ASIANPACIFIC AMERICAN HERITAGE ASS… - Form 990 Financial Data

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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

1992

Legal Domicile

Principal Officer

JACKIE LEONG

Phone

7137841112

Tax Period

2023-01-01 to 2023-12-31

ASIANPACIFIC AMERICAN HERITAGE ASSOCIATION, founded in 1992, is a small nonprofit that reported $104K in total revenue in fiscal year 2023. Revenue fell 39% from the prior year — a significant decline worth monitoring. Expenses of $99K left a modest 5% surplus.

Mission

To recognize and promote the accomplishments of Asian Americans and Pacific Islanders and our heritage through education and celebration.

Program Service Accomplishments

Program 1

Expenses: $16,000 Revenue: $13,000

APAHA provides scholarship to Asian American or Pacific Islander decents. The purpose is to ensure the education of the youth beyond the high school level and others who are continuing their...

APAHA provides scholarship to Asian American or Pacific Islander decents. The purpose is to ensure the education of the youth beyond the high school level and others who are continuing their education dedicated to sharing the knowledge about Asian Americans and Pacific Islanders.

Program 2

Expenses: $437 Revenue: $0

Partnering with the award winning Childrens Museum of Houston and CenterPoint Energy, APAHA has presented the Childrens Festival in late January or early February for over 3,000 children and their...

Partnering with the award winning Childrens Museum of Houston and CenterPoint Energy, APAHA has presented the Childrens Festival in late January or early February for over 3,000 children and their families. Presenting educational arts and crafts representing multiple Asian ethnicities and cultural performances from varied prestigious youth dance groups.

Program 3

Expenses: $11,328 Revenue: $0

APAHA made grant to Houston Community College Foundation to support higher education and trainings for locals. APAHA also sponsors other non profit organizations, including Chinese American Citizen...

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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 $102,611

Program Service Revenue $0

Investment Income $1,782

Other Revenue $0

TOTAL REVENUE $104,393

Expense Breakdown

Grants Paid $25,283

Salaries & Benefits $0

Fundraising Expenses $58,810

Program Expenses $27,765

Other Expenses $73,723

TOTAL EXPENSES $99,006

Year-over-Year Comparison

	2023	2022	Change
Revenue	$104,393	$172,269	-0.4%
Expenses	$99,006	$50,428	+1.0%
Net Income	$5,387	$121,841	-1.0%

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

N/A

Volunteers

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID NGUYEN	PRESIDENT	2.00	Officer Director	$0	$0	$0
JACKIE LEONG	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
NEVIN NOORANI	SECRETARY	0.60	Officer Director	$0	$0	$0
SAJAL JAVID	TREASURER	0.60	Officer Director	$0	$0	$0
DAVID HSU	PARLIAMENTARIAN	0.60	Officer Director	$0	$0	$0
MARTHA WONG	DIRECTOR	0.20	Director	$0	$0	$0
JOHN CHEN	DIRECTOR	0.40	Director	$0	$0	$0
LUIS CHEN	DIRECTOR	1.00	Director	$0	$0	$0
DIANA FUJIMORI	DIRECTOR	0.20	Director	$0	$0	$0
BARBARA GALLO	DIRECTOR	0.40	Director	$0	$0	$0
NELVIN JOSEPH ADRIATICO	DIRECTOR	0.20	Director	$0	$0	$0
MUNIR IBRAHIM	DIRECTOR	0.20	Director	$0	$0	$0
FAZILA ISSA	DIRECTOR	0.30	Director	$0	$0	$0
JIM TRAVLOS	DIRECTOR	0.20	Director	$0	$0	$0
MICHAEL WONG	DIRECTOR	0.20	Director	$0	$0	$0
BETTY GEE	DIRECTOR	0.60	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
2023	$104,393	$99,006	$240,703	$5,387
2022	$172,269	$50,428	$235,316	$121,841

ASIANPACIFIC AMERICAN HERITAGE ASSOCIATION