Civic Intelligence

Asian American Chamber of Commerce

EIN 74-2875828 • 501(c)6 • Overland Park, KS

Profile

To enhance the economic opportunities for Asian American businesses through education, networking, and advocacy while promoting community engagement and visibility.

8645 College Blvd Suite 110Overland Park, KS 66210

asianchamberkc.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

46th percentile

0.03x

Higher debt load relative to assets than 46% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

52nd percentile

0.05x

Higher debt load relative to revenue than 52% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Net Margin

13th percentile

-13%

Higher net margin than 13% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Asset Growth

28th percentile

-4.4%

Faster asset growth than 28% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

42nd percentile

1.9%

Faster revenue growth than 42% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets46th percentile

Assets

Down

$542,698

Down $24,915 (-4.4%) from 2023

Liabilities

Up

$16,445

Up $16,232 (+7621%) from 2023

Net Assets

Down

$526,253

Down $41,147 (-7.3%) from 2023

Operations
Liabilities / Revenue52nd percentileNet Margin13th percentile

Revenue

Up

$311,103

Up $5,921 (+1.9%) from 2023

Expenses

Up

$352,250

Up $87,002 (+33%) from 2023

Net Income

Down

-$41,147

Down $81,081 (-203%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth28th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2010: $113,945Liabilities 2010: $10,553Net Assets 2010: $103,3922010Assets 2011: $140,125Liabilities 2011: $5,887Net Assets 2011: $134,2382011Assets 2012: $180,074Liabilities 2012: $7,382Net Assets 2012: $172,6922012Assets 2013: $217,287Liabilities 2013: $10,868Net Assets 2013: $206,4192013Assets 2014: $231,163Liabilities 2014: $7,721Net Assets 2014: $223,4422014Assets 2015: $245,538Liabilities 2015: $2,652Net Assets 2015: $242,8862015Assets 2016: $291,690Liabilities 2016: $3,138Net Assets 2016: $288,5522016Assets 2017: $311,489Liabilities 2017: $2,877Net Assets 2017: $308,6122017Assets 2018: $344,603Liabilities 2018: $0Net Assets 2018: $344,6032018Assets 2019: $396,684Liabilities 2019: $0Net Assets 2019: $396,6842019Assets 2020: $460,125Liabilities 2020: $2,911Net Assets 2020: $457,2142020Assets 2021: $514,936Liabilities 2021: $3,145Net Assets 2021: $511,7912021Assets 2022: $531,124Liabilities 2022: $3,658Net Assets 2022: $527,4662022Assets 2023: $567,613Liabilities 2023: $213Net Assets 2023: $567,4002023Assets 2024: $542,698Liabilities 2024: $16,445Net Assets 2024: $526,2532024

Highlighted filing

2024

Assets$542,698
Liabilities$16,445
Net Assets$526,253
Open 2024 Filing

Operations Trend

Revenue Growth42nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2010: $101,747Expenses 2010: $77,458Net Income 2010: $24,2892010Revenue 2011: $126,206Expenses 2011: $92,487Net Income 2011: $33,7192011Revenue 2012: $139,199Expenses 2012: $100,745Net Income 2012: $38,4542012Revenue 2013: $201,039Expenses 2013: $167,313Net Income 2013: $33,7262013Revenue 2014: $193,420Expenses 2014: $176,397Net Income 2014: $17,0232014Revenue 2015: $216,218Expenses 2015: $196,774Net Income 2015: $19,4442015Revenue 2016: $263,044Expenses 2016: $217,378Net Income 2016: $45,6662016Revenue 2017: $251,261Expenses 2017: $220,251Net Income 2017: $31,0102017Revenue 2018: $266,875Expenses 2018: $233,122Net Income 2018: $33,7532018Revenue 2019: $291,549Expenses 2019: $239,471Net Income 2019: $52,0782019Revenue 2020: $206,660Expenses 2020: $146,130Net Income 2020: $60,5302020Revenue 2021: $255,557Expenses 2021: $200,980Net Income 2021: $54,5772021Revenue 2022: $296,165Expenses 2022: $280,290Net Income 2022: $15,8752022Revenue 2023: $305,182Expenses 2023: $265,248Net Income 2023: $39,9342023Revenue 2024: $311,103Expenses 2024: $352,250Net Income 2024: -$41,1472024

