Asian-American Consulting Service Inc, New Land Community Center in Ridgewood, New York (NY)

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Table of contents:

• Overview
• Detailed Reports
  • Revenue, Expenses, and Changes in Net Assets or Fund Balances
  • Statement of Functional Expenses
  • Balance Sheets
  • Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
  • Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
  • Current Officers, Directors, Trustees, and Key Employees
  • Other Information
  • Analysis of Income-Producing Activities
  • Information Regarding Taxable Subsidiaries and Disregarded Entities
  • Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees
  • Statements About Activities
  • Reason for Non-Private Foundation Status
  • Support Schedule
  • Lobbying Expenditures by Electing Public Charities
• Organizations performing similar types of work

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Asian-American Consulting Service Inc, New Land Community Center
Employer Identification Number (EIN)	133652716
Name of Organization	Asian-American Consulting Service Inc
Secondary Name	New Land Community Center
In Care of Name	TRAN NGUYET
Address	677 Seneca Avenue, Ridgewood, NY 11385
Website	http://www.newlandcenter-aacs.org
Activities	Other inner city or community benefit activities
Subsection	Charitable Organization
Ruling Date	02/1997
Deductibility	Contributions are deductible
Foundation	Organization which receives a substantial part of its support from a governmental unit or the general public
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	2012
Assets	$25,000 to $99,999
Income	$10,000 to $24,999
Filing Requirement	990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount	$38,640
Amount of Income	$21,244
Form 990 Revenue Amount	$136,826
National Taxonomy of Exempt Entities (NTEE)	Human Services - Multipurpose and Other: Ethnic, Immigrant Centers, Services

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Amount of income in 2012: $21,244

This organization:	$21,244
Other organizations performing similar types of work:	$979,226

Assets in 2012: $38,640

This organization:	$38,640
Other organizations performing similar types of work:	$630,192

Expenses in 2007: $106,600

This organization:	$106,600
Other organizations performing similar types of work:	$980,422

Income to expenses ratio in 2007: 1.3

Asian-American Consulting Service Inc, New Land Community Center:	1.3
Other organizations performing similar types of work:	1.0

Expenses allocated to program services in 2007: 88.5%

Asian-American Consulting Service Inc, New Land Community Center:	88.5%
Other organizations performing similar types of work:	81.9%

Number of employees in 2007: 6

This organization:	6
Other organizations performing similar types of work:	23

Employees paid over $50,000 in 2007: 0.0%

Asian-American Consulting Service Inc, New Land Community Center:	0.0%
Other organizations performing similar types of work:	3.5%

Grants share in income in 2007: 99.4%

Asian-American Consulting Service Inc, New Land Community Center:	99.4%
Other organizations performing similar types of work:	91.4%

Financial snapshot ($)

