ACE FOUNDATION: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- ACE FOUNDATION (EIN 46-3200311)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-06-20
- IRS object ID
- 202511719349300306
- Schema version
- 2024v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-06-20T07:19:45-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HAN GROUP LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1020 19TH STREET NW SUITE 800 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 463200311 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ACE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ACEF | BusinessNameControlTxt |
| Phone | 2022042579 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1300 PENNSYLVANIA AVENUE NW 700 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20004 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHILING TONG | PersonNm |
| Person Title | PRESIDENT AND CEO | PersonTitleTxt |
| Phone | 2022042579 | PhoneNum |
| Signature | 2025-06-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JENNIFER S HAN | PreparerPersonNm |
| PTIN | P00633304 | PTIN |
| Phone | 2022937000 | PhoneNum |
| Preparation | 2025-06-17 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NATIONAL ACE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | CHILING TONG | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1300 PENNSYLVANIA AVENUE NW 700 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20004 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $3,207,046 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.NATIONALACE.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2013 | FormationYr |
| Legal Domicile State | DC | LegalDomicileStateCd |
| Activity Or Mission | IMPROVE THE QUALITY OF LIFE FOR ASIAN AND PACIFIC ISLANDER AMERICANS THROUGH BUSINESS EDUCATION. | ActivityOrMissionDesc |
| Voting Members Governing Body | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 13 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 17 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $2,549,006 | PYContributionsGrantsAmt |
| CY Contributions Grants | $3,017,578 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $105,245 | CYProgramServiceRevenueAmt |
| PY Investment Income | $13,402 | PYInvestmentIncomeAmt |
| CY Investment Income | $84,223 | CYInvestmentIncomeAmt |
| PY Other Revenue | $2,800 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $2,565,208 | PYTotalRevenueAmt |
| CY Total Revenue | $3,207,046 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,343,438 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,344,763 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $889,895 | PYOtherExpensesAmt |
| CY Other Expenses | $956,044 | CYOtherExpensesAmt |
| PY Total Expenses | $2,233,333 | PYTotalExpensesAmt |
| CY Total Expenses | $2,300,807 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $331,875 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $906,239 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $2,452,433 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,366,612 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $353,996 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $367,269 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $2,098,437 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $2,999,343 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO IMPROVE THE QUALITY OF LIFE FOR ASIAN AND PACIFIC ISLANDER AMERICANS BY ASSISTING THE ASIAN AMERICAN AND PACIFIC ISLANDER (AAPI) AND ALL SMALL BUSINESS COMMUNITIES THROUGH BUSINESS EDUCATION AND TRAINING, RESEARCH, AND COMMUNITY DEVELOPMENT. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $1,260,000 | ExpenseAmt |
| Grant | $1,260,000 | GrantAmt |
| Revenue | $105,245 | RevenueAmt |
| Desc | AAPISTRONG AND SMALL BUSINESS PRIORITY: AAPISTRONG IS A NATIONAL CALL-TO-ACTION PROGRAM POWERED BY THE NATIONAL ASIAN/PACIFIC ISLANDER AMERICAN CHAMBER OF COMMERCE AND ENTREPRENEURSHIP (NATIONAL ACE). THE PROGRAM'S PRIMARY GOAL IS TO CONVENE OUR NETWORK OF BUSINESS ORGANIZATIONS, ENTREPRENEURS, CORPORATE LEADERS, AND STAKEHOLDERS TO ADVANCE EQUITY, JUSTICE, AND OPPORTUNITY FOR COMMUNITIES EVERYWHERE. THE AAPISTRONG PROGRAM FOSTERS THE WELLBEING OF THESE VITAL INSTITUTIONS BY PROVIDING TECHNICAL ASSISTANCE ON BUSINESS RESILIENCE, RESOURCES ON BUSINESS RECOVERY, INFORMATION ON STARTING, GROWING, OR RETAINING A BUSINESS, AND CREATING AVENUES FOR EDUCATION ON ACCESS TO CAPITAL AND CONTRACTING. ACE FOUNDATION HAD 214 IN-PERSON ATTENDEES AT 3 BUSINESS WORKSHOPS IN 2024. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $254,826 | ExpenseAmt |
