Asian Business Association
Public records raise at least one point you should look into before giving.
What it says it does
BUILD SUSTAINABLE COMMUNITIES THROUGH INCLUSIVE ECONOMIC DEVELOPMENT AND QUALIFIED DIVERSE WORKFORCE ACCOMPLISHED THROUGH SMALL BUSINESS TECHNICAL ASSISTANCE, EDUCATION, OUTREACH, ADVOCACY AND ACCESS TO CAPITAL
- Income
- $1.1 million
- Spending
- $1.2 million
- Employees
- 8
- Volunteers
- 20
- Highest pay
- $200,000, president & ceo
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $259,867 spent. SMALL BUSINESS DEVELOPMENT CENTER THAT PROVIDES NO-COST ADVISING AND CONSULTING SERVICES TO ENTREPRENEURS AND SMALL BUSINESSES
- $168,230 spent. In partnership with the Asian Business Association Foundation, AAPI Data, and the California Commission on Asian and Pacific Islander American Affairs, ABASD conducted a California-statewide research initiativecomprising a comprehensive economic and small business study of AANHPI-owned enterprises, designed to thoroughly examine the AANHPI business community across the state and assess how current issues are affecting their operations and growth in order to provide better services and programs.
- $133,755 spent. In conjunction with the Asian Business Association Foundations multi-year contract for installing the Convoy Pan Asian Cultural and Business Innovation District sign in the City of San Diego, ABASD contributed its leadership and membership expertise to help cultivate the district into a thriving regional destination with the ultimate goal of growing the local economy for the benefit of all.
- $123,335 spent. ASIAN PACIFIC ISLANDER ECONOMIC EQUITY ADVANCEMENT PROGRAM OFFERING TECHNICAL ASSISTANCE AND SMALL BUSINESS ADVISING.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(6) business league.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(6) business league as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 1992.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.