Civic Intelligence

Areaa Silicon Valley Inc

990EZ • Fiscal year 2016 • EIN 27-2209861

Jan 01, 2016 to Dec 31, 2016 • Filed on Jun 06, 2017

742 Charcot AveSan Jose, CA 95131

(408) 836-4560

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

46th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

46th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Net Margin

28th percentile

-5.6%

Higher net margin than 28% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Top Officer Pay

69th percentile

$0

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Asset Growth

2nd percentile

-83%

Faster asset growth than 2% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

96th percentile

84%

Faster revenue growth than 96% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$1,279

Down $6,233 (-83%) from 2015

Net Assets

Down

$1,279

Down $6,233 (-83%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Up

$110,748

Up $50,581 (+84%) from 2015

Expenses

Up

$116,981

Up $59,776 (+104%) from 2015

Net Income

Down

-$6,233

Down $9,195 (-310%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0Assets 2015: $7,512Liabilities 2015: $0Net Assets 2015: $7,5122015Assets 2016: $1,279Liabilities 2016: $0Net Assets 2016: $1,2792016Assets 2017: $6,761Liabilities 2017: $0Net Assets 2017: $6,7612017Assets 2018: $20,721Liabilities 2018: $0Net Assets 2018: $20,7212018Assets 2019: $64,699Liabilities 2019: $0Net Assets 2019: $64,6992019Assets 2020: $91,699Liabilities 2020: $0Net Assets 2020: $91,6992020Assets 2021: $62,819Liabilities 2021: $0Net Assets 2021: $62,8192021Assets 2022: $116,902Liabilities 2022: $0Net Assets 2022: $116,9022022Assets 2023: $88,902Liabilities 2023: $748Net Assets 2023: $88,1542023Assets 2024: $86,044Liabilities 2024: $748Net Assets 2024: $85,2962024

Highlighted filing

2016

Assets$1,279
Liabilities$0
Net Assets$1,279

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100KRevenue 2015: $60,167Expenses 2015: $57,205Net Income 2015: $2,9622015Revenue 2016: $110,748Expenses 2016: $116,981Net Income 2016: -$6,2332016Revenue 2017: $74,744Expenses 2017: $69,262Net Income 2017: $5,4822017Revenue 2018: $78,262Expenses 2018: $64,302Net Income 2018: $13,9602018Revenue 2019: $133,657Expenses 2019: $89,679Net Income 2019: $43,9782019Revenue 2020: $74,965Expenses 2020: $47,965Net Income 2020: $27,0002020Revenue 2021: $50,610Expenses 2021: $79,490Net Income 2021: -$28,8802021Revenue 2022: $182,305Expenses 2022: $128,222Net Income 2022: $54,0832022Revenue 2023: $78,038Expenses 2023: $106,786Net Income 2023: -$28,7482023Revenue 2024: $87,179Expenses 2024: $90,037Net Income 2024: -$2,8582024

Highlighted filing

2016

Revenue$110,748
Expenses$116,981
Net Income-$6,233
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jun 6, 2017
Return Version
2016v3.0
Gross Receipts
$110,748
Mission and Program Overview

Mission

Promote sustainable homeownership oppor

Asian real estate association of america (areaa) is a nonprofit national professional trade organization dedicated to promoting sustainable homeownership opportunities in asian american communities by creating a powerful national voice for the housing and real estate professionals that serve this dynamic market.

Program Services

DescriptionGrantsExpenses
AREAA'S MEMBERSHIP REPRESENTS A BROAD ARRAY OF REAL ESTATE, MORTGAGE AND HOUSING-RELATED PROFESSIONALS THAT SERVE THE DIVERSE ASIAN AMERICAN MARKET. WITH MEMBERS THAT SERVE NEARLY ALL SEGMENTS OF THE ASIAN AMERICAN POPULATION, AREAA IS THE ONLY TRADE ASSOCIATION DEDICATED TO REPRESENTING THE INTERESTS OF THE ASIAN REAL ESTATE MARKET NATIONWIDE.MEMBERSHIP INCLUDES HOUSING AND REAL ESTATE PROFESSIONALS OF ALL CULTURAL BACKGROUNDS AND IS OPEN TO THOSE WHO SUPPORT THE MISSION OF INCREASING SUSTAINABLE HOMEOWNERSHIP IN ASIAN COMMUNITY.$0$67,250
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MIKE BUIPresident-$0--
MICHELLE LINVice-President-$0--
ATSUKO YUBEPast President-$0--
KATY CARESecretary-$0--
ANDY CHUNGDirector-$0--
COCO TANDirector-$0--
THOMAS DUONGDirector-$0--
RAN HUANGDirector-$0--
ANDREW PAKDirector-$0--
JAGI SHAHANIDirector-$0--
Filing and Contact Details

