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Five Two Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 464329847 ✦ Fairfax, VA ✦ Designated as a 501(c)(3)

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Overview

What is Five Two Foundation?

The Five Two Foundation is a nonprofit organization committed to amplifying God's resources for the betterment of communities in Asia. To accomplish this mission, they collaborate with Five Two Foundation Korea, a South Korean-based nonprofit, through fiscal sponsorship. By leveraging this partnership, they manage and monitor grants received by the foreign organization, ensuring their purpose aligns with their own objectives. The Five Two Foundation serves as a platform for donations and causes, aiming to make a positive impact in Asia.


Official website here: www.fivetwo.org

Is Five Two Foundation legitimate?

Five Two Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Five Two Foundation submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Official website here: www.fivetwo.org

What is the mission statement of Five Two Foundation?

The Five Two Foundation's mission is to amplify the impact of resources for welfare in Asia. They accomplish this by serving as a platform for donations and causes, collaborating with Five Two Foundation Korea, a non-profit based in South Korea, through fiscal sponsorship. The organization ensures the proper management of funds received from foreign sources, overseeing their allocation directly. In essence, the Five Two Foundation aims to utilize donations effectively to make a positive difference in Asia.


Official website here: www.fivetwo.org

Who is the CEO of Five Two Foundation?

Alex Lim is the President of Five Two Foundation.


Official website here: www.fivetwo.org

What is the revenue of Five Two Foundation?

Five Two Foundation's revenue in 2022 was $106,702.


Official website here: www.fivetwo.org

Who are the executives of Five Two Foundation and what are their salaries?


Here are 3 key members and their salaries:


Alex Lim (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Suhocki (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Lim (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fivetwo.org

Where can I find the form 990EZ for Five Two Foundation?

Five Two Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.fivetwo.org

Learn more at the official website: www.fivetwo.org

Mission Statement of Five Two Foundation

The Five Two Foundation is dedicated to amplifying God's resources for the betterment of communities in Asia. To achieve this mission, the organization collaborates with Five Two Foundation Korea, a nonprofit based in South Korea, through fiscal sponsorship. The Five Two Foundation serves as a facilitator, managing and overseeing grants received by the foreign organization to ensure they are utilized effectively for their intended purposes.

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Impact




October, 2024

Five Two Foundation significantly impacts communities in Asia by enhancing the flow of resources for various causes. By providing a robust platform for donations, it effectively connects contributors with initiatives that address pressing needs. The organization collaborates closely with Five Two Foundation Korea, ensuring that funds are managed with transparency and oversight, maximizing their potential to create positive change. Through this partnership, Five Two Foundation channels support towards diverse humanitarian efforts, thereby multiplying resources for the common good and uplifting those in need across the region.




This information is meant to be a general summary of Five Two Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$106,702 (2022)
Expenses
$114,121 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $106,702

Assets and Liabilities:

  • Total Assets: $43,034
  • Total Liabilities: $0
  • Net Assets: $43,034

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Organization Details

Principal Officer

Alex Lim

Main Address

4369 Strawflower St, Fairfax, VA, 22030

NTEE Category

Code: P30 - Human services

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