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Nonprofit · EIN 26-1988676

ASIAN BUSINESS INSTITUTE AND RESOURCE CENTER

Tax-exempt · FRESNO, CA 93727

Financials

$2M$1.7M2022$1.9M$1.6M2023$4.1M$4.1M2024
Revenue Expenses · by fiscal year end
Financials of ASIAN BUSINESS INSTITUTE AND RESOURCE CENTER by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$4,113,653$4,148,593-$34,940$1,392,571$309,255$1,083,316
June 30, 2024990$1,860,058$1,636,156$223,902$1,868,902$750,646$1,118,256
June 30, 2023990$1,998,410$1,729,132$269,278$1,338,513$482,909$855,604
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$3,896,510
of which government grants
$3,826,771
Program service revenue
$216,787
Investment income
$32
Other revenue
$324

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$621,019
Salaries, compensation and benefits (total)
$723,381
Professional fundraising fees
$0
Occupancy
$157,604
Travel
$11,803
Program services (functional)
$3,890,056
Management and general (functional)
$258,537

Balance sheet and other

Total assets, start of year
$1,868,902
Total assets, end of year
$1,392,571
Total liabilities, end of year
$309,255
Net assets, end of year
$1,083,316
Land, buildings and equipment
$70,700
Net assets without donor restrictions
$1,083,316
Gross receipts
$4,113,653
Employees
17
Year formed
2009
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
STANLEY TOMPresident
Trustee or director
40$0
SAMANTHA YANGTreasurer
Trustee or director
1$0
SHENG SIMON VANGSecretary
Trustee or director
1$0
CHORNENG YANGBOARD MEMBER
Trustee or director
1$0
LANG VANGBOARD MEMBER
Trustee or director
1$0
KEE XIONGExecutive Dir.
Trustee or director
40$0
NELSON HERBOARD MEMBER
Trustee or director
1$0
990 for the year ended June 30, 2024: 7 people
NameTitleHours / weekCompensation
STANLEY TOMPresident
Trustee or director
40$0
SAMANTHA YANGTreasurer
Trustee or director
1$0
SHENG SIMON VANGSecretary
Trustee or director
1$0
CHORNENG YANGBOARD MEMBER
Trustee or director
1$0
LANG VANGBOARD MEMBER
Trustee or director
1$0
KEE XIONGExecutive Dir.
Trustee or director
40$0
NELSON HERBOARD MEMBER
Trustee or director
1$0
990 for the year ended June 30, 2023: 6 people
NameTitleHours / weekCompensation
STANLEY TOMPresident
Trustee or director
40$0
SAMANTHA YANGTreasurer
Trustee or director
1$0
SHENG SIMON VANGSecretary
Trustee or director
1$0
CHORNENG YANGBOARD MEMBER
Trustee or director
1$0
LANG VANGBOARD MEMBER
Trustee or director
1$0
KEE XIONGExecutive Dir.
Trustee or director
40$0

Address and contacts

Address (IRS master file)
2150 N FINE AVE, FRESNO, CA 93727-1513
In care of
% STANLEY TOM
Mailing address (990-N for 2017)
7035 N Fruit Ave, Fresno CA 93711
Principal officer (990 for 2024)
KEE XIONG, 2150 N FINE AVE, FRESNO, CA 93727
Principal officer (990-N for 2017)
Blong Xiong, 3079 South Gettysburg Ave, Fresno CA 93722
Signed the 990
KEE XIONG, Executive Director
Phone
(559) 476-3981
Return prepared by
JARIBU W NELSON CPA INC

California records

California keeps its own records of charities and corporations. Search them by EIN 26-1988676 or by the name ASIAN BUSINESS INSTITUTE AND RESOURCE CENTER.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

TO BUILD A STRONG NETWORK OF ASIAN AMERICAN BUSINESS OWNERS TO PROMOTE AND ADVOCATE FOR THE SUSTAINED SUCCESS OF ASIAN BUSINESSES IN THE CENTRAL CALIFORNIA REGION.

990 for the year ended June 30, 2025

Program accomplishments

  • OUTREACH PROGRAMS INCLUDING A MONTHLY BROADCAST, GROUNDWATER SUSTAINABLE AND OUTREACH PROGRAMS, AND BUSINESS TECHNICAL ASSISTANCE PROGRAMS FOR SOUTHEAST AND SMALL BUSINESSES IN THE CENTRAL VALLEY. SOCIAL PROGRAMS TO CONNECT FARMING AND FOOD ASSISTANCE.
    Expenses $3,890,056

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
26-1988676
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2009
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,392,571
Income (IRS master file)
$4,113,653

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$4,113,653$4,148,593$1,392,571IRS
990June 2024$1,860,058$1,636,156$1,868,902IRS
990June 2023$1,998,410$1,729,132$1,338,513XML
990June 2022–––IRS
990June 2021–––IRS
990June 2019–––IRS
990-N for 2017
Officer: Blong Xiong
June 30, 2018≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-1988676).

Questions about ASIAN BUSINESS INSTITUTE AND RESOURCE CENTER

What is the EIN of ASIAN BUSINESS INSTITUTE AND RESOURCE CENTER?
The employer identification number (EIN) of ASIAN BUSINESS INSTITUTE AND RESOURCE CENTER is 26-1988676.
Is ASIAN BUSINESS INSTITUTE AND RESOURCE CENTER tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to ASIAN BUSINESS INSTITUTE AND RESOURCE CENTER tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ASIAN BUSINESS INSTITUTE AND RESOURCE CENTER file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ASIAN BUSINESS INSTITUTE AND RESOURCE CENTER due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ASIAN BUSINESS INSTITUTE AND RESOURCE CENTER last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of ASIAN BUSINESS INSTITUTE AND RESOURCE CENTER?
The 990 for the year ended June 30, 2025 names KEE XIONG.
Who are the officers and directors of ASIAN BUSINESS INSTITUTE AND RESOURCE CENTER?
The 990 for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does ASIAN BUSINESS INSTITUTE AND RESOURCE CENTER have?
On its 990 for the year ended June 30, 2025 it reported revenue of $4,113,653, expenses of $4,148,593 and total assets of $1,392,571 at year end.

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