Lack of reported officer compensation in the provided data, which could obscure executive pay practices.
Strengths
Strong and consistent asset base, exceeding $100 million for the past decade, providing financial resilience.
Long history of consistent IRS 990 filings (13 filings), indicating transparency.
Manageable liabilities relative to assets, suggesting a healthy balance sheet.
Consistent revenue generation in the $30-39 million range over many years.
Spending Breakdown
How Asia Society allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Asia Society
Is Asia Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Asia Society (EIN: 133234632) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Asia Society a good charity to donate to?
Asia Society has a Mission Score of 85/100. Revenue: $39.7M. Assets: $126.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Asia Society?
The Employer Identification Number (EIN) for Asia Society is 133234632. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Asia Society spend its money?
Asia Society allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Asia Society's tax-exempt status?
You can verify Asia Society's tax-exempt status using EIN 133234632 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Asia Society demonstrates consistent financial activity, with revenues and expenses generally in the $30-39 million range over the past decade. While the organization has experienced periods of operating deficits, such as in 2023 where expenses ($32.1M) exceeded revenue ($30.4M), its substantial asset base of over $120 million provides a strong financial cushion. The organization's liabilities have remained manageable, typically between $16-25 million, indicating a healthy balance sheet. The consistent filing of IRS Form 990s over 13 periods suggests a commitment to transparency, providing a clear historical record of its financial operations.
Spending efficiency appears to be a focus, with a significant portion of expenses directed towards program services. The absence of reported officer compensation in the provided data is notable and suggests that executive salaries are either not reported in this specific summary or are covered through other means, which could impact a full assessment of compensation transparency. Overall, Asia Society appears to be a financially stable organization with a long history of operations and a transparent approach to its public filings.
However, the recurring operating deficits in recent years (2023, 2022, 2020, 2019, 2016, 2015) warrant attention. While not immediately critical due to strong assets, a sustained trend of spending more than it earns could eventually impact long-term sustainability. The organization's ability to manage these fluctuations while maintaining its asset base is a key indicator of its financial resilience.