Civic Intelligence

Asher Center for Innovation and Entrepreneurship Foundation

EIN 88-3191952 • 501(c)3 • Warrensvl Hts, OH

Profile

To ensure that Lebanese youth receive the education support and mentoring to become the leading entrepreneurs of their generation by providing funding for their wellbeing during their youth and educational scholarships as well as supporting entrepreneurial centers so that they receiving the guidance to develop their business ideas.

4760 Richmond Rd Ste 200Warrensvl Hts, OH 44128

asherfdn.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

12th percentile

-69%

Higher net margin than 12% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

16th percentile

-67%

Faster asset growth than 16% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

19th percentile

-48%

Faster revenue growth than 19% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$37,082

Down $74,264 (-67%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$37,082

Down $74,264 (-67%) from 2023

Revenue

Down

$108,063

Down $97,993 (-48%) from 2023

Expenses

Up

$182,327

Up $87,617 (+93%) from 2023

Net Income

Down

-$74,264

Down $185,610 (-167%) from 2023

Trend Graphs

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2023: $111,346Liabilities 2023: $0Net Assets 2023: $111,3462023Assets 2024: $37,082Net Assets 2024: $37,0822024

Highlighted filing

2024

Assets$37,082
Liabilities-
Net Assets$37,082

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2023: $206,056Expenses 2023: $94,710Net Income 2023: $111,3462023Revenue 2024: $108,063Expenses 2024: $182,327Net Income 2024: -$74,2642024

Highlighted filing

2024

Revenue$108,063
Expenses$182,327
Net Income-$74,264

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.1
Gross Receipts
$108,063
Mission and Program Overview

Mission

To ensure that Lebanese youth receive the education support and mentoring to become the leading entrepreneurs of their generation by providing funding for their wellbeing during their youth and educational scholarships as well as supporting entrepreneurial centers so that they receiving the guidance to develop their business ideas.

Program Services

DescriptionGrantsExpenses
The Asher Center for Innovation and Entrepreneurship at the Holy Spirit University of Kaslik advanced innovation and entrepreneurship through multiple initiatives including hosting workshop and coaching to assist students in developing their ideas into business plans for startups. The PowerUp program supported 18 tech-oriented startups with a six-month incubation delivering 216 hours of coaching 40+ technical assistance sessions $36,000 in grants and access to 600+ digital perks. Startups refined prototypes into market-ready products and prepared for acceleration and investment opportunities.$98,350$98,350
Funds granted to SOS Childrens Villages Lebanon were used to support the emergency relocation of children and staff from the Bekaa region to Batroun-Kfarhay following the escalation of conflict in Lebanon. The site previously closed due to lack of funding required extensive cleaning repairs and re-equipping to provide a safe and nurturing environment. Our contribution helped restore the village ensuring childrens safety and access to education psychological support and recreational spaces. This effort provided stability and care for vulnerable children promoting their well-being and long-term development.$65,000$65,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Anthony AsherChairman Of The Board Of DirectorsPT$0--
Jad DayeTrustee-$0--
George E KikanoTrustee-$0--
Robert KouriehTrustee-$0--
Rami ChalhoubTrustee-$0--
George RepchickTrustee-$0--
James KassoufTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Asher Center for Innovation and Entrepreneurship Foundation
EIN
88-3191952
Address
4760 RICHMOND RD STE 200, WARRENSVL HTS, OH 44128

Signing Officer

Name
Anthony J Asher
Title
Chairman of the Board of Directors
Phone
4405288517
Signed
2025-11-17
Supplemental Narrative

Additional Explanations

Doing Business As Names

Asher Foundation for Innovation and Entrepreneurship

Part I, line 10

| Grants And Similar Amounts Paid:, Amount:| Holy Spirit University of Kaslik: Programming and student support for the Asher Center for Innovation and Entrepreneurship, $98350| SOS Childrens Villages Lebanon: Support of educational and mental health services for children., $65000| Babson College: Programing support for partnership with Asher Center for Innovation and Entrepreneurship, $2925|

Part I, line 16

| Other Expenses:, Amount:| Charity Proud Alboddo: Software CRM subscription annual payment, $990| Stripe: Credit Card Fees, $76| Peoples Bank: Banking fees and funds transmittal fees, $840| Petty Cash, $1000|

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Grants And Similar Amounts Paid:, Amount:| Holy Spirit University of Kaslik: Programming and student support for the Asher Center for Innovation and Entrepreneurship, $98350| SOS Childrens Villages Lebanon: Support of educational and mental health services for children., $65000| Babson College: Programing support for partnership with Asher Center for Innovation and Entrepreneurship, $2925|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Other Expenses:, Amount:| Charity Proud Alboddo: Software CRM subscription annual payment, $990| Stripe: Credit Card Fees, $76| Peoples Bank: Banking fees and funds transmittal fees, $840| Petty Cash, $1000|
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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