Civic Intelligence

Asian Community Development Council

990 • Fiscal year 2023 • EIN 47-2438087

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 22, 2024

1027 S Rainbow BlvdLas Vegas, NV 89145

(702) 489-8866

Siviq Scores

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

Liabilities / Assets

88th percentile

0.67x

Higher debt load relative to assets than 88% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

81st percentile

0.55x

Higher debt load relative to revenue than 81% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

45th percentile

2.0%

Higher net margin than 45% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

75th percentile

$120,000

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

21st percentile

-4.8%

Faster asset growth than 21% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

13th percentile

-29%

Faster revenue growth than 13% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Flat

$3,424,603

Flat from 2023

Net Assets

Flat

$1,131,019

Flat from 2023

Liabilities

Flat

$2,293,584

Flat from 2023

Revenue

Flat

$4,137,090

Flat from 2023

Expenses

Flat

$4,055,414

Flat from 2023

Net Income

Flat

$81,676

Flat from 2023

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 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

2023

Assets$3,424,603
Liabilities$2,293,584
Net Assets$1,131,019

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 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

2023

Revenue$4,137,090
Expenses$4,055,414
Net Income$81,676
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 22, 2024
Return Version
2023v5.1
Gross Receipts
$4,200,096
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,961,254$1,638,851▼ $322,403
Land, Buildings, and Equipment, Net$627,773$598,444▼ $29,329
Pledges and Grants Receivable$420,068$505,566▲ $85,498
Inventories for Sale or Use$182,870$154,274▼ $28,596
Prepaid Expenses and Deferred Charges$52,921$114,711▲ $61,790
Total Assets$3,596,850$3,424,603▼ $172,247
Other Assets Total$351,964$412,757▲ $60,793
Liabilities
Deferred Revenue$1,342,591$1,346,728▲ $4,137
Mortgage Notes Payable Secured by Investment Property$717,018$804,542▲ $87,524
Accounts Payable and Accrued Expenses$486,981$142,314▼ $344,667
Total Liabilities$2,546,590$2,293,584▼ $253,006
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,050,260$1,131,019▲ $80,759
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$1,050,260$1,131,019▲ $80,759
Total Liabilities and Net Assets / Fund Balance$3,596,850$3,424,603▼ $172,247

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$584,221$77,913$662,134
Equipment$3,936$41,831$45,767
Leasehold Improvements$10,287$4,498$14,785
Land$0--
Other Assets Org$10,952--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Vida Lin--$120,000$8,308$128,308
Vida Chan LinPresident & FounderFT$120,000-$120,000
Ngoc Duy NguyenCOOFT$110,500-$110,500

Board Members and Trustees

NameTitle
Carolene LayuganBoard Chair Until 2024
Ivette BarajasDirector
Janice TongDirector
Joan LungDirector
Lisa SheltonDirector
Peter LungDirector
Stewart ChangDirector
Carolene Layugan-
Jude Nazareth-
Jude NazarethSecretary Until 2024
Jocelyn KingTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Keeton CPAAccounting & Tax181 N ARROYO GRANDE BLVD STE140, Henderson, NV 89074$103,500
Revenue and Support

Revenue Composition

Contributions and Grants
$3,838,617
Program Service Revenue
$245,529
Investment Income
$9,722
Other Revenue
$43,222
All Other Contributions
$3,838,617
Change in Net Assets
$81,676

