ASIAN AMERICAN JOURNALISTS ASSOCIA… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1981

Legal Domicile

Principal Officer

NAOMI TACUYAN UNDERWOOD

Phone

2027298383

Tax Period

2023-01-01 to 2023-12-31

ASIAN AMERICAN JOURNALISTS ASSOCIATION, founded in 1981, is a community nonprofit in the Arts, Culture & Humanities sector that reported $5.0M in total revenue in fiscal year 2023. Revenue surged 84% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.5M, a strong 50% operating margin.

Mission

TO PROVIDE AND MAINTAIN PROGRAMS FOR PROFESSIONALS AND STUDENTS. PROFESSIONAL PROGRAMS INCLUDE MULTIMEDIA TRAINING OPPORTUNITIES, EXECUTIVE LEADERSHIP PROGRAMS, AND FELLOWSHIPS. STUDENT PROGRAMS INCLUDE MEDIA INTERNSHIPS, JOURNALISM TRAINING INTERNSHIP GRANTS, AND JOURNALISM SCHOLARSHIPS.

Program Service Accomplishments

Program 1

Expenses: $927,269 Revenue: $554,079

DURING THE COVID PANDEMIC AND THEREAFTER, AAJA CONTINUED TO ADAPT TO VIRTUAL MEETINGS, TO HELP THOSE IN THE JOURNALISM INDUSTRY HANDLE THE MANY CHALLENGES. VIA ZOOM MEETINGS, WE WERE ABLE TO STAY...

DURING THE COVID PANDEMIC AND THEREAFTER, AAJA CONTINUED TO ADAPT TO VIRTUAL MEETINGS, TO HELP THOSE IN THE JOURNALISM INDUSTRY HANDLE THE MANY CHALLENGES. VIA ZOOM MEETINGS, WE WERE ABLE TO STAY CONNECTED, ENCOURAGE AND PRESENT OUR EDUCATIONAL MATERIAL. OUR ANNUAL CONFERENCE WAS A GREAT SUCCESS AGAIN THIS YEAR, WITH STRONG SPONSORSHIP AND PARTICIPATION.

Program 2

Expenses: $73,849

SCHOLARSHIP PROGRAM: AAJA PROVIDES SCHOLARSHIPS TO DESERVING STUDENTS COMMITTED TO A CAREER IN JOURNALISM. THE PROGRAM IS OPEN TO ALL STUDENTS. JOURNALISM SCHOLARSHIPS, INTERNSHIP GRANTS, MEDIA...

SCHOLARSHIP PROGRAM: AAJA PROVIDES SCHOLARSHIPS TO DESERVING STUDENTS COMMITTED TO A CAREER IN JOURNALISM. THE PROGRAM IS OPEN TO ALL STUDENTS. JOURNALISM SCHOLARSHIPS, INTERNSHIP GRANTS, MEDIA INTERNSHIPS, JOURNALISM TRAINING AND GRADUATE SCHOOL SCHOLARSHIPS ARE ALL AVAILABLE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,319,444

Program Service Revenue $554,079

Investment Income $9,676

Other Revenue $140,286

TOTAL REVENUE $5,023,485

Expense Breakdown

Grants Paid $81,474

Salaries & Benefits $605,849

Fundraising Expenses $598,058

Program Expenses $1,001,118

Other Expenses $1,656,753

TOTAL EXPENSES $2,509,676

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,023,485	$2,727,026	+0.8%
Expenses	$2,509,676	$2,805,762	-0.1%
Net Income	$2,513,809	$-78,736	-32.9%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

100

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

$165,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NICOLE DUNGCA	PRESIDENT	8.00	Officer Director	$0	$0	$0
FRANK BI	SENIOR VICE PRESIDENT	4.00	Officer Director	$0	$0	$0
KRIS VERA-PHILLIPS	VICE PRESIDENT, JOURNALISM	4.00	Officer Director	$0	$0	$0
MARIAN C LIU	VICE PRESIDENT, CIVIC ENGAGEMENTS	4.00	Officer Director	$0	$0	$0
JIN DING	VICE PRESIDENT, FINANCE	4.00	Officer Director	$0	$0	$0
SHIRLEY QIU	VICE PRESIDENT, COMMUNICATIONS	4.00	Officer Director	$0	$0	$0
ANIKA VARTY	SMALL/MEDIUM CHAPTER REPRESENTATIVE	4.00	Director	$0	$0	$0
DAIGO FUJIWARA-SMITH	SMALL/MEDIUM CHAPTER REPRESENTATIVE	4.00	Director	$0	$0	$0
MORIAH BALINGIT	LARGE CHAPTER REPRESENTATIVE	4.00	Director	$0	$0	$0
ARIC JOHNSON	AT-LARGE CHAPTER REPRESENTATIVE	4.00	Director	$0	$0	$0
CHRIS NGUYEN	AT-LARGE CHAPTER REPRESENTATIVE	4.00	Director	$0	$0	$0
NAOMI TACUYAN UNDERWOOD	EXECUTIVE DIRECTOR	40.00	Officer	$155,000	$10,000	$165,000

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	$5,023,485	$2,509,676	$8,922,632	$2,513,809
2022	$2,727,026	$2,805,762	$6,020,064	$-78,736
2021	$3,748,765	$1,672,677	$6,334,318	$2,076,088
2020	$1,698,659	$1,135,611	$4,021,913	$563,048

ASIAN AMERICAN JOURNALISTS ASSOCIATION