Civic Intelligence

Asian Economic Development Association

990 • Fiscal year 2017 • EIN 41-1911474

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 13, 2018

Organization ProfileAEDA-MN.ORG
422 University Avenue West No 14Saint Paul, MN 55103

(651) 222-7798

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.19x

Higher debt load relative to assets than 62% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

63rd percentile

0.20x

Higher debt load relative to revenue than 63% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

31st percentile

-3.2%

Higher net margin than 31% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

73rd percentile

$109,125

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 10.0% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

72nd percentile

13%

Faster asset growth than 72% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

10th percentile

-26%

Faster revenue growth than 10% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets62nd percentile

Assets

Up

$1,110,722

Up $123,659 (+13%) from 2016

Net Assets

Down

$897,440

Down $34,490 (-3.7%) from 2016

Liabilities

Up

$213,282

Up $158,149 (+287%) from 2016

Revenue And Expenses
Liabilities / Revenue63rd percentileNet Margin31st percentile

Revenue

Down

$1,089,457

Down $378,160 (-26%) from 2016

Expenses

Up

$1,123,947

Up $210,948 (+23%) from 2016

Net Income

Down

-$34,490

Down $589,108 (-106%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth72nd percentile

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

$3.0M$2.0M$1.0M$0Assets 2011: $63,610Liabilities 2011: $2752011Assets 2012: $85,267Liabilities 2012: $4,8382012Assets 2013: $155,424Liabilities 2013: $9,685Net Assets 2013: $145,7392013Assets 2014: $324,840Liabilities 2014: $11,195Net Assets 2014: $313,6452014Assets 2015: $658,750Liabilities 2015: $0Net Assets 2015: $658,7502015Assets 2016: $987,063Liabilities 2016: $55,133Net Assets 2016: $931,9302016Assets 2017: $1,110,722Liabilities 2017: $213,282Net Assets 2017: $897,4402017Assets 2018: $817,904Liabilities 2018: $231,031Net Assets 2018: $586,8732018Assets 2019: $677,255Liabilities 2019: $142,998Net Assets 2019: $534,2572019Assets 2020: $1,402,373Liabilities 2020: $215,871Net Assets 2020: $1,186,5022020Assets 2021: $1,687,211Liabilities 2021: $123,266Net Assets 2021: $1,563,9452021Assets 2022: $1,466,675Liabilities 2022: $139,269Net Assets 2022: $1,327,4062022Assets 2023: $2,451,424Liabilities 2023: $147,850Net Assets 2023: $2,303,5742023Assets 2024: $2,297,210Liabilities 2024: $200,704Net Assets 2024: $2,096,5062024

Highlighted filing

2017

Assets$1,110,722
Liabilities$213,282
Net Assets$897,440
Open 2017 Filing

Operations Trend

Revenue Growth10th percentile

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

$2.0M$1.0M$0-$1.0MRevenue 2011: $122,500Expenses 2011: $145,176Net Income 2011: -$22,6762011Revenue 2012: $198,935Expenses 2012: $181,841Net Income 2012: $17,0942012Revenue 2013: $267,321Expenses 2013: $202,011Net Income 2013: $65,3102013Revenue 2014: $662,597Expenses 2014: $495,691Net Income 2014: $166,9062014Revenue 2015: $730,649Expenses 2015: $385,536Net Income 2015: $345,1132015Revenue 2016: $1,467,617Expenses 2016: $912,999Net Income 2016: $554,6182016Revenue 2017: $1,089,457Expenses 2017: $1,123,947Net Income 2017: -$34,4902017Revenue 2018: $595,590Expenses 2018: $906,157Net Income 2018: -$310,5672018Revenue 2019: $1,004,865Expenses 2019: $944,981Net Income 2019: $59,8842019Revenue 2020: $1,753,267Expenses 2020: $1,101,022Net Income 2020: $652,2452020Revenue 2021: $1,123,036Expenses 2021: $745,593Net Income 2021: $377,4432021Revenue 2022: $808,780Expenses 2022: $1,056,618Net Income 2022: -$247,8382022Revenue 2023: $1,665,059Expenses 2023: $881,250Net Income 2023: $783,8092023Revenue 2024: $1,075,432Expenses 2024: $1,228,033Net Income 2024: -$152,6012024

