Asian Resources INC FY2020 filing

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Employment and training services

501(c)(3) charity; gifts are tax-deductible.
90¢ of each $1 spent went to programs.
$152K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $800K a year · 18% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
90%
of spending
Looks good: 90% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$152K
to officers and key staff · 8% of spending
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
7 mo
of spending, in cash
Looks good: 7.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
12
named funders · $538K
Looks good: 12 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$2.6M
45% of total assets
Looks good: liabilities are 45% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.7M
Spent
$2.0M
To programs
90%
Net assets
$3.2M
By yearFY2020–FY2025
Revenue
$3.7M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$3.7M
FY2021$4.9M
FY2022$5.3M
FY2023$5.2M
FY2024$4.0M
FY2025$3.9M
Expenses
$2.0M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$2.0M
FY2021$3.4M
FY2022$4.4M
FY2023$4.7M
FY2024$4.0M
FY2025$3.8M
Net assets
$3.2M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$3.2M
FY2021$4.8M
FY2022$4.9M
FY2023$5.5M
FY2024$5.7M
FY2025$5.9M

From the FY2020 Form 990 (year ending September 2020) · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1980.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

90 cents of each dollar spent went to programs.

Program services 90% · $1.8M Management & general 10% · $192K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

13 people listed on the 990; $152K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Executive Director
$152,463Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director at Large
$0Pt VII · Sec A
Director at Large
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Director at Large
$0Pt VII · Sec A

Rejie Marie Baloyos’s $143K as Executive Director is at the 49th percentile of top reported officer pay among 3128 $1–10M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Stephanie Nguyen——$286,180$218,581$153,558$152,463
Rejie Marie Baloyos$142,946$137,927$112,446———
Doreena Wong$115,911$127,437————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Asian Resources INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides job training and employment assistance to help people find work.

Questions for Asian Resources INC

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1 program · $1.8M · in their own filed words · FY2019
01

The Agency Has Three Principal Areas of Services

Employment, training, and community services. In employment services, specialists assist clients by preparing them for work through resume, interviewing, and application assistance. In training, the agency provides employment development such as how to find, keep, and grow in a job, as well as life skills.

$1.8Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 12 funders →
Grants paid · 123 grants · $2.4M · 2020–2024
OcapicaCA · FY2024$41,084
The Fresno CenterCA · FY2024$23,334
South Asian Network INCCA · FY2024$18,875
Dignity HealthAZ · FY2024$18,875
Oca SacramentoCA · FY2024$14,000
Tofa of Sacramento INCCA · FY2024$10,000
Asian Pacific Islander Forward MovementCA · FY2024$10,000
Africa House Sacramento INCCA · FY2024$10,000
OcapicaCA · FY2023$48,916
See all 123 grants →

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Sep 2025 · $2.2M federal money spent
Refugee and Entrant Assistance State/Replacement Designee Administered ProgramsDepartment of Health and Human Services · ALN 93.566 · Through Sacramento Employment and Training Agency: Refugee and Entrant Assistance - State-Administered Programs$1.1M
Wioa Adult ProgramDepartment of Labor · ALN 17.258 · Through Sacramento Employment and Training Agency$393K
Community Programs to Improve Minority HealthDepartment of Health and Human Services · ALN 93.137 · Direct$377K
Wioa Youth ActivitiesDepartment of Labor · ALN 17.259 · Through Sacramento Employment and Training Agency$269K
Connecting Minority Communities Pilot ProgramDepartment of Commerce · ALN 11.028 · Through University Enterprises, INC., California State University, Sacramento$56K

The auditor reported no findings.

Year ending Sep 2024 · $2.1M federal money spent
Refugee and Entrant Assistance State/Replacement Designee Administered ProgramsDepartment of Health and Human Services · ALN 93.566 · Through Sacramento Employment and Training Agency:refugee and Entrant Assistance$1.1M
Wioa Adult ProgramDepartment of Labor · ALN 17.258 · Through Sacramento Employment and Training Agency: Workforce Innovation and Opportunity Act (wioa) Cluster$394K
Community Programs to Improve Minority HealthDepartment of Health and Human Services · ALN 93.137 · Direct$375K
Wioa Youth ActivitiesDepartment of Labor · ALN 17.259 · Through Sacramento Employment and Training Agency: Workforce Innovation and Opportunity Act (wioa) Cluster$241K
Connecting Minority Communities Pilot ProgramDepartment of Commerce · ALN 11.028 · Through University Enterprises, INC., California State University, Sacramento$24K

The auditor reported no findings.