Filer

Filer Name
Areaa Silicon Valley Inc
EIN
27-2209861
Phone
4088364560
Address
742 CHARCOT AVE, SAN JOSE, CA 95131

Signing Officer

Name
Thomas Duong
Title
President
Phone
4088364560
Signed
2017-06-06
Discuss with paid preparer
Yes

Preparer

Firm
Boman Accounting Group Inc
Address
20 UNION AVENUE, CAMPBELL, CA 95008
Preparer
Lynda R Boman CPA
Phone
4088662004
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: refunds. Amount: 2,647.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: charitable contribution. Grantee name: northern california commercial association of grantee name: northern california commercial association of. Grantee address: 820 park row #571 salinas, ca 93901. Grantee relationship: none. Property description: cash. Date of gift: 01/12/16. Amount given: 75.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: charitable contribution. Grantee name: silicon valley association of realtors. Grantee address: 19400 stevens creek blvd, suite 100 cupertino, ca 95014. Grantee relationship: none. Property description: cash. Date of gift: 01/13/16. Amount given: 450.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: charitable contribution. Grantee name: santa clara association of realtors. Grantee address: 1651 n 1st street san jose, ca 95112. Grantee relationship: none. Property description: cash. Date of gift: 01/13/16. Amount given: 1,000.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: charitable contribution. Grantee name: areaa greater east bay. Grantee address: 3871 piedmont avenue #61 oakland, ca 94611. Grantee relationship: none. Property description: cash. Date of gift: 01/14/16. Amount given: 375.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: charitable contribution. Grantee name: silicon valley rebuilding together. Grantee address: 1701 south 7th street #10 san jose, ca 95112. Grantee relationship: none. Property description: cash. Date of gift: 03/21/16. Amount given: 895.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: charitable contribution. Grantee name: standup for kids. Grantee address: 5 e hedding street san jose, ca 95112. Grantee relationship: none. Property description: cash. Date of gift: 05/17/16. Amount given: 200.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: charitable contribution. Grantee name: sacred hearts. Grantee address: 1381 s 1st street san jose, ca 95110. Grantee relationship: none. Property description: cash. Date of gift: 05/25/16. Amount given: 200. Total included on form 990-ez, line 10: 3,195.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: special events. Amount: 60,375. Description: advertising and marketing. Amount: 10,339. Description: bank and merchant fees. Amount: 114. Description: educational events. Amount: 4,214. Description: insurance. Amount: 1,814. Description: internet and software. Amount: 546. Description: meetings. Amount: 2,238. Description: membership drive. Amount: 2,661. Description: registration fees. Amount: 1,280. Description: supplies. Amount: 668. Description: travel and lodging. Amount: 12,200. Description: tax and filing fees. Amount: 20. Total to form 990-ez, line 16: 96,469.

