THE ASIAN CHAMBER OF COMMERCE

EIN: 760316809

HOUSTON, TX

Total Revenue
$447,029
Total Expenses
$472,641
Total Assets
$692,049
Net Assets
$524,183
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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
1990
Legal Domicile
TX
Principal Officer
SYDNEY DAO
Phone
7137827222
Tax Period
2023-01-01 to 2023-12-31

THE ASIAN CHAMBER OF COMMERCE, founded in 1990, is a small nonprofit that reported $447K in total revenue in fiscal year 2023.

Mission

PROMOTING COMMERCE WITH ASIAN AMERICAN BUSINESSES AND ASIAN COUNTRIES VIA LUNCHEONS, SEMINARS AND OTHER NETWORKING EVENTS.

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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 $129,837
Program Service Revenue $253,268
Investment Income $8,308
Other Revenue $55,616
TOTAL REVENUE $447,029

Expense Breakdown

Grants Paid $0
Salaries & Benefits $183,043
Fundraising Expenses $0
Program Expenses $184,189
Other Expenses $289,598
TOTAL EXPENSES $472,641

Year-over-Year Comparison

2023 2022 Change
Revenue $447,029 $446,397 +0.0%
Expenses $472,641 $425,228 +0.1%
Net Income $-25,612 $21,169 -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
19
Independent Members
19
Employees
2
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
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SYDNEY DAO BOARD CHAIR 2.00
Officer Director
$0 $0 $0
DAVID NGUYEN SECRETARY 1.00
Officer Director
$0 $0 $0
NICOLE ZHAO TREASURER 1.00
Officer Director
$0 $0 $0
YUSI AN BOARD MEMBER 1.00
Director
$0 $0 $0
FAN CHEN BOARD MEMBER 1.00
Director
$0 $0 $0
VIC CLEVELAND BOARD MEMBER 1.00
Director
$0 $0 $0
TING GENG BOARD MEMBER 1.00
Director
$0 $0 $0
CHARLES GENGLER BOARD MEMBER 1.00
Director
$0 $0 $0
NING KANG BOARD MEMBER 1.00
Director
$0 $0 $0
KEVIN MCADAM BOARD MEMBER 1.00
Director
$0 $0 $0
TUAN NGUYEN BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL PANKRATZ BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTY POISOT BOARD MEMBER 1.00
Director
$0 $0 $0
RAFI RIZVI BOARD MEMBER 1.00
Director
$0 $0 $0
DALIA SHERIF BOARD MEMBER 1.00
Director
$0 $0 $0
YU SUN BOARD MEMBER 1.00
Director
$0 $0 $0
RAINIER VILLATUYA BOARD MEMBER 1.00
Director
$0 $0 $0
NICOLE ZHAO BOARD MEMBER 1.00
Director
$0 $0 $0
MAY WANG IMMEDIATE PAST BOARD CHAIR 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 $447,029 $472,641 $692,049 $-25,612
2021 $436,956 $323,780 $704,275 $113,176
2020 $260,659 $255,341 $622,930 $5,318
2019 $301,624 $305,181 $433,167 $-3,557
2018 $178,323 $281,526 $428,964 $-103,203
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