KUNDIMAN INC

EIN: 061650662 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$527,543
Total Expenses
$1,039,574
Total Assets
$651,876
Net Assets
$617,422
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
NY
Principal Officer
NEREIDA TRUJILLO
Phone
9177484029
Tax Period
2024-01-01 to 2024-12-31

KUNDIMAN INC, founded in 2002, is a small nonprofit in the Arts, Culture & Humanities sector that reported $528K in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $1.0M exceeded revenue, resulting in a 97% operating deficit.

Mission

KUNDIMAN IS A NATIONAL NONPROFIT ORGANIZATION DEDICATED TO NURTURING GENERATIONS OF WRITERS AND READERS OF ASIAN AMERICAN LITERATURE.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $505,406
Program Service Revenue $8,857
Investment Income $12,978
Other Revenue $302
TOTAL REVENUE $527,543

Expense Breakdown

Grants Paid $0
Salaries & Benefits $557,075
Fundraising Expenses $190,665
Program Expenses $496,218
Other Expenses $482,499
TOTAL EXPENSES $1,039,574

Year-over-Year Comparison

2024 2023 Change
Revenue $527,543 $700,417 -0.2%
Expenses $1,039,574 $944,981 +0.1%
Net Income $-512,031 $-244,564 +1.1%
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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Governance

Voting Members
18
Independent Members
18
Employees
6
Volunteers
18

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
9
$34,462
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSEPH O LEGASPI PRESIDENT 1.00
Officer Director
$0 $0 $0
RICCO SIASOCO PRESIDENT 1.00
Officer Director
$0 $0 $0
RANA TAHIR PRESIDENT 1.00
Officer Director
$0 $0 $0
WYLIE CHEN VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
NINA M CHUNG SECRETARY 1.00
Officer Director
$0 $0 $0
ANDY CHEN SECRETARY 1.00
Officer Director
$0 $0 $0
KATRINA VENTURINA TREASURER 1.00
Officer Director
$0 $0 $0
CHING-IN CHEN TREASURER 1.00
Officer Director
$0 $0 $0
J MAE BARIZO BOARD MEMBER 1.00
Director
$0 $0 $0
STEPHEN SOHN BOARD MEMBER 1.00
Director
$0 $0 $0
LESLIE NORTON BOARD MEMBER 1.00
Director
$0 $0 $0
SARAH GAMBITO BOARD MEMBER 1.00
Director
$0 $0 $0
JACK RICAFRENTE BOARD MEMBER 1.00
Director
$0 $0 $0
CHIA-CHEE CHIU BOARD MEMBER 1.00
Director
$0 $0 $0
KAZIM ALI BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID MURA BOARD MEMBER 1.00
Director
$0 $0 $0
SEEMA YASMIN BOARD MEMBER 1.00
Director
$0 $0 $0
TIMOTHY YU BOARD MEMBER 1.00
Director
$0 $0 $0
CATHY LINH CHE EXECUTIVE DIRECTOR UNTIL 6/2024 20.00
Officer
$34,462 $0 $34,462
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
2024 $527,543 $1,039,574 $651,876 $-512,031
2024 No data No data No data No data
2023 $700,417 $944,981 $1,141,991 $-244,564
2022 $1,322,528 $694,218 $1,416,137 $628,310
2021 $782,987 $438,862 $776,595 $344,125
2020 $603,543 $342,088 $465,566 $261,455
2019 $383,918 $343,769 $143,239 $40,149
2018 $249,058 $249,008 $99,978 $50
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