Civic Intelligence

Center for Asian American Media

990 • Fiscal year 2014 • EIN 94-2801493

Oct 01, 2013 to Sep 30, 2014 • Filed on Jul 09, 2015

145 9th Street94103

(415) 863-0814

Siviq Scores

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

Liabilities / Assets

58th percentile

0.17x

Higher debt load relative to assets than 58% of similar nonprofits.

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

Liabilities / Revenue

53rd percentile

0.13x

Higher debt load relative to revenue than 53% of similar nonprofits.

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

Net Margin

69th percentile

11%

Higher net margin than 69% of similar nonprofits.

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

Top Officer Pay

67th percentile

$94,195

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

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

Asset Growth

81st percentile

18%

Faster asset growth than 81% of similar nonprofits.

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

Revenue Growth

76th percentile

21%

Faster revenue growth than 76% of similar nonprofits.

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

Assets

Up

$2,756,341

Up $430,148 (+18%) from 2013

Net Assets

Up

$2,276,233

Up $403,035 (+22%) from 2013

Liabilities

Up

$480,108

Up $27,113 (+6.0%) from 2013

Revenue

Up

$3,680,155

Up $637,910 (+21%) from 2013

Expenses

Up

$3,277,120

Up $550,199 (+20%) from 2013

Net Income

Up

$403,035

Up $87,711 (+28%) from 2013

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2011: $2,034,382Liabilities 2011: $540,431Net Assets 2011: $1,493,9512011Assets 2012: $1,972,893Liabilities 2012: $415,019Net Assets 2012: $1,557,8742012Assets 2013: $2,326,193Liabilities 2013: $452,995Net Assets 2013: $1,873,1982013Assets 2014: $2,756,341Liabilities 2014: $480,108Net Assets 2014: $2,276,2332014Assets 2015: $2,647,722Liabilities 2015: $229,723Net Assets 2015: $2,417,9992015Assets 2016: $3,258,125Liabilities 2016: $320,927Net Assets 2016: $2,937,1982016Assets 2017: $4,222,080Liabilities 2017: $331,949Net Assets 2017: $3,890,1312017Assets 2018: $3,991,564Liabilities 2018: $298,400Net Assets 2018: $3,693,1642018Assets 2019: $3,823,212Liabilities 2019: $225,032Net Assets 2019: $3,598,1802019Assets 2020: $3,847,406Liabilities 2020: $586,518Net Assets 2020: $3,260,8882020Assets 2021: $7,019,296Liabilities 2021: $662,810Net Assets 2021: $6,356,4862021Assets 2022: $8,017,126Liabilities 2022: $531,675Net Assets 2022: $7,485,4512022Assets 2023: $9,357,107Liabilities 2023: $1,350,530Net Assets 2023: $8,006,5772023Assets 2024: $16,250,057Liabilities 2024: $879,989Net Assets 2024: $15,370,0682024

Highlighted filing

2014

Assets$2,756,341
Liabilities$480,108
Net Assets$2,276,233

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $2,995,265Expenses 2011: $3,019,718Net Income 2011: -$24,4532011Revenue 2012: $2,384,078Expenses 2012: $2,446,155Net Income 2012: -$62,0772012Revenue 2013: $3,042,245Expenses 2013: $2,726,921Net Income 2013: $315,3242013Revenue 2014: $3,680,155Expenses 2014: $3,277,120Net Income 2014: $403,0352014Revenue 2015: $2,893,055Expenses 2015: $2,751,289Net Income 2015: $141,7662015Revenue 2016: $2,645,189Expenses 2016: $2,125,990Net Income 2016: $519,1992016Revenue 2017: $3,666,484Expenses 2017: $2,713,551Net Income 2017: $952,9332017Revenue 2018: $2,744,800Expenses 2018: $2,941,767Net Income 2018: -$196,9672018Revenue 2019: $2,478,502Expenses 2019: $2,573,486Net Income 2019: -$94,9842019Revenue 2020: $2,872,744Expenses 2020: $2,937,243Net Income 2020: -$64,4992020Revenue 2021: $6,137,998Expenses 2021: $3,030,459Net Income 2021: $3,107,5392021Revenue 2022: $4,982,490Expenses 2022: $3,835,946Net Income 2022: $1,146,5442022Revenue 2023: $4,191,683Expenses 2023: $3,677,521Net Income 2023: $514,1622023Revenue 2024: $11,535,103Expenses 2024: $4,139,308Net Income 2024: $7,395,7952024

Highlighted filing

2014

Revenue$3,680,155
Expenses$3,277,120
Net Income$403,035
Jump To
Filing Snapshot
Filing Period
Oct 1, 2013 to Sep 30, 2014
Signed
Jul 9, 2015
Return Version
2013v4.0
Gross Receipts
$3,680,155
Mission and Program Overview

Mission

To present stories that convey the richness and diversity of Asian American experiences to the broadest audience possible. The Center does this by funding, producing, distributing, and exhibiting films, television, LIVE PERFORMANCES and digital media.

