Asia Catalyst INC FY2020 filing

New York, NYUnknown exempt organizationEIN 20-5969862

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Asia Catalyst, Inc. ("AC") works with grassroots groups from marginalized communities in East and Southeast Asia that promote the right to health. AC trains our partners to meet high standards of effective and democratic governance, to establish a stable foundation for future growth, and to conduct rigorous human rights research and advocacy. AC aims to help our partners become leading advocates at the local, national, and global levels.

81¢ of each $1 spent went to programs.
$129K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average deficit $274K a year · 74% of revenue · last 3 filings
Concern: a surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
81%
of spending
Looks good: 81% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$129K
to officers and key staff · 18% of spending
Fine: pay to officers and key staff is 18% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
7 mo
of spending, in cash
Looks good: 6.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $101K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$14K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$348K
Spent
$722K
To programs
81%
Net assets
$448K
By yearFY2020–FY2022
Revenue
$348K
FY2020
Revenue by fiscal year
FY2020$348K
FY2021$623K
FY2022$135K
Expenses
$722K
FY2020
Expenses by fiscal year
FY2020$722K
FY2021$618K
FY2022$588K
Net assets
$448K
FY2020
Net assets by fiscal year
FY2020$448K
FY2021$453K
FY2022$0

From the FY2020 Form 990 (year ending June 2020) · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $588K Management & general 16% · $116K Fundraising 2% · $18K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

12 people listed on the 990; $129K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Executive Dir.
$128,750Pt VII · Sec A
Chairman&treas
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2022FY2021FY2020
Karen Kaplan$132,613$130,681$128,750

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Empowers marginalized Asian groups to advocate for health rights through training and research.

Provided by the organization

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3 program services account for $588K of program spending, described in the organization's own filed words · FY2019.
01

Myanmar Human Rights Documentation and Advocacy Program

Asia Catalyst applies its core curricula, Know It, Prove It, Change It: A Rights Curriculum for Grassroots Groups and The Nonprofit Survival Guide to empower and train community-based organizations to understand and advocate for their human rights, particularly the right to health.

$312Kprogram expense
02

Supporting marginalized group advocacy start-up work in Southeast Asia: Apart from intensive country program work in Myanmar, the major programming we implement in Asia, we also engage in providing technical support and small funding to young leaders in the region.

$235Kprogram expense
03

Advocacy

Asia Catalyst's advocacy work aims to create positive policy change by working with CBOs and nongovernmental organizations in Asia to more effectively protect and promote the right to health at the local, national, and international levels.

$41Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2021
GE FoundationFY2021$1K
Total grants receivedfrom 2 funders$101K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$348K
Ln 12
Gifts and grantsLn 1h$242K
Fees for servicesLn 2g$105K
Other incomeLn 4–11$501
Money outPt IX
$722K
Ln 25
Programscol B$588K
Managementcol C$116K
Fundraisingcol D$18K
Owns and owesPt X
$448K
net assets · Ln 32
Cash and savingsLn 1–2$406K
Total assetsLn 16$463K
LiabilitiesLn 26$14K
PeoplePt VI, VII
12
listed · VII A
PaidVII A1
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$242K
Noncash giftsLn 1g$1K
Fees for servicesLn 2g$105K
Investment incomeLn 3$19
Other incomeLn 4–11$501
Gains on assetsLn 7$0
Total revenueLn 12$348K
Assets in detailPt X, end of year
CashLn 1$400K
SavingsLn 2$7K
Cash and savings togetherLn 1–2$406K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$4K
Other assetsLn 15$2K
Total assetsLn 16$463K
LiabilitiesLn 26$14K
Net assetsLn 32$448K
OperationsPt I, VI
EmployeesI 51
VolunteersI 62
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$657K$406K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$2K$4K
Total assetsLn 16$839K$463K
LiabilitiesLn 26$16K$14K
Net assetsLn 32$823K$448K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$2K$2K
Grants and assistance to foreign recipientsLn 3$120K$120K
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$139K$111K$21K$7K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$1K$977$183$60
Payroll taxesLn 10$10K$8K$1K$496
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$42K$21K$19K$2K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$235K$168K$60K$7K
Advertising and promotionLn 12$0
Office expensesLn 13$6K$4K$2K$254
Information technologyLn 14$6K$4K$1K$363
RoyaltiesLn 15$0
OccupancyLn 16$16K$12K$4K$400
TravelLn 17$56K$51K$4K$747
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$9K$8K$364$68
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$1K$1K
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$80K$77K$2K$359
All other expensesLn 24e$0
Total functional expensesLn 25$722K$588K$116K$18K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest $135K$588K−$453K$0 990 PDF
FY2021 $623K$618K$5K$453K 990 PDF
FY2020 Viewing $348K$722K−$374K$448K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (4 parts)
Part VIII · Statement of revenue $347,685 across 11 lines filed
VIII-1f All other contributions, gifts and grants$242,029
VIII-1g Noncash contributions (included above)$1,318
VIII-1h Total contributions, gifts and grants$242,029
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $105,136$105,136
VIII-3 Investment incomeExcluded from tax $19$19
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $501$501
VIII-12 Total revenueRelated to mission $105,637 · Excluded from tax $19$347,685
Part IX · Statement of functional expenses $722,147 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individualsPrograms $2,000$2,000
IX-3 Grants and assistance to foreign recipientsPrograms $119,927$119,927
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $111,178 · Management $20,846 · Fundraising $6,949$138,973
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $977 · Management $183 · Fundraising $60$1,220
IX-10 Payroll taxesPrograms $7,927 · Management $1,486 · Fundraising $496$9,909
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesPrograms $21,315 · Management $19,139 · Fundraising $1,567$42,021
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $168,226 · Management $60,112 · Fundraising $6,650$234,988
IX-12 Advertising and promotion$0
IX-13 Office expensesPrograms $4,391 · Management $1,531 · Fundraising $254$6,176
IX-14 Information technologyPrograms $3,936 · Management $1,302 · Fundraising $363$5,601
IX-15 Royalties$0
IX-16 OccupancyPrograms $12,102 · Management $3,749 · Fundraising $400$16,251
IX-17 TravelPrograms $51,172 · Management $3,871 · Fundraising $747$55,790
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $8,173 · Management $364 · Fundraising $68$8,605
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationManagement $1,088$1,088
IX-23 Insurance$0
IX-24 Other expenses (24a–d)Programs $76,912 · Management $2,327 · Fundraising $359$79,598
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $588,236 · Management $115,998 · Fundraising $17,913$722,147
Part X · Balance sheet $462,554 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $650,800$399,815
X-2 Savings and temporary cash investmentsStart of year $6,620$6,630
X-3 Pledges and grants receivableStart of year $175,000$12,986
X-4 Accounts receivable$30,000
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $2,638$7,653
X-10c Land, buildings and equipment, netStart of year $1,956$3,631
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $1,796$1,839
X-16 Total assetsStart of year $838,810$462,554
X-17 Accounts payable and accrued expensesStart of year $15,946$14,152
X-26 Total liabilitiesStart of year $15,946$14,152
X-27 Net assets without donor restrictionsStart of year $347,988$438,984
X-28 Net assets with donor restrictionsStart of year $474,876$9,418
X-32 Total net assets or fund balancesStart of year $822,864$448,402
X-33 Total liabilities and net assetsStart of year $838,810$462,554
Part XI · Reconciliation of net assets $448,402 net assets at year end
XI-1 Total revenue$347,685
XI-2 Total expenses$722,147
XI-3 Revenue less expenses−$374,462
XI-4 Net assets at start of year$822,864
XI-10 Net assets at end of year$448,402

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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