The Asian Real Estate Aso of Am Edu Fndt
Nonprofit profile at a glance
- EIN
- 271944682
- IRS 990-EZ coverage
- 2015–2024
- Forms available
- Form 990 2013, Form 990-EZ 2024
- Location
- San Diego, CA, USA
- Phone
- 7609189162
- Rating
- 52
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Adult, Continuing Education
Reported finances
- Revenue
- $43,351
- Expenses
- $69,722
- Assets
- $160,295
- Liabilities
- $23,919
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Vincent Humphrey (President)
- Vicky Silvano (Vice President)
People named in this filing
- Vincent Humphrey (President)
- Rela Manigasa (Treasurer Past)
- Vicky Silvano (Vice President)
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
Provide Leadership Training
What it reported doing in 2024
Grant educational scholarships aimed at developing future leaders within the Asian real estate and housing community and to increase sustainable home ownership among traditionally
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- 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
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 30
- Transparency & Controls: 82
- Sustainability: 34
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 34.6%; rating input score 35
- Program expense ratio: 21.5%; rating input score 22
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -60.8%; rating input score 11; 11th percentile among comparable filings
- Total-asset coverage ratio: 2.3; rating input score 68; 68th percentile among comparable filings
- Liabilities to assets ratio: 0.15; rating input score 15; 15th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -24.7% per year; rating input score 0; 15th percentile among comparable filings
- Revenue growth: 0.3% per year; rating input score 100; 53rd percentile among comparable filings
- Asset growth: -3.7% per year; rating input score 0; 27th percentile among comparable filings
Details
- Where the money goes: 34.6% of revenue deployed · 21.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $15K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 7 of 8 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 8 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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 35/100.
- High — Financial Efficiency: Program expense ratio scored 22/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- High — Sustainability: Operating margin scored 11/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 15/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.