HSU Family Educational Foundation Inc
Donations deductibleRevenue
$747k
year to 31 October 2024
Expenses
$880k
year to 31 October 2024
Total assets
$1.9m
$116k liabilities
Net assets
$1.8m
assets less liabilities
Directors and trustees
3
8.4 years on average
Staff
0
employees, year to 31 October 2024
Left since last filing
0
no seats appear to have opened
Officers and senior staff
3
named in Part VII
HSU Family Educational Foundation Inc's network
3 peoplei3 people on this map.The large node is the subject of this page. Solid lines are what the register itself records (3). Form 990 filings give names without a person identifier; SEC insider filings carry a CIK.The board
3 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 4 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| D Timothy Herndon | Secretary/Treasurer | 2018 | 8 yrs |
| Majes HSU | Vice President | 2018 | 8 yrs |
| Paul S HSU PHD | President | 2018 | 8 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
3 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| D Timothy Herndon | Secretary/Treasurer | since 2023 |
| Majes HSU | Vice President | since 2023 |
| Paul S HSU PH D | President | since 2023 |
Pay and hours
year to 31 October 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Paul S Hsu Ph D | President | 5 | $0 | ||
| Majes Hsu | Vice President | 0.5 | $0 | ||
| D Timothy Herndon | Secretary/Treasurer | 0.5 | $0 |
No pay was reported for anyone in Part VII on this return.
About
- Legal name
- Hsu Family Educational Foundation Inc
- EIN
- 475426274
- Address
- 70 Ready Ave Nw Building 6, Fort Walton Beach, FL, 32548-3857
- State
- Florida
- Mission
- The stated mission of hsu family educational foundation, inc (corporation) is to promote excellence in education and encourage classroom innovation. All programs of the corporation shall support that mission, and all who work for or on behalf of the corporation shall understand and be loyal to that mission and purpose. (as filed on the Form 990)
- Activity (NTEE)
- B82 Education
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Education
- Size band
- 6 (IRS master file code)
- Formed
- 2015
- Principal officer
- D Timothy Herndon (as named on the Form 990)
- IRS ruling date
- 1 July 2024
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 4, latest 2022
- IRS Publication 78
- PC (contributions deductible)
Most connected
Longest observed on the filings
≥8years on the filingsD Timothy Herndon
≥8years on the filingsMajes HSU
≥8years on the filingsPaul S HSU PHD
Latest return
year to 31 October 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 October 2024. US dollars, as filed.- Total assets
- $1.9m
- Total liabilities
- $116k
- Net assets or fund balances
- $1.8m
- Contributions and grants received
- $744k
- Program service revenue
- $2k
- Grants and similar paid out
- $55k
- Employees
- 0
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2023 | $747k | $880k | Deficit $133k |
As filed on the IRS Form 990. US dollars.