THE VERY ASIAN FOUNDATION

EIN: 874516826 501(c)(3) Philanthropy & Grantmaking

ST LOUIS, MO

Total Revenue
$200,826
Total Expenses
$197,032
Total Assets
$109,861
Net Assets
$109,800
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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
2022
Legal Domicile
MO
Principal Officer
MICHELLE VAN DILLEN
Phone
3147199881
Tax Period
2023-01-01 to 2023-12-31

THE VERY ASIAN FOUNDATION, founded in 2022, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $201K in total revenue in fiscal year 2023.

Mission

THE VERY ASIAN FOUNDATION'S MISSION IS TO SHINE A LIGHT ON ASIAN EXPERIENCES THROUGH ADVOCACY AND CELEBRATION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $220,017
Program Service Revenue $0
Investment Income $0
Other Revenue $-19,191
TOTAL REVENUE $200,826

Expense Breakdown

Grants Paid $11,711
Salaries & Benefits $396
Fundraising Expenses $22,019
Program Expenses $124,934
Other Expenses $184,925
TOTAL EXPENSES $197,032

Year-over-Year Comparison

2023 2022 Change
Revenue $200,826 $210,755 0.0%
Expenses $197,032 $104,749 +0.9%
Net Income $3,794 $106,006 -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

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
15

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
$32,610
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SOOGI HONG EXECUTIVE DI 40.00
Officer
$32,610 $0 $32,610
MICHELLE VAN DILLEN PRESIDENT 25.00
Officer Director
$0 $0 $0
ALEX LEE TREASURER 5.00
Officer Director
$0 $0 $0
STEPHEN LENIVY VICE-PRESIDE 10.00
Officer Director
$0 $0 $0
GIA VANG SECRETARY 15.00
Officer 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 $200,826 $197,032 $109,861 $3,794
2022 $210,755 $104,749 $116,895 $106,006
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