Asian-american Accounting Research and Development Foundation
Nonprofit profile at a glance
- EIN
- 330915159
- IRS 990-EZ coverage
- 2015–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2014
- Location
- Rowland Heights, CA, USA
- Phone
- 6268107030
- Rating confidence
- Limited
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $0
- Expenses
- $619
- Assets
- $44,218
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- KEVIN YEH (CEO)
People named in this filing
- TERESA WU (Secretary)
- EDWARD LEE (Chairman)
- KEVIN YEH (CEO)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
A. The activities of the organization include the following:1. Providing employment, career development and training services and workshops for persons with disadvantaged conditions because of race, background or verbal disabilities with particular emphasis on the Asian American community in Southern California (30%);2. Providing exchange student and intern and scholarship programs to assist in better understanding of cultures and persons from high school to college and post doctoral phases (30%);3. Conducting professional public discussion groups, lectures and workshop, publishing public interest or scientific materials, publishing educational newsletters, pamphlets, books or other material; Presenting seminars for technical exchange; Application of government financial assistance; Individual consultation, business mentoring program, etc. (20%);4. Aiding the Southern California Asian American community, exchanging information about resource, knowledge networks and centers of expertise
What it reported doing in 2024
The orgainzation provides accounting, finance and economic scholarship for asian-american students' gpa rank in top tenth of class (minimum gpa =3.00). Selection is basedd upon achievement and interest in accounting, financal and economic. It helps exchange student and intern in better understanding of western cultures.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Grant intermediary. The nonprofit sent 81% of its reported program spending out as grants.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 38
- Transparency & Controls: 82
- Sustainability: 36
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 71.43; rating input score 99; 99th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -4.1% per year; rating input score 0; 37th percentile among comparable filings
- Revenue growth: -1.4% per year; rating input score 0; 46th percentile among comparable filings
- Asset growth: 15.7% per year; rating input score 100; 82nd percentile among comparable filings
Details
- Where the money goes: 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $619 in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 8 filing years from 2015 to 2024
- 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.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.