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Asa Charitable Foundation

Tax-deductible

Schaumburg, IL501(c)(3)Health Care EIN 45-4946512Revenue $2.2M in FY2024Latest return filed Oct 21, 2025

On file with the IRSasacharity.orgSchaumburg, ILTax-exempt since Jun 2013Supporting org, Type I — 509(a)(3)

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The mission of the Foundation is to improve health and medical care in under-served communities by advancing the quality of anesthesia care; to increase access to quality anesthesia care; to support the anesthesiology profession's response to disasters and health crises; and to promote educational opportunities in the anesthesiology field to educate and develop leaders of these efforts in the future.

Form 990 Part I, line 1, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 45-4946512) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
95¢ of each $1 spent went to programs.
Run by 25 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
2 of 2
filings with a surplus
Average surplus $72K a year · 6% of revenue · last 2 filings
A surplus in 2 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
95%
of spending
95% of spending went to programs.
Pt IX · Ln 25 · col B
Cash reserves
2.3 mo
of spending, in cash
2.3 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $86
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$238K
48% of total assets
Liabilities are 48% of assets.
Pt X · Ln 26
Independent board members
10
of 10 voting members
10 of 10 voting members are independent.
Pt VI · Ln 1a–1b
In line with peersDifferent from peersFar from peersNo peer rangeNo data yetTap a box for the reason.
Revenue
$2.2M
+422% vs prior year
Spent
$2.2M
To programs
95%
Net assets
$254K
By yearFY2020–FY2024
Revenue
$2.2M
FY2024▲ +422%
Tap a bar for its year
Revenue by fiscal year
FY2020$11K
FY2021$13K
FY2022$199K
FY2023$412K
FY2024$2.2M
Expenses
$2.2M
FY2024▲ +701%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021Not on file
FY2022Not on file
FY2023$268K
FY2024$2.2M
Net assets
$254K
FY2024+0.3%
Tap a bar for its year
Net assets by fiscal year
FY2020$80K
FY2021$89K
FY2022$109K
FY2023$253K
FY2024$254K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2013.

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

Where the money goes

95 cents of each dollar spent went to programs.

Program services 95% · $2.0M Management & general 5% · $109K

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

Something off? Claim to add context

Who runs it and what they're paid

13 people listed on the 990.

Part VII, Section A · reportable compensation
Steven Sween
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
James West
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Asa Charitable Foundation executive salaries →

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

Improves anesthesia care and access in underserved communities, supporting disaster response and education.

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1 program · $2.0M · in their own filed words · FY2024
01

The following contributions were made to related parties for ongoing support to their operations: $1.6m was contributed to faer, $320,064 was contributed to apsf, and $70,000 was contributed to aqi. Contributions were also made in the amounts of $30,541 to medical society of virginia and $20,000 to the lifebox foundation.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 45-4946512) · Dispute this line
$2.0Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2023
Amazonsmile FoundationFY2023$86
Total grants receivedfrom 1 funder$86
Grants paid · 7 grants · $2.2M · 2023–2024
Foundation for Anesthesia Education and ResearchIL · FY2024$1,600,000
Anesthesia Patient Safety FoundationIL · FY2024$320,064
Anesthesia Quality InstituteIL · FY2024$70,000
The Medical Society of VirginiaVA · FY2024$30,541
Lifebox Foundation INCNY · FY2024$20,000
Anesthesia Quality InstituteIL · FY2023$200,000
Lifebox Foundation INCNY · FY2023$5,515

By the numbers

The FY2024 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$2.2M
Ln 12
Gifts and grantsLn 1h$2.1M
Investment incomeLn 3$75K
Money outPt IX
$2.2M
Ln 25
Programscol B$2.0M
Managementcol C$109K
Owns and owesPt X
$254K
net assets · Ln 32
Cash and savingsLn 1–2$416K
Total assetsLn 16$491K
LiabilitiesLn 26$238K
PeoplePt VI, VII
13
listed · VII A
PaidVII A0
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.1M
Investment incomeLn 3$75K
Total revenueLn 12$2.2M
Assets in detailPt X, end of year
CashLn 1$11K
SavingsLn 2$405K
Cash and savings togetherLn 1–2$416K
Accounts receivableLn 4$2K
Prepaid expenses and deferred chargesLn 9$72K
Total assetsLn 16$491K
LiabilitiesLn 26$238K
Net assetsLn 32$254K
OperationsPt I, VI
EmployeesI 50
VolunteersI 625
Fiscal year endsHeaderDecember
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 FY24End FY24
Cash and savingsLn 1–2$1.7M$416K
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$1.7M$491K
LiabilitiesLn 26$1.4M$238K
Net assetsLn 32$253K$254K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$2.0M$2.0M
Other fees for servicesLn 11g$109K$109K
Total functional expensesLn 25$2.2M$2.0M$109K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS Oct 21, 2025 $2.2M$2.2M$759$254K 990 PDF
FY2023Filed with the IRS Nov 4, 2024 $412K$268K$144K$253K 990 PDF
FY2022Filed with the IRS Oct 31, 2023 $199K$109K 990 PDF
FY2021Filed with the IRS Sep 21, 2022 $13K$89K 990 PDF
FY2020Filed with the IRS Oct 22, 2021 $11K$80K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2024 990
Part I · Summary $2,150,859 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $412,202$2,075,918
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$74,941
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $412,202$2,150,859
I-13 Grants and similar amounts paidPrior year $264,644$2,040,605
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $3,794$109,495
I-18 Total expensesPrior year $268,438$2,150,100
I-19 Revenue less expensesPrior year $143,764$759
Part VI · Governance 10 of 10 board members independent, no flags
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,150,859 across 5 lines filed
VIII-1d Related organizations$5,446
VIII-1f All other contributions, gifts and grants$2,070,472
VIII-1h Total contributions, gifts and grants$2,075,918
VIII-3 Investment incomeExcluded from tax $74,941$74,941
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $74,941$2,150,859
Part IX · Statement of functional expenses $2,150,100 across 2 lines filed
IX-1 Grants to domestic organizationsPrograms $2,040,605$2,040,605
IX-11g Other fees for servicesManagement $109,495$109,495
IX-25 Total functional expensesPrograms $2,040,605 · Management $109,495 · Fundraising $0$2,150,100
Part X · Balance sheet $491,034 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $1,651,363$11,443
X-2 Savings and temporary cash investments$405,000
X-4 Accounts receivable$2,421
X-9 Prepaid expenses and deferred charges$72,170
X-10c Land, buildings and equipment, netStart of year $0$0
X-16 Total assetsStart of year $1,651,363$491,034
X-19 Deferred revenueStart of year $1,250,000$188,854
X-25 Other liabilitiesStart of year $148,590$48,648
X-26 Total liabilitiesStart of year $1,398,590$237,502
X-27 Net assets without donor restrictionsStart of year $67,013−$17,149
X-28 Net assets with donor restrictionsStart of year $185,760$270,681
X-32 Total net assets or fund balancesStart of year $252,773$253,532
X-33 Total liabilities and net assetsStart of year $1,651,363$491,034
Part XI · Reconciliation of net assets $253,532 net assets at year end
XI-1 Total revenue$2,150,859
XI-2 Total expenses$2,150,100
XI-3 Revenue less expenses$759
XI-4 Net assets at start of year$252,773
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$253,532

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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