Quincy Asian Resources Inc is located in Quincy, MA. The organization was established in 2002. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 06/2022, Quincy Asian Resources Inc employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Quincy Asian Resources 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 06/2022, Quincy Asian Resources Inc generated $4.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 26.3% each year . All expenses for the organization totaled $4.4m during the year ending 06/2022. While expenses have increased by 25.6% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER & IMPROVE THE SOCIAL, CULTURAL, ECONOMIC & CIVIC LIVES OF IMMIGRANTS & THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORKFORCE DEVELOPMENT: QARI SERVES THE IMMIGRANT POPULATION (PRIMARILY ASIANS AND THOSE WITH LOW-INCOME) RESIDING IN QUINCY AND THE SURROUNDING SOUTH SHORE. WHEN THE ASIAN POPULATION IN QUINCY BECAME THE LARGEST PER CAPITA IN THE STATE OF MASSACHUSETTS, FOLLOWED BY BOSTON AND MALDEN, THE NEEDS OF OUR SERVICES AND THE ORGANIZATIONAL STRATEGIES TO SUPPORT THE RAPIDLY GROWING POPULATION HAVE ALSO EVOLVED.
IMMIGRANT YOUTH LEADERSHIP AND DEVELOPMENT:YOUTH DEVELOPMENT MISSION QARI YOUTH PROGRAMS ENABLE POSITIVE YOUTH DEVELOPMENT OF MIDDLE AND HIGH SCHOOL STUDENTS THROUGH EMPOWERMENT WITHIN A PEER LEADERSHIP MODEL. YOUNG PEOPLE BUILD SOCIO-EMOTIONAL AND 21ST-CENTURY SKILLS TO BECOME ACTIVE AGENTS OF SOCIAL CHANGE IN THEIR COMMUNITIES AND BEYOND.YOUTH SERVICECORPS THE QARI YOUTH SERVICECORPS IS A COMMUNITY ENGAGEMENT AND LEADERSHIP PROGRAM FOR HIGH SCHOOL AGED YOUTH IN THE QUINCY AND SOUTH SHORE COMMUNITIES. THE YOUTH SERVICECORPS ALSO PROVIDES WORKFORCE READINESS, PROFESSIONAL DEVELOPMENT, SOCIO-EMOTIONAL SKILL BUILDING THROUGH VARIOUS WORKSHOPS, EVENTS, AND ACTIVITIES. YOUTH LEADERSHIP IS DEVELOPED THROUGH AN 8 - 12-PERSON YOUTH BOARD WHO ENGAGE WITH A NETWORK OF 300+ STUDENT VOLUNTEERS THROUGHOUT THE YEAR.U&I MENTORING THE GOAL OF THE PROGRAM IS TO FOSTER EMPOWERING YOUTH RELATIONSHIPS BETWEEN RECENT IMMIGRANT MIDDLE SCHOOL MENTEES AND THEIR HIGH SCHOOL MENTORS. BY SUPPORTING THE MENTEES' ACADEMIC PROGRESS, THEIR TRANSITION INTO HIGH SCHOOL, AND THEIR ADJUSTMENT TO LIFE IN THE UNITED STATES, OUR HIGH SCHOOL VOLUNTEERS ARE EXPOSED TO RESPONSIBLE, ADULT ROLES OF SERVICE TO A YOUNGER AND CULTURALLY DIVERSE GENERATION. ENTRUSTED WITH THE UNIQUE RESPONSIBILITIES FOUND IN THEIR ROLE AS MENTORS, OUR HIGH SCHOOL VOLUNTEERS NOT ONLY LEARN COMMUNICATION, INTERPERSONAL, AND LEADERSHIP SKILLS, THEY GAIN MARKETABLE CAPITAL THAT WILL BE INVALUABLE TO THEIR FUTURE. QARI WORKS CLOSELY WITH THE LOCAL PUBLIC SCHOOL SYSTEMS, HEALTHCARE PROVIDERS, AND OTHER COMMUNITY ORGANIZATIONS TO OFFER NEW STUDENT ORIENTATIONS, CHINESE-LANGUAGE PARENT ORIENTATIONS, AND PARENTING CLASSES TARGETING THE RECENT IMMIGRANT POPULATION IN MIDDLE AND HIGH SCHOOLS. THESE PROGRAMS AND ACTIVITIES ALSO INTRODUCE NEWCOMERS TO PROGRAMS QARI HAS TO OFFER.TRANSITIONUP QARI'S TRANSITIONUP SUPPORTS ELL HIGH SCHOOLERS WHO OFTEN STRUGGLE WITH THE TRANSITION TO THEIR NEW HOMES. THIS PROGRAM PROVIDES THESE YOUTH WITH DEVELOPMENT IN WORKFORCE READINESS AS WELL AS THEIR ACADEMIC SKILLS. THE GOAL OF THE PROGRAM IS TO OFFER YOUTH OPPORTUNITIES TO FOSTER THEIR CULTURE AND BUILD WORKFORCE READINESS SKILLS IN A POSITIVE ENVIRONMENT. BY SUPPORTING THESE YOUTH'S ATTITUDE TOWARD SCHOOL AND MOVE INTO THE U.S., PROGRAM PARTICIPANTS GAIN COMMUNICATION, INTERPERSONAL AND 21ST CENTURY SKILLS (WHICH INCLUDE OUTCOMES RELATED TO TECHNOLOGY AND MEDIA, FINANCIAL LITERACY, AND LIFE AND CAREER SKILLS) TO SUPPORT THEIR TRANSITION TO POSTSECONDARY EDUCATION, RECOGNIZED CREENTIAL, OR CERTIFICATE PROGRAM.
