2024-02-05T09:13:08-06:00 2023-09-30 582676261 Rogers & Company PLLC 8300 Boone Boulevard Suite 600 Vienna VA 22182 990 2022-10-01 522102012 Asian American LEAD ASIA 2028840322 14 Ridge Square NW 300 Washington DC 20016 Siu Cheung Interim Executive Director 2028840322 2024-02-05 1 Siu Cheung 999009999 1 Jie Chen CPA P01049760 7038930300 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X Siu Cheung 14 Ridge Square NW Suite 300 Washington DC 20016 2046844 0 X www.aalead.org X 1998 DC To promote the well-being of AAPI Youth and Families. 13 12 18 49 0 0 1103339 1097059 0 0 6370 74917 0 62658 1109709 1234634 0 0 0 0 758974 791876 0 0 99726 349781 432698 1108755 1224574 954 10060 2640024 2704744 59699 81224 2580325 2623520 X To empower AAPI youth in underserved communities through culturally responsive programming and advocacy.AALEAD envisions a United States in which all youth are supported, empowered, and celebrated within equitable, abundant and thriving communities. 0 0 806869 After School Program: The AALEAD After School Program provides academic support and resources including support in the process of selecting a middle/high school as well as the college process. Programs create a safe and supportive space to develop identity, and opportunities for leadership and civic engagement. AALEAD serves youth after school through the following programs: DC Middle School, DC High School, MD Middle School, MD High School, VA Middle School, and VA High School Programs. In FY23, AALEAD supported 420 youth attending 19 public and charter schools with after-school programs across the DC, MD, and VA regions. See Schedule O for continuationOf the youth surveyed, 99% indicated overall satisfaction with AALEAD afterschool programs, 96% reported feeling more connected to a network of supportive peers, adults, and teachers; and 96% reported feeling more comfortable sharing and celebrating their culture because of participating in AALEAD. 71786 Summer Program: The AALEAD summer program provides youth opportunities for activities, events, community engagement, and leadership development. The summer leverages a youth-to-youth mentoring model where youth take ownership of their AALEAD Summer Program by being a part of the planning and facilitating process. In FY23, 72 youths were supported across the DC, MD, and VA regions with summer programming. Youth participated in summer programs exploring topics of identity, leadership, and community. Youth participated in a storytelling cohort with Shout Mouse Press and co-created a graphic novel on the experiences of AAPI youth, as well as attended local field trips and community bonding events. 53317 Mentoring Program: The AALEAD Mentoring Program connects youth with adults to form relationships that provide youth with a safe avenue to express their feelings and frustrations, improve their self-esteem, foster positive self-identity, give youth opportunities to explore new interests and develop hobbies, and motivate them to pursue higher education and prepare them for careers. In FY23, the Mentoring Program had a total of 329 mentoring hours and 28 matches of mentors and mentees. 931972 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 1 18 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 13 12 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 DC MD VA X X Siu Cheung Interim Executive Direc 2028840322 14 Ridge Square NW Suite 300 Washington DC 20016 Akil Vohra Executive Director 55.00 X X 128957 0 8215 Siu Cheung Board Chair/Interim Executive Director 55.00 X X 0 0 0 Robert Sohn Board Chair 2.00 X X 0 0 0 Wing Li Board Vice Chair 3.00 X X 0 0 0 Karen Urcia Board Secretary 1.00 X X 0 0 0 Joyce Segarra Board Treasurer 1.00 X X 0 0 0 Hanh Le Board Member 2.00 X 0 0 0 Radha Rangarajan Board Member 1.00 X 0 0 0 Sharon Eliatamby Board Member 1.00 X 0 0 0 Andrew Brown Board Member 1.00 X 0 0 0 Cheryl Ann Lee Board Member 1.00 X 0 0 0 Lin Chun-Seeley Board Member 1.00 X 0 0 0 Alexander Jue Board Member 1.00 X 0 0 0 Jason Park Board Member 1.00 X 0 0 0 128957 0 8215 1 0 0 0 0 2404 116219 596052 382384 1097059 53488 53488 739355 13000 730926 0 8429 13000 21429 21429 81284 116219 81284 0 ERTC 900099 62332 62332 Other income 900099 326 326 62658 1234634 0 0 137575 X 134946 94462 20242 20242 555787 497711 35443 22633 3287 2825 262 200 42689 38151 2756 1782 55167 47412 4396 3359 62806 62806 9067 9067 148789 68262 50989 29538 4240 4240 43007 39596 2668 743 51579 50310 1240 29 12741 12741 16367 14066 1304 997 Field trips / food 33447 33447 Fundraising expenses 20123 20123 Staff dev & recruiting 17512 15913 1599 Dues, licenses, & reg 13020 12836 104 80 1224574 931972 192876 99726 1090530 469149 1354505 900561 141389 169735 53600 0 0 1114268 0 51031 2640024 2704744 59699 36060 0 45164 59699 81224 X 2580325 2518202 105318 2580325 2623520 2640024 2704744 10060 33135 0 X X 0 1 X 1 0 X 722275 940313 3264854 1103339 1097059 7127840 722275 940313 3264854 1103339 1097059 7127840 72334 7055506 3924 5 6370 53488 63787 7191627 194258 0.98110 0.99080 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 Lease liability - operating lease 45164 45164 X 1313045 33135 54343 87478 1225567 9067 9067 1234634 1269850 54343 54343 1215507 9067 9067 1224574 Part X, Line 2: Management evaluated AALEAD's tax positions and concluded that AALEAD's financial statements do not include any uncertain tax positions. 25th Anniversary Gala 197503 116219 81284 490 19831 58913 2050 197503 116219 81284 490 19831 58913 2050 81284 0 Form 990, Heading Item C, Full legal name of organization: Asian American LEAD: Leadership Empowerment and Development for Youth and Family Form 990, Part VI, Section A, line 8b There are no committees with authority to act on behalf of the governing body. Form 990, Part VI, Section B, line 11b The board treasurer reviews the 990 in detail and makes it available to all board members prior to filing. Form 990, Part VI, Section B, line 12c Each director and officer is required to review a copy of the conflict of interest policy, which requires each person to disclose any relationships, position or circumstances in which he or she believes could contribute to a conflict. Following full disclosure of a possible conflict of interest, the Board of Directors determines whether a conflict of interest exists and, if so the Board votes to authorize or reject the transaction or take any other action deemed necessary to address the conflict and protect AALEAD's best interests. Form 990, Part VI, Section B, line 15 The process for determining the Executive Director's compensation involves the completion by the entire board of a detailed evaluation and interviews of key staff and stakeholders. This performance assessment and review of market compensation data from similar organizations is then examined by an Executive Committee of the Board, which proposes a compensation level that must be approved by the entire board. Other employees' compensation is determined by the Executive Director with input and advice from the Board. Form 990, Part VI, Section C, line 18 The Form 990 is available upon request and is posted on the organization's website. Form 990, Part VI, Section C, line 19 AALEAD makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part IX, line 11g Other professional fees: Program service expenses 53,565. Management and general expenses 49,626. Fundraising expenses 28,497. Total expenses 131,688. Stipends: Program service expenses 14,697. Management and general expenses 1,363. Fundraising expenses 1,041. Total expenses 17,101. Form 990, Part XII, Line 2c: AALEAD's Board of Directors is responsible for the oversight of the audit, including selection of the independent auditor. The process is consistent with previous years.