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Nonprofit · EIN 27-0167019

ASIAN FOCUS CORPORATION

Tax-exempt · MORRISVILLE, NC 27560

Financials

$86K$4K2022$99K$14K2023$81K$20K2024
Revenue Expenses · by fiscal year end
Financials of ASIAN FOCUS CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$81,327$20,106$61,221$557,977$0$557,977
December 31, 2023990-EZ$99,406$14,493$84,913$485,279$26,436$458,843
December 31, 2022990-EZ$86,320$4,374$81,946$398,755$24,825$373,930
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$30,603
Program service revenue
$0
Investment income
$11,597
Net gain from sales of assets
$2,760
Net income from fundraising events
$39,127
Other revenue
$39,127

Expenses

Grants and similar amounts paid
$4,263
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$575
Occupancy
$3,000
Program services (functional)
$4,263
Management and general (functional)
$11,088
Fundraising (functional)
$4,755

Balance sheet and other

Total assets, start of year
$485,279
Total assets, end of year
$557,977
Total liabilities, end of year
$0
Net assets, end of year
$557,977
Publicly traded securities
$300,705
Net assets without donor restrictions
$557,977
Gross receipts
$217,176
Employees
0
Volunteers
105
Year formed
2009
State of legal domicile
NC

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
YUN-LIEH CHUUPRESIDENT
Trustee or director, Officer
40$0
CHRISTIN LAITREASURE
Trustee or director, Officer
30$0
RAJESH YARLAGADDAVP-OUTREACH LIAISON
Trustee or director
5$0
THO NGUYENDIRECTOR-CORP RELATIONS
Trustee or director
10$0
IRIS YIMDIRECTOR OF ORG & MARKETING
Trustee or director
5$0
ETHAN LINDIRECTOR OF OPERATIONS
Trustee or director
15$0
ALBERT CHUNGDIRECTOR OF LOGISTICS
Trustee or director
10$0
990-EZ for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
YUN-LEIH CHUUPRESIDENT40$0
BENJAMIN UYSMITHSECRETARY5$0
CHRISTIN LAITREASURER30$0
CHIEN-YI HOUVP, MARKETING DIRECTOR15$0
THO NGUYENDIRECTOR CORPORATE & COMMUNITY RELATIONS10$0
LEKENNA HICKSDIRECTOR OF EDU & CULTURE2$0
RAJESH YARLAGADDAVP, OUTREACH LIAISON5$0
IRIS YIMDIRECTOR OF ORG DEVELOPMENT5$0
ETHAN LINDIRECTOR OF OP& LOGISTICS15$0
990-EZ for the year ended December 31, 2022: 7 people
NameTitleHours / weekCompensation
YUN-LEIH CHUUPRESIDENT60$0
BENJAMIN UYSMITHSECRETARY3$0
CHRISTIN LAITREASURER40$0
CHIEN-YI HOUVP, MARKETING DIRECTOR30$0
THO NGUYENDIRECTOR CORPORATE & COMMUNITY RELATIONS5$0
LEKENNA HICKSDIRECTOR OF EDU & CULTURE3$0
RAJESH YARLAGADDAVP, OUTREACH LIAISON2$0

Address and contacts

Address (IRS master file)
PO BOX 1206, MORRISVILLE, NC 27560-1206
In care of
% LILY CHAN
Mailing address (990-N for 2015)
PO Box 1206, Morrisville NC 27560
Principal officer (990 for 2024)
CHRISTIN LAI, 1711 New Bedford Drive, Greensboro, NC 27410
Principal officer (990-N for 2015)
Lily Chan, 131 Southwold Drive, Cary NC 27519
Signed the 990
CHRISTIN LAI, TREASURER
Phone
(919) 434-1210
Return prepared by
Shirley L Chu CPA

Mission

To promote, support programs to help Asian American & Immigrants of all generations. To help individual and families to better acclimate into American Society. To promote education and diversity of Asian Community.

990 for the year ended December 31, 2024

Program accomplishments

  • To promote the integration of Asian Community among the different ethinic groups. Annual Asia festival was held every year. There were dragon boat racing, performance, art exhibits,food and entertainment were offered to celebrate the diversity of Asian ethinic culture.
    Expenses $4,263 · grants $30,400 · revenue $39,127

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 October, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2024October 31, 2025March 16, 2026Check at the IRS
2023October 31, 2024March 17, 2025Check at the IRS
2022October 31, 2023March 15, 2024Check at the IRS

IRS record

EIN
27-0167019
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
2010
Accounting year ends
October
Files
Form 990 or 990-EZ
Assets (IRS master file)
$557,977
Income (IRS master file)
$217,176

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$81,327$20,106$557,977XML
990-EZDecember 2023$99,406$14,493$485,279XML
990-EZDecember 2022$86,320$4,374$398,755XML
990-EZOctober 2022–––IRS
990-EZOctober 2021–––IRS
990-EZOctober 2020–––IRS
990-EZOctober 2019–––IRS
990-N for 2015
Officer: Lily Chan
December 31, 2015≤ $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 27-0167019).

Questions about ASIAN FOCUS CORPORATION

What is the EIN of ASIAN FOCUS CORPORATION?
The employer identification number (EIN) of ASIAN FOCUS CORPORATION is 27-0167019.
Is ASIAN FOCUS CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
Are donations to ASIAN FOCUS CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ASIAN FOCUS CORPORATION 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 FOCUS CORPORATION due?
The return for tax year 2025 (the year ending October 31, 2026) is due March 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ASIAN FOCUS CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of ASIAN FOCUS CORPORATION?
The 990 for the year ended December 31, 2024 names CHRISTIN LAI.
Who are the officers and directors of ASIAN FOCUS CORPORATION?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does ASIAN FOCUS CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $81,327, expenses of $20,106 and total assets of $557,977 at year end.

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