ASIAN-AMERICAN LICENSED BEVERAGE ASSOCIATION

EIN: 204789917 Community Improvement

PHILADELPHIA, PA

Total Revenue
$7,415
Total Expenses
$61,850
Total Assets
N/A
Net Assets
N/A
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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
2005
Legal Domicile
PA
Principal Officer
ADAM XU
Phone
2679184765
Tax Period
2023-01-01 to 2023-12-31

ASIAN-AMERICAN LICENSED BEVERAGE ASSOCIATION, founded in 2005, is a micro nonprofit in the Community Improvement sector that reported $7K in total revenue in fiscal year 2023. Revenue surged 145% from the prior year, signaling strong growth momentum. Expenses of $62K exceeded revenue, resulting in a 734% operating deficit.

Mission

HAVING ALL LIQUOR LICENSEES OWNER TOGETHER WITH LAWYERS FOR PROTECTING FROM DISCRIMINATION OF OPENING STORE HOURS AND OTHER RELATED ISSUES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $7,415
Other Revenue $0
TOTAL REVENUE $7,415

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $61,850
Other Expenses $61,850
TOTAL EXPENSES $61,850

Year-over-Year Comparison

2023 2022 Change
Revenue $7,415 $3,024 +1.5%
Expenses $61,850 $11,557 +4.4%
Net Income $-54,435 $-8,533 +5.4%
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
3

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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ADAM XU OFFICER 5.00
Officer
$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
2023 $7,415 $61,850 No data $-54,435
2022 $3,024 $11,557 No data $-8,533
2021 $3,061 $16,000 $316,080 $-12,939
2020 $19,130 $10,578 $328,659 $8,552
2019 $79,071 $127,201 $320,107 $-48,130
2018 $115,812 $242,973 $368,236 $-127,161
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