Civic Intelligence

Chinese for Affirmative Action

990 • Fiscal year 2014 • EIN 94-2161304

Jan 01, 2014 to Dec 31, 2014 • Filed on Jul 30, 2015

17 Walter U Lum PlaceSan Francisco, CA 94108

(415) 274-6760

Siviq Scores

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

Liabilities / Assets

56th percentile

0.16x

Higher debt load relative to assets than 56% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

50th percentile

0.11x

Higher debt load relative to revenue than 50% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

73rd percentile

14%

Higher net margin than 73% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

80th percentile

$129,965

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 5.1% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

85th percentile

25%

Faster asset growth than 85% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

71st percentile

16%

Faster revenue growth than 71% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$1,736,359

Up $351,707 (+25%) from 2013

Net Assets

Up

$1,457,937

Up $331,577 (+29%) from 2013

Liabilities

Up

$278,422

Up $20,130 (+7.8%) from 2013

Revenue

Up

$2,573,124

Up $349,307 (+16%) from 2013

Expenses

Up

$2,203,329

Up $132,809 (+6.4%) from 2013

Net Income

Up

$369,795

Up $216,498 (+141%) from 2013

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $1,102,858Liabilities 2010: $41,732Net Assets 2010: $1,061,1262010Assets 2011: $1,363,049Liabilities 2011: $87,808Net Assets 2011: $1,275,2422011Assets 2012: $1,038,280Liabilities 2012: $119,537Net Assets 2012: $918,7432012Assets 2013: $1,384,652Liabilities 2013: $258,292Net Assets 2013: $1,126,3602013Assets 2014: $1,736,359Liabilities 2014: $278,422Net Assets 2014: $1,457,9372014Assets 2015: $1,696,135Liabilities 2015: $224,029Net Assets 2015: $1,472,1062015Assets 2016: $2,318,521Liabilities 2016: $431,632Net Assets 2016: $1,886,8892016Assets 2017: $3,105,880Liabilities 2017: $353,625Net Assets 2017: $2,752,2552017Assets 2018: $3,364,889Liabilities 2018: $481,229Net Assets 2018: $2,883,6602018Assets 2019: $4,937,994Liabilities 2019: $448,499Net Assets 2019: $4,489,4952019Assets 2020: $6,424,523Liabilities 2020: $1,083,203Net Assets 2020: $5,341,3202020Assets 2021: $46,812,510Liabilities 2021: $1,645,749Net Assets 2021: $45,166,7612021Assets 2022: $44,089,083Liabilities 2022: $1,368,681Net Assets 2022: $42,720,4022022Assets 2023: $48,992,575Liabilities 2023: $1,745,585Net Assets 2023: $47,246,9902023Assets 2024: $52,257,890Liabilities 2024: $2,364,808Net Assets 2024: $49,893,0822024

Highlighted filing

2014

Assets$1,736,359
Liabilities$278,422
Net Assets$1,457,937

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60M$40M$20M$0Revenue 2010: $1,654,892Expenses 2010: $1,406,361Net Income 2010: $248,5312010Revenue 2011: $1,678,506Expenses 2011: $1,464,390Net Income 2011: $214,1162011Expenses 2012: $1,523,7852012Revenue 2013: $2,223,817Expenses 2013: $2,070,520Net Income 2013: $153,2972013Revenue 2014: $2,573,124Expenses 2014: $2,203,329Net Income 2014: $369,7952014Revenue 2015: $2,267,816Expenses 2015: $2,202,959Net Income 2015: $64,8572015Revenue 2016: $2,828,464Expenses 2016: $2,413,681Net Income 2016: $414,7832016Revenue 2017: $3,844,801Expenses 2017: $2,979,435Net Income 2017: $865,3662017Revenue 2018: $3,816,838Expenses 2018: $3,587,604Net Income 2018: $229,2342018Revenue 2019: $5,868,754Expenses 2019: $4,270,889Net Income 2019: $1,597,8652019Revenue 2020: $7,104,499Expenses 2020: $6,258,045Net Income 2020: $846,4542020Revenue 2021: $48,725,620Expenses 2021: $9,077,900Net Income 2021: $39,647,7202021Revenue 2022: $13,816,264Expenses 2022: $13,209,349Net Income 2022: $606,9152022Revenue 2023: $16,797,759Expenses 2023: $15,888,677Net Income 2023: $909,0822023Revenue 2024: $19,659,649Expenses 2024: $19,037,363Net Income 2024: $622,2862024

Highlighted filing

2014

Revenue$2,573,124
Expenses$2,203,329
Net Income$369,795
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jul 30, 2015
Return Version
2014v5.0
Gross Receipts
$2,643,721
Mission and Program Overview

