ASIAN AMERICAN CHRISTIAN COLLABORATIVE

EIN: 352698119 501(c)(3) Religion

OAK PARK, IL

Total Revenue
$457,330
Total Expenses
$231,840
Total Assets
$498,706
Net Assets
$498,643
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
IL
Phone
3106668239
Tax Period
2024-01-01 to 2024-12-31

ASIAN AMERICAN CHRISTIAN COLLABORATIVE, founded in 2020, is a small nonprofit in the Religion sector that reported $457K in total revenue in fiscal year 2024. Revenue surged 103% from the prior year, signaling strong growth momentum. The organization ran a surplus of $225K, a strong 49% operating margin.

Mission

The Asian American Christian Collaborative (AACC) seeks to encourage, equip, and empower Asian American Christians and friends of our community to follow Christ holistically. We are committed to amplifying the voices, issues, and histories of Asian Americans in the church and society at large. While the Asian American community is extremely diverse and we cannot speak for every individual and perspective, we aim to spotlight and celebrate the Asian American Christian community as inclusively as possible. We desire to serve and represent Asian American Christians and churches. As Christians, we believe that we cannot adequately address issues related to the broader Asian American community unless we engage these issues in the church first. We seek to address issues pertaining to Asian American Christians and Christianity, while remaining grounded in the historic Christian faith, rooted in Scripture, and in communion with the global Church.

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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 $449,477
Program Service Revenue $0
Investment Income $7,853
Other Revenue $0
TOTAL REVENUE $457,330

Expense Breakdown

Grants Paid $0
Salaries & Benefits $75,460
Fundraising Expenses $32,807
Program Expenses $166,763
Other Expenses $156,380
TOTAL EXPENSES $231,840

Year-over-Year Comparison

2024 2023 Change
Revenue $457,330 $225,193 +1.0%
Expenses $231,840 $104,956 +1.2%
Net Income $225,490 $120,237 +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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Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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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
4
Independent Members
4
Employees
1
Volunteers
40

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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SOONG-CHAN RAH Director 0.00
Director
$0 $0 $0
RUSSELL JEUNG Director 0.00
Director
$0 $0 $0
RAYMOND CHANG President 0.00
Officer
$0 $0 $0
KATHY RIM CFO 0.00
Officer
$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 $457,330 $231,840 $498,706 $225,490
2023 $225,193 $104,956 $273,153 $120,237
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