Asian American Bar Assoc of the Greater Chgo Area
Nonprofit profile at a glance
- EIN
- 363611939
- IRS 990-EZ coverage
- 2012–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- Chicago, IL, USA
- Phone
- 3123305429
- Rating
- 63
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $56,281
- Expenses
- $22,375
- Assets
- $74,063
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- HUY NGUYEN (PRESIDENT)
- STEPHEN LEE (1ST VICE PRESIDENT)
- BELLE KATUBIG (2ND VICE PRESIDENT)
People named in this filing
- JOSEPH SUNG (OFFICER)
- HUY NGUYEN (PRESIDENT)
- STEPHEN LEE (1ST VICE PRESIDENT)
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
See schedule o
What it reported doing in 2024
To fulfill its objective in promoting growth and understanding among asian-american professionals about the legal environment in the USA.
Operating model
- Revenue model
- Other-operating. 96% of the money available for current operations came from other operating revenue.
- 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 - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 44
- Transparency & Controls: 82
- Sustainability: 81
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 28.4%; rating input score 28
- Program expense ratio: 71.5%; rating input score 72
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 60.2%; rating input score 94; 94th percentile among comparable filings
- Total-asset coverage ratio: 3.31; rating input score 77; 77th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 105.1% per year; rating input score 100; 98th percentile among comparable filings
- Revenue growth: 4.9% per year; rating input score 100; 71st percentile among comparable filings
- Asset growth: -0.3% per year; rating input score 0; 37th percentile among comparable filings
Details
- Where the money goes: 28.4% of revenue deployed · 71.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $16K in reported program spending
- Leadership: top reported pay $0 · 14 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 7 filing years from 2012 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 — Financial Efficiency: Mission deployment rate scored 28/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.