Premierone Plus Foundation EIN 82-3921535

Premierone Plus Foundation

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Offers financial aid to individuals and families in need. For fiscal year 2025 it reported $10K in revenue, $37K in expenses, and $381K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Buena Park, CA
Filings
5 on file (2020–2025)
Revenue
$10KFY2025
Expenses
$37K
Net assets
$381K
People
6
Filings
5
Updates
0
More identity details & actions ⌄
EIN  82-3921535 Public charity (501(c)(3)) Buena Park, CA
Form 990 (PDF)
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Size
<$100K
What they do
Offers financial aid to individuals and families in need.
Leadership
Jay Choi · CEO Director
Money in and out
$10K revenue, $37K expenses
Bottom line
97% program efficiency
Where the money goes · FY2025
Total revenue
$10K
Pt VIII · Ln 12
Total expenses
$37K
Pt IX · Ln 25
Net assets
$381K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$27K
Where spending went · Part IX cols B–D
Program services $0.97 Management & general $0.03
Program efficiency
97%
of spending reaches programs▼ -1% vs prior filing year
Operating runway
123.5mo
months of highly liquid reserves at operating expense rate▲ +18% vs prior filing year
Surplus margin
-270%
revenue over expenses, this year▼ -453% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$10K
FY2025▼ -95%
Expenses
$37K
FY2025▼ -21%
Total assets
$381K
FY2025▼ -7%
Total liabilities
$0
FY2025
Total revenue
$10K
Pt VIII · Ln 12
Total expenses
$37K
Pt IX · Ln 25
Net assets
$381K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$27K
Total assetsPt X · Ln 16$381K
Program-expense ratioPt IX · col B97%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

1 program service account for $36K of program spending, described in the organization's own filed words · FY2025.
01

Grant given to Korean American United Foundation in 2025. This is a Private Foundation with similar exempt purpose to help people.

$36Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPremierone Plus Foundation
EINHdr · item D82-3921535
Principal addressHdr · item CBuena Park, CA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P99)
Ruling yearIRS BMFFeb 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
CEO Director
$0Pt VII · Sec A
Secretarydirector
$0Pt VII · Sec A
Director V Pres
$0Pt VII · Sec A
Director Asst CFO
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$10K
Total revenueLn 12$10K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.97 Management & general $0.03
Program services97%$36K
Management & general3%$1K
Total functional expensesLn 25$37K

Balance Sheet

Part X · end of year
CashLn 1$381K
Total assetsLn 16$381K
Total liabilitiesLn 26$0
Total net assetsLn 32$381K
Months of cash on handcomputed123.5

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $381K · Operating expenses/yr $37K
123.5 months
Where the money goes
Program services
Program services $36K · Total expenses $37K
97%
Management & General
Management & general $1K · Total expenses $37K
3%
Fundraising
Fundraising $0 · Total expenses $37K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $167K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $10K · Total revenue $10K
100%
Government reliance
Government grants — · Total revenue $10K
Earned-income share
Program service revenue $0 · Total revenue $10K
0%
Investment reliance
Investment income $0 · Total revenue $10K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $37K
0%
Growth & trend
Revenue growth (YoY)
This year $10K · Prior year $200K
-95%
Net-asset trend (YoY)
End of year $381K · Beginning of year $408K
-7%
Balance sheet
Surplus Margin
Revenue $10K · Expenses $37K
-270%
Liabilities-to-Assets
Total liabilities $0 · Total assets $381K
0%
Net-asset ratio
Net assets $381K · Total assets $381K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $381K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jay Choi · Reported title CEO DIRECTOR · Highest reported compensation $0 · Total expenses $37K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $37K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 97%
Overhead ratio 3%
Fundraising cost ratio 0%
Revenue growth -95%
Accounting fee ratio 2%

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.

Grants

Schedule I · this organization's grantmaking
Grants paid · 3 grants · $82K · 2024–2025
Walk the Narrow RoadCA · FY2024$10,000

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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)$10K revenue · viewing · ⤓ 990 PDF
FY2024$200K revenue · ⤓ 990 PDF
FY2023$290K revenue · ⤓ 990 PDF
FY2022not on file
FY2021$0 revenue · ⤓ 990 PDF
FY2020— 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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