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Nonprofiteer
← ASIAN RESOURCES INC

Form 990 for tax year 2023

Filed by ASIAN RESOURCES INC.

Totals

Total revenue
$4,035,123
Total expenses
$3,985,072
Contributions and grants received
$3,899,027
Grants paid
$410,699
Program service revenue
$0
Investment income
$47,882
Other revenue
$88,214
Total assets, end of year
$8,840,667
Total liabilities, end of year
$3,094,239
Net assets or fund balances, end of year
$5,746,428
Program services expenses (Part IX)
$3,566,905
Management and general expenses
$418,167
Fundraising expenses
$0
Program service expenses (Part III)
$3,566,905

Program services were 89.5% 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.

  • 1e · Government grants (contributions)

    $2,555,203

  • 1f · All other contributions, gifts and grants

    $1,343,824

  • 3 · Investment income

    total $29,804 · excluded $29,804

  • 7a · Gross sales of assets other than inventory

    securities $650,630

  • 7b · Less cost or other basis and sales expenses

    securities $632,552

  • 7c · Gain or loss

    securities $18,078

  • 7d · Net gain or loss

    total $18,078 · excluded $18,078

  • 8a · Fundraising events: gross income

    $87,438

  • 8b · Fundraising events: direct expenses

    $50,786

  • 8c · Net income from fundraising events

    total $36,652 · excluded $36,652

  • 11a · Other revenue: PROPERTY TAX REFUND

    total $51,562 · related or exempt $51,562

  • 11e · Other revenue, total

    $51,562

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $410,699 · program services $410,699

  • 5 · Compensation of officers, directors and key employees

    total $149,415 · program services $149,415

  • 7 · Other salaries and wages

    total $1,530,099 · program services $1,530,099

  • 9 · Other employee benefits

    total $216,914 · program services $216,914

  • 10 · Payroll taxes

    total $142,933 · program services $140,553 · management and general $2,380

  • 11b · Fees: legal

    total $18,000 · program services $17,297 · management and general $703

  • 11c · Fees: accounting

    total $131,268 · program services $126,142 · management and general $5,126

  • 11g · Fees: other

    total $21,896 · program services $5,004 · management and general $16,892

  • 12 · Advertising and promotion

    total $19,256 · program services $8,410 · management and general $10,846

  • 13 · Office expenses

    total $173,715 · program services $75,871 · management and general $97,844

  • 14 · Information technology

    total $5,289 · program services $2,310 · management and general $2,979

  • 16 · Occupancy

    total $110,478 · program services $105,434 · management and general $5,044

  • 17 · Travel

    total $26,915 · program services $19,086 · management and general $7,829

  • 19 · Conferences, conventions and meetings

    total $15,497 · management and general $15,497

  • 20 · Interest

    total $61,047 · program services $58,046 · management and general $3,001

  • 22 · Depreciation, depletion and amortization

    total $117,047 · program services $111,292 · management and general $5,755

  • 23 · Insurance

    total $37,768 · program services $37,768

  • 24a · Other expenses: SUPPORTIVE SERVICES

    total $344,713 · program services $343,970 · management and general $743

  • 24b · Other expenses: BAD DEBT EXPENSE

    total $233,733 · management and general $233,733

  • 24c · Other expenses: ON THE JOB TRAINING REI

    total $118,108 · program services $117,853 · management and general $255

  • 24d · Other expenses: UTILITIES

    total $76,467 · program services $76,467

  • 24e · All other expenses

    total $23,815 · program services $14,275 · management and general $9,540

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,967,271 · end of year $2,532,620

