AAPI DEMOCRACY FUND

EIN: 933775024 Philanthropy & Grantmaking

RANCHO CUCAMONGA, CA

Total Revenue
$3,520,500
Total Expenses
$3,213,540
Total Assets
$321,607
Net Assets
$306,960
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
CA
Principal Officer
LUNA YASUI
Phone
2025520221
Tax Period
2024-01-01 to 2024-12-31

AAPI DEMOCRACY FUND, founded in 2023, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $3.5M in total revenue in fiscal year 2024. Expenses of $3.2M left a modest 9% surplus.

Mission

TO ELEVATE THE ISSUES IMPACTING ASIAN AMERICAN AND PACIFIC ISLANDER (AAPI) COMMUNITIES AND ADVANCE PROGRESSIVE POLICY CHANGE THROUGH ISSUE ADVOCACY AND ELECTORAL CAMPAIGNS.

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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 $3,520,500
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $3,520,500

Expense Breakdown

Grants Paid $2,507,500
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $3,159,934
Other Expenses $706,040
TOTAL EXPENSES $3,213,540

Year-over-Year Comparison

2024 2023 Change
Revenue $3,520,500 N/A N/A
Expenses $3,213,540 N/A N/A
Net Income $306,960 $0 N/A
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
3
Independent Members
3
Employees
N/A
Volunteers
5

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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LUNA YASUI CHAIR 1.00
Director
$0 $0 $0
QUANITA TOFFIE SECRETARY 1.00
Director
$0 $0 $0
CONNIE CAGAMPANG HELLER TREASURER 1.00
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 $3,520,500 $3,213,540 $321,607 $306,960
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