ASIAN AMERICAN RESOURCE FOUNDATION INC: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: ASIAN AMERICAN RESOURCE FOUNDATION INC (EIN 58-2321987)
Tax period: 2010-01-01 to 2010-12-31
Filed: 2011-05-14
IRS object ID: 201131349349300518
Schema version: 2010v3.2
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
Form 990
Schedule A
Schedule B
Schedule D
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-05-14T15:01:38-05:00	Timestamp
Tax Period End Date	2010-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	WESLEY & ASSOCIATES ATLANTA CO	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	3700 CRESTWOOD PARKWAY STE 380	AddressLine1
City	DULUTH	City
State	GA	State
ZIP Code	30096	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2010-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	582321987	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	ASIAN AMERICAN RESOURCE FOUNDATION	BusinessNameLine1
Business Name Line2	INC	BusinessNameLine2

Field	Value	IRS element (for citing)
Name Control	ASIA	NameControl
Phone	7702700663	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2855 ROLLING PIN LANE	AddressLine1
City	SUWANEE	City
State	GA	State
ZIP Code	30024	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	CONNIE JEE	Name
Title	PRESIDENT	Title
Phone	7702700663	Phone
Date Signed	2011-04-26	DateSigned

Preparer Preparer

Field	Value	IRS element (for citing)
Name	TAEWOO YUN CPA	Name
Phone	7704511850	Phone
Date Prepared	2011-05-14	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2010	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Gross Receipts	430831	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.AARC-ATLANTA.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1997	YearFormation
State Legal Domicile	GA	StateLegalDomicile
Activity Or Mission Description	PROVIDES EDUCATION TO THE UNSKILLED PEOPLE WITH STATE GRANT AND SUPPORT SHELTER FOR HOMELESS OR THE POOR WITH FEDERAL HUD GRANT.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	12	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	0	NbrIndependentVotingMembers
Total Nbr Employees	6	TotalNbrEmployees
Total Nbr Volunteers	10	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	278945	ContributionsGrantsPriorYear
Contributions Grants Current Year	391142	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	37334	ProgramServiceRevenuePriorYear
Program Service Revenue CY	35098	ProgramServiceRevenueCY
Investment Income Current Year	0	InvestmentIncomeCurrentYear
Other Revenue Current Year	4591	OtherRevenueCurrentYear
Total Revenue Prior Year	316279	TotalRevenuePriorYear
Total Revenue Current Year	430831	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	52608	SalariesEtcPriorYear
Salaries Etc Current Year	91050	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	292994	OtherExpensePriorYear
Other Expenses Current Year	324237	OtherExpensesCurrentYear
Total Expenses Prior Year	345602	TotalExpensesPriorYear
Total Expenses Current Year	415287	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-29323	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	15544	RevenuesLessExpensesCY
Total Assets BOY	22262	TotalAssetsBOY
Total Assets EOY	39959	TotalAssetsEOY
Total Liabilities BOY	1815	TotalLiabilitiesBOY
Total Liabilities EOY	3968	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	20447	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	35991	NetAssetsOrFundBalancesEOY
Mission Description	PROVIDES EDUCATION TO THE UNSKILLED PEOPLE WITH STATE GRANT AND SUPPORT SHELTER FOR HOMELESS OR THE POOR WITH FEDERAL HUD GRANT.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	319570	Expense
Description	PROVIDED EDUCATION TO THE UNSKILLED PEOPLE WITH STATE GRANT AND SUPPORTED SHELTER FOR HOMELESS OR THE POOR WITH FEDERAL HUD GRANT.	Description
Total Program Service Expense	319570	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	false	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	false	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	false	ScheduleORequired
Number Forms Transmitted With1096	27	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	false	ComplianceWithBackupWitholding
Number Of Employees	6	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Indoor Tanning Services	false	IndoorTanningServices
Nbr Voting Governing Body Members	12	NbrVotingGoverningBodyMembers
Number Independent Voting Members	0	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	false	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	false	ConflictOfInterestPolicy
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	false	DocumentRetentionPolicy
Compensation Process CEO	false	CompensationProcessCEO
Compensation Process Other	false	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	WESLEY & ASSOCIATES CPA	BusinessNameLine1

Field	Value	IRS element (for citing)
Telephone Number	7704511850	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	3700 CRESTWOOD PKWY STE 380	AddressLine1
City	DULUTH	City
State	GA	State
ZIP Code	30096	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA

