2025-05-15T14:10:20-05:00 2024-06-30 450250958 Eide Bailly LLP 4585 Coleman St Ste 200 Bismarck ND 58503 990 2023-07-01 831400463 Apex Fund for Economic Opportunities APEX 3305353263 370 E Market Street Akron OH 44304 Susan Wong Executive Director 3305353263 2025-05-15 1 0 Lisa Chaffee CPA P00193453 7012551091 2025-05-15 2023 2025-03-06 01:10:19Z Susan Wong 370 E Market Street Akron OH 44304 405224 0 X N/A X 2020 OH Empowering refugees and immigrants by offering microloans and business support services 3 3 0 4 0 0 61953 394353 2128 5181 5065 5690 0 0 69146 405224 0 5000 0 0 0 80925 0 0 4076 31835 86425 31835 172350 37311 232874 252562 337964 208047 60575 44515 277389 To foster financial independence and community integration by offering microloans, business support services, and financial literacy education. 0 0 156000 5000 5181 APEX assisted 53 businesses with start-up in 2024. APEX is dedicated to empowering refugees and immigrants who want to start or expand their own businesses. APEX's core mission is to foster financial independence and community integration by offering microloans, business support services and financial literacy education. 156000 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 1 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 1 1 0 0 OH X Chandra Ghalley 3305353263 370 East Market Street Akron OH 44304 Susan Wong Executive Director 15.00 X X 33204 0 3592 Bhupati Pradhan President 1.00 X X 0 0 0 Serena Lu Treasurer 1.00 X X 0 0 0 Rot Sorn Board Member 1.00 X 0 0 0 33204 0 3592 0 0 0 1 0 119535 274818 394353 5181 5181 5181 5690 5690 405224 5181 0 5690 X 5000 5000 38727 34855 1936 1936 34134 30838 1648 1648 3 3 2306 2080 113 113 5755 5189 283 283 37742 29680 8062 528 528 1933 1740 97 96 776 776 739 739 6563 6563 3031 3031 135 135 Provision for Credit Lo 32000 32000 Miscellaneous Expense 2978 2978 172350 156000 12274 4076 169552 260681 10044 83010 67239 252562 337964 823 70000 3915 82230 55817 55837 208047 60575 X 29515 277389 15000 0 44515 277389 252562 337964 232874 0 X 0 1 X 0 0 X 61953 394353 456306 375 2128 5181 7684 375 64081 399534 463990 0 0 0 463990 4848 5065 5690 15603 4848 5065 5690 15603 5223 69146 405224 479593 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 Notes Receivable-Economic Development Loans 67239 67239 Due to ASIA 55837 55837 X 405224 0 405224 0 405224 172350 0 172350 0 172350 Part X, Line 2: APEX believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. APEX would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred. X X X 0 0 0 0 0 0 0 0 0 Susan Wong Executive Director 33204 0 0 0 0 0 3592 0 0 0 36796 0 0 0 Schedule J, Part II Susan Wong, Executive Director, is compensated by an unrelated organization, Asian Services in Action (ASIA), for her services to the Organization. The Organization reimburses ASIA for the compensation and benefit amounts. ASIA issues a W-2 to Susan. Form 990, Part VI, Section A, line 8b There are no committees with authority to act on behalf of the governing body. Form 990, Part VI, Section B, line 11b The Form 990 is emailed to the board members to review before filing. Form 990, Part VI, Section B, line 12c The organization has a conflict of interest policy which covers the staff, volunteers, interns and board members. An annual conflict of interest form is signed. The CEO determines if a conflict of interest exists. The board determines if there are any restrictions for a person with a conflict. Form 990, Part VI, Section B, line 15a The Executive Director is compensated by Asian Services in Action (ASIA), an unrelated organization, for services to the Organization. The Executive Director's Compensation is reviewed and determined by the CEO of ASIA. Compensation is reviewed on an annual basis. Staff performance and the financial situation of ASIA are used to determine the compensation amount. Comparability data is also referenced. Form 990, Part VI, Section C, line 19 The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request. Form 990, Part IX, line 11g Contracted Services: Program service expenses 29,680. Management and general expenses 7,981. Fundraising expenses 0. Total expenses 37,661. Professional Fees: Program service expenses 0. Management and general expenses 81. Fundraising expenses 0. Total expenses 81.