Mission

Chinese For Affirmative Action (CAA) is a community-based civil rights organization that conducts community service, policy advocacy, and movement building activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$335,132$724,477▲ $389,345
Investments in Publicly Traded Securities$272,105$277,723▲ $5,618
Land, Buildings, and Equipment, Net$174,102$187,664▲ $13,562
Savings and Temporary Cash Investments$285,256$166,876▼ $118,380
Prepaid Expenses and Deferred Charges$33,725$18,125▼ $15,600
Cash and Non-Interest-Bearing Accounts-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,384,652$1,736,359▲ $351,707
Other Assets Total$284,332$361,494▲ $77,162
Liabilities
Accounts Payable and Accrued Expenses$258,292$278,422▲ $20,130
Total Liabilities$258,292$278,422▲ $20,130
Net Assets / Fund Balance
Temporarily Rstr Net Assets$498,543$681,478▲ $182,935
Unrestricted Net Assets$427,817$576,459▲ $148,642
Permanently Rstr Net Assets$200,000$200,000→ $0
Total Net Assets Fund Balance$1,126,360$1,457,937▲ $331,577
Total Liabilities and Net Assets / Fund Balance$1,384,652$1,736,359▲ $351,707

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,895$567,256$576,151
Land$149,731-$149,731
Equipment$9,488$108,443$117,931
Other Land Buildings$19,550$3,450$23,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Vincent PanExecutive DirectorFT$118,295$11,670$129,965
John FongCFOFT$91,753$12,277$104,030

Board Members and Trustees

NameTitle
Keith KamisugiChairperson
Raymond SheenV. Chairperson
Cecillia WangTrustee
Germaine Q WongTrustee
Jeff ChangTrustee
Lisa LeeTrustee
Robert ChenTrustee
Celia LeeSecretary
Victoria WongTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,257,001
Program Service Revenue
$1,236,954
Investment Income
$67,705
Other Revenue
$11,464
All Other Contributions
$1,148,429
Change in Net Assets
$369,795

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,573,124
Revenue Not Reported on Form 990
$-38,218
Total Revenue per Audited Statements
$2,534,906
Total Revenue per Form 990
$2,573,124
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,156,912
Salaries, Compensation, and Employee Benefits$1,033,417
Total Fundraising Expense$186,077
Grants and Similar Amounts Paid$13,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$509,720$69,651$66,734$646,105
Current Officers, Directors, Trustees, and Key Employees$184,394$25,245$24,356$233,995
Office Expenses$120,397$1,181$57,336$178,914
Fees for Services Other$142,814$90$19,831$162,735
Other Employee Benefits$55,550$7,732$7,911$71,193
Payroll Taxes$50,628$6,933$6,670$64,231
Occupancy$31,221$30$232$31,483
Fees for Services Accounting$19,269$10$1$19,280
Pension Plan Contributions$13,961$1,943$1,989$17,893
Grants to Domestic Orgs$13,000--$13,000
Depreciation Depletion$9,014-$424$9,438
Insurance$9,331--$9,331
Travel$9,033-$254$9,287
Conferences and Meetings$9,021-$153$9,174
Other Expenses$43$450$158$43
Total Functional Expenses$1,903,987$113,265$186,077$2,203,329

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,203,329
Total Expenses per Audited Statements$2,203,329
Total Expenses per Form 990$2,203,329
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Cntr for Asian American MediaSan Francsico, CA-Sponsor$10,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$70,597
Fundraising Gross Income$70,597
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Event$148,967$50,679$27,702$22,977
Other Events$19,201$12,798$4,197$8,601
Total Events$179,169$70,597$70,597-
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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, Part VI, Line 6: Explanation of Classes of Members or Shareholder

As per its By-Laws, the organization has one class of membership called the general membership. The general membership of the organization is comprised of those persons who pay the requisite membership fee.

Form 990, Part VI, Line 11B: Form 990 Review Process

The Finance Policies & Procedures require the signature of the Executive Director on the Form 990. The Executive Director is responsible for reviewing the Form 990 to ensure a complete and accurate filing. A live signature by the Executive Director indicating his/her approval for filing is required on the Form 990 before submission.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

All staff are trained on the record/document retention, conflict of interest and whistleblower protection policies as part of initial staff orientation and annually at staff meetings. Board and staff complete the conflict of interest disclosure on an annual basis. Implementation of policies is monitored by Senior Management and the Administration and Finance Manager. Specifically, storage and destruction of documents is completed under the supervision of Senior Management and the Administration and Finance Manager. The Executive Director works with the Board Chair on the annual filing of Conflict of Interest Disclosure forms, as well as safeguarding against Conflicts of Interest. The whistleblower protection policy is posted prominently for all staff, proper implementation is supervised by Senior Management should the need arise.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The Executive Committee makes the recommendation for the Executive Director salary to the full Board of Directors for approval. The decision is based on a performance review of the Executive Director, the Board's extensive knowledge and experience with executive compensation at similar organizations, compensation levels of past executive directors, and compensation levels of other staff.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The Executive Director determines and approves the salary of the Chief Financial Officer. The decision is based on a performance review of the Chief Financial Officer and compensation levels of other staff.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The organization's governing documents, policies and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Chinese For Affirmative Action
EIN
94-2161304
Phone
4152746760
Address
17 Walter U Lum Place, San Francisco, CA 94108

Signing Officer

Name
Vincent Pan
Title
Executive Director
Signed
2015-07-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Vincent Pan
Formed
1969
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
9
Employees
24
Volunteers
125

Preparer

Firm
Patel & Associates LLP
Address
266 17th Street Suite 200, Oakland, CA 94612-4124
Preparer
Ramesh Patel CPA
Phone
5104525051
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: OTHER PROGRAMS:CAA continues to support and contribute to a broader progressive movement for social change in multiple ways. We are now working with six additional groups: the Alliance of South Asians Taking Action, APEX Express, Asian Prisoner Support Committee, Him Mark Lai Library Committee, Hyphen Magazine, the Network on Religion and Justice, and the Visibility Project. Together with CAA and API Equality, these groups share administrative, campaign, and movement building resources while exploring and deepening the connections that our collective members, volunteers, and staff have with one another.

