ASSOCIATION FOR ASIAN STUDIES INC Charity Report

Public IRS 990 nonprofit record

ASSOCIATION FOR ASIAN STUDIES INC

EIN 38-1615380 · Education (B)

What they do

A Non-profit Dedicated to The Advancement of The Field of Asian Studies Through International Exchange, Networking, Publication, Research Support and Career Development.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $72.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders24 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

67.64%of revenue went to mission work72.5% of expenses · Program services

0.06%of revenue went to fundraising0.1% of expenses

$93.30spent for every $100 of revenueRevenue covered expenses this year.

25.59%of revenue went to management and office costs27.4% of expenses

$3.64in assets for every $1 spent this yearSome assets cannot be spent right away.

33.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $145,262 for HILARY FINCHUM-SUNG (EX OFFICIO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$4,165,794

Mission workProgram services$2,817,87167.64% of revenue72.5% of expenses

ManagementOffice and general costs$1,066,20225.59% of revenue27.4% of expenses

FundraisingAsking for donations$2,6300.06% of revenue0.1% of expenses

Revenue left after expensesReported annual surplus$279,0916.70% of revenueShown in gray on the chart

Total expenses$3,886,70393.30% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 72.5% mission · 27.4% management · 0.1% fundraisingTotal expenses: 93.30% of revenue

2023Expense mix: 75.7% mission · 24.3% management · 0.0% fundraisingTotal expenses: 113.36% of revenue

2022Expense mix: 80.0% mission · 19.7% management · 0.2% fundraisingTotal expenses: 111.60% of revenue

2021Expense mix: 69.7% mission · 30.3% management · 0.0% fundraisingTotal expenses: 61.85% of revenue

2020Expense mix: 79.8% mission · 17.4% management · 2.8% fundraisingTotal expenses: 61.21% of revenue

2019Expense mix: 85.0% mission · 14.0% management · 1.0% fundraisingTotal expenses: 60.85% of revenue

2018Expense mix: 83.2% mission · 15.8% management · 1.0% fundraisingTotal expenses: 165.25% of revenue

2017Expense mix: 80.1% mission · 18.7% management · 1.2% fundraisingTotal expenses: 77.69% of revenue

Money in and money out

Revenue$4,165,794

Expenses$3,886,703

Annual surplus $279,091 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$2,817,871 · 72.5% of expenses

Management and office costs$1,066,202 · 27.4% of expenses

Fundraising$2,630 · 0.1% of expenses

See all reported dollar amounts

Revenue$4,165,794

Expenses$3,886,703

Assets$14,136,040

Income$4,688,634

Contributions$1,379,933

Mission work (program services)$2,817,871

Fundraising$2,630

Grants given$34,336

Average grant$5,723

Management and general$1,066,202

Stocks and bonds$12,843,220

Accounting fees$96,176

Investing fees$45,286

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

HILARY FINCHUM-SUNGEX OFFICIO · 40 hrs/week $145,262Base $112,435 · Other $32,827

JOANNA MIDDLEDITCHDIR. OF FINANCIAL OPERATIONS · 40 hrs/week $141,537Base $112,698 · Other $28,839

KRISNA UKDIR. OF SPECIAL INITIATIVE · 40 hrs/week $140,936Base $121,482 · Other $19,454

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (24)

HILARY FINCHUM-SUNGEX OFFICIO

JOANNA MIDDLEDITCHDIR. OF FINANCIAL OPERATIONS

KRISNA UKDIR. OF SPECIAL INITIATIVE

WALTER HAKALASAC CHAIR

ANNE GERRITSEN ENDEDACP COMMITTEE CHAIR

SONJA KIM ENDEDNEAC CHAIR

SIDDHARTH CHANDRAFIN COMMITTEE CHAIR

SHELLEN XIAO WU ENDEDEIAC CHAIR

REBECCA CORBETTCOC CHAIR

NANCY PELUSOVICE PRESIDENT

MICHITAKE ASOSEAC CHAIR

MANAN AHMED ENDEDSAC CHAIR

KAMRAN ALIPAST PAST PRESIDENT

JOSEPH ALTERJAS EDITOR

JEAN OIPAST PRESIDENT

JANET THEISSEIAC CHAIR

JAN BARDSLEYEDITORIAL BD CHAIR

HYAEWEOL CHOIPRESIDENT AND BOARD CHAIR

HY LUONG ENDEDPAST PAST PRESIDENT

EUNSOOK JUNG ENDEDSEAC CHAIR

ELENA VALUSSIDEI CHAIR

DURBA GHOSHACP COMMITTEE CHAIR

DON WYATT ENDEDDEI CHAIR

CHARLOTTE EUBANKSNEAC CHAIR

About this charity

Recognized since: January 1958
Location: 825 Victors Way 310, Ann Arbor, MI 48108
County: Washtenaw
In care of: Hilary V Finchum-Sung
Primary officer: Hilary V Finchum-Sung, Executive Director

How to reach them

WebsiteVisit the charity’s website Phone(734) 665-2490

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: YEO & YEO PC
NTEE classification: Education (B)
IRS tax category: Education
Grant-giving organization: Yes