Thai Community Development Center FY2021 filing

Tax-deductible

Los Angeles, CA501(c)(3)Since 1994Human ServicesEIN 95-4531770Revenue $2.5M in FY2021

On file with the IRSthaicdc.org6376 Yucca St Ste B, 90028-5037 · Los Angeles, CATax-exempt since Nov 1995Publicly supported charity — 170(b)(1)(A)(vi)

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To advance the social and economic well-being of low and moderate income thais and other ethnic communities in the greater los angeles area through a comprehensive Community Development strategy including human rights advocacy, affordable housing, access to healthcare, promotion of small businesses, neighborhood empowerment and social enterprises.

501(c)(3) charity; gifts are tax-deductible.
96¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $59K a year · 4% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
96%
of spending
Looks good: 96% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
3 mo
of spending, in cash
Fine: 2.8 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
16
named funders · $1.0M
Looks good: 16 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$234K
36% of total assets
Looks good: liabilities are 36% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.5M
+135% vs prior year
Spent
$2.5M
To programs
96%
Net assets
$424K
By yearFY2019–FY2024
Revenue
$2.5M
FY2021▲ +135%
Tap a bar for its year
Revenue by fiscal year
FY2019$845K
FY2020$1.1M
FY2021$2.5M
FY2022$1.4M
FY2023$1.8M
FY2024$2.3M
FY2024$3.0M
Expenses
$2.5M
FY2021▲ +248%
Tap a bar for its year
Expenses by fiscal year
FY2019$770K
FY2020$730K
FY2021$2.5M
FY2022$1.9M
FY2023$1.9M
FY2024$2.4M
FY2024$2.7M
Net assets
$424K
FY2021▼ -11%
Tap a bar for its year
Net assets by fiscal year
FY2019$152K
FY2020$479K
FY2021$424K
FY2022−$12K
FY2023−$353K
FY2024−$440K
FY2024−$158K

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 1995.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

96 cents of each dollar spent went to programs.

Program services 96% · $2.4M Management & general 4% · $89K Fundraising 0% · $2

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

13 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
President/Di
$0Pt VII · Sec A
$0Pt VII · Sec A

Chanchanit Martorell’s $125K as Executive Di is at the 58th percentile of top reported officer pay among 3869 $1–10M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2024
Chanchanit Martorell$124,808$93,464

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Thai Community Development Center executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Improves lives of low-income Thais and others in Los Angeles through housing, healthcare, business, and advocacy.

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Provided by the organization

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3 programs · $2.4M · in their own filed words · FY2020
01

Social and Human Services

Thai CDC provided case management services in the areas of public benefits, labor, trafficking, and immigration and family law. Thai CDC also implemented thai CDC covid aid, rapid response, relief and emergency services (thai CDC cares) at the outset of COVID-19 on march 13, 2020 to provide cash and food aid, COVID-19 testing and…

$1.6Mprogram expense
02

Community Asset Building

Affordable housing, community economic development and social enterprises - thai CDC continues to operate a 60 unit affordable senior housing complex and a 46 unit affordable multi-family housing complex; offer small business development assistance; andheld the east hollywood certified farmers' market to bring affordable fresh produce to…

$661Kprogram expense
03

Healthy Communities and Community Empowerment

Thai CDC continues to engage in neighborhood development, civic engagement and immigrant integration activities through our neighborhood change initiatives.