Highlighted filing

2017

Revenue$1,089,457
Expenses$1,123,947
Net Income-$34,490
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 13, 2018
Return Version
2017v2.3
Gross Receipts
$1,089,457
Mission and Program Overview

Mission

To increase economic opportunities for asian americans.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$131,300$409,354▲ $278,054
Pledges and Grants Receivable$674,866$314,950▼ $359,916
Land, Buildings, and Equipment, Net$92,822$173,708▲ $80,886
Other Notes and Loans Receivable, Net$82,921$102,043▲ $19,122
Accounts Receivable-$76,865-
Savings and Temporary Cash Investments-$17,973-
Prepaid Expenses and Deferred Charges$5,154$15,829▲ $10,675
Total Assets$987,063$1,110,722▲ $123,659
Liabilities
Accounts Payable and Accrued Expenses$55,133$113,282▲ $58,149
Unsecured Notes Loans Payable-$100,000-
Total Liabilities$55,133$213,282▲ $158,149
Net Assets / Fund Balance
Unrestricted Net Assets$410,254$492,410▲ $82,156
Temporarily Rstr Net Assets$521,676$405,030▼ $116,646
Total Net Assets Fund Balance$931,930$897,440▼ $34,490
Total Liabilities and Net Assets / Fund Balance$987,063$1,110,722▲ $123,659

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$164,338$27,147$191,485
Equipment$9,370$6,114$15,484
Compensation and Service Providers
Top Officer Pay73rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Va-megn ThojExecutive DirectorFT$89,283$19,842$109,125

Board Members and Trustees

NameTitle
Terri ThaoChair
Victor Vong LeeVice Chair
David KangDirector
Leo TreadwayDirector
Ma Manee MouaDirector
Shane LiberdaDirector
Khue YangTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$870,447
Program Service Revenue
$219,010
Investment Income
$0
Other Revenue
$0
All Other Contributions
$647,713
Change in Net Assets
$-34,490

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,089,457
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,089,457
Total Revenue per Form 990
$1,089,457
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$522,041
Other Expenses$406,100
Grants and Similar Amounts Paid$164,206
Total Fundraising Expense$59,692
Professional Fundraising Fees$31,600

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$348,374--$348,374
Grants to Domestic Orgs$164,206--$164,206
Current Officers, Directors, Trustees, and Key Employees$56,216$30,255$22,654$109,125
Fees for Services Other$94,928$4,893-$99,821
Fees for Services Accounting-$56,118-$56,118
Travel$38,738$4,769$34$43,541
Occupancy$28,381$6,705$2,384$37,470
Payroll Taxes$32,548$1,870$1,578$35,996
Fees for Services Professional Fundraising--$31,600$31,600
Depreciation Depletion-$29,201-$29,201
Other Employee Benefits$25,612$2,534$400$28,546
Office Expenses$16,736$5,723$986$23,445
Conferences and Meetings$12,737$577-$13,314
Information Technology$5,976$1,138$56$7,170
Fees for Services Legal-$5,502-$5,502
Other Expenses$3,531$567-$3,531
Advertising$3,102--$3,102
Interest$3,000--$3,000
Insurance$1,645--$1,645
All Other Expenses$-1,530$2,140-$610
Total Functional Expenses$912,263$151,992$59,692$1,123,947

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,123,947
Total Expenses per Audited Statements$1,123,947
Total Expenses per Form 990$1,123,947
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Frogtown FarmsSaint Paul, MN-Art of Food Feasibility Study$77,512
Blue Cross Blue ShieldEagan, MN-Prevention Hiap$51,000
Silhouette BakerySaint Paul, MN-Storefront Improvements$15,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$31,600
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Each board member receives a copy of the form 990. It is reviewed at a full board meeting and approved if there are no questions or concerns. If there are questions, the executive director is in contact with the accountant who prepared the form 990 to resolve those questions before the next scheduled board meeting.”

