Asian-American Accounting Research And Development Foundation
- Assets
- $43.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rowland Heights, CA
- Founding
- 08/2000
- Data as of
- 12/2021
- EIN
- 33-0915159
Organization Overview
Asian-American Accounting Research And Development Foundation is located in Rowland Heights, CA. The organization was established in 2000. 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. Asian-American Accounting Research And Development Foundation 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 12/2021, Asian-American Accounting Research And Development Foundation generated $8.2k in total revenue. All expenses for the organization totaled $13.7k during the year ending 12/2021. While expenses have increased by 28.5% per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
THE ORGAINZATION PROVIDES ACCOUNTING, FINANCE AND ECONOMIC SCHOLARSHIP FOR ASIAN-AMERICAN STUDENTS' GPA RANK IN TOP TENTH OF CLASS (MINIMUM GPA =3.00). SELECTION IS BASEDD UPON ACHIEVEMENT AND INTEREST IN ACCOUNTING, FINANCAL AND ECONOMIC. IT HELPS EXCHANGE STUDENT AND INTERN IN BETTER UNDERSTANDING OF WESTERN CULTURES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Teresa Wu Secretary | 5 | $0 | |
Kevin Yeh CEO | 5 | $0 | |
Edward Lee Chairman | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,219 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $8,219 |
| 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 | $0 |
| Total expenses | $13,700 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $43,520 |
| Other assets | $0 |
| Total assets | $43,520 |
| Total liabilities | $0 |
| Net assets or fund balances | $43,520 |
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