TEACHAAPI

EIN: 872037161 501(c)(3) Education

SANTA MONICA, CA

Total Revenue
$402,291
Total Expenses
$252,101
Total Assets
$375,596
Net Assets
$373,878
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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
2021
Legal Domicile
CA
Principal Officer
CAROL KOH EVANS
Phone
9173401449
Tax Period
2024-01-01 to 2024-12-31

TEACHAAPI, founded in 2021, is a small nonprofit in the Education sector that reported $402K in total revenue in fiscal year 2024. Revenue surged 102% from the prior year, signaling strong growth momentum. The organization ran a surplus of $150K, a strong 37% operating margin.

Mission

TEACHAAPI AIMS TO SHIFT PERCEPTIONS OF THE ASIAN-AMERICAN PACIFIC ISLANDER (AAPI) COMMUNITY AND TO STRENGTHEN AAPI EDUCATION IN SCHOOLS TO FOSTER GREATER CULTURAL UNDERSTANDING AND AWARENESS WHILE CELEBRATING OUR IDENTITY, HERITAGE AND CULTURE AS A COLLECTIVE COMMUNITY. IN RESPONSE TO THE INCREASE IN RACISM AGAINST THE AAPI COMMUNITY SINCE THE START OF THE COVID-19 PANDEMIC, TEACHAAPI AIMS TO ADDRESS THESE ISSUES BY PROVIDING AAPI CHILDREN, THEIR FAMILIES, AND THE COMMUNITY AROUND THEM WITH THE RESOURCES TO UNDERSTAND THE HISTORY, HERITAGE, AND THE DIVERSITY OF THE AAPI COMMUNITY AND ITS CONTRIBUTIONS TO AMERICAN HISTORY.

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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 $285,477
Program Service Revenue $0
Investment Income $0
Other Revenue $116,814
TOTAL REVENUE $402,291

Expense Breakdown

Grants Paid $5,000
Salaries & Benefits $47,023
Fundraising Expenses $0
Program Expenses $209,411
Other Expenses $200,078
TOTAL EXPENSES $252,101

Year-over-Year Comparison

2024 2023 Change
Revenue $402,291 $199,648 +1.0%
Expenses $252,101 $78,347 +2.2%
Net Income $150,190 $121,301 +0.2%
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
11
Independent Members
11
Employees
N/A
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
22
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANN KONO COFOUNDER, EXECUTIVE BOARD 10.00
Officer Director
$0 $0 $0
RENEE YANG COFOUNDER, EXECUTIVE BOARD 10.00
Officer Director
$0 $0 $0
CAROL KOH EVANS CFO, EXECUTIVE BOARD 2.00
Officer Director
$0 $0 $0
GLORIA CHANG YIP FOUNDING BOARD MEMBER 2.00
Director
$0 $0 $0
ELLEN CHEN FOUNDING BOARD MEMBER 2.00
Director
$0 $0 $0
CALVIN CHENG FOUNDING BOARD MEMBER 2.00
Director
$0 $0 $0
MAYA DHARWARKAR FOUNDING BOARD MEMBER 5.00
Director
$0 $0 $0
SERENA LING MINIKES FOUNDING BOARD MEMBER 3.00
Director
$0 $0 $0
JEANNE YANG FOUNDING BOARD MEMBER 2.00
Director
$0 $0 $0
KATIE CHIN BOARD MEMBER 2.00
Director
$0 $0 $0
RON ESCOPETE BOARD MEMBER 2.00
Director
$0 $0 $0
KYLE HJELMESETH BOARD MEMBER 2.00
Director
$0 $0 $0
STEPHANIE HJELMESETH BOARD MEMBER 2.00
Director
$0 $0 $0
LINDA HSU BOARD MEMBER 2.00
Director
$0 $0 $0
JULIET OH BOARD MEMBER 2.00
Director
$0 $0 $0
JESS PERSSON BOARD MEMBER 2.00
Director
$0 $0 $0
DIANA RA BOARD MEMBER 2.00
Director
$0 $0 $0
IVA SHAH BOARD MEMBER 5.00
Director
$0 $0 $0
KAREN UMEMOTO BOARD MEMBER 2.00
Director
$0 $0 $0
BETTY WAN BOARD MEMBER 2.00
Director
$0 $0 $0
SUSIE YOON BOARD MEMBER 2.00
Director
$0 $0 $0
VICKY YU BOARD MEMBER 2.00
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 $402,291 $252,101 $375,596 $150,190
2023 $199,648 $78,347 $223,688 $121,301
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