Form 990, Part VI, Section B, Line 12C

“Conflict of interest policy is reviewed annually by the board and each member discloses any conflicts of interest that may exist. This is also done with new members of the board as part of their orientation.”

Form 990, Part VI, Section B, Line 15

“The board of directors annually, and at the time of hire, determines the compensation for the executive director based on salary data researched and published by the minnesota council of nonprofits. The executive director annually, and at the time of hire, determines compensation for key employees based on salary data researched and published by the minnesota council of nonprofits. The board of directors reviews the salaries.”

Form 990, Part VI, Section C, Line 19

“Governance documents, conflict of interest policy, and financial statements were made available to the public upon request. The organization keeps regular office hours and is easily contacted by phone or email for such requests.”

Filing and Contact Details

Filer

Filer Name
Asian Economic Development Association
EIN
41-1911474
Phone
6512227798
Address
422 UNIVERSITY AVENUE WEST NO 14, SAINT PAUL, MN 55103

Signing Officer

Name
Va-megn Thoj
Title
Executive Director
Phone
6512227798
Signed
2018-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Va-megn Thoj
Formed
1998
Legal Domicile
Mn
Voting Board Members
7
Independent Board Members
7
Employees
33
Volunteers
15

Preparer

Firm
Mahoneyulbrichchristiansen & Russ Pa
Address
10 RIVER PARK PLAZA SUITE 800, SAINT PAUL, MN 55107
Preparer
Lance J Brock
Phone
6512276695
Supplemental Narrative

Additional Explanations

Form 990, Page 12, Part XII, Line 2C

“This process has not changed from the previous year.”

Financial Statement Notes

PART X, LINE 2:

“Aeda is exempt from income taxes under internal revenue code section 501(c)(3) and applicable minnesota statutes, except to the extent it has taxable income from activities that are not related to its exempt purpose. Management believes aeda did not have any unrelated business income. Management believes that aeda has appropriate support for any tax positions taken, and accordingly, does not have any uncertain tax positions that are material to the financial statements.”

