ASIAN PACIFIC ISLANDER SMALL BUSINESS PROGRAM INCORPORATED
Mission Statement
The reason we decided to have a holiday toy drive for the APA community in the Los Angeles area is because there was a need for toys for the children of low income families in our communities, but there did not seem to be any joint efforts to meet that need. There were some groups and individuals who had their own toy drives; however, the amount of toys collected were not always enough to make much of a difference. We found that collectively and with the help of various corporate and individual donors of toys and food and refreshments for our reception, we were able to collect and distribute a lot more toys for the children of families served by the APA nonprofit groups, which were selected as the toy recipient organizations by the co-sponsoring bar associations. We felt that this would be a great way to celebrate the holidays and network with the members and friends of the co-sponsoring organizations with a toy drive and reception and to give back to our communities.
Financial Overview — FY 2025
Compared with Peers
FY 2025| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
100.0% | 84.4% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
0.0% | 12.7% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
76.9 mo | 11.1 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 2.2% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
100.0% | 91.6% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-49.6% | 4.2% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-70.5% | 8.4% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
41.5% | 2.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $266K | $156K | $996K | 100.0% | 0 |
| 2024 | $527K | $527K | $886K | 100.0% | 0 |
| 2023 | $396K | $532K | $886K | 100.0% | 0 |
| 2022 | $910K | $388K | $1.0M | 99.9% | 0 |
| 2021 | $480K | $326K | N/A | — | 0 |
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