$162Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 16 funders →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$2.5M
Ln 12
Gifts and grantsLn 1h$2.5M
Fees for servicesLn 2g$8K
Money outPt IX
$2.5M
Ln 25
Programscol B$2.4M
Managementcol C$89K
Fundraisingcol D$2
Owns and owesPt X
$424K
net assets · Ln 32
Cash and savingsLn 1–2$586K
Total assetsLn 16$658K
LiabilitiesLn 26$234K
PeoplePt VI, VII
13
listed · VII A
PaidVII A0
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.5M
Government grantsLn 1e$75K
Fees for servicesLn 2g$8K
Total revenueLn 12$2.5M
Assets in detailPt X, end of year
CashLn 1$586K
Cash and savings togetherLn 1–2$586K
InvestmentsLn 11–13$45K
Total assetsLn 16$658K
LiabilitiesLn 26$234K
Net assetsLn 32$424K
OperationsPt I, VI
EmployeesI 514
VolunteersI 623
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$400K$586K
InvestmentsLn 11–13$85K$45K
Total assetsLn 16$526K$658K
LiabilitiesLn 26$47K$234K
Net assetsLn 32$479K$424K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$62K$54K$8K
Other salaries and wagesLn 7$270K$236K$35K
Other employee benefitsLn 9$66K$65K$546
Payroll taxesLn 10$28K$23K$5K
Accounting feesLn 11c$4K$900$4K
Other fees for servicesLn 11g$1.8M$1.8M$9K
Advertising and promotionLn 12$65$65
Office expensesLn 13$9K$8K$1K$2
OccupancyLn 16$22K$22K
TravelLn 17$6K$5K$209
InterestLn 20$49K$49K
InsuranceLn 23$28K$13K$15K
Other expenses (24a–d)Ln 24$152K$139K$13K
Total functional expensesLn 25$2.5M$2.4M$89K$2

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $2.3M$2.4M−$86K−$440K 990 PDF
FY2023 $1.8M$1.9M−$179K−$353K 990 PDF
FY2022 $1.4M$1.9M−$436K−$12K 990 PDF
FY2021 Viewing $2.5M$2.5M−$55K$424K 990 PDF
FY2020 $1.1M$730K$327K$479K 990 PDF
FY2019 $845K$770K$75K$152K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $2,483,073 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,047,818$2,474,967
I-9 Program service revenuePrior year $8,963$8,106
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $1,056,781$2,483,073
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $382,004$425,792
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $347,597$2,112,295
I-18 Total expensesPrior year $729,601$2,538,087
I-19 Revenue less expensesPrior year $327,180−$55,014
Part VI · Governance 13 of 13 board members independent, 1 to look at
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,483,073 across 5 lines filed
VIII-1e Government grants$74,758
VIII-1f All other contributions, gifts and grants$2,400,209
VIII-1h Total contributions, gifts and grants$2,474,967
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $8,106$8,106
VIII-12 Total revenueRelated to mission $8,106$2,483,073
Part IX · Statement of functional expenses $2,538,087 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $54,054 · Management $7,946$62,000
IX-7 Other salaries and wagesPrograms $235,722 · Management $34,654$270,376
IX-9 Other employee benefitsPrograms $64,971 · Management $546$65,517
IX-10 Payroll taxesPrograms $23,094 · Management $4,805$27,899
IX-11c Accounting feesPrograms $900 · Management $3,500$4,400
IX-11g Other fees for servicesPrograms $1,833,893 · Management $8,510$1,842,403
IX-12 Advertising and promotionPrograms $65$65
IX-13 Office expensesPrograms $7,583 · Management $1,447 · Fundraising $2$9,032
IX-16 OccupancyPrograms $22,274$22,274
IX-17 TravelPrograms $5,330 · Management $209$5,539
IX-20 InterestPrograms $48,609$48,609
IX-23 InsurancePrograms $13,154 · Management $14,728$27,882
IX-24 Other expenses (24a–d)Programs $139,275 · Management $12,816$152,091
IX-25 Total functional expensesPrograms $2,448,924 · Management $89,161 · Fundraising $2$2,538,087
Part X · Balance sheet $658,342 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $399,761$585,971
X-4 Accounts receivableStart of year $18,186$27,412
X-13 Program-related investmentsStart of year $85,282$44,959
X-16 Total assetsStart of year $526,102$658,342
X-17 Accounts payable and accrued expensesStart of year $7,502$18,184
X-24 Unsecured notes and loans payableStart of year $39,687$141,637
X-25 Other liabilities$74,622
X-26 Total liabilitiesStart of year $47,189$234,443
X-27 Net assets without donor restrictionsStart of year $478,913$423,899
X-32 Total net assets or fund balancesStart of year $478,913$423,899
X-33 Total liabilities and net assetsStart of year $526,102$658,342
Part XI · Reconciliation of net assets $423,899 net assets at year end
XI-1 Total revenue$2,483,073
XI-2 Total expenses$2,538,087
XI-3 Revenue less expenses−$55,014
XI-4 Net assets at start of year$478,913
XI-10 Net assets at end of year$423,899

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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