Quick charity verification for Asian American Success Incorporated (EIN: 205897385)
Verdict: Asian American Success Incorporated shows mixed signals
65/100Mission Score
$224KRevenue
$0Assets
3Red Flags
3Strengths
Red Flags
Significant operating deficit in 2022 ($57,752 revenue vs. $131,272 expenses)
Dramatic decrease in assets from $173,315 in 2021 to $1 in 2023
2023 filing shows $0 revenue and $0 expenses, raising questions about operational status
Strengths
Consistent 0% officer compensation across all filings, indicating low administrative overhead for leadership.
Long history of IRS 990 filings (13 filings), demonstrating commitment to transparency.
Clear NTEE code (O50) indicating a focused mission on Asian and Asian American communities.
Spending Breakdown
How Asian American Success Incorporated allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
0%
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 Asian American Success Incorporated
Is Asian American Success Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Asian American Success Incorporated (EIN: 205897385) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Asian American Success Incorporated a good charity to donate to?
Asian American Success Incorporated has a Mission Score of 65/100. Revenue: $224K. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Asian American Success Incorporated?
The Employer Identification Number (EIN) for Asian American Success Incorporated is 205897385. 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 Asian American Success Incorporated spend its money?
Asian American Success Incorporated allocates 85% to programs, 15% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Asian American Success Incorporated's tax-exempt status?
You can verify Asian American Success Incorporated's tax-exempt status using EIN 205897385 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
Asian American Success Incorporated demonstrates a fluctuating financial history with periods of both surplus and deficit. In 2022, the organization reported expenses of $131,272 against revenue of $57,752, indicating a significant operating deficit. This contrasts with 2021, where revenue of $75,184 exceeded expenses of $69,692. The organization's assets have also varied, reaching a high of $173,315 in 2021 before decreasing to $24,344 in 2022 and then to $1 in 2023, which suggests potential asset management challenges or significant changes in financial structure. The consistent reporting of 0% officer compensation across all available filings indicates a volunteer-led or very lean executive structure, which can be a positive sign for donor confidence regarding administrative overhead.
However, the 2023 filing showing $0 revenue and $0 expenses, with assets of $1, raises questions about the organization's operational status or reporting accuracy for that period. While the lack of executive compensation is a strength, the overall financial stability appears inconsistent. The NTEE code O50 (Asian, Asian American) suggests a clear program focus, but without detailed expense breakdowns, it's challenging to fully assess spending efficiency beyond the absence of officer compensation. The organization's transparency is generally good through its consistent 990 filings, but the recent $0 activity filing warrants further inquiry.