GREATER PHILADELPHIA ASIAN SOCIAL SERVICE CENTER

EIN: 232216151 501(c)(3) Human Services

PHILADELPHIA, PA

Total Revenue
$2,022,729
Total Expenses
$1,981,232
Total Assets
$1,318,389
Net Assets
$1,217,638
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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
1982
Legal Domicile
PA
Principal Officer
IRIS BRYANT
Phone
2154561662
Tax Period
2023-07-01 to 2024-06-30

GREATER PHILADELPHIA ASIAN SOCIAL SERVICE CENTER, founded in 1982, is a community nonprofit in the Human Services sector that reported $2.0M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

PROVIDE HUMAN AND SOCIAL SERVICES TO INDIVIDUALS IN THE COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $1,687,946 Revenue: $2,009,416

PROVIDE HUMAN AND SOCIAL SERVICES, INCLUDING SUBSTANCE ABUSE COUNSELING (APPROXIMATELY 200 CLIENTS SERVED), LOW INCOME ENERGY ASSISTANCE AND HOUSING COUNSELING(APPROXIMATELY 1,100 RESIDENTS RECEIVED...

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PROVIDE HUMAN AND SOCIAL SERVICES, INCLUDING SUBSTANCE ABUSE COUNSELING (APPROXIMATELY 200 CLIENTS SERVED), LOW INCOME ENERGY ASSISTANCE AND HOUSING COUNSELING(APPROXIMATELY 1,100 RESIDENTS RECEIVED SERVICES), HOME HEALTH CARE AND OTHER SOCIAL SERVICES, INCLUDING FOOD DISTRIBUTIONS PROVIDED TO APPROXIMATELY 2,700 INDIVIDUALS.

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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 $11,000
Program Service Revenue $1,998,416
Investment Income $13,313
Other Revenue $0
TOTAL REVENUE $2,022,729

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,596,854
Fundraising Expenses $0
Program Expenses $1,687,946
Other Expenses $384,378
TOTAL EXPENSES $1,981,232

Year-over-Year Comparison

2023 2022 Change
Revenue $2,022,729 $1,863,815 +0.1%
Expenses $1,981,232 $1,511,448 +0.3%
Net Income $41,497 $352,367 -0.9%
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
8
Independent Members
7
Employees
85
Volunteers
N/A

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
6
$119,100
Total Directors
8
$72,300
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
YOAN KIM DIRECTOR/PRE 40.00
Officer Director
$72,300 $0 $72,300
EUNYOUN KIM CEO 40.00
Officer
$46,800 $0 $46,800
TERRI BOOKER DIRECTOR 4.00
Director
$0 $0 $0
IRIS BRYANT BOARD PRESID 2.00
Officer Director
$0 $0 $0
MARJORIE BURNET SECRETARY 2.00
Officer Director
$0 $0 $0
REGINAL COOPER TREASURER 4.00
Officer Director
$0 $0 $0
ROBERT HOPPE DIRECTOR 4.00
Director
$0 $0 $0
GIEFAAN KIM VICE PRESIDE 4.00
Officer Director
$0 $0 $0
SHARON VOUGHN DIRECTOR 4.00
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
2025 No data No data No data No data
2024 $2,022,729 $1,981,232 $1,318,389 $41,497
2023 $1,863,815 $1,511,448 $1,250,437 $352,367
2022 $1,914,862 $1,475,472 $921,438 $439,390
2021 $827,415 $914,482 $614,589 $-87,067
2020 $838,793 $805,106 $534,349 $33,687
2019 $534,659 $709,276 $488,710 $-174,617
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