Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Asian American Foundation for the Carolinas
EIN 87-1256897 • 501(c)3 • Charlotte, NC
Profile
PROMOTING ASIAN CULTURES AND LIFESTYLES AND CELEBRATING THE CAROLINAS ASIAN AMERICAN COMMUNITYTo EMPOWER Asian Americans in the Charlotte region, the Carolinas, and elsewhere, and to provide a forum that celebrates our cultural heritage.To ENCOURAGE leaders to engage with the Asian American community, and to give us an active role in developing an inclusive future in our region.To INSPIRE our community and to promote our strength in diversity and our power in unity.To INFORM local and global readers alike of vital issues from an Asian perspective, to promote healthy dialogue, and to establish positive influences for progress, To ENTERTAIN and share the best of our cultures, remaining proud Carolinians and loyal Americans, while retaining our indomitable Asian values and spirit.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
55th percentile
Higher net margin than 55% of similar nonprofits.
Top Officer Pay
94th percentile
Higher top officer pay than 94% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$32,969
No earlier filing loaded for comparison.
Liabilities
-
No earlier filing loaded for comparison.
Net Assets
$32,969
No earlier filing loaded for comparison.
Revenue
$58,924
No earlier filing loaded for comparison.
Expenses
$50,245
No earlier filing loaded for comparison.
Net Income
$8,679
No earlier filing loaded for comparison.
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $32,969
- Liabilities
- -
- Net assets
- $32,969
- Revenue
- $58,924
- Expenses
- $50,245
- Net income
- $8,679
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Dec 10, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $58,924
Mission and Program Overview
Mission
PROMOTING ASIAN CULTURES AND LIFESTYLES AND CELEBRATING THE CAROLINAS ASIAN AMERICAN COMMUNITYTo EMPOWER Asian Americans in the Charlotte region, the Carolinas, and elsewhere, and to provide a forum that celebrates our cultural heritage.To ENCOURAGE leaders to engage with the Asian American community, and to give us an active role in developing an inclusive future in our region.To INSPIRE our community and to promote our strength in diversity and our power in unity.To INFORM local and global readers alike of vital issues from an Asian perspective, to promote healthy dialogue, and to establish positive influences for progress, To ENTERTAIN and share the best of our cultures, remaining proud Carolinians and loyal Americans, while retaining our indomitable Asian values and spirit.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE ASSOCIATION PROUDLY PROVIDED GRANTS TO MULTIPLE ASIAN AMERICANS TO ASSIST THEM IN FURTHERING THEIR TRAINING AND EDUCATION IN ORDER TO HELP THEM GAIN EMPLOYMENT OPPORTUNITIES. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| NINA BAUTISTA | Chairman | - | $0 | - | - |
| CATHERINE CHANG | Director | - | $0 | - | - |
| JOHN C CHEN | Executive Director | - | $0 | - | - |
| EDWARD TAUTJO | Director | - | $0 | - | - |
| STEPHEN VAUGHAN | Treasurer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Asian American Foundation for the
- EIN
- 87-1256897
- Phone
- 7046216668
- Address
- 4700 CARSONS POND RD, CHARLOTTE, NC 28226
Signing Officer
- Name
- John Chen
- Title
- Executive Director
- Signed
- 2025-12-10
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Stephen F Vaughan CPA PA
- Address
- 9435 Ardrey Woods Drive, Charlotte, NC 28277
- Preparer
- Stephen F Vaughan CPA
- Phone
- 9802807846
Supplemental Narrative
Additional Explanations
Grants and Similar Amounts Paid In Excess of $5,000.10
“Class of Activity: SCHOLARSHIP GRANT | Donee's Name: THUINH KPA | Cash Amount Given: $6000”
Grants and Similar Amounts Paid In Excess of $5,000.13
“Class of Activity: SCHOLARSHIP GRANT | Donee's Name: VEH SIU | Cash Amount Given: $6000”
Other Expenses.1001
“Advertising and Promotion $9284”
Other Expenses.1002
“Office Expenses $4051”
Other Expenses.1007
“Conferences, Conventions, and Meetings $221”
Other Expenses.1
“Meeting Costs $173”
Raw XML Appendix138 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | STEPHEN VAUGHAN |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9802807846 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 9435 ARDREY WOODS DRIVE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | CHARLOTTE |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 28226 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 24290 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 32969 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 58924 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 8679 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 24290 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 32969 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 36516 |
