Austin Chinese-American Network
- Assets
- $110.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Austin, TX
- Founding
- 07/2017
- Data as of
- 12/2021
- EIN
- 82-0847511
Organization Overview
Austin Chinese-American Network, operating under the name Acan, is located in Austin, TX. The organization was established in 2017. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Acan 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, Acan generated $58.6k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $69.4k during the year ending 12/2021. 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 Mission:
Part 3 - Line 1
SERVE THE COMMUNITY, FOSTER THE HERITAGE
Describe the Organization's Program Activity:
Part 3
PROVIDE COVID-19 RELIEFS TO COMMUNITY, INCLUDING MEALS FOR THE NEEDED, PPE FOR FRONTLINE WORKERS, AND DONATION TO CENTRAL TEXAS FOOD BANK.
AUSTIN CHINESE CULTURE FESTIVAL: ANNUAL EVENT FOR THE COMMUNITY TO CELEBRATE CHINESE NEW YEAR AND SHARE CULTURAL HERITAGE.
YOUTH PROGRAM: INCLUDING YOUTH TALK, YOUTH GALA, PROJECT QUARANTINE, SERVING UNDERPRIVILEGED GROUPS, ETC.
EDUCATION PROGRAM,COMMUNITY SERVICES AND GALA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hugh Li President | 10 | $0 | |
Bin Zhong Vice President | 10 | $0 | |
Wei Liu Vice President | 10 | $0 | |
Debbie Wang Vice President | 5 | $0 | |
Michelle Bao Vice President | 10 | $0 | |
Yuan Chen Board Of Directors | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,549 |
| Total Program Service Revenue | $43,716 |
| Membership dues | $3,375 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $58,640 |
| 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 | $69,359 |
| Total expenses | $69,359 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $110,553 |
| Other assets | $0 |
| Total assets | $110,553 |
| Total liabilities | $0 |
| Net assets or fund balances | $110,553 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Austin Chinese-American Network has recieved totaling $27,018.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $16,365 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $10,585 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $68 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Portico Education Foundation Carrollton, TX | $2,396,287 | $5,783,858 |
Youth Force Nola New Orleans, LA | $5,195,075 | $5,408,027 |
Texas Association Of School Administrators Austin, TX | $4,673,285 | $5,966,291 |
Texas Restaurant Association Austin, TX | $11,924,378 | $5,929,472 |
Texas Charter Schools Association Austin, TX | $5,399,898 | $5,059,843 |
Walton Education Coalition Inc Bentonville, AR | $905,003 | $3,450,000 |
Louisiana Restaurant Association Inc Metairie, LA | $9,314,228 | $3,239,510 |
Fort Worth Education Partnership Inc Fort Worth, TX | $6,170,741 | $4,613,145 |
Uni-Bell Pvc Pipe Association Irving, TX | $1,260,616 | $2,106,268 |
Americans For Fair Treatment Inc Oklahoma City, OK | $1,029,037 | $2,472,942 |
Kundalini Research Institute Santa Cruz, NM | $2,413,444 | $1,657,975 |
Wps2 Fund Bentonville, AR | $58,394,483 | $1,485,640 |