ASIAN BUSINESS ASSOCIATION

SAN DIEGO, CA, 92111-2260 (619) 814-1423 Est. 1990 EIN 33-0430474

Form 990 501(c)(6)

Mission

BUILD SUSTAINABLE COMMUNITIES THROUGH INCLUSIVE ECONOMIC DEVELOPMENT AND QUALIFIED DIVERSE WORKFORCE ACCOMPLISHED THROUGH SMALL BUSINESS TECHNICAL ASSISTANCE, EDUCATION, OUTREACH, ADVOCACY AND ACCESS TO CAPITAL

Financials

Total Revenue

$1,065,246

Total Expenses

$1,154,957

Net Assets

$-43,468

8 employees 20 volunteers

From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve

0.5 months deficit Deficit

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 11.3%

Expenses ↑ 14.3%

Revenue Sources

Contributions 82.8% Other 17.0%

Expense Breakdown

Officers & Key Employees (30)

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Grants Received (10)

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Filing History (6 filings)

Year	Revenue	Expenses	Net Assets
2024 Form 990 Jan 1, 2024 to Dec 31, 2024	$1,065,246 ↑	$1,154,957	$-43,468
2023 Form 990 Jan 1, 2023 to Dec 31, 2023	$827,953 ↓	$1,071,014	$46,243
2022 Form 990 Jan 1, 2022 to Dec 31, 2022	$956,976 ↑	$1,010,486	$289,304
2020 Form 990 Jan 1, 2020 to Dec 31, 2020	$735,327 ↑	$435,219	$325,494
2019 Form 990 Jan 1, 2019 to Dec 31, 2019	$387,019 ↑	$393,616	$25,386
2018 Form 990 Jan 1, 2018 to Dec 31, 2018	$286,359	$261,412	$31,983