Civic Intelligence

Asian Future Foundation Inc.

EIN 92-1237799 • 501(c)3 • New York, NY

Pub. 78 Eligible990-N CoverageNTEE P84

Profile

To serve Asian-Americans by providing advocacy, cultural, social and recreational services.

139 Centre St Ste 304New York, NY 10013-4554

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE P84 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE P84 • <$500k nonprofits • Source year 2023

Net Margin

93rd percentile

74%

Higher net margin than 93% of similar nonprofits.

NTEE P84 • <$500k nonprofits • Source year 2023

Top Officer Pay

83rd percentile

$0

Higher top officer pay than 83% of similar nonprofits.

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

NTEE P84 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

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

Source year 2023

Revenue Growth

Score unavailable

No value available

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

Source year 2023

Balance Sheet
Liabilities / Assets60th percentile

Assets

$207,527

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$207,527

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue60th percentileNet Margin93rd percentile

Revenue

$287,368

No earlier filing loaded for comparison.

Expenses

$73,683

No earlier filing loaded for comparison.

Net Income

$213,685

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2023: $207,527Liabilities 2023: $0Net Assets 2023: $207,5272023

Highlighted filing

2023

Assets$207,527
Liabilities$0
Net Assets$207,527
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0Revenue 2023: $287,368Expenses 2023: $73,683Net Income 2023: $213,6852023

Highlighted filing

2023

Revenue$287,368
Expenses$73,683
Net Income$213,685
Open 2023 Filing

Filings

Most recent year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$207,527
Liabilities
$0
Net assets
$207,527
Revenue
$287,368
Expenses
$73,683
Net income
$213,685
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$2.08$0.00$2.08$2.87$0.74$2.14
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Nov 1, 2022 to Oct 31, 2023
Signed
Feb 14, 2024
Return Version
2022v5.0
Gross Receipts
$287,368
Mission and Program Overview

Mission

To serve Asian-Americans by providing advocacy, cultural, social and recreational services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$0$207,527▲ $207,527
Total Assets$0$207,527▲ $207,527
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$207,527-
Total Net Assets Fund Balance$0$207,527▲ $207,527
Total Liabilities and Net Assets / Fund Balance$0$207,527▲ $207,527
Compensation and Service Providers
Top Officer Pay83rd percentile

Board Members and Trustees

NameTitle
Jennifer LinPresident
Wen Jung ChuangVice President
Chih C PangTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$287,368
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$287,368
Change in Net Assets
$213,685
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$47,814
Other Expenses$25,869
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$32,223--$32,223
Fees for Services Other$15,658$0$0$15,658
Grants to Domestic Individuals$15,591--$15,591
Travel$0$10,211$0$10,211
Total Functional Expenses$63,472$10,211$0$73,683
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Asian Future Foundation Inc
EIN
92-1237799
Phone
2129250023
Address
139 CENTRE ST STE 304, NEW YORK, NY 10013-4554

Signing Officer

Name
Jennifer Lin
Title
President
Phone
2129250023
Signed
2024-02-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Lin
Formed
2022
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
James Pai CPA Pllc
Address
139 CENTRE ST STE 304, NEW YORK, NY 10013
Preparer
Yuching Pai CPA
Phone
2129250022
Supplemental Narrative

Additional Explanations

Pt VI, Line 8A

“NO MEETINGS HELD”

Pt VI, Line 8B

“NO MEETINGS HELD”

Pt VI, Line 11B

“NO NEED”

Form 990, Part IX, Line 11G

“Program 15658. 15658. 0. 0.”

Raw XML Appendix263 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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