Nonprofit screen
Screen a listThe Asian American Foundation
Can you give?
Listed with the IRS, but California flags it.
Check its California registration before you grant.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Not current
- Charity type
- 509(a)(1)
$19Mrevenue
FY2024 · −81% in 3 yrs10staff
4 of 4years filed
’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−38.2%
Months of reserve25.8mo
Revenue growth (annualized)−42.8%
Middle half of peersMedianAsian American
Where the money goes FY2024 · $26M spent
Programs$22M84%Management and general$3.9M15%Fundraising$166k1%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$6.3M in FY2023 and −$7.2M in FY2024. Cash covers 25.8 months, above the peer median of 3.2.
990 Part I and balance sheetIn its favor1
Strong governance
9 of 10 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VI54funders
$10Ma year, last 3 years
19%from its largest funder
Funder’21’22’23The Bank of America Charitable Foundation IncOn and off$1.0M$518The Kroger Co FoundationNew in FY2023$1.0MGeneral Atlantic FoundationSince FY2022$250k$275kJohn D and Catherine T Macarthur FoundationOn and off$300kAmerican Express FoundationNew in FY2023$130kThe Blackstone Charitable FoundationNew in FY2023$100kDonor-advised giftsDonors not disclosed$3.2M$15M$9.1M14 other fundersUp to $100k a year each$3k$83k$116k
FundedThrough a donor-advised fund