HMONG AMERICAN PARTNERSHIP

EIN: 411667580 501(c)(3) Employment

SAINT PAUL, MN

Total Revenue
$19,628,823
Total Expenses
$13,519,336
Total Assets
$27,196,897
Net Assets
$15,544,309
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
MN
Principal Officer
MAY YER THAO
Phone
6514951644
Tax Period
2023-01-01 to 2023-12-31

HMONG AMERICAN PARTNERSHIP, founded in 1991, is a mid-sized nonprofit in the Employment sector that reported $19.6M in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $6.1M, a strong 31% operating margin.

Mission

HMONG AMERICAN PARTNERSHIP (HAP) IS A SOCIAL SERVICE AND COMMUNITY DEVELOPMENT ORGANIZATION WHOSE MISSION IS TO EMPOWER THE COMMUNITY TO EMBRACE STRENGTHS OF OUR CULTURES WHILE ACHIEVING OUR POTENTIAL. HAP WAS ESTABLISHED TO ADDRESS THE NEEDS OF MINNESOTA'S GROWING

Program Service Accomplishments

Program 1
Expenses: $1,394,740 Revenue: $92,904

WORKFORCE DEVELOPMENT - 940 SERVED IN 2021 - HAP HELPS PARTICIPANTS NAVIGATE AND ADAPT TO THE AMERICAN JOB MARKET AND SERVES AS A BRIDGE BETWEEN PROSPECTIVE EMPLOYERS AND THE REFUGEE AND IMMIGRANT...

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WORKFORCE DEVELOPMENT - 940 SERVED IN 2021 - HAP HELPS PARTICIPANTS NAVIGATE AND ADAPT TO THE AMERICAN JOB MARKET AND SERVES AS A BRIDGE BETWEEN PROSPECTIVE EMPLOYERS AND THE REFUGEE AND IMMIGRANT COMMUNITY. OUR JOB PLACEMENT AND ADULT BASIC EDUCATION COURSES FOCUS ON WORKFORCE READINESS AND CAREER LADDERING IN HIGH DEMAND INDUSTRIES THAT OFFER FAMILY-SUSTAINING WAGES. HAP OFFERS TRAINING OPPORTUNITIES IN THE FIELDS OF MANUFACTURING, INFORMATION TECHNOLOGY, HEALTH CARE, AND MORE, THROUGH WHICH CLIENTS CAN DEVELOP MARKETABLE SKILLS THAT WILL EVENTUALLY LEAD THEM TO HIGHER-PAYING CAREERS.DURING THE PANDEMIC, OUR TEAM ALSO ASSIGNED PARTICIPANTS IN ACCESSING EQUIPMENT AND PROVIDED DIGITAL LITERACY TRAINING SO THAT SERVICES AND TRAINING COULD CONTINUE REMOTELY.

Program 2
Expenses: $5,443,947 Revenue: $7,517,123

SOCIAL ENTERPRISES - 3003 SERVED IN 2021 - HAP'S SOCIAL ENTERPRISESHAP TRANSPORTATION WAS CREATED TO ADDRESS SOCIAL ISSUES THROUGH THE INTERSECTION OF ENTREPRENEURSHIP AND BUSINESS STRATEGIES. OUR...

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SOCIAL ENTERPRISES - 3003 SERVED IN 2021 - HAP'S SOCIAL ENTERPRISESHAP TRANSPORTATION WAS CREATED TO ADDRESS SOCIAL ISSUES THROUGH THE INTERSECTION OF ENTREPRENEURSHIP AND BUSINESS STRATEGIES. OUR BUS COMPANY PROVIDED TRANSPORTATION TO CHARTER SCHOOL STUDENTS IN THE METRO AREA AFTER THE SCHOOLS REOPENED FROM THE PANDEMIC SHUT DOWN.DRIVERS DROV ROUTES AND SUPPORTED HAP PROGRAMS BY PACKING VEGETABLES FOR FAMILIES TO PICK UP, DELIVERING REMOTE LEARNING KITS TO STUDENTS' HOMES, AND DELIVERING GROCERIES.

Program 3
Expenses: $1,779,323 Revenue: $78,370

CHILDREN & FAMILY SERVICES - 3077 SERVED IN 2021 - HAP SUPPORTS FAMILIES THROUGH PARENT EDUCATION AND TRAINING, YOUTH ENRICHMENT SERVICES, FAMILY CRISIS INTERVENTION, AND SERVICES FOR YOUTH AT RISK...

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CHILDREN & FAMILY SERVICES - 3077 SERVED IN 2021 - HAP SUPPORTS FAMILIES THROUGH PARENT EDUCATION AND TRAINING, YOUTH ENRICHMENT SERVICES, FAMILY CRISIS INTERVENTION, AND SERVICES FOR YOUTH AT RISK OF SEXUAL EMPLOITATION. HAP'S DEDICATED AND EXPERIENCED STAFF IS MULTILINGUAL AND MULTICULTURAL, ENSURING A DEPTH OF UNDERSTANDING OF THE COMPLEX ISSSUES THAT CLIENTS EXPERICENSE. DURING THE PANDEMIC, HAP ALSO COORDINATED GROCERY DELIVERIES TO HELP FAMILIES FACING FOOD INSECURITY AND PARTNERED WITH OTHER AGENCIES TO SUPPORT HMONG FARMERS BY PURCHASING PRODUCE TO DISTRIBUTE TO FAMILIES IN NEED.

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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 $11,503,266
Program Service Revenue $7,745,087
Investment Income $270,233
Other Revenue $110,237
TOTAL REVENUE $19,628,823

Expense Breakdown

Grants Paid $201,017
Salaries & Benefits $6,494,122
Fundraising Expenses $304,038
Program Expenses $10,919,403
Other Expenses $6,824,197
TOTAL EXPENSES $13,519,336

Year-over-Year Comparison

2023 2022 Change
Revenue $19,628,823 $14,633,664 +0.3%
Expenses $13,519,336 $14,686,257 -0.1%
Net Income $6,109,487 $-52,593 -117.2%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
135
Volunteers
7

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
5
$479,894
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MAY YER THAO PRESIDENT & 50.00
Officer
$245,000 $25,680 $270,680
REONA VANG CFO 50.00
Officer
$195,212 $14,002 $209,214
MAI LOR LEE CHAIR 1.00
Officer Director
$0 $0 $0
ADEEL Z LARI TREASURER 1.00
Officer Director
$0 $0 $0
LILIAN VU INTERIM SECR 1.00
Officer Director
$0 $0 $0
JASON PURDUE DIRECTOR 1.00
Director
$0 $0 $0
MARTHAND NOOKALA DIRECTOR 1.00
Director
$0 $0 $0
LAUREN HESS 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 $19,628,823 $13,519,336 $27,196,897 $6,109,487
2022 $14,633,664 $14,686,257 $21,961,640 $-52,593
2021 $12,199,212 $11,352,825 $22,942,543 $846,387
2020 $12,490,291 $10,293,854 $23,034,222 $2,196,437
2019 $13,968,512 $12,599,502 $12,383,598 $1,369,010
2018 $13,126,244 $13,344,032 $11,595,301 $-217,788
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