Isaac Innovative Space For Asian American Christianity is located in Los Angeles, CA. The organization was established in 2007. According to its NTEE Classification (X05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Isaac Innovative Space For Asian American Christianity 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, Isaac Innovative Space For Asian American Christianity generated $589.0k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 35.0% each year . All expenses for the organization totaled $497.1k during the year ending 12/2023. While expenses have increased by 34.7% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE RAISE UP THE NEXT GENERATION OF SPIRITUAL LEADERS BY PROVIDING INTERSECTIONAL LEARNING SPACES
Describe the Organization's Program Activity:
Part 3 - Line 4a
INTERSECTIONAL LEARNING SPACE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Young Lee Hertig Executive Dir. | OfficerTrustee | 50 | $0 |
Florence Li Chairman | OfficerTrustee | 8 | $0 |
Breana Van Velzen Secretary | OfficerTrustee | 5 | $0 |
Maggie Harmon Treasurer | OfficerTrustee | 6 | $0 |
Angelica Michail Director | Trustee | 6 | $0 |
Wing Ng Pang Director | Trustee | 4 | $0 |
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 | $561,914 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $561,914 |
Total Program Service Revenue | $24,787 |
Investment income | $2,270 |
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 | $588,971 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $183,466 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $207,907 |
Advertising and promotion | $1,276 |
Office expenses | $63,934 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $1,147 |
Total functional expenses | $497,131 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $101,966 |
Savings and temporary cash investments | $123,038 |
Pledges and grants receivable | $200 |
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 | $10 |
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 | $4 |
Total assets | $225,218 |
Accounts payable and accrued expenses | $3,042 |
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 | $9,074 |
Total liabilities | $12,116 |
Net assets without donor restrictions | $56,490 |
Net assets with donor restrictions | $156,612 |
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 | $225,218 |
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Institute For Advanced Catholic Studies Los Angeles, CA | $8,820,058 | $848,861 |
Isaac Innovative Space For Asian American Christianity Los Angeles, CA | $225,218 | $588,971 |
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Nalanda Institute Of Consciousness Studies And Research Concord, CA | $0 | $0 |