Asian District Cultural Association
EIN: 824706605 · Oklahoma City, OK · NTEE: A23
| Metric | Value |
|---|---|
| Total Revenue | $283K |
| Total Expenses | $173K |
| Net Assets | $88K |
Is Asian District Cultural Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Asian District Cultural Association
Asian District Cultural Association (EIN: 824706605) is a nonprofit organization based in Oklahoma City, OK, classified under NTEE code A23. The organization reported total revenue of $283K and total assets of $97K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Asian District Cultural Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Asian District Cultural Association is a small nonprofit that has been operating for 8 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 42.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $199K |
| Total Expenses | $173K |
| Surplus / Deficit | +$26K |
| Total Assets | $88K |
| Net Assets | $88K |
| Operating Margin | 12.9% |
| Months of Reserves | 6.1 months |
Financial Health Grade: A
In 2023, Asian District Cultural Association reported a surplus of $26K with revenue exceeding expenses, holds 6.1 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2018–2023), Asian District Cultural Association's revenue has grown at a compound annual growth rate (CAGR) of 42.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +57.4% | +89.3% | +41.4% |
| 2022 | +17.7% | -16.5% | +127.7% |
| 2021 | +131.1% | +167.9% | -7.1% |
| 2020 | +72.5% | +560.7% | +23.3% |
| 2019 | -20.6% | -80.0% | +695.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Asian District Cultural Association 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 District Cultural Association 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 $26K, with revenue exceeding expenses.
Frequently Asked Questions about Asian District Cultural Association
Is Asian District Cultural Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Asian District Cultural Association (EIN: 824706605) insufficient data. 0 red flags identified, 0 strengths noted.
How does Asian District Cultural Association spend its money?
Detailed spending breakdown data is not yet available for Asian District Cultural Association. Check back for updated IRS 990 analysis.
Are donations to Asian District Cultural Association tax-deductible?
Asian District Cultural Association is registered as a tax-exempt nonprofit (EIN: 824706605). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Asian District Cultural Association located?
Asian District Cultural Association is headquartered in Oklahoma City, Oklahoma and files with the IRS under EIN 824706605. It is classified under NTEE code A23.
How many years of IRS 990 filings does Asian District Cultural Association have?
Asian District Cultural Association has 6 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 $283K in total revenue.
Filing History
IRS 990 filing history for Asian District Cultural Association showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Asian District Cultural Association's revenue has grown by 486%, moving from $34K to $199K. Total assets increased by 2835.6% over the same period, from $3K to $88K. Total functional expenses rose by 459.6%, from $31K to $173K. In its most recent filing year (2023), Asian District Cultural Association reported a surplus of $26K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $199K | $173K | $88K | $0 | — | — |
| 2022 | $126K | $92K | $62K | $0 | — | View 990 |
| 2021 | $107K | $110K | $27K | $170 | — | — |
| 2020 | $46K | $41K | $29K | $0 | — | View 990 |
| 2019 | $27K | $6K | $24K | $0 | — | View 990 |
| 2018 | $34K | $31K | $3K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $199K, expenses of $173K, and assets of $88K (revenue +57.4% year-over-year).
- 2022: Revenue of $126K, expenses of $92K, and assets of $62K (revenue +17.7% year-over-year).
- 2021: Revenue of $107K, expenses of $110K, and assets of $27K (revenue +131.1% year-over-year).
- 2020: Revenue of $46K, expenses of $41K, and assets of $29K (revenue +72.5% year-over-year).
- 2019: Revenue of $27K, expenses of $6K, and assets of $24K (revenue -20.6% year-over-year).
- 2018: Revenue of $34K, expenses of $31K, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Asian District Cultural Association:
Data Sources and Methodology
This transparency report for Asian District Cultural Association 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.