Civic Intelligence

Asian Americans Advancing Justice - Chicago

990 • Fiscal year 2021 • EIN 36-3844385

Jul 01, 2020 to Jun 30, 2021 • Filed on Oct 10, 2021

4716 N Broadway AveChicago, IL 60640

(773) 271-0899

Siviq Scores

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

Liabilities / Assets

44th percentile

0.04x

Higher debt load relative to assets than 44% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

42nd percentile

0.05x

Higher debt load relative to revenue than 42% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

90th percentile

59%

Higher net margin than 90% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

55th percentile

$68,846

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 2.5% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Assets

$3,463,903

No earlier filing loaded for comparison.

Net Assets

$3,311,838

No earlier filing loaded for comparison.

Liabilities

$152,065

No earlier filing loaded for comparison.

Revenue

$2,795,019

No earlier filing loaded for comparison.

Expenses

$1,155,441

No earlier filing loaded for comparison.

Net Income

$1,639,578

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2021: $3,463,903Liabilities 2021: $152,065Net Assets 2021: $3,311,8382021Assets 2022: $4,625,631Liabilities 2022: $98,388Net Assets 2022: $4,527,2432022Assets 2023: $5,476,652Liabilities 2023: $76,048Net Assets 2023: $5,400,6042023Assets 2024: $10,608,072Liabilities 2024: $523,158Net Assets 2024: $10,084,9142024Assets 2025: $10,851,871Liabilities 2025: $585,170Net Assets 2025: $10,266,7012025

Highlighted filing

2021

Assets$3,463,903
Liabilities$152,065
Net Assets$3,311,838

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0Revenue 2021: $2,795,019Expenses 2021: $1,155,441Net Income 2021: $1,639,5782021Revenue 2022: $3,425,660Expenses 2022: $2,029,188Net Income 2022: $1,396,4722022Revenue 2023: $2,293,890Expenses 2023: $1,420,530Net Income 2023: $873,3602023Revenue 2024: $6,732,087Expenses 2024: $2,047,777Net Income 2024: $4,684,3102024Revenue 2025: $2,226,415Expenses 2025: $2,044,628Net Income 2025: $181,7872025

Highlighted filing

2021

Revenue$2,795,019
Expenses$1,155,441
Net Income$1,639,578
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Oct 10, 2021
Return Version
2020v4.0
Gross Receipts
$2,835,861
Mission and Program Overview

Mission

The mission of asian americans advancing justice-chicago, an affiliate member of advancing justice, is to build power through collective advocacy and organizing to achieve racial equity.

The mission of Asian Americans Advancing JusticeChicago, an affiliate member of Advancing Justice, is to build power through collective advocacy and organizing to achieve racial equity.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$659,153$1,828,198▲ $1,169,045
Investments in Publicly Traded Securities$820,123$1,481,035▲ $660,912
Pledges and Grants Receivable$210,906$82,700▼ $128,206
Prepaid Expenses and Deferred Charges$13,418$13,857▲ $439
Land, Buildings, and Equipment, Net$8,327$5,307▼ $3,020
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,724,618$3,463,903▲ $1,739,285
Other Assets Total$12,691$52,806▲ $40,115
Liabilities
Accounts Payable and Accrued Expenses$69,592$152,065▲ $82,473
Unsecured Notes Loans Payable$126,128--
Total Liabilities$195,720$152,065▼ $43,655
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$452,756$2,531,590▲ $2,078,834
Net Assets With Donor Restrictions$1,076,142$780,248▼ $295,894
Total Net Assets Fund Balance$1,528,898$3,311,838▲ $1,782,940
Total Liabilities and Net Assets / Fund Balance$1,724,618$3,463,903▲ $1,739,285

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$5,307$28,293$33,600

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$500,000-▲ $92,844$92,844$500,000
2019$500,000-▲ $4,761$4,761$500,000
2018$500,000-▲ $25,683$25,683$500,000
2017$500,000-▲ $29,066$29,066$500,000
2016$500,000-▲ $36,017$36,017$500,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Andrew KangExecutive DirectorFT$68,846$68,846

