Aapi Montclair Inc
- Assets
- $362.3k
- Revenue
- $569.3k
- Investments
- $0.0
- Employees
- 3
- Location
- Montclair, NJ
- Founding
- Data as of
- 12/2023
- EIN
- 87-3232252
Organization Overview
Aapi Montclair Inc, operating under the name Aapi Nj, is located in Montclair, NJ. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Aapi NJ employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aapi NJ 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 12/2023, Aapi NJ generated $569.3k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 51.4% each year . All expenses for the organization totaled $349.1k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO UPLIFT ASIAN AMERICAN AND PACIFIC ISLANDERS THROUGH ADVOCACY, CULTURAL WORK AND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVOCACYOUR ADVOCACY AIMS TO ENSURE ALL AAPIS IN NEW JERSEY ARE SAFE, SEEN, HEARD, AND RESPECTED. AAPI NJ HAS ADVOCATED FOR ISSUES INCLUDING EDUCATIONAL EQUITY AND INCLUSION, LANGUAGE ACCESS, IMMIGRANT RIGHTS, DEMOCRACY-RELATED REFORMS, WORKERS' RIGHTS, VOTING RIGHTS, AND INCREASED STATE REINVESTMENT IN AAPI COMMUNITIES. WE WORK WITH STATE AGENCIES TO HELP THEM BETTER UNDERSTAND AND SERVE AAPI COMMUNITIES AND SUPPORT NJ AAPIS' MENTAL HEALTH NEEDS WITH PROGRAMS AND REFERRALS. WE EXPAND AAPI CIVIC ENGAGEMENT AND PARTICIPATION THROUGH NONPARTISAN VOTER REGISTRATION, GOTV EFFORTS, AND COMMUNITY EDUCATION.
EDUCATIONTHROUGH OUR TEACH ASIAN AMERICAN STORIES INITIATIVE, WE ENSURE THAT NEW JERSEY'S EDUCATORS HAVE ACCESS TO HIGH-QUALITY RESOURCES AND TRAINING TO INCORPORATE AAPI HISTORY AND CONTRIBUTIONS INTO THEIR EVERYDAY LESSON PLANS. WE SERVED TEACHERS IN 100+ DISTRICTS THROUGH THE END OF 2023 WITH PROFESSIONAL DEVELOPMENT WORKSHOPS, BOOKS AND LESSON PLANS CREATED SPECIALLY FOR NEW JERSEY, INCLUDING OUR STATE'S FIRST ILLUSTRATED MAP OF ASIAN AMERICAN HISTORY
CULTURAL AWARENESS AND COMMUNITY BUILDINGWE CREATE DAYS AND SPACES WHERE AAPIS CAN SHARE, LEARN, CELEBRATE, BUILD COMMUNITY, AND ACCESS DIRECT SERVICES, INCLUDING MAJOR CELEBRATIONS OF DIWALI, LUNAR NEW YEAR, HOLI/SONGKRAN, AND AAPI HERITAGE MONTH, THE ANNUAL LANTERN FESTIVAL FOR JUSTICE AND REMEMBRANCE, AND OVER 80 SMALLER EVENTS THROUGHOUT THE YEAR WITH TOTAL ANNUAL PARTICIPATION OF 10,000+ YOUTH AND ADULTS. WE OFFER CULTURALLY RELEVANT MENTAL AND PHYSICAL WELLNESS WORKSHOPS, HEALING SESSIONS, AND REFERRALS TO ADDRESS NJ AAPIS' COMMUNITY NEEDS AND REDUCE STIGMA, ACCESS, AND OTHER UPTAKE BARRIERS. WE OFFER CAPACITY-BUILDING SUBGRANTS TO STRENGTHEN AND SUPPORT EMERGING AAPI ORGANIZATIONS ACROSS NJ.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roslyne Shiao Co-Ex Director | Trustee | 20 | $48,000 |
Julie Kim Chair | OfficerTrustee | 20 | $0 |
Amber Reed President | OfficerTrustee | 30 | $0 |
Danielle Iwata Secretary | OfficerTrustee | 7 | $0 |
Meredith Nahra Treasurer | OfficerTrustee | 30 | $0 |
Amy Hong-Bethards Director | Trustee | 12.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $38,368 |
| Related organizations | $0 |
| Government grants | $7,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $406,079 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $451,947 |
| Total Program Service Revenue | $68,640 |
| Investment income | $587 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $48,087 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $569,261 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,819 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $87,916 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $347 |
| Payroll taxes | $9,542 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $73,781 |
| Advertising and promotion | $4,748 |
| Office expenses | $4,411 |
| Information technology | $6,021 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,431 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,175 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,918 |
| All other expenses | $13,967 |
| Total functional expenses | $349,097 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $71,718 |
| Savings and temporary cash investments | $260,588 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,000 |
| 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 | $16,981 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,000 |
| Total assets | $362,287 |
| Accounts payable and accrued expenses | $1,149 |
| Grants payable | $0 |
| Deferred revenue | $9,629 |
| 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 | $10,778 |
| Net assets without donor restrictions | $251,509 |
| Net assets with donor restrictions | $100,000 |
| 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 | $362,287 |