2026-02-16T11:13:00-06:00 2025-03-31 132907212 FRENDEL BROWN & WEISSMAN LLP CPA'S 655 THIRD AVE - SUITE 1400 NEW YORK NY 10017 990 2024-04-01 825076065 SERICA INITIATIVE INC SERI 2128617751 1202 LEXINGTON AVENUE 164 NEW YORK NY 10028 ANLA CHENG CEO 2128617751 2026-02-16 1 0 DANIEL GORNSTEIN P01425093 2128679630 2026-02-16 2024 2025-03-06 01:10:19Z ANLA CHENG 1202 LEXINGTON AVENUE 164 NEW YORK NY 10028 718543 0 X WWW.SERICAINITIATIVE.ORG X 2018 NY THE SERICA INITIATIVE INC. AMPLIFIES THE IMPACT OF THE ASIAN DIASPORA IN AMERICA THROUGH STORYTELLING, EMPOWERING AND CONVENING. 9 9 0 0 6854 0 179454 200743 203698 510946 0 6854 0 0 383152 718543 0 0 0 0 9185 344257 0 0 0 315054 423540 324239 767797 58913 -49254 289888 223843 86140 69349 203748 154494 X THE SERICA INITIATIVE INC. AMPLIFIES THE IMPACT OF THE ASIAN DIASPORA IN AMERICA THROUGH STORYTELLING, EMPOWERING AND CONVENING. 0 0 181267 430804 IN MAY 2024, SERICA HELD ITS ANNUAL GALA. THIS EVENT WAS TO PRESENT THE ACHIEVEMENTS OF WOMEN WHO NAVIGATED CHALLENGES WITH RESILIENCE AND PERSEVERANCE TO MAKE INDELIBLE MARKS IN THEIR FIELDS AND COMMUNITIES. 14788 59960 THE CEO DINNER SERIES IS AN ONGOING PROGRAM THAT BRINGS TOGETHER PROMINENT LEADERS FROM VARIOUS INDUSTRIES TO ENGAGE IN MEANINGFUL DISCUSSIONS. THESE DINNERS ARE DESIGNED TO FOSTER CONNECTIONS AND SHARE INSIGHTS ON CRITICAL ISSUES, PROMOTING MUTUAL UNDERSTANDING AND COLLABORATION BETWEEN DIFFERENT SECTORS AND CULTURES. 2438 4548 IN SEPTEMBER 2024 AN EVENT WAS HELD DURING NYC CLIMATE WEEK CALLED CLIMATE, COMEDY AND COCKTAILS. THE EVENT INCLUDED AN EXPERT PANEL DISCUSSION, COMEDY FROM RISING STARS, AND CLIMATE-CONCIOUS FOOD AND COCKTAILS, AND AN EXCLUSIVE DOCUMENTARY SERIES SCREENING. 11798 15634 VOICES RISING - PLATFORM THAT CELEBRATES THE CONTRIBUTIONS OF ASIAN AMERICANS IN VARIOUS FIELD INCLUDING ARTS, FOOD, AND SPORTS. A SERIES OF EVENTS THAT FEATURES ARTISTS, WRITERS AND COMMUNITY LEADERS.SERICA STORYTELLERS - AN EVENING HONORING THE EXTRAORDINARY CONTRIBUTIONS OF JANET YANG. THIS EVENT BRINGS TOGETHER INDUSTRY LEADERS, CREATIVES, AND FILM ENTHUSIASTS TO CELEBRATE THE IMPACT OF ASIAN AND AAPI FILMMAKERS. 11798 15634 210291 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 3 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 NY X ANLA CHENG 2128617751 1202 LEXINGTON AVENUE 164 NEW YORK NY 10028 ANLA CHENG CEO & BOARD CHAIR 40.00 X X 0 0 0 LISA LIM VICE PRESIDENT 2.00 X 0 0 0 SHU LI SECRETARY 2.00 X 0 0 0 CLARENCE KWAN CO-TREASURER 2.00 X 0 0 0 KAREN MU CO-TREASURER 2.00 X 0 0 0 CHARLOTTE ACKERT BOARD MEMBER 2.00 X 0 0 0 SUJUAN BA BOARD MEMBER 2.00 X 0 0 0 EDEN CAI BOARD MEMBER 2.00 X 0 0 0 FRANK WU BOARD MEMBER 2.00 X 0 0 0 ANDREA LOUIE EXECUTIVE DIRECTOR 40.00 X 124733 0 0 124733 0 0 1 0 0 0 0 200743 1275 200743 SERICA GALA 900099 430804 430804 CEO DINNER SERIES 900099 59960 59960 VOICES RISING 900099 13062 13062 CLIMATE & COCKTAILS 900099 4548 4548 SERICA STORYTELLERS 900099 2572 2572 510946 6854 6854 718543 510946 6854 0 X 298944 298944 16550 16550 28763 28763 8624 8624 378852 210291 168561 5231 5231 21070 21070 3721 3721 3456 3456 BANK CHARGES 2491 2491 FILING FEE 95 95 767797 210291 557506 0 238888 204968 5000 17600 46000 0 1275 289888 223843 86140 69349 86140 69349 X 0 0 0 0 203748 154494 203748 154494 289888 223843 -49254 0 X 0 0 0 X 173418 129250 249322 383152 711689 1646831 173418 129250 249322 383152 711689 