ASIAN AMERICAN CHAMBER OF COMMERCE INC (EIN 264082119) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2009

Legal Domicile

Principal Officer

CINDY SHAO

Phone

5716339754

Tax Period

2023-01-01 to 2023-12-31

ASIAN AMERICAN CHAMBER OF COMMERCE INC, founded in 2009, is a small nonprofit in the Community Improvement sector that reported $247K in total revenue in fiscal year 2023. Revenue surged 37% from the prior year, signaling strong growth momentum.

Mission

ASIAN AMERICAN CHAMBER OF COMMERCE (AACC) IS DEDICATED TO IMPROVING THE ECONOMIC DEVELOPMENT FOR ASIAN PACIFIC AMERICAN OWNED BUSINESSES IN GREATER WASHINGTON DC AREA.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $156,060

Program Service Revenue $90,457

Investment Income $45

Other Revenue $0

TOTAL REVENUE $246,562

Expense Breakdown

Grants Paid $0

Salaries & Benefits $74,701

Fundraising Expenses $0

Program Expenses $211,631

Other Expenses $180,491

TOTAL EXPENSES $255,192

Year-over-Year Comparison

	2023	2022	Change
Revenue	$246,562	$180,117	+0.4%
Expenses	$255,192	$174,377	+0.5%
Net Income	$-8,630	$5,740	-2.5%

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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$65,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN LIN	CHAIR	12.00	Director	$0	$0	$0
KISHAN ALEXANDER	VICE CHAIR	3.00	Director	$0	$0	$0
STANLEY FUJII	SECRETARY	2.00	Director	$0	$0	$0
HAO CHEN	TREASURER	3.00	Director	$0	$0	$0
CINDY SHAO	PRESIDENT	40.00	Officer	$65,000	$0	$65,000
FRED SEO	DIRECTOR	2.00	Director	$0	$0	$0
LAURA BELDIN	DIRECTOR	5.00	Officer Director	$0	$0	$0
JILL MARTIN	DIRECTOR	2.00	Director	$0	$0	$0
STEPHANIE SHEI	DIRECTOR	5.00	Director	$0	$0	$0
YVONNE MRHA	DIRECTOR	1.00	Director	$0	$0	$0
GERALD LEMELLE	DIRECTOR	1.00	Director	$0	$0	$0
ISABEL THAO NGUYEN	DIRECTOR	1.00	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	No data	No data	No data	No data
2023	$246,562	$255,192	$109,189	$-8,630

ASIAN AMERICAN CHAMBER OF COMMERCE INC