ASIAN AND PACIFIC ISLANDER AMERICAN VOTE - MICHIGAN (EIN 264514751) - Form 990 Financial Analysis & Trantor Score

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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

Principal Officer

REBEKA ISLAM

Phone

2483466123

Tax Period

2024-01-01 to 2024-12-31

ASIAN AND PACIFIC ISLANDER AMERICAN VOTE - MICHIGAN, founded in 2007, is a community nonprofit in the Civil Rights & Advocacy sector that reported $2.5M in total revenue in fiscal year 2024. Revenue surged 114% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.4M, a strong 54% operating margin.

Mission

APIA VOTE - MICHIGAN IS A 501(C)(3) NONPARTISAN ORGANIZATION COMMITTED TO JUSTICE AND EQUITY FOR THE ASIAN AMERICAN COMMUNITY THROUGH GRASSROOTS MOBILIZATION, CIVIC ENGAGEMENT, LEADERSHIP DEVELOPMENT, AND COALITION BUILDING.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,491,805

Program Service Revenue $1,538

Investment Income $216

Other Revenue $0

TOTAL REVENUE $2,493,559

Expense Breakdown

Grants Paid $121,088

Salaries & Benefits $415,106

Fundraising Expenses $53,571

Program Expenses $866,479

Other Expenses $602,771

TOTAL EXPENSES $1,138,965

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,493,559	$1,164,871	+1.1%
Expenses	$1,138,965	$746,910	+0.5%
Net Income	$1,354,594	$417,961	+2.2%

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

238

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

$46,448

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AISHA ZANIB	PRESIDENT	2.00	Officer Director	$0	$0	$0
ANNIE CIMACK	SECRETARY	2.00	Officer Director	$0	$0	$0
DMITRI NGUYEN	TREASURER	2.00	Officer Director	$0	$0	$0
SAMIA GHOSH	BOARD MEMBER	2.00	Director	$0	$0	$0
RUTH FEKADE	BOARD MEMBER	2.00	Director	$0	$0	$0
WILLIE DECHAVEZ	BOARD MEMBER	2.00	Director	$0	$0	$0
MANASI SHARMA	BOARD MEMBER	2.00	Director	$0	$0	$0
MONISH JIRGE	BOARD MEMBER	2.00	Director	$0	$0	$0
REBEKA ISLAM	EXECUTIVE DI	40.00	Officer	$46,448	$0	$46,448

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	$2,493,559	$1,138,965	$3,891,016	$1,354,594
2023	$1,164,871	$746,910	$2,521,032	$417,961
2022	$1,577,870	$517,164	$2,144,927	$1,060,706
2021	$511,441	$254,070	$1,081,350	$257,371
2020	$736,221	$183,013	$826,363	$553,208
2018	$276,274	$162,413	$352,540	$113,861

ASIAN AND PACIFIC ISLANDER AMERICAN VOTE - MICHIGAN