Quan Kwong Yee Family Association
- Assets
- $344.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 10/1989
- Data as of
- 12/2022
- EIN
- 23-7310629
Organization Overview
Quan Kwong Yee Family Association is located in Los Angeles, CA. The organization was established in 1989. According to its NTEE Classification (P40) the organization is classified as: Family Services, 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. Quan Kwong Yee Family Association is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Quan Kwong Yee Family Association generated $74.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $80.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
DO Hon Kwan Chairman Of The Board | 2 | $0 | |
Wing Kwan Director | 2 | $0 | |
Joseph Kwan Director | 10 | $0 | |
Donald Quon Director | 2 | $0 | |
Jack H Quon Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $74,398 |
| Membership dues | $0 |
| Investment income | $175 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $74,573 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $25,636 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $55,004 |
| Total expenses | $80,640 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $309,917 |
| Other assets | $0 |
| Total assets | $344,714 |
| Total liabilities | $508 |
| Net assets or fund balances | $344,206 |