National Association Of Asian American Professionals Inc
National Association Of Asian American Professionals Inc shows strong revenue growth and zero officer compensation.
EIN: 113490724 · Lawrenceville, GA · NTEE: B99 · Updated: 2026-03-28
Is National Association Of Asian American Professionals Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
National Association Of Asian American Professionals Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About National Association Of Asian American Professionals Inc
National Association Of Asian American Professionals Inc (EIN: 113490724) is a nonprofit organization based in Lawrenceville, GA, classified under NTEE code B99. The organization reported total revenue of $720K and total assets of $596K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Association Of Asian American Professionals Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Association Of Asian American Professionals Inc is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $911K |
| Surplus / Deficit | +$136K |
| Total Assets | $814K |
| Total Liabilities | $239K |
| Net Assets | $574K |
| Operating Margin | 13.0% |
| Debt-to-Asset Ratio | 29.4% |
| Months of Reserves | 10.7 months |
Financial Health Grade: A
In 2023, National Association Of Asian American Professionals Inc reported a surplus of $136K with revenue exceeding expenses, holds 10.7 months of operating reserves (strong position), has a debt-to-asset ratio of 29.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), National Association Of Asian American Professionals Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +93.5% | +71.4% | +16.5% |
| 2022 | +22.5% | +124.4% | +43.4% |
| 2021 | +86.3% | +53.6% | +61.5% |
| 2020 | -55.1% | -70.5% | +24.0% |
| 2019 | +20.8% | +8.5% | -31.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 National Association Of Asian American Professionals Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, National Association Of Asian American Professionals Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $136K, with revenue exceeding expenses.
- Debt-to-asset ratio: 29.4%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for an organization of its size with over $1 million in annual revenue.
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.
Strengths
The following positive indicators were identified for National Association Of Asian American Professionals Inc:
- Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds.
- Strong revenue growth, increasing from $236,796 in 2020 to $1,046,265 in 2023.
- Healthy asset growth, with assets increasing from $301,437 in 2020 to $813,780 in 2023.
- Positive net income in most recent years, demonstrating financial sustainability (e.g., $135,533 surplus in 2023).
- Good financial transparency through consistent IRS 990 filings.
Frequently Asked Questions about National Association Of Asian American Professionals Inc
Is National Association Of Asian American Professionals Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, National Association Of Asian American Professionals Inc (EIN: 113490724) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does National Association Of Asian American Professionals Inc spend its money?
National Association Of Asian American Professionals Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to National Association Of Asian American Professionals Inc tax-deductible?
National Association Of Asian American Professionals Inc is registered as a tax-exempt nonprofit (EIN: 113490724). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is National Association Of Asian American Professionals Inc a good charity?
Based on the financial data, NAAAP appears to be a good charity. They demonstrate strong revenue growth, healthy asset accumulation, and a remarkable commitment to volunteer leadership with 0% officer compensation reported across all filings, indicating efficient use of funds for their mission.
How has NAAAP's revenue changed over time?
NAAAP has experienced significant revenue growth, particularly in recent years. Their revenue increased from $236,796 in 2020 to $1,046,265 in 2023, representing a substantial increase of over 340% in three years.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available IRS 990 filings, indicating that its executive leadership operates on a volunteer basis, which is a strong positive for financial efficiency and mission focus.
Filing History
IRS 990 filing history for National Association Of Asian American Professionals Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), National Association Of Asian American Professionals Inc's revenue has grown by 76.7%, moving from $592K to $1.0M. Total assets increased by 154.8% over the same period, from $319K to $814K. Total functional expenses rose by 87.7%, from $485K to $911K. In its most recent filing year (2023), National Association Of Asian American Professionals Inc reported a surplus of $136K, with revenue exceeding expenses. The organization holds $239K in liabilities against $814K in assets (debt-to-asset ratio: 29.4%), resulting in net assets of $574K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $911K | $814K | $239K | — | — |
| 2022 | $541K | $531K | $698K | $227K | — | — |
| 2021 | $441K | $237K | $487K | $108K | — | View 990 |
| 2020 | $237K | $154K | $301K | $57K | — | View 990 |
| 2019 | $528K | $522K | $243K | $73K | — | View 990 |
| 2018 | $437K | $481K | $356K | $190K | — | View 990 |
| 2017 | $421K | $448K | $234K | $15K | — | View 990 |
| 2016 | $754K | $437K | $0 | $0 | — | View 990 |
| 2015 | $378K | $419K | $247K | $300 | — | View 990 |
| 2014 | $525K | $490K | $288K | $0 | — | View 990 |
| 2013 | $347K | $470K | $259K | $0 | — | View 990 |
| 2012 | $670K | $599K | $383K | $2K | — | View 990 |
| 2011 | $592K | $485K | $319K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $911K, and assets of $814K (revenue +93.5% year-over-year).
- 2022: Revenue of $541K, expenses of $531K, and assets of $698K (revenue +22.5% year-over-year).
- 2021: Revenue of $441K, expenses of $237K, and assets of $487K (revenue +86.3% year-over-year).
- 2020: Revenue of $237K, expenses of $154K, and assets of $301K (revenue -55.1% year-over-year).
- 2019: Revenue of $528K, expenses of $522K, and assets of $243K (revenue +20.8% year-over-year).
- 2018: Revenue of $437K, expenses of $481K, and assets of $356K (revenue +3.9% year-over-year).
- 2017: Revenue of $421K, expenses of $448K, and assets of $234K (revenue -44.2% year-over-year).
- 2016: Revenue of $754K, expenses of $437K, and assets of $0 (revenue +99.4% year-over-year).
- 2015: Revenue of $378K, expenses of $419K, and assets of $247K (revenue -27.9% year-over-year).
- 2014: Revenue of $525K, expenses of $490K, and assets of $288K (revenue +51.1% year-over-year).
- 2013: Revenue of $347K, expenses of $470K, and assets of $259K (revenue -48.1% year-over-year).
- 2012: Revenue of $670K, expenses of $599K, and assets of $383K (revenue +13.1% year-over-year).
- 2011: Revenue of $592K, expenses of $485K, and assets of $319K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for National Association Of Asian American Professionals Inc:
Data Sources and Methodology
This transparency report for National Association Of Asian American Professionals 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.