NEW ENERGY INDUSTRY ASSOCIATION FOR ASIA AND THE PACIFIC

EIN: 262469551 501(c)(3) Community Improvement

SAN JOSE, CA

Total Revenue
$450,000
Total Expenses
$57,568
Total Assets
$433,194
Net Assets
$392,432
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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
2008
Legal Domicile
CA
Principal Officer
YUE MI
Phone
8059648808
Tax Period
2024-01-01 to 2024-12-31

NEW ENERGY INDUSTRY ASSOCIATION FOR ASIA AND THE PACIFIC, founded in 2008, is a small nonprofit in the Community Improvement sector that reported $450K in total revenue in fiscal year 2024. The organization ran a surplus of $392K, a strong 87% operating margin.

Mission

THE SPECIFIC PURPOSE OF THIS CORPORATION IS TO PROMOTE THE UNDERSTANDING, DEVELOPMENT, AND ADOPTION OF NEW ENERGY GLOBALLY; TO PROMOTE TECHNOLOGICAL AND ECONOMIC INFORMATION EXCHANGE GLOBALLY, TO PROMOTE THE WELFARE AND TO SERVCE THE INTEREST OF ITES MEMBERS GLOBALLY.

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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 $450,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $450,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $23,410
Other Expenses $57,568
TOTAL EXPENSES $57,568

Year-over-Year Comparison

2024 2023 Change
Revenue $450,000 N/A N/A
Expenses $57,568 N/A N/A
Net Income $392,432 $0 N/A
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
1
Independent Members
1
Employees
N/A
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
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
YUE MI PRESIDENT 20.00
Officer 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 $450,000 $57,568 $433,194 $392,432
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