| Grant | $7,225 | GrantAmt |
| Desc | ECONOMIC DEVELOPMENT - ACE FOUNDATION EDUCATES LOCAL AND REGIONAL AAPI CHAMBERS OF COMMERCE, MOU PARTNERS, AND OTHER STAKEHOLDERS ACROSS THE COUNTRY TO PROVIDE INNOVATIVE BUSINESS SOLUTIONS THROUGH QUALITY PROGRAMS AND SERVICES. ACE FOUNDATION ALSO CONTRIBUTES TO OUR NATION'S ECONOMIC GROWTH, BUSINESS DEVELOPMENT, AND GOVERNMENT EFFICIENCY BY SUPPORTING PROGRAMS AND POLICIES THAT CREATE MORE AAPI BUSINESS OWNERS, ENTREPRENEURS, AND CORPORATE LEADERS. IN 2024, ACE FOUNDATION HELD 4 MULTI-WEEK ACCELERATORS WITH 2,804 ATTENDEES. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $246,969 | ExpenseAmt |
| Grant | $7,225 | GrantAmt |
| Desc | EDUCATION - ACE FOUNDATION WORKS TO EDUCATE ASIAN AMERICAN AND PACIFIC ISLANDER AND ALL SMALL BUSINESS COMMUNITIES ON ISSUES THAT WILL DIRECTLY IMPROVE THEIR ECONOMIC, POLITICAL, AND SOCIAL WELL-BEING. ACE FOUNDATION HOSTS EVENTS AIMED TO HELP EDUCATE MINORITY AND ALL BUSINESS COMMUNITIES. THESE EVENTS INCLUDE ROUNDTABLES AND SYMPOSIUMS COORDINATED WITH FEDERAL GOVERNMENT AGENCIES. MANY OF THESE EVENTS ARE VIRTUAL WEBINARS WHICH COVER TOPICS AROUND ACCESS TO CAPITAL, CONTRACTING OPPORTUNITIES, GRANT WRITING, RETIREMENT SECURITY, FINANCIAL CAPACITY, AND CHALLENGES FACING MINORITY BUSINESS OWNERS. IN 2024, ACE FOUNDATION HAD A TOTAL OF 3,159 IN-PERSON ATTENDEES AND 3,839 WEBINAR ATTENDEES. WE HAD A TOTAL OF 970 ATTENDEES AT OUR SMALL BUSINESS ROUNDTABLES AND 1,416 AT OUR SIGNATURE EVENTS. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $70,313 | ExpenseAmt |
| Grant | $70,313 | GrantAmt |
| Desc | OTHER PROGRAMS | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $70,313 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $70,313 | TotalOtherProgSrvcGrantAmt |
| Total Program Service Expenses | $1,832,108 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (1) | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 1 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 13 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 13 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (1) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHELLE IM | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2022042579 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1300 PENNSYLVANIA AVENUE NW NO 700 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20004 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| KAREN ENG | ||||||
| CHAIR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JIMMY FERGUSON | ||||||
| VICE CHAIR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| TRACEY DOI | ||||||
| TREASURER | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| AMIT BHATNAGAR | ||||||
| SECRETARY (THROUGH JANUARY) | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| CY CHEN | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MELODY CHEN | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| SUSAN JIN DAVIS | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| TAMMY FUNASAKI | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DENNIS HUANG | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| BILL IMADA | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| NARUMI INATSUGU | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| CHEWY JANG | ||||||
| DIRECTOR (THROUGH JANUARY) | 1.00 | Yes (X) | $0 | $0 | $0 | |
| SHAU-WAI LAM | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MARTY LORENZO | ||||||
| DIRECTOR (THROUGH JANUARY) | 1.00 | Yes (X) | $0 | $0 | $0 | |
| IAN SO | ||||||
| DIRECTOR (THROUGH JANUARY) | 1.00 | Yes (X) | $0 | $0 | $0 | |
| FA'AMOANA UTA'I | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| BIN YU | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| CHILING TONG | ||||||
| PRESIDENT AND CEO | 2.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | Yes (1) | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NATIONAL ACE | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1300 PENSYLVANIA AVENUE NW 700 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20004 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | MANAGEMENT & ADMINISTRATIVE SVCS | ServicesDesc |
