ASIAN AMERICANS UNITED INC

EIN: 222981076 501(c)(3) Youth Development

PHILADELPHIA, PA

Total Revenue
$1,196,003
Total Expenses
$804,871
Total Assets
$2,155,361
Net Assets
$1,991,914
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
PA
Principal Officer
ALICE VUONG
Phone
2159251538
Tax Period
2024-01-01 to 2024-12-31

ASIAN AMERICANS UNITED INC, founded in 1985, is a community nonprofit in the Youth Development sector that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 50% from the prior year, signaling strong growth momentum. The organization ran a surplus of $391K, a strong 33% operating margin.

Mission

ASIAN AMERICANS UNITED (AAU) EXISTS SO THAT PEOPLE OF ASIAN ANCESTRY IN THE PHILADELPHIA AREA EXERCISE LEADERSHIP TO BUILD THEIR COMMUNITIES AND UNITE TO CHALLENGE OPPRESSION. AAU'S ARTS AND CULTURE WORK CREATES SOCIAL CHANGE BY ENGAGING COMMUNITY MEMBERS IN: BUILDING LEADERSHIP AND COMMUNITY, REALIZING COMMUNITY MEMBERS' INHERENT ARTISTIC AND CREATIVE POTENTIAL, AND BUILDING PRIDE IN CULTURAL HERITAGE. AAU'S YOUTH WORK SUPPORTS YOUTH BECOME INDIVIDUALLY, SOCIALLY, AND POLITICALLY AWARE; EXERCISE THEIR VOICE; AND PARTICIPATE IN ACTIVE STRUGGLES FOR JUSTICE. THROUGH THIS WORK, WE CREATE LEADERS WHO SUSTAIN, FIGHT FOR, AND GIVE BACK TO OUR COMMUNITIES.

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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 $1,055,136
Program Service Revenue $94,398
Investment Income $46,469
Other Revenue $0
TOTAL REVENUE $1,196,003

Expense Breakdown

Grants Paid $0
Salaries & Benefits $478,272
Fundraising Expenses $70,710
Program Expenses $625,459
Other Expenses $326,599
TOTAL EXPENSES $804,871

Year-over-Year Comparison

2024 2023 Change
Revenue $1,196,003 $798,295 +0.5%
Expenses $804,871 $644,720 +0.2%
Net Income $391,132 $153,575 +1.5%
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
7
Independent Members
7
Employees
16
Volunteers
500

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
4
$94,289
Total Directors
7
$17,121
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VIVIAN CHANG EXECUTIVE DI 40.00
Officer
$70,000 $7,168 $77,168
NEETA PATEL JAN-FEB INTERIM E.D. 40.00
Officer Director
$11,106 $6,015 $17,121
ALICE VUONG PRESIDENT 3.00
Officer Director
$0 $0 $0
TERESA ENGST SECRETARY 3.00
Officer Director
$0 $0 $0
AISHIKA JENNELA BOARD MEMBER 2.00
Director
$0 $0 $0
HUIDAN MEI BOARD MEMBER 2.00
Director
$0 $0 $0
JENNY CHEN BOARD MEMBER 2.00
Director
$0 $0 $0
RENYU WU BOARD MEMBER 2.00
Director
$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 $1,196,003 $804,871 $2,155,361 $391,132
2023 $798,295 $644,720 $2,271,921 $153,575
2022 $915,245 $503,668 $2,003,012 $411,577
2021 $1,018,245 $428,976 $1,252,917 $589,269
2020 $563,861 $341,885 $654,891 $221,976
2019 $412,567 $352,881 $432,555 $59,686
2018 $380,813 $291,573 $371,762 $89,240
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