Civic Intelligence

API Initiative Inc

EIN 82-0998345 • 501(c)3 • Chula Vista, CA

Profile

To promote and educate arts, culture to Asian Pacific Islanders

591 Telegraph Canyon Road 259Chula Vista, CA 91910

www.apiinitiative.org

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

20th percentile

-27%

Higher net margin than 20% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

86th percentile

$15,000

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 11.6% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

32nd percentile

-20%

Faster asset growth than 32% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

30th percentile

-26%

Faster revenue growth than 30% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$137,706

Down $34,356 (-20%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$137,706

Down $34,356 (-20%) from 2023

Operations
Liabilities / Revenue62nd percentileNet Margin20th percentile

Revenue

Down

$129,083

Down $45,572 (-26%) from 2023

Expenses

Up

$163,439

Up $80,308 (+97%) from 2023

Net Income

Down

-$34,356

Down $125,880 (-138%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth32nd percentile

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

$200K$150K$100K$50K$0Assets 2020: $7,367Liabilities 2020: $0Net Assets 2020: $7,3672020Assets 2021: $46,822Liabilities 2021: $0Net Assets 2021: $46,8222021Assets 2022: $91,853Liabilities 2022: $0Net Assets 2022: $91,8532022Assets 2023: $172,062Liabilities 2023: $0Net Assets 2023: $172,0622023Assets 2024: $137,706Liabilities 2024: $0Net Assets 2024: $137,7062024

Highlighted filing

2024

Assets$137,706
Liabilities$0
Net Assets$137,706
Open 2024 Filing

Operations Trend

Revenue Growth30th percentile

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

$200K$100K$0-$100KRevenue 2020: $114,792Expenses 2020: $126,814Net Income 2020: -$12,0222020Revenue 2021: $94,513Expenses 2021: $59,931Net Income 2021: $34,5822021Revenue 2022: $83,844Expenses 2022: $38,813Net Income 2022: $45,0312022Revenue 2023: $174,655Expenses 2023: $83,131Net Income 2023: $91,5242023Revenue 2024: $129,083Expenses 2024: $163,439Net Income 2024: -$34,3562024

Highlighted filing

2024

Revenue$129,083
Expenses$163,439
Net Income-$34,356
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$137,706
Liabilities
$0
Net assets
$137,706
Revenue
$129,083
Expenses
$163,439
Net income
-$34,356
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.38$0.00$1.38$1.29$1.63$0.34
2023Detailed filing. Detailed filing data is available for this year.$1.72$0.00$1.72$1.75$0.83$0.92
2022Detailed filing. Detailed filing data is available for this year.$0.92$0.00$0.92$0.84$0.39$0.45
2021Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.47$0.95$0.60$0.35
2020Detailed filing. Detailed filing data is available for this year.$0.07$0.00$0.07$1.15$1.27$0.12
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 9, 2025
Return Version
2024v5.0
Gross Receipts
$129,083
Mission and Program Overview

Mission

To promote and educate arts, culture to Asian Pacific Islanders

Program Services

DescriptionGrantsExpenses
Organized Asian Pacific Islander and Filipino Festivals to promote their arts and culture. Over 7,000 reached.$126,083$135,851
Promote health, healing and resilience of the Native Hawaiian and Pacific Islander community in Southern California.$3,000$2,700
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joann FieldsGovernment RelationsPT$15,000-$15,000
Ed ArguellesDirectorPT$1,000-$1,000
Filing and Contact Details

Filer

Filer Name
Api Initiative Inc
EIN
82-0998345
Phone
6197266099
Address
591 Telegraph Canyon Road 259, Chula Vista, CA 91910

Signing Officer

Name
Ed Arguelles
Title
Director
Phone
6197266099
Signed
2025-05-09
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Insurance - $1,709, Licenses & permits - $893, Travel & Meetings - $4,994, Fees & Registration - $560, Sponsorship - $3,750”

Raw XML Appendix229 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PhoneNum06197266099
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0API INITIATIVE INC
ReturnHeader/Filer/BusinessNameControlTxt0APII
ReturnHeader/Filer/EIN0820998345
ReturnHeader/Filer/PhoneNum06197266099
ReturnHeader/Filer/USAddress/AddressLine1Txt0591 Telegraph Canyon Road 259
ReturnHeader/Filer/USAddress/CityNm0Chula Vista
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd091910
ReturnHeader/Form8822BAttachedInd0X
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/ReturnTs02025-05-12T23:23:27-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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