Asian-american Social Welfare Foundation

Nonprofit profile at a glance

EIN
271674704
IRS 990-EZ coverage
2011–2024
Forms available
Form 990-EZ 2024
Location
Arcadia, CA, USA
Phone
6264431883
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Cultural, Ethnic Awareness

Reported finances

Revenue
$5,250
Expenses
$3,187
Assets
$28,481

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

People named in this filing

  • CHIOU HSIEN KUO (Director)
  • SHIRLEY YU (Director)
  • SHUN HSING LU (Director)

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 medical care, mental rehabilitation, child welfare, family therapy, school guidance, and geriatric care with particular emphasis on the Taiwanese American community in Southern California (60%)2. Aiding the Southern California Taiwanese American community, consist of individual counseling, group work, family therapy, community organization and development, administration and management, social policy and legislative action. (40%)b. Upon formation, each activity will be initiated subject to the availability of funds and pro bonoassistance of volunteers.c. The activity will be conducted by directors and officers of corporation or volunteers at the headquarter.

What it reported doing in 2024

The organization is going to emphasize the source of income on two partsa. Charitable donation from the public group and individual donorsIn its initial stage of operations, the organization will hold fund raising dinners and use volunteers fund raiser activities to the public groups.b. Looking for the investment from some interested businessesOn the other hand, the organization also invites the different businesses who may interest in this welfare foundation.

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
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 program spending has grown recently. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 49
  • Transparency & Controls: 82
  • Sustainability: 74
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 39.3%; rating input score 39
  • Program expense ratio: 64.7%; rating input score 65

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 39.3%; rating input score 87; 87th percentile among comparable filings
  • Total-asset coverage ratio: 8.94; rating input score 91; 91st 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: 16.4% per year; rating input score 100; 79th percentile among comparable filings
  • Revenue growth: 19.5% per year; rating input score 100; 90th percentile among comparable filings
  • Asset growth: 23.3% per year; rating input score 100; 88th percentile among comparable filings

Details

  • Where the money goes: 39.3% of revenue deployed · 64.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $2K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 11 filing years from 2011 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 39/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.