Civic Intelligence

Asian Vegetable Research and Development Center Asveg

EIN 23-7320169 • 501(c)3 • Shanhua Tainan, TW

Profile

To alleviate poverty and malnutrition in the developing world through the increased production and consumption of nutritious and health-promoting vegetables.

PO Box 42Shanhua Tainan 74199Tw
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

84th percentile

0.72x

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

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.42x

Higher debt load relative to revenue than 61% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

42nd percentile

1.8%

Higher net margin than 42% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

75th percentile

$400,675

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

43rd percentile

3.3%

Faster asset growth than 43% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

54th percentile

9.3%

Faster revenue growth than 54% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets84th percentile

Assets

Up

$19,852,235

Up $634,774 (+3.3%) from 2023

Liabilities

Up

$14,354,686

Up $872,592 (+6.5%) from 2023

Net Assets

Down

$5,497,549

Down $237,818 (-4.1%) from 2023

Operations
Liabilities / Revenue61st percentileNet Margin42nd percentile

Revenue

Up

$34,152,148

Up $2,898,936 (+9.3%) from 2023

Expenses

Up

$33,549,330

Up $2,912,826 (+9.5%) from 2023

Net Income

Down

$602,818

Down $13,890 (-2.3%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth43rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2020: $21,709,209Liabilities 2020: $16,084,131Net Assets 2020: $5,625,0782020Assets 2021: $21,957,775Liabilities 2021: $16,598,353Net Assets 2021: $5,359,4222021Assets 2022: $20,234,692Liabilities 2022: $15,239,554Net Assets 2022: $4,995,1382022Assets 2023: $19,217,461Liabilities 2023: $13,482,094Net Assets 2023: $5,735,3672023Assets 2024: $19,852,235Liabilities 2024: $14,354,686Net Assets 2024: $5,497,5492024

Highlighted filing

2024

Assets$19,852,235
Liabilities$14,354,686
Net Assets$5,497,549
Open 2024 Filing

Operations Trend

Revenue Growth54th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$40M$30M$20M$10M$0Revenue 2020: $22,660,479Expenses 2020: $22,551,655Net Income 2020: $108,8242020Revenue 2021: $26,738,440Expenses 2021: $26,704,654Net Income 2021: $33,7862021Revenue 2022: $27,158,703Expenses 2022: $26,243,777Net Income 2022: $914,9262022Revenue 2023: $31,253,212Expenses 2023: $30,636,504Net Income 2023: $616,7082023Revenue 2024: $34,152,148Expenses 2024: $33,549,330Net Income 2024: $602,8182024

Highlighted filing

2024

Revenue$34,152,148
Expenses$33,549,330
Net Income$602,818
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$19,852,235
Liabilities
$14,354,686
Net assets
$5,497,549
Revenue
$34,152,148
Expenses
$33,549,330
Net income
$602,818
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$19.9$14.4$5.50$34.2$33.5$0.60
2023Detailed filing. Detailed filing data is available for this year.$19.2$13.5$5.74$31.3$30.6$0.62
2022Detailed filing. Detailed filing data is available for this year.$20.2$15.2$5.00$27.2$26.2$0.91
2021Detailed filing. Detailed filing data is available for this year.$22.0$16.6$5.36$26.7$26.7$0.03
2020Detailed filing. Detailed filing data is available for this year.$21.7$16.1$5.63$22.7$22.6$0.11
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 30, 2025
Return Version
2024v5.0
Gross Receipts
$34,152,148
Mission and Program Overview

Mission

To alleviate poverty and malnutrition in the developing world through the increased production and consumption of nutritious and health-promoting vegetables.

The Asian Vegetable Research and Development Center(World Veg)was founded in 1971 as an international, autonomous, philanthropic, non-profit research and development organization to promote vegetable production and consumption in Asia, with its headquarters in Shanhua Tainan, Taiwan.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$8,579,885$6,500,306▼ $2,079,579
Savings and Temporary Cash Investments$5,383,523$5,256,502▼ $127,021
Pledges and Grants Receivable$2,141,009$4,527,028▲ $2,386,019
Prepaid Expenses and Deferred Charges$2,217,668$2,349,006▲ $131,338
Accounts Receivable$563,496$891,699▲ $328,203
Land, Buildings, and Equipment, Net$331,880$327,694▼ $4,186
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$19,217,461$19,852,235▲ $634,774
Other Assets Total$0$0→ $0
Liabilities
Grants Payable$8,061,656$8,400,463▲ $338,807
Accounts Payable and Accrued Expenses$3,198,697$3,504,336▲ $305,639
Other Liabilities$2,221,741$2,449,887▲ $228,146
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$13,482,094$14,354,686▲ $872,592
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,735,367$5,497,549▼ $237,818
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$5,735,367$5,497,549▼ $237,818
Total Liabilities and Net Assets / Fund Balance$19,217,461$19,852,235▲ $634,774

