Asian American Success Incorporated
Asian American Success Incorporated shows inconsistent financial performance with recent $0 activity and fluctuating assets.
EIN: 205897385 · Falls Church, VA · NTEE: O50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $224K |
| Program Spending | 85% |
| Net Assets | $1 |
| Transparency Score | 65/100 |
Is Asian American Success Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Asian American Success Incorporated directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Asian American Success Incorporated
Asian American Success Incorporated (EIN: 205897385) is a nonprofit organization based in Falls Church, VA, classified under NTEE code O50. The organization reported total revenue of $224K and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Asian American Success Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Asian American Success Incorporated is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -100.0% | -100.0% | -100.0% |
| 2022 | -23.2% | +88.4% | -86.0% |
| 2021 | +12.6% | +31.0% | — |
| 2020 | -22.5% | -9.6% | — |
| 2019 | -15.9% | -41.8% | — |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2007 |
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 Asian American Success Incorporated with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 85%
- fundraising: 0%
According to IRS 990 filings, Asian American Success Incorporated allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. 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:
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly favorable for minimizing administrative costs.
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 Asian American Success Incorporated's IRS 990 filings:
- 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
The following positive indicators were identified for Asian American Success Incorporated:
- 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.
Frequently Asked Questions about Asian American Success Incorporated
Is Asian American Success Incorporated a legitimate charity?
Asian American Success Incorporated (EIN: 205897385) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $224K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Asian American Success Incorporated spend its money?
Asian American Success Incorporated directs 85% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Asian American Success Incorporated tax-deductible?
Asian American Success Incorporated is registered as a tax-exempt nonprofit (EIN: 205897385). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Asian American Success Incorporated compare to similar nonprofits?
With a transparency score of 65/100 (Good), Asian American Success Incorporated is above average for NTEE category O50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Asian American Success Incorporated located?
Asian American Success Incorporated is headquartered in Falls Church, Virginia and files with the IRS under EIN 205897385. It is classified under NTEE code O50.
How many years of IRS 990 filings does Asian American Success Incorporated have?
Asian American Success Incorporated has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $224K in total revenue.
Why did Asian American Success Incorporated report $0 revenue and $0 expenses in its 2023 filing?
The 2023 filing showing $0 revenue and $0 expenses, with assets of $1, is unusual and could indicate a period of dormancy, a change in reporting structure, or an error in the filing. Further clarification from the organization would be needed.
What caused the significant decrease in assets from $173,315 in 2021 to $24,344 in 2022, and then to $1 in 2023?
The sharp decline in assets suggests either significant expenditures, asset divestment, or a reclassification of funds. This trend, especially the drop to $1 in 2023, warrants investigation into the organization's financial management and asset utilization.
How does Asian American Success Incorporated fund its operations given the absence of reported officer compensation?
The consistent 0% officer compensation suggests a reliance on volunteer leadership or that compensation is structured in a way not reported as officer compensation on the 990. This indicates a lean administrative structure.
Filing History
IRS 990 filing history for Asian American Success Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Asian American Success Incorporated's revenue has declined by 100%, moving from $39K to $0. Total assets decreased by 100% over the same period, from $8K to $1. Total functional expenses fell by 100%, from $36K to $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $0 | $0 | $1 | $0 | — | — |
| 2022 | $58K | $131K | $24K | $0 | — | View 990 |
| 2021 | $75K | $70K | $173K | $0 | — | — |
| 2020 | $67K | $53K | $0 | $0 | — | — |
| 2019 | $86K | $59K | $0 | $0 | — | View 990 |
| 2018 | $102K | $101K | $0 | $0 | — | View 990 |
| 2017 | $91K | $66K | $1 | $0 | — | View 990 |
| 2016 | $61K | $75K | $26K | $40K | — | View 990 |
| 2015 | $79K | $61K | $40K | $360 | — | View 990 |
| 2014 | $56K | $41K | $19K | $0 | — | — |
| 2013 | $75K | $67K | $75K | $67K | — | View 990 |
| 2012 | $45K | $35K | $16K | $0 | — | View 990 |
| 2011 | $39K | $36K | $8K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $0, expenses of $0, and assets of $1 (revenue -100.0% year-over-year).
- 2022: Revenue of $58K, expenses of $131K, and assets of $24K (revenue -23.2% year-over-year).
- 2021: Revenue of $75K, expenses of $70K, and assets of $173K (revenue +12.6% year-over-year).
- 2020: Revenue of $67K, expenses of $53K, and assets of $0 (revenue -22.5% year-over-year).
- 2019: Revenue of $86K, expenses of $59K, and assets of $0 (revenue -15.9% year-over-year).
- 2018: Revenue of $102K, expenses of $101K, and assets of $0 (revenue +12.9% year-over-year).
- 2017: Revenue of $91K, expenses of $66K, and assets of $1 (revenue +49.5% year-over-year).
- 2016: Revenue of $61K, expenses of $75K, and assets of $26K (revenue -23.3% year-over-year).
- 2015: Revenue of $79K, expenses of $61K, and assets of $40K (revenue +41.2% year-over-year).
- 2014: Revenue of $56K, expenses of $41K, and assets of $19K (revenue -25.3% year-over-year).
- 2013: Revenue of $75K, expenses of $67K, and assets of $75K (revenue +67.1% year-over-year).
- 2012: Revenue of $45K, expenses of $35K, and assets of $16K (revenue +14.4% year-over-year).
- 2011: Revenue of $39K, expenses of $36K, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Asian American Success Incorporated:
Data Sources and Methodology
This transparency report for Asian American Success Incorporated 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.