Civic Intelligence

Asian American Professional Association

EIN 33-1065327 • 501(c)3 • Los Angeles, CA

Profile

To advance asian american professionals to leadership roles through training, networking, and collaboration.

360 E 2nd St 800Los Angeles, CA 90012

www.aapamentoring.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

75th percentile

0.06x

Higher debt load relative to assets than 75% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

79th percentile

0.06x

Higher debt load relative to revenue than 79% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

81st percentile

29%

Higher net margin than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

83rd percentile

35%

Faster asset growth than 83% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

56th percentile

3.0%

Faster revenue growth than 56% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$307,021

Down $21,109 (-6.4%) from 2023

Liabilities

Down

$0

Down $8,293 (-100%) from 2023

Net Assets

Down

$307,021

Down $12,816 (-4.0%) from 2023

Revenue

Down

$200,095

Down $101,032 (-34%) from 2023

Expenses

Up

$233,532

Up $34,075 (+17%) from 2023

Net Income

Down

-$33,437

Down $135,107 (-133%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2015: $165,353Liabilities 2015: $0Net Assets 2015: $165,3532015Assets 2016: $186,233Liabilities 2016: $0Net Assets 2016: $186,2332016Assets 2018: $172,552Liabilities 2018: $1,921Net Assets 2018: $170,6312018Assets 2019: $182,424Liabilities 2019: $37,842Net Assets 2019: $144,5822019Assets 2020: $118,370Liabilities 2020: $29,412Net Assets 2020: $88,9582020Assets 2021: $171,680Liabilities 2021: $17,981Net Assets 2021: $153,6992021Assets 2022: $231,010Liabilities 2022: $12,843Net Assets 2022: $218,1672022Assets 2023: $328,130Liabilities 2023: $8,293Net Assets 2023: $319,8372023Assets 2024: $307,021Liabilities 2024: $0Net Assets 2024: $307,0212024

Highlighted filing

2024

Assets$307,021
Liabilities$0
Net Assets$307,021

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2015: $138,830Expenses 2015: $132,374Net Income 2015: $6,4562015Revenue 2016: $205,644Expenses 2016: $184,764Net Income 2016: $20,8802016Revenue 2018: $107,160Expenses 2018: $106,128Net Income 2018: $1,0322018Revenue 2019: $123,858Expenses 2019: $149,907Net Income 2019: -$26,0492019Revenue 2020: $81,673Expenses 2020: $137,297Net Income 2020: -$55,6242020Revenue 2021: $213,461Expenses 2021: $148,720Net Income 2021: $64,7412021Revenue 2022: $219,801Expenses 2022: $155,333Net Income 2022: $64,4682022Revenue 2023: $301,127Expenses 2023: $199,457Net Income 2023: $101,6702023Revenue 2024: $200,095Expenses 2024: $233,532Net Income 2024: -$33,4372024

Highlighted filing

2024

Revenue$200,095
Expenses$233,532
Net Income-$33,437

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 4, 2025
Return Version
2024v5.1
Gross Receipts
$215,492
Mission and Program Overview

Mission

To insprire, develop and promote asian american and minority professionals to maximize their career and leadership potential.

To advance asian american professionals to leadership roles through training, networking, and collaboration.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$307,317$273,658▼ $33,659
Savings and Temporary Cash Investments$20,352$33,363▲ $13,011
Prepaid Expenses and Deferred Charges$461$0▼ $461
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$328,130$307,021▼ $21,109
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$8,293--
Total Liabilities$8,293$0▼ $8,293
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$319,837$307,021▼ $12,816
Total Net Assets Fund Balance$319,837$307,021▼ $12,816
Total Liabilities and Net Assets / Fund Balance$328,130$307,021▼ $21,109
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Karen LoongPresident & CEOFT$95,979$95,979

