INTERCOLLEGIATE TAIWANESE AMERICAN STUDENTS ASSOCIATION: Form 990EZ, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
INTERCOLLEGIATE TAIWANESE AMERICAN STUDENTS ASSOCIATION (EIN 52-2092291)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-08-24
IRS object ID
201522389349200012
Schema version
2014v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2015-08-24T23:07:16-07:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt
Return Type990EZReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN522092291EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1INTERCOLLEGIATE TAIWANESE AMERICAN STUDENTS ASSOCIATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlINTEBusinessNameControlTxt
Phone3476882726PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 654AddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10163ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonAmanda LuPersonNm
Person TitleTreasurerPersonTitleTxt
Phone3476882726PhoneNum
Signature2015-08-05SignatureDt
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-02-25 16:41:14ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Website Addresswww.itasa.orgWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$89,155GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$65,521ContributionsGiftsGrantsEtcAmt
Program Service Revenue$23,634ProgramServiceRevenueAmt
Membership Dues$0MembershipDuesAmt
Investment Income$0InvestmentIncomeAmt
Sale Of Assets Gross$0SaleOfAssetsGrossAmt
Cost Or Other Basis Expense Sale$0CostOrOtherBasisExpenseSaleAmt
Gain Or Loss From Sale Of Assets$0GainOrLossFromSaleOfAssetsAmt
Gaming Gross Income$0GamingGrossIncomeAmt
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Special Events Direct Expenses$0SpecialEventsDirectExpensesAmt
Special Events Net Income Loss$0SpecialEventsNetIncomeLossAmt
Gross Sales Of Inventory$0GrossSalesOfInventoryAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt
Gross Profit Loss Sls Of Invntry$0GrossProfitLossSlsOfInvntryAmt
Other Revenue Total$0OtherRevenueTotalAmt
Total Revenue$89,155TotalRevenueAmt
Grants And Similar Amounts Paid$0GrantsAndSimilarAmountsPaidAmt
Benefits Paid To Or For Members$0BenefitsPaidToOrForMembersAmt
Salaries Other Comp Empl Bnft$0SalariesOtherCompEmplBnftAmt
Fees And Other Pymt To Ind Cntrct$0FeesAndOtherPymtToIndCntrctAmt
Occupancy Rent Utlts And Maint$0OccupancyRentUtltsAndMaintAmt
Printing Publications Postage$0PrintingPublicationsPostageAmt
Other Expenses Total$86,778OtherExpensesTotalAmt
Total Expenses$86,778TotalExpensesAmt
Excess Or Deficit For Year$2,377ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$16,496NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY$18,873NetAssetsOrFundBalancesEOYAmt

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$16,496BOYAmt
EOY$18,873EOYAmt

Land And Buildings LandAndBuildingsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$16,496BOYAmt
EOY$18,873EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$16,496BOYAmt
EOY$18,873EOYAmt
FieldValueIRS element (for citing)
Primary Exempt PurposeENGAGE in dialogue regarding the current cultural, economic, and political affairs of Taiwan as they relate to Taiwanese Americans and their identity.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (4 entries)

