Asianweek Foundation EIN 20-1719535 Form 990 (PDF) Claim this org

Asianweek Foundation FY2021 filing

Not yet claimed Claim this org →

Fosters understanding and appreciation of diversity across cultures, strengthening relationships within and between Asian Pacific Islander communities. For fiscal year 2021 it reported $176K in revenue, $139K in expenses, and $125K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
San Francisco, CA
Website
www.asianweekfoundation.org
Filings
5 on file (2020–2021)
Revenue
$176KFY2021
Expenses
$139K
Net assets
$125K
People
5
Filings
5
Updates
0
More identity details & actions ⌄
EIN  20-1719535 Public charity (501(c)(3)) San Francisco, CA
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Asianweek Foundation claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Fosters understanding and appreciation of diversity across cultures, strengthening relationships within and between Asian Pacific Islander communities.
Leadership
Teddy Fang · Chairman/Executive Director
Money in and out
$176K revenue, $139K expenses
Bottom line
85% program efficiency
Where the money goes · FY2021
Total revenue
$176K
Pt VIII · Ln 12
Total expenses
$139K
Pt IX · Ln 25
Net assets
$125K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $37K
Where spending went · Part IX cols B–D
Program services $0.85 Management & general $0.11 Fundraising $0.04
Program efficiency
85%
of spending reaches programs
Operating runway
11.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+21%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$176K
FY2021▲ +33%
Expenses
$139K
FY2021▲ +71%
Total assets
$128K
FY2021▲ +48%
Total liabilities
$3K
FY2021▼ -37%
Total revenue
$176K
Pt VIII · Ln 12
Total expenses
$139K
Pt IX · Ln 25
Net assets
$125K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$37K
Total assetsPt X · Ln 16$128K
Program-expense ratioPt IX · col B85%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAsianweek Foundation
EINHdr · item D20-1719535
Principal addressHdr · item CSan Francisco, CA
WebsiteHdr · item Jwww.asianweekfoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P84)
Ruling yearIRS BMFJan 2005

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Chairman/Executive Director
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Asianweek Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Mission & Programs · Part III

Where the work happens

3 program services account for $118K of program spending, described in the organization's own filed words · FY2021.
01

Florence Fang Community Farm

The largest community farm in san francisco, providing fresh food, healthy activities, and community building to asians and black residents living in san francisco's most underserved neighborhood.

$45Kprogram expense
02

Gardening Youth Stem Program

Teaching youth (4TH-6TH graders) about food sovereignty principles, growing your own food, and offering real-life experience for youth to practice their stem learning.

$44Kprogram expense
03

Asianweek Database Project

Digitizing 30 issues of asianweek newspaper, the first and largest newspaper covering the news of the asian american community. The database makes all the stories and pictures available to the public, promoting and disseminating asian american history post 1965.

$29Kprogram expense

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Contributions & grants$133K · 76%
Program service revenue$40K · 23%
Other revenue$3K · 1%
Contributions & grants76%$133K
Program service revenue23%$40K
Other revenue1%$3K
— government grantsLn 1e$42K
Total revenueLn 12$176K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.85 Management & general $0.11 Fundraising $0.04
Program services85%$118K
Management & general11%$16K
Fundraising4%$5K
Total functional expensesLn 25$139K

Balance Sheet

Part X · end of year
CashLn 1$128K
Total assetsLn 16$128K
Total liabilitiesLn 26$3K
Total net assetsLn 32$125K
Months of cash on handcomputed11.0

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $128K · Operating expenses/yr $139K
11.0 months
Where the money goes
Program services
Program services $118K · Total expenses $139K
85%
Management & General
Management & general $16K · Total expenses $139K
11%
Fundraising
Fundraising $5K · Total expenses $139K
4%
Cost to raise $1
Fundraising expense (2-yr avg) $10K · Solicited contributions (2-yr avg) $112K
$0.09 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $133K · Total revenue $176K
76%
Government reliance
Government grants $42K · Total revenue $176K
24%
Earned-income share
Program service revenue $40K · Total revenue $176K
23%
Investment reliance
Investment income $0 · Total revenue $176K
0%
Program self-sufficiency
Program service revenue $40K · Total expenses $139K
29%
Growth & trend
Revenue growth (YoY)
This year $176K · Prior year $132K
+33%
Net-asset trend (YoY)
End of year $125K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $176K · Expenses $139K
+21%
Liabilities-to-Assets
Total liabilities — · Total assets $128K
Net-asset ratio
Net assets $125K · Total assets $128K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $128K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Teddy Fang · Reported title CHAIRMAN/EXECUTIVE DIRECTOR · Highest reported compensation $0 · Total expenses $139K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $139K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 85%
Overhead ratio 11%
Fundraising cost ratio 4%
Revenue growth 33%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$5K
Grants paid · 3 grants · $147K · 2022–2024
Foundation for Filipino ArtsFY2024$48,000
Foundation for Filipino ArtsFY2023$27,500
Foundation for Filipino Arts and EventsFY2022$71,500

Similar Organizations

Closest in mission — by what they do
See all organizations like Asianweek Foundation →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$857K revenue · ⤓ 990 PDF
FY2023$349K revenue · ⤓ 990 PDF
FY2022$545K revenue · ⤓ 990 PDF
FY2021$176K revenue · viewing · ⤓ 990 PDF
FY2020$132K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.