Civic Intelligence

Asian Inc.

990 • Fiscal year 2016 • EIN 94-1753170

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 13, 2017

Organization Profilewww.asianinc.org
1167 Mission Street 4th FloorSan Francisco, CA 94103

(415) 928-5910

Siviq Scores

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

Liabilities / Assets

81st percentile

0.64x

Higher debt load relative to assets than 81% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

85th percentile

1.63x

Higher debt load relative to revenue than 85% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

72nd percentile

11%

Higher net margin than 72% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

59th percentile

$139,649

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 4.0% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

86th percentile

24%

Faster asset growth than 86% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

55th percentile

4.5%

Faster revenue growth than 55% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets81st percentile

Assets

Up

$9,036,099

Up $1,730,724 (+24%) from 2015

Net Assets

Up

$3,291,438

Up $402,550 (+14%) from 2015

Liabilities

Up

$5,744,661

Up $1,328,174 (+30%) from 2015

Revenue And Expenses
Liabilities / Revenue85th percentileNet Margin72nd percentile

Revenue

Up

$3,532,087

Up $150,536 (+4.5%) from 2015

Expenses

Down

$3,129,537

Down $100,290 (-3.1%) from 2015

Net Income

Up

$402,550

Up $250,826 (+165%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth86th percentile

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

$15M$10M$5.0M$0Assets 2010: $5,945,066Liabilities 2010: $3,810,164Net Assets 2010: $2,134,9022010Assets 2011: $9,554,677Liabilities 2011: $6,087,435Net Assets 2011: $3,467,2422011Assets 2012: $8,849,622Liabilities 2012: $5,768,441Net Assets 2012: $3,081,1812012Assets 2013: $8,472,641Liabilities 2013: $6,020,240Net Assets 2013: $2,452,4012013Assets 2014: $9,145,415Liabilities 2014: $6,812,784Net Assets 2014: $2,332,6312014Assets 2015: $7,305,375Liabilities 2015: $4,416,487Net Assets 2015: $2,888,8882015Assets 2016: $9,036,099Liabilities 2016: $5,744,661Net Assets 2016: $3,291,4382016Assets 2017: $8,638,078Liabilities 2017: $5,518,235Net Assets 2017: $3,119,8432017Assets 2018: $8,637,930Liabilities 2018: $5,317,253Net Assets 2018: $3,320,6772018Assets 2019: $8,818,957Liabilities 2019: $5,243,304Net Assets 2019: $3,575,6532019Assets 2020: $10,510,576Liabilities 2020: $6,160,985Net Assets 2020: $4,349,5912020Assets 2021: $12,344,249Liabilities 2021: $6,616,310Net Assets 2021: $5,727,9392021Assets 2022: $13,642,103Liabilities 2022: $7,573,221Net Assets 2022: $6,068,8822022Assets 2023: $13,830,227Liabilities 2023: $7,483,361Net Assets 2023: $6,346,8662023Assets 2024: $14,814,259Liabilities 2024: $7,260,354Net Assets 2024: $7,553,9052024

Highlighted filing

2016

Assets$9,036,099
Liabilities$5,744,661
Net Assets$3,291,438
Open 2016 Filing

Operations Trend

Revenue Growth55th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2010: $2,441,588Expenses 2010: $2,263,947Net Income 2010: $177,6412010Revenue 2011: $3,670,752Expenses 2011: $3,170,660Net Income 2011: $500,0922011Revenue 2012: $3,393,828Expenses 2012: $3,544,391Net Income 2012: -$150,5632012Revenue 2013: $2,835,712Expenses 2013: $3,167,308Net Income 2013: -$331,5962013Revenue 2014: $3,197,781Expenses 2014: $3,317,662Net Income 2014: -$119,8812014Revenue 2015: $3,381,551Expenses 2015: $3,229,827Net Income 2015: $151,7242015Revenue 2016: $3,532,087Expenses 2016: $3,129,537Net Income 2016: $402,5502016Revenue 2017: $3,253,236Expenses 2017: $3,166,332Net Income 2017: $86,9042017Revenue 2018: $3,334,886Expenses 2018: $3,087,839Net Income 2018: $247,0472018Revenue 2019: $3,628,497Expenses 2019: $3,373,521Net Income 2019: $254,9762019Revenue 2020: $4,378,715Expenses 2020: $3,604,777Net Income 2020: $773,9382020Revenue 2021: $4,897,792Expenses 2021: $3,519,444Net Income 2021: $1,378,3482021Revenue 2022: $4,447,185Expenses 2022: $4,072,368Net Income 2022: $374,8172022Revenue 2023: $4,287,646Expenses 2023: $4,009,662Net Income 2023: $277,9842023Revenue 2024: $5,561,637Expenses 2024: $4,381,533Net Income 2024: $1,180,1042024

Highlighted filing

2016

Revenue$3,532,087
Expenses$3,129,537
Net Income$402,550
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 13, 2017
Return Version
2016v3.0
Gross Receipts
$4,099,524
Mission and Program Overview

Mission

The core mission of ASIAN, Inc. is the empowerment of the Asian American Community to achieve social equality by reducing dependency to create and expand access to opportunities in the areas of business development, housing and education.

