Asia Initiatives
Nonprofit profile at a glance
- EIN
- 272190020
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024, Form 990-N 2012
- Location
- New York, NY, USA
- Phone
- 6038675111
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $752,713
- Expenses
- $678,004
- Assets
- $1,233,604
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- Geeta Mehta (President)
People named in this filing
- Helen Yang (Director)
- Lisa Robins (Director)
- Preeti Mattoo (Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To leverage the power of social capital to promote health care, education and sustainable development, striving to bring positive change in the quality of life in people in underserved communities. With particular focus on women and their families, our initiatives utilize transformative methodologies to empower people to realize their full potential.
What it reported doing in 2024
Thanks to the unwavering support of our partners and communities, we catapulted our flagship Cascades of Learning initiative from 14 to 214 government schools in Bihar, and from 10 to 50 schools in Madhya Pradesh, India. In both cases, local governments in India, impressed by our results, invited us to collaborate on district-wide implementation to scale up to unprecedented levels. Additionally, in our Organic Kitchen Gardens program in Maharashtra, India we went from supporting 3,000 women to 5,000 women in growing their own gardens and being able to supply food for themselves and their family.
Operating model
- Revenue model
- Donor-supported. 96% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 73% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 72
- Accountability: 94
- Sustainability: 67
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 80.4%; rating input score 80
- Program expense ratio: 88.3%; rating input score 88
- Fundraising efficiency: $97.28 raised per $1 spent on fundraising; rating input score 86; 86th percentile among comparable filings
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 19th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: 0 of 8 controls in place; rating input score 0
- Claims monitoring procedures: Fail
- Requires narrative reports: Fail
- Conducts field audits: Fail
- May suspend future funding: Fail
- Requires financial reports: Fail
- Conducts site visits: Fail
- Requires grant agreements: Fail
- May require repayment: Fail
- Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 7 controls in place; rating input score 86
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 9.9%; rating input score 61; 61st percentile among comparable filings
- Total-asset coverage ratio: 1.82; rating input score 62; 62nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 15.1% per year; rating input score 100; 75th percentile among comparable filings
- Revenue growth: 13% per year; rating input score 100; 75th percentile among comparable filings
- Asset growth: 13.9% per year; rating input score 100; 70th percentile among comparable filings
Details
- Where the money goes: 80.4% of revenue deployed · 88.3% of spending went to programs
- Governance: 15 of 15 board members independent · 6 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $598K in reported program spending
- Leadership: top reported pay $0 · 15 people listed
- Consistency: 23 of 24 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes major donors and foreign activity
- Filing history: 8 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Foreign activity oversight: 8 of 8 not reported.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.