Diamond Bar Chinese American Assoc is located in Diamond Bar, CA. The organization was established in 2006. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Diamond Bar Chinese American Assoc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Diamond Bar Chinese American Assoc generated $32.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 20.8% each year . All expenses for the organization totaled $35.2k during the year ending 06/2024. While expenses have increased by 22.6% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
SEE ATTACHED SCHEDULE
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Theresa Lee Secretary | 4 | $0 | |
| Allen Ku CEO | 4 | $0 | |
| Heidi Kwok CFO | 4 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,500 | 
| Total Program Service Revenue | $12,140 | 
| Membership dues | $0 | 
| Investment income | $27 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $32,667 | 
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 | 
| Benefits paid to or for members | $0 | 
| Salaries, other compensation, and employee benefits | $0 | 
| Professional fees and other payments to independent contractors | $630 | 
| Occupancy, rent, utilities, and maintenance | $2,936 | 
| Printing, publications, postage, and shipping | $1,140 | 
| Other expenses | $30,493 | 
| Total expenses | $35,199 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $111,296 | 
| Other assets | $0 | 
| Total assets | $111,296 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $111,296 |