Asian Americans For Equality Inc
Asian Americans For Equality Inc. shows consistent asset growth and increasing revenue, with periods of expenses exceeding revenue.
EIN: 133187792 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $21.1M |
| Total Expenses | $9.8M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $10 |
| Net Assets | $8.2M |
| Transparency Score | 75/100 |
Is Asian Americans For Equality Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Asian Americans For Equality Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Asian Americans For Equality Inc
Asian Americans For Equality Inc (EIN: 133187792) is a nonprofit organization based in New York, NY. The organization reported total revenue of $21.1M and total assets of $24.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Asian Americans For Equality Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Asian Americans For Equality Inc is a large nonprofit that has been operating for 40 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 10.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10.9M |
| Total Expenses | $9.8M |
| Surplus / Deficit | +$1.1M |
| Total Assets | $28.0M |
| Total Liabilities | $19.7M |
| Net Assets | $8.2M |
| Operating Margin | 9.7% |
| Debt-to-Asset Ratio | 70.6% |
| Months of Reserves | 34.1 months |
Financial Health Grade: A
In 2023, Asian Americans For Equality Inc reported a surplus of $1.1M with revenue exceeding expenses, holds 34.1 months of operating reserves (strong position), has a debt-to-asset ratio of 70.6% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Asian Americans For Equality Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.9% | +11.4% | -11.8% |
| 2022 | +37.9% | +20.9% | +19.2% |
| 2021 | +17.9% | -12.6% | +5.6% |
| 2020 | +15.3% | +12.0% | +9.6% |
| 2019 | -0.2% | +4.3% | +13.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Asian Americans For Equality Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Asian Americans For Equality Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 70.6%.
Executive Compensation Analysis
The provided data consistently reports 0% officer compensation across all filings, which is unusual for an organization of this size with over $10 million in annual revenue and $27 million in assets. This suggests that executive compensation may be reported under other expense categories or is not disclosed in the 'Officer Comp' field, requiring a deeper dive into the full IRS 990 forms for clarity.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Asian Americans For Equality Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and warrants further investigation into executive compensation disclosure.
- Multiple years where expenses exceeded revenue (e.g., 2020, 2019, 2018, 2017, 2014), indicating potential reliance on reserves or fluctuating financial performance.
- Lack of detailed spending breakdown (program, admin, fundraising) in the provided summary data, making it difficult to fully assess spending efficiency.
Strengths
The following positive indicators were identified for Asian Americans For Equality Inc:
- Significant revenue growth, more than doubling from $5.04 million in 2014 to $10.89 million in 2023, indicating increasing support and operational scale.
- Consistent growth in assets, from $10.49 million in 2014 to $27.97 million in 2023, demonstrating a strong and expanding financial base.
- Positive net assets maintained over the decade, growing from $6.5 million in 2014 to $8.2 million in 2023, indicating financial stability.
- History of 14 IRS 990 filings, suggesting consistent compliance with reporting requirements.
Frequently Asked Questions about Asian Americans For Equality Inc
Is Asian Americans For Equality Inc a legitimate charity?
Asian Americans For Equality Inc (EIN: 133187792) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 14 years of IRS 990 filings on record. Total revenue: $21.1M. 3 red flags identified. 4 strengths noted. Financial health grade: A.
How does Asian Americans For Equality Inc spend its money?
Asian Americans For Equality Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Asian Americans For Equality Inc tax-deductible?
Asian Americans For Equality Inc is registered as a tax-exempt nonprofit (EIN: 133187792). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Asian Americans For Equality Inc CEO make?
Asian Americans For Equality Inc's highest-compensated officer earns $10 annually. The organization reported $21.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Asian Americans For Equality Inc's spending goes to programs?
Asian Americans For Equality Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Asian Americans For Equality Inc located?
Asian Americans For Equality Inc is headquartered in New York, New York and files with the IRS under EIN 133187792.
How many years of IRS 990 filings does Asian Americans For Equality Inc have?
Asian Americans For Equality Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $21.1M in total revenue.
How is executive compensation structured and reported if 'Officer Comp' is consistently 0%?
The consistent 0% officer compensation reported in the summary data is highly unusual for an organization of this scale. It suggests that executive salaries might be categorized under other expense lines (e.g., program or administrative salaries) or that the provided summary data does not capture the full compensation details found in Schedule J of the IRS Form 990. A review of the full 990 forms would be necessary to understand how executive compensation is handled.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. While the organization's overall expenses are available, a granular view is essential to assess spending efficiency and ensure a high percentage of funds are directed towards its mission. This information would typically be found in Part IX of the IRS Form 990.
