Asian Business Institute And Resource Center

Organization Overview

Asian Business Institute And Resource Center is located in Fresno, CA. The organization was established in 2009. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Asian Business Institute And Resource Center employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Asian Business Institute And Resource Center 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, Asian Business Institute And Resource Center generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 71.4% each year . All expenses for the organization totaled $1.5m during the year ending 06/2022. While expenses have increased by 66.7% per year over the past 4 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO BUILD A STRONG NETWORK OF ASIAN AMERICAN BUSINESS OWNERS TO PROMOTE AND ADVOCATE FOR THE SUSTAINED SUCCESS OF ASIAN BUSINESSES IN THE CENTRAL CALIFORNIA REGION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OUTREACH PROGRAMS INCLUDING A MONTHLY BROADCAST, GROUNDWATER SUSTAINABLE AND OUTREACH PROGRAMS, AND BUSINESS TECHNICAL ASSISTANCE PROGRAMS FOR SOUTHEAST AND SMALL BUSINESSES IN THE CENTRAL VALLEY. SOCIAL PROGRAMS TO CONNECT FARMING AND FOOD ASSISTANCE.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,191,563
All other contributions, gifts, grants, and similar amounts not included above$435,246
Noncash contributions included in lines 1a–1f $2,500
Total Revenue from Contributions, Gifts, Grants & Similar$1,626,809
Total Program Service Revenue$102,229
Investment income $30
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 $1,748,300

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Asian Business Institute And Resource Center has recieved totaling $204,250.

Awarding OrganizationAmount
Tomkat Ranch Educational Foundation

Pescadero, CA

PURPOSE: GENERAL SUPPORT

$134,000
Sierra Health Foundation Center For Health Program Management

Sacramento, CA

PURPOSE: ADVOCATING FOR MICRO FARMERS IN THE VALLEY

$50,000
Mufg Union Bank Foundation Ag

Phoenix, AZ

PURPOSE: CHARITABLE

$20,000
Lpl Financial Foundation Inc

Boston, MA

PURPOSE: OPERATIONAL SUPPORT

$250
View Grant Recipient Profile

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