Revenue for 2007

Assets at end of 2007

Expenses for 2007

Functional Expenses for 2007 ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
	2000	2001	2002	2003	2004	2005	2006	2007
Total revenue	$140,659	$121,748	$154,284	$218,418	$141,036	$222,361	$110,156	$136,826
Contributions, gifts, grants, and similar amounts received	$139,972	$121,461	$154,280	$218,418	$141,036	$127,861	$110,156	$136,026
Contributions to donor advised funds							$0	$0
Direct public support	$139,972	$121,461	$154,280	$218,418	$141,036	$127,861	$110,156	$136,026
Indirect public support	$0	$0	$0	$0	$0	$0	$0	$0
Government contributions (grants)	$0	$0	$0	$0	$0	$0	$0	$0
Program service revenue including government fees and contracts	$0	$0	$0	$0	$0	$0	$0	$0
Membership dues and assessments	$0	$0	$0	$0	$0	$0	$0	$0
Interest on savings and temporary cash investments	$687	$287	$4	$0	$0	$0	$0	$0
Dividends and interest from securities	$0	$0	$0	$0	$0	$0	$0	$0
Net rental income or (loss)	$0	$0	$0	$0	$0	$0	$0	$0
Gross rents	$0	$0	$0	$0	$0	$0	$0	$0
Less: rental expenses	$0	$0	$0	$0	$0	$0	$0	$0
Other investment income	$0	$0	$0	$0	$0	$0	$0	$0
Gain or (loss) from sales of assets other than inventory	$0	$0	$0	$0	$0	$0	$0	$0
Gross amount from sales of assets other than inventory	$0	$0	$0	$0	$0	$0	$0	$0
Less: cost or other basis and sales expenses	$0	$0	$0	$0	$0	$0	$0	$0
Net income or (loss) from special events and activities	$0	$0	$0	$0	$0	$0	$0	$0
Gross revenue	$0	$0	$0	$0	$0	$0	$0	$0
Less: direct expenses other than fundraising expenses	$0	$0	$0	$0	$0	$0	$0	$0
Gross profit or (loss) from sales of inventory	$0	$0	$0	$0	$0	$0	$0	$0
Gross sales of inventory, less returns and allowances	$0	$0	$0	$0	$0	$0	$0	$0
Less: cost of goods sold	$0	$0	$0	$0	$0	$0	$0	$0
Other revenue	$0	$0	$0	$0	$0	$94,500	$0	$800
Total expenses	$138,061	$172,850	$160,563	$186,153	$158,481	$164,372	$105,321	$106,600
Program services	$27,007	$117,791	$131,699	$161,793	$144,682	$150,791	$91,365	$94,336
Management and general	$111,054	$55,059	$28,864	$24,360	$13,799	$13,581	$13,956	$12,264
Fundraising	$0	$0	$0	$0	$0	$0	$0	$0
Payments to affiliates	$0	$0	$0	$0	$0	$0	$0	$0
Net assets or fund balances at end of year	$48,578	$-2,524	$-8,803	$23,462	$6,017	$64,006	$68,841	$99,067
Excess or (deficit) for the year	$2,598	$-51,102	$-6,279	$32,265	$-17,445	$57,989	$4,835	$30,226
Net assets or fund balances at beginning of year	$45,980	$48,578	$-2,524	$-8,803	$23,462	$6,017	$64,006	$68,841
Other changes in net assets or fund balances	$0	$0	$0	$0	$0	$0	$0	$0

Statement of Functional Expenses (for 2007)
	Total	Program services	Management and general	Fundraising
Total functional expenses	$106,600	$94,336	$12,264	$0
Grants paid from donor advised funds		$0
Other grants and allocations		$16,424
Specific assistance to individuals		$0
Benefits paid to or for members		$0
Compensation of current officers, directors, key employees, etc.	$18,000	$15,600	$2,400	$0
Compensation of former officers, directors, key employees, etc.	$0	$0	$0	$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)	$0	$0	$0	$0
Salaries and wages of employees not included above	$23,979	$20,382	$3,597	$0
Pension plan contributions not included above	$0	$0	$0	$0
Employee benefits not included above	$0	$0	$0	$0
Payroll taxes	$5,972	$5,076	$896	$0
Professional fundraising fees	$0	$0	$0	$0
Accounting fees	$6,000	$5,100	$900	$0
Legal fees	$0	$0	$0	$0
Supplies	$1,028	$873	$155	$0
Telephone	$2,912	$2,475	$437	$0
Postage and shipping	$0	$0	$0	$0
Occupancy	$4,563	$3,878	$685	$0
Equipment rental and maintenance	$0	$0	$0	$0
Printing and publications	$0	$0	$0	$0
Travel	$0	$0	$0	$0
Conferences, conventions, and meetings	$0	$0	$0	$0
Interest	$0	$0	$0	$0
Depreciation, depletion, etc.	$8,163	$8,163	$0	$0
Other expenses not covered above	$19,559	$16,365	$3,194	$0