1646831 6000 50000 56000 0 6000 50000 56000 1590831 6854 6854 6854 6854 173418 129250 249322 383152 718543 1653685 0.96200 0.94400 0.00410 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DEFERRED REVENUE 69349 69349 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE PREPARED FORM 990 IS PRESENTED TO THE GOVERNING BODY FOR REVIEW. AFTER THE TAX RETURN HAS BEEN REVIEWED AND APPROVED, THE RETURN IS ELECTRONICALLY FILED. FORM 990, PART VI, SECTION B, LINE 12C COMPLIANCE WITH CONFLICT OF INTEREST POLICY DIRECTORS, OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS AT LEAST ANNUALLY. MEMBERS OF THE BOARD OF DIRECTORS, OFFICERS AND KEY EMPLOYEES OF SERICA INITIATIVE INC. (THE ORGANIZATION") MAY HAVE INVOLVEMENTS IN THEIR PRIVATE CAPACITIES WITH OUTSIDE BUSINESS ENTITIES, COMMUNITY ORGANIZATIONS, PROFESSIONAL AND OTHE RGROUPS WHILE THEY ARE SERVING THE ORGANIZATION. THE ORGANIZATION SEEKS TO AVOID SITUATIONS IN WHICH THESE RELATIONSHIPS MIGHT PRESENT A CONFLICT OF INTEREST OR OTHERWISE REFLECT NEGATIVELY ON, OR COMPROMISE THE VALUES OR REPUTATION OF THE ORGANIZATION. THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS INTENDED TO GIVE GUIDANCE TO THE ORGANIZATION'S SENIOR OFFICIALS ABOUT HOW TO IDENTIFY AND RESOLVE ACTUAL OR APPARENT CONFLICTS EARLY ON. IN FURTHERANCE OF THIS OBJECTIVE, THE POLICY REQUIRES EACH BOARD MEMBER, OFFICER AND KEY EMPLOYEE OF THE ORGANIZATION TO IDENTIFY ANY POTENTIAL CONFLICTS BY COMPLETING AND SUBMITTING TO THE ANNUAL DISLOSURE STATEMENT EACH YEAR. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION DIRECTORS SHALL NOT RECEIVE ANY SALARIES FOR THIER SERVICES ON THE BOARD. DIRECTORS SHALL NOT BE PRECLUDED FROM RECEIVING REASONABLE COMPENSATION FOR SERVICES RENDERED TO OR FOR THE BENEFIT OF THE CORPORATION IN ANY OTHER CAPACITY, PROVIDED, HOWEVER THAT THE CHAIR, PRESIDENT, OR OTHER OFFICER WITH SIMILAR RESPONSIBILITIES SHALL NOT RECEIVE COMPENSATION FROM THE CORPORATION, AND MAY NOT BE A PAID EMPLOYEE OF THE CORPORATION, UNLESS APPROVED BY A VOTE OF AT LEAST TWO-THIRDS OF THE BOARD OF DIRECTORS. THE BOARD SHALL OVERSEE THE SETTING OF EXECUTIVE COMPENSATION AND SHALL DETERMINE COMPENSATION OF ALL DIRECTORS, TOP MANAGEMENT OFFICIALS, OFFICERS, AND KEY EMPLOYEES, AND REVIEW, ASSESS AND APPROVE THE REASONABLENESS OF SUCH COMPENSATION ON A REGULAR BASIS. IN ORDER TO BE APPROVED AS REASONABLE, COMPENSATION MUST BE AN AMOUNT THAT WOULD ORDINARILY BE PAID FOR COMPARABLE WORK BY SIMILARLY SITUATED ORGANIZATIONS UNDER LIKE CIRCUMSTANCES. BOARD MEMBERS INVOLVED IN SETTING AND APPROVING EXECUTIVE COMPENSATION, AS WELL AS ANY THIRD PARTIES PROVIDING PROFESSIONAL ADVICE TO THE BOARD MEMBERS IN CONNECTION WITH SETTING AND APPROVING EXECUTIVE COMPENSATION SHALL BE INDEPENDENT AND HAVE NO CONFLICTS OF INTEREST AS TO THE EXECUTIVE WHOSE COMPENSATION IS BEING REVIEWED. BOARD MEMBERS SHALL HAVE NO CONFLICT OF INTEREST FOR THESE PURPOSES IF THEY (I) WILL NOT ECONOMICALLY BENEFIT FROM THE COMPENSATION ARRANGEMENT, (II) ARE NOT FAMILY MEMBERS OF A PERSONA FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 167,119. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 167,119. PROGRAM EXPENSE: PROGRAM SERVICE EXPENSES 210,291. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 210,291. PAYROLL EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,442. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,442.