Civic Intelligence

Asia Developmental Services Inc

990 • Fiscal year 2020 • EIN 23-7312916

Jul 01, 2019 to Jun 30, 2020 • Filed on Oct 30, 2020

1209 Orange StreetWilmington, DE 19801

(985) 640-7347

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.77x

Higher debt load relative to assets than 92% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

84th percentile

0.21x

Higher debt load relative to revenue than 84% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

23rd percentile

-17%

Higher net margin than 23% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

99th percentile

$241,163

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 49.3% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

62nd percentile

15%

Faster asset growth than 62% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

89th percentile

54%

Faster revenue growth than 89% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$133,623

Up $17,082 (+15%) from 2019

Net Assets

Down

$30,714

Down $83,238 (-73%) from 2019

Liabilities

Up

$102,909

Up $100,320 (+3875%) from 2019

Revenue

Up

$488,933

Up $170,825 (+54%) from 2019

Expenses

Up

$572,171

Up $348,039 (+155%) from 2019

Net Income

Down

-$83,238

Down $177,214 (-189%) from 2019

Historical Trend

Balance Sheet Trend

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

$400K$200K$0-$200K-$400KAssets 2019: $116,541Liabilities 2019: $2,589Net Assets 2019: $113,9522019Assets 2020: $133,623Liabilities 2020: $102,909Net Assets 2020: $30,7142020Assets 2021: $232,891Liabilities 2021: $197,622Net Assets 2021: $35,2692021Assets 2022: $36,475Liabilities 2022: $239,045Net Assets 2022: -$202,5702022Assets 2023: $85,855Liabilities 2023: $180,232Net Assets 2023: -$94,3772023Assets 2024: $124,623Liabilities 2024: $215,491Net Assets 2024: -$90,8682024Assets 2025: $98,129Liabilities 2025: $109,047Net Assets 2025: -$10,9182025

Highlighted filing

2020

Assets$133,623
Liabilities$102,909
Net Assets$30,714

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2019: $318,108Expenses 2019: $224,132Net Income 2019: $93,9762019Revenue 2020: $488,933Expenses 2020: $572,171Net Income 2020: -$83,2382020Revenue 2021: $659,155Expenses 2021: $654,600Net Income 2021: $4,5552021Revenue 2022: $660,000Expenses 2022: $940,900Net Income 2022: -$280,9002022Revenue 2023: $1,057,000Expenses 2023: $929,553Net Income 2023: $127,4472023Revenue 2024: $1,229,300Expenses 2024: $1,219,885Net Income 2024: $9,4152024Revenue 2025: $1,465,000Expenses 2025: $1,372,798Net Income 2025: $92,2022025

Highlighted filing

2020

Revenue$488,933
Expenses$572,171
Net Income-$83,238
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Oct 30, 2020
Return Version
2019v5.1
Gross Receipts
$488,933
Mission and Program Overview

Mission

To promote the welfare of needy people, particularly children anywhere in the world, by any means that will improve their general condition.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$115,987$88,976▼ $27,011
Cash and Non-Interest-Bearing Accounts$554$44,647▲ $44,093
Total Assets$116,541$133,623▲ $17,082
Liabilities
Grants Payable$2,589$99,159▲ $96,570
Accounts Payable and Accrued Expenses-$3,750-
Total Liabilities$2,589$102,909▲ $100,320
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$113,952$30,714▼ $83,238
Total Net Assets Fund Balance$113,952$30,714▼ $83,238
Total Liabilities and Net Assets / Fund Balance$116,541$133,623▲ $17,082

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$88,976$39,149$128,125
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Sam VoorhiesCEO$4,100$54,514$58,614

Board Members and Trustees

NameTitle
Christopher WilliamsGeneral Director
William KennyGeneral Director
Revenue and Support

Revenue Composition

Contributions and Grants
$488,933
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-83,238
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$414,555
Other Expenses$153,516
Salaries, Compensation, and Employee Benefits$4,100
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$414,555--$414,555
Fees for Services Other$45,746--$45,746
Depreciation Depletion$39,149--$39,149
Information Technology$34,264--$34,264
Fees for Services Legal$12,182$12,196-$24,378
Occupancy$7,049--$7,049
Current Officers, Directors, Trustees, and Key Employees$4,100--$4,100
Office Expenses$901$2,029-$2,930
Total Functional Expenses$557,946$14,225$0$572,171
International Activity

International Summary

Offices
2
Employees
4
Spending
$414,555

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
South AsiaProgram serviceswelfare24$414,555
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 8B

The organization has no committees with authority to act on behalf of the governing body. Therefore, this line was answered no in accordance with the instructions.

