2025-11-15T14:35:14-06:00 2024-12-31 861955139 SIM NUMERALS LLC 3104 E CAMELBACK RD 2168 PHOENIX AZ 85016 990 2024-01-01 882244299 DIAMOND SILK ENTREPRENEUR UNIVERSITY DIAM 9287654966 6490 SR 179 SEDONA AZ 86351 XIAOPING ZHOU PRESIDENT 9287654966 2025-11-15 1 0 MELISSA SIM CPA P01707551 6026207004 2025-11-15 X 2024 2025-03-06 01:10:19Z XIAOPING ZHOU 6490 SR 179 SEDONA AZ 86351 3989901 0 X WWW.DSEU.ORG X 2022 AZ DIAMOND SILK ENTREPRENEUR UNIVERSITY (DSEU) IS COMMITTED TO PROVIDING A QUALITY ACADEMIC PROGRAM THAT BRINGS PEOPLE, PRINCIPLES, CONCEPTS, AND BUSINESS TEACHINGS OF BOTH EAST & WEST CLOSER TOGETHER, FOR A MORE SUCCESSFUL AND MORE PEACEFUL WORLD. 3 3 0 30 0 0 868189 812055 1610365 3177585 321 261 0 0 2478875 3989901 0 40000 0 0 0 0 0 0 102166 618324 1253877 618324 1293877 1860551 2696024 6022356 5516032 3746241 543893 2276115 4972139 TO PROVIDE NON-DEGREE EDUCATIONAL PROGRAMS, EXECUTIVE TRAINING, AND PRACTICAL LEARNING, INTEGRATING EASTERN AND WESTERN BUSINESS PERSPECTIVES. 0 0 1046213 40000 3177585 DIAMOND SILK ENTREPRENEUR UNIVERSITY (DSEU) IS OFFERING ITS FIRST TWO 22-MONTH ACADEMIC PROGRAMS IN JUNE 2023 TO APRIL 2025. 1046213 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 10 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 X DSEU ORGANIZATION 9287654966 6490 SR 179 SEDONA AZ 86351 X XIAOPING ZHOU PRESIDENT DIRECTOR 9.00 3.00 X X 0 0 0 MICHAEL ROACH DIRECTOR 5.00 1.00 X X 0 0 0 HANQING CHEN SECRETARY DIRECTOR 5.00 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 812055 812055 STUDENT TUITION & FEES 611310 3177585 3177585 3177585 261 261 3989901 3177585 0 261 X 20000 20000 20000 20000 84000 84000 21010 21010 56739 56739 323748 224581 99167 2946 2946 3606 3606 192358 187233 5125 260226 214726 45500 241726 232953 8773 61262 61262 BANK & PROCESSING FEES 4798 1799 2999 ACADEMIC SUPPLIES 1458 1458 1293877 1046213 145498 102166 726037 126825 2035701 2821378 760618 57829 10000 2500000 2500000 6022356 5516032 50241 15893 3696000 528000 3746241 543893 X 2276115 4972139 2276115 4972139 6022356 5516032 2696024 0 X 0 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 INTERCOMPANY NOTE, DUE FROM SUPPORTING ORG: DIH 2500000 2500000 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 NONDISCRIMINATION POLICY IS EASILY FOUND ON THE UNIVERSITY'S WEBSITE. SCHEDULE E, PART I, LINE 4 THERE ARE NO SCHOLARSHIPS OR FINANCIAL ASSISTANCE PROGRAMS AVAILABLE AT THIS TIME. ASIA PACIFIC 2 4 PROGRAM SERVICES HOST KYOTO 215478 ASIA PACIFIC 1 3 PROGRAM SERVICES ADMINISTRATIVE & MANAGEMENT 162554 ASIA PACIFIC 1 1 FUNDRAISING ADVERTISING & FUNDRAISING EFFORTS 99167 4 8 0 0 4 8 477199 0 477199 SOUTH AMERICA GENERAL SUPPORT 20000 WIRE 0 1 1 0 0 0 0 0 0 PART I, LINE 3: EXPENSES ARE AUTHORIZED AND REVIEWED BY FOUR KEY, CONTRACTED PERSONS WHO HAVE A LONG STANDING AND TRUSTED RELATIONSHIP WITH THE BOARD MEMBERS. RECEIPTS ARE COLLECTED AND RECORDS MAINTAINED OF ALL INTERNATIONAL EXPENDITURES. 1 ASIAN LEGACY LIBRARY US INC 6490 STATE ROUTE 179 SEDONA AZ 86351 832826030 501C3 20000 0 GENERAL SUPPORT 1 1 PART I, LINE 2: THE ORGANIZATION GRANT FUNDS TO OTHER ORGANIZATIONS THAT FURTHER THE MISSION AND VISION OF DIAMOND SILK ENTREPRENEUR UNIVERSITY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED AND APPROVED BY THE BOARD PRESIDENT DIRECTOR AND THE CPA. THE BOARD PRESIDENT SIGNS THE 990 BEFORE IT IS SUBMITTED TO THE INTERNAL REVENUE SERVICE FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS SHALL SERVE DSEU WITH THE HIGHEST DEGREE OF UNDIVIDED