Association of Chinese American Physicians USA Inc

Nonprofit profile at a glance

EIN
261618284
IRS 990 coverage
2015–2024
Forms available
Form 990 2024, Form 990-EZ 2021
Location
Flushing, NY, USA
Phone
7183218798
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Adult, Continuing Education

Official website

Reported finances

Revenue
$498,501
Expenses
$413,951
Assets
$504,554
Liabilities
$9,079

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

Leadership & pay

38 people listed

Executive titles in this filing

  • JIN LI (CEO)
  • ZIQIANG ZHU (President)
  • YULIN WANG (Vice President)

People named in this filing

  • JIN LI (CEO)
  • ZIQIANG ZHU (President)
  • LINLE HOU (BOARD MEMBER)

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

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To foster programs that enable physicians to form a professional community in the practice of medicine, provide opportunities for physicians to participate in the governance and decision-making of health care policies that affect the communities that they serve, promote and develop a cooperative working relationship among physicians, and provide opportunities for physician education and professional development.

What it reported doing in 2024

Association of Chinese American Physicians(ACAP) hosts annual scientific convention. Each year our convention features an outstanding Continuing Medical Education(CME) program including updates and innovations in medicine.Annual gala and holiday celebrations are joyful social gathering for our members, families, colleagues, and friends. Special guests and outstanding healthcare professionals are honored and awarded for their professional achievement and participation in community services.Annual Summer and Winter CME Trip provide our members and their families opportunities to relax and enjoy the life outside their medical practice.Annual Practice Management meeting with focus on clinical outcomes, medical jurisprudence, office coding and billing, accounting basics, marketing and electronic health records. To foster the love of Science and Biomedicine in the younger generations, ACAP had established an annual Science Fair for high school and middle school students to showcase their research projects. Many of our finalists and semi-finalists are accepted into top universities and/or receive awards from other nationally recognized science competitions.Community Health Fair featuring free health education talks, one on one physician consultation and health screening provided by many local hospitals is held annually for over 10 years in Flushing Chinese Community.To help improving healthcare awareness in Chinese Community, ACAP launched Community Health Education Partnership (CHEP) in 2014 to host monthly educational talks at local library and senior centers.Arrangement of mock interviews for the Chinese Medical Graduates who have completed USMLE exam and applying for residency training. This program has been very successful to help the candidate to prepare for their residency interview.Establishment of Observership Program in both inpatient and outpatient settings for Chinese Medical Graduates to gain US clinical experience and get familiar with US Health Care System.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 96% 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 most voting board members are independent. A relatively small share of available resources goes toward mission work and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 53
  • Transparency & Controls: 82
  • Accountability: 94
  • Sustainability: 59
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 53.7%; rating input score 54
  • Program expense ratio: 63.7%; rating input score 64
  • Fundraising efficiency: $3.88 raised per $1 spent on fundraising; rating input score 17; 17th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 19th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 70.5%; rating input score 70; 46th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 7 controls in place; rating input score 86
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 17%; rating input score 70; 70th percentile among comparable filings
  • Total-asset coverage ratio: 1.22; rating input score 46; 46th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 41; 41st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: -0.5% per year; rating input score 0; 28th percentile among comparable filings
  • Revenue growth: 2.9% per year; rating input score 100; 40th percentile among comparable filings
  • Asset growth: 8.6% per year; rating input score 100; 61st percentile among comparable filings

Details

  • Where the money goes: 53.7% of revenue deployed · 63.7% of spending went to programs
  • Governance: 9 of 9 board members independent · 6 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $264K in reported program spending
  • Leadership: top reported pay $0 · 38 people listed
  • Consistency: 22 of 23 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 9 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 54/100.
  • High — Financial Efficiency: Fundraising efficiency scored 17/100.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 46/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Moderate — Sustainability: Liabilities to assets ratio scored 41/100.