2024-10-21T15:44:27-07:00 2023-12-31 990EZ 2023-01-01 841217244 CHINESE ASSOCIATION FOR SCIENCE AND TECHNOLOGY MID-WEST USA INC CHIN 3036838883 9160 Lark Sparrow Trl Highlands Ranch CO 80126 Wendal Wang President 3036838883 2024-10-20 1 2023 2024-10-15 13:58:12Z X X X www.usacast.org X X 173537 X 34550 51350 2600 32782 0 0 0 0 15680 7950 7730 36575 26390 10185 0 139197 0 12600 18250 15870 26150 6580 51200 130650 8547 363088 0 371635 X 267496 279450 0 0 227000 216810 494496 496260 131408 124625 363088 371635 We dedicate ourselves to the promotion and enhancement of mutual understanding and the development of cultural, educational, social, and economic ties between the people of the US and China. CAST (MW, USA) supports the expansion of global awareness and helps to eliminates cultural and language barriers between two of the most unique nations. CAST (MW, USA) also dedicates itself to better the social and economic standings of the local Chinese American communities. We engage in multicultural activities to help enrich the lives of our local communities. We invest in various supporting services for the small Chinese American business communities around the US. Held over 50 small personal seminars helping newly immigrated Chinese Americans to acclimate to life in the US; re-started the quarterly conference in the last quarter, serving over 200 guests; started using ZOOM calls to help people still under the effect of the pandemic; facilitated the relocation of half a dozen small private Chinese businesses to Southern California and Denver metro area; re-elected our Chairwoman; re-confirmed our commitment to help China in anyway we can to become a freer nation 0 X 8867 8867 Wendal Wang President / CEO 40 50000 10000 10000 Wei Zhou Secretary General 10 0 0 0 Yingbei Zhang Chairwoman 20 25000 0 0 Shawn Yu CFO 15 2000 0 0 Yale Lam Chief of Advisory Board 10 10000 0 0 Jia Chen Vice President Fund Raising 10 0 0 0 Dorothy Roberts VP Public Relations 5.00 500 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 CO Wendal Wang 9160 Lark Sparrow Trl Highlands Ranch CO 80126 3036838883 0 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X 12255 6660 22961 37658 66850 146384 15200 11200 21250 49079 44349 141078 27455 17860 44211 86737 111199 287462 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 287462 2050 12150 42351 21068 77619 0 0 0 0 0 2050 12150 42351 21068 0 77619 0 0 0 0 0 29505 30010 86562 107805 111199 365081 0.78739 0.70473 0.21261 0.29527 X Form 990-EZ, Part I, Line 16 Description;Amount^Travel;16950|Seminars and Conferences;14475|Client Meetings;9650|Fines;695|Legal Consulting;4560|Insurance;4870^Total;51200^ Form 990-EZ, Part II, Line 24 Description;EOY Amount^Surburban;3360|GLE63;82750|SL550;53750|TRX;76950^Total;216810^ Form 990-EZ, Part II, Line 26 Description;EOY Amount^Auto Loans;94625|Equipment Loan;5000|Line of Credit;25000^Total;124625^ CAST encountered severe setbacks during the last three years. First came the pandemic in 2020. Everything shut down for the next 2 and half years. Our services depend hugely on traveling and hundreds of volunteers. It meant we had to shut down almost all of our services except some online presence. Next in 2021, we lost our founder, long time contributor, and key leadership: Dr. Xuewei WANG to cancer. It came suddenly and dealt a major blow to our organization. It meant that we had to go through a major reshuffling of our management and board, not to mention funding. Then in 2022, we had a system crash. 2 of our main computers were infected by viruses and lost almost all of our data. Our CPA firm at the time resigned a month later. This led to us having huge difficulty of recovering our books and rebuilt our bookkeeping system from scratch all by manual paperwork. So, in 2023, we filed our tax (for the calendar year of 2022) with an extension for the first time in our existence. Last year, we signed on to use online services to do our book-keeping. It took a long time to adjust. At the end, we never did and had to redo the books by manual labor due to many software incompatibilities. This year in April we hired a new CPA firm to rebuild our system. We filed an extension in April for the tax return due to all of the reshuffling in the accounting and bookkeeping system. Only recently it was brought to my attention that our extension had expired, and the CPA firm had not filed for the return. Upon further and closer inspection of the contract it revealed that contract does not include the filing of the 2023 tax return. So, we had a miscommunication. Simply put, we messed up. Due to series of events and setbacks we encountered the last 3 years, everything compounded, and we arrived at this grave error. Currently, we have put in double check system to ensure that this will not happen again. Specifically, we now have three-prompt system (Online computer, Manual, and CPA) separately checking quarterly to make sure the books and accountings are up to date. This will not happen again.