Raw XML AppendixShowing 400 of 499 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt055133
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0113282
IRS990/AccountsReceivableGrp/EOYAmt076865
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO INCREASE ECONOMIC OPPORTUNITIES FOR ASIAN AMERICANS.
IRS990/AdvertisingGrp/ProgramServicesAmt03102
IRS990/AdvertisingGrp/TotalAmt03102
IRS990/AllOtherContributionsAmt0647713
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt02140
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0-1530
IRS990/AllOtherExpensesGrp/TotalAmt0610
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0VA-MEGN THOJ
IRS990/BooksInCareOfDetail/PhoneNum06512227798
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0422 UNIVERSITY AVE WEST SUITE 14
IRS990/BooksInCareOfDetail/USAddress/CityNm0SAINT PAUL
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055103
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0131300
IRS990/CashNonInterestBearingGrp/EOYAmt0409354
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt022654
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt030255
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt056216
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0109125
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0577
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt012737
IRS990/ConferencesMeetingsGrp/TotalAmt013314
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0870447
IRS990/CYGrantsAndSimilarPaidAmt0164206
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0406100
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0219010
IRS990/CYRevenuesLessExpensesAmt0-34490
IRS990/CYSalariesCompEmpBnftPaidAmt0522041
IRS990/CYTotalExpensesAmt01123947
IRS990/CYTotalFundraisingExpenseAmt059692
IRS990/CYTotalProfFndrsngExpnsAmt031600
IRS990/CYTotalRevenueAmt01089457
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt029201
IRS990/DepreciationDepletionGrp/TotalAmt029201
IRS990/Desc0ADVOCACY AND PUBLIC POLICY - ADVOCATE FOR SMALL BUSINESS, ECONOMIC INCLUSION AND LOW-INCOME COMMUNITIES.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt033
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0241131
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt056118
IRS990/FeesForServicesAccountingGrp/TotalAmt056118
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt05502
IRS990/FeesForServicesLegalGrp/TotalAmt05502
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt04893
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt094928
IRS990/FeesForServicesOtherGrp/TotalAmt099821
IRS990/FeesForServicesProfFundraising/FundraisingAmt031600
IRS990/FeesForServicesProfFundraising/TotalAmt031600
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt719842
IRS990/Form990PartVIISectionAGrp/PersonNm0DAVID KANG
IRS990/Form990PartVIISectionAGrp/PersonNm1KHUE YANG
IRS990/Form990PartVIISectionAGrp/PersonNm2LEO TREADWAY
IRS990/Form990PartVIISectionAGrp/PersonNm3MA MANEE MOUA
IRS990/Form990PartVIISectionAGrp/PersonNm4SHANE LIBERDA
IRS990/Form990PartVIISectionAGrp/PersonNm5TERRI THAO
IRS990/Form990PartVIISectionAGrp/PersonNm6VICTOR VONG LEE
IRS990/Form990PartVIISectionAGrp/PersonNm7VA-MEGN THOJ
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt789283
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt7EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01998
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt0222734
IRS990/GrantAmt056324
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0164206
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0164206
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01089457
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt056
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01138
IRS990/InformationTechnologyGrp/ProgramServicesAmt05976
IRS990/InformationTechnologyGrp/TotalAmt07170
IRS990/InsuranceGrp/ProgramServicesAmt01645
IRS990/InsuranceGrp/TotalAmt01645
IRS990/InterestGrp/ProgramServicesAmt03000
IRS990/InterestGrp/TotalAmt03000
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt035
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt033261
IRS990/LandBldgEquipBasisNetGrp/BOYAmt092822
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0173708
IRS990/LandBldgEquipCostOrOtherBssAmt0206969
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO INCREASE ECONOMIC OPPORTUNITIES FOR ASIAN AMERICANS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0931930
IRS990/NetAssetsOrFundBalancesEOYAmt0897440
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt02384
IRS990/OccupancyGrp/ManagementAndGeneralAmt06705
IRS990/OccupancyGrp/ProgramServicesAmt028381
IRS990/OccupancyGrp/TotalAmt037470
IRS990/OfficeExpensesGrp/FundraisingAmt0986
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05723
IRS990/OfficeExpensesGrp/ProgramServicesAmt016736
IRS990/OfficeExpensesGrp/TotalAmt023445
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0400
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02534
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt025612
IRS990/OtherEmployeeBenefitsGrp/TotalAmt028546
IRS990/OtherExpensesGrp/Desc0EQUIPMENT RENTAL
IRS990/OtherExpensesGrp/Desc1EVENT EXPENSES
IRS990/OtherExpensesGrp/Desc2BAD DEBT
IRS990/OtherExpensesGrp/Desc3OUTREACH
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0567
IRS990/OtherExpensesGrp/ProgramServicesAmt043172
IRS990/OtherExpensesGrp/ProgramServicesAmt121889
IRS990/OtherExpensesGrp/ProgramServicesAmt213002
