ASIAN AMERICAN CHAMBER OF COMMERCE (EIN 742875828) - Form 990 Financial Analysis & Trantor Score

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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

1998

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

ASIAN AMERICAN CHAMBER OF COMMERCE, founded in 1998, is a small nonprofit that reported $305K in total revenue in fiscal year 2023. Expenses of $265K left a modest 13% surplus.

Mission

To enhance the economic opportunities for Asian American businesses through education, networking, and advocacy while promoting community engagement and visibility.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $205,086

Program Service Revenue $90,546

Investment Income $9,550

Other Revenue $0

TOTAL REVENUE $305,182

Expense Breakdown

Grants Paid $0

Salaries & Benefits $175,825

Fundraising Expenses $0

Program Expenses $265,248

Other Expenses $89,423

TOTAL EXPENSES $265,248

Year-over-Year Comparison

	2023	2022	Change
Revenue	$305,182	$296,165	+0.0%
Expenses	$265,248	$280,290	-0.1%
Net Income	$39,934	$15,875	+1.5%

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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

$109,331

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SOOK PARK	EXEC DIR	40.00	Key Emp	$109,331	$0	$109,331
RAM SHANKAR	DIRECTOR	1.00	Director	$0	$0	$0
SWATI YELMAR	DIRECTOR	1.00	Director	$0	$0	$0
KYLE DAVIS	DIRECTOR	0.00	Director	$0	$0	$0
DANIEL THOMAS	DIRECTOR	1.00	Director	$0	$0	$0
VISHAL ADMA	DIRECTOR	1.00	Director	$0	$0	$0
CONG DO	DIRECTOR	1.00	Director	$0	$0	$0
ROXANNE M POWERS	DIRECTOR	1.00	Director	$0	$0	$0
JOHN THONG	PRESIDENT	1.00	Officer Director	$0	$0	$0
FANG SHEN	DIRECTOR-SECRETARY	1.00	Officer Director	$0	$0	$0
PUJA KOTHARI	TREASURER	1.00	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
2024	No data	No data	No data	No data
2023	$305,182	$265,248	$567,613	$39,934
2022	$296,165	$280,290	$531,124	$15,875
2021	$255,557	$200,980	$514,936	$54,577
2020	$206,660	$146,130	$460,125	$60,530
2019	$291,549	$239,471	$396,684	$52,078
2018	$266,875	$233,122	$344,603	$33,753

ASIAN AMERICAN CHAMBER OF COMMERCE