National Association of Asian American Professionals-philadelphi

Nonprofit profile at a glance

EIN
201600824
IRS 990-EZ coverage
2020–2024
Forms available
Form 990-EZ 2024, Form 990-N 2018
Location
Bensalem, PA, USA
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Centers to Support the Independence of Specific Populations

Reported finances

Revenue
$76,237
Expenses
$44,654
Assets
$150,756

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

Leadership & pay

6 people listed

Executive titles in this filing

  • Ping Cao (President)

People named in this filing

  • David Chan (Board Chair)
  • Alice Fei (Board Member)
  • Peggy Kelly (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-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

National Association of Asian American Professionals is a professional development membership organization. An all-volunteer Pan-Asian American professional organization that promotes the career advancement and leadership development of Asian American professionals in all fields through networking promoting Asian multiculturalism and supporting diversity and community service. Starting in 2019 NAAAP Philadelphia has dedicated an event to support other local charities. This charitable effort will continue going forward and will be an established program with the organization.

What it reported doing in 2024

The National Association of Asian American Professionals Philadelphia NAAAP Philadelphia strives to cultivate and develop the leaders of tomorrow. We created this scholarship in 2010 to recognize and reward Asian American students in the Philadelphia region who have demonstrated strong leadership potential. As Asian American becomes the fastest-growing ethnic minority group in the U.S. we firmly believe that leadership and the drive and ability to generate positive social impact will become a critical element for the betterment of our community at large.

Operating model

Revenue model
Other-operating. 88% of the money available for current operations came from other operating revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 82
  • Sustainability: 71
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 73.6%; rating input score 74
  • 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: 41.4%; rating input score 88; 88th percentile among comparable filings
  • Total-asset coverage ratio: 3.38; rating input score 77; 77th 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: 15.7% per year; rating input score 100; 79th percentile among comparable filings
  • Revenue growth: -3.7% per year; rating input score 0; 38th percentile among comparable filings
  • Asset growth: 12.5% per year; rating input score 100; 77th percentile among comparable filings

Details

  • Where the money goes: 73.6% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $56K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 6 of 7 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2020 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 — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.