Highlighted filing

2024

Revenue$311,103
Expenses$352,250
Net Income-$41,147
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$542,698
Liabilities
$16,445
Net assets
$526,253
Revenue
$311,103
Expenses
$352,250
Net income
-$41,147
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.43$0.16$5.26$3.11$3.52$0.41
2023Detailed filing. Detailed filing data is available for this year.$5.68$0.00$5.67$3.05$2.65$0.40
2022Detailed filing. Detailed filing data is available for this year.$5.31$0.04$5.27$2.96$2.80$0.16
2021Detailed filing. Detailed filing data is available for this year.$5.15$0.03$5.12$2.56$2.01$0.55
2020Detailed filing. Detailed filing data is available for this year.$4.60$0.03$4.57$2.07$1.46$0.61
2019Detailed filing. Detailed filing data is available for this year.$3.97$0.00$3.97$2.92$2.39$0.52
2018Detailed filing. Detailed filing data is available for this year.$3.45$0.00$3.45$2.67$2.33$0.34
2017Detailed filing. Detailed filing data is available for this year.$3.11$0.03$3.09$2.51$2.20$0.31
2016Detailed filing. Detailed filing data is available for this year.$2.92$0.03$2.89$2.63$2.17$0.46
2015Detailed filing. Detailed filing data is available for this year.$2.46$0.03$2.43$2.16$1.97$0.19
2014Detailed filing. Detailed filing data is available for this year.$2.31$0.08$2.23$1.93$1.76$0.17
2013Detailed filing. Detailed filing data is available for this year.$2.17$0.11$2.06$2.01$1.67$0.34
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.80$0.07$1.73$1.39$1.01$0.38
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.40$0.06$1.34$1.26$0.92$0.34
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.14$0.11$1.03$1.02$0.77$0.24
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$311,103
Mission and Program Overview

Mission

To enhance the economic opportunities for Asian American businesses through education, networking, and advocacy while promoting community engagement and visibility.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$104,712$57,729▼ $46,983
Savings and Temporary Cash Investments$26,600$27,197▲ $597
Total Assets$567,613$542,698▼ $24,915
Other Assets Total$436,301$457,772▲ $21,471
Liabilities
Other Liabilities$213$16,445▲ $16,232
Total Liabilities$213$16,445▲ $16,232
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$567,400$526,253▼ $41,147
Total Net Assets Fund Balance$567,400$526,253▼ $41,147
Total Liabilities and Net Assets / Fund Balance$567,613$542,698▼ $24,915

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$457,772--
Compensation and Service Providers
Top Officer Pay49th percentile

Board Members and Trustees

NameTitle
John ThongPresident
Cong DoDirector
David J KimDirector
Kyle DavisDirector
Ram ShankarDirector
Roxanne M PowersDirector
Swati YelmarDirector
Vishal AdmaDirector
Fang ShenDirector-secretary
Puja KothariDirector-treasurer
Sook ParkExec Director
Revenue and Support

Revenue Composition

Contributions and Grants
$201,430
Program Service Revenue
$84,394
Investment Income
$25,279
Other Revenue
$0
All Other Contributions
$201,430
Change in Net Assets
$-41,147
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$197,492
Other Expenses$154,758
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$109,246--$109,246
All Other Expenses$53,775--$53,775
Other Salaries and Wages$51,047--$51,047
Other Employee Benefits$24,494--$24,494
Payroll Taxes$12,705--$12,705
Travel$5,729--$5,729
Insurance$1,856--$1,856
Other Expenses$1,751--$1,751
Fees for Services Other$1,233--$1,233
Total Functional Expenses$352,250$0$0$352,250
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll$16,445
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
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 governing body review Part VI line 11

“From 990 presented to all board members by email”

Officer director etc mailing address Part VI line 9

“PER STATEMENT ATTACHED”

Conflict of interest policy compliance Part VI line 12C

“The entity has a separate conflict interest policy”

CEO executive director top management comp Part VI line 15A

“Per board meetings and approval”

Other officer or key employee compensation Part VI line 15B

“Based on chamber performance, comparative market conditions”

