Formosan Association for Public Affairs

EIN: 112615291 501(c)(3) Youth Development

Washington, DC

Total Revenue
$1,417,881
Total Expenses
$917,245
Total Assets
$5,576,723
Net Assets
$5,468,331
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
DC
Principal Officer
Su-Mei Kao
Phone
2025473686
Tax Period
2024-01-01 to 2024-12-31

Formosan Association for Public Affairs, founded in 1982, is a community nonprofit in the Youth Development sector that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 56% from the prior year, signaling strong growth momentum. The organization ran a surplus of $501K, a strong 35% operating margin.

Mission

To educate Americas cherished values to Taiwanese Americans. To promote people-to-people relationship between the U.S. and Taiwan. To motivate Taiwanese Americans to be involved in grassroot participation in Americans mainstream cultural process.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,359,721
Program Service Revenue $0
Investment Income $50,180
Other Revenue $7,980
TOTAL REVENUE $1,417,881

Expense Breakdown

Grants Paid $0
Salaries & Benefits $418,277
Fundraising Expenses $0
Program Expenses $839,587
Other Expenses $498,968
TOTAL EXPENSES $917,245

Year-over-Year Comparison

2024 2023 Change
Revenue $1,417,881 $906,401 +0.6%
Expenses $917,245 $895,561 +0.0%
Net Income $500,636 $10,840 +45.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
10
Independent Members
10
Employees
9
Volunteers
87

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
0
$0
Total Directors
1
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Su-Mei Kao National President N/A
Director
$0 $0 $0
Chia-Chun Chung National Vice President N/A
$0 $0 $0
Anny Chiao-Yun Hsiao Executive Director N/A
Key Emp
$0 $0 $0
Tony Lee Director N/A
$0 $0 $0
Chien-Yu Chou Director N/A
$0 $0 $0
Edwina Gurtler Director N/A
$0 $0 $0
Nancy Ho Director N/A
$0 $0 $0
Richard Wu Director N/A
$0 $0 $0
Rita Ho Director N/A
$0 $0 $0
CP Huan Director N/A
$0 $0 $0
Chieh-ting Yeh Director N/A
$0 $0 $0
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 $1,417,881 $917,245 $5,576,723 $500,636
2023 $906,401 $895,561 $4,853,153 $10,840
2022 $-2,692,133 $913,113 $4,238,624 $-3,605,246
2021 $2,376,253 $393,529 $7,828,385 $1,982,724
2020 $1,160,122 $412,469 $5,842,575 $747,653
2019 $1,368,171 $929,711 $5,124,060 $438,460
2018 $931,125 $756,226 $4,651,364 $174,899
Explore More Nonprofits
→Top 100 Nonprofits in District of Columbia →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Formosan Association for Public Affairs with other nonprofits in District of Columbia and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.