| IRS990EZ/GrossReceiptsAmt | 0 | 58924 |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 24290 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 32969 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 24290 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 32969 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | NINA BAUTISTA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | CATHERINE CHANG |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | JOHN C CHEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | EDWARD TAUTJO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | STEPHEN VAUGHAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Chairman |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Executive Dir. |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Treasurer |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 13729 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | PROMOTING ASIAN CULTURES AND LIFESTYLES AND CELEBRATING THE CAROLINAS ASIAN AMERICAN COMMUNITYTo EMPOWER Asian Americans in the Charlotte region, the Carolinas, and elsewhere, and to provide a forum that celebrates our cultural heritage.To ENCOURAGE leaders to engage with the Asian American community, and to give us an active role in developing an inclusive future in our region.To INSPIRE our community and to promote our strength in diversity and our power in unity.To INFORM local and global readers alike of vital issues from an Asian perspective, to promote healthy dialogue, and to establish positive influences for progress, To ENTERTAIN and share the best of our cultures, remaining proud Carolinians and loyal Americans, while retaining our indomitable Asian values and spirit. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE ASSOCIATION PROUDLY PROVIDED GRANTS TO MULTIPLE ASIAN AMERICANS TO ASSIST THEM IN FURTHERING THEIR TRAINING AND EDUCATION IN ORDER TO HELP THEM GAIN EMPLOYMENT OPPORTUNITIES. |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 50245 |
| IRS990EZ/TotalRevenueAmt | 0 | 58924 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.AAFFTC,OEG |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 58924 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 26785 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 85709 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 85709 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 58924 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 26785 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 85709 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 85709 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Class of Activity: SCHOLARSHIP GRANT | Donee's Name: THUINH KPA | Cash Amount Given: $6000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Class of Activity: SCHOLARSHIP GRANT | Donee's Name: VEH SIU | Cash Amount Given: $6000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Advertising and Promotion $9284 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Office Expenses $4051 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Conferences, Conventions, and Meetings $221 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Meeting Costs $173 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Grants and Similar Amounts Paid In Excess of $5,000.10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Grants and Similar Amounts Paid In Excess of $5,000.13 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.1002 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.1007 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.1 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JOHN CHEN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Executive Director |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-12-10 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | ASIAN AMERICAN FOUNDATION FOR THE |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | CAROLINAS |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ASIA |
| ReturnHeader/Filer/EIN | 0 | 871256897 |
| ReturnHeader/Filer/PhoneNum | 0 | 7046216668 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 4700 CARSONS POND RD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | CHARLOTTE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 28226 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 272626929 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Stephen F Vaughan CPA PA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 9435 Ardrey Woods Drive |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Charlotte |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 28277 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9802807846 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Stephen F Vaughan CPA |
| ReturnHeader/ReturnTs | 0 | 2025-12-10T08:54:35-08:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Peer Organizations
Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • <$500k nonprofits
Prineville, OR
View OrganizationUnite
501(c)3 • NTEE A62
Revenue$58,924
Assets$13,007
Revenue vs current organization
About the sameAssets vs current organization
61% lowerHouston, TX
View OrganizationSapphire Therapeutic Services
501(c)3
Revenue$58,924
Assets$32,417
Revenue vs current organization
About the sameAssets vs current organization
About the sameSomerville, MA
View OrganizationPopportunity Inc
501(c)3
Revenue$58,925
Assets$36,390
Revenue vs current organization
About the sameAssets vs current organization
10% higherNew York, NY
View OrganizationNew York Outrigger Inc
501(c)3
Revenue$41,934
Assets$58,923
Revenue vs current organization
29% lowerAssets vs current organization
79% higher