CALIFORNIA ASIAN PACIFIC CHAMBER OF COMMERCE FOUNDATION

EIN: 680423644 501(c)(3) Education

SACRAMENTO, CA

Total Revenue
$1,091,680
Total Expenses
$970,274
Total Assets
$1,219,719
Net Assets
$738,672
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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
1993
Legal Domicile
CA
Principal Officer
PAT FONG KUSHIDA
Phone
9164467883
Tax Period
2023-01-01 to 2023-12-31

CALIFORNIA ASIAN PACIFIC CHAMBER OF COMMERCE FOUNDATION, founded in 1993, is a community nonprofit in the Education sector that reported $1.1M in total revenue in fiscal year 2023. Revenue surged 58% from the prior year, signaling strong growth momentum. Expenses of $970K left a modest 11% surplus.

Mission

TO STRENGTHEN UNDERSERVED, DIVERSE COMMUNITIES THROUGH LEADERSHIP, PROFESSIONAL DEVELOPMENT AND EDUCATION, COMMUNITY ECONOMIC AND WORKFORCE DEVELOPMENT, ALONG WITH CULTURAL DIPLOMACY PROGRAMS THAT BUILD CAPACITY WITHIN THE STATE'S NEXT GENERATION OF ASIAN AMERICAN PACIFIC ISLANDER LEADERS' ETHNIC-BASED GROWER ASSOCIATIONS, COMMUNITY-BASED SERVICE AND FAITH-BASED ORGANIZATIONS, BUSINESS AND CIVIL SOCIETY ORGANIZATIONS WHO RELFECT THE DIVERSE TAPESTRY OF CALIFORNIA'S ASIAN AMERICAN AND PACIFIC ISLANDER COMMUNITY.

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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 $1,065,587
Program Service Revenue $52,000
Investment Income $0
Other Revenue $-25,907
TOTAL REVENUE $1,091,680

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $34,824
Program Expenses $858,221
Other Expenses $970,274
TOTAL EXPENSES $970,274

Year-over-Year Comparison

2023 2022 Change
Revenue $1,091,680 $688,908 +0.6%
Expenses $970,274 $605,951 +0.6%
Net Income $121,406 $82,957 +0.5%
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
9
Independent Members
9
Employees
N/A
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
3
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MATT BARNES DIRECTOR 0.50
Director
$0 $0 $0
KATHY MCKIM DIRECTOR 0.50
Director
$0 $0 $0
ROB FONG PRESIDENT 0.50
Officer Director
$0 $0 $0
ROSIE DAUZ SECRETARY 0.50
Officer Director
$0 $0 $0
JOHN GUTIERREZ DIRECTOR 0.50
Director
$0 $0 $0
MICHELLE PICARD DIRECTOR 0.50
Director
$0 $0 $0
IAN SO CHAIR ELECT 0.50
Officer Director
$0 $0 $0
CAROL ZHENG DIRECTOR 0.50
Director
$0 $0 $0
LAKHI SIAP DIRECTOR 0.50
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 $1,091,680 $970,274 $1,219,719 $121,406
2022 $688,908 $605,951 $901,992 $82,957
2021 $1,562,737 $1,011,978 $806,831 $550,759
2020 $172,512 $150,391 $59,131 $22,121
2019 $243,674 $218,148 $55,256 $25,526
2018 $321,451 $328,236 $43,465 $-6,785
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