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Nonprofit · EIN 87-1256897

ASIAN AMERICAN FOUNDATION FOR THE CAROLINAS

Tax-exempt · CHARLOTTE, NC 28226

Financials

$59K$50K2024
Revenue Expenses · by fiscal year end
Financials of ASIAN AMERICAN FOUNDATION FOR THE CAROLINAS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$58,924$50,245$8,679$32,969–$32,969
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$58,924

Expenses

Grants and similar amounts paid
$36,516
Compensation of officers, directors and key employees
$0
Other expenses
$13,729

Balance sheet and other

Total assets, start of year
$24,290
Total assets, end of year
$32,969
Total liabilities, end of year
–
Net assets, end of year
$32,969
Cash, savings and investments
$32,969
Gross receipts
$58,924

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
NINA BAUTISTAChairman0$0
CATHERINE CHANGDirector0$0
JOHN C CHENExecutive Dir.0$0
EDWARD TAUTJODirector0$0
STEPHEN VAUGHANTreasurer0$0

Address and contacts

Address (IRS master file)
4700 CARSONS POND RD, CHARLOTTE, NC 28226-3204
In care of
% JOHN CHEN
Mailing address (990-N for 2023)
4700 Carsons Pond Road, Charlotte NC 28226
Signed the 990-EZ
JOHN CHEN, Executive Director
Phone
(704) 621-6668
Return prepared by
Stephen F Vaughan CPA PA

Mission

PROMOTING ASIAN CULTURES AND LIFESTYLES AND CELEBRATING THE CAROLINAS ASIAN AMERICAN COMMUNITYTo EMPOWER Asian Americans in the Charlotte region, the Carolinas, and elsewhere, and to provide a forum that celebrates our cultural heritage.To ENCOURAGE leaders to engage with the Asian American community, and to give us an active role in developing an inclusive future in our region.To INSPIRE our community and to promote our strength in diversity and our power in unity.To INFORM local and global readers alike of vital issues from an Asian perspective, to promote healthy dialogue, and to establish positive influences for progress, To ENTERTAIN and share the best of our cultures, remaining proud Carolinians and loyal Americans, while retaining our indomitable Asian values and spirit.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • THE ASSOCIATION PROUDLY PROVIDED GRANTS TO MULTIPLE ASIAN AMERICANS TO ASSIST THEM IN FURTHERING THEIR TRAINING AND EDUCATION IN ORDER TO HELP THEM GAIN EMPLOYMENT OPPORTUNITIES.

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

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-N on file

IRS record

EIN
87-1256897
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
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$32,969
Income (IRS master file)
$58,924

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$58,924$50,245$32,969XML
990-N for 2023December 31, 2023≤ $50,000 receipts––e-Postcard
990-N for 2022
Officer: John Chen
December 31, 2022≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: Nini Bautista
December 31, 2020≤ $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 87-1256897).

Questions about ASIAN AMERICAN FOUNDATION FOR THE CAROLINAS

What is the EIN of ASIAN AMERICAN FOUNDATION FOR THE CAROLINAS?
The employer identification number (EIN) of ASIAN AMERICAN FOUNDATION FOR THE CAROLINAS is 87-1256897.
Is ASIAN AMERICAN FOUNDATION FOR THE CAROLINAS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to ASIAN AMERICAN FOUNDATION FOR THE CAROLINAS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ASIAN AMERICAN FOUNDATION FOR THE CAROLINAS 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 AMERICAN FOUNDATION FOR THE CAROLINAS due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ASIAN AMERICAN FOUNDATION FOR THE CAROLINAS last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of ASIAN AMERICAN FOUNDATION FOR THE CAROLINAS?
The 990-EZ for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does ASIAN AMERICAN FOUNDATION FOR THE CAROLINAS have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $58,924, expenses of $50,245 and total assets of $32,969 at year end.

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