Asian American For Better Community is located in Cupertino, CA. The organization was established in 2019. According to its NTEE Classification (R30) the organization is classified as: Intergroup & Race Relations, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Asian American For Better Community 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, Asian American For Better Community generated $45.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (22.7%) each year. All expenses for the organization totaled $12.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (57.5%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
EVENTS FOR THANK YOU LUNCH BOX
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Chao Chuan Chen President | 0 | $0 | |
Huelling Su CFO & Secretary | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $45,606 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $45,606 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $7,752 |
Total expenses | $12,107 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $71,886 |
Other assets | $0 |
Total assets | $71,886 |
Total liabilities | $0 |
Net assets or fund balances | $71,886 |
Over the last fiscal year, we have identified 1 grants that Asian American For Better Community has recieved totaling $5,000.
Awarding Organization | Amount |
---|---|
Forestsong Foundation Sunnyvale, CA PURPOSE: TO COOPERATE WITH THE SANTA CLARA COUNTY TO PROMOTE COMMUNITY SERVICES. | $5,000 |
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Korean American Coalition Los Angeles, CA | $612,508 | $480,469 |