Civic Intelligence

Asian Community Resources Center Inc.

990EZ • Fiscal year 2017 • EIN 47-4396567

Jan 01, 2017 to Dec 31, 2017 • Filed on May 31, 2018

16320 NW 48th AvenueMiami Garden, FL 33014

(305) 262-0662

Siviq Scores

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

Liabilities / Assets

99th percentile

20.88x

Higher debt load relative to assets than 99% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

95th percentile

0.94x

Higher debt load relative to revenue than 95% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

8th percentile

-50%

Higher net margin than 8% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

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.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

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

Source year 2017

Revenue Growth

Score unavailable

No value available

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

Source year 2017

Assets

$3,488

No earlier filing loaded for comparison.

Net Assets

-$69,328

No earlier filing loaded for comparison.

Liabilities

$72,816

No earlier filing loaded for comparison.

Revenue

$77,289

No earlier filing loaded for comparison.

Expenses

$115,982

No earlier filing loaded for comparison.

Net Income

-$38,693

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$400K$200K$0-$200K-$400KAssets 2017: $3,488Liabilities 2017: $72,816Net Assets 2017: -$69,3282017Assets 2018: $11,603Liabilities 2018: $90,075Net Assets 2018: -$78,4722018Assets 2019: $4,378Liabilities 2019: $99,390Net Assets 2019: -$95,0122019Assets 2020: $4,097Liabilities 2020: $115,678Net Assets 2020: -$111,5812020Assets 2021: $5,397Liabilities 2021: $241,003Net Assets 2021: -$235,6062021Assets 2022: $14,351Liabilities 2022: $262,505Net Assets 2022: -$248,1542022Assets 2023: $14,075Liabilities 2023: $259,9552023

Highlighted filing

2017

Assets$3,488
Liabilities$72,816
Net Assets-$69,328

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2017: $77,289Expenses 2017: $115,982Net Income 2017: -$38,6932017Revenue 2018: $84,701Expenses 2018: $107,631Net Income 2018: -$22,9302018Revenue 2019: $74,101Expenses 2019: $86,915Net Income 2019: -$12,8142019Revenue 2020: $49,202Expenses 2020: $65,771Net Income 2020: -$16,5692020Revenue 2021: $31,556Expenses 2021: $74,926Net Income 2021: -$43,3702021Revenue 2022: $56,640Expenses 2022: $69,188Net Income 2022: -$12,5482022Revenue 2023: $6,168Expenses 2023: $3,894Net Income 2023: $2,2742023

Highlighted filing

2017

Revenue$77,289
Expenses$115,982
Net Income-$38,693
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 31, 2018
Return Version
2017v2.2
Gross Receipts
$77,289
Mission and Program Overview

Mission

It provides senior citizen programs

This organization provides senior citizens in south florida with a safe, sanctioned place for a comprehensive network of culturally sensitive and linguistically appropriate programs and services, and assists them to access mainstream elder services and maintain their independency.

Program Services

DescriptionGrantsExpenses
ACRC CENTER THAT IS WORKING FOR PROVIDING SERVICES FOR OUR COMMUNITY'S SENIORS. WE FEEL THAT THE SENIORS IN SOUTH FLORIDA SHOULD BE SUPPORTED BY A SAFE, SANCTIONED PLACE FOR A COMPREHENSIVE NETWORK OF CULTURALLY SENSITIVE AND LINGUISTICALLY APPROPRIATE PROGRAMS AND SERVICES, ASSIST THEM TO ACCESS MAINSTREAM ELDER SERVICES AND MAINTAIN THEIR INDEPENDENCE. OUR ORGANIZATION IS DEDICATED TO THE PROCESS OF MAKING THAT HAPPEN BUT WE NEED YOUR HELP. WITH THE JOINT EFFORT OF THE COMMUNITY, THE ASIAN COMMUNITY RESOURCES CENTER IS GOING TO PROVIDE MULTIPLE SERVICES TO THE ASIANS LIVING IN SOUTH FLORIDA. THIS IS THE FIRST OF ITS KIND IN SOUTH FLORIDA PROMOTES BETTER QUALITY OF LIFE FOR SENIORS, IMMIGRANTS AND OTHER COMMUNITIES. MANY BUSINESS AND COMMUNITY LEADERS ARE ON THE ADVISORY BOARD AS WELL AS INDIVIDUALS.-$115,982
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOHNSON NGPresident-$0--
YUNG NIEN LIUVice Preside-$0--
CHOR YIM YUDirector-$0--
Filing and Contact Details

