2025-08-29T10:02:20-04:00 2025-06-30 043035636 LEE YEE & COMPANY PC 20 SOUTHWEST PARK WESTWOOD MA 020901548 990EZ 2024-07-01 922233642 LOTUS ENTREPRENEURSHIP INSTITUTE INC LOTU 6179530954 85 EAST INDIA ROW 26H BOSTON MA 02110 ANDREW GOLDBERG PRESIDENT 6179530954 2025-08-21 true false RICHARD H LEE P00956473 7812372525 2025-08-28 2024 2025-03-06 01:10:19Z X X HTTPS://WWW.ELEVASIAN.ORG/ X X 57287 X 49755 7532 57287 5030 24600 40494 70124 -12837 633 -12204 X 3345 8554 10000 7000 13345 15554 12712 27758 633 -12204 X ELEVASIAN NARROWS THE WEALTH GAP BETWEEN THE MOST AND LEAST AFFLUENT ASIANS, WHICH IS THE WIDEST OF ANY RACIAL GROUP IN THE UNITED STATES, BY STIMULATING JOB CREATION AND WEALTH GENERATION IN LOW-AND MODERATE-INCOME ASIAN COMMUNITIES. ELEVASIAN SERVES ESTABLISHED AND EARLY-STAGE, REVENUE-GENERATING, ENGLISH- SPEAKING ASIAN COMPANIES THAT ARE SEEKING INCREASED BUSINESS KNOWLEDGE, SOCIAL CAPITAL TO GROW THEIR BUSINESSES, AND A SUPPORTIVE COMMUNITY. THESE BUSINESS ARE PREDOMINANTLY LOCATED IN LOW-AND MODERATE-INCOME ASIAN COMMUNITIES STATEWIDE. ELEVASIAN INCLUDES A STRUCTURED CURRICULUM, ONE-ON- ONE MENTORING, PEER-TO-PEER LEARNING, AND THE SOCIAL/EMOTIONAL SUPPORT THAT COMES FROM THE SENSE OF BELONGING TO A COMMUNITY OF LIKE-MINDED PEOPLE. ELEVASIAN PROVIDES A SAFE SPACE FOR SMALL ASIAN BUSINESS OWNERS TO PIVOT FROM WORKING IN THE BUSINESS (OWNER EMPLOYEE MINDSET)TO WORKING ON THE BUSINESS (OWNER STRATEGIST). 34500 34500 ANDREW GOLDBERG PRESIDENT 1.00 15000 KELLY MITTAL DIRECTOR 1.00 0 DENIS CHO SECRETARY 1.00 0 VINAY AGGARWAL DIRECTOR 1.00 0 false false false false false false true 27500 false false ANDREW GOLDBERG 85 EAST INDIA ROW 26H BOSTON MA 02110 6179530954 false false false false false false false false false false false NONE NONE true X 76010 49755 125765 7532 7532 76010 57287 133297 133297 76010 57287 133297 1.00000 1.00000 0.00000 0.00000 X ANDREW GOLDBERG PRESIDENT TO PROVIDE FUNDS TO OPERATE THE ORG X 12500 27500 false true false 27500 FORM 990-EZ, PART I, LINE 16 EXPENSES WEB ADMIN 2,700 TRAVEL EXPENSE 710 INTEREST 66 EVENTS 12,900 MEALS 422 MEMBERSHIPS 2,200 PHOTOCOPIES 1,440 SUBSCRIPTIONS 1,565 FILING FEE 135 PAYROLL TAXES 472 PAYROL EXPENSE 284 SALARIES 15,000 TELEPHONE 1,800 SPONSORSHIPS 800 TOTAL 40,494 FORM 990-EZ, PART II, LINE 24 GRANTS RECEIVABLE 10,000 7,000 TOTAL 10,000 7,000 FORM 990-EZ, PART II, LINE 26 ACCOUNTS PAYABLE AND ACCRUED EXPENSES 212 258 LOANS FROM OFFICERS 12,500 27,500 FORM 990-EZ, PART III ELEVASIAN NARROWS THE WEALTH GAP BETWEEN THE MOST AND LEAST AFFLUENT ASIANS, WHICH IS THE WIDEST OF ANY RACIAL GROUP IN THE UNITED STATES, BY STIMULATING JOB CREATION AND WEALTH GENERATION IN LOW-AND MODERATE-INCOME ASIAN COMMUNITIES. FORM 990-EZ, PART III, LINE 28 ELEVASIAN SERVES ESTABLISHED AND EARLY-STAGE, REVENUE-GENERATING, ENGLISH- SPEAKING ASIAN COMPANIES THAT ARE SEEKING INCREASED BUSINESS KNOWLEDGE, SOCIAL CAPITAL TO GROW THEIR BUSINESSES, AND A SUPPORTIVE COMMUNITY. THESE BUSINESS ARE PREDOMINANTLY LOCATED IN LOW-AND MODERATE-INCOME ASIAN COMMUNITIES STATEWIDE. ELEVASIAN INCLUDES A STRUCTURED CURRICULUM, ONE-ON- ONE MENTORING, PEER-TO-PEER LEARNING, AND THE SOCIAL/EMOTIONAL SUPPORT THAT COMES FROM THE SENSE OF BELONGING TO A COMMUNITY OF LIKE-MINDED PEOPLE. ELEVASIAN PROVIDES A SAFE SPACE FOR SMALL ASIAN BUSINESS OWNERS TO PIVOT FROM WORKING IN THE BUSINESS (OWNER EMPLOYEE MINDSET)TO WORKING ON THE BUSINESS (OWNER STRATEGIST).