ASIAN COMMUNITY AND CULTURAL CENTER

EIN: 470807501 501(c)(3) Arts, Culture & Humanities

LINCOLN, NE

Total Revenue
$1,966,117
Total Expenses
$1,867,949
Total Assets
$1,579,726
Net Assets
$1,403,900
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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
1988
Legal Domicile
NE
Phone
4024773446
Tax Period
2025-01-01 to 2025-12-31

ASIAN COMMUNITY AND CULTURAL CENTER, founded in 1988, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.0M in total revenue in fiscal year 2025. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $1.9M left a modest 5% surplus.

Mission

THE ASIAN COMMUNITY & CULTURAL CENTER SUPPORTS AND EMPOWERS ALL REFUGEES AND IMMIGRANTS THROUGH PROGRAMS AND SERVICES AND ADVANCES THE SHARING OF ASIAN CULTURE AND OTHER CULTURAL HERITAGES OF OUR CLIENTS WITH THE COMMUNITY AT LARGE.

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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 $1,868,474
Program Service Revenue $31,020
Investment Income $37,738
Other Revenue $28,885
TOTAL REVENUE $1,966,117

Expense Breakdown

Grants Paid $2,429
Salaries & Benefits $1,392,094
Fundraising Expenses $62,741
Program Expenses $1,352,908
Other Expenses $473,426
TOTAL EXPENSES $1,867,949

Year-over-Year Comparison

2025 2024 Change
Revenue $1,966,117 $1,652,040 +0.2%
Expenses $1,867,949 $1,733,067 +0.1%
Net Income $98,168 $-81,027 -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

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Governance

Voting Members
16
Independent Members
16
Employees
36
Volunteers
N/A

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
4
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JASON VARGA PRESIDENT 0.00
Officer Director
$0 $0 $0
NARIN EHRISMAN VICE-PRESIDENT 0.00
Officer Director
$0 $0 $0
BRITTANY PLANOS TREASURER 0.00
Officer Director
$0 $0 $0
OLIVIA THIEL SECRETARY 0.00
Officer Director
$0 $0 $0
MARTI LEE PAST PRESIDENT 0.00
Director
$0 $0 $0
TRACY BOHABOJ DIRECTOR 0.00
Director
$0 $0 $0
CESAR GARCIA DIRECTOR 0.00
Director
$0 $0 $0
MATT HANSEN DIRECTOR 0.00
Director
$0 $0 $0
RAUL SARMIENTO DIRECTOR 0.00
Director
$0 $0 $0
KAYLA ABEL DIRECTOR 0.00
Director
$0 $0 $0
ROBERT SUAREZ DIRECTOR 0.00
Director
$0 $0 $0
WHITNEY FRITZINGER DIRECTOR 0.00
Director
$0 $0 $0
OMAH ATTAIE DIRECTOR 0.00
Director
$0 $0 $0
NIZAR RASHO DIRECTOR 0.00
Director
$0 $0 $0
DEB HIGUCHI DIRECTOR 0.00
Director
$0 $0 $0
FATMA ALNEDAWI DIRECTOR 0.00
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
2025 $1,966,117 $1,867,949 $1,579,726 $98,168
2024 $1,652,040 $1,733,067 $1,463,786 $-81,027
2023 $1,662,870 $1,634,612 $1,504,809 $28,258
2022 $1,727,563 $1,502,331 $1,487,121 $225,232
2021 $971,306 $932,752 $1,202,207 $38,554
2020 $1,298,303 $760,056 $1,153,627 $538,247
2019 $718,785 $612,651 $503,895 $106,134
2018 $672,455 $567,966 $396,688 $104,489
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