Civic Intelligence

Asian-American Accounting Research and Development Foundation

990EZ • Fiscal year 2020 • EIN 33-0915159

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 10, 2021

17506 Colima Road Ste 202Rowland Heights, CA 91748

(626) 810-7030

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 2020

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2020

Net Margin

90th percentile

54%

Higher net margin than 90% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

32nd percentile

-6.3%

Faster asset growth than 32% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

7th percentile

-84%

Faster revenue growth than 7% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$49,001

Down $3,271 (-6.3%) from 2019

Net Assets

Up

$49,001

Up $5,243 (+12%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$9,628

Down $49,072 (-84%) from 2019

Expenses

Down

$4,385

Down $37,772 (-90%) from 2019

Net Income

Down

$5,243

Down $11,300 (-68%) from 2019

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0-$20KAssets 2015: $8,161Liabilities 2015: $7,563Net Assets 2015: $5982015Assets 2016: $8,150Liabilities 2016: $7,563Net Assets 2016: $5872016Assets 2017: $4,721Liabilities 2017: $8,503Net Assets 2017: -$3,7822017Assets 2019: $52,272Liabilities 2019: $8,514Net Assets 2019: $43,7582019Assets 2020: $49,001Net Assets 2020: $49,0012020Assets 2021: $43,520Net Assets 2021: $43,5202021Assets 2022: $46,746Net Assets 2022: $46,7462022Assets 2023: $44,837Net Assets 2023: $44,8372023Assets 2024: $44,218Net Assets 2024: $44,2182024

Highlighted filing

2020

Assets$49,001
Liabilities-
Net Assets$49,001

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2015: $13Expenses 2015: $2,364Net Income 2015: -$2,3512015Revenue 2016: $13Expenses 2016: $24Net Income 2016: -$112016Revenue 2017: $58Expenses 2017: $4,427Net Income 2017: -$4,3692017Revenue 2019: $58,700Expenses 2019: $42,157Net Income 2019: $16,5432019Revenue 2020: $9,628Expenses 2020: $4,385Net Income 2020: $5,2432020Revenue 2021: $8,219Expenses 2021: $13,700Net Income 2021: -$5,4812021Revenue 2022: $5,282Expenses 2022: $2,056Net Income 2022: $3,2262022Revenue 2023: $500Expenses 2023: $2,409Net Income 2023: -$1,9092023Revenue 2024: $0Expenses 2024: $619Net Income 2024: -$6192024

Highlighted filing

2020

Revenue$9,628
Expenses$4,385
Net Income$5,243
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 10, 2021
Return Version
2020v4.0
Gross Receipts
$9,628
Mission and Program Overview

Mission

a. The activities of the organization include the following:1. Providing employment, career development and training services and workshops for persons with disadvantaged conditions because of race, background or verbal disabilities with particular emphasis on the Asian American community in Southern California (30%);2. Providing exchange student and intern and scholarship programs to assist in better understanding of cultures and persons from high school to college and post doctoral phases (30%);3. Conducting professional public discussion groups, lectures and workshop, publishing public interest or scientific materials, publishing educational newsletters, pamphlets, books or other material; Presenting seminars for technical exchange; Application of government financial assistance; Individual consultation, business mentoring program, etc. (20%);4. Aiding the Southern California Asian American community, exchanging information about resource, knowledge networks and centers of expertise

Program Services

DescriptionGrantsExpenses
THE ORGAINZATION PROVIDES ACCOUNTING, FINANCE AND ECONOMIC SCHOLARSHIP FOR ASIAN-AMERICAN STUDENTS' GPA RANK IN TOP TENTH OF CLASS (MINIMUM GPA =3.00). SELECTION IS BASEDD UPON ACHIEVEMENT AND INTEREST IN ACCOUNTING, FINANCAL AND ECONOMIC. IT HELPS EXCHANGE STUDENT AND INTERN IN BETTER UNDERSTANDING OF WESTERN CULTURES.$4,385-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
TERESA WUSecretaryPT$0--
EDWARD LEEChairmanPT$0--
KEVIN YEHCEOPT$0--
Filing and Contact Details

Filer

Filer Name
Asian-american Accounting Research and
EIN
33-0915159
Phone
6268107030
Address
17506 COLIMA ROAD STE 202, ROWLAND HEIGHTS, CA 91748

Signing Officer

Name
Kevin Yeh
Title
CEO
Signed
2021-11-10
Supplemental Narrative

Additional Explanations

Other Expenses.1

Advertising & promotion $480

Other Expenses.2

TAX & LICENSE $25

Other Expenses.3

BANK CHARGE $10

Total Liabilities.1

LOAN FROM OFFICER - Beginning $5564 LOAN FROM OFFICER - Ending $0

Total Liabilities.2

ACCRUED EXPENSE - Beginning $2950 ACCRUED EXPENSE - Ending $0

Raw XML Appendix153 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ADVERTISING & PROMOTION $480
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3LOAN FROM OFFICER - Beginning $5564 LOAN FROM OFFICER - Ending $0
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/ReturnTs02021-11-15T16:33:54-08:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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