ASIAN AMERICANS FOR EQUALITY INC (EIN 133187792) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1974

Legal Domicile

Principal Officer

THOMAS YU

Phone

2129798381

Tax Period

2023-01-01 to 2023-12-31

ASIAN AMERICANS FOR EQUALITY INC, founded in 1974, is a mid-sized nonprofit that reported $10.9M in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $9.8M left a modest 10% surplus.

Mission

ASIAN AMERICANS FOR EQUALITY, INC. (AAFE) ADVANCES THE RIGHTS OF ASIAN AMERICANS, AND THOSE IN NEED, THROUGH ADVOCACY FOR CIVIL RIGHTS, AFFORDABLE HOUSING, ECONOMIC DEVELOPMENT, AND IMMIGRANT SERVICES.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,804,011

Program Service Revenue $4,053,068

Investment Income $1,288

Other Revenue $36,814

TOTAL REVENUE $10,895,181

Expense Breakdown

Grants Paid $768,484

Salaries & Benefits $4,832,987

Fundraising Expenses $170,600

Program Expenses $7,145,597

Other Expenses $4,237,280

TOTAL EXPENSES $9,838,751

Year-over-Year Comparison

	2023	2022	Change
Revenue	$10,895,181	$11,572,389	-0.1%
Expenses	$9,838,751	$8,834,611	+0.1%
Net Income	$1,056,430	$2,737,778	-0.6%

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

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

$713,804

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CATHERINE KIM	VICE CHAIR	3.00	Officer Director	$0	$0	$0
CONNIE LEE	DIRECTOR	1.00	Director	$0	$0	$0
DONNA CHIU	DIRECTOR	1.00	Director	$0	$0	$0
GRACE ALSTER	DIRECTOR	1.00	Director	$0	$0	$0
HEIDIE JOO BURWELL	SECRETARY	2.00	Officer Director	$0	$0	$0
JACQUELINE HUEY	SECRETARY (OUTGOING)	0.20	Officer Director	$0	$0	$0
JENNIFER WU	DIRECTOR	1.00	Director	$0	$0	$0
JIM BURKE	DIRECTOR	1.00	Director	$0	$0	$0
JOHN LEO	DIRECTOR	1.00	Director	$0	$0	$0
KAY WEBSTER	DIRECTOR	1.00	Director	$0	$0	$0
KENNETH COHEN	DIRECTOR	1.00	Director	$0	$0	$0
LYDIA TOM	CHAIR	4.00	Officer Director	$0	$0	$0
PEGGY CHAN	TREASURER	2.00	Officer Director	$0	$0	$0
PING DANG	DIRECTOR (OUTGOING)	0.20	Director	$0	$0	$0
TIMOTHY WONG	DIRECTOR (OUTGOING)	0.20	Director	$0	$0	$0
TOBY S BABA	DIRECTOR	2.00	Director	$0	$0	$0
WENDY TAKAHISA	DIRECTOR	2.00	Director	$0	$0	$0
JOY SUZANNE GRANADO	CHIEF ACCOUNTING OFFICER	23.00	Officer	$192,545	$28,046	$220,591
MY CHANG	CHIEF OF STAFF	23.00	Officer	$139,860	$8,044	$147,904
THOMAS YU	CO-EXECUTIVE DIRECTOR	23.00	Officer	$0	$66,264	$345,309
EDWARD LITVAK	DIRECTOR OF MARKETING	35.00	Highest	$155,364	$37,598	$192,962
EMILY RIOS	DIRECTOR OF COMMUNITY SERV	35.00	Highest	$165,128	$36,486	$201,614
ETHEL COFFINAS	DIRECTOR OF HUMAN RESOURCE	35.00	Highest	$164,235	$37,379	$201,614
HUI-YUAN NELSON CHAN	MANAGING DIR OF COMMUNITY SVCS.	35.00	Highest	$168,900	$48,163	$217,063
SHERRY CAPILI	SENIOR PROJECT MANAGER	35.00	Highest	$149,255	$26,063	$175,318

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	No data	No data	No data	No data
2023	$10,895,181	$9,838,751	$27,979,358	$1,056,430
2022	$11,572,389	$8,834,611	$31,717,627	$2,737,778
2022	$11,572,389	$8,834,611	$31,717,627	$2,737,778
2021	$8,393,675	$7,310,019	$26,601,430	$1,083,656
2020	$7,119,666	$8,359,116	$25,182,567	$-1,239,450
2019	$6,175,319	$7,461,453	$22,984,747	$-1,286,134
2018	$6,188,295	$7,151,040	$20,253,421	$-962,745

ASIAN AMERICANS FOR EQUALITY INC