Civic Intelligence

API Initiative Inc.

990EZ • Fiscal year 2021 • EIN 82-0998345

Jan 01, 2021 to Dec 31, 2021 • Filed on Sep 19, 2022

591 Telegraph Canyon Road 259Chula Vista, CA 91910

(619) 726-6099

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

79th percentile

37%

Higher net margin than 79% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

85th percentile

$20,000

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 21.2% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

97th percentile

536%

Faster asset growth than 97% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

33rd percentile

-18%

Faster revenue growth than 33% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$46,822

Up $39,455 (+536%) from 2020

Net Assets

Up

$46,822

Up $39,455 (+536%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Down

$94,513

Down $20,279 (-18%) from 2020

Expenses

Down

$59,931

Down $66,883 (-53%) from 2020

Net Income

Up

$34,582

Up $46,604 (+388%) from 2020

Historical Trend

Balance Sheet Trend

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

$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

2021

Assets$46,822
Liabilities$0
Net Assets$46,822

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2021

Revenue$94,513
Expenses$59,931
Net Income$34,582
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Sep 19, 2022
Return Version
2021v4.0
Gross Receipts
$94,513
Mission and Program Overview

Mission

To promote and educate arts, culture to Asian Pacific Islanders

Program Services

DescriptionGrantsExpenses
We provided outreach, education, training and NRFU activities for the hard-to-reach Asian Pacific Islander communities in San Diego County to participate in Census 2020. Our cultural PSA's reached 7 million impressions, 296,000 video views and over 4,000 clicks to Census 2020 form.$0$59,931
API Vote was to educate the importance of voting and participating for Asian Pacific Islanders in San Diego County. We did phone banking and called a list of thousands of potential voters.$0$59,931
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joann FieldsGovernment RelationsPT$20,000-$20,000
Ed ArguellesDirectorPT$10,000-$10,000
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
2022-09-19
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ReasonableCauseExplanation/ExplanationTxt0Filed extension. Family health issues/Covid
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