To present stories that convey the richness and diversity of Asian American experiences to the broadest audience possible. The Center does this by funding, producing, distributing, and exhibiting films, television and digital media.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$1,004,804$1,071,612▲ $66,808
Other Notes and Loans Receivable, Net$499,334$499,334→ $0
Savings and Temporary Cash Investments$352,307$400,875▲ $48,568
Cash and Non-Interest-Bearing Accounts$50,579$364,509▲ $313,930
Prepaid Expenses and Deferred Charges$18,506$22,154▲ $3,648
Land, Buildings, and Equipment, Net$17,895$14,686▼ $3,209
Accounts Receivable$5,051$5,454▲ $403
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$2,326,193$2,756,341▲ $430,148
Other Assets Total$377,717$377,717→ $0
Liabilities
Accounts Payable and Accrued Expenses$123,444$288,608▲ $165,164
Grants Payable$329,551$191,500▼ $138,051
Total Liabilities$452,995$480,108▲ $27,113
Net Assets / Fund Balance
Unrestricted Net Assets$1,103,118$1,144,850▲ $41,732
Temporarily Rstr Net Assets$770,080$1,131,383▲ $361,303
Total Net Assets Fund Balance$1,873,198$2,276,233▲ $403,035
Total Liabilities and Net Assets / Fund Balance$2,326,193$2,756,341▲ $430,148

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$14,686$147,381$162,067
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Stephen GongExec DirectorFT$92,695$1,500$94,195

Board Members and Trustees

NameTitle
Dipti GhoshChair
David LeiVice Chair
Bill ImadaBoard Member
Christine ChenBoard Member
France VianaBoard Member
James BaoBoard Member
Kathy ImBoard Member
Lloyd La CuestaBoard Member
Matt MuiBoard Member
Philomena KingBoard Member
Rana ChoBoard Member
Tessie GuillermoBoard Member
Vincent PanBoard Member
Johnnie D GilesSecretary
Myong LeighTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,211,541
Program Service Revenue
$430,373
Investment Income
$5,129
Other Revenue
$33,112
All Other Contributions
$2,117,288
Change in Net Assets
$403,035

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table-$34,834Purchase
Other Non Cash Contri Table1$25,000Purchase
Other Non Cash Contri Table1$15,680Purchase
Other Non Cash Contri Table1$8,000Purchase
Total Noncash Contributions3$83,514-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,680,155
Revenue Not Reported on Form 990
$239,599
Total Revenue per Audited Statements
$3,919,754
Total Revenue per Form 990
$3,680,155
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,032,781
Salaries, Compensation, and Employee Benefits$927,059
Grants and Similar Amounts Paid$317,280
Total Fundraising Expense$165,774
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$1,028,950$19,184$15,418$1,063,552
Other Salaries and Wages$577,444$53,168$85,250$715,862
Grants to Domestic Orgs$264,000--$264,000
Travel$184,105$660$1,050$185,815
All Other Expenses$102,235$5,928$9,241$117,404
Current Officers, Directors, Trustees, and Key Employees$76,298$6,866$11,301$94,465
Other Expenses$83,514$2,423$19,868$83,514
Payroll Taxes$58,210$4,970$8,111$71,291
Occupancy$50,424$7,222$1,336$58,982
Grants to Domestic Individuals$53,280--$53,280
Other Employee Benefits$39,087$-1,161$6,877$44,803
Insurance$32,997$2,168$3,061$38,226
Advertising$31,471--$31,471
Conferences and Meetings$10,817--$10,817
Depreciation Depletion$7,700$1,145$1,561$10,406
Information Technology$6,855$923$1,258$9,036
Pension Plan Contributions$557$-17$98$638
Total Functional Expenses$3,007,867$103,479$165,774$3,277,120

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,516,719
Expenses per Audited Statements$3,277,120
Total Expenses per Form 990$3,277,120
Expenses Not Reported on Form 990$239,599
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
45-3654408--Film Production & Develop Grant$192,000
46-4195740--Film Production & Develop Grant$40,000
20-8890826--Film Production & Develop Grant$30,000
94-3149673--Film Production & Develop Grant$22,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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
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
Yes
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 11B: Form 990 Review Process