FAMILY & COMMUNITY SERVICES: QARI'S FAMILY & COMMUNITY SERVICES TEAM PROVIDES INFORMATION AND REFERRAL ("I&R") SERVICES TO CLIENTS IN ENGLISH, CANTONESE, MANDARIN, TAISHANESE, FUJIANESE, VIETNAMESE, PORTUGUESE, AND SPANISH TO ASSIST THEM WITH VARIOUS SERVICES ON TOPICS RANGING FROM HOUSING, ELDER SERVICES, HEALTHCARE AND PUBLIC HOUSING TO CHILD CARE, PATHWAYS TO HIGHER EDUCATION, AND CITIZENSHIP ASSISTANCE. CLIENTS RECEIVE ASSISTANCE LOCATING AND COMPLETING FORMS, TRANSLATING DOCUMENTS, AND FINDING RESOURCES.
ADULT EDUCATION PROGRAM: YEAR-ROUND, OUR ADULT EDUCATION PROGRAM OFFERS COURSES TO STUDENTS IN THE MORNING AND EVENING TEACHING ENGLISH FOR SPEAKERS OF OTHER LANGUAGES ("ESOL"). IN THE ADULT EDUCATION PROGRAMS, IMMIGRANT STUDENTS IMPROVED THEIR ENGLISH AND OTHER SKILLS NEEDED TO THRIVE IN THE U.S. IN ADDITION TO ENGLISH SPEAKING SKILLS, STUDENTS HAVE PREPARED FOR THE WORKFORCE WITH TASKS LIKE JOB APPLICATIONS AND MOCK INTERVIEWS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Philip Chong President And CEO | Officer | 37.5 | $183,326 |
Kevin Barry CFO (as Of 2/2022) | Officer | 37.5 | $0 |
Paul Shaw President/chair | OfficerTrustee | 5 | $0 |
Dr Wan Wu Vice Chair | OfficerTrustee | 5 | $0 |
Jean Yang Treasurer | OfficerTrustee | 5 | $0 |
Dave Anderson Secretary | OfficerTrustee | 5 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Mr Bun Soup Dumplings Nyc Getfood Meal Preparation | 6/29/22 | $1,713,542 |
Dream Tour Nyc Getfood Meal Preparation | 6/29/22 | $928,306 |
New Double Happiness Restaurant Nyc Getfood Meal Preparation | 6/29/22 | $924,241 |
Ok Ruby Inc Nyc Getfood Meal Preparation | 6/29/22 | $341,577 |
Simply Life Bakery Inc Nyc Getfood Meal Preparation | 6/29/22 | $308,761 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $516,933 |
All other contributions, gifts, grants, and similar amounts not included above | $1,366,449 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,883,382 |
Total Program Service Revenue | $2,688,405 |
Investment income | $521 |
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 | $4,579,576 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $7,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $187,068 |
Compensation of current officers, directors, key employees. | $112,240 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $739,793 |
Pension plan accruals and contributions | $11,741 |
Other employee benefits | $22,145 |
Payroll taxes | $83,426 |
Fees for services: Management | $0 |
Fees for services: Legal | $41,688 |
Fees for services: Accounting | $52,052 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $55,700 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $2,489,797 |
Advertising and promotion | $24,937 |
Office expenses | $49,685 |
Information technology | $15,872 |
Royalties | $0 |
Occupancy | $90,457 |
Travel | $55,052 |
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 | $30,667 |
Insurance | $14,176 |
All other expenses | $52,466 |
Total functional expenses | $4,372,065 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $490,731 |
Savings and temporary cash investments | $783,146 |
Pledges and grants receivable | $688,030 |
Accounts receivable, net | $121,566 |
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 | $22,952 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $61,334 |
Other assets | $294,618 |
Total assets | $2,462,377 |
Accounts payable and accrued expenses | $295,698 |
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 | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $30,455 |
Total liabilities | $326,153 |
Net assets without donor restrictions | $1,589,477 |
Net assets with donor restrictions | $546,747 |
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 | $2,462,377 |