Asian Community Center Inc is located in Brooklyn, NY. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Asian Community Center 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 12/2023, Asian Community Center Inc generated $18.0k 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 (5.1%) each year.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH CHESS CLUBWE PROVIDED FREE CLASS EVERY FRIDAY TO KIDS TO PROVIDE THEM WITH A SPACE TO LEARN AND INTERACT WITH THEIR PEERS
BUSINESS INCUBATION PROGRAMWE OFFERED FREE CONSULTING ASSISTANCE AND OPPORTUNITIES TO SMALL BUSINESS OWNERS AND HELP THEM TO START THEIR OWN BUSINESS
WE HOSTED WORKSHOPS AND SEMINARS FOR PARENTS TO PARTICIPATE INPARENTS CAN LEARN FROM THEIR PEERS AND DEVELOP A MORE HARMONIOUS RELATIONSHIP IN THEIR FAMILIES
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $18,000 |
Interest on Savings | $0 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $18,000 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $13,802 |
Total operating and administrative expenses | $13,802 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $13,802 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $24,197 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $24,197 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |