Civic Intelligence

Asian Pacific Self-Development and Residencial Association

990 • Fiscal year 2022 • EIN 68-0224100

Jan 01, 2022 to Dec 31, 2022 • Filed on Jun 21, 2023

3830 N Alvarado Ave CStockton, CA 95204

(209) 944-1700

Siviq Scores

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

Liabilities / Assets

91st percentile

0.76x

Higher debt load relative to assets than 91% of similar nonprofits.

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

Liabilities / Revenue

81st percentile

0.55x

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

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

Net Margin

30th percentile

-2.4%

Higher net margin than 30% of similar nonprofits.

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

Top Officer Pay

46th percentile

$44,900

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 2.8% of source-year revenue.

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

Asset Growth

43rd percentile

-1.0%

Faster asset growth than 43% of similar nonprofits.

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

Revenue Growth

57th percentile

11%

Faster revenue growth than 57% of similar nonprofits.

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

Assets

Down

$1,175,963

Down $11,797 (-1.0%) from 2021

Net Assets

Down

$278,347

Down $889,103 (-76%) from 2021

Liabilities

Up

$897,616

Up $877,306 (+4320%) from 2021

Revenue

Up

$1,628,364

Up $156,426 (+11%) from 2021

Expenses

Up

$1,668,104

Up $902,283 (+118%) from 2021

Net Income

Down

-$39,740

Down $745,857 (-106%) from 2021

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $108,428Liabilities 2011: $7,383Net Assets 2011: $101,0452011Assets 2012: $142,720Liabilities 2012: $5,551Net Assets 2012: $137,1692012Assets 2013: $108,204Liabilities 2013: $4,782Net Assets 2013: $103,4222013Assets 2014: $89,954Liabilities 2014: $5,857Net Assets 2014: $84,0972014Assets 2015: $103,797Liabilities 2015: $10,444Net Assets 2015: $93,3532015Assets 2016: $118,302Liabilities 2016: $12,570Net Assets 2016: $105,7322016Assets 2017: $98,213Liabilities 2017: $12,571Net Assets 2017: $85,6422017Assets 2018: $159,913Liabilities 2018: $9,858Net Assets 2018: $150,0552018Assets 2019: $213,233Liabilities 2019: $20,302Net Assets 2019: $192,9312019Assets 2020: $480,639Liabilities 2020: $20,673Net Assets 2020: $459,9662020Assets 2021: $1,187,760Liabilities 2021: $20,310Net Assets 2021: $1,167,4502021Assets 2022: $1,175,963Liabilities 2022: $897,616Net Assets 2022: $278,3472022Assets 2023: $749,292Liabilities 2023: $441,265Net Assets 2023: $308,0272023Assets 2024: $551,433Liabilities 2024: $205,519Net Assets 2024: $345,9142024

Highlighted filing

2022

Assets$1,175,963
Liabilities$897,616
Net Assets$278,347

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2011: $390,5232011Revenue 2012: $382,386Expenses 2012: $346,262Net Income 2012: $36,1242012Revenue 2013: $332,442Expenses 2013: $366,189Net Income 2013: -$33,7472013Revenue 2014: $383,149Expenses 2014: $402,474Net Income 2014: -$19,3252014Revenue 2015: $441,156Expenses 2015: $431,544Net Income 2015: $9,6122015Revenue 2016: $440,913Expenses 2016: $428,535Net Income 2016: $12,3782016Revenue 2017: $428,972Expenses 2017: $449,062Net Income 2017: -$20,0902017Revenue 2018: $466,618Expenses 2018: $402,205Net Income 2018: $64,4132018Revenue 2019: $461,185Expenses 2019: $425,066Net Income 2019: $36,1192019Revenue 2020: $941,102Expenses 2020: $677,208Net Income 2020: $263,8942020Revenue 2021: $1,471,938Expenses 2021: $765,821Net Income 2021: $706,1172021Revenue 2022: $1,628,364Expenses 2022: $1,668,104Net Income 2022: -$39,7402022Revenue 2023: $1,431,545Expenses 2023: $1,401,865Net Income 2023: $29,6802023Revenue 2024: $1,113,992Expenses 2024: $1,076,105Net Income 2024: $37,8872024

Highlighted filing

2022

Revenue$1,628,364
Expenses$1,668,104
Net Income-$39,740
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jun 21, 2023
Return Version
2022v5.0
Gross Receipts
$1,628,364
Mission and Program Overview

Mission

APSARA is an educational, problem-solving organization that provides leadership for Park Village residents by collaborating with the larger community to provide a safe, positive environment that promotes economic development and small business.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,126,680$1,089,884▼ $36,796
Accounts Receivable$25,289$70,256▲ $44,967
Savings and Temporary Cash Investments$27,488$13,482▼ $14,006
Prepaid Expenses and Deferred Charges$3,795$0▼ $3,795
Land, Buildings, and Equipment, Net$4,508$2,341▼ $2,167
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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,187,760$1,175,963▼ $11,797
Other Assets Total-$0-
Liabilities
Deferred Revenue-$871,697-
Accounts Payable and Accrued Expenses$20,310$25,919▲ $5,609
Total Liabilities$20,310$897,616▲ $877,306
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,141,388$278,347▼ $863,041
Net Assets With Donor Restrictions$26,062--
Total Net Assets Fund Balance$1,167,450$278,347▼ $889,103
Total Liabilities and Net Assets / Fund Balance$1,187,760$1,175,963▼ $11,797

