Chinese Friendship Association Of Portland
- Assets
- $508.0k
- Revenue
- $561.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Tigard, OR
- Founding
- 07/2009
- Data as of
- 12/2022
- EIN
- 93-1122656
Organization Overview
Chinese Friendship Association Of Portland is located in Tigard, OR. The organization was established in 2009. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, 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. Chinese Friendship Association Of Portland 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 12/2022, Chinese Friendship Association Of Portland generated $561.9k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $544.8k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
(1) TO FOSTER GREATER CULTURAL UNDERSTANDINGBETWEEN OREGONIANS AND IMMIGRANTS; (2) TO PROVIDE EDUCATIONAL OPPORTUNITIES TO THEPUBLIC TO LEARN ABOUT THE IMMIGRANT STORY AND OTHER NON-AMERICAN THEIR TRADITIONSAND CUSTOMS; (3) TO BUILD A BRIDGE OF CULTURAL AWARENESS AND UNDERSTANDING, ETHNICTOLERANCE, AND STRIVE FOR A MORE HARMONIOUS EXISTENCE WHERE HATE AND DISTRUST ARE ADISTANT MEMORY; (4) AND TO ASSIST RECENT CHINESE IMMIGRANTS AND THE ASIANCOMMUNITY IN OREGON AND VANCOUVER, WASHINGTON WHO ARE IN NEED OF FINANCIALAND SOCIAL SERVICE AND TO BECOME PRODUCTIVE AND GOOD MEMBERS OF THEIRCOMMUNITIES; (5) TO HELP THE CHINESE COMMUNITY IN NEED OF FINANCIAL AND SOCIALSERVICE SUPPORT; AND (6) TO ESTABLISH ENHANCE OURSELVES AS A COMMUNITY BASEDORGANIZATION WORKING TO INCREASE CIVIC ENGAGEMENT, HEALTH EQUITY AND COMMUNITYPARTICIPATION WITHIN GREATER PORTLAND AND VANCOUVER WASHINGTON'S THE ASIANCOMMUNITIES; AND (7) TO PROVIDE CIVIC LEADERSHIP TRAINING FOR YOUTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
1. CONDUCTED COMMUNITY ENGAGEMENT, EDUCATION AND OUTREACH EVENTS AND SEMINARS ON COVID-19 RELATED FACTS AND UPDATES. PROVIDED WRAPAROUND SUPPORT TO COMMUNITY MEMBERS DURING THEIR ISOLATION AND QUARANTINE PERIOD. PROVIDED FINANCIAL SUPPORT TO THE IMPACTED BUSINESS AND INDIVIDUALS. 2. PROVIDED VACCINE OUTREACH AND EDUCATION SEMINARS AND CLINICS.3. HOSTED CULTURAL EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bosha Liu Acting President | OfficerTrustee | 0 | $0 |
Jesee Gan Secretary | OfficerTrustee | 0 | $0 |
Pulin Wang Treasurer | OfficerTrustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $910 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $419,699 |
| All other contributions, gifts, grants, and similar amounts not included above | $121,604 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $542,213 |
| Total Program Service Revenue | $19,643 |
| Investment income | $10 |
| 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 | $561,866 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $13,481 |
| 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 | $0 |
| 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 | $422 |
| Advertising and promotion | $7,782 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,780 |
| 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 | $18,819 |
| Insurance | $856 |
| All other expenses | $70,303 |
| Total functional expenses | $544,801 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $322,324 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $86,088 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $99,593 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $508,005 |
| Accounts payable and accrued expenses | $95,034 |
| Grants payable | $0 |
| Deferred revenue | $301,548 |
| 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 | $0 |
| Total liabilities | $396,582 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $94,360 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $17,063 |
| Total liabilities and net assets/fund balances | $508,005 |