Civic Intelligence

Asian American Pacific Islander Leaders

EIN 82-4584052 • 501(c)3 • San Francisco, CA

Profile

Leaders Forum is a non-profit organization launched in the White House in 2014. It is an on-going collaboration of executive, civic and academic leaders that are able to provide subject matter expertise and opinions with authenticity, integrity and credibility. These leaders are exceptionally skilled and driven to shape public agenda through high-level policy discussions with those in power and deliver tangible results. It is designed to use its collective financial,business, and political resources to unleash the unstoppable power of AANHPI leaders andallies to meet the challenges of today and shape the future of Americas tomorrow. It does this through educating and sharing thought leadership and targets the highest levels of the public, private and philanthropic sectors in the US and globally.

2436 Jackson Street 1San Francisco, CA 94115

leadersforum.org

Siviq Scores

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

Liabilities / Assets

88th percentile

0.45x

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

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

Liabilities / Revenue

94th percentile

0.94x

Higher debt load relative to revenue than 94% of similar nonprofits.

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

Net Margin

84th percentile

36%

Higher net margin than 84% of similar nonprofits.

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

Top Officer Pay

89th percentile

$26,000

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 23.8% of source-year revenue.

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

Asset Growth

76th percentile

21%

Faster asset growth than 76% of similar nonprofits.

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

Revenue Growth

91st percentile

98%

Faster revenue growth than 91% of similar nonprofits.

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

Assets

Up

$226,795

Up $38,799 (+21%) from 2023

Liabilities

Down

$103,167

Down $724 (-0.7%) from 2023

Net Assets

Up

$123,628

Up $39,523 (+47%) from 2023

Revenue

Up

$109,314

Up $54,097 (+98%) from 2023

Expenses

Up

$69,791

Up $1,636 (+2.4%) from 2023

Net Income

Up

$39,523

Up $52,461 (+405%) from 2023

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2019: $52,042Net Assets 2019: $52,0422019Assets 2020: $146,572Net Assets 2020: $146,5722020Assets 2021: $205,032Liabilities 2021: $0Net Assets 2021: $205,0322021Assets 2022: $199,376Liabilities 2022: $102,333Net Assets 2022: $97,0432022Assets 2023: $187,996Liabilities 2023: $103,891Net Assets 2023: $84,1052023Assets 2024: $226,795Liabilities 2024: $103,167Net Assets 2024: $123,6282024

Highlighted filing

2024

Assets$226,795
Liabilities$103,167
Net Assets$123,628

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2019: $114,914Expenses 2019: $94,731Net Income 2019: $20,1832019Revenue 2020: $193,640Expenses 2020: $99,110Net Income 2020: $94,5302020Revenue 2021: $418,039Expenses 2021: $359,579Net Income 2021: $58,4602021Revenue 2022: $189,875Expenses 2022: $297,864Net Income 2022: -$107,9892022Revenue 2023: $55,217Expenses 2023: $68,155Net Income 2023: -$12,9382023Revenue 2024: $109,314Expenses 2024: $69,791Net Income 2024: $39,5232024

Highlighted filing

2024

Revenue$109,314
Expenses$69,791
Net Income$39,523

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$109,314
Mission and Program Overview

Mission

The Leaders Forum is a cross sector network of influencers and executive thought leaders which was launched in the White House in 2014. It is designed to use its collective financial, business, and political resources to improve the U.S. & society at large. It does this through educating and sharing thought leadership. Its focus is the growing social, civic, and economic importance of Asian Americans & Impactful Diversity Integration at the highest levels of the public, private andphilanthropic sectors in the US and globally.

Leaders Forum is a non-profit organization launched in the White House in 2014. It is an on-going collaboration of executive, civic and academic leaders that are able to provide subject matter expertise and opinions with authenticity, integrity and credibility. These leaders are exceptionally skilled and driven to shape public agenda through high-level policy discussions with those in power and deliver tangible results. It is designed to use its collective financial,business, and political resources to unleash the unstoppable power of AANHPI leaders andallies to meet the challenges of today and shape the future of Americas tomorrow. It does this through educating and sharing thought leadership and targets the highest levels of the public, private and philanthropic sectors in the US and globally.

Program Services

DescriptionGrantsExpenses
In 2024 ASIAN AMERICAN PACIFIC ISLANDER LEADERS FORUM SUCCESSFULLY ACCOMPLISHED AND PARTICIPATED IN THE FOLLOWING:- SUNDANCE FILM FESTIVAL EDUCATIONAL TRIP;- ADVANCING LEADERS THROUGH INNOVATION;- WOMEN LEADER INITIATIVE;- LF EDUCATIONAL DISCUSSION ZOOMS;- HERITAGE MONTH PARTICIPATION.-$72,766
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lorna RandlettPresident/ Trea-$26,000-$26,000
Wade RandlettTrustee-$0--
Angelica OlcottTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Asian American Pacific Islander Leaders
EIN
82-4584052
Phone
4157283771
Address
2436 Jackson Street 1, San Francisco, CA 94115

