Asian Focus Corporation
- Assets
- $305.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Morrisville, NC
- Founding
- 03/2010
- Data as of
- 10/2022
- EIN
- 27-0167019
Organization Overview
Asian Focus Corporation is located in Morrisville, NC. The organization was established in 2010. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Asian Focus Corporation 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 10/2022, Asian Focus Corporation generated $53.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $5.8k during the year ending 10/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
2022 DRAGON BOAT RACE FESTIVAL, INCLUDING BOAT RACING, PERFORMANCE, FOOD, CULTURAL EXHIBITS AND MERCHANDISE. CELEBRATE ASIAN CULTURE, DIVERSITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lily Chan Founder | 5 | $0 | |
Yun-Leih Chuu VP | 30 | $0 | |
Gregoria Smith Secretary | 10 | $0 | |
Eileen Culliney Tax Advisor | 1 | $0 | |
Yupei Chooi Treasurer Director Of Program Mgmt | 20 | $0 | |
Benjamin Uysmith President | 30 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $33,697 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $14 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $20,158 |
| Other Revenue | $0 |
| Total Revenue | $53,869 |
| 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 | $0 |
| Printing, publications, postage, and shipping | $219 |
| Other expenses | $3,576 |
| Total expenses | $5,825 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $305,491 |
| Other assets | $0 |
| Total assets | $305,491 |
| Total liabilities | $0 |
| Net assets or fund balances | $305,491 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Asian Focus Corporation has recieved totaling $173.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $173 |
Peer Organizations
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|---|---|---|
Saudi Arabian U S Business Council Inc Vienna, VA | $3,546,346 | $2,319,248 |
Nashville International Center For Empowerment Nashville, TN | $897,200 | $2,966,739 |
Afro-American Cultural Center Inc Charlotte, NC | $10,610,750 | $1,926,817 |
Conquistadores Del Cielo Williamsburg, VA | $361,595 | $2,072,328 |
The International School Of Charlottesvlle Inc Charlottesville, VA | $2,986,526 | $2,354,548 |
Souls Grown Deep Community Partnership Inc Atlanta, GA | $880,696 | $744,221 |
American Turkish Council Arlington, VA | $0 | $1,588,052 |
National Black Arts Festival Inc Atlanta, GA | $1,026,989 | $1,260,210 |
Our Pride Encompasses Nashville Nashville, TN | $362,350 | $788,648 |
Grandfather Mountain Highland Games Inc Linville, NC | $1,465,874 | $680,142 |
Hola Community Arts Asheville, NC | $765,095 | $804,752 |
Saurashtra Patel Cultural Samaj Morrisville, NC | $2,068,282 | $527,959 |