Aapi Equity Alliance
- Assets
- $3.4m
- Revenue
- $4.4m
- Investments
- $0.0
- Employees
- 9
- Location
- Los Angeles, CA
- Founding
- 04/2003
- Data as of
- 06/2022
- EIN
- 71-0879827
Organization Overview
Aapi Equity Alliance, operating under the name Asian Pacific Policy & Planning Council, is located in Los Angeles, CA. The organization was established in 2003. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 06/2022, Asian Pacific Policy & Planning Council employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Asian Pacific Policy & Planning Council is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Asian Pacific Policy & Planning Council generated $4.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 51.0% each year . All expenses for the organization totaled $4.5m during the year ending 06/2022. While expenses have increased by 57.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
AAPI EQUITY ALLIANCE IS A COALITION OF COMMUNITY-BASED ORGANIZATIONS THAT ADVOCATES FOR THE RIGHTS AND NEEDS OF THE ASIAN AND PACIFIC ISLANDER (API) COMMUNITY IN THE GREATER LOS ANGELES AREA, WITH PARTICULAR FOCUS ON LOW-INCOME, IMMIGRANT, REFUGEE AND OTHER VULNERABLE POPULATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ACCOMPLISH ITS MISSION, AAPI EQUITY ALLIANCE:1. PROMOTED THE NEEDS, INTERESTS AND CONCERNS OF THE API COMMUNITY TO THE GENERAL PUBLIC.2. STRENGTHENED COLLABORATION, PLANNING AND COLLECTIVE ACTION AMONG ITS MEMBERS THROUGH COMMON ADVOCACY, ORGANIZATIONAL DEVELPOPMENT AND CAPACITY-BUILDING.3. ENSURED THAT COMMUNITY MEMBERS OBTAIN ACCESS TO CULTURALLY AND LINGUISTICALLY APPROPRIATE SERVICES, BECOME MORE CIVICALLY ENGAGED AND BECOME LEADERS IN THEIR RESPECTIVE COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rachelle Arizmendi President | OfficerTrustee | 3 | $0 |
Tavae Samuelu Vice President | OfficerTrustee | 3 | $0 |
Nayon Kang Secretary | OfficerTrustee | 3 | $0 |
Linda Akutagawa Board Member | Trustee | 2 | $0 |
Dennnis Arguelles Board Member | Trustee | 2 | $0 |
Shikha Bhatnagar Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $53,484 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,211,374 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,125,313 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,390,171 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,392,434 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $21,375 |
| Grants and other assistance to domestic individuals. | $13,750 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $173,197 |
| Compensation of current officers, directors, key employees. | $27,712 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $471,188 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $66,145 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $214,944 |
| Advertising and promotion | $0 |
| Office expenses | $14,089 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,900 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $27,716 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,912 |
| All other expenses | $787 |
| Total functional expenses | $4,511,104 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,620,103 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,726,405 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $8,987 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,355,495 |
| Accounts payable and accrued expenses | $1,862,459 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,862,459 |
| Net assets without donor restrictions | $636,963 |
| Net assets with donor restrictions | $856,073 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,355,495 |