Nonprofit screen
Screen a listAsian Business Association Foundation
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Registered
- Charity type
- 509(a)(1)
$877krevenue
FY2024 · +119% in 3 yrs1staff
5 of 5years filed
’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−1.7%
Months of reserve1.3mo
Revenue growth (annualized)+22.2%
Middle half of peersMedianAsian Business Association
Where the money goes FY2024 · $892k spent
Programs$883k99%Management and general$6k1%Fundraising$4k0%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 3 of the last 3 years
−$10k in FY2022, −$120k in FY2023 and −$15k in FY2024. Cash covers 1.3 months, under the peer median of 6.7.
990 Part I and balance sheetIn its favor2
Growing faster than peers
Revenue up 22% a year since FY2020, in the top quarter of similar nonprofits.
990 Part I · peer cohortA history of government grants
Government grants on 3 of its 3 returns, 56% of revenue in FY2024.
990 Part VIII7funders
$101ka year, last 3 years
79%from its largest funder
Funder’17’18’19’20’21’22’23The Bank of America Charitable Foundation IncEvery year since FY2017$7k$8k$8k$10k$100k$100k$40kAT&T FoundationOn and off$30kAsian & Pacific Islander American VoteOn and off$20kEast West Bank FoundationSince FY2022$5k$8kJpmorgan Chase FoundationNew in FY2023$100Donor-advised giftsDonors not disclosed$10k
FundedThrough a donor-advised fund