Field	Value	IRS element (for citing)
Name Person	CONNIE JEE	NamePerson
Title	PRESIDENT	Title
Average Hours Per Week	40.00	AverageHoursPerWeek
Officer	X	Officer
Reportable Comp From Organization	40008	ReportableCompFromOrganization
Reportable Comp From Related Orgs	0	ReportableCompFromRelatedOrgs
Other Compensation	0	OtherCompensation

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	40008	TotalReportableCompFromOrg
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
Government Grants	249187	GovernmentGrants
All Other Contributions	141955	AllOtherContributions
Total Contributions	391142	TotalContributions

Program Service Revenue ProgramServiceRevenue (2 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
TEMPORARY HOUSING & OTHER	611710	32249	32249
COUNSELING & ENGLISH CLASS	721000	2849	2849

Field	Value	IRS element (for citing)
Total Program Service Revenue	35098	TotalProgramServiceRevenue

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	REFUND AND REBATE	Description
Total Revenue Column	4591	TotalRevenueColumn
Related Or Exempt Function Income	4591	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Other Revenue	4591	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	430831	TotalRevenueColumn
Related Or Exempt Function Income	39689	RelatedOrExemptFunctionIncome

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	76736	Total
Program Services	56732	ProgramServices
Management And General	20004	ManagementAndGeneral

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	1200	Total
Management And General	1200	ManagementAndGeneral

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	13114	Total
Management And General	13114	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	7033	Total
Management And General	7033	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	281595	Total
Program Services	262838	ProgramServices
Management And General	18757	ManagementAndGeneral

Advertising Advertising

Field	Value	IRS element (for citing)
Total	25	Total
Management And General	25	ManagementAndGeneral

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	1733	Total
Management And General	1733	ManagementAndGeneral

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	26010	Total
Management And General	26010	ManagementAndGeneral

Travel Travel

Field	Value	IRS element (for citing)
Total	3931	Total
Management And General	3931	ManagementAndGeneral

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	2612	Total
Management And General	2612	ManagementAndGeneral

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	1298	Total
Management And General	1298	ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	415287	Total
Program Services	319570	ProgramServices
Management And General	95717	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	15746	BOY
EOY	34741	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	3000	BOY
EOY	3000	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	15087	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	12869	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	3516	BOY
EOY	2218	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	22262	BOY
EOY	39959	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	1815	BOY
EOY	3968	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	1815	BOY
EOY	3968	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	20447	BOY
EOY	35991	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	20447	BOY
EOY	35991	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	22262	BOY
EOY	39959	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	15544	ReconcilationRevenueExpenses
Method Of Accounting Cash	X	MethodOfAccountingCash
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	false	FSAudited

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org170b1 Avi	X	PubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	214759	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	278791	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	289136	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	278945	CurrentTaxYearMinus1Year
Current Tax Year	391142	CurrentTaxYear
Total	1452773	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	214759	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	278791	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	289136	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	278945	CurrentTaxYearMinus1Year
Current Tax Year	391142	CurrentTaxYear
Total	1452773	Total

Field	Value	IRS element (for citing)
Public Support Total170	1452773	PublicSupportTotal170
Total Support	1452773	TotalSupport
Gross Receipts From Admissions Etc	39689	GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage170	1.00000	PublicSupportPertcentage170
Public Support Pertcent Prior Year	1.00000	PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170	X	ThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

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)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Disclosed Orgs Legal Control	false	DisclosedOrgsLegalControl
Disclosed For Charitable Purposes	false	DisclosedForCharitablePurposes
Written Policy Monitoring	false	WrittenPolicyMonitoring
Sect170h Requirements Satisfied	false	Sect170hRequirementsSatisfied
Solicited Assets For Sale	false	SolicitedAssetsForSale
Agent Trustee Etc	false	AgentTrusteeEtc
Included On FS	false	IncludedOnFS
Endowments Held By Unrelated Orgs	false	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	false	EndowmentsHeldByRelatedOrgs
Are Related Orgs Listed Schedule R	false	AreRelatedOrgsListedScheduleR

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	15087	OtherCostOrOtherBasis
Depreciation	12869	Depreciation
Book Value	2218	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	2218	TotalOfBookValueLandBuildings

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	NO REVIEW WAS OR WILL BE CONDUCTED.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	NO DOCUMENTS AVAILABLE TO THE PUBLIC