Civic Intelligence

Asian District Cultural Association

EIN 82-4706605 • 501(c)3 • Oklahoma City, OK

Profile

The Asian District Cultural Association is a 501c3 Non-profit organization that promotes and preserves the diverse culture of the Oklahoma City Asian District. We bridge and build community across generations by engaging and empowering the next generation of Asian-American Oklahomans. We accomplish our mission through events beautification education & outreach.

PO Box 2182Oklahoma City, OK 73101

www.asiandistrictok.com

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

54th percentile

3.5%

Higher net margin than 54% of similar nonprofits.

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

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

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

Asset Growth

69th percentile

11%

Faster asset growth than 69% of similar nonprofits.

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

Revenue Growth

82nd percentile

42%

Faster revenue growth than 82% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$97,373

Up $9,834 (+11%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$97,373

Up $9,834 (+11%) from 2023

Operations
Liabilities / Revenue62nd percentileNet Margin54th percentile

Revenue

Up

$282,865

Up $83,915 (+42%) from 2023

Expenses

Up

$273,031

Up $99,731 (+58%) from 2023

Net Income

Down

$9,834

Down $15,816 (-62%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth69th percentile

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

$100K$50K$0Assets 2018: $2,982Net Assets 2018: $2,9822018Assets 2019: $23,728Net Assets 2019: $23,7282019Assets 2020: $29,268Liabilities 2020: $02020Assets 2021: $27,181Liabilities 2021: $170Net Assets 2021: $27,0112021Assets 2022: $61,889Liabilities 2022: $0Net Assets 2022: $61,8892022Assets 2023: $87,539Liabilities 2023: $0Net Assets 2023: $87,5392023Assets 2024: $97,373Liabilities 2024: $0Net Assets 2024: $97,3732024

Highlighted filing

2024

Assets$97,373
Liabilities$0
Net Assets$97,373
Open 2024 Filing

Operations Trend

Revenue Growth82nd percentile

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

$300K$200K$100K$0-$100KRevenue 2018: $33,950Expenses 2018: $30,968Net Income 2018: $2,9822018Revenue 2019: $26,943Expenses 2019: $6,197Net Income 2019: $20,7462019Revenue 2020: $46,486Expenses 2020: $40,946Net Income 2020: $5,5402020Revenue 2021: $107,442Expenses 2021: $109,699Net Income 2021: -$2,2572021Revenue 2022: $126,433Expenses 2022: $91,555Net Income 2022: $34,8782022Revenue 2023: $198,950Expenses 2023: $173,300Net Income 2023: $25,6502023Revenue 2024: $282,865Expenses 2024: $273,031Net Income 2024: $9,8342024

Highlighted filing

2024

Revenue$282,865
Expenses$273,031
Net Income$9,834
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$97,373
Liabilities
$0
Net assets
$97,373
Revenue
$282,865
Expenses
$273,031
Net income
$9,834
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.97$0.00$0.97$2.83$2.73$0.10
2023Detailed filing. Detailed filing data is available for this year.$0.88$0.00$0.88$1.99$1.73$0.26
2022Detailed filing. Detailed filing data is available for this year.$0.62$0.00$0.62$1.26$0.92$0.35
2021Detailed filing. Detailed filing data is available for this year.$0.27$0.00$0.27$1.07$1.10$0.02
2020Summary only. Only limited summary data is available for this year.$0.29$0.00$0.46$0.41$0.06
2019Detailed filing. Detailed filing data is available for this year.$0.24$0.24$0.27$0.06$0.21
2018Detailed filing. Detailed filing data is available for this year.$0.03$0.03$0.34$0.31$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.1
Gross Receipts
$282,865
Mission and Program Overview

Mission

TopromotesandpreservesthediversecultureoftheOklahomaCityAsianDistrict.WebridgeandbuildcommunityacrossgenerationsbyengagingandempoweringthenextgenerationofAsian-AmericanOklahomans.Weaccomplishourmissionthroughevents,beautification,andeducation&outreach.

The Asian District Cultural Association is a 501c3 Non-profit organization that promotes and preserves the diverse culture of the Oklahoma City Asian District. We bridge and build community across generations by engaging and empowering the next generation of Asian-American Oklahomans. We accomplish our mission through events beautification and education & outreach.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$87,539$97,373▲ $9,834
Savings and Temporary Cash Investments$75,397$86,067▲ $10,670
Cash and Non-Interest-Bearing Accounts$12,142$11,306▼ $836
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$87,539$97,373▲ $9,834
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$87,539$97,373▲ $9,834
Total Liabilities and Net Assets / Fund Balance$87,539$97,373▲ $9,834
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Jenny NguyenPresident
Vivian LeVice President
Ace ScottBoard member
Anne ScudderBoard member
Danielle PullenBoard member
Jennifer PhamBoard member
John LeeBoard member
Michael ToBoard member
Regina CookBoard member
Ryan McMullenBoard member
Steve LeSecretary
Alvin LyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$83,264
Program Service Revenue
$194,468
Investment Income
$5,133
Other Revenue
$0
All Other Contributions
$83,264
Change in Net Assets
$9,834
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$273,031
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$0$100,567$0$100,567
Other Expenses$0$9,892$0$9,892
All Other Expenses$0$9,098$0$9,098
Advertising$0$5,065$0$5,065
Office Expenses$0$3,527$0$3,527
Insurance$0$3,109$0$3,109
Occupancy$0$935$0$935
Total Functional Expenses$140,838$132,193$0$273,031
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
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

Part VI, Line 4

“The original bylaw was simple. We have reorganized the sections and refined the language throughout the document to ensure consistency. Most of these changes are not substantial. However we did make several meaningful updates including adjustments to officer terms the process for electing board members meeting procedures and significant additions regarding the role use and terms of board advisors. We also incorporated language addressing closed meetings.”

Part VI, Line 11A

“The President Treasurer and Executive Director will review the Form 990 before submission. A copy will also be emailed to all board members.”

Part VI, Line 15

“Nothing shall prevent the payment of reasonable compensation or reimbursement for services rendered in connection with the effectuation of the Associations purpose. The Association may appoint a committee to determine the proper valuation of any compensation paid to any contractor vendor or employee.”

Filing and Contact Details

Filer

Filer Name
Asian District Cultural Association
EIN
82-4706605
Phone
4055353813
Address
PO Box 2182, OKLAHOMA CITY, OK 73101

Signing Officer

Name
Steve Le
Title
Executive Director
Phone
4055376109
Signed
2025-11-17

Organization Details

Principal Officer
Vivian Le
Formed
2018
Legal Domicile
Ok
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
50
Supplemental Narrative

Additional Explanations

Part IX Line 24

“| Explanation:| $4,789 Tree Planting @ Military Park”

Part IX Line 24

“| Explanation:| $928 Board Retreat”

Part IX Line 24

“| Explanation:| $3,381 Education and outreach”

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IRS990/MissionDesc0The Asian District Cultural Association is a 501c3 Non-profit organization that promotes and preserves the diverse culture of the Oklahoma City Asian District. We bridge and build community across generations by engaging and empowering the next generation of Asian-American Oklahomans. We accomplish our mission through events beautification and education & outreach.
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IRS990/OtherExpensesGrp/Desc0Asian Night Market Festival and Asian Minimart
IRS990/OtherExpensesGrp/Desc1"We Have Arrived" Project
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