Us Asean Business Council Institute Inc
Us Asean Business Council Institute Inc faces significant financial volatility and recurring deficits, with 2023 expenses exceeding revenue by over $500,000.
EIN: 133218841 · Washington, DC · Updated: 2026-03-28
Is Us Asean Business Council Institute Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Us Asean Business Council Institute Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Us Asean Business Council Institute Inc
Us Asean Business Council Institute Inc (EIN: 133218841) is a nonprofit organization based in Washington, DC. The organization reported total revenue of $140K and total assets of $340K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Us Asean Business Council Institute Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Us Asean Business Council Institute Inc is a small nonprofit that has been operating for 42 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -11.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $166K |
| Total Expenses | $698K |
| Surplus / Deficit | $-532,132 |
| Total Assets | $325K |
| Total Liabilities | $304K |
| Net Assets | $21K |
| Operating Margin | -321.0% |
| Debt-to-Asset Ratio | 93.4% |
| Months of Reserves | 5.6 months |
Financial Health Grade: C
In 2023, Us Asean Business Council Institute Inc reported a deficit of $532K with expenses exceeding revenue, holds 5.6 months of operating reserves (adequate), has a debt-to-asset ratio of 93.4% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Us Asean Business Council Institute Inc's revenue has declined at a compound annual growth rate (CAGR) of -11.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -80.5% | -14.6% | -60.0% |
| 2022 | +79.3% | +59.2% | +115.4% |
| 2021 | +305.6% | +243.1% | +0.8% |
| 2020 | -44.2% | -6.8% | +7.8% |
| 2019 | +47.1% | -60.7% | -17.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
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 Us Asean Business Council Institute Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Us Asean Business Council Institute Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $532K, with expenses exceeding revenue.
- Debt-to-asset ratio: 93.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting either a fully volunteer executive leadership or that executive compensation is embedded within other expense categories, which reduces transparency regarding leadership 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 Us Asean Business Council Institute Inc's IRS 990 filings:
- Significant and recurring operational deficits, notably $532,132 in 2023.
- Extreme year-over-year financial volatility in both revenue and expenses.
- High liabilities relative to assets, reaching $303,785 in 2023 against $325,249 in assets.
- Lack of reported officer compensation, potentially obscuring leadership costs.
- NTEE code is 'Unknown', hindering clear understanding of programmatic focus and peer comparison.
Strengths
The following positive indicators were identified for Us Asean Business Council Institute Inc:
- Demonstrated ability to generate substantial revenue in certain years, such as $850,222 in 2022.
- Maintained positive net assets in most years, despite recent deficits.
Frequently Asked Questions about Us Asean Business Council Institute Inc
Is Us Asean Business Council Institute Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Us Asean Business Council Institute Inc (EIN: 133218841) significant concerns. Mission Score: 45/100. 5 red flags identified, 2 strengths noted.
How does Us Asean Business Council Institute Inc spend its money?
Us Asean Business Council Institute Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Us Asean Business Council Institute Inc tax-deductible?
Us Asean Business Council Institute Inc is registered as a tax-exempt nonprofit (EIN: 133218841). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why did expenses exceed revenue by over $500,000 in 2023?
In 2023, the organization reported $165,772 in revenue but $697,904 in expenses, leading to a deficit of $532,132. This significant deficit warrants further investigation into its cause and funding strategy.
What caused the large fluctuations in revenue and expenses between 2020 and 2023?
Revenue jumped from $116,951 in 2020 to $850,222 in 2022, then dropped to $165,772 in 2023. Expenses also varied widely, from $149,515 in 2020 to $816,868 in 2022, and $697,904 in 2023. This volatility suggests an inconsistent funding model or project-based operations.
How does the organization manage its liabilities, which reached $303,785 in 2023?
Liabilities have been a consistent feature on the balance sheet, reaching $303,785 in 2023, which is a significant portion of its $325,249 in assets. This level of liabilities relative to assets could indicate financial strain or reliance on debt.
Is the organization's executive leadership compensated, despite 0% officer compensation reported?
All filings indicate 0% officer compensation. If executives are compensated, it's not reported in this specific line item, which could obscure the true cost of leadership and impact transparency.
Filing History
IRS 990 filing history for Us Asean Business Council Institute Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Us Asean Business Council Institute Inc's revenue has declined by 79.7%, moving from $818K to $166K. Total assets decreased by 19.4% over the same period, from $403K to $325K. Total functional expenses rose by 217.2%, from $220K to $698K. In its most recent filing year (2023), Us Asean Business Council Institute Inc reported a deficit of $532K, with expenses exceeding revenue. The organization holds $304K in liabilities against $325K in assets (debt-to-asset ratio: 93.4%), resulting in net assets of $21K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $166K | $698K | $325K | $304K | — | — |
| 2022 | $850K | $817K | $812K | $526K | — | View 990 |
| 2021 | $474K | $513K | $377K | $90K | — | View 990 |
| 2020 | $117K | $150K | $374K | $67K | — | — |
| 2019 | $210K | $160K | $347K | $0 | — | View 990 |
| 2018 | $143K | $408K | $420K | $139K | — | View 990 |
| 2017 | $274K | $203K | $691K | $109K | — | — |
| 2016 | $223K | $172K | $482K | $0 | — | View 990 |
| 2015 | $81K | $145K | $470K | $36K | — | View 990 |
| 2014 | $208K | $99K | $569K | $56K | — | — |
| 2013 | $55K | $67K | $502K | $99K | — | View 990 |
| 2012 | $101K | $106K | $477K | $77K | — | View 990 |
| 2011 | $76K | $86K | $415K | $27K | — | View 990 |
| 2010 | $818K | $220K | $403K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $166K, expenses of $698K, and assets of $325K (revenue -80.5% year-over-year).
- 2022: Revenue of $850K, expenses of $817K, and assets of $812K (revenue +79.3% year-over-year).
- 2021: Revenue of $474K, expenses of $513K, and assets of $377K (revenue +305.6% year-over-year).
- 2020: Revenue of $117K, expenses of $150K, and assets of $374K (revenue -44.2% year-over-year).
- 2019: Revenue of $210K, expenses of $160K, and assets of $347K (revenue +47.1% year-over-year).
- 2018: Revenue of $143K, expenses of $408K, and assets of $420K (revenue -48.0% year-over-year).
- 2017: Revenue of $274K, expenses of $203K, and assets of $691K (revenue +23.0% year-over-year).
- 2016: Revenue of $223K, expenses of $172K, and assets of $482K (revenue +174.3% year-over-year).
- 2015: Revenue of $81K, expenses of $145K, and assets of $470K (revenue -60.9% year-over-year).
- 2014: Revenue of $208K, expenses of $99K, and assets of $569K (revenue +278.2% year-over-year).
- 2013: Revenue of $55K, expenses of $67K, and assets of $502K (revenue -45.8% year-over-year).
- 2012: Revenue of $101K, expenses of $106K, and assets of $477K (revenue +33.3% year-over-year).
- 2011: Revenue of $76K, expenses of $86K, and assets of $415K (revenue -90.7% year-over-year).
- 2010: Revenue of $818K, expenses of $220K, and assets of $403K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Us Asean Business Council Institute Inc:
Data Sources and Methodology
This transparency report for Us Asean Business Council Institute Inc 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.