DUTY, LOYALTY, AND CARE AND SHALL UNDERTAKE NO ENTERPRISE TO PROFIT PERSONALLY FROM THEIR POSITION WITH DSEU. DSEU'S BOARD OF DIRECTORS SHALL NOT ENTER INTO ANY CONTRACT OR TRANSACTION WITH ANY DIRECTOR OF DSEU, OR ANY ORGANIZATION IN WHICH A DIRECTOR HAS A MATERIAL FINANCIAL INTEREST, UNLESS THE RELEVANT INTEREST IS FULLY DISCLOSED, THE INTERESTED DIRECTOR DOES NOT VOTE, AND THE BOARD AUTHORIZES THE TRANSACTION IN GOOD FAITH BY A MAJORITY VOTE OF THE REMAINING DIRECTORS. PRIOR TO AUTHORIZING OR APPROVING THE TRANSACTION, THE BOARD, IN GOOD FAITH, DETERMINED AFTER REASONABLE INVESTIGATION AND CONSIDERATION THAT DSEU COULD NOT HAVE OBTAINED A MORE ADVANTAGEOUS ARRANGEMENT AND THE TRANSACTION FURTHERED DSEU'S BEST INTERESTS. NO LOAN SHALL BE MADE BY DSEU TO ANY OF ITS DIRECTORS OR OFFICERS AS PROVIDED BY THE BYLAWS. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S COMPENSATION POLICY STATES THAT ALL COMPENSATION PAID BY THE ORGANIZATION IS REASONABLE BASED UPON A REVIEW OF COMPARABILITY INFORMATION. THE BOARD OF TRUSTEES OR AUTHORIZED COMMITTEE ("GOVERNING BODY") SHALL REVIEW AND APPROVE THE COMPENSATION OF ALL COMPENSATED INDIVIDUALS; OFFICERS, TRUSTEES, EXECUTIVE OFFICERS, DIRECTORS OR TOP MANAGEMENT OFFICIAL, AND KEY EMPLOYEES OF THE ORGANIZATION. COMPENSATION SHALL BE REVIEWED AND APPROVED BY THE GOVERNING BODY PERSONS WITHOUT A CONFLICT OF INTEREST. IN ITS REVIEW AND APPROVAL OF COMPENSATION, THE GOVERNING BODY SHALL AFFIRMATIVELY DETERMINE THAT THE COMPENSATION ARRANGEMENT IS REASONABLE TO THE ORGANIZATION BASED UPON INFORMATION SUFFICIENT TO DETERMINE WHETHER THE VALUE OF SERVICES IS THE AMOUNT THAT WOULD ORDINARILY BE PAID FOR LIKE SERVICES BY LIKE ENTERPRISES, WHETHER TAXABLE OR TAX EXEMPT, UNDER LIKE CIRCUMSTANCES. THE GOVERNING BODY SHALL RECORD COMPENSATION DELIBERATIONS IN THE MINUTES OF ITS MEETINGS. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION WILL MAKE THEIR APPLICATION FOR RECOGNITION OF EXEMPTION AND ANNUAL INFORMATION RETURNS AVAILABLE UPON REQUEST WITHOUT CHARGE EXCEPT FOR A NOMINAL FEE FOR REPRODUCTION AND ACTUAL POSTAGE COSTS. ANNUAL INFORMATION RETURNS WILL BE AVAILABLE FOR THREE YEARS AFTER FILING. FORM 990, PART VI, SECTION C, LINE 19 IF THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY OF THE ORGANIZATION ARE SUBJECT TO FEDERAL OR STATE PUBLIC DISCLOSURE RULES, THESE DOCUMENTS WILL BE MADE PUBLICLY AVAILABLE AS APPLICABLE LAW MAY REQUIRE. OTHERWISE, THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY WILL BE PROVIDED TO THE PUBLIC AT THE DISCRETION OF MANAGEMENT. FORM 990, PART IX, LINE 11G CONSULTANTS, ACADEMIC ADVISORY: PROGRAM SERVICE EXPENSES 29,060. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 29,060. FACULTY: PROGRAM SERVICE EXPENSES 106,879. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 106,879. CONSULTANTS, LICENSING: PROGRAM SERVICE EXPENSES 11,142. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,142. ADMIN & SUPPORT LABOR: PROGRAM SERVICE EXPENSES 77,500. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 99,167. TOTAL EXPENSES 176,667. ARETE COLLEGE LLC 1771 WEST SR 89A STE B 4010 SEDONA AZ 86336 991356914 ACADEMIC SUPPORT AZ 0 0 DIAMOND SILK ENTREPRENEUR UNIVERSITY DIAMOND ISLAND HOLDING (DIH) 1771 WEST SR 89A STE B 4020 SEDONA AZ 86336 882197973 REAL ESTATE HOLDING & MANAGEMENT AZ 501(C)(3) LINE 12C, III-FI DIAMOND SILK ENTREPRENEUR UNIVERSITY 1 0 0 0 1 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 INTERCOMPANY LOAN DUE FROM DIH D 2500000 CASH