Financial Statement Notes

Part X : FIN48 Footnote

The Organization is exempt from federal and state income taxes under the provisions of Internal Revenue Code Section 501(c)(3) and California Revenue and Taxation Code Section 23701d respectively. In addition, the Organization qualifies for the charitable contribution deduction under the Internal Revenue Code Section 170(b)(1)(A)(vi) and has been classified as an organization that is not a private foundation under Section 509(a)(1).GAAP provides accounting and disclosure guidance about positions taken by an organization in its tax returns that might be uncertain. Management has considered its tax positions and believes that all of the positions taken by the Organization in its federal and state exempt organization tax returns are more likely than not to be sustained upon examination. The Organizations returns are subject to examination by federal and state taxing authorities, generally for three years and four years respectively, after they are filed.

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IRS990/Desc0CAA Chinese Affirmative Action CAACAA was founded to protect the civil rights of Chinese Americans and to advance multiracial democracy in the United States. Today, CAA is a progressive voice in and on behalf of the broader Asian Pacific Islander (API) community. CAA advocates for systemic change that protects immigrant rights, promotes language diversity, and remedies racial injustice.At the grassroots level, our community building work nurtures the ability of immigrants to participate fully in civic life. These activities include leadership development for monolingual public school parents, employment services for limited-English proficient newcomers, outreach for immigrant legal services, and community and voter education underscoring issues that impact CAA's constituency.In addition to community engagement, CAA leads advocacy to improve public policy and to inform public discourse. CAA produces community-based research, publishes policy analyses and recommendations, shapes opinion through ethnic and mainstream media, and organizes to engage elected and government officials.Lastly, CAA spearheads initiatives to grow and sustain a progressive API movement. These multi-strategy and multi-constituency change projects consist of efforts that broaden and deepen the understanding of civil rights issues, promote lesbian, gay, bisexual, and transgender inclusion, and support emerging API social justice leaders and activities.
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IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt5Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt6Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt7Trustee
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IRS990/MissionDesc0Chinese For Affirmative Action (CAA) is a community-based civil rights organization that conducts community service, policy advocacy, and movement building activities.
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IRS990/ProgSrvcAccomActy2Grp/Desc0API Equality - Northern CaliforniaCAA is the fiscal sponsor for API Equality-Northern California. API Equality is committed to working within the API community for fair treatment and acceptance of lesbian, gay, bisexual, and transgender (LGBT) people. API Equality engages in public education, community organizing, and legal and legislative advocacy. API Equalitys goals are twofold: To reduce and eliminate prejudice and oppression based on gender and/or sexual orientation in the diverse ethnic communities of the API populace; and To combat and eliminate racial-based or xenophobic prejudice and oppression in the LGBTQI community.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0239320
IRS990/ProgSrvcAccomActy3Grp/Desc0OTHER PROGRAMS:CAA continues to support and contribute to a broader progressive movement for social change in multiple ways. We are now working with six additional groups: the Alliance of South Asians Taking Action, APEX Express, Asian Prisoner Support Committee, Him Mark Lai Library Committee, Hyphen Magazine, the Network on Religion and Justice, and the Visibility Project. Together with CAA and API Equality, these groups share administrative, campaign, and movement building resources while exploring and deepening the connections that our collective members, volunteers, and staff have with one another.
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$52.3$2.36$49.9$19.7$19.0$0.62
2023Summary only. Only limited summary data is available for this year.$49.0$1.75$47.2$16.8$15.9$0.91
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$44.1$1.37$42.7$13.8$13.2$0.61
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$46.8$1.65$45.2$48.7$9.08$39.6
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.42$1.08$5.34$7.10$6.26$0.85
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.94$0.45$4.49$5.87$4.27$1.60
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.36$0.48$2.88$3.82$3.59$0.23
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.11$0.35$2.75$3.84$2.98$0.87
2016Summary only. Only limited summary data is available for this year.$2.32$0.43$1.89$2.83$2.41$0.41
2015Summary only. Only limited summary data is available for this year.$1.70$0.22$1.47$2.27$2.20$0.06
2014Detailed filing. Detailed filing data is available for this year.$1.74$0.28$1.46$2.57$2.20$0.37
2013Detailed filing. Detailed filing data is available for this year.$1.38$0.26$1.13$2.22$2.07$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$0.12$0.92$1.52
2011Summary only. Only limited summary data is available for this year.$1.36$0.09$1.28$1.68$1.46$0.21
2010Summary only. Only limited summary data is available for this year.$1.10$0.04$1.06$1.65$1.41$0.25