Balance Sheets
	2000	2001	2002	2003	2004	2005	2006	2007
Total assets	$67,594	$110,819	$94,453	$138,308	$102,676	$73,239	$76,998	$99,067
Cash - non-interest-bearing	$34,675	$8,149	$7,662	$37,120	$30,142	$12,483	$20,228	$45,260
Savings and temporary cash investments	$0	$0	$0	$0	$0	$0	$0	$0
Accounts receivable less allowance for doubtful accounts	$0	$0	$0	$0	$0	$0	$0	$0
Pledges receivable less allowance for doubtful accounts	$0	$0	$0	$0	$0	$0	$0	$0
Grants receivable	$0	$0	$0	$0	$0	$0	$0	$0
Receivables from current and former officers, directors, trustees, and key employees	$0	$0	$0	$0	$0	$0	$0	$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)							$0	$0
Other notes and loans receivable less allowance for doubtful accounts	$0	$0	$0	$0	$0	$0	$0	$0
Inventories for sale or use	$0	$0	$0	$0	$0	$0	$0	$0
Prepaid expenses and deferred charges	$0	$0	$0	$0	$0	$0	$0	$0
Investments - publicly-traded securities							$0	$0
Investments - other securities	$0	$0	$0	$0	$0	$0	$0	$0
Investments - land, buildings, and equipment less accumulated depreciation	$0	$0	$0	$0	$0	$0	$0	$0
Investments - other	$0	$0	$0	$0	$0	$0	$0	$0
Land, buildings, and equipment less accumulated depreciation	$8,574	$13,965	$10,989	$12,483	$71,434	$59,656	$55,670	$47,507
Other assets, including program-related investments	$24,345	$88,705	$75,802	$88,705	$1,100	$1,100	$1,100	$6,300
Total liabilities	$19,016	$113,343	$103,256	$114,846	$96,659	$9,233	$8,157	$0
Accounts payable and accrued expenses	$1,057	$0	$1,056	$1,603	$96,659	$4,233	$7,492	$0
Grants payable	$0	$0	$0	$0	$0	$0	$0	$0
Deferred revenue	$0	$0	$0	$0	$0	$0	$0	$0
Loans from officers, directors, trustees, and key employees	$0	$0	$0	$0	$0	$0	$0	$0
Tax-exempt bond liabilities	$0	$0	$0	$0	$0	$0	$0	$0
Mortgages and other notes payable	$15,000	$103,243	$102,200	$94,500	$0	$5,000	$0	$0
Other liabilities	$2,959	$10,100	$0	$18,743	$0	$0	$665	$0
Total liabilities and net assets/fund balances	$67,594	$110,819	$94,453	$138,308	$102,676	$73,239	$76,998	$99,067
Total net assets or fund balances	$48,578	$-2,524	$-8,803	$23,462	$6,017	$64,006	$68,841	$99,067

Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
	2000	2001	2002	2003	2004	2005	2006	2007
Total revenue	$0	$0	$0	$0	$0	$0	$0	$0
Total revenue, gains, and other support per audited financial statements	$0	$0	$0	$0	$0	$0	$0	$0
Other expenses	$0	$0	$0	$0	$0	$0	$0	$0
Net unrealized gains on investments	$0	$0	$0	$0	$0	$0	$0	$0
Donated services and use of facilities	$0	$0	$0	$0	$0	$0	$0	$0
Recoveries of prior year grants	$0	$0	$0	$0	$0	$0	$0	$0
Other	$0	$0	$0	$0	$0	$0	$0	$0
Other revenue	$0	$0	$0	$0	$0	$0	$0	$0
Investment expenses	$0	$0	$0	$0	$0	$0	$0	$0
Other	$0	$0	$0	$0	$0	$0	$0	$0

Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
	2000	2001	2002	2003	2004	2005	2006	2007
Total expenses	$0	$0	$0	$0	$0	$0	$0	$0
Total expenses and losses per audited financial statements	$0	$0	$0	$0	$0	$0	$0	$0
Other revenue	$0	$0	$0	$0	$0	$0	$0	$0
Donated services and use of facilities	$0	$0	$0	$0	$0	$0	$0	$0
Prior year adjustments	$0	$0	$0	$0	$0	$0	$0	$0
Losses	$0	$0	$0	$0	$0	$0	$0	$0
Other	$0	$0	$0	$0	$0	$0	$0	$0
Other expenses	$0	$0	$0	$0	$0	$0	$0	$0
Investment expenses	$0	$0	$0	$0	$0	$0	$0	$0
Other	$0	$0	$0	$0	$0	$0	$0	$0

Current Officers, Directors, Trustees, and Key Employees
Average hours per week devoted to position	Compensation	Contributions to employee benefit plans & deferred compensation plans	Expense account and other allowances
50	$18,000	$0	$0

Total number of officers, directors, and trustees permitted to vote on organization business at board meetings	9
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?	No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?	No
Does the organization have a written conflict of interest policy?	No

Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?	No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?	No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?	No
Direct and indirect political expenditures	$0
Did the organization file Form 1120-POL for this year?	No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members	$0
Section 162(e) lobbying and political expenditures	$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices	$0
Taxable amount of lobbying and political expenditures	$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions	$0
Gross receipts for public use of club facilities	$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?	No
Amount of tax imposed on the organization during the year under: section 4911	$0
Amount of tax imposed on the organization during the year under: section 4912	$0
Amount of tax imposed on the organization during the year under: section 4955	$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?	No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958	$0
Amount of tax above, reimbursed by the organization	$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?	No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?	No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?	No
Number of employees employed in the pay period that includes March 12, 2006	6