Year ending Sep 2023 · $2.0M federal money spent
Refugee and Entrant Assistance_state Administered ProgramsDepartment of Health and Human Services · ALN 93.566 · Through Sacramento Employment and Training Agency$1.0M
Community Programs to Improve Minority Health Grant ProgramDepartment of Health and Human Services · ALN 93.137 · Direct$375K
Wia Adult ProgramDepartment of Labor · ALN 17.258 · Through Sacramento Employment and Training Agency$251K
Wia Youth ActivitiesDepartment of Labor · ALN 17.259 · Through Sacramento Employment and Training Agency$146K
Epidemiology and Laboratory Capacity for Infectious Diseases (elc)Department of Health and Human Services · ALN 93.323 · Through Sierra Health Foundation: Center for Health Program Management$121K

Plus 1 smaller program.

The auditor reported no findings.

Year ending Sep 2022 · $2.4M federal money spent
Refugee Employment Social Services-Rss/VeslDepartment of Health and Human Services · ALN 93.566 · Through Sacramento Employment and Training Agency$1.3M
Covid 19 Collab Resource Coordinator ProgramDepartment of Health and Human Services · ALN 93.323 · Through Sierra Health Foundation: Center for Health Program Management$275K
Temporary Assistance for Needy FamiliesDepartment of Health and Human Services · ALN 93.558 · Through County of Sacramento$241K
Covid-19 Immunization Cooperatives AgreementsDepartment of Health and Human Services · ALN 93.268 · Through Sierra Health Foundation: Center for Health Program Management$228K
Wioa Adult Basic and Individual Career ServicesDepartment of Labor · ALN 17.258 · Through Sacramento Employment and Training Agency$193K

Plus 2 smaller programs.

The auditor reported no findings.