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,341$51,591-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sovanna KoeurtExecutive DirecPT$44,900$44,900

Board Members and Trustees

NameTitle
Nheth HakPresident
Linda StrowbridgeVice President
Sophanary SokVice President
Chhin KinDirector
Lay Kim LyDirector
Porfirio ZamoraDirector
Prach KavethDirector
Saman ThlangDirector
Samet TithDirector
Sophan PhanDirector
Chantan YAssist Secretar
Samnang PrakSecretary
Nem LoeiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$26,892
Program Service Revenue
$1,564,972
Investment Income
$0
Other Revenue
$36,500
All Other Contributions
$26,892
Change in Net Assets
$-39,740
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,018,484
Other Expenses$649,620
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$852,476$10,718-$863,194
Other Employee Benefits$79,857$-2,664-$77,193
Payroll Taxes$75,397$350-$75,747
Other Expenses$40,090$485-$40,090
All Other Expenses$28,616$538-$29,154
Insurance$13,824$3,792-$17,616
Fees for Services Other$9,531$684-$10,215
Information Technology$8,199--$8,199
Office Expenses$6,771$119-$6,890
Travel$5,618$766-$6,384
Fees for Services Accounting$6,051--$6,051
Current Officers, Directors, Trustees, and Key Employees-$2,350-$2,350
Total Functional Expenses$1,264,952$403,152$0$1,668,104
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
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
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

Copy of 990 reviewed by management and the board of directors.

Form 990, Part VI, Section B, Line 12C

Conflicts of interest are monitored by management and regularly reported to the board of directors, if any.

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

Review and approved by the board of directors.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Asian Pacific Self-development
EIN
68-0224100
Phone
2099441700
Address
3830 N ALVARADO AVE C, STOCKTON, CA 95204

Signing Officer

Name
Sovanna Koeurt
Title
Executive Direc
Signed
2023-06-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sovanna Koeurt
Formed
1989
Legal Domicile
CA
Voting Board Members
14
Independent Board Members
0
Employees
25

Preparer

Firm
Blomberg Griffin Ac
Address
1013 N CALIFORNIA ST, STOCKTON, CA 95202
Preparer
John E Blomberg
Phone
2094663894
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IRS990/MissionDesc0APSARA is an educational, problem-solving organization that provides leadership for Park Village residents by collaborating with the larger community to provide a safe, positive environment that promotes economic development and small business.
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IRS990/OfficeExpensesGrp/TotalAmt06890
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IRS990/OperateHospitalInd0false
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IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt079857
IRS990/OtherEmployeeBenefitsGrp/TotalAmt077193
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IRS990/OtherExpensesGrp/Desc1ALL OTHER EXPENSES
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IRS990/OtherExpensesGrp/Desc3PROGRAM SUPPLIES
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IRS990/OtherExpensesGrp/TotalAmt268630
IRS990/OtherExpensesGrp/TotalAmt340090
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt036500
IRS990/OtherRevenueTotalAmt036500
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IRS990/OtherSalariesAndWagesGrp/TotalAmt0863194
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IRS990/PYRevenuesLessExpensesAmt0706117
IRS990/PYSalariesCompEmpBnftPaidAmt0554651
IRS990/PYTotalExpensesAmt0765821
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IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
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IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-39740
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt020514
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IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01564972
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01459337
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt044614
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt020514
IRS990ScheduleA/Total509Grp/TotalAmt03104859
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01564972
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01459337
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt044614
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt015422
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt020514
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03104859
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt02341
IRS990ScheduleD/EquipmentGrp/DepreciationAmt051591
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt053932
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02341
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COPY OF 990 REVIEWED BY MANAGEMENT AND THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONFLICTS OF INTEREST ARE MONITORED BY MANAGEMENT AND REGULARLY REPORTED TO THE BOARD OF DIRECTORS, IF ANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REVIEW AND APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.55$0.21$0.35$1.11$1.08$0.04
2023Detailed filing. Detailed filing data is available for this year.$0.75$0.44$0.31$1.43$1.40$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.18$0.90$0.28$1.63$1.67$0.04
2021Detailed filing. Detailed filing data is available for this year.$1.19$0.02$1.17$1.47$0.77$0.71
2020Detailed filing. Detailed filing data is available for this year.$0.48$0.02$0.46$0.94$0.68$0.26
2019Detailed filing. Detailed filing data is available for this year.$0.21$0.02$0.19$0.46$0.43$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.16$0.01$0.15$0.47$0.40$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.10$0.01$0.09$0.43$0.45$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.12$0.01$0.11$0.44$0.43$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.10$0.01$0.09$0.44$0.43$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.09$0.01$0.08$0.38$0.40$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.10$0.33$0.37$0.03
2012Summary only. Only limited summary data is available for this year.$0.14$0.01$0.14$0.38$0.35$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.01$0.10$0.39