Analysis of Income-Producing Activities (for 2007)
	Unrelated business income		Excluded by section 512, 513, or 514		Related or exempt function income
	Business code	Amount	Exclusion code	Amount
Total		$0		$0	$800
Program service revenue
Program service revenue 1	000000	$0	00	$0	$0
Program service revenue 2	000000	$0	00	$0	$0
Program service revenue 3	000000	$0	00	$0	$0
Program service revenue 4	000000	$0	00	$0	$0
Program service revenue 5	000000	$0	00	$0	$0
Medicare/Medicaid payments	000000	$0	00	$0	$0
Fees and contracts from government agencies	000000	$0	00	$0	$0
Membership dues and assessments	000000	$0	00	$0	$0
Interest on savings and temporary cash investments	000000	$0	00	$0	$0
Dividends and interest from securities	000000	$0	00	$0	$0
Net rental income or (loss) from real estate
debt-financed property	000000	$0	00	$0	$0
not debt-financed property	000000	$0	00	$0	$0
Net rental income or (loss) from personal property	000000	$0	00	$0	$0
Other investment income	000000	$0	00	$0	$0
Gain or (loss) from sales of assets other than inventory	000000	$0	00	$0	$0
Net income or (loss) from special events	000000	$0	00	$0	$0
Gross profit or (loss) from sales of inventory	000000	$0	00	$0	$0
Other revenue	000000	$0	00	$0	$800

Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entity	Percentage of ownership interest	Total income	End-of-year assets
	0%	$0	$0
	0%	$0	$0
	0%	$0	$0
	0%	$0	$0

Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
Compensation	Contributions to employee benefit plans & deferred compensation	Expense account and other allowances
$0	$0	$0
$0	$0	$0
$0	$0	$0
$0	$0	$0
$0	$0	$0

Total number of other employees paid over $50,000

0

Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities	$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?	No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?	No
Did the organization maintain any donor advised funds?	No
Did the organization make any taxable distributions under section 4966?	No
Did the organization make a distribution to a donor, donor advisor, or related person?	No
The total number of donor advised funds owned at the end of the tax year	$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year	$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts	$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year	$0

Reason for Non-Private Foundation Status
The organization is not a private foundation because it is	Organization that normally receives: less than 1/3 of its support from gross investment income and unrelated taxable business income and more than 1/3 of its support from contribution, membership fees

Support Schedule
	1999	2000	2001	2002	2003	2004	2005	2006
Total	$87,753	$140,659	$121,748	$154,284	$218,418	$141,036	$127,861	$110,156
Gifts, grants, and contributions received	$87,408	$139,972	$121,461	$154,280	$218,418	$141,036	$127,861	$110,156
Membership fees received	$0	$0	$0	$0	$0	$0	$0	$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose	$0	$0	$0	$0	$0	$0	$0	$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975	$345	$687	$287	$4	$0	$0	$0	$0
Net income from unrelated business activities not included above	$0	$0	$0	$0	$0	$0	$0	$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf	$0	$0	$0	$0	$0	$0	$0	$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge	$0	$0	$0	$0	$0	$0	$0	$0
Other income	$0	$0	$0	$0	$0	$0	$0	$0

Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures	$0
Total lobbying expenditures	$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)	$0
Total lobbying expenditures to influence a legislative body (direct lobbying)	$0
Other exempt purpose expenditures	$0
Lobbying nontaxable amount	$0
Grassroots nontaxable amount	$0

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18	Coalition Of Korean Americans For Social Services Inc	13665 Roosevelt Ave Ste 200, Flushing, NY 11354-5538	NY	1996-12	$0
19	Noyan Tapan Inc	238 Bay Ridge Pkwy Apt 3d, Brooklyn, NY 11209-2461	NY	2006-10	$0
20	Together In America	2 Washington Street, New York, NY 10004	NY	2001-06	$0

Number of organizations performing similar types of work
Alaska 3 Alabama 1 Arizona 5 California 42 Colorado 3 Connecticut 3 District of Columbia 5 Delaware 1 Florida 3 Georgia 2 Hawaii 1 Illinois 16 Indiana 2 Louisiana 2 Massachusetts 14 Maryland 5 Michigan 6 Minnesota 6 Missouri 1	Montana 1 North Carolina 8 North Dakota 1 Nebraska 1 New Jersey 11 New Mexico 3 Nevada 2 New York 31 Ohio 8 Oregon 3 Pennsylvania 8 Rhode Island 1 South Dakota 3 Texas 12 Utah 3 Virginia 3 Washington 5 Wisconsin 6 International 2
Total	233

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