Civic Intelligence

Asian Community Development Council

990 • Fiscal year 2017 • EIN 47-2438087

Jan 01, 2017 to Dec 31, 2017 • Filed on Jul 16, 2018

1027 South Rainbow Blvd Room 253Las Vegas, NV 89145

(702) 489-8866

Siviq Scores

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

Liabilities / Assets

89th percentile

0.45x

Higher debt load relative to assets than 89% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

86th percentile

0.17x

Higher debt load relative to revenue than 86% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

56th percentile

5.9%

Higher net margin than 56% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

93rd percentile

$53,000

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 12.4% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

85th percentile

56%

Faster asset growth than 85% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

75th percentile

24%

Faster revenue growth than 75% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$157,658

Up $56,576 (+56%) from 2016

Net Assets

Up

$86,690

Up $30,903 (+55%) from 2016

Liabilities

Up

$70,968

Up $25,673 (+57%) from 2016

Revenue

Up

$427,883

Up $81,952 (+24%) from 2016

Expenses

Up

$402,638

Up $96,271 (+31%) from 2016

Net Income

Down

$25,245

Down $14,319 (-36%) from 2016

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2016: $101,082Liabilities 2016: $45,295Net Assets 2016: $55,7872016Assets 2017: $157,658Liabilities 2017: $70,968Net Assets 2017: $86,6902017Assets 2018: $461,881Liabilities 2018: $340,775Net Assets 2018: $121,1062018Assets 2019: $654,626Liabilities 2019: $419,254Net Assets 2019: $235,3722019Assets 2020: $1,921,287Liabilities 2020: $1,179,795Net Assets 2020: $741,4922020Assets 2021: $2,452,489Liabilities 2021: $1,677,386Net Assets 2021: $775,1032021Assets 2022: $3,596,850Liabilities 2022: $2,546,590Net Assets 2022: $1,050,2602022Assets 2023: $3,424,603Liabilities 2023: $2,293,584Net Assets 2023: $1,131,0192023Assets 2024: $3,109,329Liabilities 2024: $1,721,292Net Assets 2024: $1,388,0372024

Highlighted filing

2017

Assets$157,658
Liabilities$70,968
Net Assets$86,690

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0Revenue 2016: $345,931Expenses 2016: $306,367Net Income 2016: $39,5642016Revenue 2017: $427,883Expenses 2017: $402,638Net Income 2017: $25,2452017Revenue 2018: $1,329,998Expenses 2018: $1,299,579Net Income 2018: $30,4192018Revenue 2019: $1,631,006Expenses 2019: $1,495,953Net Income 2019: $135,0532019Revenue 2020: $3,117,806Expenses 2020: $2,611,686Net Income 2020: $506,1202020Revenue 2021: $2,725,833Expenses 2021: $2,691,883Net Income 2021: $33,9502021Revenue 2022: $5,801,719Expenses 2022: $5,526,560Net Income 2022: $275,1592022Revenue 2023: $4,137,090Expenses 2023: $4,055,414Net Income 2023: $81,6762023Revenue 2024: $6,303,790Expenses 2024: $6,046,773Net Income 2024: $257,0172024

Highlighted filing

2017

Revenue$427,883
Expenses$402,638
Net Income$25,245
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jul 16, 2018
Return Version
2017v2.3
Gross Receipts
$431,083
Mission and Program Overview

Mission

To improve the general well-being and education of the asian pacific islander and other ethnic communities; and promote, foster, champion and advocate for asian american and pacific islanders in the greater nevada community.

To improve the general well-being and education of the Asian Pacific Islander and other ethnic communities and promote, foster, champion and advocate for Asian American and Pacific Islanders in Nevada.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$90,461$132,809▲ $42,348
Pledges and Grants Receivable-$11,668-
Prepaid Expenses and Deferred Charges$4,620$6,479▲ $1,859
Land, Buildings, and Equipment, Net$3,112$2,373▼ $739
Loans From Officers Directors$1,979$2,216▲ $237
Total Assets$101,082$157,658▲ $56,576
Other Assets Total$2,889$4,329▲ $1,440
Liabilities
Deferred Revenue$36,833$56,250▲ $19,417
Accounts Payable and Accrued Expenses$6,483$12,502▲ $6,019
Total Liabilities$45,295$70,968▲ $25,673
Net Assets / Fund Balance
Unrestricted Net Assets$55,787$80,760▲ $24,973
Temporarily Rstr Net Assets-$5,930-
Total Net Assets Fund Balance$55,787$86,690▲ $30,903
Total Liabilities and Net Assets / Fund Balance$101,082$157,658▲ $56,576

