SOUTHEAST ASIAN COALITION

EIN: 460786773 501(c)(3) Human Services

CHARLOTTE, NC

Total Revenue
$496,719
Total Expenses
$540,740
Total Assets
$224,851
Net Assets
$224,851
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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
2012
Legal Domicile
NC
Principal Officer
WHITNEY SMITH
Phone
7045313853
Tax Period
2025-01-01 to 2025-12-31

SOUTHEAST ASIAN COALITION, founded in 2012, is a small nonprofit in the Human Services sector that reported $497K in total revenue in fiscal year 2025. Revenue fell 21% from the prior year — a significant decline worth monitoring.

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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 (2025)

Revenue Breakdown

Contributions & Grants $496,697
Program Service Revenue $0
Investment Income $22
Other Revenue $0
TOTAL REVENUE $496,719

Expense Breakdown

Grants Paid $11,099
Salaries & Benefits $410,535
Fundraising Expenses $14,618
Program Expenses $308,829
Other Expenses $119,106
TOTAL EXPENSES $540,740

Year-over-Year Comparison

2025 2024 Change
Revenue $496,719 $628,900 -0.2%
Expenses $540,740 $662,313 -0.2%
Net Income $-44,021 $-33,413 +0.3%
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
3
Independent Members
3
Employees
7
Volunteers
2000

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
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Charlotte Smith TREASURER 2.00
Officer Director
$0 $0 $0
MONICA BOUROMMAVONG VICE CHAIR 2.00
Director
$0 $0 $0
OLIVER MERINO SECRETARY 2.00
Officer 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
2025 $496,719 $540,740 $224,851 $-44,021
2024 $628,900 $662,313 $373,192 $-33,413
2023 $708,233 $597,894 $366,652 $110,339
2022 $407,154 $706,100 $260,575 $-298,946
2021 $688,107 $446,304 $557,132 $241,803
2020 $611,102 $599,995 $496,805 $11,107
2019 $348,561 $449,916 $339,512 $-101,355
2017 $294,131 $209,089 $333,653 $85,042
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