ASIAN FOCUS CORPORATION

EIN: 270167019 501(c)(3) Arts, Culture & Humanities

MORRISVILLE, NC

Total Revenue
$81,327
Total Expenses
$20,106
Total Assets
$557,977
Net Assets
$557,977
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
NC
Principal Officer
CHRISTIN LAI
Phone
9194341210
Tax Period
2024-01-01 to 2024-12-31

ASIAN FOCUS CORPORATION, founded in 2009, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $81K in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. The organization ran a surplus of $61K, a strong 75% operating margin.

Mission

Promote Integration of Asian Community. The most significant activity is : Asia Festival which including dragon boat racing, food, cultural exhibits to celebrate Asian Culture and diversity.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $30,603
Program Service Revenue $0
Investment Income $11,597
Other Revenue $39,127
TOTAL REVENUE $81,327

Expense Breakdown

Grants Paid $4,263
Salaries & Benefits $0
Fundraising Expenses $4,755
Program Expenses $4,263
Other Expenses $15,843
TOTAL EXPENSES $20,106

Year-over-Year Comparison

2024 2023 Change
Revenue $81,327 $99,406 -0.2%
Expenses $20,106 $14,493 +0.4%
Net Income $61,221 $84,913 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
105

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
2
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
YUN-LIEH CHUU PRESIDENT 40.00
Officer Director
$0 $0 $0
CHRISTIN LAI TREASURE 30.00
Officer Director
$0 $0 $0
RAJESH YARLAGADDA VP-OUTREACH LIAISON 5.00
Director
$0 $0 $0
THO NGUYEN DIRECTOR-CORP RELATIONS 10.00
Director
$0 $0 $0
IRIS YIM DIRECTOR OF ORG & MARKETING 5.00
Director
$0 $0 $0
ETHAN LIN DIRECTOR OF OPERATIONS 15.00
Director
$0 $0 $0
ALBERT CHUNG DIRECTOR OF LOGISTICS 10.00
Director
$0 $0 $0
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
2024 $81,327 $20,106 $557,977 $61,221
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