| Compensation | $853,750 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $3,017,578 | AllOtherContributionsAmt |
| Noncash Contributions | $20,000 | NoncashContributionsAmt |
| Total Contributions | $3,017,578 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CONFERENCE REVENUE | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $105,245 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $105,245 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $105,245 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $84,223 | TotalRevenueColumnAmt |
| Exclusion | $84,223 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,207,046 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $105,245 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $84,223 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,344,763 | TotalAmt |
| Program Services | $1,344,763 | ProgramServicesAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $460,000 | TotalAmt |
| Management And General | $460,000 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,090 | TotalAmt |
| Management And General | $3,090 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $150 | TotalAmt |
| Management And General | $150 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $234 | TotalAmt |
| Management And General | $234 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $187,345 | TotalAmt |
| Program Services | $187,345 | ProgramServicesAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $300,000 | TotalAmt |
| Program Services | $300,000 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,226 | TotalAmt |
| Management And General | $3,226 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SUBSCRIPTIONS | Desc |
| Total | $1,999 | TotalAmt |
| Management And General | $1,999 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,300,807 | TotalAmt |
| Program Services | $1,832,108 | ProgramServicesAmt |
| Management And General | $468,699 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $872,561 | BOYAmt |
| EOY | $856,131 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,438 | BOYAmt |
| EOY | $100,000 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,338 | BOYAmt |
| EOY | $52,645 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,527,321 | BOYAmt |
| EOY | $2,356,061 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,775 | BOYAmt |
| EOY | $1,775 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,452,433 | BOYAmt |
| EOY | $3,366,612 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $63,333 | BOYAmt |
| EOY | $68,515 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,438 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $267,225 | BOYAmt |
| EOY | $298,754 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $353,996 | BOYAmt |
| EOY | $367,269 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,988,437 | BOYAmt |
| EOY | $2,594,343 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $110,000 | BOYAmt |
| EOY | $405,000 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,098,437 | BOYAmt |
| EOY | $2,999,343 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,452,433 | BOYAmt |
| EOY | $3,366,612 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $906,239 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$5,333 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $297,402 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,902,722 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,854,681 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,549,006 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,017,578 | CurrentTaxYearAmt |
| Total | $14,621,389 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $297,402 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,902,722 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,854,681 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,549,006 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,017,578 | CurrentTaxYearAmt |
| Total | $14,621,389 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $9,483,820 | SubstantialContributorsTotAmt |