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Clothing and Household Goods-$134,956Fair Market Value (FMV)
Other Non Cash Contri Table12$2,400Fair Market Value (FMV)
Total Noncash Contributions12$137,356-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,116,324
Salaries, Compensation, and Employee Benefits$1,401,101
Grants and Similar Amounts Paid$537,989
Total Fundraising Expense$179,120
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$744,227$120,509$86,011$950,747
Grants to Domestic Orgs$537,989--$537,989
Occupancy$283,208$38,201$22,337$343,746
Current Officers, Directors, Trustees, and Key Employees$192,446$26,400$11,654$230,500
Travel$123,992$18,599$12,399$154,990
Fees for Services Accounting$0$121,500$0$121,500
Payroll Taxes$86,717$13,008$8,672$108,397
Other Employee Benefits$72,279$10,842$7,228$90,349
Fees for Services Other$64,296$2,175$338$66,809
Advertising$41,414$6,212$4,141$51,767
Office Expenses$26,510$3,977$2,651$33,138
Depreciation Depletion$26,306$3,946$2,631$32,883
Other Expenses$22,658$3,236$2,157$28,051
Insurance$20,776$4,163$2,078$27,017
Fees for Services Legal$26,200$480$320$27,000
Pension Plan Contributions$16,886$2,533$1,689$21,108
Conferences and Meetings$13,116$1,967$1,312$16,395
Interest$9,952$1,493$995$12,440
Information Technology$3,181$477$318$3,976
Total Functional Expenses$3,490,631$385,663$179,120$4,055,414
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Healthy Asians & Pacific Islanders Medical CenterLas Vegas, NV-General operating support.$537,989
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$106,228
Fundraising Direct Expenses$63,006
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Inspir Asian$123,651$106,228-$106,228
None----
Total Events$123,651$106,228$61,067$45,161
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
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 S RAINBOW BLVD, LAS VEGAS, NV 89145

Signing Officer

Name
Vida C Lin
Title
Founder/CEO
Phone
7024898866
Signed
2024-10-22
Discuss with paid preparer
Yes

Organization Details

Formed
2014
Legal Domicile
Nv
Voting Board Members
10
Independent Board Members
9
Employees
33
Volunteers
450

Preparer

Firm
Lynda R Keeton CPA LLC
Address
181 N Arroyo Grande Blvd Suite 140B, Henderson, NV 89074
Preparer
Lynda R Keeton-Cardno
Phone
7029140253
Supplemental Narrative

Additional Explanations

Other

Item 4a strategic initiatives, civic & community engagement: our program included non-partisan voter engagement and census education effort. We also held our 9th annual college readiness bootcamp to educate students and parents on how to prepare for higher education that benefited 350 students and parents. Acdcs asian night market returned on october 14, 2023 with over 6,000 individuals in attendance, supporting local asian and pacific islander restaurants and merchandise vendors, as well as cultural performances and carnival booths supporting student organizations.

Other

Item 4b family services: health navigator program: in partnership with the silver state health insurance exchange, the health navigator program enrolled a total of 1005 and assisted 604 consumers regarding medicaid/medicare services and eligibility for 2023. Since the health navigator program began in july 2018, we have enrolled a total of 3,546 in affordable qualified health coverage (qhp) and assisted 1,572 clients that would be eligible for medicaid/medicare. Vaccination & immunization program: in 2023, we held a total of 42 covid-19 and flu vaccine clinics at various on-site and off-site locations such as our acdc office, hapi medical center, churches & temples, senior residential facilities, asian supermarket and community center. We helped administer 310 covid-19 shots and 458 flu shots. Citizenship program: our free citizenship assistance program includes: n-400 completion, legal reviews and fee waiver eligibility. We connect clients with legal professionals to answer any questions they have. Acdc also hosted multiple citizenship workshops throughout the year. We had an immigration attorney and translators on-site to translate tagalog, vietnamese, mandarin, khmer, and spanish. In 2023, we helped 169 eligible legal permanent residents become us citizens .

Other

Item 4c emergency services: item 4c emergency services: food assistance program - in 2023, a total of 5457 aanhpi individuals in need received culturally-sensitive food consisting of produce, meat, dry goods and rice. In february and november, we held our bi-annual holiday pop-up food distribution, where we served over 1,800 households in two days .

Pt VI, Line 11B

Prior to the filing of this form 990 the entire board is provided a copy and votes to approve the filing with the irs.

Pt VI, Line 2

Joan lung and peter lung, both directors on our board, are married.

Financial Statement Notes

Pt XII, Line 2D

MISC ROUNDING.

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