ASIA AMERICA INITIATIVE

EIN: 201879258 501(c)(3) International Affairs

WASHINGTON, DC

Total Revenue
$869,756
Total Expenses
$737,024
Total Assets
$330,727
Net Assets
$321,731
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
DC
Principal Officer
ALBERT SANTOLI
Phone
2022327020
Tax Period
2024-01-01 to 2024-12-31

ASIA AMERICA INITIATIVE, founded in 2005, is a small nonprofit in the International Affairs sector that reported $870K in total revenue in fiscal year 2024. Revenue surged 114% from the prior year, signaling strong growth momentum. The organization ran a surplus of $133K, a strong 15% operating margin.

Mission

ASIA AMERICA INITIATIVE BELIEVES THAT PEACE, SECURITY AND RESPECT FOR HUMAN DIGNITY ARE INSEPARABLE. OUR MISSION IS TO BE A BRIDGE BETWEEN THE POWERLESS IN SOCIETY THROUGH RECONCILIATION AND BY BUILDING MEDICAL, EDUCATIONAL, AND LIVELIHOOD SKILLS IN COMMUNITIES AFFECTED BY ARMED CONFLICT AND SEVERE POVERTY.

Program Service Accomplishments

Program 1
Expenses: $41,000 Revenue: $20,501

IN JAN 2024 MET WITH GLOBAL GIVINGGG A NONPROFIT ORGANIZATION THAT SUPPORTS OTHER NONPROFIT ORGANIZATIONS THROUGH ITS CROWDFUNDING PLATFORMS. GG PROMOTES COMMUNITY LED DEVELOPMENT BY PROVIDING...

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IN JAN 2024 MET WITH GLOBAL GIVINGGG A NONPROFIT ORGANIZATION THAT SUPPORTS OTHER NONPROFIT ORGANIZATIONS THROUGH ITS CROWDFUNDING PLATFORMS. GG PROMOTES COMMUNITY LED DEVELOPMENT BY PROVIDING EDUCATIONAL TOOLS AND A BEST PRACTICES FORUM FOR BETTER COMMUNCATION WHICH IS IN LINE WITH AAI VALUES. GG IS ONE OF THE FEW ORGANIZATIONS THAT STRICTLY VET THEIR MEMBER ORGANIZATIONS, INCLUDING GG STAFF VISITS TO MEMBER PROGRAMS AREAS IN THE FIELD, WHICH AAI IS A MEMBER SINCE 2011

Program 2
Expenses: $195,452

IN 2024 AAI MET WITH THE BOARD OF DIRECTORS OF DIANA DAVIS SPENCER FOUNDATIONDDSF A GRANT MAKING FOUNDATION THAT IS DEDICATED TO PROMOTING AMERICAN VALUES AT HOME AND ABROAD. IAAI HAS BEEN A...

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IN 2024 AAI MET WITH THE BOARD OF DIRECTORS OF DIANA DAVIS SPENCER FOUNDATIONDDSF A GRANT MAKING FOUNDATION THAT IS DEDICATED TO PROMOTING AMERICAN VALUES AT HOME AND ABROAD. IAAI HAS BEEN A RECURRING RECIPIENT OF DDSF GRANTS. GRANTEES ARE INVITED TO APPLY ON A ROTATING BASIS OF 1-18 MONTHS DDSF SUPPORTS AAIS MISSION OF COMMUNITY ENGAGEMENT IN REMOTE AND FORGOTTEN AREAS. AAI CONSIDERS CITIZEN DIPLOMACY AND PARTICIPATION AS THE BEST WAY TO DETER CRIME, HUMAN TRAFFICKING AND TERRORISM IN AREAS OF EXTREME POVERTY WHICH HAVE LITTLE OPPORTUNITY, EDUCATION AND HEALTHCARE.DDSF ENCOURAGES A FOCUS ON WOMEN AND GIRLS PARTICIPATION AS A KEY TO MEANINGFUL SUCCESS AAI PROGRAMS HAVE POSITIVE EFFECT ON GIRLS SCHOOL ATTENDANCE.MAJORITY OF AAI COORDINATORS ARE WOMEN ESPECIALLY NURSES AND EDUCATORS.

Program 3
Expenses: $67,800 Revenue: $47,675

FORT MYER COMMISSARY PART OF THE FEDS FEED FAMILIES CAMPAIGN AT THE US MILITARY BASES. SOLDIERS DONATE BAGS OF GROCERIES THAT GO TO LOCAL FOOD BANKS. AAI IS A VETTED RECIPIENT AND IN 2024 RECEIVED...

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FORT MYER COMMISSARY PART OF THE FEDS FEED FAMILIES CAMPAIGN AT THE US MILITARY BASES. SOLDIERS DONATE BAGS OF GROCERIES THAT GO TO LOCAL FOOD BANKS. AAI IS A VETTED RECIPIENT AND IN 2024 RECEIVED FOODS THAT WAS DONATED TO A LOCAL NON PROFIT CODE 3 THROUGH JULY 2024 AND NOW TO IRONSTARFOUNDATION.ORG SINCE AUG 2024 WHO IN TURN DISTRIBUTED IN THE WASHINGTON DC HIGH RISK HIGH POVERTY AREAS.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $858,775
Program Service Revenue $0
Investment Income $10,981
Other Revenue $0
TOTAL REVENUE $869,756

Expense Breakdown

Grants Paid $387,675
Salaries & Benefits $0
Fundraising Expenses $76,142
Program Expenses $623,624
Other Expenses $349,349
TOTAL EXPENSES $737,024

Year-over-Year Comparison

2024 2023 Change
Revenue $869,756 $407,179 +1.1%
Expenses $737,024 $667,932 +0.1%
Net Income $132,732 $-260,753 -1.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
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
1
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR YOLANDA STERN MEMBER BD OF DIRECTOR 002.00
Director
$0 $0 $0
LUIS MARTINEZ MEMBER BD OF DIRECTORS 001.00
Director
$0 $0 $0
CONNIE ELLIOTT MEMBER BD OF DIRECTORS 002.00
Director
$0 $0 $0
RICHARD ARMITAGE MEMBER BD OF DIRECTORS 001.00
Director
$0 $0 $0
ALBERT SANTOLI PRES/DIRECTOR 055.00
Officer
$0 $0 $0
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 $869,756 $737,024 $330,727 $132,732
2023 $407,179 $667,932 $197,995 $-260,753
2022 $1,541,109 $1,428,442 $458,748 $112,667
2021 $1,964,114 $1,742,833 $1,856,442 $221,281
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