CHEONG
IRS990PF/SupplementaryInformationGrp/ContributingManagerNm	1	MAXWELL CHEONG
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd	0	X
IRS990PF/SupplementaryInformationGrp/ShareholderManagerNm	0	NONE
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd	0	false
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt	0	6837
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr1Amt	0	16073
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr2Amt	0	9908
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr3Amt	0	92064
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr4Amt	0	42104
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr5Amt	0	51685
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt	0	51685
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt	0	169500
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt	0	9351
IRS990PF/UndistributedIncomeGrp/ExcessFromYear1Amt	0	16073
IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt	0	9908
IRS990PF/UndistributedIncomeGrp/ExcessFromYear3Amt	0	92064
IRS990PF/UndistributedIncomeGrp/ExcessFromYear4Amt	0	42104
IRS990PF/UndistributedIncomeGrp/PriorYearUndistributedIncmAmt	0	0
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt	0	9351
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt	0	9351
IRS990PF/UndistributedIncomeGrp/Taxable1Amt	0	0
IRS990PF/UndistributedIncomeGrp/Taxable2Amt	0	0
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt	0	221185
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt	0	211834
IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt	0	0
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt	0	6837
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt	0	1027
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt	1	1401
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt	2	3361
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt	3	449
LandEtcSchedule2/LandEtcGrp/BookValueAmt	0	0
LandEtcSchedule2/LandEtcGrp/BookValueAmt	1	0
LandEtcSchedule2/LandEtcGrp/BookValueAmt	2	703
LandEtcSchedule2/LandEtcGrp/BookValueAmt	3	596
LandEtcSchedule2/LandEtcGrp/CategoryOrItemTxt	0	COMPUTER EQUIPMENT
LandEtcSchedule2/LandEtcGrp/CategoryOrItemTxt	1	EQUIPMENT 2014
LandEtcSchedule2/LandEtcGrp/CategoryOrItemTxt	2	COMPUTER EQUIPMENTS 2017
LandEtcSchedule2/LandEtcGrp/CategoryOrItemTxt	3	COMPUTER EQUIPMENTS 2018
LandEtcSchedule2/LandEtcGrp/CostOrOtherBasisAmt	0	1027
LandEtcSchedule2/LandEtcGrp/CostOrOtherBasisAmt	1	1401
LandEtcSchedule2/LandEtcGrp/CostOrOtherBasisAmt	2	4064
LandEtcSchedule2/LandEtcGrp/CostOrOtherBasisAmt	3	1045
OtherDecreasesSchedule/OtherDecreasesDetail/Amt	0	400
OtherDecreasesSchedule/OtherDecreasesDetail/Desc	0	FEDERAL TAX
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	0	Meals & Entertainment
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	1	Telephone
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	2	Dues and subscriptions
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	3	Office Supplies
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	4	Postage
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	5	Utilities
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	6	Bank Charges and fees
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	0	2910
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	1	41
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	2	138
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	3	459
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	4	288
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	5	37
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	6	73
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	0	2910
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	1	41
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	2	138
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	3	459
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	4	288
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	5	37
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	6	73
OtherIncreasesSchedule/OtherIncreasesDetail/Amt	0	3710
OtherIncreasesSchedule/OtherIncreasesDetail/Desc	0	CAPITAL GAINS
TaxesSchedule/TaxesDetail/Amt	0	10
TaxesSchedule/TaxesDetail/CategoryTxt	0	State Tax
TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt	0	10
ReturnHeader/BuildTS	0	2022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	GERALD CHEONG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	7025501551
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2021-08-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	CHEONG FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt	0	CHEO
ReturnHeader/Filer/EIN	0	205922395
ReturnHeader/Filer/PhoneNum	0	7025501551
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	340 S Lemon Ave 8898
ReturnHeader/Filer/USAddress/CityNm	0	Walnut
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	CA
ReturnHeader/Filer/USAddress/ZIPCd	0	91789
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	PRUDENT FINANCIAL SERVICES INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	113-25 QUEENS BLVD STE 117
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	FOREST HILLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	11375
ReturnHeader/PreparerPersonGrp/PhoneNum	0	7184248004
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2021-08-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	SATISH PAREEK
ReturnHeader/ReturnTs	0	2021-08-13T06:14:47-07:00
ReturnHeader/ReturnTypeCd	0	990PF
ReturnHeader/TaxPeriodBeginDt	0	2019-10-01
ReturnHeader/TaxPeriodEndDt	0	2020-09-30
ReturnHeader/TaxYr	0	2019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $111,006
Liabilities: $0
Net assets: $111,006
Revenue: $1,598
Expenses: $10,775
Net income: -$9,177

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$0.76	$0.00	$0.76	$0.02	$0.22	$0.20
2023Detailed filing. Detailed filing data is available for this year.	$0.92	$0.00	$0.92	$0.03	$0.21	$0.18
2022Detailed filing. Detailed filing data is available for this year.	$1.10	$0.00	$1.10	$0.01	$0.13	$0.12
2021Detailed filing. Detailed filing data is available for this year.	$1.09	$0.00	$1.09	$0.01	$0.11	$0.10
2020Detailed filing. Detailed filing data is available for this year.	$1.11	$0.00	$1.11	$0.02	$0.11	$0.09
2019Detailed filing. Detailed filing data is available for this year.	$1.17	$0.00	$1.17	$0.02	$0.17	$0.15
2015Summary only. Only limited summary data is available for this year.	$2.19	$0.00		$0.04	$0.52	$0.48
2014Summary only. Only limited summary data is available for this year.	$2.60	$0.00		$0.20	$0.76	$0.56
2013Summary only. Only limited summary data is available for this year.	$3.22	$0.00		$0.42	$0.47	$0.05
2012Summary only. Only limited summary data is available for this year.	$3.28	$0.00		$0.91	$0.17	$0.74
2011Summary only. Only limited summary data is available for this year.	$2.55	$0.00		$0.74	$0.20	$0.54