  • 3 · Pledges and grants receivable

    beginning of year $1,256,954 · end of year $849,770

  • 9 · Prepaid expenses and deferred charges

    beginning of year $51,551 · end of year $69,164

  • 10a · Land, buildings and equipment: cost or other basis

    $4,300,076

  • 10b · Land, buildings and equipment: accumulated depreciation

    $483,435

  • 10c · Land, buildings and equipment, net

    beginning of year $3,942,962 · end of year $3,816,641

  • 11 · Investments: publicly traded securities

    beginning of year $422,749 · end of year $1,136,110

  • 15 · Other assets

    beginning of year $211,694 · end of year $436,362

  • 17 · Accounts payable and accrued expenses

    beginning of year $611,827 · end of year $324,054

  • 24 · Unsecured notes and loans payable

    beginning of year $1,986,553 · end of year $1,937,554

  • 25 · Other liabilities

    beginning of year $735,428 · end of year $832,631

  • 27 · Net assets without donor restrictions

    beginning of year $5,519,373 · end of year $5,746,428

Mission and programs · 2023

Mission

EMPLOYMENT AND TRAINING SERVICES

  • THE AGENCY HAS THREE PRINCIPAL AREAS OF SERVICES: EMPLOYMENT, TRAINING, AND COMMUNITY SERVICES. IN EMPLOYMENT SERVICES, SPECIALISTS ASSIST CLIENTS BY PREPARING THEM FOR WORK THROUGH RESUME, INTERVIEWING, AND APPLICATION ASSISTANCE. IN TRAINING, THE AGENCY PROVIDES EMPLOYMENT DEVELOPMENT SUCH AS HOW TO FIND, KEEP, AND GROW IN A JOB, AS WELL AS LIFE SKILLS. ALSO, THE AGENCY PROVIDES INDUSTRY SPECIFIC TRAINING THAT BRIDGE GAPS IN INDUSTRY NEEDS AND ENTRY LEVEL EMPLOYEES, CREATING QUALIFIED CANDIDATES IN SPECIFIC SECTORS. IN COMMUNITY SERVICES, SPECIALISTS ASSIST IN ACCESSING THE RESOURCES THEY NEED TO NAVIGATE THE PATHS THEY FACE AS THEY MAKE THE TRANSITION TO LIFE IN OUR COMMUNITY. THE GOALS OF THESE PROGRAMS ARE PEOPLE'S SELF-SUFFICIENCY.EMPLOYMENT PROGRAMS FOR ADULTSREFUGEE SUPPORT PROGRAMS - SERVICES INCLUDE VOCATIONAL ENGLISH AS A SECOND LANGUAGE CLASSES, AND EMPLOYMENT SERVICES.JOB CENTER - CAREER COACHING, VOCATIONAL OPPORTUNITIES, CAREER WORKSHOPS, EMPLOYMENT SERVICES, FINANCIAL ASSISTANCE, HOUSING INFORMATION, VOCATIONAL SCHOLARSHIPS, AND COMMUNITY RESOURCES.ADULT PROGRAM - ONE ON ONE CAREER COACHING AND TUITION ASSISTANCE.ON-THE-JOB TRAINING - EMPLOYERS PROVIDE HANDS-ON TRAINING AND WORK EXPERIENCE.CASE MANAGEMENT - PARTICIPANTS RECEIVE ONGOING CASE MANAGEMENT AND COUNSELING. YOUTH EMPLOYMENT PROGRAMSOUT YOUTH PROGRAM - YOUTH GAIN EXPERIENCE AND IMPORTANT LIFE SKILLS THROUGH JOB PLACEMENT AND CLASSROOM TRAINING.YOUTH EXECUTIVE ACADEMY IS A GROUP OF YOUNG DIVERSE LEADERS (15-23 YEARS OF AGE) WHOSE MISSION IS TO CREATE POSITIVE SOCIAL CHANGE BY CREATING AN EMPOWERING COMMUNITY AND ADVANCING THE VOICE OF YOUNG PEOPLE. COMMUNITY SERVICESIN-LANGUAGE SUPPORTSMUD ENERGY ASSISTANCE PROGRAMPG&E CARE PROGRAM DISCOUNTED DIGITAL ACCESS ENGLISH AS A SECOND LANGUAGE CLASSES BASIC IMMIGRATION CLINICDIGITAL LITERACY CLASS YOUTH VIOLENCE PREVENTIONVITA/EITC TAX PREPARATION COVERED CALIFORNIA ENROLLMENTMEDICAL ENROLLMENTHEALTH EDUCATION AND RESOURCESCALFRESH ENROLLMENT ASSISTANCEFOREIGN HUMAN TRAFFICKING ASSISTANCECOMMUNITY ADVOCACYVOLUNTEER SERVICESEMPLOYER SERVICES EDUCATIONAL TRAINING RECRUITMENT AND SCREENING: PRE-SCREENED, QUALIFIED CANDIDATES. JOB PLACEMENT PROGRAMS: EMPLOYERS RECEIVE PRE-SCREENED REFERRALS AND WAGE REIMBURSEMENT

    Expenses $3,566,905 · Grants $410,699 · Revenue $51,562

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • SONNEY CHONG

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • THI DO

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • IRFAN MEHMOOD

    SECRETARY TREASURER

    Total calculated
    $0
    Hours/week
    2
  • DANIEL WASHINGTON

    DIRECTOR AT LARGE

    Total calculated
    $0
    Hours/week
    2
  • CHAO DANNY VANG

    DIRECTOR AT LARGE

    Total calculated
    $0
    Hours/week
    2
  • OANH MEYER

    DIRECTOR AT LARGE

    Total calculated
    $0
    Hours/week
    2
  • RICHARD RICK UNO

    DIRECTOR AT LARGE

    Total calculated
    $0
    Hours/week
    2
  • CHIAYA RAWLINS

    DIRECTOR AT LARGE

    Total calculated
    $0
    Hours/week
    2
  • CAROLYN HASHIMOTO

    DIRECTOR AT LARGE

    Total calculated
    $0
    Hours/week
    2
  • THUONG LE

    DIRECTOR AT LARGE

    Total calculated
    $0
    Hours/week
    2
  • REJIE MARIE BALOYOS

    EXECUTIVE DIRECTOR

    Total calculated
    $149,415
    From this org
    $137,927
    From related orgs
    $0
    Other
    $11,488
    Hours/week
    40
  • DOREENA WONG

    POLICY DIRECTOR

    Total calculated
    $139,830
    From this org
    $127,437
    From related orgs
    $0
    Other
    $12,393
    Hours/week
    40

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

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
14 August 2025
IRS schema version
2023v6.0
Source object
202532279349302973

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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