Lotus Entrepreneurship Institute Inc

“Expenses web admin 2,700 travel expense 710 interest 66 events 12,900 meals 422 memberships 2,200 photocopies 1,440 subscriptions 1,565 filing fee 135 payroll taxes 472 payrol expense 284 salaries 15,000 telephone 1,800 sponsorships 800 total 40,494”

“Grants receivable 10,000 7,000 total 10,000 7,000”

“Accounts payable and accrued expenses 212 258 loans from officers 12,500 27,500”

“Elevasian narrows the wealth gap between the most and least affluent asians, which is the widest of any racial group in the united states, by stimulating job creation and wealth generation in low-and moderate-income asian communities.”

“Elevasian serves established and early-stage, revenue-generating, english- speaking asian companies that are seeking increased business knowledge, social capital to grow their businesses, and a supportive community. These business are predominantly located in low-and moderate-income asian communities statewide. Elevasian includes a structured curriculum, one-on- one mentoring, peer-to-peer learning, and the social/emotional support that comes from the sense of belonging to a community of like-minded people. Elevasian provides a safe space for small asian business owners to pivot from working in the business (owner employee mindset)to working on the business (owner strategist).”