Guangdong Association Of America Corp
- Assets
- $46.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- Data as of
- 12/2023
- EIN
- 81-3801668
Organization Overview
Guangdong Association Of America Corp is located in Brooklyn, NY. According to its NTEE Classification (A01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Guangdong Association Of America Corp 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, Guangdong Association Of America Corp generated $23.7k 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 (31.6%) each year. All expenses for the organization totaled $14.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zhi Bin Liu President | 10 | $0 | |
Xiong Jun Fang Treasurer | 1 | $0 | |
Alex Wu Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,960 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$35,274 |
| Other Revenue | $0 |
| Total Revenue | $23,686 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $4,201 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $1,213 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,726 |
| Total expenses | $14,411 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $35,474 |
| Other assets | $0 |
| Total assets | $46,690 |
| Total liabilities | $800 |
| Net assets or fund balances | $45,890 |