THE SOCIETY OF ASIAN SCIENTISTS AND ENGINEERS

EIN: 261509658 501(c)(3) Science & Technology

DENVER, CO

Total Revenue
$2,914,815
Total Expenses
$3,322,362
Total Assets
$1,775,422
Net Assets
$1,775,422
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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
2007
Legal Domicile
OH
Principal Officer
KHANH VU
Phone
3032465208
Tax Period
2023-01-01 to 2023-12-31

THE SOCIETY OF ASIAN SCIENTISTS AND ENGINEERS, founded in 2007, is a community nonprofit in the Science & Technology sector that reported $2.9M in total revenue in fiscal year 2023. Expenses of $3.3M exceeded revenue, resulting in a 14% operating deficit.

Mission

THE SOCIETY OF ASIAN SCIENTISTS AND ENGINEERS (SASE) IS DEDICATED TO THE ADVANCEMENT OF ASIAN HERITAGE SCIENTISTS AND ENGINEERS IN EDUCATION AND EMPLOYMENT. THEIR MISSION IS TO PREPARE ASIAN HERITAGE SCIENTISTS AND ENGINEERS FOR SUCCESS IN THE GLOBAL BUSINESS WORLD; CELEBRATE DIVERSITY ON CAMPUSES AND IN THE WORKPLACE; AND TO PROVIDE OPPORTUNITIES FOR MEMBERS TO MAKE CONTRIBUTIONS TO THEIR LOCAL 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 (2023)

Revenue Breakdown

Contributions & Grants $237,768
Program Service Revenue $2,668,196
Investment Income $7,429
Other Revenue $1,422
TOTAL REVENUE $2,914,815

Expense Breakdown

Grants Paid $197,250
Salaries & Benefits $993,168
Fundraising Expenses $141,592
Program Expenses $2,697,057
Other Expenses $2,131,944
TOTAL EXPENSES $3,322,362

Year-over-Year Comparison

2023 2022 Change
Revenue $2,914,815 $2,743,732 +0.1%
Expenses $3,322,362 $1,649,152 +1.0%
Net Income $-407,547 $1,094,580 -1.4%
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
9
Independent Members
9
Employees
10
Volunteers
200

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
$130,000
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KISHORE SUNDARARAJAN PRESIDENT 2.50
Officer Director
$0 $0 $0
THOMAS FERNANDEZ SECRETARY 2.50
Officer Director
$0 $0 $0
TABREZ MALIK TREASURER 2.50
Officer Director
$0 $0 $0
SHWETA KURVEY-MISHRA MEMBER 1.50
Director
$0 $0 $0
SONYA VIAL MEMBER 1.50
Director
$0 $0 $0
SRINIVAS REDDY MEMBER 1.50
Director
$0 $0 $0
MOHAMED ALI MEMBER 1.50
Director
$0 $0 $0
UMMIYA CHAUDHARY COLLEGIATE MEMBER REP 1.50
Director
$0 $0 $0
TRACY ALLEN PROFESSIONAL MEMBER REP 1.50
Director
$0 $0 $0
KHANH VU EXECUTIVE DIRECTOR 40.00
Officer
$90,000 $0 $130,000
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 $2,914,815 $3,322,362 $1,775,422 $-407,547
2022 $2,743,732 $1,649,152 $2,182,969 $1,094,580
2021 $1,599,996 $890,641 $979,211 $709,355
2020 $1,616,282 $1,668,655 $343,313 $-52,373
2019 $1,431,371 $1,326,664 $422,385 $104,707
2018 $1,229,806 $1,075,471 $383,531 $154,335
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