Monsoon Asians & Pacific Islanders In Solidarity
EIN: 352297207 · Des Moines, IA · NTEE: P84
| Metric | Value |
|---|---|
| Total Revenue | $2.9M |
| Total Expenses | $5.8M |
| Net Assets | $1.0M |
Is Monsoon Asians & Pacific Islanders In Solidarity Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Monsoon Asians & Pacific Islanders In Solidarity
Monsoon Asians & Pacific Islanders In Solidarity (EIN: 352297207) is a nonprofit organization based in Des Moines, IA, classified under NTEE code P84. The organization reported total revenue of $2.9M and total assets of $4.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Monsoon Asians & Pacific Islanders In Solidarity's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Monsoon Asians & Pacific Islanders In Solidarity is a mid-size nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 18.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.7M |
| Total Expenses | $5.8M |
| Surplus / Deficit | $-3,154,476 |
| Total Assets | $1.2M |
| Total Liabilities | $203K |
| Net Assets | $1.0M |
| Operating Margin | -118.1% |
| Debt-to-Asset Ratio | 16.3% |
| Months of Reserves | 2.6 months |
Financial Health Grade: C
In 2023, Monsoon Asians & Pacific Islanders In Solidarity reported a deficit of $3.2M with expenses exceeding revenue, holds 2.6 months of operating reserves (limited), has a debt-to-asset ratio of 16.3% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2023), Monsoon Asians & Pacific Islanders In Solidarity's revenue has grown at a compound annual growth rate (CAGR) of 18.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.7% | +131.3% | -70.8% |
| 2022 | -43.6% | +46.2% | +9.2% |
| 2021 | +1752.4% | +362.8% | +660.6% |
| 2020 | -82.8% | -74.5% | -17.4% |
| 2020 | -14.7% | -7.9% | +19.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Monsoon Asians & Pacific Islanders In Solidarity 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 Monsoon Asians & Pacific Islanders In Solidarity 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 deficit of $3.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 16.3%.
Frequently Asked Questions about Monsoon Asians & Pacific Islanders In Solidarity
Is Monsoon Asians & Pacific Islanders In Solidarity a legitimate charity?
Monsoon Asians & Pacific Islanders In Solidarity (EIN: 352297207) is a registered tax-exempt nonprofit based in Iowa. It has 14 years of IRS 990 filings on record. Total revenue: $2.9M. No red flags identified. Financial health grade: C.
How does Monsoon Asians & Pacific Islanders In Solidarity spend its money?
Monsoon Asians & Pacific Islanders In Solidarity reported $2.9M in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Monsoon Asians & Pacific Islanders In Solidarity tax-deductible?
Monsoon Asians & Pacific Islanders In Solidarity is registered as a tax-exempt nonprofit (EIN: 352297207). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Monsoon Asians & Pacific Islanders In Solidarity located?
Monsoon Asians & Pacific Islanders In Solidarity is headquartered in Des Moines, Iowa and files with the IRS under EIN 352297207. It is classified under NTEE code P84.
How many years of IRS 990 filings does Monsoon Asians & Pacific Islanders In Solidarity have?
Monsoon Asians & Pacific Islanders In Solidarity 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 $2.9M in total revenue.
Filing History
IRS 990 filing history for Monsoon Asians & Pacific Islanders In Solidarity showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Monsoon Asians & Pacific Islanders In Solidarity's revenue has grown by 630.9%, moving from $366K to $2.7M. Total assets increased by 3684.3% over the same period, from $33K to $1.2M. Total functional expenses rose by 1475.7%, from $370K to $5.8M. In its most recent filing year (2023), Monsoon Asians & Pacific Islanders In Solidarity reported a deficit of $3.2M, with expenses exceeding revenue. The organization holds $203K in liabilities against $1.2M in assets (debt-to-asset ratio: 16.3%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.7M | $5.8M | $1.2M | $203K | — | — |
| 2022 | $2.9M | $2.5M | $4.3M | $56K | — | View 990 |
| 2021 | $5.1M | $1.7M | $3.9M | $43K | — | View 990 |
| 2020 | $274K | $372K | $512K | $16K | — | View 990 |
| 2020 | $1.6M | $1.5M | $620K | $26K | — | View 990 |
| 2019 | $1.9M | $1.6M | $517K | $62K | — | View 990 |
| 2018 | $1.3M | $1.3M | $363K | $196K | — | View 990 |
| 2017 | $1.2M | $1.2M | $246K | $110K | — | View 990 |
| 2016 | $865K | $837K | $314K | $168K | — | View 990 |
| 2015 | $629K | $601K | $120K | $47K | — | View 990 |
| 2014 | $663K | $668K | $151K | $113K | — | View 990 |
| 2013 | $522K | $518K | $62K | $39K | — | View 990 |
| 2012 | $336K | $338K | $29K | $17K | — | View 990 |
| 2011 | $366K | $370K | $33K | $18K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.7M, expenses of $5.8M, and assets of $1.2M (revenue -6.7% year-over-year).
- 2022: Revenue of $2.9M, expenses of $2.5M, and assets of $4.3M (revenue -43.6% year-over-year).
- 2021: Revenue of $5.1M, expenses of $1.7M, and assets of $3.9M (revenue +1752.4% year-over-year).
- 2020: Revenue of $274K, expenses of $372K, and assets of $512K (revenue -82.8% year-over-year).
- 2020: Revenue of $1.6M, expenses of $1.5M, and assets of $620K (revenue -14.7% year-over-year).
- 2019: Revenue of $1.9M, expenses of $1.6M, and assets of $517K (revenue +39.7% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.3M, and assets of $363K (revenue +11.9% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.2M, and assets of $246K (revenue +38.5% year-over-year).
- 2016: Revenue of $865K, expenses of $837K, and assets of $314K (revenue +37.4% year-over-year).
- 2015: Revenue of $629K, expenses of $601K, and assets of $120K (revenue -5.1% year-over-year).
- 2014: Revenue of $663K, expenses of $668K, and assets of $151K (revenue +27.0% year-over-year).
- 2013: Revenue of $522K, expenses of $518K, and assets of $62K (revenue +55.5% year-over-year).
- 2012: Revenue of $336K, expenses of $338K, and assets of $29K (revenue -8.2% year-over-year).
- 2011: Revenue of $366K, expenses of $370K, and assets of $33K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Monsoon Asians & Pacific Islanders In Solidarity:
Data Sources and Methodology
This transparency report for Monsoon Asians & Pacific Islanders In Solidarity 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.