Raw XML Appendix180 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MIKE BUI
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ATSUKO YUBE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3KATY CARE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4ANDY CHUNG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5COCO TAN
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8ANDREW PAK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9JAGI SHAHANI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE-PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2PAST PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt096469
IRS990EZ/OtherRevenueTotalAmt02647
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0ASIAN REAL ESTATE ASSOCIATION OF AMERICA (AREAA) IS A NONPROFIT NATIONAL PROFESSIONAL TRADE ORGANIZATION DEDICATED TO PROMOTING SUSTAINABLE HOMEOWNERSHIP OPPORTUNITIES IN ASIAN AMERICAN COMMUNITIES BY CREATING A POWERFUL NATIONAL VOICE FOR THE HOUSING AND REAL ESTATE PROFESSIONALS THAT SERVE THIS DYNAMIC MARKET.
IRS990EZ/PrintingPublicationsPostageAmt0136
IRS990EZ/ProgramServiceRevenueAmt028151
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0AREAA'S MEMBERSHIP REPRESENTS A BROAD ARRAY OF REAL ESTATE, MORTGAGE AND HOUSING-RELATED PROFESSIONALS THAT SERVE THE DIVERSE ASIAN AMERICAN MARKET. WITH MEMBERS THAT SERVE NEARLY ALL SEGMENTS OF THE ASIAN AMERICAN POPULATION, AREAA IS THE ONLY TRADE ASSOCIATION DEDICATED TO REPRESENTING THE INTERESTS OF THE ASIAN REAL ESTATE MARKET NATIONWIDE.MEMBERSHIP INCLUDES HOUSING AND REAL ESTATE PROFESSIONALS OF ALL CULTURAL BACKGROUNDS AND IS OPEN TO THOSE WHO SUPPORT THE MISSION OF INCREASING SUSTAINABLE HOMEOWNERSHIP IN ASIAN COMMUNITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/WebsiteAddressTxt0HTTP://WWW.AREAA.ORG/SILICONVALLEY
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: REFUNDS. AMOUNT: 2,647.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: CHARITABLE CONTRIBUTION. GRANTEE NAME: NORTHERN CALIFORNIA COMMERCIAL ASSOCIATION OF GRANTEE NAME: NORTHERN CALIFORNIA COMMERCIAL ASSOCIATION OF. GRANTEE ADDRESS: 820 PARK ROW #571 SALINAS, CA 93901. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 01/12/16. AMOUNT GIVEN: 75.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACTIVITY CLASSIFICATION: CHARITABLE CONTRIBUTION. GRANTEE NAME: SILICON VALLEY ASSOCIATION OF REALTORS. GRANTEE ADDRESS: 19400 STEVENS CREEK BLVD, SUITE 100 CUPERTINO, CA 95014. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 01/13/16. AMOUNT GIVEN: 450.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACTIVITY CLASSIFICATION: CHARITABLE CONTRIBUTION. GRANTEE NAME: SANTA CLARA ASSOCIATION OF REALTORS. GRANTEE ADDRESS: 1651 N 1ST STREET SAN JOSE, CA 95112. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 01/13/16. AMOUNT GIVEN: 1,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACTIVITY CLASSIFICATION: CHARITABLE CONTRIBUTION. GRANTEE NAME: AREAA GREATER EAST BAY. GRANTEE ADDRESS: 3871 PIEDMONT AVENUE #61 OAKLAND, CA 94611. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 01/14/16. AMOUNT GIVEN: 375.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ACTIVITY CLASSIFICATION: CHARITABLE CONTRIBUTION. GRANTEE NAME: SILICON VALLEY REBUILDING TOGETHER. GRANTEE ADDRESS: 1701 SOUTH 7TH STREET #10 SAN JOSE, CA 95112. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 03/21/16. AMOUNT GIVEN: 895.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ACTIVITY CLASSIFICATION: CHARITABLE CONTRIBUTION. GRANTEE NAME: STANDUP FOR KIDS. GRANTEE ADDRESS: 5 E HEDDING STREET SAN JOSE, CA 95112. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 05/17/16. AMOUNT GIVEN: 200.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ACTIVITY CLASSIFICATION: CHARITABLE CONTRIBUTION. GRANTEE NAME: SACRED HEARTS. GRANTEE ADDRESS: 1381 S 1ST STREET SAN JOSE, CA 95110. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 05/25/16. AMOUNT GIVEN: 200. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 3,195.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8DESCRIPTION: SPECIAL EVENTS. AMOUNT: 60,375. DESCRIPTION: ADVERTISING AND MARKETING. AMOUNT: 10,339. DESCRIPTION: BANK AND MERCHANT FEES. AMOUNT: 114. DESCRIPTION: EDUCATIONAL EVENTS. AMOUNT: 4,214. DESCRIPTION: INSURANCE. AMOUNT: 1,814. DESCRIPTION: INTERNET AND SOFTWARE. AMOUNT: 546. DESCRIPTION: MEETINGS. AMOUNT: 2,238. DESCRIPTION: MEMBERSHIP DRIVE. AMOUNT: 2,661. DESCRIPTION: REGISTRATION FEES. AMOUNT: 1,280. DESCRIPTION: SUPPLIES. AMOUNT: 668. DESCRIPTION: TRAVEL AND LODGING. AMOUNT: 12,200. DESCRIPTION: TAX AND FILING FEES. AMOUNT: 20. TOTAL TO FORM 990-EZ, LINE 16: 96,469.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0THOMAS DUONG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04088364560
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-06-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AREAA SILICON VALLEY INC
ReturnHeader/Filer/BusinessNameControlTxt0AREA
ReturnHeader/Filer/EIN0272209861
ReturnHeader/Filer/PhoneNum04088364560
ReturnHeader/Filer/USAddress/AddressLine1Txt0742 CHARCOT AVE
ReturnHeader/Filer/USAddress/CityNm0SAN JOSE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd095131
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ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0BA97FC1D5B038DB370FD15DB218255B1A1FE43D9
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt096.82.71.186
ReturnHeader/FilingSecurityInformation/IPDt02017-06-06
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm009:34:10
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0263939360
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BOMAN ACCOUNTING GROUP INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt020 UNION AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CAMPBELL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd095008
ReturnHeader/PreparerPersonGrp/PhoneNum04088662004
ReturnHeader/PreparerPersonGrp/PreparationDt02017-06-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LYNDA R BOMAN CPA
ReturnHeader/ReturnTs02017-11-11T16:08:25-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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Filings