ASIAN BUSINESS ASSOCIATION INC FKA ASIAN BUSINESS ASSOCIATION OF LOS (EIN 953446900) - Form 990 Financial Analysis & Trantor Score

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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

1979

Legal Domicile

Phone

2136281222

Tax Period

2023-01-01 to 2023-12-31

ASIAN BUSINESS ASSOCIATION INC FKA ASIAN BUSINESS ASSOCIATION OF LOS, founded in 1979, is a small nonprofit that reported $567K in total revenue in fiscal year 2023.

Mission

PROMOTE NETWORKING OPPORTUNITIES BETWEEN CORPORATE AMERICA & SMALL ASIAN OWNED BUSINESSES

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $183,321

Program Service Revenue $369,240

Investment Income $14,207

Other Revenue $0

TOTAL REVENUE $566,768

Expense Breakdown

Grants Paid $0

Salaries & Benefits $298,636

Fundraising Expenses $0

Program Expenses $202,599

Other Expenses $300,815

TOTAL EXPENSES $599,451

Year-over-Year Comparison

	2023	2022	Change
Revenue	$566,768	$551,766	+0.0%
Expenses	$599,451	$582,305	+0.0%
Net Income	$-32,683	$-30,539	+0.1%

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

Governance

Voting Members

Independent Members

N/A

Employees

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TERESA WRIGHT	Treasurer	1.00	Director	$0	$0	$0
QUEENA WEI	Co-Chairman	1.00	Director	$0	$0	$0
BEN PASCUAL	Co-Chairman	1.00	Director	$0	$0	$0
MELISSA JAWAHARLAL	Secretary	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$566,768	$599,451	$905,238	$-32,683
2022	$551,766	$582,305	$937,408	$-30,539
2021	$1,913,490	$1,399,330	$968,462	$514,160
2020	$320,542	$327,434	$454,300	$-6,892
2019	$442,440	$403,036	$341,192	$39,404
2018	$347,312	$363,510	$301,788	$-16,198

ASIAN BUSINESS ASSOCIATION INC FKA ASIAN BUSINESS ASSOCIATION OF LOS