Filer

Filer Name
Asian Community Resources Center
EIN
47-4396567
Address
16320 NW 48TH AVENUE, MIAMI GARDEN, FL 33014

Signing Officer

Name
Yung Nien Liu
Title
Vice President
Phone
3052620662
Signed
2018-05-31
Discuss with paid preparer
Yes

Preparer

Firm
Legend Financial Services
Address
18503 PINES BLVD STE 204, PEMBROKE PINES, FL 33029
Preparer
Huixian Xu Ea
Phone
9543673851
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Other income 5,569 total 5,569

Form 990-ez, Part I, Line 16

Expenses advertising expenses 2,600 stationery and office supplie 1,769 bank service charges 129 office expenses 4,877 travel and subsistence 5,149 insurance 1,983 other expenses 1,288 special event expenses 31,175 equipment rental 10,018 volunteer services 640 total 59,628

Form 990-ez, Part II, Line 24

Pledges receivable 2,673 1,162 total 2,673 1,162

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 33,542 55,216 short term loan 0 17,600

Form 990-ez, Part III

This organization provides senior citizens in south florida with a safe, sanctioned place for a comprehensive network of culturally sensitive and linguistically appropriate programs and services, and assists them to access mainstream elder services and maintain their independency.

Form 990-ez, Part III, Line 28

Acrc center that is working for providing services for our community's seniors. We feel that the seniors in south florida should be supported by a safe, sanctioned place for a comprehensive network of culturally sensitive and linguistically appropriate programs and services, assist them to access mainstream elder services and maintain their independence. Our organization is dedicated to the process of making that happen but we need your help. With the joint effort of the community, the asian community resources center is going to provide multiple services to the asians living in south florida. This is the first of its kind in south florida promotes better quality of life for seniors, immigrants and other communities. Many business and community leaders are on the advisory board as well as individuals.

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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/ExplanationTxt0OTHER INCOME 5,569 TOTAL 5,569
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING EXPENSES 2,600 STATIONERY AND OFFICE SUPPLIE 1,769 BANK SERVICE CHARGES 129 OFFICE EXPENSES 4,877 TRAVEL AND SUBSISTENCE 5,149 INSURANCE 1,983 OTHER EXPENSES 1,288 SPECIAL EVENT EXPENSES 31,175 EQUIPMENT RENTAL 10,018 VOLUNTEER SERVICES 640 TOTAL 59,628
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PLEDGES RECEIVABLE 2,673 1,162 TOTAL 2,673 1,162
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 33,542 55,216 SHORT TERM LOAN 0 17,600
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THIS ORGANIZATION PROVIDES SENIOR CITIZENS IN SOUTH FLORIDA WITH A SAFE, SANCTIONED PLACE FOR A COMPREHENSIVE NETWORK OF CULTURALLY SENSITIVE AND LINGUISTICALLY APPROPRIATE PROGRAMS AND SERVICES, AND ASSISTS THEM TO ACCESS MAINSTREAM ELDER SERVICES AND MAINTAIN THEIR INDEPENDENCY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ACRC CENTER THAT IS WORKING FOR PROVIDING SERVICES FOR OUR COMMUNITY'S SENIORS. WE FEEL THAT THE SENIORS IN SOUTH FLORIDA SHOULD BE SUPPORTED BY A SAFE, SANCTIONED PLACE FOR A COMPREHENSIVE NETWORK OF CULTURALLY SENSITIVE AND LINGUISTICALLY APPROPRIATE PROGRAMS AND SERVICES, ASSIST THEM TO ACCESS MAINSTREAM ELDER SERVICES AND MAINTAIN THEIR INDEPENDENCE. OUR ORGANIZATION IS DEDICATED TO THE PROCESS OF MAKING THAT HAPPEN BUT WE NEED YOUR HELP. WITH THE JOINT EFFORT OF THE COMMUNITY, THE ASIAN COMMUNITY RESOURCES CENTER IS GOING TO PROVIDE MULTIPLE SERVICES TO THE ASIANS LIVING IN SOUTH FLORIDA. THIS IS THE FIRST OF ITS KIND IN SOUTH FLORIDA PROMOTES BETTER QUALITY OF LIFE FOR SENIORS, IMMIGRANTS AND OTHER COMMUNITIES. MANY BUSINESS AND COMMUNITY LEADERS ARE ON THE ADVISORY BOARD AS WELL AS INDIVIDUALS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
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ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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