The core mission of ASIAN, Inc. is the empowerment of the Asian American Community to achieve social equality by reducing dependency to create and expand access to opportunities in the areas of business development, housing and education. The most significant activities include technical assistance and research for strengthening the infrastructures of Asian American communities in Northern California and to assist in their physical, economic, and social development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,688,762$3,805,525▲ $116,763
Other Notes and Loans Receivable, Net$1,049,592$1,053,636▲ $4,044
Cash and Non-Interest-Bearing Accounts$339,927$916,308▲ $576,381
Savings and Temporary Cash Investments$1,114,245$896,378▼ $217,867
Accounts Receivable$891,518$762,614▼ $128,904
Pledges and Grants Receivable-$100,000-
Prepaid Expenses and Deferred Charges$36,573--
Total Assets$7,305,375$9,036,099▲ $1,730,724
Other Assets Total$184,758$1,501,638▲ $1,316,880
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,925,480$4,364,866▲ $1,439,386
Accounts Payable and Accrued Expenses$684,509$676,667▼ $7,842
Other Liabilities$733,230$645,490▼ $87,740
Escrow Account Liability$73,268$57,638▼ $15,630
Total Liabilities$4,416,487$5,744,661▲ $1,328,174
Net Assets / Fund Balance
Unrestricted Net Assets$2,518,012$2,770,562▲ $252,550
Temporarily Rstr Net Assets$370,876$520,876▲ $150,000
Total Net Assets Fund Balance$2,888,888$3,291,438▲ $402,550
Total Liabilities and Net Assets / Fund Balance$7,305,375$9,036,099▲ $1,730,724

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,811,272$631,860$3,443,132
Land$983,492-$983,492
Equipment$5,874$63,766$69,640
Other Land Buildings$4,887$7,330$12,217
Other Assets Org$1,458,137--
Compensation and Service Providers
Top Officer Pay59th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael ChanPresidentFT$126,750$12,899$139,649
Herbert QuanVP of OperationsFT$82,000$9,058$91,058
Sari J KaretAdministrative DirectorFT$43,515$3,615$47,130

Board Members and Trustees

NameTitle
Frank FungChair
Robert LoVice-Chair
Christina CiuBoard Member
Jonathan LeongBoard Member
Joseph DangBoard Member
Roger A RoyseBoard Member
Sheldon BeitzelBoard Member
Yihou HanBoard Member
Gregory MarutaniSecretary
Shirley TanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,281,312
Program Service Revenue
$1,880,449
Investment Income
$-23,298
Other Revenue
$393,624
All Other Contributions
$322,500
Change in Net Assets
$402,550
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,290,955
Other Expenses$838,582
Total Fundraising Expense$74,795
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,146,438$434,571$38,711$1,619,720
Occupancy$304,132$102,286$10,270$416,688
Current Officers, Directors, Trustees, and Key Employees$196,653$74,544$6,640$277,837
Other Employee Benefits$141,864$53,774$4,790$200,428
Payroll Taxes$98,682$37,408$3,332$139,422
Depreciation Depletion$68,412$25,932$2,310$96,654
Travel$65,774$24,932$2,221$92,927
Pension Plan Contributions$37,901$14,367$1,280$53,548
Fees for Services Accounting$25,025$9,295$1,430$35,750
Fees for Services Other$24,304$9,434$140$33,878
Insurance$20,963$7,947$708$29,618
Interest$17,079$6,473$577$24,129
Office Expenses$17,021$6,452$575$24,048
Other Expenses$5,984$2,268$202$8,454
Information Technology$5,720$2,169$193$8,082
Fees for Services Legal$3,173$1,179$181$4,533
Advertising$917$341$52$1,310
All Other Expenses$852$398$31$1,281
Total Functional Expenses$2,228,033$826,709$74,795$3,129,537
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$75,494
Fundraising Gross Income$75,494
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$97,294$75,494$75,494$0
Total Events$97,294$75,494$75,494$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Advance from related parties$516,071
Lines of credit$90,060
Tenant Security Deposit$39,359
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The outside, independent CPA prepares the Form 990. The Board Members review the Form 990 before filing it.”

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

“The conflict of interest policy is monitored and reviewed by the Board annually and signed in order to show compliance.”

Form 990, Part VI, Section B, line 15

“The compensation of the top management official (the President) is determined by a a compensation and benefits survey report for nonprofits as well as a review and approval by the Board of Directors. The other officers or key employees' compensations are determined, reviewed and approved by the President.”

