Asia America Initiative
Asia America Initiative reports fluctuating revenues and expenses, with no officer compensation.
EIN: 201879258 · Washington, DC · NTEE: Q43 · Updated: 2026-03-28
Is Asia America Initiative Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Asia America Initiative directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Asia America Initiative
Asia America Initiative (EIN: 201879258) is a nonprofit organization based in Washington, DC, classified under NTEE code Q43. The organization reported total revenue of $870K and total assets of $331K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Asia America Initiative's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Asia America Initiative is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $407K |
| Total Expenses | $668K |
| Surplus / Deficit | $-260,753 |
| Total Assets | $198K |
| Total Liabilities | $9K |
| Net Assets | $189K |
| Operating Margin | -64.0% |
| Debt-to-Asset Ratio | 4.5% |
| Months of Reserves | 3.6 months |
Financial Health Grade: B
In 2023, Asia America Initiative reported a deficit of $261K with expenses exceeding revenue, holds 3.6 months of operating reserves (adequate), has a debt-to-asset ratio of 4.5% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -73.6% | -53.2% | -56.8% |
| 2022 | -21.5% | -18.0% | -75.3% |
| 2021 | +12.4% | -1.7% | +31.6% |
| 2020 | +0.0% | +0.0% | +0.0% |
| 2019 | +54.3% | +66.0% | +5.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Asia America Initiative with a Mission Score of 80 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Asia America Initiative allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $261K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.5%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly commendable for a nonprofit of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Asia America Initiative's IRS 990 filings:
- Significant year-over-year revenue volatility (e.g., $1.5M in 2022 to $407K in 2023)
- Expenses exceeding revenue in multiple recent periods (e.g., 2023, 2020, 2017)
- Substantial decrease in assets from $1.8M in 2021 to $197K in 2023
- High liabilities relative to assets in some periods (e.g., 2021: Assets $1.8M, Liabilities $1.5M)
Strengths
The following positive indicators were identified for Asia America Initiative:
- Consistent reporting of 0% officer compensation, indicating strong commitment to mission over executive pay.
- Long history of IRS 990 filings (13 filings), demonstrating regulatory compliance.
- Periods of strong revenue generation (e.g., $5.7M in 2014, $1.9M in 2021).
Frequently Asked Questions about Asia America Initiative
Is Asia America Initiative a legitimate charity?
Based on AI analysis of IRS 990 filings, Asia America Initiative (EIN: 201879258) some concerns. Mission Score: 80/100. 4 red flags identified, 3 strengths noted.
How does Asia America Initiative spend its money?
Asia America Initiative directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Asia America Initiative tax-deductible?
Asia America Initiative is registered as a tax-exempt nonprofit (EIN: 201879258). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Asia America Initiative financially stable given its fluctuating revenue and asset levels?
The organization's financial stability is questionable given the significant fluctuations in revenue and assets. For example, revenue dropped from $1,541,109 in 2022 to $407,179 in 2023, and assets decreased from $458,748 to $197,995 in the same period. This volatility suggests potential challenges in consistent funding or asset management.
What caused the substantial decrease in assets from $1,856,442 in 2021 to $197,995 in 2023?
The dramatic decrease in assets from $1,856,442 in 2021 to $197,995 in 2023 is a significant concern. This could be due to asset liquidation, significant operational losses, or a reclassification of funds. Further investigation into the organization's financial statements would be needed to understand the specific reasons for this decline.
How does the organization manage to operate with 0% officer compensation?
Operating with 0% officer compensation suggests that executive leadership may be entirely volunteer-based or compensated through other means not reported as officer compensation on the 990, such as through a related entity or as general staff. This is a strong indicator of dedication to the mission and efficient use of funds.
What is the breakdown of program, administrative, and fundraising expenses?
While the provided data indicates total expenses, a detailed breakdown of program, administrative, and fundraising expenses is not available in the summary. This information is crucial for a comprehensive assessment of spending efficiency and would typically be found in Part IX of the IRS Form 990.
Filing History
IRS 990 filing history for Asia America Initiative showing financial trends over 13 years of public records:
Total assets decreased by 65.9% over the same period, from $581K to $198K. Total functional expenses fell by 97.8%, from $30.4M to $668K. In its most recent filing year (2023), Asia America Initiative reported a deficit of $261K, with expenses exceeding revenue. The organization holds $9K in liabilities against $198K in assets (debt-to-asset ratio: 4.5%), resulting in net assets of $189K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $407K | $668K | $198K | $9K | — | — |
| 2022 | $1.5M | $1.4M | $459K | $9K | — | — |
| 2021 | $2.0M | $1.7M | $1.9M | $1.5M | — | View 990 |
| 2020 | $1.7M | $1.8M | $1.4M | $1.3M | — | — |
| 2019 | $1.7M | $1.8M | $1.4M | $1.3M | — | View 990 |
| 2018 | $1.1M | $1.1M | $1.3M | $1.2M | — | View 990 |
| 2017 | $426K | $596K | $1.2M | $1.1M | — | View 990 |
| 2016 | $755K | $720K | $1.3M | $1.0M | — | View 990 |
| 2015 | $871K | $807K | $813K | $519K | — | View 990 |
| 2014 | $5.7M | $5.7M | $698K | $517K | — | View 990 |
| 2013 | $10.0M | $9.5M | $590K | $517K | — | View 990 |
| 2012 | $0 | $6.3M | $572K | $508K | — | View 990 |
| 2011 | $0 | $30.4M | $581K | $416K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $407K, expenses of $668K, and assets of $198K (revenue -73.6% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.4M, and assets of $459K (revenue -21.5% year-over-year).
- 2021: Revenue of $2.0M, expenses of $1.7M, and assets of $1.9M (revenue +12.4% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.8M, and assets of $1.4M (revenue +0.0% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.8M, and assets of $1.4M (revenue +54.3% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.1M, and assets of $1.3M (revenue +165.8% year-over-year).
- 2017: Revenue of $426K, expenses of $596K, and assets of $1.2M (revenue -43.6% year-over-year).
- 2016: Revenue of $755K, expenses of $720K, and assets of $1.3M (revenue -13.3% year-over-year).
- 2015: Revenue of $871K, expenses of $807K, and assets of $813K (revenue -84.8% year-over-year).
- 2014: Revenue of $5.7M, expenses of $5.7M, and assets of $698K (revenue -42.4% year-over-year).
- 2013: Revenue of $10.0M, expenses of $9.5M, and assets of $590K.
- 2012: Revenue of $0, expenses of $6.3M, and assets of $572K.
- 2011: Revenue of $0, expenses of $30.4M, and assets of $581K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Asia America Initiative:
Data Sources and Methodology
This transparency report for Asia America Initiative is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.