IRS990/OtherExpensesGrp/ProgramServicesAmt33531
IRS990/OtherExpensesGrp/TotalAmt043739
IRS990/OtherExpensesGrp/TotalAmt121889
IRS990/OtherExpensesGrp/TotalAmt213002
IRS990/OtherExpensesGrp/TotalAmt33531
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0348374
IRS990/OtherSalariesAndWagesGrp/TotalAmt0348374
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt082921
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0102043
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01578
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01870
IRS990/PayrollTaxesGrp/ProgramServicesAmt032548
IRS990/PayrollTaxesGrp/TotalAmt035996
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0674866
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0314950
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05154
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt015829
IRS990/PrincipalOfficerNm0VA-MEGN THOJ
IRS990/ProfessionalFundraisingInd01
IRS990/ProgramServiceRevenueGrp/BusinessCd0999999
IRS990/ProgramServiceRevenueGrp/BusinessCd1999999
IRS990/ProgramServiceRevenueGrp/BusinessCd2999999
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/Desc1OTHER REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2LOAN INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0210851
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14181
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt23978
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0210851
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14181
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt23978
IRS990/ProgSrvcAccomActy2Grp/Desc0SMALL BUSINESS DEVELOPMENT - PROVIDE BUSINESS DEVELOPMENT TRAINING AND ASSISTANCE TO THE TWIN CITIES ASIAN COMMUNITIES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0344126
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0107882
IRS990/ProgSrvcAccomActy3Grp/Desc0ARTS AND CULTURE - PROVIDE CULTURAL EVENTS AND PROMOTE THE LITTLE MEKONG DISTRICT IN SAINT PAUL TO THE PUBLIC AND CREATE ACCESS TO ECONOMIC OPPORTUNITIES FOR ARTISTS OF THE TWIN CITIES' ASIAN COMMUNITIES.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0241774
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt026362
IRS990/ProgSrvcAccomActyOtherGrp/Desc0LENDING - AEDA PROVIDES LOANS AND FINANCIAL TECHNICAL ASSISTANCE TO THE TWIN CITIES' ASIAN COMMUNITIES AND OPERATES A REVOLVING LOAN POOL FINANCED BY GOVERNMENT GRANTS, CONTRIBUTIONS, REDC, AND INTEREST EARNED ON LOANS.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt085232
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt08159
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01313100
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0421918
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0154517
IRS990/PYRevenuesLessExpensesAmt0554618
IRS990/PYSalariesCompEmpBnftPaidAmt0491081
IRS990/PYTotalExpensesAmt0912999
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01467617
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-34490
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0184489
IRS990/SavingsAndTempCashInvstGrp/EOYAmt017973
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0870447
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01313100
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0771229
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0656629
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0261493
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03872898
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0219010
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0154517
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt019420
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt04351
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01700
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0398998
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt04271896
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01089457
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01467617
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0790649
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0660980
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0263193
IRS990ScheduleA/Total509Grp/TotalAmt04271896
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01089457
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01467617
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0790649
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0660980
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0263193
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04271896
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt09370
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06114
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt015484
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01123947
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0164338
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt027147
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0191485
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01089457
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0AEDA IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND APPLICABLE MINNESOTA STATUTES, EXCEPT TO THE EXTENT IT HAS TAXABLE INCOME FROM ACTIVITIES THAT ARE NOT RELATED TO ITS EXEMPT PURPOSE. MANAGEMENT BELIEVES AEDA DID NOT HAVE ANY UNRELATED BUSINESS INCOME. MANAGEMENT BELIEVES THAT AEDA HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND ACCORDINGLY, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0173708
