TY 2011 Form 990EZ

Form990-EZ
Click to see list of attachments

Department of the Treasury
Internal Revenue Service

Short Form
Return of Organization Exempt From Income Tax

Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code
(except black lung benefit trust or private foundation)

Sponsoring organizations of donor advised funds, organizations that operate one or more hospital facilities, and certain controlling organizations as defined in section 512(b)(13) must file Form 990 (see instructions).
All other organizations with gross receipts less than $200,000 and total assets less than $500,000 at the end of the year may use this form.

The organization may have to use a copy of this return to satisfy state reporting requirements.

OMB No. 1545-1150

2011

Open to Public
Inspection

Check if applicable:

Address change

Name change

Initial return

Terminated

Amended return

Application pending

C Name of organization
Asian American Bar Association

Number and street (or P. O. box, if mail is not delivered to street address)PO Box 1554
Room/suite

City or town, state or country, and ZIP + 4 Houston, TX77251

D Employer identification number

76-0116089

E Telephone number

(281) 210-7069

F Group Exemption
Number. . bullet

K Check

if the organization is not a section 509(a)(3) supporting organization or a section 527 organization and its gross receipts are normally not more than $50,000. A Form 990-EZ or Form 990 return is not required though Form 990-N (e-postcard) may be required (see instructions). But if the organization chooses to file a return, be sure to file a complete return.

Part IRevenue, Expenses, and Changes in Net Assets or Fund Balances (see the instructions for Part I.)Check if the organization used Schedule O to respond to any question in this Part I...........
	1	Contributions, gifts, grants, and similar amounts received...............	1
2	Program service revenue including government fees and contracts ............	2	5,333
3	Membership dues and assessments......................	3	2,400
4	Investment income...........................	4	475
5a	Gross amount from sale of assets other than inventory........	5a
b	Less: cost or other basis and sales expenses...........	5b	0
c	Gain or (loss) from sale of assets other than inventory (Subtract line 5b from line 5a) ......	5c
6	Gaming and fundraising events
a	Gross income from gaming (attach Schedule G if greater than $15,000) .	6a
b	Gross income from fundraising events (not including $ of contributions from fundraising events reported on line 1) (attach Schedule G if the
	sum of such gross income and contributions exceeds $15,000)	6b	121,852
c	Less: direct expenses from gaming and fundraising events.......	6c	43,238
d	Net income or (loss) from gaming and fundraising events (Add lines 6a and 6b and subtract line 6c)	6d	78,614
7a	Gross sales of inventory, less returns and allowances........	7a
b	Less: cost of goods sold.................	7b	0
c	Gross profit or (loss) from sales of inventory (Subtract line 7b from line 7a) .........	7c
8	Other revenue (describe in Schedule O) .....................	8
9	Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8.................	9	86,822
	10	Grants and similar amounts paid (list in Schedule O) .................	10	22,382
11	Benefits paid to or for members........................	11
12	Salaries, other compensation, and employee benefits................	12
13	Professional fees and other payments to independent contractors............	13	950
14	Occupancy, rent, utilities, and maintenance...................	14
15	Printing, publications, postage, and shipping...................	15
16	Other expenses (describe in Schedule O) ....................	16	13,162
17	Total expenses. Add lines 10 through 16 ....................	17	36,494
	18	Excess or (deficit) for the year (Subtract line 17 from line 9)............	18	50,328
19	Net assets or fund balances at beginning of year (from line 27, column (A)) (must agree with
	end-of-year figure reported on prior year’s return)................	19	171,340
20	Other changes in net assets or fund balances (explain in Schedule O) ..........	20
21	Net assets or fund balances at end of year. Combine lines 18 through 20.........	21	221,668

Part IRevenue, Expenses, and Changes in Net Assets or Fund Balances (see the instructions for Part I.)Check if the organization used Schedule O to respond to any question in this Part I...........

Contributions, gifts, grants, and similar amounts received...............

Program service revenue including government fees and contracts ............

5,333

Membership dues and assessments......................

2,400

Investment income...........................

475

Gross amount from sale of assets other than inventory........

Less: cost or other basis and sales expenses...........

Gain or (loss) from sale of assets other than inventory (Subtract line 5b from line 5a) ......

Gaming and fundraising events

Gross income from gaming (attach Schedule G if greater than $15,000) .

