Civic Intelligence

Asian Professional Exchange

990EZ • Fiscal year 2021 • EIN 33-0569947

Jan 01, 2021 to Dec 31, 2021 • Filed on May 10, 2022

Organization ProfileWWW.APEX.ORG
1137 Wilshire BlvdLos Angeles, CA 90017-1900

(248) 760-7630

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2021

Net Margin

2nd percentile

-1063%

Higher net margin than 2% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$139,306

Down $58,691 (-30%) from 2014

Net Assets

Down

$139,306

Down $58,691 (-30%) from 2014

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin2nd percentile

Revenue

Down

$678

Down $76,415 (-99%) from 2014

Expenses

Down

$7,884

Down $66,758 (-89%) from 2014

Net Income

Down

-$7,206

Down $9,657 (-394%) from 2014

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$200K$150K$100K$50K$0Assets 2010: $110,516Liabilities 2010: $0Net Assets 2010: $110,5162010Assets 2011: $144,116Liabilities 2011: $0Net Assets 2011: $144,1162011Assets 2012: $167,516Liabilities 2012: $0Net Assets 2012: $167,5162012Assets 2013: $193,546Liabilities 2013: $0Net Assets 2013: $193,5462013Assets 2014: $197,997Liabilities 2014: $0Net Assets 2014: $197,9972014Assets 2021: $139,306Net Assets 2021: $139,3062021

Highlighted filing

2021

Assets$139,306
Liabilities-
Net Assets$139,306
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$150K$100K$50K$0-$50KRevenue 2010: $101,877Expenses 2010: $71,567Net Income 2010: $30,3102010Revenue 2011: $114,536Expenses 2011: $85,564Net Income 2011: $28,9722011Revenue 2012: $87,005Expenses 2012: $63,197Net Income 2012: $23,8082012Revenue 2013: $107,454Expenses 2013: $81,424Net Income 2013: $26,0302013Revenue 2014: $77,093Expenses 2014: $74,642Net Income 2014: $2,4512014Revenue 2021: $678Expenses 2021: $7,884Net Income 2021: -$7,2062021

Highlighted filing

2021

Revenue$678
Expenses$7,884
Net Income-$7,206
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 10, 2022
Return Version
2021v4.0
Gross Receipts
$678
Mission and Program Overview

Mission

The asian professional exchange (apex) is a 501(c)(3) non profit, public benefit corporation. Apex is a non-partisan community based organization with multifaceted goals and purposes that are charitable, cultural, and educational in nature.

Mission:theapexisanon-partisancommunitybasedorganizationwithmultifacetedgoalsandpurposesthatarecharitable,cultural,andeducationalinnature

Program Services

DescriptionGrantsExpenses
EducationInequalityFundraiser,raisemoneyfortechnologyupgradesforlow-incomestudentsindisadvantagedschoolsystems.Roughly100+students$0$1,943
OctoberMixer,forculturalawareness.Roughly50attendees.$0$1,279
Holidaytoydrive,forlow-incomekidsindisadvantagedneighborhoods$0$301
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nathan LaiPresidentPT$0--
Chris ChenDirector Of MarketingPT$0--
Harvey LiDirector Of FinancePT$0--
Kevin LiuDirector Of Member RelationsPT$0--
Lisa FongDirector Of ItPT$0--
Filing and Contact Details

Filer

Filer Name
Asian Professional Exchange
EIN
33-0569947
In Care Of
% Harvey Li
Address
1137 WILSHIRE BLVD, LOS ANGELES, CA 90017-1900

Signing Officer

Name
Harvey Li
Title
Director of Finance
Signed
2022-05-10
Supplemental Narrative

Additional Explanations

Part I, line 16

“| Other Expenses:, Amount:| FORM 990-EZ PART I LINE 16 - OTHER EXPENSES Expense Description Amount Program Event-related Expenses $ 3522.95 Insurance $ 1500.00 Technology $ 459.98 Advertising Promotion $ 993.76 Misc. $ 851.52 TOTAL $ 7328.21, $7328|”

Part I, line 20

“| Explanation:, Amount:| FORM 990-EZ PART I LINE 20 - OTHER CHANGES IN NET ASSETS OR FUND BALANCES Accounting Consolidation of Affiliate NABCI $ 10656.18, $10656|”

