Bulletin of Concerned Asian Scholars Inc

Nonprofit profile at a glance

EIN
510206989
IRS 990-EZ coverage
2021–2025
Forms available
Form 990-EZ 2025
Location
Chicago, IL, USA
Phone
8478483107
Rating
95
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$116,879
Expenses
$108,698
Assets
$79,797
Liabilities
$5,068

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • Martha Kendall Winnacker (President and Director)
  • Tom Grunfeld (Vice President and Director)

People named in this filing

  • Martha Kendall Winnacker (President and Director)
  • Tom Grunfeld (Vice President and Director)
  • Linda Yarr (Secretary/Treasurer and 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-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Quarterly publication of a scholarly journal on Asia

What it reported doing in 2025

Subscriptions to and downloads of scholarly journal on Asian affairs furnished in print and online formats to educational institutions and individuals. Includes access to digitized back issues.

Operating model

Revenue model
Earned-program. 98% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 96
  • Transparency & Controls: 100
  • Sustainability: 40
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 93%; rating input score 93
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 7%; rating input score 49; 49th percentile among comparable filings
  • Total-asset coverage ratio: 0.73; rating input score 49; 49th percentile among comparable filings
  • Liabilities to assets ratio: 0.06; rating input score 24; 24th percentile among comparable filings
  • Officer compensation ratio: 78%; rating input score 1; 1st percentile among comparable filings

Growth

  • Program expense growth: 1.2% per year; rating input score 100; 32nd percentile among comparable filings
  • Revenue growth: 0.2% per year; rating input score 100; 19th percentile among comparable filings
  • Asset growth: 0.5% per year; rating input score 100; 27th percentile among comparable filings

Details

  • Where the money goes: 93% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $109K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2021 to 2025
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • 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.

  • Moderate — Sustainability: Operating margin scored 49/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
  • High — Sustainability: Officer compensation ratio scored 1/100.
  • High — Sustainability: Liabilities to assets ratio scored 24/100.