BOSTON, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ASIAN-AMERICAN LAWYERS ASSOCIATION OF MASSACHUSETTS INC, founded in 1984, is a small nonprofit in the Crime & Legal sector that reported $146K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $130K left a modest 11% surplus.
AALAM serves as a professional and social network for its members who practice in all sectors of the legal profession. Since its inception in 1984 AALAM has devoted its energy and resources to serving the Asian American legal community and improving and facilitating the administration of law and justice.
Professional networking and development activities including member meetings and events.
Sponsorship of local charitable organizations including payment for event tickets and law school asian law student associations . These sponsorships include the Harvard Asian Pacific American Law...
Sponsorship of local charitable organizations including payment for event tickets and law school asian law student associations . These sponsorships include the Harvard Asian Pacific American Law Students Association Dow Memorial Fund a Law Students Support Program Boston Chinatown Neighborhood Center the Greater Boston Legal Services Asian Outreach Unit and the Childrens Room Foundation
AALAM Scholarship
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $146,113 | $131,561 | +0.1% |
| Expenses | $129,584 | $126,905 | +0.0% |
| Net Income | $16,529 | $4,656 | +2.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Melissa Wong | President and Officer | 4.00 |
Officer
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$0 | $0 | $0 |
| Tiffany Ko | Vice President and Officer | 4.00 |
Officer
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$0 | $0 | $0 |
| Justin Yi | Secretary and Officer | 4.00 |
Officer
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$0 | $0 | $0 |
| Diana Li Chikwamba | Treasurer and Officer | 4.00 |
Officer
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$0 | $0 | $0 |
| Chantal Choi | Assistant Treasurer and Officer | 4.00 |
Officer
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $146,113 | $129,584 | $200,148 | $16,529 |
Compare ASIAN-AMERICAN LAWYERS ASSOCIATION OF MASSACHUSETTS INC with other nonprofits in Massachusetts and across the country.