Civic Intelligence

Projects for Asia Charitable Foundation

990EZ • Fiscal year 2023 • EIN 04-3422112

Jan 01, 2023 to Dec 31, 2023 • Filed on Mar 23, 2024

Organization Profilewww.projectsforasia.com
732 Eden Way North Ste 119Chesapeake, VA 23320

(757) 262-7228

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

29th percentile

-8.4%

Higher net margin than 29% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

96th percentile

234%

Faster asset growth than 96% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

12th percentile

-46%

Faster revenue growth than 12% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$6,965

Up $4,880 (+234%) from 2022

Net Assets

Up

$6,965

Up $4,880 (+234%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin29th percentile

Revenue

Down

$136,674

Down $114,151 (-46%) from 2022

Expenses

Down

$148,102

Down $108,208 (-42%) from 2022

Net Income

Down

-$11,428

Down $5,943 (-108%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth96th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30K$20K$10K$0Assets 2013: $20,536Liabilities 2013: $0Net Assets 2013: $20,5362013Assets 2014: $14,060Liabilities 2014: $0Net Assets 2014: $14,0602014Assets 2015: $583Liabilities 2015: $0Net Assets 2015: $5832015Assets 2016: $1,060Liabilities 2016: $0Net Assets 2016: $1,0602016Assets 2017: $19,510Liabilities 2017: $0Net Assets 2017: $19,5102017Assets 2018: $135Liabilities 2018: $0Net Assets 2018: $1352018Assets 2019: $405Liabilities 2019: $0Net Assets 2019: $4052019Assets 2020: $1,950Liabilities 2020: $02020Assets 2021: $7,570Liabilities 2021: $0Net Assets 2021: $7,5702021Assets 2022: $2,085Liabilities 2022: $0Net Assets 2022: $2,0852022Assets 2023: $6,965Liabilities 2023: $0Net Assets 2023: $6,9652023Assets 2024: $7,542Liabilities 2024: $0Net Assets 2024: $7,5422024Assets 2025: $16,973Liabilities 2025: $0Net Assets 2025: $16,9732025

Highlighted filing

2023

Assets$6,965
Liabilities$0
Net Assets$6,965
Open 2023 Filing

Operations Trend

Revenue Growth12th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2013: $264,302Expenses 2013: $245,660Net Income 2013: $18,6422013Revenue 2014: $224,312Expenses 2014: $231,398Net Income 2014: -$7,0862014Revenue 2015: $147,210Expenses 2015: $160,684Net Income 2015: -$13,4742015Revenue 2016: $137,688Expenses 2016: $137,212Net Income 2016: $4762016Revenue 2017: $153,511Expenses 2017: $134,001Net Income 2017: $19,5102017Revenue 2018: $150,322Expenses 2018: $170,757Net Income 2018: -$20,4352018Revenue 2019: $208,810Expenses 2019: $208,539Net Income 2019: $2712019Revenue 2020: $124,031Expenses 2020: $122,486Net Income 2020: $1,5452020Revenue 2021: $219,796Expenses 2021: $214,176Net Income 2021: $5,6202021Revenue 2022: $250,825Expenses 2022: $256,310Net Income 2022: -$5,4852022Revenue 2023: $136,674Expenses 2023: $148,102Net Income 2023: -$11,4282023Revenue 2024: $208,675Expenses 2024: $207,912Net Income 2024: $7632024Revenue 2025: $224,129Expenses 2025: $214,698Net Income 2025: $9,4312025

Highlighted filing

2023

Revenue$136,674
Expenses$148,102
Net Income-$11,428
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Mar 23, 2024
Return Version
2023v5.0
Gross Receipts
$136,674
Mission and Program Overview

Mission

Financial Support of Charitable Boarding School for Abandonded or Displaced Tribal Children in Chiang Mai Thailand

Program Services

DescriptionGrantsExpenses
All donated funds received are wire transfered to Projects for Asia charitable foundation Thailand$134,915$148,182
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Thomas BushDirectorFT$0--
James ReadSecretaryPT$0--
Douglas MatthewsTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Projects for Asia Charitable Foundation
EIN
04-3422112
Phone
7572627228
Address
732 Eden Way North Ste 119, Chesapeake, VA 23320

Signing Officer

Name
Thomas Bush
Title
Director
Signed
2024-03-23
Discuss with paid preparer
Yes

Preparer

Firm
On Call Accountants
Address
575 Lynnhaven Pkwy Ste 270, Virginia Beach, VA 23452
Preparer
Christopher Reich
Phone
7578024987
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

“| Donee's Name: Project of Asia | Cash Amount Given: $134915”

Other Expenses.1002

“Office Expenses $4655”

Other Expenses.1005

“Travel $7838”

Other Expenses.1

“Rent Expense $574”

Other Expenses.2

“Bank Service Fees $66”

Other Expenses.3

“Dues and Subscriptions $54”

Raw XML Appendix146 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Chesapeake
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd023320
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IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Thomas Bush
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt016308
IRS990EZ/OtherExpensesTotalAmt013187
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Financial Support of Charitable Boarding School for Abandonded or Displaced Tribal Children in Chiang Mai Thailand
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0All donated funds received are wire transfered to Projects for Asia charitable foundation Thailand
IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd0X
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0134915
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0148182
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0148102
IRS990EZ/TotalProgramServiceExpensesAmt0148182
IRS990EZ/TotalRevenueAmt0136674
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.projectsforasia.com
IRS990ScheduleA/CommunityTrustInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0136674
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0255330
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0213030
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0121500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0208810
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0935344
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0935344
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0136674
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0255330
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0213030
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0121500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0208810
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0935344
IRS990ScheduleA/TotalSupportAmt0935344
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: Project of Asia | Cash Amount Given: $134915
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $4655
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $7838
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Rent Expense $574
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Bank Service Fees $66
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Dues and Subscriptions $54
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.3
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
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ReturnHeader/BusinessOfficerGrp/SignatureDt02024-03-23
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ReturnHeader/Filer/PhoneNum07572627228
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ReturnHeader/Filer/USAddress/CityNm0Chesapeake
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ReturnHeader/PreparerPersonGrp/PhoneNum07578024987
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Christopher Reich
ReturnHeader/ReturnTs02024-03-23T06:10:42-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Thomas
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Bush
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,965
Liabilities
$0
Net assets
$6,965
Revenue
$136,674
Expenses
$148,102
Net income
-$11,428
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.17$2.24$2.15$0.09
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.00$0.08$2.09$2.08$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.07$0.00$0.07$1.37$1.48$0.11
2022Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$2.51$2.56$0.05
2021Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$2.20$2.14$0.06
2020Summary only. Only limited summary data is available for this year.$0.02$0.00$1.24$1.22$0.02
2019Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$2.09$2.09$0.00
2018Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$1.50$1.71$0.20
2017Summary only. Only limited summary data is available for this year.$0.20$0.00$0.20$1.54$1.34$0.20
2016Summary only. Only limited summary data is available for this year.$0.01$0.00$0.01$1.38$1.37$0.00
2015Summary only. Only limited summary data is available for this year.$0.01$0.00$0.01$1.47$1.61$0.13
2014Summary only. Only limited summary data is available for this year.$0.14$0.00$0.14$2.24$2.31$0.07
2013Summary only. Only limited summary data is available for this year.$0.21$0.00$0.21$2.64$2.46$0.19