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Equipment$327,694$1,500,746$0
Leasehold Improvements$0$0$0
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Marco WopereisDirector GeneralFT$324,534$76,141$400,675
Dirk OverwegDirector of Corporate ServicesFT$207,742$53,226$260,968
Rugalema GabrielAssociate DG-Africa and RD-Eastern and Southern AfricaFT$184,506$66,827$251,333
Delphine LarrousseDirector - Global Engagement and RD-ESEAFT$119,856$85,818$205,674
Srinivasan RamasamyFlagship Program leader-Safe & Sustainable Value ChainsFT$138,934$64,028$202,962
Pepijn SchreinemachersFlagship Program Leader -Enabling Impact / Healthy DietsFT$122,873$77,316$200,189
Malick Niango BaRegional Director- West and Central AfricaFT$123,000$64,190$187,190
Roland SchafleitnerFlagship Program Leader - Vegetable Diversity and ImprovementFT$124,567$53,481$178,048
Jocelyn PilapilDirector of Human ResourcesFT$122,104$32,435$154,539
Wang Yun-PingDeputy Director General - PartnershipsFT$73,333$29,542$102,875
Masa IwanagaBoard of Director-$9,800-$9,800
Bonnie McClaffetryBoard of Director-$7,350-$7,350
Julie HowardBoard of Director-$4,200-$4,200
Gordon MacNeilBoard of Director-$3,865-$3,865
Clarissa Van HeerdenBoard of Director-$3,500-$3,500
Myoung Rae ChoBoard of Director-$2,450-$2,450
Victor AjierohBoard of Director-$2,450-$2,450
Anand Kumar SinghBoard of Director-$2,100-$2,100
Chia-Rong Vincent LinBoard of Director-$2,100-$2,100
Gordon RogersBoard of Director-$2,100-$2,100
Hsueh-Shih LinBoard of Director-$2,100-$2,100
Marlis LindeckeBoard of Director-$2,100-$2,100
Buncha ChinnasriBoard of Director-$700-$700
Gerald Glenn PanganibanBoard of Director-$350-$350

Board Members and Trustees

NameTitle
Eme Tony-UzoeboBoard of Director
Joseph MunyanezaBoard of Director
Junne-Jih ChenBoard of Director
Kwame Akuffo-AkotoBoard of Director
Sarah SchmidtBoard of Director
Yo TakabaBoard of Director

Highest Paid Contractors

ContractorServicesLocationCompensation
Panasonic Sales Taiwan Co LtdConstruction contractorF 1 No 57 Jian 6th Road, New Taipei City, Tw$279,166
Setup Facility Engineering Co LTDConstruction contractorNo 25 5 Yiminliao Shanhua Dist, Zonghe District, Tainan, Tw$205,776
Revenue and Support

Revenue Composition

Contributions and Grants
$31,157,927
Program Service Revenue
$2,390,135
Investment Income
$103,439
Other Revenue
$500,647
All Other Contributions
$31,157,927
Change in Net Assets
$602,818

Audited Revenue Reconciliation

Revenue per Audited Statements
$31,157,927
Revenue Not Reported on Financial Statements
$2,994,221
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$2,994,221
Total Revenue per Audited Statements
$31,157,927
Total Revenue per Form 990
$34,152,148
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$21,628,257
Salaries, Compensation, and Employee Benefits$11,921,073
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$24,173,726$148,891$0$24,322,617
Current Officers, Directors, Trustees, and Key Employees$3,227,800$2,425,485$0$5,653,285
Other Salaries and Wages$2,684,196$1,709,239$0$4,393,435
Office Expenses$2,287,017$509,908$0$2,796,925
Travel$2,138,655$354,260$0$2,492,915
Other Employee Benefits$449,593$1,424,760$0$1,874,353
Conferences and Meetings$944,822$77,570$0$1,022,392
Fees for Services Accounting$0$79,057$0$79,057
Other Expenses$31$24,695$0$24,726
All Other Expenses$-9,841,150$730,775$0$-9,110,375
Total Functional Expenses$26,064,690$7,484,640$0$33,549,330

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$33,549,330
Total Expenses per Audited Statements$33,549,330
Total Expenses per Form 990$33,549,330
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accounts Payable to unility, supplies, contractors and research unit of HQ$2,012,622
Accounts Payable for Collaborator/Partners$437,265
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“Form 990, Part VI, Section B, Line 11b - No.”

Form 990, Part VI, Section B, Line 15

“Form 990, Part VI, Section B, Line 15 - The center uses the Consultative Group on International Agricultural Research centers(CGIAR) remuneration as comparator for adjusting salaries. The Human Resources Unit will make recommendation to the Director General/Institution management committee for adjustments. The Director General will in turn get the Board of Director to endorse the recommendation.”

