Asia Harvest
Asia Harvest consistently allocates 100% of reported officer compensation to programs, demonstrating strong financial stewardship.
EIN: 201648411 · Winston Salem, NC · NTEE: Q12 · Updated: 2026-03-28
Is Asia Harvest Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Asia Harvest directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Asia Harvest
Asia Harvest (EIN: 201648411) is a nonprofit organization based in Winston Salem, NC, classified under NTEE code Q12. The organization reported total revenue of $5.5M and total assets of $6.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Asia Harvest's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Asia Harvest is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.6M |
| Total Expenses | $4.7M |
| Surplus / Deficit | +$901K |
| Total Assets | $4.5M |
| Total Liabilities | $925 |
| Net Assets | $4.5M |
| Operating Margin | 16.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 11.6 months |
Financial Health Grade: A
In 2023, Asia Harvest reported a surplus of $901K with revenue exceeding expenses, holds 11.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Asia Harvest's revenue has grown at a compound annual growth rate (CAGR) of 2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.4% | -22.6% | +24.8% |
| 2022 | -22.7% | -12.1% | +15.3% |
| 2021 | +43.9% | +26.3% | +98.5% |
| 2020 | +52.0% | +54.2% | +35.3% |
| 2019 | +29.8% | +13.5% | +38.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Harvest with a Mission Score of 95 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Asia Harvest allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 surplus of $901K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Asia Harvest consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries. This is highly unusual and suggests that leadership may be volunteer-based or compensated through other means not reported as officer compensation, or that all funds are directly channeled to programs.
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 Harvest's IRS 990 filings:
- Unusually low reported liabilities, which could indicate a very lean operational model or specific accounting practices.
- No reported officer compensation, which, while positive for program spending, is highly unusual for an organization of this size and could warrant further inquiry into how leadership is sustained.
Strengths
The following positive indicators were identified for Asia Harvest:
- Consistent 0% officer compensation reported across all filings, indicating maximum resource allocation to programs.
- Healthy financial surpluses in most years, contributing to asset growth and long-term stability.
- Significant growth in assets from $1,168,976 in 201912 to $4,516,129 in 202312, demonstrating strong financial management.
- Low liabilities, suggesting minimal debt and strong financial health.
- Consistent filing history over 13 periods, indicating good transparency and compliance.
Frequently Asked Questions about Asia Harvest
Is Asia Harvest a legitimate charity?
Based on AI analysis of IRS 990 filings, Asia Harvest (EIN: 201648411) some concerns. Mission Score: 95/100. 2 red flags identified, 5 strengths noted.
How does Asia Harvest spend its money?
Asia Harvest directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Asia Harvest tax-deductible?
Asia Harvest is registered as a tax-exempt nonprofit (EIN: 201648411). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Asia Harvest a good charity?
Based on the available IRS 990 data, Asia Harvest appears to be a very good charity. It consistently reports 0% officer compensation, maintains healthy financial surpluses, and has growing assets, all while demonstrating a strong commitment to its mission through efficient spending.
How does Asia Harvest manage to have 0% officer compensation?
The IRS 990 filings consistently show 0% officer compensation. This could mean that the organization's leadership is entirely volunteer-based, or that compensation is structured in a way that does not fall under 'officer compensation' as defined by the IRS, or that all funds are directly applied to programmatic activities.
What is Asia Harvest's financial trend over the last five years?
Over the last five years (2019-2023), Asia Harvest's revenue has fluctuated, peaking at $8,431,865 in 202112 and settling at $5,581,773 in 202312. Expenses have generally remained below revenue, leading to consistent surpluses and significant asset growth from $1,168,976 in 201912 to $4,516,129 in 202312.
Filing History
IRS 990 filing history for Asia Harvest showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Asia Harvest's revenue has grown by 27.2%, moving from $4.4M to $5.6M. Total assets increased by 124.6% over the same period, from $2.0M to $4.5M. Total functional expenses rose by 15.1%, from $4.1M to $4.7M. In its most recent filing year (2023), Asia Harvest reported a surplus of $901K, with revenue exceeding expenses. The organization holds $925 in liabilities against $4.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.6M | $4.7M | $4.5M | $925 | — | View 990 |
| 2022 | $6.5M | $6.0M | $3.6M | $5K | — | View 990 |
| 2021 | $8.4M | $6.9M | $3.1M | $3K | — | View 990 |
| 2020 | $5.9M | $5.4M | $1.6M | $564 | — | View 990 |
| 2019 | $3.9M | $3.5M | $1.2M | $615 | — | View 990 |
| 2018 | $3.0M | $3.1M | $845K | $518 | — | View 990 |
| 2017 | $2.9M | $2.8M | $989K | $3K | — | View 990 |
| 2016 | $2.9M | $2.7M | $888K | $1K | — | View 990 |
| 2015 | $3.3M | $3.7M | $682K | $2K | — | View 990 |
| 2014 | $2.9M | $2.7M | $1.2M | $0 | — | View 990 |
| 2013 | $3.1M | $3.1M | $1.0M | $0 | — | View 990 |
| 2012 | $4.7M | $3.7M | $3.0M | $0 | — | View 990 |
| 2011 | $4.4M | $4.1M | $2.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.6M, expenses of $4.7M, and assets of $4.5M (revenue -14.4% year-over-year).
- 2022: Revenue of $6.5M, expenses of $6.0M, and assets of $3.6M (revenue -22.7% year-over-year).
- 2021: Revenue of $8.4M, expenses of $6.9M, and assets of $3.1M (revenue +43.9% year-over-year).
- 2020: Revenue of $5.9M, expenses of $5.4M, and assets of $1.6M (revenue +52.0% year-over-year).
- 2019: Revenue of $3.9M, expenses of $3.5M, and assets of $1.2M (revenue +29.8% year-over-year).
- 2018: Revenue of $3.0M, expenses of $3.1M, and assets of $845K (revenue +3.2% year-over-year).
- 2017: Revenue of $2.9M, expenses of $2.8M, and assets of $989K (revenue +0.1% year-over-year).
- 2016: Revenue of $2.9M, expenses of $2.7M, and assets of $888K (revenue -13.0% year-over-year).
- 2015: Revenue of $3.3M, expenses of $3.7M, and assets of $682K (revenue +15.0% year-over-year).
- 2014: Revenue of $2.9M, expenses of $2.7M, and assets of $1.2M (revenue -8.5% year-over-year).
- 2013: Revenue of $3.1M, expenses of $3.1M, and assets of $1.0M (revenue -33.5% year-over-year).
- 2012: Revenue of $4.7M, expenses of $3.7M, and assets of $3.0M (revenue +7.7% year-over-year).
- 2011: Revenue of $4.4M, expenses of $4.1M, and assets of $2.0M.
Data Sources and Methodology
This transparency report for Asia Harvest 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.