Alliance for Impact Inc

Nonprofit profile at a glance

EIN
852248898
IRS 990-EZ coverage
2021–2022
Forms available
Form 990-EZ 2022, Form 990-N 2020
Location
New York, NY, USA
Phone
9148267668
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Cultural, Ethnic Awareness

Official website

Reported finances

Revenue
$159,051
Expenses
$200,070
Assets
$71,138
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • Ping Yang (President)

People named in this filing

  • Xiaohong Huang (Founder and Chairman)
  • Monica Orellana (Treasurer)
  • Jie Zhao (Chief Marketing Officer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our Mission: To empower Asian Americans to make positive impacts in all areas of society through knowledge sharing, collaboration, and cross-cultural communication. Our Vision: We inspire and convene people to drive changes and make a positive impact on a world with equal opportunities regardless of gender, racial, or cultural differences.

What it reported doing in 2022

Youth Community and Finance Literacy Education Program: $35,000 Post-Covid Mental Health Support and Parenting Workshops: $25,000 Asian Career Coaching Workshops: $35,000 Anti-Asian Hate Advocacy: $15,000 Pandemic Health and Medical Support: $3,152

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of total spending goes to programs and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 66
  • Transparency & Controls: 82
  • Sustainability: 27
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 71.1%; rating input score 71
  • Program expense ratio: 56.6%; rating input score 57

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -25.8%; rating input score 6; 6th percentile among comparable filings
  • Total-asset coverage ratio: 0.36; rating input score 27; 27th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 78; 78th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 64; 64th percentile among comparable filings

Growth

  • Program expense growth: 126.8% per year; rating input score 100; 98th percentile among comparable filings
  • Revenue growth: -2% per year; rating input score 0; 19th percentile among comparable filings
  • Asset growth: -56.5% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 71.1% of revenue deployed · 56.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $113K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2021 to 2022
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Review — Financial Efficiency: Program expense ratio scored 57/100.
  • High — Sustainability: Operating margin scored 6/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 27/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.