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,373$1,021$3,394
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Vida C LinFounderFT$53,000$53,000
Ngoc Duy V NguyenVP COOFT$45,000$45,000
Marc R MatsuoDirector of PartnershipsFT$40,000$40,000
Revenue and Support

Revenue Composition

Contributions and Grants
$418,068
Program Service Revenue
$9,815
Investment Income
$0
Other Revenue
$0
All Other Contributions
$413,931
Change in Net Assets
$25,245

Audited Revenue Reconciliation

Revenue per Audited Statements
$427,883
Revenue Not Reported on Form 990
$47,266
Total Revenue per Audited Statements
$475,149
Total Revenue per Form 990
$427,883
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$189,978
Other Expenses$155,468
Total Fundraising Expense$81,596
Grants and Similar Amounts Paid$57,192
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$45,162$22,086$22,752$90,000
Other Salaries and Wages$36,709$17,952$18,493$73,154
Grants to Domestic Orgs$56,692--$56,692
Occupancy$23,300$11,395$11,738$46,433
Fees for Services Other$10,660$13,233$3,919$27,812
Office Expenses$9,835$4,809$4,956$19,600
Payroll Taxes$8,197$4,009$4,129$16,335
Fees for Services Accounting$6,169$7,658$2,267$16,094
Travel$7,799$3,812$3,929$15,540
Other Employee Benefits$5,263$2,574$2,652$10,489
Other Expenses$3,831$1,874$1,931$7,636
Advertising$4,145$1,113$1,146$6,404
Insurance$2,026$991$1,021$4,038
Fees for Services Legal$1,000$375-$1,375
Grants to Domestic Individuals$500--$500
Depreciation Depletion$235$115$118$468
Total Functional Expenses$226,575$94,467$81,596$402,638

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$450,176
Expenses per Audited Statements$402,638
Total Expenses per Form 990$402,638
Expenses Not Reported on Form 990$47,538
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Asian Pacific American Labor AllianceWashington, DC501c5-$10,000
RapacdLas Vegas, NV501c3-$10,000
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
Loans from Officers, Directors, Trustees, and Key Employees$1,979$2,216▲ $237
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
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 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
Filing and Contact Details

Filer

Filer Name
Asian Community Development Council
EIN
47-2438087
Phone
7024898866
Address
1027 South Rainbow Blvd Room 253, Las Vegas, NV 89145

Signing Officer

Name
Vida C Lin
Title
President
Signed
2018-07-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Vida C Lin
Formed
2014
Legal Domicile
Nv
Voting Board Members
24
Independent Board Members
23
Employees
8
Volunteers
16

Preparer

Firm
CPA Partners LLC
Address
6040 S Durango Drive Suite 110, Las Vegas, NV 89113
Preparer
Helen K Moy
Phone
7022548963
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

The Other non-employee fees for services consist of 6,947 paid for bookkeeping and the remaing for the voter registration volunteers.

Form 990, Part XI, Line 9

Other changes in net assets of 5,658 consists of the book and tax depreciation timing difference of 272 and the temporarily restricted net assets of 5,930.

Financial Statement Notes

XI 2D

Rental income from sub-lease.

XII 2D

The book depreciation of 740 is in accordance of generally accepted accounting principles, while the tax depreciation is 468, resulting in a 272 difference. Further, 3,200 rental expense was reclassified as rental expense directly reducing the gross rents in the Statement of Revenue. Finally, 44,066 donated services included in the audited financial statements are excluded for tax reporting purposes.

