Asian American Psychological Association

EIN: 931103996 501(c)(3) Mental Health

San Diego, CA

Total Revenue
$203,255
Total Expenses
$121,158
Total Assets
$660,337
Net Assets
$660,337
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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
1972
Legal Domicile
CA
Principal Officer
Soyeong Kim
Phone
7739916940
Tax Period
2023-01-01 to 2023-12-31

Asian American Psychological Association, founded in 1972, is a small nonprofit in the Mental Health sector that reported $203K in total revenue in fiscal year 2023. Revenue fell 34% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $82K, a strong 40% operating margin.

Mission

Advance the mental health and well-being of Asian American communities through research, professional practice, education and policy.

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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 $121,523
Program Service Revenue $81,706
Investment Income $26
Other Revenue $0
TOTAL REVENUE $203,255

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $105,395
Other Expenses $121,158
TOTAL EXPENSES $121,158

Year-over-Year Comparison

2023 2022 Change
Revenue $203,255 $307,729 -0.3%
Expenses $121,158 $108,148 +0.1%
Net Income $82,097 $199,581 -0.6%
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
10
Independent Members
10
Employees
N/A
Volunteers
95

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
24
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Christine Catipon President N/A
Officer
$0 $0 $0
Donna Demanarig Vice President N/A
Officer
$0 $0 $0
Kavita Atwal PhD Secretary/Historian N/A
Officer
$0 $0 $0
Michi Fu PhD APA Council Rep N/A
Officer
$0 $0 $0
Amy Kobus Director N/A
Officer
$0 $0 $0
Topaza Yu Board of Directors (Student Rep) N/A
Officer
$0 $0 $0
Lainie Posecion PhD Director N/A
Officer
$0 $0 $0
Minisun Lee Director N/A
Officer
$0 $0 $0
Cat Bitney Co-Financial Officer N/A
Officer
$0 $0 $0
Florensia Surjadi Co-Financial Officer N/A
Officer
$0 $0 $0
June Kim PhD Editor AAJP N/A
$0 $0 $0
Amanda Breen Co-Financial Officer N/A
Officer
$0 $0 $0
Michelle Madore Editor-Elect, AAJP N/A
Officer
$0 $0 $0
Richard Chang Communications Director N/A
Officer
$0 $0 $0
Lisa Cruz Communications Director N/A
Officer
$0 $0 $0
Daisuke Akiba Convention Chair N/A
Officer
$0 $0 $0
Grace Cho Social Media Intern N/A
Officer
$0 $0 $0
Teresa Hsu Convention Chair N/A
Officer
$0 $0 $0
Tania Chowdhury Membership Officer N/A
Officer
$0 $0 $0
Lisa Liu Membership Officer N/A
Officer
$0 $0 $0
Alexandra Sasha Vasilou Newsletter Co-Editor N/A
Officer
$0 $0 $0
Caitlyn Suen Newsletter Co-Editor N/A
Officer
$0 $0 $0
Soyeong Kim Incoming Co-Financial Director N/A
Officer
$0 $0 $0
Jan Estrellado Co-Chair Leadership Fellows Program N/A
Officer
$0 $0 $0
Koko Nishi Co-Chair Leadership Fellows Program N/A
Officer
$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 $203,255 $121,158 $660,337 $82,097
2022 $307,729 $108,148 $577,564 $199,581
2021 $211,297 $263,742 $377,983 $-52,445
2020 $379,386 $141,073 $430,428 $238,313
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