Asianetwork INC EIN 56-1843606

Asianetwork INC

Not yet claimed Claim this org →

Promotes Asian studies on campuses, sending faculty and students to Asia, and publishing research. For fiscal year 2025 it reported $418K in revenue, $489K in expenses, and $2.3M in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
St Petersburg, FL
Website
asianetwork.org
Filings
6 on file (2020–2025)
Revenue
$418KFY2025
Expenses
$489K
Net assets
$2.3M
People
15
Filings
6
Updates
0
More identity details & actions ⌄
EIN  56-1843606 Public charity (501(c)(3)) St Petersburg, FL
Form 990 (PDF)
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Asianetwork INC claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Promotes Asian studies on campuses, sending faculty and students to Asia, and publishing research.
Leadership
Dan Choffnes · Executive Director · $60K
Money in and out
$418K revenue, $489K expenses
Bottom line
65% program efficiency
Where the money goes · FY2025
Total revenue
$418K
Pt VIII · Ln 12
Total expenses
$489K
Pt IX · Ln 25
Net assets
$2.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$71K
Where spending went · Part IX cols B–D
Program services $0.65 Management & general $0.33 Fundraising $0.02
Program efficiency
65%
of spending reaches programs▼ -10% vs prior filing year
Operating runway
61.4mo
months of highly liquid reserves at operating expense rate▲ +10% vs prior filing year
Surplus margin
-17%
revenue over expenses, this year▲ +73% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$418K
FY2025▲ +22%
Expenses
$489K
FY2025▼ -12%
Total assets
$2.5M
FY2025▼ -3%
Total liabilities
$244K
FY2025▼ -30%
Total revenue
$418K
Pt VIII · Ln 12
Total expenses
$489K
Pt IX · Ln 25
Net assets
$2.3M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$71K
Total assetsPt X · Ln 16$2.5M
Program-expense ratioPt IX · col B65%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

3 program services account for $269K of program spending, described in the organization's own filed words · FY2024.
01

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.

$125Kprogram expense
02

Faculty enhancement program this program provides faculty from member institutions the opportunity to apply to participate in a faculty enhancement program to facilitate the study of a country in asia which lies outside their primary range of expertise.

$103Kprogram expense
03

Annual conference program this program is an internally funded program that provides for an annual conference for scholars from member institutions to attend. Presentations are given by and for the scholars in attendance.

$41Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAsianetwork INC
EINHdr · item D56-1843606
Principal addressHdr · item CSt Petersburg, FL
WebsiteHdr · item Jasianetwork.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B99Z)
Ruling yearIRS BMFMar 1998

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Director
$60,000Pt VII · Sec A
Finance Officer
$10,000Pt VII · Sec A
Past Chair
$5,000Pt VII · Sec A
Development Officer
$5,000Pt VII · Sec A
Director
$4,000Pt VII · Sec A
IT Officer
$4,000Pt VII · Sec A
Development Officer
$3,000Pt VII · Sec A
Director
$3,000Pt VII · Sec A

Dan Choffnes’s $60K as Executive Director is at the 52nd percentile of top reported officer pay among 1616 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Dan Choffnes$60,000$23,500
Gary Decoker$30,000$45,000$40,000
Gary De Coker$40,000
Daniel Choffnes$23,500$1,000$5,000
Teodora Amoloza$10,000$10,000$10,000$10,000$10,000
Teodora O Amoloza$10,000
Zheya Gai$7,500
Sophia Geng$5,400$5,400$2,000

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.

See Asianetwork INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Contributions & grants$298K · 71%
Investment income$71K · 17%
Program service revenue$49K · 12%
Contributions & grants71%$298K
Investment income17%$71K
Program service revenue12%$49K
Other revenue$343
Total revenueLn 12$418K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.65 Management & general $0.33 Fundraising $0.02
Program services65%$319K
Management & general33%$161K
Fundraising2%$9K
Total functional expensesLn 25$489K

Balance Sheet

Part X · end of year
CashLn 1$139K
Total assetsLn 16$2.5M
Total liabilitiesLn 26$244K
Total net assetsLn 32$2.3M
Months of cash on handcomputed3.4

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2.5M · Operating expenses/yr $489K
61.4 months
Where the money goes
Program services
Program services $319K · Total expenses $489K
65%
Management & General
Management & general $161K · Total expenses $489K
33%
Fundraising
Fundraising $9K · Total expenses $489K
2%
Cost to raise $1
Fundraising expense (3-yr avg) $10K · Solicited contributions (3-yr avg) $185K
$0.05 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $298K · Total revenue $418K
71%
Government reliance
Government grants — · Total revenue $418K
Earned-income share
Program service revenue $49K · Total revenue $418K
12%
Investment reliance
Investment income $71K · Total revenue $418K
+17%
Program self-sufficiency
Program service revenue $49K · Total expenses $489K
10%
Growth & trend
Revenue growth (YoY)
This year $418K · Prior year $341K
+22%
Revenue CAGR
FY2019 $723K · FY2024 $418K
-10%
Net-asset trend (YoY)
End of year $2.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $418K · Expenses $489K
-17%
Liabilities-to-Assets
Total liabilities — · Total assets $2.5M
Net-asset ratio
Net assets $2.3M · Total assets $2.5M
90%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $2.4M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.5M
94%
People & payroll
Highest Reported Total Compensation
Individual Dan Choffnes · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $60K · Total expenses $489K
12%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $82K · Total expenses $489K
17%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 65%
Overhead ratio 33%
Fundraising cost ratio 3%
Revenue growth 22%
Investment management fee ratio 0.6%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$150K
Grants paid · 43 grants · $1.2M · 2019–2024
Unitemized GrantFY2024$69,290
Unitemized GrantFY2023$44,900
Trinity UniversityTX · FY2023$38,000
Southwestern UniversityTX · FY2023$38,000
Knox CollegeIL · FY2023$38,000
Webster UniversityMO · FY2023$29,500
Roanoke CollegeVA · FY2023$10,000
The University of FindlayOH · FY2023$10,000
Carleton CollegeMN · FY2023$10,000
Luther CollegeIA · FY2023$9,580
The College of New JerseyFY2023$5,700
Rhodes CollegeTN · FY2023$5,700
Bucknell UniversityPA · FY2022$44,030
Roanoke CollegeVA · FY2022$40,000
St Lawrence UniversityNY · FY2022$40,000
See all 43 grants →

Similar Organizations

Closest in mission — by what they do
See all organizations like Asianetwork INC →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$418K revenue · viewing · ⤓ 990 PDF
FY2024$341K revenue · ⤓ 990 PDF
FY2023$310K revenue · ⤓ 990 PDF
FY2022$372K revenue · ⤓ 990 PDF
FY2021$676K revenue · ⤓ 990 PDF
FY2020$723K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.