Asia Developmental Services Inc

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1972

Legal Domicile

Phone

9856407347

Tax Period

2023-07-01 to 2024-06-30

Asia Developmental Services Inc, founded in 1972, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

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

Program Service Accomplishments

Program 1

Expenses: $1,207,161

Enabling local organizations to provide training to local partners by way of workshops and other events.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,229,300

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,229,300

Expense Breakdown

Grants Paid $1,004,503

Salaries & Benefits $6,000

Fundraising Expenses $0

Program Expenses $1,207,161

Other Expenses $209,382

TOTAL EXPENSES $1,219,885

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,229,300	$1,057,000	+0.2%
Expenses	$1,219,885	$929,553	+0.3%
Net Income	$9,415	$127,447	-0.9%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

N/A

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

Total Directors

$478,250

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	General Director	0.5	Director	$0	$28,429	$302,958
N/A	General Director	0.5	Director	$0	$13,069	$175,292
N/A	CEO	1.0	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
2025	No data	No data	No data	No data
2024	$1,229,300	$1,219,885	$124,623	$9,415
2023	$1,057,000	$929,553	$85,855	$127,447
2022	$660,000	$940,900	$36,475	$-280,900
2021	$659,155	$654,600	$232,891	$4,555
2020	$488,933	$572,171	$133,623	$-83,238
2019	$318,108	$224,132	$116,541	$93,976