ASIAN AMERICAN SCHOLAR FORUM INC

EIN: 863593724 501(c)(3) Education

NEW YORK, NY

Total Revenue
$1,432,609
Total Expenses
$903,145
Total Assets
$1,598,327
Net Assets
$1,591,045
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
DE
Principal Officer
GISELA PEREZ KUSAKAWA
Phone
5082059777
Tax Period
2024-06-01 to 2025-05-31

ASIAN AMERICAN SCHOLAR FORUM INC, founded in 2021, is a community nonprofit in the Education sector that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 106% from the prior year, signaling strong growth momentum. The organization ran a surplus of $529K, a strong 37% operating margin.

Mission

AN ASSOCIATION OF AMERICAN SCHOLARS OF ASIAN DESCENT UNITED TO PROMOTE ACADEMIC BELONGING, OPENNESS, FREEDOM, AND EQUALITY FOR ALL.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,378,695
Program Service Revenue $0
Investment Income $53,914
Other Revenue $0
TOTAL REVENUE $1,432,609

Expense Breakdown

Grants Paid $40,000
Salaries & Benefits $194,092
Fundraising Expenses $25,587
Program Expenses $802,997
Other Expenses $667,878
TOTAL EXPENSES $903,145

Year-over-Year Comparison

2024 2023 Change
Revenue $1,432,609 $694,652 +1.1%
Expenses $903,145 $474,035 +0.9%
Net Income $529,464 $220,617 +1.4%
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

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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
14
Independent Members
14
Employees
1
Volunteers
40

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
5
$188,554
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
YASHENG HUANG PRESIDENT 1.00
Officer Director
$0 $0 $0
KAI LI VICE PRESIDENT 7.00
Officer Director
$0 $0 $0
CHUAN HE TREASURER 1.00
Officer Director
$0 $0 $0
NANCY QIN SECRETARY 1.00
Officer Director
$0 $0 $0
XIHONG LIN DIRECTOR 1.00
Director
$0 $0 $0
GANG CHEN DIRECTOR 1.00
Director
$0 $0 $0
HAIFAN LIN DIRECTOR 1.00
Director
$0 $0 $0
YI CUI DIRECTOR 1.00
Director
$0 $0 $0
GURINDAR S SOHI DIRECTOR 1.00
Director
$0 $0 $0
MIN WU DIRECTOR 1.00
Director
$0 $0 $0
XIAODONG ZHANG DIRECTOR 1.00
Director
$0 $0 $0
ZHIGANG SUO DIRECTOR 1.00
Director
$0 $0 $0
ARUNAVA MAJUMDAR DIRECTOR 1.00
Director
$0 $0 $0
JIM KUROSE DIRECTOR 1.00
Director
$0 $0 $0
GISELA PEREZ KUSAKAWA EXECUTIVE DIRECTOR 40.00
Officer
$188,554 $0 $188,554
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
2025 $1,432,609 $903,145 $1,598,327 $529,464
2024 $694,652 $474,035 $1,056,515 $220,617
2023 $984,477 $149,484 $852,225 $834,993
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