National Asian & Pacific Islander American Chamber Of Commerce & Ent
EIN: 462071116 · Washington, DC · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $2.7M |
| Total Expenses | $2.2M |
| Net Assets | $1.6M |
Is National Asian & Pacific Islander American Chamber Of Commerce & Ent Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About National Asian & Pacific Islander American Chamber Of Commerce & Ent
National Asian & Pacific Islander American Chamber Of Commerce & Ent (EIN: 462071116) is a nonprofit organization based in Washington, DC, classified under NTEE code S41. The organization reported total revenue of $2.7M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Asian & Pacific Islander American Chamber Of Commerce & Ent's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Asian & Pacific Islander American Chamber Of Commerce & Ent is a mid-size nonprofit that has been operating for 12 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 38.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $2.2M |
| Surplus / Deficit | $-127,811 |
| Total Assets | $1.7M |
| Total Liabilities | $120K |
| Net Assets | $1.6M |
| Operating Margin | -6.2% |
| Debt-to-Asset Ratio | 6.9% |
| Months of Reserves | 9.5 months |
Financial Health Grade: B
In 2023, National Asian & Pacific Islander American Chamber Of Commerce & Ent reported a deficit of $128K with expenses exceeding revenue, holds 9.5 months of operating reserves (strong position), has a debt-to-asset ratio of 6.9% (very low leverage).
Financial Trends
Over 6 years of filings (2018–2023), National Asian & Pacific Islander American Chamber Of Commerce & Ent's revenue has grown at a compound annual growth rate (CAGR) of 38.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -24.2% | -22.4% | -13.1% |
| 2022 | -14.6% | +78.0% | +2.9% |
| 2021 | +194.7% | +69.8% | +564.8% |
| 2020 | +109.5% | +71.9% | +129.9% |
| 2019 | +26.4% | +20.0% | -31.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for National Asian & Pacific Islander American Chamber Of Commerce & Ent 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 National Asian & Pacific Islander American Chamber Of Commerce & Ent 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 $128K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.9%.
Frequently Asked Questions about National Asian & Pacific Islander American Chamber Of Commerce & Ent
Is National Asian & Pacific Islander American Chamber Of Commerce & Ent a legitimate charity?
National Asian & Pacific Islander American Chamber Of Commerce & Ent (EIN: 462071116) is a registered tax-exempt nonprofit based in Washington DC. It has 6 years of IRS 990 filings on record. Total revenue: $2.7M. No red flags identified. Financial health grade: B.
How does National Asian & Pacific Islander American Chamber Of Commerce & Ent spend its money?
National Asian & Pacific Islander American Chamber Of Commerce & Ent reported $2.7M in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to National Asian & Pacific Islander American Chamber Of Commerce & Ent tax-deductible?
National Asian & Pacific Islander American Chamber Of Commerce & Ent is registered as a tax-exempt nonprofit (EIN: 462071116). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is National Asian & Pacific Islander American Chamber Of Commerce & Ent located?
National Asian & Pacific Islander American Chamber Of Commerce & Ent is headquartered in Washington, Washington DC and files with the IRS under EIN 462071116. It is classified under NTEE code S41.
How many years of IRS 990 filings does National Asian & Pacific Islander American Chamber Of Commerce & Ent have?
National Asian & Pacific Islander American Chamber Of Commerce & Ent 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 $2.7M in total revenue.
Filing History
IRS 990 filing history for National Asian & Pacific Islander American Chamber Of Commerce & Ent showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), National Asian & Pacific Islander American Chamber Of Commerce & Ent's revenue has grown by 405.2%, moving from $408K to $2.1M. Total assets increased by 838.3% over the same period, from $184K to $1.7M. Total functional expenses rose by 383.8%, from $452K to $2.2M. In its most recent filing year (2023), National Asian & Pacific Islander American Chamber Of Commerce & Ent reported a deficit of $128K, with expenses exceeding revenue. The organization holds $120K in liabilities against $1.7M in assets (debt-to-asset ratio: 6.9%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $2.2M | $1.7M | $120K | — | View 990 |
| 2022 | $2.7M | $2.8M | $2.0M | $255K | — | View 990 |
| 2021 | $3.2M | $1.6M | $1.9M | $95K | — | View 990 |
| 2020 | $1.1M | $933K | $290K | $53K | — | — |
| 2019 | $516K | $543K | $126K | $36K | — | View 990 |
| 2018 | $408K | $452K | $184K | $66K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $2.2M, and assets of $1.7M (revenue -24.2% year-over-year).
- 2022: Revenue of $2.7M, expenses of $2.8M, and assets of $2.0M (revenue -14.6% year-over-year).
- 2021: Revenue of $3.2M, expenses of $1.6M, and assets of $1.9M (revenue +194.7% year-over-year).
- 2020: Revenue of $1.1M, expenses of $933K, and assets of $290K (revenue +109.5% year-over-year).
- 2019: Revenue of $516K, expenses of $543K, and assets of $126K (revenue +26.4% year-over-year).
- 2018: Revenue of $408K, expenses of $452K, and assets of $184K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for National Asian & Pacific Islander American Chamber Of Commerce & Ent:
Data Sources and Methodology
This transparency report for National Asian & Pacific Islander American Chamber Of Commerce & Ent 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.