America Asia Alliance Inc
- Assets
- $1.2m
- Revenue
- $79.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Flushing, NY
- Founding
- 02/2018
- Data as of
- 12/2021
- EIN
- 82-3388659
Organization Overview
America Asia Alliance Inc is located in Flushing, NY. The organization was established in 2018. According to its NTEE Classification (E19) the organization is classified as: Support N.E.C., under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. America Asia Alliance Inc 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, America Asia Alliance Inc generated $79.9k in total revenue. All expenses for the organization totaled $51.7k during the year ending 12/2021. While expenses have increased by 120.3% per year over the past 4 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
AAA IS COMMITTED TO PROVIDE FREE ART EDUCATION AND MEDICAL RESEARCH SERVICES BOTH ONLINE AND OFFLINE TO ASIAN AMERICAN COMMUNITIES IN THE US AND WORLDWIDE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMITTED TO IMPROVING THE HEALTH STATUS OF THE ASIAN AMERICAN COMMUNITIES WE SERVE THROUGH, AAA COMMUNITY CENTER IN FLUSHING, NYC AREA HAS EXPANDED OUR FREE CANDIDATE MATCHING AND RECORD TRACKING DATABASE OF IVF DONORS, PARENTS AND THEIR BABIES TO COVER NOT ONLY NEW YORK BUT ALSO OTHER 25 STATES NATIONWIDE BY 2021, A RESEARCH PROGRAM FOCUSED ON THE HEALTH AND WELL-BEING OF TEST TUBE BABIES AND THEIR MIXED-RACED PARENTS.
TO INSPIRE AND EMPOWER LIFELONG ART LEARNING, AAA HAS BUILT ITS FIRST PHOTO GALLERY IN 2020, EURO TRAVEL PHOTO GALLERY, IN ADDITION TO OUR DEVELOPED ART COLLECTION OF 4 WORLD-REKNOWNED MASTERS - PABLO PICASSO'S CHAMBER, VINCENT VAN GOGH'S CHAMBER, CLAUDE MONET'S CHAMBER AND SANZIO RAFFAELLO'S CHAMBER, A NEW ORIENTAL GALLERY OF TRADITIONAL JAPANESE AND CHINESE PAINTINGS WAS COMPLETED IN 2021 FOLLOWED BY A NEW 18TH CENTURY EUROPEAN GALLERY OF KNIGHTS AND WAR COMING IN DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
King Dong President | Officer | 30 | $0 |
Aihua Liu Secretary | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $34,055 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,055 |
| Total Program Service Revenue | $45,893 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $79,948 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $50 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $107 |
| Advertising and promotion | $0 |
| Office expenses | $1,653 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $49,744 |
| Travel | $132 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $51,686 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $57,395 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $36,607 |
| Net Land, buildings, and equipment | $1,110,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,204,002 |
| Accounts payable and accrued expenses | $28,000 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $956,418 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $240,480 |
| Other liabilities | $0 |
| Total liabilities | $1,224,898 |
| Net assets without donor restrictions | -$20,896 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,204,002 |
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