Asha Foundation Inc is located in Provo, UT. The organization was established in 2012. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Asha Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Asha Foundation Inc generated $61.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.9% each year . All expenses for the organization totaled $55.7k during the year ending 12/2022. While expenses have increased by 12.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
RAISED MONEY FOR OUR MISSION TO FUND ASIAN FOUNDATIONS WHOSE PURPOSE IS TO OPERATE SCHOOLS AND ORPHANAGES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sean Brown President | 30 | $0 | |
Cathy Lee Director | 10 | $0 | |
Cecilia Arcipe Director | 10 | $0 | |
Aida Brown Vice Preside | 30 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $74,806 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $1,170 |
Gain or Loss | -$14,935 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $61,041 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $224 |
Occupancy, rent, utilities, and maintenance | $2,085 |
Printing, publications, postage, and shipping | $107 |
Other expenses | $9,701 |
Total expenses | $55,717 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $116,388 |
Other assets | $0 |
Total assets | $116,388 |
Total liabilities | $0 |
Net assets or fund balances | $116,388 |