Asian Cultural Foundation
Nonprofit profile at a glance
- EIN
- 923311448
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024
- Location
- San Jose, CA, USA
- Phone
- 5105857620
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Dance
Reported finances
- Revenue
- $19,724
- Expenses
- $16,000
- Assets
- $5,757
- Liabilities
- $3,445
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- YE FENG (CEO)
People named in this filing
- YE FENG (CEO)
- JINGJING LIU (CFO)
- SHUO YANG (Secretary)
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
In the multicultural environment of San Francisco Bay Area, ASian Cultural Foundation aims to organize and create cultural, art, exhibition, festival, and educational events to promote understanding and respect between oriental and western cultural, via cultural exhcnage activites, fellowships, and international dialogues, Asian Cultrual Foundation hopes to support inspiring a more open and peaceful world.
What it reported doing in 2024
Organize dance performance for young people in the bay area to promote the Asian cultural and art amoung different groups.
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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 70
- Transparency & Controls: 82
- Sustainability: 48
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 64.1%; rating input score 64
- Program expense ratio: 79.1%; rating input score 79
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 18.9%; rating input score 72; 72nd percentile among comparable filings
- Total-asset coverage ratio: 0.36; rating input score 24; 24th percentile among comparable filings
- Liabilities to assets ratio: 0.6; rating input score 8; 8th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 101.1% per year; rating input score 100; 97th percentile among comparable filings
- Revenue growth: 127.1% per year; rating input score 100; 99th percentile among comparable filings
- Asset growth: 69.2% per year; rating input score 100; 97th percentile among comparable filings
Details
- Where the money goes: 64.1% of revenue deployed · 79.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $13K 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: 2 filing years from 2023 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Total-asset coverage ratio scored 24/100.
- High — Sustainability: Liabilities to assets ratio scored 8/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- Review — Grant Readiness: California registration: this organization could not be resolved against the register, so the check is unfinished.