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ASSOCIATION FOR CHINESE AMERICAN ENRICHMENT INC

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Tax-exempt status may be revoked

ASSOCIATION FOR CHINESE AMERICAN ENRICHMENT INC

EIN 11-3332975

What they do

EDUCATIONAL. CULTURAL and PHILOSOPHICAL BRIDGE BETWEEN USA and CHINA WITH EMPHASIS ON PRESERVATION of TAOIST HEALING ARTS and HEALING ARTS TRADITIONS. THE ORGANIZATION WAS STARTED IN NEW YORK STATE IN 1996 and OVER THE YEARS HAS BROUGHT A TEAM of PRACTITIONERS THAT TOURED COLORADO, TEXAS and CALIFORNIA. THE ORGANIZATION HAS ALSO HELD THE UNIVERSAL CONSCIOUSNESS FESTIVAL IN COLORADO WITH THE INTENTION to EDUCATION ON THE INDIGENOUS HEALING TRADITIONS. THE ORGANIZATION HAS HELP and SUPPORTED ORPHANAGES, UNDERPRIVILEGED KIDS to OBTAIN AN EDUCATION, HAS HELD FUNDRAISING EVENTS SPONSORING USA HEALTH and WELLNESS. HAS TAUGHT TAI CHI IN COMMUNITY and HAS HELPED to BRING THE GAP WITH EDUCATION. THE ORGANIZATION INVESTED IN A FACILITY IN COLORADO to BUILD AN EDUCATION CENTER for UNDERPRIVILEGED MINORS. THE CENTER LOCATED IN ESTES PARK is VIEWED AS THE FUTURE SITE of AN ACADEMY to HELP THOSE IN NEED. THE MISSION of THE BOARD MEMBERS and THE VOLUNTEERS is to SEE THAT THE YOUTH ARE SUPPORTED NOW

Before you give

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Stop and check first

This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2019The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders3 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$34,181.52spent for every $100 of revenueSpending was higher than revenue this year.
34,181.52%of revenue went to management and office costs100.0% of expenses
$23.36in assets for every $1 spent this yearSome assets cannot be spent right away.

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  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $125,420 this year. Ask whether that was planned or caused by a one-time event.

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Money

Financial picture

Tax year 2019

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$368
Mission workProgram services0.00% of revenue0.0% of expenses
ManagementOffice and general costs$125,78834,181.52% of revenue100.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$125,78834,181.52% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Money in and money out

Revenue$368
Expenses$125,788
Annual shortfall $125,420 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Management and office costs$125,788 · 100.0% of expenses
See all reported dollar amounts
Revenue$368
Expenses$125,788
Assets$2,938,700
Management and general$125,788
Stocks and bonds$24,948
People

Leadership and board

Tax year 2019

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (3)

KRISTINA NALDJIANTREASURER

REUBEN STAISHEVSKYHONORARY PRESIDENT

YUN XIANG TSENGPRESIDENT

About this charity

Location
6120 hIGHWAY 7, ESTES PARK, CO 80517
County
Larimer
In care of
kristina naldjian
Primary officer
kristina naldjian, treasurer

How to reach them

Filing and classification

Latest tax year
2019
Tax period began
January 1, 2019
Return type
990
Revocation date
May 15, 2023

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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