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Ronnie Park Foundation EIN 41-2262932 Form 990 (PDF) Claim this org

Ronnie Park Foundation

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A private foundation based in Las Vegas, NV. It reported about $330K in revenue for 2025. For fiscal year 2025 it reported $330K in revenue, $243K in expenses, and $2.8M in net assets.Pt I

Type
Private foundation / grantmaker · Education
Location
Las Vegas, NV
Filings
6 on file (2020–2025)
Revenue
$330KFY2025
Expenses
$243K
Net assets
$2.8M
People
2
Filings
6
Updates
0
More identity details & actions ⌄
EIN  41-2262932 Private foundation / grantmaker Las Vegas, NV
Form 990 (PDF)
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Size
$100K–1M
What they do
A private foundation based in Las Vegas, NV. It reported about $330K in revenue for 2025.
Leadership
Ronnie Seok Park · President
Money in and out
$330K revenue, $243K expenses
Bottom line
—
Grants paid & assets · FY2025
Total revenue
$330K
Pt VIII · Ln 12
Total expenses
$243K
Pt IX · Ln 25
Net assets
$2.8M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $87K
Total assets
2.8M
deployed as grants and operations
Grants paid
170K
in FY2025
Grants made
13grants
total in period
Payout rate
6%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 13 grants · $170K · 2025–2025
The Ronnie and Heejin FoundationFY2025$100,000
Park Brown Family FoundationFY2025$50,000
Spring Water ChurchFY2025$10,000
Su LeeFY2025$1,000
Eunsu KimFY2025$1,000
Lisa ParkFY2025$1,000
Hyewon LeeFY2025$1,000
Eunseo LeeFY2025$1,000
Timothy LeeFY2025$1,000
Elizabeth LeeFY2025$1,000
Jesus Family Presbyterian ChurchCA · FY2025$1,000
Daniel ParkFY2025$1,000
Christine LeeFY2025$1,000

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV1
Average grantPart XV$13K
Median grantPart XV$1K
Largest grantPart XV$100K
Top cause focusNTEEReligion (8%)

Summary of the Filing

Part I · fiscal year 2025 · Form 990-PF
Revenue
$330K
FY2025▲ +79%
Expenses
$243K
FY2025▲ +40%
Total assets
$2.8M
FY2025▲ +3%
Total liabilities
$0
FY2025
Total revenue
$330K
Pt VIII · Ln 12
Total expenses
$243K
Pt IX · Ln 25
Net assets
$2.8M
Pt X · Ln 32
Total assetsPt II$2.8M

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRonnie Park Foundation
EINHdr · item D41-2262932
Principal addressHdr · item CLas Vegas, NV
WebsiteHdr · item Jnone reported
State of legal domicileHdr · item MNV
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B82)
Ruling yearIRS BMFMay 2009

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Yong Ran Park
Secretary
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Investment income$188K · 57%
Other revenue$142K · 43%
Investment income57%$188K
Other revenue43%$142K
Total revenueLn 12$330K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.70 Operating & administrative $0.30
Grants & contributions paid70%$170K
Operating & administrative30%$73K
Total functional expensesLn 25$243K

Balance Sheet

Part X · end of year
CashLn 1$176K
Total assetsLn 16$2.8M
Total liabilitiesLn 26$0
Total net assetsLn 32$2.8M
Months of cash on handcomputed8.7

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $2.8M
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $330K
—
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $330K
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $330K · Prior year $185K
+79%
Revenue CAGR
FY2020 $1.2M · FY2025 $330K
-23%
Net-asset trend (YoY)
End of year $2.8M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $330K · Expenses $243K
+26%
Liabilities-to-Assets
Total liabilities — · Total assets $2.8M
—
Net-asset ratio
Net assets $2.8M · Total assets $2.8M
100%
People & payroll
Highest Reported Total Compensation
Individual Ronnie Seok Park · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $243K
0%
Personnel share
not reported
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth 79%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$330K revenue · viewing · ⤓ 990 PDF
FY2024$185K revenue · ⤓ 990 PDF
FY2023$205K revenue · ⤓ 990 PDF
FY2022$42K revenue · ⤓ 990 PDF
FY2021$290K revenue · ⤓ 990 PDF
FY2020$1.2M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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