What caused the periods where expenses exceeded revenue (e.g., 2020, 2019, 2018, 2017, 2014)?
In several years, such as 2020 ($8.35M expenses vs. $7.11M revenue) and 2019 ($7.46M expenses vs. $6.17M revenue), the organization spent more than it earned. This could be due to strategic investments, timing differences in grant receipts, or operational deficits. Understanding the reasons behind these deficits is important for evaluating financial management and sustainability.
What is the organization's NTEE code and how does it align with its stated mission?
The NTEE code for Asian Americans For Equality Inc. is listed as 'Unknown' in the provided data. Knowing the NTEE code helps classify the organization's primary activities and allows for comparison with peer organizations. Clarifying this code would provide better context for its mission and operational focus.
Filing History
IRS 990 filing history for Asian Americans For Equality Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Asian Americans For Equality Inc's revenue has grown by 253.9%, moving from $3.1M to $10.9M. Total assets increased by 320% over the same period, from $6.7M to $28.0M. Total functional expenses rose by 261.9%, from $2.7M to $9.8M. In its most recent filing year (2023), Asian Americans For Equality Inc reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $19.7M in liabilities against $28.0M in assets (debt-to-asset ratio: 70.6%), resulting in net assets of $8.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10.9M | $9.8M | $28.0M | $19.7M | — | View 990 |
| 2022 | $11.6M | $8.8M | $31.7M | $21.7M | — | View 990 |
| 2021 | $8.4M | $7.3M | $26.6M | $19.3M | — | View 990 |
| 2020 | $7.1M | $8.4M | $25.2M | $18.9M | — | View 990 |
| 2019 | $6.2M | $7.5M | $23.0M | $18.6M | — | View 990 |
| 2018 | $6.2M | $7.2M | $20.3M | $14.6M | — | View 990 |
| 2017 | $6.6M | $7.5M | $21.9M | $14.9M | — | View 990 |
| 2016 | $6.4M | $5.9M | $11.6M | $4.0M | — | View 990 |
| 2015 | $5.4M | $5.1M | $10.2M | $3.5M | — | View 990 |
| 2014 | $5.0M | $5.2M | $10.5M | $4.0M | — | View 990 |
| 2013 | $4.2M | $3.6M | $9.7M | $3.0M | — | View 990 |
| 2012 | $3.8M | $3.3M | $7.5M | $1.4M | — | View 990 |
| 2011 | $3.7M | $3.5M | $7.2M | $1.5M | — | View 990 |
| 2010 | $3.1M | $2.7M | $6.7M | $1.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10.9M, expenses of $9.8M, and assets of $28.0M (revenue -5.9% year-over-year).
- 2022: Revenue of $11.6M, expenses of $8.8M, and assets of $31.7M (revenue +37.9% year-over-year).
- 2021: Revenue of $8.4M, expenses of $7.3M, and assets of $26.6M (revenue +17.9% year-over-year).
- 2020: Revenue of $7.1M, expenses of $8.4M, and assets of $25.2M (revenue +15.3% year-over-year).
- 2019: Revenue of $6.2M, expenses of $7.5M, and assets of $23.0M (revenue -0.2% year-over-year).
- 2018: Revenue of $6.2M, expenses of $7.2M, and assets of $20.3M (revenue -6.6% year-over-year).
- 2017: Revenue of $6.6M, expenses of $7.5M, and assets of $21.9M (revenue +3.1% year-over-year).
- 2016: Revenue of $6.4M, expenses of $5.9M, and assets of $11.6M (revenue +18.8% year-over-year).
- 2015: Revenue of $5.4M, expenses of $5.1M, and assets of $10.2M (revenue +7.2% year-over-year).
- 2014: Revenue of $5.0M, expenses of $5.2M, and assets of $10.5M (revenue +20.9% year-over-year).
- 2013: Revenue of $4.2M, expenses of $3.6M, and assets of $9.7M (revenue +10.8% year-over-year).
- 2012: Revenue of $3.8M, expenses of $3.3M, and assets of $7.5M (revenue +2.2% year-over-year).
- 2011: Revenue of $3.7M, expenses of $3.5M, and assets of $7.2M (revenue +19.6% year-over-year).
- 2010: Revenue of $3.1M, expenses of $2.7M, and assets of $6.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Asian Americans For Equality Inc:
Data Sources and Methodology
This transparency report for Asian Americans For Equality Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.