Board Members and Trustees

NameTitle
Andrew CheungChairman
Eric Quon-leeDirector
Evangeline DejorasDirector
Jannelle AndesDirector
Linda KimDirector
Richard CheungDirector
Virginia MaoDirector
Yashica WileyDirector
Yogita MantriSecretary
Clint ChienTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$187,771
Program Service Revenue
$8,678
Investment Income
$3,646
Other Revenue
$0
All Other Contributions
$147,941
Change in Net Assets
$-33,437
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$185,712
Other Expenses$47,195
Grants and Similar Amounts Paid$625
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$79,547$16,432-$95,979
Other Salaries and Wages$32,407$43,485-$75,892
Insurance$13,093$3,656-$16,749
Payroll Taxes$11,073$2,768-$13,841
Information Technology$9,178$2,099-$11,277
Occupancy$77$3,871-$3,948
Fees for Services Other$3,850--$3,850
Fees for Services Accounting-$3,812-$3,812
Other Expenses$23$875-$875
All Other Expenses$553$263-$816
Grants to Domestic Orgs$625--$625
Office Expenses$50$16-$66
Advertising-$25-$25
Total Functional Expenses$153,326$80,206$0$233,532
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$15,397
Fundraising Gross Income$15,397
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
25th Anniversary Gala$55,227$15,397$15,397$0
Total Events$55,227$15,397$15,397-
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Form 990 is reviewed and approved by the treasurer and the president/ceo before filing.

Form 990, Part VI, Section B, Line 15A

The compensation of the Executive Director is discussed, reviewed, and approved annually by the Board of Directors based upon an annual performance evaluation.

Form 990, Part VI, Section C, Line 18

Form 990 is available through www.guidestar.org and the irs website.

Form 990, Part VI, Section C, Line 19

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Asian American Professional Association
EIN
33-1065327
Phone
6265596071
Address
360 E 2ND ST 800, LOS ANGELES, CA 90012

Signing Officer

Name
Clint Chien
Title
Treasurer
Signed
2025-04-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Clint Chien
Formed
2003
Legal Domicile
CA
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
200

Preparer

Firm
Kevin Wong CPA
Address
301 E foothill blvd ste 202, arcadia, CA 91006
Preparer
Kevin Wong
Phone
6262474339
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IRS990/OtherExpensesGrp/ProgramServicesAmt123
IRS990/OtherExpensesGrp/TotalAmt03376
IRS990/OtherExpensesGrp/TotalAmt11495
IRS990/OtherExpensesGrp/TotalAmt2906
IRS990/OtherExpensesGrp/TotalAmt3875
IRS990/OtherInd0X
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt043485
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt032407
IRS990/OtherSalariesAndWagesGrp/TotalAmt075892
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02768
IRS990/PayrollTaxesGrp/ProgramServicesAmt011073
IRS990/PayrollTaxesGrp/TotalAmt013841
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0461
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0CLINT CHIEN
IRS990/PriorPeriodAdjustmentsAmt020621
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt08678
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt08678
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0253086
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt08
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt095439
IRS990/PYProgramServiceRevenueAmt048033
IRS990/PYRevenuesLessExpensesAmt0101670
IRS990/PYSalariesCompEmpBnftPaidAmt0104018
IRS990/PYTotalExpensesAmt0199457
IRS990/PYTotalRevenueAmt0301127
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-33437
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt08678
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt020352
IRS990/SavingsAndTempCashInvstGrp/EOYAmt033363
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0187771
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0296319
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0219797
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0200226
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt065324
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0969437
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt03646
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03646
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt03646
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt03646
IRS990ScheduleA/InvestmentIncomeCYPct00.00370
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt08678
IRS990ScheduleA/OtherIncome509Grp/TotalAmt08678
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.74330
IRS990ScheduleA/PublicSupportPY509Pct00.97160
IRS990ScheduleA/PublicSupportTotal509Amt0729737
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt074850
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt059850
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt055000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt050000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0239700
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt074850
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt059850
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt055000
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt050000
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0239700
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0187771
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0296319
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0219797
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0200226
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt065324
IRS990ScheduleA/Total509Grp/TotalAmt0969437
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0200095
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0296319
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0219797
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0200226
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt065324
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0981761
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt039830
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt039830
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt015397
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm025TH ANNIVERSARY GALA
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt055227
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt055227
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt015397
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt015397
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt015397
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt015397
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/PhoneSolicitationsInd0X
IRS990ScheduleG/SolicitationOfNonGovtGrantsInd0X
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED AND APPROVED BY THE TREASURER AND THE PRESIDENT/CEO BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The compensation of the Executive Director is discussed, reviewed, and approved annually by the Board of Directors based upon an annual performance evaluation.

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