Asian Focus Corporation
- Assets
- $398.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Morrisville, NC
- Founding
- 03/2010
- Data as of
- 12/2022
- 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 12/2022, Asian Focus Corporation generated $86.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $4.4k during the year ending 12/2022. While expenses have increased by 6.4% per year over the past 6 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
2022
Describe the Organization's Program Activity:
Part 3
2023 DRAGON BOAT RACE FESTIVAL, INCLUDING BOAT RACING,PERFORMANCE, FOOD, CULTURAL EXHIBITS AND MERCHANDISE.CELEBRATE ASIAN CULTURE, DIVERSITY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yun-Leih Chuu President | 60 | $0 | |
Benjamin Uysmith Secretary | 3 | $0 | |
Christin Lai Treasurer | 40 | $0 | |
Chien-Yi Hou Vp, Marketing Director | 30 | $0 | |
Tho Nguyen Director Corporate & Community Relations | 5 | $0 | |
Lekenna Hicks Director Of Edu & Culture | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,361 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,368 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $34,591 |
| Other Revenue | $0 |
| Total Revenue | $86,320 |
| 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 | $0 |
| Other expenses | $4,374 |
| Total expenses | $4,374 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $349,203 |
| Other assets | $0 |
| Total assets | $398,755 |
| Total liabilities | $24,825 |
| Net assets or fund balances | $373,930 |