COLORADO ASIAN CULTURE AND EDUCATION NETWORK

EIN: 264157056 501(c)(3) Arts, Culture & Humanities

Aurora, CO

Total Revenue
$60,378
Total Expenses
$167,255
Total Assets
$1,282,616
Net Assets
$1,282,616
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
CO
Principal Officer
ANNIE VANDAN
Phone
3039376888
Tax Period
2023-01-01 to 2023-12-31

COLORADO ASIAN CULTURE AND EDUCATION NETWORK, founded in 2009, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $60K in total revenue in fiscal year 2023. Revenue fell 70% from the prior year — a significant decline worth monitoring. Expenses of $167K exceeded revenue, resulting in a 177% operating deficit.

Mission

CACEN BUILDS BRIDGES OF UNDERSTANDING BETWEEN ASIAN COMMUNITIES IN COLORADO AND EQUITABLE SPACES BY PROVIDING CULTURAL EDUCATION PROGRAMS SUCH AS CIVIC ENGAGEMENT TRAININGS, MENTAL HEALTH WORKSHOPS, AND COMMUNITY EVENTS.

Program Service Accomplishments

Program 1
Expenses: $30,000

CACEN CONDUCTED A CIVIC ENGAGEMENT AMBASSADOR PROGRAM TO TRAIN ASIAN COMMUNITY MEMBERS ON THE IMPORTANCE OF CIVIC PARTICIPATION, HOW THE GOVERNMENT WORKS, AND WAYS TO GET INVOLVED. PARTICIPANTS...

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CACEN CONDUCTED A CIVIC ENGAGEMENT AMBASSADOR PROGRAM TO TRAIN ASIAN COMMUNITY MEMBERS ON THE IMPORTANCE OF CIVIC PARTICIPATION, HOW THE GOVERNMENT WORKS, AND WAYS TO GET INVOLVED. PARTICIPANTS RECEIVED A STIPEND FOR COMPLETION OF THE PROGRAM AND FOR THEIR FUTURE COMMITMENT TO ENGAGE IN SERVICE EVENTS SUCH AS VOTER OUTREACH AND CIVIC ENGAGEMENT EDUCATION.

Program 2
Expenses: $12,500 Revenue: $3,000

CACEN ORGANIZED CULTURAL PROGRAMS FOR THE COMMUNITY TO GATHER AND CELEBRATE, INCLUDING LUNAR NEW YEAR CELEBRATIONS, ANNUAL ASIAN HERO OF COLORADO AWARDS DURING ASIAN HERITAGE MONTH, DONATION DRIVES...

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CACEN ORGANIZED CULTURAL PROGRAMS FOR THE COMMUNITY TO GATHER AND CELEBRATE, INCLUDING LUNAR NEW YEAR CELEBRATIONS, ANNUAL ASIAN HERO OF COLORADO AWARDS DURING ASIAN HERITAGE MONTH, DONATION DRIVES FOR SENIOR CITIZENS AND REFUGEE FAMILIES, WINTER WONDERLAND FOR YOUTH, ETC.

Program 3
Expenses: $1,200

CACEN PROVIDED PROGRAMS IN RESPONSE TO COMMUNITY TRAUMA AND NEEDS INCLUDING: A COMMUNITY VIGIL FOR THE SHOOTINGS IN MONTEREY PARK AND HALF MOON BAY, HEALING CIRCLES, SELF-DEFENSE WORKSHOP...

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CACEN PROVIDED PROGRAMS IN RESPONSE TO COMMUNITY TRAUMA AND NEEDS INCLUDING: A COMMUNITY VIGIL FOR THE SHOOTINGS IN MONTEREY PARK AND HALF MOON BAY, HEALING CIRCLES, SELF-DEFENSE WORKSHOP, AFFIRMATIVE ACTION EDUCATION AND DIALOGUE, ETC. CACEN CONTINUED TO LISTEN TO THE CONCERNS OF THE COMMUNITY IN ORDER TO ADAPT QUICKLY AND PROVIDE TIMELY SUPPORT TO ADDRESS CURRENT CHALLENGES.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $56,810
Program Service Revenue $0
Investment Income $3,568
Other Revenue $0
TOTAL REVENUE $60,378

Expense Breakdown

Grants Paid $4,750
Salaries & Benefits $99,129
Fundraising Expenses $0
Program Expenses $43,700
Other Expenses $63,376
TOTAL EXPENSES $167,255

Year-over-Year Comparison

2023 2022 Change
Revenue $60,378 $200,178 -0.7%
Expenses $167,255 $125,360 +0.3%
Net Income $-106,877 $74,818 -2.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$79,264
Total Directors
0
$0
Key Employees
2
$81,564
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANNIE GUO VANDAN EXECUTIVE DIRECTOR 40.00
Officer Key Emp Highest
$79,264 $0 $79,264
MARY SCHULTZ CONTRACTOR 10.00
Key Emp
$2,300 $0 $2,300
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $60,378 $167,255 $1,282,616 $-106,877
2022 $200,178 $125,360 $1,389,494 $74,818
2021 $1,361,710 $70,546 $1,314,680 $1,291,164
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