| Public Support Total170 | $5,137,569 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $18 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus1 Year | $13,402 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $84,223 | CurrentTaxYearAmt |
| Total | $97,643 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $2,800 | CurrentTaxYearMinus1YearAmt |
| Total | $2,800 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $14,721,832 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $490,246 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.34900 | PublicSupportCY170Pct |
| Public Support PY170 | 0.34360 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | MISCELLANEOUS REVENUE - 2023 AMOUNT: $ 1,000. SPEAKER FEES - 2023 AMOUNT: $ 1,800. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE TO AFFILIATE | Desc |
| Amt | $298,754 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $298,754 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION FOLLOWS THE AUTHORITATIVE GUIDANCE RELATING TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES INCLUDED IN ACCOUNTING STANDARDS CODIFICATION TOPIC 740-10, INCOME TAXES. THESE PROVISIONS PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. IT IS THE ORGANIZATION'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN INCOME TAX EXPENSES. THE ORGANIZATION PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED DECEMBER 31, 2024 AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. THE STATUTE OF LIMITATIONS GENERALLY REMAINS OPEN FOR THREE TAX YEARS WITH THE U.S. FEDERAL JURISDICTION OR THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH THE ORGANIZATION FILES TAX RETURNS. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (74 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| NATIVE FIELDS LLC | ||||||||
| 1443 LASSITER DRIVE | WALNUT | CA | 91789 | 822111130 | $25,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| NOM WAH NOLITA INC | ||||||||
| 10 KENMARE STREET | NEW YORK | NY | 10012 | 813395711 | $25,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| PHO LOAN INC | ||||||||
| 1114 W ARGYLE STREET | CHICAGO | IL | 60640 | 464601229 | $25,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| NATIONAL ACE | ||||||||
| 1300 PENNSYLVANIA AVENUE NW SUITE | WASHINGTON | DC | 20004 | 462071116 | $15,000 | $0 | SCHOLARSHIP | 700 |
| 2D RESTAURANT LAKEVIEW LLC | ||||||||
| 1910 S STATE STREET 209 | CHICAGO | IL | 60616 | 871642842 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| 2PEASDMD LLC | ||||||||
| 720 BROADWAY AVENUE | SEASIDE | CA | 93955 | 822081832 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| 88 PLATES LLC | ||||||||
| 1113 WEST ARGYLE STREET | CHICAGO | IL | 60640 | 465471823 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| A TASTE OF THE PHILIPPINES | ||||||||
| 5343 N MEADE AVENUE | CHICAGO | IL | 60630 | 900784994 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| AMBER AGAVE LLC | ||||||||
| 1310 N MILWAUKEE AVENUE 1 | CHICAGO | IL | 60622 | 874185038 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | STOREFRONT |
| AMLAG & QUIBUYEN LLC | ||||||||
| 504 5TH AVENUE S SUITE 107A | SEATTLE | WA | 98104 | 465253758 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| AS THAI CUISINE LLC | ||||||||
| 7809 CLOVER LEAF DRIVE | NORTH RICHLAND HILLS | TX | 76182 | 922805489 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| AUNTIES ALOHA CAFE II LP | ||||||||
| 1425 W ARTESIA BOULEVARD SUITE 17 | GARDENA | CA | 90248 | 832186125 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| BANH MI SAIGON BAGUETTE | ||||||||
| 765 N WICKHAM ROAD UNIT 107 | MELBOURNE | FL | 32935 | 873536852 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| BFW GROUP LLC | ||||||||
| 347 VISTA CREEK DRIVE | STOCKBRIDGE | GA | 30281 | 824914876 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| BH LIFE LLC | ||||||||
| 437 MAONO LOOP | HONOLULU | HI | 96821 | 814519231 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| BHANCHHA GHAR II INC | ||||||||
| 41-11 75TH STREET 3FL | ELMHURST | NY | 11373 | 843043543 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| BOONIE FOODS LLC | ||||||||
| 4919 HOWARD STREET | SKOKIE | IL | 60077 | 853033322 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| BUENO CHI INC | ||||||||
