A S E Global Bridges Inc
- Assets
- $3.3m
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 63
- Location
- Los Angeles, CA
- Founding
- 06/1997
- Data as of
- 12/2021
- EIN
- 13-3946716
Organization Overview
A S E Global Bridges Inc is located in Los Angeles, CA. The organization was established in 1997. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, A S E Global Bridges Inc employed 63 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. A S E Global Bridges 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, A S E Global Bridges Inc generated $3.1m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $2.5m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 7 years. 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
TO ENCOURAGE INTEREST IN AND UNDERSTANDING OF RUSSIAN AMERICAN HERITAGE AMONG COMMUNITIES IN THE U.S., AS WELL AS TO PROMOTE RECIPROCAL INTEREST IN AMERICAN HERITAGE AMONG GLOBAL COMMUNITIES OF THE FORMER SOVIET UNION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRODUCE CULTURAL EVENTS INCLUDING BOLSHOI BALLET ACADEMY AND SUMMER YOUTH PROGRAMS. ENGAGE IN PROMOTING ECONOMIC AND SOCIAL DEVELOPMENT, PROGRESS AND WELLBEING WITHIN THE RUSSIAN SPEAKING COMMUNITY IN THE NEW YORK AREA AND THE GREATER UNITED STATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rina Kirshner Treasurer/vice President | OfficerTrustee | 40 | $210,000 |
Marina Kovalyov President | OfficerTrustee | 40 | $175,000 |
Kevin Hanratty Secretary | OfficerTrustee | 1 | $0 |
Kathryn Soman Chair | OfficerTrustee | 1 | $0 |
Mark Handelman Director | Trustee | 1 | $0 |
Natasha Azava Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $905,912 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,879 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $919,791 |
| Total Program Service Revenue | $2,190,944 |
| Investment income | $20,444 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$3,097 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,129,202 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $16,606 |
| 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 | $385,000 |
| Other salaries and wages | $549,035 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $70,342 |
| Payroll taxes | $73,246 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,014 |
| Fees for services: Accounting | $63,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,332 |
| Advertising and promotion | $11,326 |
| Office expenses | $8,398 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $64,556 |
| Travel | $50,490 |
| 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 | $5,852 |
| Insurance | $4,317 |
| All other expenses | $44,125 |
| Total functional expenses | $2,528,176 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $127,627 |
| Savings and temporary cash investments | $2,355,114 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $530 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,860 |
| Prepaid expenses and deferred charges | $51,640 |
| Net Land, buildings, and equipment | $8,617 |
| Investments—publicly traded securities | $687,048 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $39,868 |
| Total assets | $3,278,304 |
| Accounts payable and accrued expenses | $15,931 |
| Grants payable | $0 |
| Deferred revenue | $133,407 |
| 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 | $42,039 |
| Total liabilities | $191,377 |
| Net assets without donor restrictions | $3,074,427 |
| Net assets with donor restrictions | $12,500 |
| 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 | $3,278,304 |
Grants Awarded
Over the last fiscal year, A S E Global Bridges Inc has awarded $12,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
LAGUARDIA DANCE DEPARTMENT PURPOSE: BASED ON CONTRACT WITH ORGANIZATION AND INFORMATION PROVIDED BY RECIPIENTREGARDING THE USAGE OF THE GRANTS. | $7,000 |
FIORELLO H LAGUARDIA HIGH SCHOOL PURPOSE: BASED ON CONTRACT WITH ORGANIZATION AND INFORMATION PROVIDED BY RECIPIENTREGARDING THE USAGE OF THE GRANTS. | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that A S E Global Bridges Inc has recieved totaling $104.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $104 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cultura Y Arte Nativa De Las Americas San Francisco, CA | $2,055,522 | $13,827,231 |
American Indian Health & Services Corporation Santa Barbara, CA | $10,365,655 | $13,137,792 |
River Of Life Foundation Santa Clara, CA | $1,212,027 | $11,599,827 |
Destination Crenshaw Los Angeles, CA | $35,511,106 | $11,299,025 |
The Epoch Times Media Group Los Angeles El Monte, CA | $739,683 | $7,015,472 |
Priddy Family Foundation Las Vegas, NV | $28,899,625 | $10,430,994 |
Kanu O Ka Aina Learning Ohana Kamuela, HI | $16,258,612 | $5,026,413 |
Napa Valley Festival Association Walnut Creek, CA | $13,659,159 | $11,728,133 |
Apano Communities United Fund Portland, OR | $4,683,636 | $5,442,613 |
Puente De La Costa Sur Pescadero, CA | $6,663,176 | $5,921,974 |
San Francisco Japanese School San Francisco, CA | $7,835,658 | $4,070,640 |
Native Arts And Cultures Foundation Inc Portland, OR | $23,796,396 | $14,906,833 |