Totals
- Total revenue
- $2,519,689
- Total expenses
- $1,106,134
- Contributions and grants received
- $2,265,767
- Grants paid
- $3,500
- Program service revenue
- $0
- Investment income
- $269,673
- Other revenue
- -$15,751
- Total assets, end of year
- $6,749,941
- Total liabilities, end of year
- $525,362
- Net assets or fund balances, end of year
- $6,224,579
- Program services expenses (Part IX)
- $371,786
- Management and general expenses
- $410,896
- Fundraising expenses
- $323,452
- Program service expenses (Part III)
- $371,786
Program services were 33.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$318,300
-
1e · Government grants (contributions)
$205,725
-
1f · All other contributions, gifts and grants
$1,741,742
-
1g · Noncash contributions included above
$10,800
-
3 · Investment income
total $196,283 · excluded $196,283
-
7a · Gross sales of assets other than inventory
securities $73,390
-
7b · Less cost or other basis and sales expenses
securities $0
-
7c · Gain or loss
securities $73,390
-
7d · Net gain or loss
total $73,390 · excluded $73,390
-
8a · Fundraising events: gross income
$111,600
-
8a · Fundraising events: contributions included on line 1c
$318,300
-
8b · Fundraising events: direct expenses
$127,351
-
8c · Net income from fundraising events
total -$15,751 · excluded -$15,751
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $3,500 · program services $3,500
-
11a · Fees: management
total $425,866 · program services $108,046 · management and general $317,820
-
11c · Fees: accounting
total $33,300 · program services $8,448 · management and general $24,852
-
12 · Advertising and promotion
total $52,847 · management and general $52,847
-
13 · Office expenses
total $1,949 · management and general $1,949
-
16 · Occupancy
total $3,000 · management and general $3,000
-
17 · Travel
total $174 · management and general $174
-
19 · Conferences, conventions and meetings
total $179,954 · program services $179,954
-
23 · Insurance
total $19,908 · program services $9,954 · management and general $9,954
-
24a · Other expenses: INDIRECT FUNDRAISER EXP
total $323,452 · fundraising $323,452
-
24b · Other expenses: FOOD DRIVES
total $61,884 · program services $61,884
-
24c · Other expenses: TAXES
total $300 · management and general $300
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,151,514 · end of year $1,006,369
-
3 · Pledges and grants receivable
end of year $111,056
-
9 · Prepaid expenses and deferred charges
beginning of year $44,089 · end of year $568,769
-
11 · Investments: publicly traded securities
beginning of year $2,801,618 · end of year $5,063,747
-
17 · Accounts payable and accrued expenses
beginning of year $1,547 · end of year $1,957
-
19 · Deferred revenue
end of year $309,090
-
25 · Other liabilities
beginning of year $142,488 · end of year $214,315
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $4,853,186 · end of year $6,224,579
Mission and programs · 2024
Mission
PROMOTE THE HEALTH OF CHINESE AMERICANS THROUGH GRANTS TO OTHER CHARITABLE ORGANIZATIONS AND SUPPORT OF COMMUNITY HEALTH AND RESEARCH PROJECTS.
Activities or mission (Part I)
PROMOTE THE HEALTH OF CHINESE AMERICANS.
-
PROMOTE THE HEALTH AWARENESS OF CHINESE AMERICANS AND RUNNING FOOD PANTRY PROGRAM THROUGH GRANTS RECEIVED AND PROVIDE GRANTS TO OTHER CHARITABLE ORGANIZATIONS FOR SUPPORTING COMMUNITY HEALTH PROJECTS.
Expenses $371,786 · Grants $3,500
As filed on the 2024 return.
Listed in Part VII
-
Amy Chu-WongAMY CHU-WONG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Felix ChuFELIX CHU
DIR./SECR./TREAS.
- Total calculated
- $0
- Hours/week
- 0.5
-
George LiuGEORGE LIU
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jonathan ChangJONATHAN CHANG
DIRECTOR AND VP
- Total calculated
- $0
- Hours/week
- 0.5
-
Sun-Hoo FooSUN-HOO FOO
CHAIR/PRES./DIR./CEO
- Total calculated
- $0
- Hours/week
- 0.5
-
Peggy ShengPEGGY SHENG
EXECUTIVE DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
CAIPA SOCIAL DAYCARE CENTER INC
SOCIAL DAYCARE CENTERS FOR SENIOR ASIAN AMERICAN INDIVIDUALS · NY · income $0 · assets $19,784
Directly controlled by CAIPA FOUNDATION INC
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 11 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202533169349307698
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