Asian Community Development Council
EIN: 472438087 · Las Vegas, NV · NTEE: S20
| Metric | Value |
|---|---|
| Total Revenue | $6.3M |
| Total Expenses | $4.1M |
| Net Assets | $1.1M |
Is Asian Community Development Council Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Asian Community Development Council
Asian Community Development Council (EIN: 472438087) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code S20. The organization reported total revenue of $6.3M and total assets of $3.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Asian Community Development Council's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Asian Community Development Council is a mid-size nonprofit that has been operating for 11 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 42.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.1M |
| Total Expenses | $4.1M |
| Surplus / Deficit | +$82K |
| Total Assets | $3.4M |
| Total Liabilities | $2.3M |
| Net Assets | $1.1M |
| Operating Margin | 2.0% |
| Debt-to-Asset Ratio | 67.0% |
| Months of Reserves | 10.1 months |
Financial Health Grade: A
In 2023, Asian Community Development Council reported a surplus of $82K with revenue exceeding expenses, holds 10.1 months of operating reserves (strong position), has a debt-to-asset ratio of 67.0% (high leverage).
Financial Trends
Over 8 years of filings (2016–2023), Asian Community Development Council's revenue has grown at a compound annual growth rate (CAGR) of 42.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -28.7% | -26.6% | -4.8% |
| 2022 | +112.8% | +105.3% | +46.7% |
| 2021 | -12.6% | +3.1% | +27.6% |
| 2020 | +91.2% | +74.6% | +193.5% |
| 2019 | +22.6% | +15.1% | +41.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Asian Community Development Council has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Asian Community Development Council with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $82K, with revenue exceeding expenses.
- Debt-to-asset ratio: 67.0%.
Frequently Asked Questions about Asian Community Development Council
Is Asian Community Development Council a legitimate charity?
Asian Community Development Council (EIN: 472438087) is a registered tax-exempt nonprofit based in Nevada. It has 8 years of IRS 990 filings on record. Total revenue: $6.3M. No red flags identified. Financial health grade: A.
How does Asian Community Development Council spend its money?
Asian Community Development Council reported $6.3M in total revenue in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Asian Community Development Council tax-deductible?
Asian Community Development Council is registered as a tax-exempt nonprofit (EIN: 472438087). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Asian Community Development Council located?
Asian Community Development Council is headquartered in Las Vegas, Nevada and files with the IRS under EIN 472438087. It is classified under NTEE code S20.
How many years of IRS 990 filings does Asian Community Development Council have?
Asian Community Development Council has 8 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 $6.3M in total revenue.
Filing History
IRS 990 filing history for Asian Community Development Council showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Asian Community Development Council's revenue has grown by 1095.9%, moving from $346K to $4.1M. Total assets increased by 3287.9% over the same period, from $101K to $3.4M. Total functional expenses rose by 1223.7%, from $306K to $4.1M. In its most recent filing year (2023), Asian Community Development Council reported a surplus of $82K, with revenue exceeding expenses. The organization holds $2.3M in liabilities against $3.4M in assets (debt-to-asset ratio: 67.0%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.1M | $4.1M | $3.4M | $2.3M | — | — |
| 2022 | $5.8M | $5.5M | $3.6M | $2.5M | — | View 990 |
| 2021 | $2.7M | $2.7M | $2.5M | $1.7M | — | View 990 |
| 2020 | $3.1M | $2.6M | $1.9M | $1.2M | — | — |
| 2019 | $1.6M | $1.5M | $655K | $419K | — | View 990 |
| 2018 | $1.3M | $1.3M | $462K | $341K | — | View 990 |
| 2017 | $428K | $403K | $158K | $71K | — | View 990 |
| 2016 | $346K | $306K | $101K | $45K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.1M, expenses of $4.1M, and assets of $3.4M (revenue -28.7% year-over-year).
- 2022: Revenue of $5.8M, expenses of $5.5M, and assets of $3.6M (revenue +112.8% year-over-year).
- 2021: Revenue of $2.7M, expenses of $2.7M, and assets of $2.5M (revenue -12.6% year-over-year).
- 2020: Revenue of $3.1M, expenses of $2.6M, and assets of $1.9M (revenue +91.2% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.5M, and assets of $655K (revenue +22.6% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.3M, and assets of $462K (revenue +210.8% year-over-year).
- 2017: Revenue of $428K, expenses of $403K, and assets of $158K (revenue +23.7% year-over-year).
- 2016: Revenue of $346K, expenses of $306K, and assets of $101K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Asian Community Development Council:
Data Sources and Methodology
This transparency report for Asian Community Development Council 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.