2025-11-17T14:18:28-05:00 2024-12-31 814162433 Tristan CPA 24 School St 2FL Boston MA 02108 990 2024-01-01 474004081 ASIAN ENTREPRENEURSHIP FOUNDATION INC % DAVID LOUIE ASIA 5089675835 PO BOX 51471 BOSTON MA 02205 DAVID LOUIE DIRECTOR AND TREASURER 9178813522 2025-11-15 true true TRISTAN NGUYEN P01985710 6179774807 2025-11-17 2024 2025-03-06 01:10:19Z ACE NEXTGEN 496151 false X ACENEXTGEN.ORG X 2015 MA OUR MISSION IS TO EMPOWER ASIAN AMERICAN AND PACIFIC ISLANDER (AAPI) ENTREPRENEURS AND BUSINESS OWNERS THROUGH EDUCATION, MENTORSHIP, AND COMMUNITY BUILDING. 9 9 1 30 0 0 348970 277488 106499 218663 0 0 455469 496151 0 0 143059 113898 7131 0 0 289464 450513 439654 564411 15815 -68260 179356 128211 50336 67451 129020 60760 OUR MISSION IS TO EMPOWER ASIAN AMERICAN AND PACIFIC ISLANDER (AAPI) ENTREPRENEURS AND BUSINESS OWNERS THROUGH EDUCATION, MENTORSHIP, AND COMMUNITY BUILDING. false false 127677 84081 DURING THE YEAR, THE ORGANIZATION ADVANCED ITS EXEMPT PURPOSE OF SUPPORTING AND EMPOWERING ASIAN AMERICAN AND PACIFIC ISLANDER (AAPI) BUSINESS OWNERS AND ENTREPRENEURS BY ORGANIZING ITS ANNUAL AAPI BUSINESS LEADERSHIP CONFERENCE. THE EVENT SERVED AS A PLATFORM TO PROMOTE EDUCATION, MENTORSHIP, AND COLLABORATION WITHIN THE AAPI BUSINESS COMMUNITY. THE CONFERENCE FEATURED KEYNOTE SPEAKERS, PANEL DISCUSSIONS, AND WORKSHOPS ADDRESSING TOPICS SUCH AS BUSINESS GROWTH, ACCESS TO CAPITAL, INNOVATION, AND LEADERSHIP DEVELOPMENT. APPROXIMATELY 345 PARTICIPANTS ATTENDED, REPRESENTING AAPI-OWNED BUSINESSES FROM ACROSS THE REGION. THE PROGRAM FOSTERED ECONOMIC EMPOWERMENT, CROSS-SECTOR PARTNERSHIPS, AND PROFESSIONAL DEVELOPMENT CONSISTENT WITH THE ORGANIZATIONS CHARITABLE AND EDUCATIONAL MISSION. 56545 41656 DURING THE YEAR, THE ORGANIZATION ADVANCED ITS EXEMPT PURPOSE OF FOSTERING ECONOMIC GROWTH, LEADERSHIP DEVELOPMENT, AND COMMUNITY BUILDING AMONG ASIAN AMERICAN AND PACIFIC ISLANDER (AAPI) BUSINESS OWNERS AND ENTREPRENEURS. THE ORGANIZATION ORGANIZED A SERIES OF EDUCATIONAL WORKSHOPS, MASTERMIND GROUPS, AND BUSINESS RETREATS DESIGNED TO PROVIDE PROFESSIONAL DEVELOPMENT, PEER LEARNING, AND MENTORSHIP OPPORTUNITIES. THESE PROGRAMS EQUIPPED PARTICIPANTS WITH PRACTICAL SKILLS IN BUSINESS STRATEGY, FINANCIAL MANAGEMENT, MARKETING, AND LEADERSHIP, WHILE CREATING A SUPPORTIVE NETWORK FOR COLLABORATION AND SHARED GROWTH. THROUGH THESE INITIATIVES, THE ORGANIZATION CONDUCTED 34 WORKSHOPS FOR AAPI ENTREPRENEURS NATIONWIDE, EMPOWERING THEM TO STRENGTHEN THEIR BUSINESSES AND CONTRIBUTE TO THE BROADER ECONOMIC ADVANCEMENT OF THE AAPI COMMUNITY IN ALIGNMENT WITH ITS CHARITABLE AND EDUCATIONAL MISSION. 43529 59872 DURING THE YEAR, THE ORGANIZATION ADVANCED ITS EXEMPT PURPOSE OF PROMOTING ECONOMIC DEVELOPMENT AND ENTREPRENEURSHIP BY ORGANIZING EDUCATIONAL AND NETWORKING EVENTS FOR AAPI BUSINESS OWNERS AND ENTREPRENEURS ACROSS MULTIPLE CITY CHAPTERS. THESE EVENTS PROVIDED OPPORTUNITIES FOR PARTICIPANTS TO LEARN FROM INDUSTRY EXPERTS, SHARE BEST PRACTICES, AND BUILD STRATEGIC RELATIONSHIPS TO STRENGTHEN THEIR LOCAL BUSINESS COMMUNITIES. THE ORGANIZATION HOSTED 97 LOCAL CHAPTER EVENTS ATTENDED BY APPROXIMATELY 2,234 ATTENDEES, FEATURING WORKSHOPS ON BUSINESS PLANNING, ACCESS TO CAPITAL, MARKETING, AND LEADERSHIP DEVELOPMENT. THROUGH THESE PROGRAMS, THE ORGANIZATION FOSTERED COLLABORATION AMONG SMALL BUSINESS OWNERS AND ENCOURAGED INNOVATION AND SUSTAINABLE BUSINESS GROWTH CONSISTENT WITH ITS CHARITABLE AND EDUCATIONAL MISSION. 