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Nonprofit · EIN 46-5675030

CENTER FOR ASIA LEADERSHIP INITIATIVES

Tax-exempt · CAMBRIDGE, MA 02142

Financials

$321K$373K2023$197K$193K2024
Revenue Expenses · by fiscal year end
Financials of CENTER FOR ASIA LEADERSHIP INITIATIVES by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$196,863$193,252$3,611$227,690$0$227,690
December 31, 2023990$320,926$372,901-$51,975$225,099$1,020$224,079
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$196,863
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$84,686
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$1,208
Accounting fees
$850
Travel
$54,792
Program services (functional)
$190,804
Management and general (functional)
$2,448

Balance sheet and other

Total assets, start of year
$225,099
Total assets, end of year
$227,690
Total liabilities, end of year
$0
Net assets, end of year
$227,690
Gross receipts
$196,863
Employees
0
Volunteers
4
Year formed
2012
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
HUNGSOO KIMPRESIDENT
Officer
0$0
Gil AlterovitzDirector
Officer
0$0
Fuadi PitsuwanDirector
Officer
0$0
Daniel WallanceDirector
Former
0$0
990 for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
Gil AlterovitzDirector
Officer
0$0
HUNGSOO KIMPRESIDENT
Officer
0$0

Address and contacts

Address (IRS master file)
245 FIRST ST STE 1800, CAMBRIDGE, MA 02142-1292
In care of
% HUNGSOO KIM
Principal officer (990 for 2024)
HUNGSOO KIM, 245 First St Ste 1800, Cambridge, MA 02142
Signed the 990
HUNGSOO KIM, President
Phone
(617) 953-7537
Return prepared by
Michelle Han CPA

Mission

EDUCATIONAL PURPOSE-LEADERSHIP TRAINING,EDUCATION,CONSULTINGAND JOB CREATION INITIATIVES.

990 for the year ended December 31, 2024

Program accomplishments

  • EDUCATIONAL PURPOSE
    Expenses $190,804 · revenue $196,863

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
46-5675030
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2015
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$227,690
Income (IRS master file)
$196,863

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$196,863$193,252$227,690XML
990December 2023$320,926$372,901$225,099XML
990December 2022$255,194$289,181$278,374IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-5675030).

Questions about CENTER FOR ASIA LEADERSHIP INITIATIVES

What is the EIN of CENTER FOR ASIA LEADERSHIP INITIATIVES?
The employer identification number (EIN) of CENTER FOR ASIA LEADERSHIP INITIATIVES is 46-5675030.
Is CENTER FOR ASIA LEADERSHIP INITIATIVES tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to CENTER FOR ASIA LEADERSHIP INITIATIVES tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CENTER FOR ASIA LEADERSHIP INITIATIVES file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CENTER FOR ASIA LEADERSHIP INITIATIVES due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CENTER FOR ASIA LEADERSHIP INITIATIVES last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CENTER FOR ASIA LEADERSHIP INITIATIVES?
The 990 for the year ended December 31, 2024 names HUNGSOO KIM.
Who are the officers and directors of CENTER FOR ASIA LEADERSHIP INITIATIVES?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does CENTER FOR ASIA LEADERSHIP INITIATIVES have?
On its 990 for the year ended December 31, 2024 it reported revenue of $196,863, expenses of $193,252 and total assets of $227,690 at year end.

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