Impact Asia Foundation FY2020 filing

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Impact Asia Foundation is a non-profit corporation and shall operate exclusively for educational and charitable purposes within the meaning of Section 501 (c)(3) of the Internal Revenue Code, or the corresponding section of any future Federal tax code. The purpose of the organization is to reach South East Asia for Christ through the Ministries of Christian Mission to the Orient (CMO) in Thailand and SE Asia through the Youth Development Foundation of Chiang Mai (YDFCM). There is an anticipated need to manage properties and ministries long-term in association with CMO and YDFCM.

Form 990 Part I, line 1, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 82-0602373) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
40¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · 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
5 of 5
filings with a surplus
Average surplus $106K a year · 82% of revenue · last 5 filings
A surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
40%
of spending
40% of spending went to programs.
Pt IX · Ln 25 · col B
14.4 mo
of spending, in cash
Plus $258K in investments, Pt X · Ln 11–13
14.4 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
Pt X · Ln 26
Independent board members
4
of 4 voting members
4 of 4 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$160K
Spent
$16K
To programs
40%
Net assets
$277K
By yearFY2020–FY2024
Revenue
$160K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$160K
FY2021$238K
FY2022$77K
FY2023$85K
FY2024$82K
Expenses
$16K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$16K
FY2021$32K
FY2022$28K
FY2023$31K
FY2024$8K
Net assets
$277K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$277K
FY2021$513K
FY2022$469K
FY2023$553K
FY2024$643K

From the FY2020 Form 990 · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 2018.

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

Where the money goes

40 cents of each dollar spent went to programs.

Program services 40% · $6K Management & general 60% · $9K

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

4 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Impact Asia 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 15aNo

Programs and updates

Supports Christian ministries and youth development in Southeast Asia.

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1 program · $6K · in their own filed words · FY2020
01

Volunteer group visited to Thailand and carried the mission of helping people in need of medical assistance and youth development program in Chian Mai.

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 82-0602373) · Dispute this line
$6Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 4 grants · $38K · 2020–2023

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$160K
Ln 12
Gifts and grantsLn 1h$157K
Investment incomeLn 3$3K
Money outPt IX
$16K
Ln 25
Programscol B$6K
Managementcol C$9K
Owns and owesPt X
$277K
net assets · Ln 32
Cash and savingsLn 1–2$19K
Total assetsLn 16$277K
LiabilitiesLn 26$0
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$157K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Investment incomeLn 3$3K
Total revenueLn 12$160K
Assets in detailPt X, end of year
CashLn 1$19K
Cash and savings togetherLn 1–2$19K
InvestmentsLn 11–13$258K
Total assetsLn 16$277K
LiabilitiesLn 26$0
Net assetsLn 32$277K
OperationsPt I, VI
EmployeesI 50
VolunteersI 64
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3More from this return
Investment feesPt IX, Sch D
Investment fees, as reportedPt IX 11f$2K
Share of the $14K endowmentSch D 1g14.0%
Typical, median of 2,202 orgs0.44%
EndowmentSch D · Pt V
LineFY20FY19FY18FY17FY16
End of yearLn 1g$14K$14K$0$0$0
AddedLn 1b$0$14K$0$0$0
SpentLn 1d–1f$0$0$0$0$0
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$18K$19K
InvestmentsLn 11–13$109K$258K
Total assetsLn 16$126K$277K
LiabilitiesLn 26$555$0
Net assetsLn 32$126K$277K
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$6K$6K
Grants to domestic individualsLn 2$0$0
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$0$0
Pay of officers and key staff (Part IX, line 5)Ln 5$0$0$0$0
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$0$0$0$0
Pension plan contributionsLn 8$0$0$0$0
Other employee benefitsLn 9$0$0$0$0
Payroll taxesLn 10$0$0$0$0
Management feesLn 11a$0$0$0$0
Legal feesLn 11b$0$0$0$0
Accounting feesLn 11c$4K$0$4K$0
Lobbying feesLn 11d$0$0$0$0
Professional fundraising feesLn 11e$0$0
Investment management feesLn 11f$2K$0$2K$0
Other fees for servicesLn 11g$0$0$0$0
Advertising and promotionLn 12$704$0$704$0
Office expensesLn 13$1K$0$1K$0
Information technologyLn 14$0$0$0$0
RoyaltiesLn 15$0$0$0$0
OccupancyLn 16$0$0$0$0
TravelLn 17$574$0$574$0
Travel and entertainment for public officialsLn 18$0$0$0$0
Conferences, conventions and meetingsLn 19$0$0$0$0
InterestLn 20$32$0$32$0
Payments to affiliatesLn 21$0$0$0$0
Depreciation, depletion and amortizationLn 22$0$0$0$0
InsuranceLn 23$0$0$0$0
All other expensesLn 24e$923$0$923$0
Total functional expensesLn 25$16K$6K$9K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Oct 9, 2025 $82K$8K$73K$643K 990 PDF
FY2023Filed with the IRS Sep 29, 2024 $85K$31K$54K$553K 990 PDF
FY2022Filed with the IRS Oct 9, 2023 $77K$28K$49K$469K 990 PDF
FY2021Filed with the IRS Aug 23, 2022 $238K$32K$206K$513K 990 PDF
FY2020 ViewingFiled with the IRS Sep 20, 2021 $160K$16K$145K$277K 990 PDF

Schedules filed Part IV

A · Public support D · Assets and endowments I · Grants O · Explanations
See the full FY2020 990
Part I · Summary $160,241 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $107,042$156,845
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $2,222$3,396
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $109,264$160,241
I-13 Grants and similar amounts paidPrior year $17,545$6,200
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 $22,537$9,397
I-18 Total expensesPrior year $40,082$15,597
I-19 Revenue less expensesPrior year $69,182$144,644
Part VI · Governance 4 of 4 board members independent, 4 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $160,241 across 11 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$156,845
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$156,845
VIII-3 Investment incomeRelated to mission $3,396 · Unrelated business $0 · Excluded from tax $0$3,396
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $3,396 · Unrelated business $0 · Excluded from tax $0$160,241
Part IX · Statement of functional expenses $15,597 across 30 lines filed
IX-1 Grants to domestic organizationsPrograms $6,200$6,200
IX-2 Grants to domestic individualsPrograms $0$0
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $0 · Management $0 · Fundraising $0$0
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $0 · Management $0 · Fundraising $0$0
IX-8 Pension plan contributionsPrograms $0 · Management $0 · Fundraising $0$0
IX-9 Other employee benefitsPrograms $0 · Management $0 · Fundraising $0$0
IX-10 Payroll taxesPrograms $0 · Management $0 · Fundraising $0$0
IX-11a Management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11b Legal feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11c Accounting feesPrograms $0 · Management $3,795 · Fundraising $0$3,795
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesPrograms $0 · Management $1,927 · Fundraising $0$1,927
IX-11g Other fees for servicesPrograms $0 · Management $0 · Fundraising $0$0
IX-12 Advertising and promotionPrograms $0 · Management $704 · Fundraising $0$704
IX-13 Office expensesPrograms $0 · Management $1,442 · Fundraising $0$1,442
IX-14 Information technologyPrograms $0 · Management $0 · Fundraising $0$0
IX-15 RoyaltiesPrograms $0 · Management $0 · Fundraising $0$0
IX-16 OccupancyPrograms $0 · Management $0 · Fundraising $0$0
IX-17 TravelPrograms $0 · Management $574 · Fundraising $0$574
IX-18 Travel and entertainment for public officialsPrograms $0 · Management $0 · Fundraising $0$0
IX-19 Conferences, conventions and meetingsPrograms $0 · Management $0 · Fundraising $0$0
IX-20 InterestPrograms $0 · Management $32 · Fundraising $0$32
IX-21 Payments to affiliatesPrograms $0 · Management $0 · Fundraising $0$0
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $0 · Fundraising $0$0
IX-23 InsurancePrograms $0 · Management $0 · Fundraising $0$0
IX-24e All other expensesPrograms $0 · Management $923 · Fundraising $0$923
IX-25 Total functional expensesPrograms $6,200 · Management $9,397 · Fundraising $0$15,597
Part X · Balance sheet $277,129 assets, 28 lines filed
X-1 Cash, non-interest-bearingStart of year $17,562$18,703
X-2 Savings and temporary cash investmentsStart of year $0$0
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $0$0
X-5 Loans to officers and key peopleStart of year $0$0
X-6 Loans to other insidersStart of year $0$0
X-7 Notes and loans receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-11 Publicly traded securitiesStart of year $108,555$258,426
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $126,117$277,129
X-17 Accounts payable and accrued expensesStart of year $555$0
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-21 Escrow or custodial accountsStart of year $0$0
X-22 Loans from officers and insidersStart of year $0$0
X-23 Secured mortgages and notes payableStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-26 Total liabilitiesStart of year $555$0
X-27 Net assets without donor restrictionsStart of year $13,900$13,900
X-28 Net assets with donor restrictionsStart of year $111,662$263,229
X-32 Total net assets or fund balancesStart of year $125,562$277,129
X-33 Total liabilities and net assetsStart of year $126,117$277,129
Part XI · Reconciliation of net assets $277,129 net assets at year end
XI-1 Total revenue$160,241
XI-2 Total expenses$15,597
XI-3 Revenue less expenses$144,644
XI-4 Net assets at start of year$125,562
XI-5 Net unrealized gains (losses) on investments$6,923
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$277,129

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

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