12600 33053 DURING THE YEAR, THE ORGANIZATION ADVANCED ITS EXEMPT PURPOSE OF PROMOTING ENTREPRENEURSHIP AND ECONOMIC EMPOWERMENT WITHIN THE ASIAN AMERICAN AND PACIFIC ISLANDER (AAPI) COMMUNITY BY LAUNCHING AND OPERATING A VIRTUAL BUSINESS ACCELERATOR PROGRAM. THE PROGRAM PROVIDED AAPI BUSINESS OWNERS AND ENTREPRENEURS WITH STRUCTURED MENTORSHIP, EDUCATIONAL WORKSHOPS, AND ACCESS TO CAPITAL RESOURCES DESIGNED TO SUPPORT BUSINESS GROWTH AND SUSTAINABILITY. THE ACCELERATOR ENGAGED 200 PARTICIPANTS NATIONWIDE AND FEATURED TRAINING MODULES ON BUSINESS PLANNING, MARKETING STRATEGY, FINANCIAL MANAGEMENT, AND LEADERSHIP DEVELOPMENT. PARTICIPANTS RECEIVED INDIVIDUALIZED COACHING FROM EXPERIENCED MENTORS AND INDUSTRY PROFESSIONALS. BY PROVIDING THESE CAPACITY-BUILDING RESOURCES, THE ORGANIZATION STRENGTHENED THE AAPI ENTREPRENEURIAL ECOSYSTEM AND FURTHERED ITS CHARITABLE AND EDUCATIONAL MISSION TO EXPAND ECONOMIC OPPORTUNITY AND REPRESENTATION FOR UNDERSERVED BUSINESS OWNERS 12600 33053 240351 true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false true 12 0 true 1 true false false false false true true false false false X 9 9 false false false false false false false true true false true true true true true true false false true true false MA X ANH THI PHAM 5089675835 PO BOX 51471 BOSTON MA 02205 X ANH THI PHAM DIRECTOR OF PARTNERSHIP 40.00 0.00 X 105575 0 0 REAHMAN AFSHAR DIRECTOR 2.00 0.00 X 0 0 0 MELODY CHEN DIRECTOR 2.00 0.00 X 0 0 0 TRISTAN NGUYEN DIRECTOR 2.00 0.00 X 0 0 0 CHEWY JANG DIRECTOR 2.00 0.00 X 0 0 0 JOHN VICTORIA DIRECTOR 2.00 0.00 X 0 0 0 FRANCES LUONG DIRECTOR 2.00 0.00 X 0 0 0 MELVIN REYES DIRECTOR 2.00 0.00 X 0 0 0 LAWRENCE YEH DIRECTOR 2.00 0.00 X 0 0 0 105575 0 0 1 false false false 31035 246453 277488 CONFERENCE 611430 84081 84081 CHAPTER EVENTS 611430 59872 59872 WORKSHOPS 611430 41657 41657 ACCELERATOR 611430 33053 33053 218663 0 496151 218663 0 0 105575 105575 8323 8323 140398 140398 23288 23288 48461 48461 13899 13899 3723 3723 21696 21696 94406 84289 10117 103218 93702 9516 1424 1424 564411 240351 324060 0 136651 108154 25000 12000 17705 8057 179356 128211 25336 22451 25000 45000 50336 67451 X 129020 60760 129020 60760 179356 128211 -68260 0 X false false false X 125968 264109 398113 455469 496150 1739809 125968 264109 398113 455469 496150 1739809 0 0 0 0 0 0 1739809 125968 264109 398113 455469 496150 1739809 1.00000 1.00000 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED REAHMAN AFSHAR DIRECTOR 66921 MANAGEMENT CONSULTING false Form 990 governing body review Part VI line 11 FORM 990 IS PREPARED BY OUTSIDE ACCOUNTANTS AND REVIEWED BY TREASURER AND THE BOARD OF DIRECTORS BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. Conflict of interest policy compliance Part VI line 12c EACH BOARD OF DIRECTOR SIGNS A STATEMENT THAT HE OR SHE HAS RECEIVED THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, AND AGREED TO COMPLY WITH SUCH POLICY CEO executive director top management comp Part VI line 15a THE BOARD OF DIRECTORS REVIEWS AND APPROVES COMPENSATION FOR THE TOP MANAGEMENT OFFICIAL AND KEY EMPLOYEES USING COMPARABLE DATA FROM SIMILAR ORGANIZATIONS. ALL DECISIONS ARE MADE BY INDEPENDENT BOARD MEMBERS AND DOCUMENTED IN MEETING MINUTES TO ENSURE REASONABLENESS AND COMPLIANCE WITH IRS GUIDELINES. Other officer or key employee compensation Part VI line 15b THE BOARD OF DIRECTORS REVIEWS AND APPROVES COMPENSATION FOR THE TOP MANAGEMENT OFFICIAL AND KEY EMPLOYEES USING COMPARABLE DATA FROM SIMILAR ORGANIZATIONS. ALL DECISIONS ARE MADE BY INDEPENDENT BOARD MEMBERS AND DOCUMENTED IN MEETING MINUTES TO ENSURE REASONABLENESS AND COMPLIANCE WITH IRS GUIDELINES. Governing documents etc available to public Part VI line 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.