Description Program Srvc AccomDescriptionProgramSrvcAccomTxtGrants And AllocationsGrantsAndAllocationsAmtProgram Service ExpensesProgramServiceExpensesAmt
Cultural and Ethnic Awareness Program: The 2014 ITASA East Coast Conference was hosted by Yale University in New Haven, CT. As the organization's flagship conference, over 300 speakers and attendees traveled to the weekend-long event on Yale's campus.$0$27,685
Cultural and Ethnic Awareness Program: The 2014 ITASA Midwest Conference was held at UT Austin (the second time it's been held in Texas in the last 5 years) and saw over 100 attendees from the Midwest and South.$0$12,645
Cultural and Ethnic Awareness Program: The 2014 ITASA West Coast Conference was hosted by UC Berkeley where the theme was "Pause. Rewind. Play." focusing on developing the identity of Taiwanese American students. This was the second largest conference for ITASA.$0$34,949
Cultural and Ethnic Awareness Programs: ITASA National's student leaders held regular events and programming (such as mixers, awareness campaigns, and leadership retreats) between Taiwanese American student organizations clustered across 9 regions in the U.S. The central aim of this programming is to connect, inspire, and empower Taiwanese Americans students to be leaders academically, culturally, and profesionally.$0$11,499
FieldValueIRS element (for citing)
Total Program Service Expenses$86,778TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (7 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
Albert Liang
Board Member2$0$0$0
Amanda Lu
Board Member2$0$0$0
Charles Pan
Board Member2$0$0$0
Hanna Huang
Board Member2$0$0$0
Margaret Hsu
Board Member2.0$0$0$0
Pamela Hung
Board Member2.00$0$0$0
Phoebe Lee
Board Member2$0$0$0
FieldValueIRS element (for citing)
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not Rpt0ChgMadeToOrgnzngDocNotRptInd
Organization Had UBI0OrganizationHadUBIInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Direct Indirect Pltcl Expend$0DirectIndirectPltclExpendAmt
Form1120 Pol Filed0Form1120PolFiledInd
Made Loans To From Officers0MadeLoansToFromOfficersInd
Tax Imposed Under IRC4911$0TaxImposedUnderIRC4911Amt
Tax Imposed Under IRC4912$0TaxImposedUnderIRC4912Amt
Tax Imposed Under IRC4955$0TaxImposedUnderIRC4955Amt
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
Tax Imposed On Organization Mgr$0TaxImposedOnOrganizationMgrAmt
Tax Reimbursed By Organization$0TaxReimbursedByOrganizationAmt
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
States Where Copy Of Return Is FldDEStatesWhereCopyOfReturnIsFldCd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonAmanda LuPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 654AddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10163ZIPCd
FieldValueIRS element (for citing)
Phone3476882726PhoneNum
FieldValueIRS element (for citing)
Foreign Financial Account0ForeignFinancialAccountInd
Foreign Office0ForeignOfficeInd
Donor Advised Fnds0DonorAdvisedFndsInd
Operate Hospital0OperateHospitalInd
Tanning Services Provided0TanningServicesProvidedInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
School Operating0SchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (1)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$53,134CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$67,161CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$32,946CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$58,092CurrentTaxYearMinus1YearAmt
Current Tax Year$65,521CurrentTaxYearAmt
Total$276,854TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$39,788CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$48,645CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$16,674CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$48,904CurrentTaxYearMinus1YearAmt
Current Tax Year$23,634CurrentTaxYearAmt
Total$177,645TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$92,922CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$115,806CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$49,620CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$106,996CurrentTaxYearMinus1YearAmt
Current Tax Year$89,155CurrentTaxYearAmt
Total$454,499TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$454,499PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Total$0TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$92,922CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$115,806CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$49,620CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$106,996CurrentTaxYearMinus1YearAmt
Current Tax Year$89,155CurrentTaxYearAmt
Total$454,499TotalAmt
FieldValueIRS element (for citing)
Public Support CY5091PublicSupportCY509Pct
Public Support PY5091PublicSupportPY509Pct
Investment Income CY0InvestmentIncomeCYPct
Investment Income PY0InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests PY509Yes (X)ThirtyThrPctSuprtTestsPY509Ind

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceForm 990-EZ, Part I, Line 16FormAndLineReferenceDesc
ExplanationDescription;Amount^Yale University Conference;27685|University of Texas Austin Conference;12645|University of California Berkeley Conference;34949|ITASA National;11499^Total;86778^ExplanationTxt

Reasonable Cause Explanation ReasonableCauseExplanation

FieldValueIRS element (for citing)
ExplanationOver the past year, changes have been made to the Board of Directors of the Intercollegiate Taiwanese American Students Association (the Organization) for both the roles of Chairman and Treasurer. During this transitional period, there was miscommunication regarding the annual tax and extension filing process, which led to a late submission of the extension request. Historically, the Organization files for extensions both in May and again in August due to lagging transactions stemming from our 3 regional conferences. However, due to the misunderstanding of when the extension should have been filed this year, the Organization failed to submit an extension request by May 15. The Board of Directors has taken actions to mitigate the situation and to ensure that future filings (e.g., extensions, returns, and otherwise) will be met. The Board of Directors has drafted a revised set of bylaws to include more defined responsibilities of the role of Treasurer. Due to the significant impact any failures to fulfill the responsibilities of Treasurer would have on the Organization, a handbook is also being developed to document the specific duties of Treasurer for any future transitions. The Organization is supported entirely by volunteers from the Board of Directors-level for oversight of the ITASA National Board (comprised solely of students across the country) that manages the day-to-day operations of the organization. As a student-run non-profit organization, we have limited financial resources and this penalty will have a significant impact on the future of the Organization and the 10,000 students that rely on ITASA annually. The Organization has been operating in good faith and will continue to work with the IRS to resolve this and any other issues. We apologize again and we thank you for your consideration.ExplanationTxt

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.