Gross income from fundraising events (not including $ of contributions
from fundraising events reported on line 1) (attach Schedule G if the Click to see attachment

sum of such gross income and contributions exceeds $15,000)

121,852

Less: direct expenses from gaming and fundraising events.......

43,238

Net income or (loss) from gaming and fundraising events (Add lines 6a and 6b and subtract line 6c)

78,614

Gross sales of inventory, less returns and allowances........

Less: cost of goods sold.................

Gross profit or (loss) from sales of inventory (Subtract line 7b from line 7a) .........

Other revenue (describe in Schedule O) .....................

Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8.................

86,822

Grants and similar amounts paid (list in Schedule O) .................

22,382

Benefits paid to or for members........................

Salaries, other compensation, and employee benefits................

Professional fees and other payments to independent contractors............

950

Occupancy, rent, utilities, and maintenance...................

Printing, publications, postage, and shipping...................

Other expenses (describe in Schedule O) ....................

13,162

Total expenses. Add lines 10 through 16 ....................

36,494

Excess or (deficit) for the year (Subtract line 17 from line 9)............

50,328

Net assets or fund balances at beginning of year (from line 27, column (A)) (must agree with

end-of-year figure reported on prior year’s return)................

171,340

Other changes in net assets or fund balances (explain in Schedule O) ..........

Net assets or fund balances at end of year. Combine lines 18 through 20......... Bullet

221,668

Part IIIStatement of Program Service Accomplishments (see the instructions for Part III.) Check if the organization used Schedule O to respond to any question in this Part III .	Expenses (Required for section 501(c)(3) and 501(c)(4) organizations and section 4947(a)(1) trusts; optional for others.)
What is the organization's primary exempt purpose? To promote/develop Asian American attorneys
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. In a clear and concise manner, describe the services provided, the number of persons benefited, and other relevant information for each program title.
28 AABA provides community outreach and pro bono workshops and programs. (Grants $ ) If this amount includes foreign grants, check here ...		28a
29 AABA provides networking opportunities for its members through social events and other periodic meetings and informational gatherings. (Grants $ ) If this amount includes foreign grants, check here ...		29a
30 AABA provides educational programs for members to foster career enhancement, continued education, and volunteer community mentorings to advance business of Asian lawyers practicing in Houston. (Grants $ ) If this amount includes foreign grants, check here ...		30a
31 Other program services (describe in Schedule O) .................. (Grants $ ) If this amount includes foreign grants, check here...	31a
32 Total program service expenses (add lines 28a through 31a)..............	32

(a) Name and title	(b) Average hours per week devoted to position	(c)Reportable compensation (Forms W-2/1099-MISC) (if not paid, enter -0-)	(d) Health benefits, contributions to employee benefit plans, and deferred compensation	(e) Estimated amount of other compensation
Tyrone Lin PO Box 1554 Houston,TX77251	Director1.00	0
Catherine Than PO Box 1554 Houston,TX77251	Director1.00	0
Kenneth S Soh PO Box 1554 Houston,TX77251	Director1.00	0
Joseph T Tung PO Box 1554 Houston,TX77251	Director1.00	0
Joyce Kao Soliman PO Box 1554 Houston,TX77251	Director1.00	0
Jenny Hyun PO Box 1554 Houston,TX77251	Director1.00	0
Warren S Huang PO Box 1554 Houston,TX77251	Director1.00	0
Todd E Chen PO Box 1554 Houston,TX77251	Director1.00	0
Steve Bae PO Box 1554 Houston,TX77251	Director1.00	0
Judy Y Liu PO Box 1554 Houston,TX77251	Board Chair5.00	0
David Hsu PO Box 1554 Houston,TX77251	Treasurer5.00	0
Jane Nguyen PO Box 1554 Houston,TX77251	Secretary5.00	0
Anna Ha PO Box 1554 Houston,TX77251	VP Programs5.00	0
Erick Wang PO Box 1554 Houston,TX77251	VP Membership5.00	0
Juvie Cruz PO Box 1554 Houston,TX77251	VP Development5.00	0
Alice Huang PO Box 1554 Houston,TX77251	VP Community5.00	0
Daniel H Chen PO Box 1554 Houston,TX77251	President Elect5.00	0
Audrey Chang PO Box 1554 Houston,TX77251	President5.00	0

Section 501(c)(3) and 501(c)(4) organizations. Did the organization engage in any section 4958 excess benefittransaction during the year or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? If “Yes,” complete Schedule L, Part I. ......

