Chinese Association Of West Covina - Caawc is located in West Covina, CA. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chinese Association Of West Covina - Caawc 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 12/2023, Chinese Association Of West Covina - Caawc generated $68.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $52.1k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
SUPPORTS TO LOCAL SCHOOLS AND CHARITIES, CELEBRATION OF MAJOR CHINESE FESTIVALES TO PROMOTE CHINESE CULTURE, AND PROMOTE LOCAL BUSINESSES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sophia Li Wen CEO | 0 | $0 | |
Daniel Cao Secretary | 0 | $0 | |
Helen S Wu CFO | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $68,814 |
| 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 | $68,814 |
| 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 | $660 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $47 |
| Other expenses | $51,414 |
| Total expenses | $52,121 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $60,325 |
| Other assets | $0 |
| Total assets | $60,325 |
| Total liabilities | $0 |
| Net assets or fund balances | $60,325 |