IRS990ScheduleD/TotalExpensesPerForm990Amt01123947
IRS990ScheduleD/TotalRevenuePerForm990Amt01089457
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01089457
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01123947
IRS990ScheduleG/AgrmtProfFundraisingActyInd00
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0GRANT WRITER
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd00
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt00
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt0-31600
IRS990ScheduleG/FundraiserActivityInfoGrp/PersonNm0BARBARA HALL
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt031600
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt0147 WERNER AVENUE
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0DALY CITY
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd094014
IRS990ScheduleG/LicensedStatesCd0MN
IRS990ScheduleG/TotalNetToOrganizationAmt0-31600
IRS990ScheduleG/TotalRetainedByContractorsAmt031600
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt051000
IRS990ScheduleI/RecipientTable/CashGrantAmt115000
IRS990ScheduleI/RecipientTable/CashGrantAmt277512
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PREVENTION HIAP
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1STOREFRONT IMPROVEMENTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2ART OF FOOD FEASIBILITY STUDY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BLUE CROSS BLUE SHIELD
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1SILHOUETTE BAKERY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2FROGTOWN FARMS
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt03635 BLUE CROSS ROAD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1383 UNIVERSITY AVENUE WEST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2941 LAFOND AVENUE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0EAGAN
IRS990ScheduleI/RecipientTable/USAddress/CityNm1SAINT PAUL
IRS990ScheduleI/RecipientTable/USAddress/CityNm2SAINT PAUL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1MN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2MN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd055122
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd155103
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd255104
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0AEDA RECEIVED A GRANT FROM A FOUNDATION TO GRANT OTHER ORGANIZATIONS FUNDS TO HELP FURTHER ITS MISSION. GRANTEES APPLY AND IF ACCEPTED A CONTRACT IS SIGNED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/TotalOtherOrgCnt03
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EACH BOARD MEMBER RECEIVES A COPY OF THE FORM 990. IT IS REVIEWED AT A FULL BOARD MEETING AND APPROVED IF THERE ARE NO QUESTIONS OR CONCERNS. IF THERE ARE QUESTIONS, THE EXECUTIVE DIRECTOR IS IN CONTACT WITH THE ACCOUNTANT WHO PREPARED THE FORM 990 TO RESOLVE THOSE QUESTIONS BEFORE THE NEXT SCHEDULED BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY BY THE BOARD AND EACH MEMBER DISCLOSES ANY CONFLICTS OF INTEREST THAT MAY EXIST. THIS IS ALSO DONE WITH NEW MEMBERS OF THE BOARD AS PART OF THEIR ORIENTATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS ANNUALLY, AND AT THE TIME OF HIRE, DETERMINES THE COMPENSATION FOR THE EXECUTIVE DIRECTOR BASED ON SALARY DATA RESEARCHED AND PUBLISHED BY THE MINNESOTA COUNCIL OF NONPROFITS. THE EXECUTIVE DIRECTOR ANNUALLY, AND AT THE TIME OF HIRE, DETERMINES COMPENSATION FOR KEY EMPLOYEES BASED ON SALARY DATA RESEARCHED AND PUBLISHED BY THE MINNESOTA COUNCIL OF NONPROFITS. THE BOARD OF DIRECTORS REVIEWS THE SALARIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNANCE DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS WERE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION KEEPS REGULAR OFFICE HOURS AND IS EASILY CONTACTED BY PHONE OR EMAIL FOR SUCH REQUESTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THIS PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,110,722
Liabilities
$213,282
Net assets
$897,440
Revenue
$1,089,457
Expenses
$1,123,947
Net income
-$34,490
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.30$0.20$2.10$1.08$1.23$0.15
2023Detailed filing. Detailed filing data is available for this year.$2.45$0.15$2.30$1.67$0.88$0.78
2022Detailed filing. Detailed filing data is available for this year.$1.47$0.14$1.33$0.81$1.06$0.25
2021Detailed filing. Detailed filing data is available for this year.$1.69$0.12$1.56$1.12$0.75$0.38
2020Detailed filing. Detailed filing data is available for this year.$1.40$0.22$1.19$1.75$1.10$0.65
2019Detailed filing. Detailed filing data is available for this year.$0.68$0.14$0.53$1.00$0.94$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.82$0.23$0.59$0.60$0.91$0.31
2017Detailed filing. Detailed filing data is available for this year.$1.11$0.21$0.90$1.09$1.12$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.99$0.06$0.93$1.47$0.91$0.55
2015Summary only. Only limited summary data is available for this year.$0.66$0.00$0.66$0.73$0.39$0.35
2014Summary only. Only limited summary data is available for this year.$0.32$0.01$0.31$0.66$0.50$0.17
2013Summary only. Only limited summary data is available for this year.$0.16$0.01$0.15$0.27$0.20$0.07
2012Summary only. Only limited summary data is available for this year.$0.09$0.00$0.20$0.18$0.02
2011Summary only. Only limited summary data is available for this year.$0.06$0.00$0.12$0.15$0.02