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ASIAN COMMUNITY DEVELOPMENT CORPORATION
ASIAN COMMUNITY DEVELOPMENT CORPORATION
BOSTON, MA, US
•
501(c)(3)
•
EIN
04-2988263
•
WWW.ASIANCDC.ORG
•
Women Led
BIPOC Led
LGBTQ+ Led
ASIAN COMMUNITY DEVELOPMENT CORPORATION
BOSTON, MA, US
•
501(c)(3)
•
EIN
04-2988263
•
WWW.ASIANCDC.ORG
•
Women Led
BIPOC Led
LGBTQ+ Led
Overview
Programs
990s
Income Statement
Balance Sheet
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Balance Sheet
Fiscal Year Start:
Jan 1
Assets in
2024
(Year End)
$43,595,108
Property, Plant, & Equipment (net)
34%
Receivables (Non-Related)
32%
Other Assets
18%
Investments
9%
Cash & Equivalents
7%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in
2024
(Year End)
$18,889,348
Notes Payable / Debt (Non-Related)
86%
Payables & Accruals
10%
Other Liabilities
3%
Custodial & Escrow Liabilities
<1%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,115,417
$3,080,175
-1%
Receivables (Non-Related)
$13,272,042
$13,760,985
+4%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$28,396
$35,805
+26%
Investments
$3,582,908
$3,893,359
+9%
Property, Plant, & Equipment (net)
$12,987,521
$14,822,602
+14%
Other Assets
$4,698,350
$8,002,182
+70%
Total Assets
$37,684,634
$43,595,108
+16%
Liabilities
2023
2024
Change
Payables & Accruals
$320,377
$1,959,839
+512%
Grants Payable
-
-
-
Deferred Revenue
$3,303
$4,115
+25%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$52,335
$62,094
+19%
Notes Payable / Debt (Non-Related)
$12,595,634
$16,308,984
+29%
Related-Party Payables
-
-
-
Other Liabilities
$612,351
$554,316
-9%
Total Liabilities
$13,584,000
$18,889,348
+39%
Net assets
2023
2024
Change
Restricted Net Assets
$229,450
$301,596
+31%
Unrestricted Net Assets
$23,871,184
$24,404,164
+2%
Net assets
2023
2024
Change
Net assets
+$24,100,634
+$24,705,760
+3%
Balance Sheet
