National Coalition for Asian Pacific American Community Development

Nonprofit profile at a glance

EIN
912121566
IRS 990 coverage
2015–2024
Forms available
Form 990 2024
Location
Washington, DC, USA
Phone
2022232442
Rating
88
Verdict
STRONG
Rating confidence
Standard
Sector
Community Coalitions

Official website

Reported finances

Revenue
$7,667,941
Expenses
$9,555,751
Assets
$14,372,306
Liabilities
$2,021,220

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

Leadership & pay

23 people listed

Executive titles in this filing

  • Seema M Agnani (CEO)
  • Cindy C Wu (Chief Executive Officer)

Highest reported compensation

  • Seema M Agnani (CEO): $217,575 total reported compensation
  • Jennet M Sambour (Chief Finance & Operations Officer): $205,845 total reported compensation
  • Joyce Pisnanont (Chief Strategy & Impact Officer): $195,669 total reported compensation

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

Overview

Mission

National CAPACD advances equity and creates vibrant, healthy neighborhoods by mobilizing and strengthening a powerful coalition of community-based organizations working in low-income Asian American, Native Hawaiian, and Pacific Islander (AA and NHPI) communities.

What it reported doing in 2024

380: Neighborhood and Place-based Strategies - National CAPACD is building the capacity of trusted, culturally competent, and linguistically capable community-based organizations through a combination of group training and individualized technical assistance focused on business counseling and micro-lending practice, as well as training and peer learning opportunities related to planning and policy that support neighborhood economic stabilization. This body of work consists of three interrelated programs:(1) The Our Neighborhoods program supports member organizations in building community power through strategies such as tenant organizing, neighborhood organizing, and civic engagement.(2) The Small Business program builds capacity for member organizations engaged in small business counseling, lending, and district stabilization efforts. (3) National CAPACD's AA and NHPI Creative Placemaking Learning Circle engages organizations from across the country that center creative and culturally-aligned strategies for advancing equitable development in AA and NHPI communities. Partnering with artists, storytellers, and culture bearers, these organizations employ creative strategies that include supporting local businesses, planning and protecting public spaces and other cultural assets, and building community connections to encourage a deeper exploration of the neighborhood and promote economic development and community safety. (4) The Cultural Anchors Program was launched in Fall 2024. National CAPACD recognizes that our members often lack sustained funding or technical knowledge to preserve, protect and build their communities in a comprehensive way. The Cultural Anchors program offers sustained investment and peer technical assistance supports over three years to build the capacity of invited AA & NHPI-serving place-based organizations to advance comprehensive community development through the integration of small business district stabilization, community organizing, community planning, community real estate development, and creative placemaking.

Operating model

Revenue model
Donor-supported. 81% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 53% for direct work, and 47% for grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 90
  • Transparency & Controls: 88
  • Accountability: 95
  • Sustainability: 26
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 85%; rating input score 85
  • Fundraising efficiency: $16.6 raised per $1 spent on fundraising; rating input score 54; 54th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 17th percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 94.4%; rating input score 94; 29th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -24.6%; rating input score 5; 5th percentile among comparable filings
  • Total-asset coverage ratio: 1.5; rating input score 52; 52nd percentile among comparable filings
  • Liabilities to assets ratio: 0.14; rating input score 52; 52nd percentile among comparable filings
  • Officer compensation ratio: 13.9%; rating input score 21; 21st percentile among comparable filings

Growth

  • Program expense growth: 10.4% per year; rating input score 100; 65th percentile among comparable filings
  • Revenue growth: 14.7% per year; rating input score 100; 81st percentile among comparable filings
  • Asset growth: 23.2% per year; rating input score 100; 88th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 85% of spending went to programs
  • Governance: 15 of 15 board members independent · 8 of 9 filing controls reported
  • Programs: 10 filed program accomplishments · $8.1M in reported program spending
  • Leadership: top reported pay $218K · 23 people listed · 4 of 6 pay-setting controls reported
  • Consistency: 31 of 32 current checks pass · 1 finding to review
  • Schedules: 8 filed schedules · includes major donors, grants, executive pay, and related organizations
  • Filing history: 10 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Money network: 61 filed money-flow records
  • Related organizations: 54 filed related-organization links
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 5/100.
  • Review — Financial Efficiency: Fundraising efficiency scored 54/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 52/100.
  • High — Sustainability: Officer compensation ratio scored 21/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Review — Sustainability: Liabilities to assets ratio scored 52/100.