Society Of Asian Scientists And Engineers
- Assets
- $2.2m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 10
- Location
- Denver, CO
- Founding
- 05/2011
- Data as of
- 12/2022
- EIN
- 26-1509658
Organization Overview
Society Of Asian Scientists And Engineers is located in Denver, CO. The organization was established in 2011. According to its NTEE Classification (U03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Science & Technology and related organizations. As of 12/2022, Society Of Asian Scientists And Engineers employed 10 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Society Of Asian Scientists And Engineers 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 12/2022, Society Of Asian Scientists And Engineers generated $2.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.2% each year . All expenses for the organization totaled $1.6m during the year ending 12/2022. While expenses have increased by 8.5% 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
THE SOCIETY OF ASIAN SCIENTISTS AND ENGINEERS (SASE) IS DEDICATED TO THE ADVANCEMENT OF ASIAN HERITAGE SCIENTISTS AND ENGINEERS IN EDUCATION AND EMPLOYMENT. THEIR MISSION IS TO PREPARE ASIAN HERITAGE SCIENTISTS AND ENGINEERS FOR SUCCESS IN THE GLOBAL BUSINESS WORLD; CELEBRATE DIVERSITY ON CAMPUSES AND IN THE WORKPLACE; AND TO PROVIDE OPPORTUNITIES FOR MEMBERS TO MAKE CONTRIBUTIONS TO THEIR LOCAL COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOCIETY OF ASIAN SCIENTISTS AND ENGINEERS (SASE) HOSTS THE LARGEST CONFERENCE FOR ASIAN AMERICANS IN THE UNITED STATES. THERE ARE PROFESSIONAL LEADERSHIP AND DEVELOPMENT WORKSHOPS AND NETWORKING OPPORTUNITIES. THERE ARE BOTH REGIONAL AND NATIONAL CONFERENCES OPEN TO BOTH PROFESSIONAL AND COLLEGIATE SCIENTISTS AND ENGINEERS. SASE ALSO HOLDS A STEM CAREER FAIR FOR ASIAN AMERICANS IN THE UNITED STATES.
SASE PROVIDES SCHOLARSHIPS TO COLLEGIATE STUDENTS PURSUING STEM FIELDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kishore Sundararajan President | OfficerTrustee | 2.5 | $0 |
Thomas Fernandez Secretary | OfficerTrustee | 2.5 | $0 |
Tabrez Malik Treasurer | OfficerTrustee | 2.5 | $0 |
Shweta Kurvey-Mishra Member | Trustee | 1.5 | $0 |
Sonya Vial Member | Trustee | 1.5 | $0 |
Srinivas Reddy Member | Trustee | 1.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Drs Conf. Planning | 6/29/19 | $340,861 |
Renaissance Conf. Planning | 6/29/19 | $302,520 |
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 | $333,169 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $333,169 |
| Total Program Service Revenue | $2,412,930 |
| Investment income | $1,366 |
| 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 | -$3,733 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,743,732 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $185,753 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $116,000 |
| Compensation of current officers, directors, key employees. | $34,800 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $467,212 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $56,451 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,283 |
| Fees for services: Accounting | $3,745 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $125,498 |
| Advertising and promotion | $38,304 |
| Office expenses | $0 |
| Information technology | $111,950 |
| Royalties | $0 |
| Occupancy | $59,999 |
| Travel | $70,783 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $44,286 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,685 |
| All other expenses | $86,411 |
| Total functional expenses | $1,649,152 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,740,838 |
| Savings and temporary cash investments | $442,131 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,182,969 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $2,041,386 |
| Net assets with donor restrictions | $141,583 |
| 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 | $2,182,969 |