Coalition of Asian American Leaders (EIN 810874603) - 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

2015

Legal Domicile

Principal Officer

ThaoMee Xiong

Phone

6517567210

Tax Period

2023-01-01 to 2023-12-31

Coalition of Asian American Leaders, founded in 2015, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.5M in total revenue in fiscal year 2023. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $1.7M exceeded revenue, resulting in a 12% operating deficit.

Mission

The Coalition of Asian American Leaders (CAAL) is a network organization of Asian Minnesotan leaders harnessing our collective power to improve the lives of 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,360,943

Program Service Revenue $117,052

Investment Income $29,538

Other Revenue $0

TOTAL REVENUE $1,507,533

Expense Breakdown

Grants Paid $317,853

Salaries & Benefits $478,380

Fundraising Expenses $87,512

Program Expenses $1,191,388

Other Expenses $831,224

TOTAL EXPENSES $1,690,238

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,507,533	$2,074,027	-0.3%
Expenses	$1,690,238	$2,259,072	-0.3%
Net Income	$-182,705	$-185,045	0.0%

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

Volunteers

206

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

$169,111

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ThaoMee Xiong	Executive Director	50.00	Officer	$162,911	$6,200	$169,111
Nicole Dailo	Chair	2.00	Officer Director	$0	$0	$0
Shoua Lee	Vice Chair	1.00	Officer Director	$0	$0	$0
Bernadette P Vang	Treasurer	1.00	Officer Director	$0	$0	$0
Bilal Alkatout	Board Member	1.00	Director	$0	$0	$0
Su-Fei McKhann	Board Member	1.00	Director	$0	$0	$0
Emma Corrie	Board Member	1.00	Director	$0	$0	$0
Tiffany Xiong	Board Member	1.00	Director	$0	$0	$0
Anil Hurkadli	Board Member	1.00	Director	$0	$0	$0
Nonoko Sato	Board Member	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	$1,507,533	$1,690,238	$3,885,766	$-182,705
2022	$2,074,027	$2,259,072	$3,985,320	$-185,045
2021	$3,284,074	$1,882,580	$4,205,998	$1,401,494
2020	$2,654,550	$1,405,934	$2,700,219	$1,248,616
2019	$983,258	$781,084	$1,340,815	$202,174
2018	$1,221,015	$469,979	$1,128,434	$751,036

Coalition of Asian American Leaders