ASIAN HALL OF FAME

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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

2020

Legal Domicile

Principal Officer

MAKI HSIEH

Phone

6266009148

Tax Period

2023-01-01 to 2023-12-31

ASIAN HALL OF FAME, founded in 2020, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.5M in total revenue in fiscal year 2023. Expenses of $1.4M left a modest 9% surplus.

Mission

TO EDUCATE THE PUBLIC ABOUT ASIAN CONTRIBUTIONS TO THE UNITED STATES AND THE REST OF THE WORLD, PROMOTE ASIAN ARTISTIC EXCELLENCE AND CROSS-CULTURAL NARRATIVES, AND ENHANCE CAREER OPPORTUNITIES FOR ASIANS BY RAISING PUBLIC AWARENESS OF THEIR LEADERSHIP ROLES AND ACHIEVEMENTS ACROSS VARIOUS DISCIPLINES.

Program Service Accomplishments

Program 1

Expenses: $632,326

ASIAN HALL OF FAME INDUCTION CEREMONY IS AN ANNUAL CHARITY EVENT TO HONOR ASIANS AND INDIGENOUS LEADERS WHO HAVE MADE POSITIVE CONTRIBUTIONS TO THE UNITED STATES AND AROUND THE WORLD. PROCEEDS...

ASIAN HALL OF FAME INDUCTION CEREMONY IS AN ANNUAL CHARITY EVENT TO HONOR ASIANS AND INDIGENOUS LEADERS WHO HAVE MADE POSITIVE CONTRIBUTIONS TO THE UNITED STATES AND AROUND THE WORLD. PROCEEDS BENEFIT A CHARITABLE PROGRAM OF ASIAN HALL OF FAME.

Program 2

Expenses: $207,966

ASIAN AND NATIVE WOMEN IMPACT FUND (PREVIOUSLY WOMEN IN TECH, ENTERTAINMENT & ARTS GUILD) PROVIDES SCHOLARSHIPS, GRANTS, AND RECOGNITION FOR WOMEN IN TECHNOLOGY, ENTERTAINMENT, AND THE ARTS.

Program 3

Expenses: $148,297

RESEARCH INSTITUTE (PREVIOUSLY FELLOWSHIP ACADEMY) PROVIDES DIVERSITY AND NEURODIVERGENT EARLY-CAREER PROFESSIONALS WITH WORKFORCE DEVELOPMENT, TUITION GRANTS, AND RESEARCH STIPENDS TO MAKE...

RESEARCH INSTITUTE (PREVIOUSLY FELLOWSHIP ACADEMY) PROVIDES DIVERSITY AND NEURODIVERGENT EARLY-CAREER PROFESSIONALS WITH WORKFORCE DEVELOPMENT, TUITION GRANTS, AND RESEARCH STIPENDS TO MAKE EDUCATIONAL AND CAREER GOALS POSSIBLE.

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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 $1,641,378

Program Service Revenue $0

Investment Income $54

Other Revenue $-116,003

TOTAL REVENUE $1,525,429

Expense Breakdown

Grants Paid $0

Salaries & Benefits $76,453

Fundraising Expenses $35,993

Program Expenses $1,312,198

Other Expenses $1,305,922

TOTAL EXPENSES $1,382,375

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,525,429	$1,430,514	+0.1%
Expenses	$1,382,375	$1,318,875	+0.0%
Net Income	$143,054	$111,639	+0.3%

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

$61,037

Total Directors