American Chinese Christian Educational & Social Services Inc
- Assets
- $1.5m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 19
- Location
- Boston, MA
- Founding
- 10/1991
- Data as of
- 12/2023
- EIN
- 04-3119349
Organization Overview
American Chinese Christian Educational & Social Services Inc is located in Boston, MA. The organization was established in 1991. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. As of 12/2023, American Chinese Christian Educational & Social Services Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Chinese Christian Educational & Social Services 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, American Chinese Christian Educational & Social Services Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 19.4% each year . All expenses for the organization totaled $489.0k during the year ending 12/2023. While expenses have increased by 4.0% per year over the past 5 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
ACCESS IS A SMALL, FAITH-BASED NONPROFIT IN BOSTON'S CHINATOWN. WE EMPOWER LOW-INCOME CHINESE IMMIGRANT FAMILIES WITH A HOLISTIC APPROACH, CARING FOR EACH INDIVIDUAL'S ENTIRE WELL-BEING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AFTER SCHOOL ENRICHMENT PROGRAM (ASEP), SUMMER ENRICHMENT PROGRAM (SEP), & QUINCY ENRICHMENT PROGRAM (QEP): THESE PROGRAMS PROVIDED ACTIVITIES THAT WILL ENHANCE CHILDREN'S TALENT & BRIDGE CULTURAL GAPS. THESE PROGRAMS USUALLY PROVIDED STUDENTS AFTER SCHOOL CARE, FIELD TRIPS, ENRICHMENT PROGRAMS, AND SIMPLE MEALS.
COMMUNITY EDUCATION PROGRAM: THE COMPANY PROVIDED YOGA & ART CLASSES TO THE COMMUNITY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Simon Nip President | OfficerTrustee | 3 | $0 |
Victor Lo Clerk | OfficerTrustee | 1 | $0 |
Wilfred Chan Treasurer | OfficerTrustee | 5 | $0 |
Joe Cheung Director | Trustee | 1 | $0 |
Jamson Lam Director | Trustee | 1 | $0 |
Carol Liao Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $419,332 |
| All other contributions, gifts, grants, and similar amounts not included above | $612,490 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,031,822 |
| Total Program Service Revenue | $43,048 |
| Investment income | $24,259 |
| 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 | $1,099,129 |
| 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. | $100,281 |
| Compensation of current officers, directors, key employees. | $43,657 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $214,049 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $20,472 |
| Payroll taxes | $25,143 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,225 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,400 |
| Office expenses | $8,131 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $67,374 |
| Travel | $2,415 |
| 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 | $10,574 |
| All other expenses | $0 |
| Total functional expenses | $488,969 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $628,468 |
| Savings and temporary cash investments | $669,056 |
| Pledges and grants receivable | $28,307 |
| Accounts receivable, net | $2,152 |
| 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 | $15,097 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $126,479 |
| Total assets | $1,469,559 |
| Accounts payable and accrued expenses | $20,137 |
| Grants payable | $0 |
| Deferred revenue | $200 |
| 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 | $120,701 |
| Total liabilities | $141,038 |
| Net assets without donor restrictions | $966,268 |
| Net assets with donor restrictions | $362,253 |
| 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 | $1,469,559 |