Board Members and Trustees

NameTitle
Khai YangChair
J Karthik RajaVice-Chair
Aisha Ghori OzakiDirector
Cathy NiengDirector
Kavisha DaruDirector
Mark Anthony FloridoDirector
Michael P ChuDirector
Milynn MapaoloDirector
Sheehan BandDirector
Jean KimSecretary
Youngmee KoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,527,813
Program Service Revenue
$90,000
Investment Income
$17,612
Other Revenue
$159,594
All Other Contributions
$2,527,813
Change in Net Assets
$1,639,578

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,795,019
Revenue Not Reported on Form 990
$143,362
Total Revenue per Audited Statements
$2,938,381
Total Revenue per Form 990
$2,795,019
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$666,907
Other Expenses$488,534
Total Fundraising Expense$127,794
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$356,680$53,961$73,131$483,772
Current Officers, Directors, Trustees, and Key Employees$55,077$3,442$10,327$68,846
Other Employee Benefits$50,415$7,027$10,216$67,658
Payroll Taxes$34,750$4,844$7,037$46,631
Occupancy$29,825$4,158$6,045$40,028
All Other Expenses$16,328$9,012$2,017$27,357
Other Expenses$13,405$2,234$2,234$17,873
Office Expenses$9,615$1,602$1,602$12,819
Conferences and Meetings$5,120$586$587$6,293
Depreciation Depletion$2,265$377$378$3,020
Insurance$1,771$295$295$2,361
Travel$998$224-$1,222
Total Functional Expenses$928,168$99,479$127,794$1,155,441

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,155,441
Total Expenses per Audited Statements$1,155,441
Total Expenses per Form 990$1,155,441
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
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, Line 11B: Form 990 Review Process

From 990 is reviewed by the Finance Committee and the Board of Directors. The Board votes to approve form 990 before submission.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

On an annual basis each Board member and key employee is required to provide a written statement declaring whether or he/she has any known conflicts of interest.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Compensation for key employees is reviewed by the Board of Directors on an annual basis.

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

A complete copy of form 990 and the audit report is posted on the web-site of the Illinois Attorney General. This web-site is open to the general public.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Disclosure of governing documents, policies, and financial statements is made available to the general public upon written request.

Filing and Contact Details

Filer

Filer Name
Asian Americans
EIN
36-3844385
Phone
7732710899
Address
4716 N Broadway Ave, Chicago, IL 60640

Signing Officer

Name
Khai Yang
Title
Chair
Signed
2021-10-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Khai Yang
Formed
1992
Legal Domicile
Il
Voting Board Members
9
Independent Board Members
9
Employees
15
Volunteers
50

Preparer

Firm
James M Babic PC
Address
6414 Sinclair Ave, Berwyn, IL 60402
Preparer
James M Babic CPA
Phone
7087497030
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: Youth Programs:KINETIC is a youth-focused, civic leadership program that works with Limited English Proficient (LEP) immigrant and refugee high school students in Chicago Public Schools both in and out of the classroom. Every year approximately 115 young people participate in our KINETIC programs. This includes our after-school and in-school programs, as well as, our summer corps and service-learning trip to Springfield. Our KINETIC leaders successfully won their very first campaign! KINETIC youth leaders organized their peers and partner organizations to testify at a CPS Board of Education meeting and meet with CPS officials and were able to change the World Language Requirement to be more equitable for English Learner students. OTHER PROGRAM SERVICES 5: Advancing Justice Affiliation:Asian Americans Advancing Justice is a national affiliation of five leading organizations advocating for the civil and human rights of Asian Americans and other underserved communities to promote a fair and equitable society for all. The affiliation's members are: Advancing Justice - AAJC (Washington, D.C.), Advancing Justice - Los Angeles, Advancing Justice - Atlanta, Advancing Justice - Asian Law Caucus (San Francisco), and Advancing Justice - Chicago. We envision a fair and equitable society for all that ensures civil and human rights for Asian Americans, Pacific Islanders, and other communities. To achieve this, we will work togetheras equal and independent partners under one name, speaking with one unified and powerful voiceto promote justice, empower our communities, bring local and national constituents together, and strengthen our multi-racial democracy.

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

During the fiscal year ended June 30, 2015 AAAJC received a donor-restricted grant of $500,000 that requires the full grant amount to be invested in perpetuity and that related earnings thereon be spent in accordance with the Board-developed, donor-approved policy governing this fund.

Part X : FIN48 Footnote

AAJC's management has determined that ASC 740-10, which addresses accounting for uncertainty in income taxes, has no effect on its financial statements due to AAAJC's tax-exempt status.

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IRS990/MissionDesc0The mission of Asian Americans Advancing JusticeChicago, an affiliate member of Advancing Justice, is to build power through collective advocacy and organizing to achieve racial equity.
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IRS990/ProgSrvcAccomActy2Grp/Desc0AdvocacyAdvancing Justice | Chicago is a coalition leader in Chicago, in Illinois, and nationwide. Together with our partners, we advocate for policy change with a unified voice and exercise our power to win campaigns for our communities.Advancing Justice | Chicago is leading the initiative to pass the Teaching Equitable Asian American Community History (TEAACH) Act. Together with our partner organizations, we are building support for the bill across the state to ensure that Illinois students, including 100,000 Asian American K-12 students, learn a more complete picture of our countrys history that includes the many legacies and contributions of Asian Americans.As a member of the Pan-Asian Voter Empowerment (PAVE) Coalition, we organize with Asian community serving organizations in Chicago and the suburbs to empower our communities to take action. Together with PAVE, we organize the annual Asian American Action Day in Springfield, the Asian American Legislative Caucus in the Illinois General Assembly, and Mayoral Candidate Forums during Chicago city election season.As a member of the Illinois Coalition for Immigrant and Refugee Rights (ICIRR), we join a powerful coalition of community-based organizations from across the state to win campaigns to help our communities. Together with ICIRR and PASO (West Suburban Action Project), Advancing Justice | Chicago co-convened the Campaign for a Welcoming Illinois to pass the Illinois TRUST Act.Just Democracy is a broad-based and diverse coalition that works to protect and promote the value of a single vote, no matter the geographic, racial, ethnic or party affiliation of the voter. Together with partners across Illinois, we have successfully advocated for the passage of Automatic Voter Registration, Election Day Registration, and Online Voter Registration in Illinois.
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IRS990/ProgSrvcAccomActy3Grp/Desc0Civic Engagement:We organize our communities in Illinois and across the Midwest to be engaged year-round in order to grow our power. We get out the vote during election seasons, educate our communities on issues, and mobilize community members to win campaigns.Elections are one of the ways that we exercise our power as a community. We conduct seasonal Get Out The Vote campaigns with the Pan-Asian Voter Empowerment (PAVE) Coalition to register, educate, and engage the Asian American and immigrant communities to show up and display our power on Election Day.Asian American and immigrant communities have historically faced barriers that prevent participation in elections. We protect our communities rights to vote by recruiting, training, and deploying volunteer poll monitors to over 100 precincts every election day to ensure that voters rights are protected.Asian Americans face a unique set of challenges in Chicago and across the state. We educate our communities year-round on issues and current events, promoting action beyond election season.Every year, we organize a legislative advocacy day in Springfield with our partners in the PAVE Coalition. Over 400 Asian American community members participate annually to rally and meet with elected officials at the state capitol on issues that affect our communities.A complete Census count ensures that our communities get the resources and representation that they deserve. Historically, Asian American and Pacific Islanders are among those most likely to be undercounted. In the 2020 decennial Census, we will be working to educate our communities and get a complete count of AAPI communities in Illinois.
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