| 11901 SANTA MONICA BOULEVARD 469 | LOS ANGELES | CA | 90025 | 562578044 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| CAPHE ROASTERS LLC | ||||||||
| 3400 J STREET G1 | PHILADELPHIA | PA | 19134 | 824976483 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| COCOBELLA CREAMERY LLC | ||||||||
| 356 DEL AMO BOULEVARD APT A | TORRANCE | CA | 90503 | 814887023 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| DAO THAI RESTAURANT | ||||||||
| 925 N LARRABEE STREET 3N | CHICAGO | IL | 60611 | 363622201 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| DRIP COLLECTIVE LLC | ||||||||
| 172 N RACINE AVENUE | CHICAGO | IL | 60607 | 913516691 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| EVERGREEN FOODS LLC | ||||||||
| 2734 KIMBLETON COURT | HOUSTON | TX | 77082 | 920818494 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| GATHERS TEA BAR LLC | ||||||||
| 1214 W TAYLOR STREET | CHICAGO | IL | 60607 | 834450559 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| GRINDWITTRYZ LLC | ||||||||
| 6616 NE KILLINGSWORTH STREET | PORTLAND | OR | 97218 | 371959126 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| GUERRILLA DINING CONCEPTS | ||||||||
| 8210 EDGEMOOR PLACE | AUSTIN | TX | 78749 | 863635899 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| HAHM JI BACH CATERING SERVICES INC | ||||||||
| 40-16A 150TH STREET | FLUSHING | NY | 11354 | 821183723 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| HAINAN CHICKEN INC | ||||||||
| 100 RIVERSIDE BOULEVARD 15F | NEW YORK | NY | 10069 | 920864095 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| HANDSOME RICE INC | ||||||||
| 133 E 31ST STREET | NEW YORK | NY | 10016 | 831189358 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| HARANA MARKET LLC | ||||||||
| 5125 ROUTE 209 | ACCORD | NY | 12404 | 852701416 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| HARMONY COFFEE BAR | ||||||||
| 610 CENTRAL AVENUE 155 | HIGHLAND PARK | IL | 60035 | 872286239 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| INFINITE NINE LLC | ||||||||
| 4970 N MARINE DRIVE APT 1227 | CHICAGO | IL | 60640 | 920705898 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| ITALIAN EXPRESS CHICAGO LLC | ||||||||
| 2447 W DEVON AVENUE | CHICAGO | IL | 60108 | 853728301 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| JADE RAQUEL INC DBA WHIRED WINE | ||||||||
| 1121 L STREET SUITE 101 | SACRAMENTO | CA | 95814 | 921686657 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| JAN PARK COOKERY LLC | ||||||||
| 3802 N 22ND STREET | TACOMA | WA | 98406 | 823189420 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| JYPG INVESTMENTS LLC | ||||||||
| 320 VIA AMOR PLACE | FULLERTON | CA | 92832 | 842705671 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| KLAI KUNGWAN LLC | ||||||||
| 71 CLINTON STREET | NEW YORK | NY | 10002 | 832803209 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| KOFFETERIA LLC | ||||||||
| 2610 HATTON TERRACE LANE | HOUSTON | TX | 77089 | 833003866 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| KUMRAIMARC LLC | ||||||||
| 1584 1ST AVENUE | NEW YORK | NY | 10028 | 811907697 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| MEE SUM COFFEE SHOP | ||||||||
| 26 PELL STREET GROUND FLOOR | NEW YORK | NY | 10013 | 132590709 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| MINAHASA LLC | ||||||||
| 2116 N WINCHESTER AVENUE 1 | CHICAGO | IL | 60614 | 853578168 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| NHINJA SUSHI LLC | ||||||||
| 4400 S COLTRANE ROAD | EDMOND | OK | 73013 | 833864558 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| NORSANG CAFE INC | ||||||||
| 50-53 42ND STREET 2ND FLOOR | LONG ISLAND CITY | NY | 11104 | 264720087 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| NOVEL PIZZA LLC | ||||||||
| 1759 W 19TH STREET | CHICAGO | IL | 60608 | 882734389 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| PARACHUTE RESTAURANT LLC | ||||||||
| 3500 N ELSTON AVENUE UNIT 1 | CHICAGO | IL | 60618 | 462979063 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| PASTEUR GRILL & NOODLES INC | ||||||||
| 85 BAXTER STREET | NEW YORK | NY | 10013 | 464862813 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| PKR LLC | ||||||||
| 1499 BLAKE STREET 5A | DENVER | CO | 08020 | 851210744 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| POKERAMEN INC | ||||||||