Form 990, Part VI, Section C, Line 19

“Upon request”

Filing and Contact Details

Filer

Filer Name
Asian Vegetable Research and Development Center Asveg
EIN
23-7320169
Phone
8865837801
Address
TW

Signing Officer

Name
Dirk Overweg
Title
Director of Corporate Services
Phone
8865837801
Signed
2025-04-30

Organization Details

Principal Officer
Marco Wopereis
Formed
1973
Voting Board Members
20
Independent Board Members
11
Employees
0
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Form 990, Part XI, Line 9 - Total other changes in net assets or fund balances: -840,636”

Financial Statement Notes

Schedule D, Part XI, Line 4B

“Schedule D, Part XI, Line 4b - represents indirect costs recovery$2,390,135 Miscellaneous$500,647, Interest income 103,439 Total$2,994,221”

Raw XML AppendixShowing 400 of 1,248 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.

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IRS990/Form990PartVIISectionAGrp/PersonNm2Rugalema Gabriel
IRS990/Form990PartVIISectionAGrp/PersonNm3Delphine Larrousse
IRS990/Form990PartVIISectionAGrp/PersonNm4Srinivasan Ramasamy
IRS990/Form990PartVIISectionAGrp/PersonNm5Pepijn Schreinemachers
IRS990/Form990PartVIISectionAGrp/PersonNm6Malick Niango Ba
IRS990/Form990PartVIISectionAGrp/PersonNm7Roland Schafleitner
IRS990/Form990PartVIISectionAGrp/PersonNm8Jocelyn Pilapil
IRS990/Form990PartVIISectionAGrp/PersonNm9Wang Yun-Ping
IRS990/Form990PartVIISectionAGrp/PersonNm10Masa Iwanaga
IRS990/Form990PartVIISectionAGrp/PersonNm11Bonnie McClaffetry
IRS990/Form990PartVIISectionAGrp/PersonNm12Julie Howard
IRS990/Form990PartVIISectionAGrp/PersonNm13Gordon MacNeil
IRS990/Form990PartVIISectionAGrp/PersonNm14Myoung Rae Cho
IRS990/Form990PartVIISectionAGrp/PersonNm15Victor Ajieroh
IRS990/Form990PartVIISectionAGrp/PersonNm16Marlis Lindecke
IRS990/Form990PartVIISectionAGrp/PersonNm17Anand Kumar Singh
IRS990/Form990PartVIISectionAGrp/PersonNm18Chia-Rong Vincent Lin
IRS990/Form990PartVIISectionAGrp/PersonNm19Hsueh-Shih Lin
IRS990/Form990PartVIISectionAGrp/PersonNm20Gordon Rogers
IRS990/Form990PartVIISectionAGrp/PersonNm21Buncha Chinnasri
IRS990/Form990PartVIISectionAGrp/PersonNm22Gerald Glenn Panganiban
IRS990/Form990PartVIISectionAGrp/PersonNm23Junne-Jih Chen
IRS990/Form990PartVIISectionAGrp/PersonNm24Clarissa Van Heerden
IRS990/Form990PartVIISectionAGrp/PersonNm25Kwame Akuffo-Akoto
IRS990/Form990PartVIISectionAGrp/PersonNm26Joseph Munyaneza
IRS990/Form990PartVIISectionAGrp/PersonNm27Yo Takaba
IRS990/Form990PartVIISectionAGrp/PersonNm28Sarah Schmidt
IRS990/Form990PartVIISectionAGrp/PersonNm29Eme Tony-Uzoebo
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Director General
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director of Corporate Services
IRS990/Form990PartVIISectionAGrp/TitleTxt2Associate DG-Africa and RD-Eastern and Southern Africa
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director - Global Engagement and RD-ESEA
IRS990/Form990PartVIISectionAGrp/TitleTxt4Flagship Program leader-Safe & Sustainable Value Chains
IRS990/Form990PartVIISectionAGrp/TitleTxt5Flagship Program Leader -Enabling Impact / Healthy Diets
IRS990/Form990PartVIISectionAGrp/TitleTxt6Regional Director- West and Central Africa
IRS990/Form990PartVIISectionAGrp/TitleTxt7Flagship Program Leader - Vegetable Diversity and Improvement
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director of Human Resources
IRS990/Form990PartVIISectionAGrp/TitleTxt9Deputy Director General - Partnerships
IRS990/Form990PartVIISectionAGrp/TitleTxt10Board of Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Board of Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Board of Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Board of Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Board of Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Board of Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Board of Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Board of Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Board of Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19Board of Director
IRS990/Form990PartVIISectionAGrp/TitleTxt20Board of Director
IRS990/Form990PartVIISectionAGrp/TitleTxt21Board of Director
IRS990/Form990PartVIISectionAGrp/TitleTxt22Board of Director
IRS990/Form990PartVIISectionAGrp/TitleTxt23Board of Director
IRS990/Form990PartVIISectionAGrp/TitleTxt24Board of Director
IRS990/Form990PartVIISectionAGrp/TitleTxt25Board of Director
IRS990/Form990PartVIISectionAGrp/TitleTxt26Board of Director
IRS990/Form990PartVIISectionAGrp/TitleTxt27Board of Director
IRS990/Form990PartVIISectionAGrp/TitleTxt28Board of Director
IRS990/Form990PartVIISectionAGrp/TitleTxt29Board of Director
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