Form 990, Part VI, Section C, line 19

“Documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Asian Inc
EIN
94-1753170
Phone
4159285910
Address
1167 Mission Street 4th Floor, San Francisco, CA 94103

Signing Officer

Name
Michael Chan
Title
President
Phone
4159285910
Signed
2017-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Chan
Formed
1971
Legal Domicile
CA
Voting Board Members
10
Independent Board Members
10
Employees
63
Volunteers
10

Preparer

Firm
Harrington Group CPAs LLP
Address
234 East Colorado Blvd Suite M150, Pasadena, CA 91101
Preparer
Tonetta L Conner CPA
Phone
6264036801
Supplemental Narrative

Financial Statement Notes

Part IV, Line 2B:

“ASIAN, Inc. holds certain accounts in trust for others in the course of its affordable housing program operations. The balances consist of tenant deposits and operating accounts for affiliates for which ASIAN, Inc. serves as property manager.”

Part X, Line 2:

“ASIAN, Inc. and its nonprofit Affiliates NHRC II, NHRC III, NHCR IV, Minna Inc., Van Ness Inc., Natoma Inc., and O'Farrell Inc. are exempt from taxation under Internal Revenue Code Section 501(c)(3) and California Revenue and Taxation Code Section 23701d. The limited partnerships: Natoma LP, Van Ness LP, Minna LP, Turk LP, Lassen LP, and Post LP, are pass-through entities not subject to income taxation except for the annual California limited partnership fee of $800. All taxable income, deductions, and tax credits are passed to, and are reportable by the partners individually. In 2016, the partnerships paid $4,800 in California limited partnership fees. Generally accepted accounting principles provides accounting and disclosure guidance about positions taken by an organization in its tax returns that might be uncertain. Management has considered its tax positions and believes that all of the positions taken by ASIAN, Inc. in its federal and state tax returns are more likely than not to be sustained upon examination. ASIAN, Inc.'s respective returns are subject to examination by federal and state taxing authorities, generally for three and four years, respectively, after they are filed.”