40b

Part VI

Section 501(c)(3) organizations and section 4947(a)(1) nonexempt charitable trusts only. All section 501(c)(3) organizations and section 4947(a)(1) nonexempt charitable trusts must answer questions 47-49b and 52. Check if the organization used Schedule O to respond to any question in this Part VI ...........

Yes

Did the organization engage in lobbying activities or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II .......................

Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E ....

49a

Did the organization make any transfers to an exempt non-charitable related organization?......

49a

If "Yes," was the related organization a section 527 organization?................

49b

Complete this table for the organization's five highest compensated employees (other than officers, directors, trustees and key employees) who each received more than $100,000 of compensation from the organization. If there is none, enter "None."

(a) Name and title of each employee paid more than $100,000	(b) Average hours per week devoted to position	(c) Reportable compensation (Forms W-2/1099-MISC)	(d) Health benefits, contributions to employee benefit plans, and deferred compensation	(e) Estimated amount of other compensation
NONE

Total number of other employees paid over $100,000 ................. bullet

Complete this table for the organization's five highest compensated independent contractors who each received more than $100,000 of compensation from the organization. If there is none, enter "None."

(a) Name and address of each independent contractor paid more than $100,000	(b) Type of service	(c) Compensation
NONE

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.

(i) Name and address of individual or entity (fundraiser)	(ii) Activity	(iii) Did fundraiser have custody or control of contributions?	(iv) Gross receipts from activity	(v) Amount paid to (or retained by) fundraiser listed in col. (i)	(vi) Amount paid to (or retained by) organization
Total .................

Identifier	Return Reference	Explanation
Form 990-EZ, Part V, Line 35	Reason for Income Not Reported on Form 990-T	Event revenue is received from both attendees and sponsors. Events are designed to present information while providing a forum for attendees to expand their business contacts.
Form 990-EZ, Part I, Line 16.1	Other Expenses.1	Membership & dues $100
Form 990-EZ, Part I, Line 16.1012	Other Expenses.1012	Insurance $495
Form 990-EZ, Part I, Line 16.1007	Other Expenses.1007	Conferences, Conventions, and Meetings $12452
Form 990-EZ, Part I, Line 16.1002	Other Expenses.1002	Office Expenses $115
Form 990-EZ, Part I, Line 10.1	Grants and Similar Amounts Paid In Excess of $5,000.1	\| Donee's Name: Asian American Bar Foundation \| Donee's Address: P.O. Box 1351 Houston, TX 77252 \| Cash Amount Given: $20865

Identifier

Return Reference

Explanation

Form 990-EZ, Part V, Line 35

Reason for Income Not Reported on Form 990-T

Event revenue is received from both attendees and sponsors. Events are designed to present information while providing a forum for attendees to expand their business contacts.

Form 990-EZ, Part I, Line 16.1

Other Expenses.1

Membership & dues $100

Form 990-EZ, Part I, Line 16.1012

Other Expenses.1012

Insurance $495

Form 990-EZ, Part I, Line 16.1007

Other Expenses.1007

Conferences, Conventions, and Meetings $12452

Form 990-EZ, Part I, Line 16.1002

Other Expenses.1002

Office Expenses $115

Form 990-EZ, Part I, Line 10.1

Grants and Similar Amounts Paid In Excess of $5,000.1

| Donee's Name: Asian American Bar Foundation | Donee's Address: P.O. Box 1351 Houston, TX 77252 | Cash Amount Given: $20865

Sign Here

	Signature of officer	Date

	Type or print name and title

Software ID:	11000144
Software Version:	2011v1.2

a	Mail solicitations	e	Solicitation of non-government grants
b	Internet and e-mail solicitations	f	Solicitation of government grants
c	Phone solicitations	g	Special fundraising events
d	In-person solicitations

		(a) Event #1 Gala (event type)	(d) Total Events (Add col. (a) through col. (c))
1	Gross receipts . . .	121,852	121,852
2	Less: Charitable contributions . . .
3	Gross income (line 1 minus line 2) . . .	121,852	121,852
4	Cash prizes . . .
5	Non-cash prizes . .
6	Rent/facility costs . .
7	Food and beverages . .
8	Entertainment . . .
9	Other direct expenses .	43,238	43,238
10	Direct expense summary. Add lines 4 through 9 in column (d) ...........		43,238
11	Net income summary. Combine lines 3 and 10 in column (d)............		78,614

Software ID:	11000144
Software Version:	2011v1.2