| 429 E HUENEME ROAD | PORT HUENEME | CA | 93041 | 814908734 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| PORK CHOP EXPRESS LLC | ||||||||
| 5425 BELLAIRE BOULEVARD | BELLAIRE | TX | 77401 | 812254174 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| PUCK&SEE | ||||||||
| 2109 S HICKS STREET | PHILADELPHIA | PA | 19145 | 872425510 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| QUACH BROTHERS INC | ||||||||
| 1008 PRAIRIE RIDGE TRAIL | PFLUGERVILLE | TX | 78660 | 742827617 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| RABBIT BOX HOSPITALITY LLC | ||||||||
| 41 ESSEX STREET NORTH STORE | NEW YORK | NY | 10002 | 833596039 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| ROEBLING PIZZA LLC | ||||||||
| 65 SOUTH 11TH STREET APT 4C | BROOKLYN | NY | 11249 | 882845868 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| S&T REVELRY HOLDINGS INC | ||||||||
| 2200A MARKET STREET | SAN FRANCISCO | CA | 94114 | 464729284 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| SCOOP LLC | ||||||||
| 17 AVALON ROAD | STONEHAM | MA | 02180 | 301153373 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| SHORT N SWEET BAKERY MARKET CAFE LL | ||||||||
| 1263 KILAUEA AVENUE 280 | HILO | HI | 96720 | 923393857 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| SPINZER RESTAURANT INC | ||||||||
| 2331 W DEVON AVENUE | CHICAGO | IL | 60659 | 364631421 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| STOCKTON FUSION RESTAURANT | ||||||||
| 2828 W MARCH LANE | STOCKTON | CA | 95219 | 853504981 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| SUGOI SWEETS | ||||||||
| 937 N ASHLAND AVENUE | CHICAGO | IL | 60622 | 830965613 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| SUM BAR LLC | ||||||||
| 307 E WASHINGTON STREET | GREENVILLE | SC | 29601 | 862415413 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| SUNDAY DREAMIN LLC | ||||||||
| 80 2ND AVENUE | NEW YORK | NY | 10003 | 932021342 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| SUSU LEONG LLC | ||||||||
| 13806 N 20TH STREET | PHOENIX | AZ | 85022 | 923420676 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| TASTY DOUX LLC | ||||||||
| 12908 SE 317TH COURT | AUBURN | WA | 98092 | 815104006 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| TERIYAKI PLUS | ||||||||
| 19939 BALLINGER WAY NE B | SHORELINE | WA | 98155 | 473950265 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| THE STAR OF SIAM INC W9 | ||||||||
| 11 E IL STREET 1ST FLOOR | CHICAGO | IL | 60611 | 363303206 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| TJ KIM LLC | ||||||||
| 346 W ARMITAGE AVENUE LOWER LEVEL | CHICAGO | IL | 60641 | 934691429 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| TWO LITTLE DUMPLINGS LLC | ||||||||
| 42 ELLENDALE AVENUE | SELKIRK | NY | 12158 | 853321251 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| UNCLE MIKE'S PLACE | ||||||||
| 1700 W GRAND AVENUE | CHICAGO | IL | 60622 | 363756820 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| UNITED SEASON SEAFOOD LLC | ||||||||
| 4957 WINTERS CHAPEL ROAD B | DUNWOODY | GA | 30360 | 854274837 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| UNITED TEXAS GLOBAL LLC | ||||||||
| 430 HWY 6 SOUTH SUITE 200 | HOUSTON | TX | 77079 | 813474740 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| VERZENAY CHICAGO | ||||||||
| 2507 N LINCOLN AVENUE | CHICAGO | IL | 60614 | 464497973 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| WHISKEY KITCHEN LLC | ||||||||
| 945 ELLIOTT AVENUE W 201 | SEATTLE | WA | 98119 | 991869947 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| WHITE SPRINGS CAFE | ||||||||
| 18 N 1ST AVENUE | ARCADIA | CA | 91006 | 844968621 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| WO HOP 17 INC | ||||||||
| 17 MOTT STREET | NEW YORK | NY | 10013 | 261709416 | $10,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 0 | Total501c3OrgCnt |