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IRS990/ProgSrvcAccomActy3Grp/Desc0Senior Programs - The programs include senior referrals, educational programs, tax preparation assistance program, and driver safety course. It reminded and informed people for the health insurance enrollment for the period from November 1 through December 15. On November 19, 2017, it held the 2nd Annual Health Wellness Fair with APIA Healthcare providers offering free screenings and healthcare enrollment. On March 11, 2017, the first Health and Resource Fair was launched. The goal was to provide the Asian American and Pacific Islander free health service and education of health program available in Nevada. The organization also partnered with AARPs Foundation Tax Aid Program to provide a valuable service to the community for the tax season. The staff went through a week long certification program involving hours of learning the new software for tax return preparation and the tax codes for some of the younger staff members.
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IRS990/PYGrantsAndSimilarPaidAmt064631
IRS990/PYInvestmentIncomeAmt01
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0177732
IRS990/PYRevenuesLessExpensesAmt039564
IRS990/PYSalariesCompEmpBnftPaidAmt064004
IRS990/PYTotalExpensesAmt0306367
IRS990/PYTotalRevenueAmt0345931
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt025245
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0297520
IRS990/RoyaltiesGrp/TotalAmt00
IRS990ScheduleA/FactsAndCircumstancesTestTxt0Part II Section B Line 10 Special events, net of expenses of 6,150 and 9,815 for program income.
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0413931
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0345930
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt051640
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0811501
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt03200
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01601
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt04802
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt013952
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01804
IRS990ScheduleA/OtherIncome170Grp/TotalAmt015756
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt0811501
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0413931
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0345930
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt051640
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0811501
IRS990ScheduleA/TotalSupportAmt0832059
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt044066
IRS990ScheduleD/ExpensesNotReportedAmt047538
IRS990ScheduleD/ExpensesSubtotalAmt0402638
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherExpensesIncludedAmt047538
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02373
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01021
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03394
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherRevenueAmt03200
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueNotReportedAmt047266
IRS990ScheduleD/RevenueSubtotalAmt0427883
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Rental income from sub-lease.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1The book depreciation of 740 is in accordance of generally accepted accounting principles, while the tax depreciation is 468, resulting in a 272 difference. Further, 3,200 rental expense was reclassified as rental expense directly reducing the gross rents in the Statement of Revenue. Finally, 44,066 donated services included in the audited financial statements are excluded for tax reporting purposes.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0XI 2d
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1XII 2d
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02373
IRS990ScheduleD/TotalExpensesPerForm990Amt0402638
IRS990ScheduleD/TotalRevenuePerForm990Amt0427883
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0475149
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0450176
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt010000
IRS990ScheduleI/RecipientTable/CashGrantAmt110000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501c5
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501c3
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Asian Pacific American Labor Alliance
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1RAPACD
IRS990ScheduleI/RecipientTable/RecipientEIN0521777961
IRS990ScheduleI/RecipientTable/RecipientEIN1352438991
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0815 6th St NW
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt18550 W Desert Inn Road 102-305
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Washington
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Las Vegas
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0DC
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1NV
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd020006
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd189117
IRS990ScheduleI/TotalOtherOrgCnt02
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt02216
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0To advance for the operation
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt04264
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Vida C Lin
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Rounder/President
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt02216
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Other non-employee fees for services consist of 6,947 paid for bookkeeping and the remaing for the voter registration volunteers.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Other changes in net assets of 5,658 consists of the book and tax depreciation timing difference of 272 and the temporarily restricted net assets of 5,930.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part IX, Line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part XI, Line 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NV
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt05930
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0101082
IRS990/TotalAssetsEOYAmt0157658
IRS990/TotalAssetsGrp/BOYAmt0101082
IRS990/TotalAssetsGrp/EOYAmt0157658
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0418068
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt081596
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt094467
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0226575
IRS990/TotalFunctionalExpensesGrp/TotalAmt0402638
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt045295
IRS990/TotalLiabilitiesEOYAmt070968
IRS990/TotalLiabilitiesGrp/BOYAmt045295
IRS990/TotalLiabilitiesGrp/EOYAmt070968
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt055787
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt086690
IRS990/TotalProgramServiceExpensesAmt0226575
IRS990/TotalProgramServiceRevenueAmt09815
IRS990/TotalReportableCompFromOrgAmt0138000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt09815
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0427883
IRS990/TotalVolunteersCnt016
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0101082
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0157658
IRS990/TravelGrp/FundraisingAmt03929
IRS990/TravelGrp/ManagementAndGeneralAmt03812
IRS990/TravelGrp/ProgramServicesAmt07799
IRS990/TravelGrp/TotalAmt015540
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt055787
IRS990/UnrestrictedNetAssetsGrp/EOYAmt080760

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