The tax return is prepared by an outside accounting firm. After completion of said returns, the organization is sent a draft of the tax returns to be reviewed and examined. The organization makes copies of the returns and distributes to those individuals charged with governance. Those individuals at that time can review and if applicable discuss any line items in the return with the accountant who has prepared the return. If all items are found to be acceptable, an affidavit is signed to authorize the outside accounting firm to process, sign and provide copies of the returns to be filed with the designated governmental agencies. Before the tax returns are filed, a final tax return copy is forwarded to all Board members. The tax returns are then signed by the organization, stamped with certified return receipt and timely placed in the mail for filing.

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

Annual review of activities performed at audit preparation time.

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

Board's Executive Committee is provided with comparability data and the committee makes the decision for any ED compensation

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

Annual review of salaries & wages include comparability data. This is done during budget process.

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

Governing documents are available for public inspection at the principal place of business.The conflict of interest policy and the organization's financial statements are available upon request

Filing and Contact Details

Filer

EIN
94-2801493
Phone
4158630814

Signing Officer

Name
Stephen Gong
Title
Exec Director
Signed
2015-07-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephen Gong
Formed
1980
Legal Domicile
CA
Voting Board Members
15
Independent Board Members
15
Employees
33
Volunteers
300

Preparer

Preparer
Madeleine M RocamoraEA
Phone
9256030800
Supplemental Narrative

Additional Explanations

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

OTHER PROGRAM SERVICES 4: CAAM selected 3 projects that were funded through our Open Call for production funds. The selected films are timely and represent issues of national and global importance by Asian American filmmakers. OTHER PROGRAM SERVICES 5: CAAM acted as fiscal sponsor for two separate projects receiving funding though the the National Endowment for the Humaninities. Each project involves creation of a film of specific interest to the Asian American Community.

Financial Statement Notes

Part X : FIN48 Footnote

The Organization is exempt from federal and state income tax under Section 501(c)(3) of the Internal Revenue Code, and Section 23701(d) of the California Revenue and Taxation Code. The Organization has adopted the accounting guidance related to uncertain tax positions, and has evaluated 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt1Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt9Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt10Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt11Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt12Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt13Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt14Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt15Exec Director
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IRS990/MissionDesc0To present stories that convey the richness and diversity of Asian American experiences to the broadest audience possible. The Center does this by funding, producing, distributing, and exhibiting films, television and digital media.
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IRS990/PrincipalOfficerNm0Stephen Gong
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IRS990/ProgramServiceRevenueGrp/Desc0Production revenue
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IRS990/ProgramServiceRevenueGrp/Desc2Ticket sales
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt177769
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2122604
IRS990/ProgSrvcAccomActy2Grp/Desc0In March, 2014, CAAM presented its 32nd San Francisco Asian American Film Festival ( recently renamed CAAMFest ). This year's festival offerings totaled 105 Asian and Asian American films, documentaries and narratives, features ans shorts to a total audience of 26,000. The festival also featured numerous panels, workshops, musical performances and interactive programming.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0678309
IRS990/ProgSrvcAccomActy3Grp/Desc0CAAM acted as fiscal sponsor for two separate projects receiving funding though the the National Endowment for the Humaninities. Each project involves creation of a film of specific interest to the Asian American Community.
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.3$0.88$15.4$11.5$4.14$7.40
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.36$1.35$8.01$4.19$3.68$0.51
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.02$0.53$7.49$4.98$3.84$1.15
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.02$0.66$6.36$6.14$3.03$3.11
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.85$0.59$3.26$2.87$2.94$0.06
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.82$0.23$3.60$2.48$2.57$0.09
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.99$0.30$3.69$2.74$2.94$0.20
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.22$0.33$3.89$3.67$2.71$0.95
2016Detailed filing. Detailed filing data is available for this year.$3.26$0.32$2.94$2.65$2.13$0.52
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.65$0.23$2.42$2.89$2.75$0.14
2014Detailed filing. Detailed filing data is available for this year.$2.76$0.48$2.28$3.68$3.28$0.40
2013Summary only. Only limited summary data is available for this year.$2.33$0.45$1.87$3.04$2.73$0.32
2012Summary only. Only limited summary data is available for this year.$1.97$0.42$1.56$2.38$2.45$0.06
2011Summary only. Only limited summary data is available for this year.$2.03$0.54$1.49$3.00$3.02$0.02