Signing Officer

Name
Lorna Randlett
Title
President
Signed
2025-11-17
Discuss with paid preparer
Yes

Preparer

Firm
Smith & Company
Address
1527 5th Ave, San Rafael, CA 94901
Preparer
Lawrence S Smith CPA
Phone
4154585100
Supplemental Narrative

Additional Explanations

Other Expenses.1

PROGRAM COSTS $21029

Other Expenses.2

Meals and entertainment $7443

Other Expenses.3

TRAVEL $6780

Other Expenses.4

OFFICE $1818

Other Expenses.5

SUPPLIES $1650

Other Expenses.6

PAYPAL FEES $1491

Other Expenses.7

MARKETING $609

Other Expenses.8

Communication expenses $506

Other Expenses.10

BANK FEES $55

Other Assets.1005

Accounts Receivable - Beginning $107333 Accounts Receivable - Ending $103167

Other Assets.1007

Receivables-Officers, Directors, Etc. - Beginning $0 Receivables-Officers, Directors, Etc. - Ending $36500

Total Liabilities.1003

Deferred Revenue - Beginning $103891 Deferred Revenue - Ending $103167

Raw XML Appendix186 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Lorna Randlett
IRS990EZ/BooksInCareOfDetail/PhoneNum04157283771
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0500 Washington Street 325
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0San Francisco
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd094111
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt080663
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt087128
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0108936
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt039523
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02340
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0187996
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0226795
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt0109314
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0378
IRS990EZ/LoansToFromOfficersAmt036500
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0true
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt084105
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0123628
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt084105
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0123628
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt026000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Lorna Randlett
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Wade Randlett
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Angelica Olcott
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President/ Trea
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Trustee
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0107333
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0139667
IRS990EZ/OtherExpensesTotalAmt041381
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Leaders Forum is a non-profit organization launched in the White House in 2014. It is an on-going collaboration of executive, civic and academic leaders that are able to provide subject matter expertise and opinions with authenticity, integrity and credibility. These leaders are exceptionally skilled and driven to shape public agenda through high-level policy discussions with those in power and deliver tangible results. It is designed to use its collective financial,business, and political resources to unleash the unstoppable power of AANHPI leaders andallies to meet the challenges of today and shape the future of Americas tomorrow. It does this through educating and sharing thought leadership and targets the highest levels of the public, private and philanthropic sectors in the US and globally.
IRS990EZ/PrintingPublicationsPostageAmt070
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0In 2024 ASIAN AMERICAN PACIFIC ISLANDER LEADERS FORUM SUCCESSFULLY ACCOMPLISHED AND PARTICIPATED IN THE FOLLOWING:- SUNDANCE FILM FESTIVAL EDUCATIONAL TRIP;- ADVANCING LEADERS THROUGH INNOVATION;- WOMEN LEADER INITIATIVE;- LF EDUCATIONAL DISCUSSION ZOOMS;- HERITAGE MONTH PARTICIPATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt072766
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt026000
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0103891
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0103167
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt069791
IRS990EZ/TotalProgramServiceExpensesAmt072766
IRS990EZ/TotalRevenueAmt0109314
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/WebsiteAddressTxt0https://leadersforum.org
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0108936
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt054911
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0138655
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0381590
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0186502
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0870594
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt06175
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt06175
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0876769
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0108936
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt054911
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0138655
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0381590
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0192677
IRS990ScheduleA/Total509Grp/TotalAmt0876769
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0108936
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt054911
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0138655
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0381590
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0192677
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0876769
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt036500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Addl funds
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt036500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Lorna Randlett
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0President
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt036500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROGRAM COSTS $21029
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEALS AND ENTERTAINMENT $7443
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TRAVEL $6780
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OFFICE $1818
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SUPPLIES $1650
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PAYPAL FEES $1491
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MARKETING $609
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7COMMUNICATION EXPENSES $506
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8BANK FEES $55
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Accounts Receivable - Beginning $107333 Accounts Receivable - Ending $103167
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Receivables-Officers, Directors, Etc. - Beginning $0 Receivables-Officers, Directors, Etc. - Ending $36500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Deferred Revenue - Beginning $103891 Deferred Revenue - Ending $103167
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Assets.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Assets.1007
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Total Liabilities.1003
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Lorna Randlett
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Asian American Pacific Islander Leaders
ReturnHeader/Filer/BusinessNameControlTxt0ASIA
ReturnHeader/Filer/EIN0824584052
ReturnHeader/Filer/PhoneNum04157283771
ReturnHeader/Filer/USAddress/AddressLine1Txt02436 Jackson Street 1
ReturnHeader/Filer/USAddress/CityNm0San Francisco
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094115
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0991004192
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Smith & Company
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01527 5th Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0San Rafael
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd094901
ReturnHeader/PreparerPersonGrp/PhoneNum04154585100
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Lawrence S Smith CPA
ReturnHeader/ReturnTs02025-11-17T17:56:46-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.