Skip to content

Illinois · Nonprofit

AMERICAN ASSOCIATION OF RETIRED ASIANS

AMERICAN ASSOCIATION OF RETIRED ASIANS (Illinois) receives grants from 6 organizations whose IRS filings report $1,155,191 to it, the largest being AGEOPTIONS INC (FKA SUBURBAN AREA AGENCY ON AGING) ($1,140,541). 4 of them have funded it in more than one year.

Revenue FY2024
$453k
Funders on record
6
Grants received
$1.2M
Net assets
$27k
4/6 repeat funderspeak grant-dependency 56%
01What it does

What American Association of Retired Asians does

Mission

Our mission is to inspire, engage and enhance the emotional, social and physical well being of the senior communityof southe asian origin

As stated on its FY2024 Form 990.

Program

  1. Aara is an all volunteer organization. It provides services to all oldeer adults but mainly work with the south asian americans with limited english proficiency. Most of the programs are funded by community donations.its mission is to serve older adults primarily of south asian backgrounds by providing a range of culturally appropriate and linguistically snesitive services in the greater chicagoland area.

    $284,424 spent
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $284,424.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($99k) Expenses 100 ($106k) Net assets 100 ($35k)2018 Revenue 183 ($181k) Expenses 113 ($119k) Net assets 266 ($94k)2019 Revenue 146 ($145k) Expenses 144 ($152k) Net assets 246 ($87k)2020 Revenue 263 ($260k) Expenses 252 ($265k) Net assets 232 ($82k)2021 Revenue 322 ($319k) Expenses 307 ($324k) Net assets 217 ($76k)2022 Revenue 374 ($370k) Expenses 374 ($395k) Net assets 146 ($51k)2023 Revenue 414 ($410k) Expenses 331 ($350k) Net assets 248 ($87k)2024 Revenue 457 ($453k) Expenses 486 ($513k) Net assets 77 ($27k)
'17'18'19'20'21'22'23'24
Revenue (457)Expenses (486)Net assets (77)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $42k to $97k (+135%).

$42k
$97k
$90k
$86k
$83k
$58k
$94k
$40k
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

100% of AMERICAN ASSOCIATION OF RETIRED ASIANS’s revenue is contributions — more reliant on donations than three-quarters of its peers (91% for the typical peer).

This organization
Typical peer · 23,870 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 8 reported years ran a deficit.

−$7k
’17
$61k
’18
−$7k
’19
−$5k
’20
−$5k
’21
−$25k
’22
$60k
’23
−$60k
’24
0.9
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

20202021202220232024
Listed22211
Joined·····
No longer listed·····
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 3 funders to 2 funders, grant income rose $44k → $225k.

From the IRS filings of AMERICAN ASSOCIATION OF RETIRED ASIANS’s funders (the co-funder graph). Top 5 of 6 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

AMERICAN ASSOCIATION OF RETIRED ASIANS leans on a few funders — its largest provides 99% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

99% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund AMERICAN ASSOCIATION OF RETIRED ASIANS.

99%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2017 98% · 2018 96% · 2019 100% · 2020 91% · 2021 100% · 2022 100% · 2023 100% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of AMERICAN ASSOCIATION OF RETIRED ASIANS's grant income comes from Illinois funders.

IL
OH

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Illinois out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

AMERICAN ASSOCIATION OF RETIRED ASIANS has grown faster than three-quarters of the 21,616 human services nonprofits its size.

Operating margin−13% · bottom quartile
Months of reserve0.9mo · bottom quartile
Revenue growth (annualized)24% · top quartile

this organization peer median middle 50% of peers· 21,616 human services nonprofits $100k–$1M, FY2024

Organizations like AMERICAN ASSOCIATION OF RETIRED ASIANS

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Illinois

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

86% of spending goes to programs.

Program 86%Management 14%Fundraising 0%

Governance

1
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990✓Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

IL

Screen this organization

A dated, signed PDF of the compliance screen for AMERICAN ASSOCIATION OF RETIRED ASIANS: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds AMERICAN ASSOCIATION OF RETIRED ASIANS?
AMERICAN ASSOCIATION OF RETIRED ASIANS (Illinois) receives grants from 6 organizations whose IRS filings report $1,155,191 to it, the largest being AGEOPTIONS INC (FKA SUBURBAN AREA AGENCY ON AGING) ($1,140,541). 4 of them have funded it in more than one year.
How many funders does AMERICAN ASSOCIATION OF RETIRED ASIANS have?
IRS filings report 6 organizations giving $1,155,191 in grants to AMERICAN ASSOCIATION OF RETIRED ASIANS, 4 of which have funded it in more than one year.
Who is the largest funder of AMERICAN ASSOCIATION OF RETIRED ASIANS?
AGEOPTIONS INC (FKA SUBURBAN AREA AGENCY ON AGING) is the largest funder on record, with $1,140,541 in grants. The full list of funders is on this page.
How can an organization like AMERICAN ASSOCIATION OF RETIRED ASIANS find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds American Association of Retired Asians →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing