Asian American Society of Central Virginia

EIN: 311600324 501(c)(3) Arts, Culture & Humanities

Richmond, VA

Total Revenue
$95,166
Total Expenses
$66,016
Total Assets
$183,586
Net Assets
$162,367
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
VA
Principal Officer
Rajbans Joshi
Phone
8045123398
Tax Period
2024-07-01 to 2025-06-30

Asian American Society of Central Virgin, founded in 1998, is a small nonprofit in the Arts, Culture & Humanities sector that reported $214K in total revenue in fiscal year 2021. The organization ran a surplus of $49K, a strong 23% operating margin.

Mission

TO PROMOTE UNITY HARMONY AND DIVERSITY IN THE CENTRAL VIRGINIA REGION THROUGH VARIOUS CULTURAL CELEBRATIONS AND ACTIVE PARTICIPATION

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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 $95,014
Program Service Revenue $150
Investment Income $2
Other Revenue $0
TOTAL REVENUE $95,166

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $61,314
Other Expenses $66,016
TOTAL EXPENSES $66,016

Year-over-Year Comparison

2024 2023 Change
Revenue $95,166 $85,026 +0.1%
Expenses $66,016 $69,826 -0.1%
Net Income $29,150 $15,200 +0.9%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
39
Independent Members
39
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
41
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AMRIT KHADKA Board Member 13.00
Director
$0 $0 $0
ANGIE SEWSEN KUA Board Member 13.00
Director
$0 $0 $0
CATHY PHAM Board Member 13.00
Director
$0 $0 $0
EMRAN AHMED Board Member 13.00
Director
$0 $0 $0
ENG HEAH Board Member 13.00
Director
$0 $0 $0
GEORGE KOSHY Board Member 13.00
Director
$0 $0 $0
HELEN RAI Board Member 13.00
Director
$0 $0 $0
JAYE LI Board Member 13.00
Director
$0 $0 $0
JYOTI RIMAL Board Member 13.00
Director
$0 $0 $0
MAC HONGCHARTI Board Member 13.00
Director
$0 $0 $0
MAHMUD CHOWDHURY Board Member 13.00
Director
$0 $0 $0
PING CHU Board Member 13.00
Director
$0 $0 $0
JOYDIP CHAKRABORTY Board Member 13.00
Director
$0 $0 $0
JULIE LAGHI Board Member 13.00
Director
$0 $0 $0
QAZI IQBAL Board Member 13.00
Director
$0 $0 $0
QUENTIN YAN Board Member 13.00
Director
$0 $0 $0
RAJBANS JOSHI Board Member 13.00
Officer Director
$0 $0 $0
RAKESH BAINSLA Board Member 13.00
Director
$0 $0 $0
ROSARIO IGHARAS Board Member 13.00
Director
$0 $0 $0
RUMY MOHTA Board Member 13.00
Director
$0 $0 $0
RUPALI PENDSE Board Member 13.00
Director
$0 $0 $0
SAMUEL YUNG-YI NIOU Board Member 13.00
Director
$0 $0 $0
SARA SRITEVARIT Board Member 13.00
Director
$0 $0 $0
SUN BURHOP Board Member 13.00
Director
$0 $0 $0
SUWATTANA SUGG Board Member 13.00
Director
$0 $0 $0
TADAO UCHISAWA Board Member 13.00
Director
$0 $0 $0
THU LE PHAM Board Member 13.00
Director
$0 $0 $0
TIN MYINT Board Member 13.00
Director
$0 $0 $0
TRISIA LINAWATI Board Member 13.00
Director
$0 $0 $0
UMAIRA ABBAS Board Member 13.00
Director
$0 $0 $0
ANJANA MAJHI Board Member 13.00
Director
$0 $0 $0
ERICK COPON Board Member 13.00
Director
$0 $0 $0
FERDINAND HUDENCIAL Board Member 13.00
Director
$0 $0 $0
JACKIE KHOO Board Member 13.00
Director
$0 $0 $0
JAEKWANG HWANG Board Member 13.00
Director
$0 $0 $0
JIE LIU Board Member 13.00
Director
$0 $0 $0
KIM CLAASSEN Board Member 13.00
Director
$0 $0 $0
MASAR IBRAHIM Board Member 13.00
Director
$0 $0 $0
MAZHAR ABBAS Board Member 13.00
Director
$0 $0 $0
SUMAN KANDEL Board Member 13.00
Director
$0 $0 $0
SUNNY KIM Board Member 13.00
Director
$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 $95,166 $66,016 $183,586 $29,150
2023 $43,898 $71,704 $156,240 $-27,806
2022 $213,891 $164,986 $184,370 $48,905
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