ASIAN AMERICAN CIVIC ASSOCIATION INC (EIN 042476258) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1970

Legal Domicile

Principal Officer

MARY CHIN

Phone

6174269492

Tax Period

2023-07-01 to 2024-06-30

ASIAN AMERICAN CIVIC ASSOCIATION INC, founded in 1970, is a community nonprofit in the Human Services sector that reported $4.6M in total revenue in fiscal year 2023. The organization ran a surplus of $1.1M, a strong 23% operating margin.

Mission

AACA'S MISSION IS TO EMPOWER IMMIGRANTS AND ALL WHO SEEK OUR HELP THROUGH EDUCATION, GUIDANCE, RESOURCES, AND SUPPORT IN ORDER TO ACHIEVE ECONOMIC SELF-SUFFICIENCY AND BUILD WEALTH FOR A STRONG FUTURE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,288,963

Program Service Revenue $1,082,059

Investment Income $209,064

Other Revenue $-10,165

TOTAL REVENUE $4,569,921

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,275,157

Fundraising Expenses $15,450

Program Expenses $3,070,377

Other Expenses $1,238,678

TOTAL EXPENSES $3,513,835

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,569,921	$4,806,823	0.0%
Expenses	$3,513,835	$3,470,433	+0.0%
Net Income	$1,056,086	$1,336,390	-0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEEB N SALEM	PRESIDENT	1.00	Officer Director	$0	$0	$0
RICHARD SOO HOO	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
WILLIAM H SCHMIDT	CLERK	1.00	Officer Director	$0	$0	$0
PHLIP CHIN	TREASURER	1.00	Officer Director	$0	$0	$0
SUZANNE CASE	DIRECTOR	1.00	Director	$0	$0	$0
JULIA KIM	DIRECTOR	1.00	Director	$0	$0	$0
EDMUND CROTTY	DIRECTOR	1.00	Director	$0	$0	$0
MARY K Y LEE	DIRECTOR	1.00	Director	$0	$0	$0
TONY FRANZONE	DIRECTOR	1.00	Director	$0	$0	$0
LILLY CHEN	DIRECTOR	1.00	Director	$0	$0	$0
LISA COOK	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM LEONG	DIRECTOR	1.00	Director	$0	$0	$0
NAOUFAL TAKI	DIRECTOR	1.00	Director	$0	$0	$0
EDWARD SCRIBNER	DIRECTOR	1.00	Director	$0	$0	$0
MARY CHIN	CHIEF EXECUTIVE OFFICER	35.00	Highest	$138,265	$0	$138,265

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$4,569,921	$3,513,835	$10,969,722	$1,056,086
2023	$4,806,823	$3,470,433	$9,718,365	$1,336,390
2022	$4,735,351	$3,355,914	$8,409,626	$1,379,437
2021	$3,739,308	$3,226,690	$7,220,805	$512,618
2020	$3,190,544	$3,381,860	$6,865,446	$-191,316
2019	$3,252,891	$3,182,303	$6,638,045	$70,588
2018	$3,443,345	$3,419,318	$6,564,157	$24,027

ASIAN AMERICAN CIVIC ASSOCIATION INC