Raw XML Appendix161 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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IRS990EZ/BooksInCareOfDetail/PhoneNum02487607630
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01137 WILSHIRE BLVD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LOS ANGELES
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0900171900
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0135856
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IRS990EZ/ContributionsGiftsGrantsEtcAmt0148
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IRS990EZ/ExcessOrDeficitForYearAmt0-7206
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IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0678
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Nathan Lai
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Chris Chen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Harvey Li
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Kevin Liu
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Lisa Fong
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director of Marketing
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director of Finance
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director of Member Relations
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director of IT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt010656
IRS990EZ/OtherExpensesTotalAmt07328
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0MISSION:THEAPEXISANON-PARTISANCOMMUNITYBASEDORGANIZATIONWITHMULTIFACETEDGOALSANDPURPOSESTHATARECHARITABLE,CULTURAL,ANDEDUCATIONALINNATURE
IRS990EZ/PrintingPublicationsPostageAmt016
IRS990EZ/ProgramServiceRevenueAmt0530
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0OctoberMixer,forculturalawareness.Roughly50attendees.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1EducationInequalityFundraiser,raisemoneyfortechnologyupgradesforlow-incomestudentsindisadvantagedschoolsystems.Roughly100+students
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Holidaytoydrive,forlow-incomekidsindisadvantagedneighborhoods
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt01279
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt11943
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt2301
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt07884
IRS990EZ/TotalProgramServiceExpensesAmt03523
IRS990EZ/TotalRevenueAmt0678
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.APEX.ORG
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0| Year:, Amount:, Description:| 2017, , | 2018, | 2019, | 2020, | 2021, |
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part III - Line 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0148
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt02492
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt02298
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt019508
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt024155
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt048601
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0760
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt064
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt071
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0895
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0530
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt016741
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt013339
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt023972
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt010430
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt065012
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0760
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt064
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt071
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0895
IRS990ScheduleA/InvestmentIncomeCYPct00.01
IRS990ScheduleA/InvestmentIncomePYPct00.01
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99
IRS990ScheduleA/PublicSupportPY509Pct00.99
IRS990ScheduleA/PublicSupportTotal509Amt0113613
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0678
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt019233
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt015637
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt043480
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt034585
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0678
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt019993
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt015701
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt043480
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt034656
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0114508
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Other Expenses:, Amount:| FORM 990-EZ PART I LINE 16 - OTHER EXPENSES Expense Description Amount Program Event-related Expenses $ 3522.95 Insurance $ 1500.00 Technology $ 459.98 Advertising Promotion $ 993.76 Misc. $ 851.52 TOTAL $ 7328.21, $7328|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Explanation:, Amount:| FORM 990-EZ PART I LINE 20 - OTHER CHANGES IN NET ASSETS OR FUND BALANCES Accounting Consolidation of Affiliate NABCI $ 10656.18, $10656|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 20
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Harvey Li
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director of Finance
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ASIAN PROFESSIONAL EXCHANGE
ReturnHeader/Filer/BusinessNameControlTxt0ASIA
ReturnHeader/Filer/EIN0330569947
ReturnHeader/Filer/ForeignPhoneNum02487607630
ReturnHeader/Filer/InCareOfNm0% Harvey Li
ReturnHeader/Filer/USAddress/AddressLine1Txt01137 WILSHIRE BLVD
ReturnHeader/Filer/USAddress/CityNm0LOS ANGELES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd0900171900
ReturnHeader/ReturnTs02022-05-10T07:32:59-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$139,306
Liabilities
-
Net assets
$139,306
Revenue
$678
Expenses
$7,884
Net income
-$7,206
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$1.39$1.39$0.01$0.08$0.07
2014Detailed filing. Detailed filing data is available for this year.$1.98$0.00$1.98$0.77$0.75$0.02
2013Detailed filing. Detailed filing data is available for this year.$1.94$0.00$1.94$1.07$0.81$0.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.68$0.00$1.68$0.87$0.63$0.24
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.44$0.00$1.44$1.15$0.86$0.29
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$0.00$1.11$1.02$0.72$0.30