Governing documents etc available to public Part VI line 19

“ON REQUEST FROM PUBLIC”

Filing and Contact Details

Filer

Filer Name
Asian American Chamber of Commerce
EIN
74-2875828
In Care Of
% KYOUNGSOOK PARK
Phone
9133380774
Address
8645 COLLEGE BLVD SUITE 110, Overland Park, KS 66210

Signing Officer

Name
Kyoungsook Park
Title
Executive Director
Phone
9133380774
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Formed
1998
Legal Domicile
Ks
Voting Board Members
9
Independent Board Members
9
Employees
3

Preparer

Firm
Pk Tax & Accounting Scvs LLC
Address
10100 W 87TH ST STE222, Overland Park, KS 66212
Preparer
Puja Kothari
Phone
9133857873
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

“Rounding off deposit/revenues”

List of other fees for services expenses Part IX line 11G

“Other fees paid for services provided”

List of other expenses Part IX line 24E

“Other expenses”

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IRS990/OtherLiabilitiesGrp/BOYAmt0213
IRS990/OtherLiabilitiesGrp/EOYAmt016445
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt051047
IRS990/OtherSalariesAndWagesGrp/TotalAmt051047
IRS990/PartialLiquidationInd0false
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IRS990/PayrollTaxesGrp/ProgramServicesAmt012705
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IRS990/PoliticalCampaignActyInd0false
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0561499
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IRS990/PYContributionsGrantsAmt0205086
IRS990/PYInvestmentIncomeAmt09550
IRS990/PYOtherExpensesAmt089423
IRS990/PYProgramServiceRevenueAmt090546
IRS990/PYRevenuesLessExpensesAmt039934
IRS990/PYSalariesCompEmpBnftPaidAmt0175825
IRS990/PYTotalExpensesAmt0265248
IRS990/PYTotalRevenueAmt0305182
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-41147
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IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
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IRS990/RevenueAmt0302353
IRS990/SavingsAndTempCashInvstGrp/BOYAmt026600
IRS990/SavingsAndTempCashInvstGrp/EOYAmt027197
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0285824
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0296371
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0295062
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0231120
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0205720
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01314097
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt09550
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt02604
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0173
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0940
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt038546
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt09550
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt02604
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0173
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0940
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt038546
IRS990ScheduleA/InvestmentIncomeCYPct00.03000
IRS990ScheduleA/InvestmentIncomePYPct00.01000
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IRS990ScheduleA/PublicSupportCY509Pct00.97150
IRS990ScheduleA/PublicSupportPY509Pct00.98890
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt00
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0296371
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0295062
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0231120
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0205720
IRS990ScheduleA/Total509Grp/TotalAmt01314097
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0305921
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0297666
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0231293
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0206660
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01352643
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CD
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt016445
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL
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IRS990ScheduleD/TotalLiabilityAmt016445
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FROM 990 PRESENTED TO ALL BOARD MEMBERS BY EMAIL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PER STATEMENT ATTACHED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ENTITY HAS A SEPARATE CONFLICT INTEREST POLICY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PER BOARD MEETINGS AND APPROVAL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BASED ON CHAMBER PERFORMANCE, COMPARATIVE MARKET CONDITIONS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ON REQUEST FROM PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ROUNDING OFF DEPOSIT/REVENUES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Other fees paid for services provided
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Other expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Officer director etc mailing address Part VI line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Explanation of other changes in net assets or fund balances Part XI line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7List of other fees for services expenses Part IX line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8List of other expenses Part IX line 24e
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IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
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IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/EOYAmt0542698
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0201430
IRS990/TotalEmployeeCnt03
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
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IRS990/TotalFunctionalExpensesGrp/TotalAmt0352250
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0213
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IRS990/TotalLiabilitiesGrp/EOYAmt016445
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0567400
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0526253
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0352250
IRS990/TotalProgramServiceRevenueAmt084394
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0109673
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0311103
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0567613
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0542698
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ProgramServicesAmt05729
IRS990/TravelGrp/TotalAmt05729
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0http://asianchamberkc.com
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KYOUNGSOOK PARK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09133380774
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ASIAN AMERICAN CHAMBER OF COMMERCE
ReturnHeader/Filer/BusinessNameControlTxt0ASIA

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