Association Of Chinese Americans Inc

EIN: 382809409 501(c)(3)

Madison Heights, MI

Total Revenue
$892,536
Total Expenses
$738,402
Total Assets
$2,589,040
Net Assets
$2,539,018
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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
1972
Legal Domicile
MI
Principal Officer
Peggy Du
Phone
3138311790
Tax Period
2023-10-01 to 2024-09-30

Association Of Chinese Americans Inc, founded in 1972, is a small nonprofit that reported $893K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $154K, a strong 17% operating margin.

Mission

additional information for Part III

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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 $686,122
Program Service Revenue $99,495
Investment Income $10,205
Other Revenue $96,714
TOTAL REVENUE $892,536

Expense Breakdown

Grants Paid $22,370
Salaries & Benefits $394,757
Fundraising Expenses $23,636
Program Expenses $676,649
Other Expenses $321,275
TOTAL EXPENSES $738,402

Year-over-Year Comparison

2023 2022 Change
Revenue $892,536 $753,401 +0.2%
Expenses $738,402 $610,558 +0.2%
Net Income $154,134 $142,843 +0.1%
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
12
Independent Members
12
Employees
12
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
1
$68,363
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Richard Mui President 2.00
Director
$0 $0 $0
Ellen Zhu Vice President 2.00
Director
$0 $0 $0
Gloria Zhao Treasurer 2.00
Director
$0 $0 $0
Shenlin Chen Secretary 2.00
Director
$0 $0 $0
Maggio Guo Director 2.00
Director
$0 $0 $0
Ronald Hwang Director 2.00
Director
$0 $0 $0
Sue Sung Director 2.00
Director
$0 $0 $0
Ray Tchou Director 2.00
Director
$0 $0 $0
Ling Wen Director 2.00
Director
$0 $0 $0
Richard Yee Director 2.00
Director
$0 $0 $0
Jie Wang Director 2.00
Director
$0 $0 $0
Sasha Zhou Director 2.00
Director
$0 $0 $0
Peggy Du Executive Director 40.00
Officer
$68,363 $0 $68,363
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 $892,536 $738,402 $2,589,040 $154,134
2023 $753,401 $610,558 $2,405,804 $142,843
2022 $706,624 $574,407 $2,256,237 $132,217
2021 $847,472 $598,312 $2,136,030 $249,160
2020 $687,533 $572,572 $1,896,989 $114,961
2019 $493,164 $594,902 $1,769,088 $-101,738
2018 $617,087 $532,048 $1,864,469 $85,039
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