Form 990, Part VI, Section B, line 11B

Form 990 is reviewed and signed by an independent CPA firm. The reviewed Form 990 is then provided to the board of directors prior to filing with the IRS.

Form 990, Part VI, Section C, line 19

Asia Developmental Services' governing documents and financial statements are available through the contact form on the website.

Filing and Contact Details

Filer

Filer Name
Asia Developmental Services Inc
EIN
23-7312916
Phone
9856407347
Address
1209 Orange Street, Wilmington, DE 19801

Signing Officer

Name
Samuel J Voorhies
Title
CEO
Phone
9856407347
Signed
2020-10-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Samuel J Voorhies
Formed
1972
Legal Domicile
De
Voting Board Members
3
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Capin Crouse LLP
Address
2435 Research Parkway STE 200, Colorado Springs, CO 80920
Preparer
Ted R Batson Jr
Phone
7195286225
Supplemental Narrative

Additional Explanations

Form 990, Part XII Line 2C

The organization's board assumes responsibility for oversight of the audit of its financial statements and selection of its independent accountant. This process has not changed since the prior year.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization has no committees with authority to act on behalf of the governing body. Therefore, this line was answered no in accordance with the instructions.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990 is reviewed and signed by an independent CPA firm. The reviewed Form 990 is then provided to the board of directors prior to filing with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Asia Developmental Services' governing documents and financial statements are available through the contact form on the website.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization's board assumes responsibility for oversight of the audit of its financial statements and selection of its independent accountant. This process has not changed since the prior year.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part XII Line 2c
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Compassion International Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0362423707
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Charitable
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0Line 1
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt012290 Voyager Parkway
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Colorado Springs
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd080921
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0488933
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0management decision
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0Compassion International Inc
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0C
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0116541
IRS990/TotalAssetsEOYAmt0133623
IRS990/TotalAssetsGrp/BOYAmt0116541
IRS990/TotalAssetsGrp/EOYAmt0133623
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt0488933
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt014225
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0557946
IRS990/TotalFunctionalExpensesGrp/TotalAmt0572171
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02589
IRS990/TotalLiabilitiesEOYAmt0102909
IRS990/TotalLiabilitiesGrp/BOYAmt02589
IRS990/TotalLiabilitiesGrp/EOYAmt0102909
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0113952
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt030714
IRS990/TotalOtherCompensationAmt093975
IRS990/TotalProgramServiceExpensesAmt0557946
IRS990/TotalReportableCompFromOrgAmt04100
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0488933
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0116541
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0133623
IRS990/TotReportableCompRltdOrgAmt0361093
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01209 Orange Street
IRS990/USAddress/CityNm0Wilmington
IRS990/USAddress/StateAbbreviationCd0DE
IRS990/USAddress/ZIPCd019801
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0asiadevelopmentalservices.org
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Samuel J Voorhies
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum09856407347
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-10-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Asia Developmental Services Inc
ReturnHeader/Filer/BusinessNameControlTxt0ASIA
ReturnHeader/Filer/EIN0237312916
ReturnHeader/Filer/PhoneNum09856407347
ReturnHeader/Filer/USAddress/AddressLine1Txt01209 Orange Street
ReturnHeader/Filer/USAddress/CityNm0Wilmington
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DE
ReturnHeader/Filer/USAddress/ZIPCd019801
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0557F32CED3C470A97B4A6F87E4A3F249CFFC2454
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId06A08A34D485D602227C1AC49D8E4125B4DCED67B
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0139.146.132.42
ReturnHeader/FilingSecurityInformation/IPDt02020-10-30

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