| Total Other Org | 74 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | A REPORT IS SENT OUT 6 MONTHS AFTER GRANT FUNDS ARE AWARDED. THE ORGANIZATION ASKS RECIPIENTS TO DESCRIBE HOW THEY USE THE FUNDS AND HOW THE FUNDS HAVE IMPACTED THEIR BUSINESS. RECIPIENTS ARE ALSO REQUIRED TO SUBMIT PHOTOS OF ANY IMPROVEMENTS MADE. THE FOLLOWING IS THE LIST OF QUESTIONS ASKED TO RECIPIENTS: (1)HOW DID YOU USE THE FUNDS? (2)HOW DID THE FUNDS IMPACT YOUR BUSINESS? (3)CAN YOU GIVE ANY SPECIFIC EXAMPLES OF HOW THE FUNDS HELPED YOU ACHIEVE A BUSINESS GOAL OR GROW IN CAPACITY? (4)PLEASE INCLUDE ANY PHOTOS OF IMPROVEMENTS MADE WITH THE FUNDS TO YOUR BUSINESS, OR A PHOTO OF YOU IN FRONT OF YOUR PLACE OF BUSINESS. IF YOU ARE FAMILY-RUN, SHARE A PHOTO OF YOU AND YOUR FAMILY IN THE RESTAURANT. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 3 | THE FOUNDATION DOES NOT DIRECTLY HIRE OR COMPENSATE EMPLOYEES. ALL EMPLOYEES ARE EMPLOYEES OF ASIAN & PACIFIC ISLANDER AMERICAN CHAMBER OF COMMERCE & ENTREPRENEURSHIP (ACE), AN AFFILIATED ORGANIZATION EXEMPT UNDER SECTION 501(C)(6). ACE'S BOARD OF DIRECTORS ESTABLISHES AND APPROVES THE COMPENSATION FOR ITS PRESIDENT & CEO. ACE'S EXECUTIVE/GOVERNANCE COMMITTEE REVIEWS COMPENSATION FINDINGS AND PROVIDES RECOMMENDATIONS AND GUIDANCE ON THE COMPENSATION PACKAGE. AFTER REVIEWING THE REPORT FINDINGS AND CONSIDERING THE DATA REGARDING COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED INDIVIDUALS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS, THE EXECUTIVE/GOVERNANCE COMMITTEE TAKES ACTION AND RECOMMENDS THE COMPENSATION PACKAGE FOR THE PRESIDENT & CEO. THE PROCESS WAS LAST CONDUCTED IN DECEMBER 2023. |
| FORM 990, PART VII, SECTION A, LINE 5 | THE ASIAN & PACIFIC ISLANDER AMERICAN CHAMBER OF COMMERCE & ENTREPRENEURSHIP COMPENSATED CHILING TONG, THE PRESIDENT AND CEO OF THE ACE FOUNDATION. |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 4 | ContributionCnt |
| Noncash Contributions Rpt F990 | $20,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 1 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | THE TOTAL REPRESENTED IN PART I, COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS THAT WERE RECEIVED FOR THE YEAR ENDED DECEMBER 31, 2024. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 3 | THE MANAGEMENT AND ADMINISTRATIVE SERVICES AGREEMENT ("AGREEMENT") IS MADE BY AND BETWEEN THE ASIAN & PACIFIC ISLANDER AMERICAN CHAMBER OF COMMERCE AND ENTREPRENEURSHIP, A DISTRICT OF COLUMBIA NONPROFIT CORPORATION ("ACE") AND THE ACE FOUNDATION, A DISTRICT OF COLUMBIA NONPROFIT CORPORATION (THE "FOUNDATION"). MANAGEMENT AND ADMINISTRATIVE SERVICES INCLUDES, BUT IS NOT LIMITED TO: (A) SUPERVISION OF ALL PERSONS WHO PERFORM COMPENSATED SERVICES ON BEHALF OF THE FOUNDATION (B) ADMINISTRATION OF ALL FUNDS RECEIVED BY THE FOUNDATION (C) MAINTENANCE OF ACCURATE, COMPLETE, AND SEPARATE FINANCIAL RECORDS (D) ACKNOWLEDGMENT OF CONTRIBUTIONS (E) CONTROL |
| FORM 990, PART VI, SECTION B, LINE 11B | FORM 990 IS PREPARED BY OUTSIDE ACCOUNTANTS AND REVIEWED BY THE PRESIDENT & CEO AND THE BOARD OF DIRECTORS BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | IN ADHERENCE TO THE CONFLICT OF INTEREST POLICY, BOARD OF DIRECTORS AND STAFF MUST DISCLOSE ANY CONFLICTS OF INTEREST AND ABSTAIN FROM VOTING ON ANY MATTERS FOR WHICH HE OR SHE HAS A CONFLICT. THE MEMBER WITH A CONFLICT RECUSES HIMSELF OR HERSELF FROM THE DISCUSSION, AND THE REMAINING BOARD MEMBERS RESOLVE THE MATTER IN WHAT IS DEEMED THE BEST INTEREST OF THE FOUNDATION. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE FOUNDATION DOES NOT DIRECTLY HIRE OR COMPENSATE EMPLOYEES. ALL EMPLOYEES ARE EMPLOYEES OF ASIAN & PACIFIC ISLANDER AMERICAN CHAMBER OF COMMERCE & ENTREPRENEURSHIP (ACE), AN AFFILIATED ORGANIZATION EXEMPT UNDER SECTION 501(C)(6). ACE'S BOARD OF DIRECTORS ESTABLISHES AND APPROVES THE COMPENSATION FOR ITS PRESIDENT & CEO. ACE'S EXECUTIVE/GOVERNANCE COMMITTEE REVIEWS COMPENSATION FINDINGS AND PROVIDES RECOMMENDATIONS AND GUIDANCE ON THE COMPENSATION PACKAGE. AFTER REVIEWING THE REPORT FINDINGS AND CONSIDERING THE DATA REGARDING COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED INDIVIDUALS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS, THE EXECUTIVE/GOVERNANCE COMMITTEE TAKES ACTION AND RECOMMENDS THE COMPENSATION PACKAGE FOR THE PRESIDENT & CEO. THE PROCESS WAS LAST CONDUCTED IN DECEMBER 2023. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES AVAILABLE UPON REQUEST THE FOLLOWING: 1. GOVERNING DOCUMENTS 2. CONFLICT OF INTEREST POLICY 3. FINANCIAL STATEMENTS |
| FORM 990, PART XII, LINE 2C: | THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |