Civic Intelligence

Asian Americans Advancing Justice - Chicago

990 • Fiscal year 2022 • EIN 36-3844385

Jul 01, 2021 to Jun 30, 2022 • Filed on Jan 19, 2023

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

37th percentile

0.02x

Higher debt load relative to assets than 37% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

35th percentile

0.03x

Higher debt load relative to revenue than 35% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

86th percentile

41%

Higher net margin than 86% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

55th percentile

$71,442

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 2.1% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

83rd percentile

34%

Faster asset growth than 83% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

68th percentile

23%

Faster revenue growth than 68% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$4,625,631

Up $1,161,728 (+34%) from 2021

Net Assets

Up

$4,527,243

Up $1,215,405 (+37%) from 2021

Liabilities

Down

$98,388

Down $53,677 (-35%) from 2021

Revenue

Up

$3,425,660

Up $630,641 (+23%) from 2021

Expenses

Up

$2,029,188

Up $873,747 (+76%) from 2021

Net Income

Down

$1,396,472

Down $243,106 (-15%) from 2021

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

2022

Assets$4,625,631
Liabilities$98,388
Net Assets$4,527,243

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

2022

Revenue$3,425,660
Expenses$2,029,188
Net Income$1,396,472
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Jan 19, 2023
Return Version
2021v4.1
Gross Receipts
$3,425,660
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$1,828,198$2,575,625▲ $747,427
Investments in Publicly Traded Securities$1,481,035$1,833,829▲ $352,794
Pledges and Grants Receivable$82,700$142,211▲ $59,511
Land, Buildings, and Equipment, Net$5,307$53,157▲ $47,850
Prepaid Expenses and Deferred Charges$13,857$13,651▼ $206
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$3,463,903$4,625,631▲ $1,161,728
Other Assets Total$52,806$7,158▼ $45,648
Liabilities
Accounts Payable and Accrued Expenses$152,065$98,388▼ $53,677
Total Liabilities$152,065$98,388▼ $53,677
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,531,590$3,734,708▲ $1,203,118
Net Assets With Donor Restrictions$780,248$792,535▲ $12,287
Total Net Assets Fund Balance$3,311,838$4,527,243▲ $1,215,405
Total Liabilities and Net Assets / Fund Balance$3,463,903$4,625,631▲ $1,161,728

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$50,490$40,353$90,843
Leasehold Improvements$1,628-$1,628
Equipment$1,039$183$1,222
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Grace PaiExecutive DirectorFT$71,442$71,442

Board Members and Trustees

NameTitle
Khai YangChair
Jean KimVice-Chair
Aisha Ghori OzakiDirector
Karthik RajaDirector
Kavisha DaruDirector
Mark Anthony FloridoDirector
Michael P ChuDirector
Milynn MapaloDirector
Sheehan BandDirector
Cathy NiengSecretary
Youngmee KoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,123,456
Program Service Revenue
$201,333
Investment Income
$33,233
Other Revenue
$67,638
All Other Contributions
$3,123,456
Change in Net Assets
$1,396,472

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,425,660
Revenue Not Reported on Form 990
$-181,067
Total Revenue per Audited Statements
$3,244,593
Total Revenue per Form 990
$3,425,660
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,187,752
Salaries, Compensation, and Employee Benefits$841,436
Total Fundraising Expense$210,527
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$460,068$50,364$128,551$638,983
Occupancy$82,745-$15,761$98,506
Other Employee Benefits$53,974$6,747$14,243$74,964
All Other Expenses$55,646$5,497$12,407$73,550
Current Officers, Directors, Trustees, and Key Employees$51,438$13,574$6,430$71,442
Other Expenses$57,388$6,950$499$57,887
Payroll Taxes$40,354$5,044$10,649$56,047
Depreciation Depletion-$12,243-$12,243
Travel$10,194$102$945$11,241
Office Expenses$9,033-$1,109$10,142
Conferences and Meetings-$9,681$210$9,891
Insurance$2,577-$430$3,007
Total Functional Expenses$1,700,872$117,789$210,527$2,029,188

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,029,188
Total Expenses per Audited Statements$2,029,188
Total Expenses per Form 990$2,029,188
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
2023-01-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Khai Yang
Formed
1992
Legal Domicile
Il
Voting Board Members
11
Independent Board Members
11
Employees
14
Volunteers
52

Preparer

Firm
BG Advisors CPA LTD
Address
1250 E Diehl Rd Ste 406, Naperville, IL 60563
Preparer
Sachin Gandhi
Phone
6305051081
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 leadingorganizations advocating for the civil and human rights of Asian Americans and otherunderserved communities to promote a fair and equitable society for all. The affiliation's members are: Advancing Justice - Asian American Justice Center (Washington, D.C.), Advancing Justice - Southern California, 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/ProgSrvcAccomActy2Grp/Desc0Advancing Justice Affiliation:Asian Americans Advancing Justice is a national affiliation of five leadingorganizations advocating for the civil and human rights of Asian Americans and otherunderserved communities to promote a fair and equitable society for all. The affiliation's members are: Advancing Justice - Asian American Justice Center (Washington, D.C.), Advancing Justice - Southern California, 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.
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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 conductseasonal Get Out The Vote campaigns with the Pan-Asian Voter Empowerment (PAVE) Coalition to register, educate, and engage the Asian American and immigrantcommunities 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 precinctsevery 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 actionbeyond election season.Every year, we organize a legislative advocacy day in Springfield with our partnersin the PAVE Coalition. Over 300 Asian American community members participate annually to rally and meet with elected officials at the state capitol on issuesthat 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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