ASIANETWORK INC

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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

1993

Legal Domicile

Principal Officer

TEODORA AMOLOZA

Phone

3097503621

Tax Period

2023-08-01 to 2024-07-31

ASIANETWORK INC, founded in 1993, is a small nonprofit in the Education sector that reported $341K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $555K exceeded revenue, resulting in a 62% operating deficit.

Mission

EDUCATIONAL ASIAN STUDIES DEVELOPMENT; TO PROMOTE THE STUDY OF ASIA ON MEMBER CAMPUSES; SEND FACULTY AND STUDENTS TO ASIA; ANNUAL CONFERENCE; PUBLISH JOURNAL; ASIANETWORK EXCHANGE; SEND CONSULTANTS TO MEMBER CAMPUSES.

Program Service Accomplishments

Program 1

Expenses: $121,449

POST-DOCTORAL TEACHING FELLOW PROGRAM THIS PROGRAM PROVIDES FUNDS TO MEMBER INSTITUTIONS TO HIRE A POST-DOCTORAL TEACHING FELLOW IN ASIAN STUDIES WHO WILL SPEND ONE OR TWO YEARS TEACHING AND...

POST-DOCTORAL TEACHING FELLOW PROGRAM THIS PROGRAM PROVIDES FUNDS TO MEMBER INSTITUTIONS TO HIRE A POST-DOCTORAL TEACHING FELLOW IN ASIAN STUDIES WHO WILL SPEND ONE OR TWO YEARS TEACHING AND PARTICIPATING IN THE ACADEMIC LIFE OF THE COLLEGE. FUNDS ARE AWARDED ON A COMPETITIVE BASIS. THIS PROGRAM BEGAN DURING THE YEAR ENDED JULY 31, 2010 AND IS FUNDED BY THE LUCE FOUNDATION.

Program 2

Expenses: $62,993

STUDENT-FACULTY FELLOWS THIS PROGRAM SUPPORTS STUDENT RESEARCH IN ASIA UNDER THE CLOSE SUPERVISION OF A FACULTY MENTOR. THE PROGRAM BEGAN DURING THE YEAR ENDED JULY 31, 1997 AND IS FUNDED BY THE...

STUDENT-FACULTY FELLOWS THIS PROGRAM SUPPORTS STUDENT RESEARCH IN ASIA UNDER THE CLOSE SUPERVISION OF A FACULTY MENTOR. THE PROGRAM BEGAN DURING THE YEAR ENDED JULY 31, 1997 AND IS FUNDED BY THE FREEMAN FOUNDATION.

Program 3

Expenses: $62,335

EMBODIED LEARNING ABOUT ASIA PROGRAM THIS IS AN INTERNATIONAL PROGRAM THAT TAKES ADVANTAGE OF PROVEN PEDAGOGY AND PRACTICE TO LEARN BEYOND THE CLASSROOM THROUGH HANDS-ON EXPERIENCE WITH AMERICAN AND ASIAN MENTORS, MASTERS, AND PRACTITIONERS, BOTH IN ASIA AND ON ASIANETWORK COLLEGE CAMPUSES. THE PROGRAM BEGAN DURING THE YEAR ENDED JULY 31, 2020 AND IS FUNDED BY AN ANONYMOUS DONOR.

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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 $213,233

Program Service Revenue $59,400

Investment Income $66,894

Other Revenue $1,878

TOTAL REVENUE $341,405

Expense Breakdown

Grants Paid $315,500

Salaries & Benefits $77,000

Fundraising Expenses $7,892

Program Expenses $400,951

Other Expenses $162,060

TOTAL EXPENSES $554,560

Year-over-Year Comparison

	2023	2022	Change
Revenue	$341,405	$309,904	+0.1%
Expenses	$554,560	$826,575	-0.3%
Net Income	$-213,155	$-516,671	-0.6%

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

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

$52,900

Total Directors

$7,400

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFF FELARDO	CHAIR	5.00	Officer Director	$2,000	$0	$2,000
DENNIS FROST	VICE CHAIR	5.00	Officer Director	$0	$0	$0
SOPHIA GENG	PAST CHAIR	5.00	Officer Director	$5,400	$0	$5,400
LAURA ELDER	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN FURUKAWA	DIRECTOR	1.00	Director	$0	$0	$0
ANNE HARLEY	DIRECTOR	1.00	Director	$0	$0	$0
K CHRISTINE PAE	DIRECTOR	1.00	Director	$0	$0	$0
KEISHA BROWN	DIRECTOR	1.00	Director	$0	$0	$0
STEVEN DAY	DIRECTOR	1.00	Director	$0	$0	$0
QIN FANG	DIRECTOR	1.00	Director	$0	$0	$0
DAN CHOFFNES	EXECUTIVE DIRECTOR	10.00	Officer	$23,500	$0	$23,500
TEODORA AMOLOZA	FINANCE OFFICER	10.00	Officer	$10,000	$0	$10,000
CRAIG RICE	IT OFFICER	10.00	Officer	$4,000	$0	$4,000
JACK HARRIS	DEVELOPMENT OFFICER	10.00	Officer	$3,000	$0	$3,000
LISA TRIVEDI	DEVELOPMENT OFFICER	10.00	Officer	$5,000	$0	$5,000

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	$341,405	$554,560	$2,589,252	$-213,155
2023	$309,904	$826,575	$2,354,735	$-516,671
2022	$372,448	$368,683	$2,991,864	$3,765
2021	$675,575	$322,476	$3,291,994	$353,099
2020	$723,410	$252,662	$3,049,355	$470,748
2019	$738,500	$733,073	$2,337,080	$5,427
2018	$640,093	$703,688	$2,433,566	$-63,595