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$3.7M
Ln 12
Gifts and grantsLn 1h$3.6M
Other incomeLn 4–11$42K
Investment incomeLn 3$3K
Money outPt IX
$2.0M
Ln 25
Programscol B$1.8M
Managementcol C$192K
Owns and owesPt X
$3.2M
net assets · Ln 32
Cash and savingsLn 1–2$1.2M
Total assetsLn 16$5.9M
LiabilitiesLn 26$2.6M
PeoplePt VI, VII
13
listed · VII A
PaidVII A1
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.6M
Government grantsLn 1e$1.2M
Noncash giftsLn 1g$1.0M
Fundraising eventsLn 1c$4K
Investment incomeLn 3$3K
Other incomeLn 4–11$42K
Gains on assetsLn 7$1K
Total revenueLn 12$3.7M
Assets in detailPt X, end of year
CashLn 1$1.2M
Cash and savings togetherLn 1–2$1.2M
Pledges and grants receivableLn 3$667K
Prepaid expenses and deferred chargesLn 9$29K
Land, buildings, equipmentLn 10c$3.8M
InvestmentsLn 11–13$137K
Total assetsLn 16$5.9M
LiabilitiesLn 26$2.6M
Net assetsLn 32$3.2M
OperationsPt I, VI
EmployeesI 575
VolunteersI 640
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
Abroad and in kindSch F, M
Noncash gifts receivedSch M Pt I$1.0M
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$990K$1.2M
InvestmentsLn 11–13$99K$137K
Land, buildings, equipmentLn 10c$15K$3.8M
Total assetsLn 16$1.6M$5.9M
LiabilitiesLn 26$158K$2.6M
Net assetsLn 32$1.5M$3.2M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$173K$170K$2K
Other salaries and wagesLn 7$971K$959K$13K
Other employee benefitsLn 9$131K$130K$2K
Payroll taxesLn 10$107K$105K$1K
Legal feesLn 11b$3K$3K$516
Accounting feesLn 11c$47K$40K$7K
Investment management feesLn 11f$382$382
Other fees for servicesLn 11g$33K$28K$5K
Office expensesLn 13$88K$51K$37K
OccupancyLn 16$92K$92K
TravelLn 17$20K$11K$9K
Conferences, conventions and meetingsLn 19$7K$2K$6K
InterestLn 20$39K$6K$34K
Depreciation, depletion and amortizationLn 22$9K$9K
InsuranceLn 23$28K$24K$3K
Other expenses (24a–d)Ln 24$226K$173K$53K
All other expensesLn 24e$11K$11K
Total functional expensesLn 25$2.0M$1.8M$192K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Aug 10, 2026 $3.9M$3.8M$120K$5.9M 990 PDF
FY2024Filed with the IRS Aug 15, 2025 $4.0M$4.0M$50K$5.7M 990 PDF
FY2023Filed with the IRS Jul 2, 2024 $5.2M$4.7M$510K$5.5M 990 PDF
FY2022Filed with the IRS Aug 15, 2023 $5.3M$4.4M$912K$4.9M 990 PDF
FY2021Filed with the IRS Aug 15, 2022 $4.9M$3.4M$1.5M$4.8M 990 PDF
FY2020 ViewingFiled with the IRS Aug 13, 2021 $3.7M$2.0M$1.7M$3.2M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash J · Pay O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $3,681,893 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,363,098$3,637,578
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $1,552$2,781
I-11 Other revenuePrior year $62,402$41,534
I-12 Total revenuePrior year $2,427,052$3,681,893
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,308,057$1,381,767
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $565,570$604,083
I-18 Total expensesPrior year $1,873,627$1,985,850
I-19 Revenue less expensesPrior year $553,425$1,696,043
Part VI · Governance 12 of 12 board members independent, no flags
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $3,681,893 across 9 lines filed
VIII-1c Fundraising events$3,925
VIII-1e Government grants$1,156,236
VIII-1f All other contributions, gifts and grants$2,477,417
VIII-1g Noncash contributions (included above)$1,020,000
VIII-1h Total contributions, gifts and grants$3,637,578
VIII-3 Investment incomeExcluded from tax $1,737$1,737
VIII-7 Net gain or loss on sales of assetsExcluded from tax $1,044$1,044
VIII-8 Net income from fundraising eventsExcluded from tax $41,534$41,534
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $44,315$3,681,893
Part IX · Statement of functional expenses $1,985,850 across 17 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $170,325 · Management $2,280$172,605
IX-7 Other salaries and wagesPrograms $958,532 · Management $12,832$971,364
IX-9 Other employee benefitsPrograms $129,560 · Management $1,734$131,294
IX-10 Payroll taxesPrograms $105,097 · Management $1,407$106,504
IX-11b Legal feesPrograms $2,901 · Management $516$3,417
IX-11c Accounting feesPrograms $39,699 · Management $7,068$46,767
IX-11f Investment management feesPrograms $382$382
IX-11g Other fees for servicesPrograms $28,259 · Management $5,031$33,290
IX-13 Office expensesPrograms $50,873 · Management $37,297$88,170
IX-16 OccupancyPrograms $91,870$91,870
IX-17 TravelPrograms $11,339 · Management $8,754$20,093
IX-19 Conferences, conventions and meetingsPrograms $1,518 · Management $5,541$7,059
IX-20 InterestPrograms $5,753 · Management $33,611$39,364
IX-22 Depreciation, depletion and amortizationManagement $8,828$8,828
IX-23 InsurancePrograms $24,476 · Management $3,279$27,755
IX-24 Other expenses (24a–d)Programs $173,437 · Management $52,721$226,158
IX-24e All other expensesManagement $10,930$10,930
IX-25 Total functional expensesPrograms $1,794,021 · Management $191,829 · Fundraising $0$1,985,850
Part X · Balance sheet $5,870,210 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $989,710$1,221,137
X-3 Pledges and grants receivableStart of year $493,487$666,613
X-9 Prepaid expenses and deferred chargesStart of year $50,725$29,316
X-10c Land, buildings and equipment, netStart of year $15,406$3,815,980
X-11 Publicly traded securitiesStart of year $98,951$137,164
X-16 Total assetsStart of year $1,648,279$5,870,210
X-17 Accounts payable and accrued expensesStart of year $127,610$209,207
X-24 Unsecured notes and loans payable$2,124,689
X-25 Other liabilitiesStart of year $0$314,027
X-26 Total liabilitiesStart of year $158,063$2,647,923
X-27 Net assets without donor restrictionsStart of year $1,490,216$3,222,287
X-32 Total net assets or fund balancesStart of year $1,490,216$3,222,287
X-33 Total liabilities and net assetsStart of year $1,648,279$5,870,210
Part XI · Reconciliation of net assets $3,222,287 net assets at year end
XI-1 Total revenue$3,681,893
XI-2 Total expenses$1,985,850
XI-3 Revenue less expenses$1,696,043
XI-4 Net assets at start of year$1,490,216
XI-5 Net unrealized gains (losses) on investments$36,028
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$3,222,287

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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