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IRS990/Form990PartVIISectionAGrp/PersonNm10Michael Chan
IRS990/Form990PartVIISectionAGrp/PersonNm11Sari J Karet
IRS990/Form990PartVIISectionAGrp/PersonNm12Herbert Quan
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IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt9Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt10President
IRS990/Form990PartVIISectionAGrp/TitleTxt11Administrative Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12VP of Operations
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01971
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt021800
IRS990/FundraisingDirectExpensesAmt075494
IRS990/FundraisingGrossIncomeAmt075494
IRS990/GainOrLossGrp/OtherAmt0-25862
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt0937012
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0150807
IRS990/GrossReceiptsAmt04099524
IRS990/GrossRentsGrp/RealAmt0597592
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt0193
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt02169
IRS990/InformationTechnologyGrp/ProgramServicesAmt05720
IRS990/InformationTechnologyGrp/TotalAmt08082
IRS990/InsuranceGrp/FundraisingAmt0708
IRS990/InsuranceGrp/ManagementAndGeneralAmt07947
IRS990/InsuranceGrp/ProgramServicesAmt020963
IRS990/InsuranceGrp/TotalAmt029618
IRS990/InterestGrp/FundraisingAmt0577
IRS990/InterestGrp/ManagementAndGeneralAmt06473
IRS990/InterestGrp/ProgramServicesAmt017079
IRS990/InterestGrp/TotalAmt024129
IRS990/InvestmentIncomeGrp/ExclusionAmt02564
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02564
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0702956
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03688762
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03805525
IRS990/LandBldgEquipCostOrOtherBssAmt04508481
IRS990/LegalDomicileStateCd0CA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0176669
IRS990/LessRentalExpensesGrp/RealAmt0315274
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The core mission of ASIAN, Inc. is the empowerment of the Asian American Community to achieve social equality by reducing dependency to create and expand access to opportunities in the areas of business development, housing and education.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02925480
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt04364866
IRS990/NetAssetsOrFundBalancesBOYAmt02888888
IRS990/NetAssetsOrFundBalancesEOYAmt03291438
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-25862
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-25862
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0282318
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0282318
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt013000
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt010270
IRS990/OccupancyGrp/ManagementAndGeneralAmt0102286
IRS990/OccupancyGrp/ProgramServicesAmt0304132
IRS990/OccupancyGrp/TotalAmt0416688
IRS990/OfficeExpensesGrp/FundraisingAmt0575
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06452
IRS990/OfficeExpensesGrp/ProgramServicesAmt017021
IRS990/OfficeExpensesGrp/TotalAmt024048
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0184758
IRS990/OtherAssetsTotalGrp/EOYAmt01501638
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt04790
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt053774
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0141864
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0200428
IRS990/OtherExpensesGrp/Desc0Miscellaneous
IRS990/OtherExpensesGrp/Desc1In-Kind Expense
IRS990/OtherExpensesGrp/Desc2Training
IRS990/OtherExpensesGrp/Desc3Repairs and Maintenance
IRS990/OtherExpensesGrp/FundraisingAmt0899
IRS990/OtherExpensesGrp/FundraisingAmt1253
IRS990/OtherExpensesGrp/FundraisingAmt2202
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010095
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12844
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22268
IRS990/OtherExpensesGrp/ProgramServicesAmt026637
IRS990/OtherExpensesGrp/ProgramServicesAmt113000
IRS990/OtherExpensesGrp/ProgramServicesAmt27502
IRS990/OtherExpensesGrp/ProgramServicesAmt35984
IRS990/OtherExpensesGrp/TotalAmt037631
IRS990/OtherExpensesGrp/TotalAmt113000
IRS990/OtherExpensesGrp/TotalAmt210599
IRS990/OtherExpensesGrp/TotalAmt38454
IRS990/OtherLiabilitiesGrp/BOYAmt0733230
IRS990/OtherLiabilitiesGrp/EOYAmt0645490
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous
IRS990/OtherRevenueMiscGrp/ExclusionAmt0111306
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0111306
IRS990/OtherRevenueTotalAmt0111306
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt038711
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0434571
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01146438
IRS990/OtherSalariesAndWagesGrp/TotalAmt01619720
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01049592
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01053636
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt03332
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt037408
IRS990/PayrollTaxesGrp/ProgramServicesAmt098682
IRS990/PayrollTaxesGrp/TotalAmt0139422
IRS990/PensionPlanContributionsGrp/FundraisingAmt01280
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt014367
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt037901
IRS990/PensionPlanContributionsGrp/TotalAmt053548
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0100000
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt036573
IRS990/PrincipalOfficerNm0Michael Chan
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1531310
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0Contract Income
IRS990/ProgramServiceRevenueGrp/Desc1Program Income
IRS990/ProgramServiceRevenueGrp/Desc2Asset Management Fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01016590
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1710049
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2153810
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01016590
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1710049
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2153810
IRS990/ProgSrvcAccomActy2Grp/Desc0Economic Development provides management and technical assistance primarily to a variety of small and larger Asian American and other minority businesses and is funded by Federal MBDA, Department of Commerce.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01033856
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0153810
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0253887
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01044
IRS990/PYOtherExpensesAmt01052691
IRS990/PYOtherRevenueAmt0103571
IRS990/PYProgramServiceRevenueAmt03023049
IRS990/PYRevenuesLessExpensesAmt0151724
IRS990/PYSalariesCompEmpBnftPaidAmt02177136
IRS990/PYTotalExpensesAmt03229827
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03381551
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0402550
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0282318
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02663651
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01114245
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0896378
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01281312
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01402217
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01525581
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01170137
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01361845
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt06741092
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0600156
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt040487
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt030493
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01842
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt022726
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0695704
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02106750
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt03723884
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt03311930
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt04468469
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt05598973
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt019210006
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0600156
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt040487
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt030493
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01842
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt022726

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,036,099
Liabilities
$5,744,661
Net assets
$3,291,438
Revenue
$3,532,087
Expenses
$3,129,537
Net income
$402,550
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$14.8$7.26$7.55$5.56$4.38$1.18
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.8$7.48$6.35$4.29$4.01$0.28
2022Detailed filing. Detailed filing data is available for this year.$13.6$7.57$6.07$4.45$4.07$0.37
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.3$6.62$5.73$4.90$3.52$1.38
2020Detailed filing. Detailed filing data is available for this year.$10.5$6.16$4.35$4.38$3.60$0.77
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.82$5.24$3.58$3.63$3.37$0.25
2018Detailed filing. Detailed filing data is available for this year.$8.64$5.32$3.32$3.33$3.09$0.25
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.64$5.52$3.12$3.25$3.17$0.09
2016Detailed filing. Detailed filing data is available for this year.$9.04$5.74$3.29$3.53$3.13$0.40
2015Detailed filing. Detailed filing data is available for this year.$7.31$4.42$2.89$3.38$3.23$0.15
2014Detailed filing. Detailed filing data is available for this year.$9.15$6.81$2.33$3.20$3.32$0.12
2013Summary only. Only limited summary data is available for this year.$8.47$6.02$2.45$2.84$3.17$0.33
2012Summary only. Only limited summary data is available for this year.$8.85$5.77$3.08$3.39$3.54$0.15
2011Summary only. Only limited summary data is available for this year.$9.55$6.09$3.47$3.67$3.17$0.50
2010Summary only. Only limited summary data is available for this year.$5.95$3.81$2.13$2.44$2.26$0.18