ASE GLOBAL BRIDGES INC (EIN 133946716) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1997

Legal Domicile

Principal Officer

RINA KIRSHNER

Phone

2126876118

Tax Period

2023-01-01 to 2023-12-31

ASE GLOBAL BRIDGES INC, founded in 1997, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.3M in total revenue in fiscal year 2023. Revenue surged 409% from the prior year, signaling strong growth momentum. Expenses of $2.5M exceeded revenue, resulting in a 11% operating deficit.

Mission

A.S.E.'S PROGRAMMING IS FOCUSED ON THE COMMON BONDS OF ARTS, SPORTS, AND EDUCATION TO PROMOTE AN IMPACTFUL DIALOGUE BETWEEN THE PEOPLE OF THE UNITED STATES, EURASIA AND EASTERN EUROPEAN COUNTRIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $579,165

Program Service Revenue $1,623,466

Investment Income $58,118

Other Revenue $0

TOTAL REVENUE $2,260,749

Expense Breakdown

Grants Paid $5,000

Salaries & Benefits $851,078

Fundraising Expenses $0

Program Expenses $2,425,567

Other Expenses $1,647,572

TOTAL EXPENSES $2,503,650

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,260,749	$444,257	+4.1%
Expenses	$2,503,650	$825,033	+2.0%
Net Income	$-242,901	$-380,776	-0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✓ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$408,647

Total Directors

$408,647

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEVIN HANRATTY	SECRETARY	1.00	Officer Director	$0	$0	$0
KATHRYN SOMAN	CHAIR	1.00	Officer Director	$0	$0	$0
MARK HANDELMAN	DIRECTOR	1.00	Director	$0	$0	$0
NATASHA AZAVA	DIRECTOR	1.00	Director	$0	$0	$0
MARINA KOVALYOV	PRESIDENT	40.00	Officer Director	$162,500	$10,792	$173,292
RINA KIRSHNER	TREASURER/VICE PRESIDENT/CFO	40.00	Officer Director	$228,500	$6,855	$235,355

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$2,260,749	$2,503,650	$2,514,863	$-242,901
2022	$444,257	$825,033	$2,730,525	$-380,776
2021	$3,129,202	$2,528,176	$3,278,304	$601,026
2020	$459,201	$1,248,204	$3,364,978	$-789,003
2019	$3,064,016	$2,873,529	$3,482,081	$190,487
2018	$3,377,383	$3,172,083	$3,221,614	$205,300

ASE GLOBAL BRIDGES INC