Asian Relief Inc
- Assets
- $21.9m
- Revenue
- $6.7m
- Investments
- $0.0
- Employees
- 9
- Location
- Annapolis, MD
- Founding
- 04/1986
- Data as of
- 12/2020
- EIN
- 52-1440944
Organization Overview
Asian Relief Inc, operating under the name World Villages For Children, is located in Annapolis, MD. The organization was established in 1986. According to its NTEE Classification (Q99) the organization is classified as: International, Foreign Affairs & National Security N.E.C., under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2020, World Villages For Children employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Villages For Children 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 12/2020, World Villages For Children generated $6.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $4.7m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE WORLD VILLAGES FOR CHILDREN PROVIDES FINANCIAL SUPPORT FOR THE CHARITY PROGRAMS OF THE SISTERS OF MARY. THESE PROGRAMS PROVIDE FOOD, SHELTER, MEDICAL CARE, A FULLY ACCREDITED EDUCATION AND VOCATIONAL TRAINING TO OVER 21,000 CHILDREN COMING FROM THE POOREST OF THE POOR IN SOUTH KOREA, PHILIPPINES, MEXICO, GUATEMALA, HONDURAS, BRAZIL, AND TANZANIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANT OF FUNDS TO THE SISTERS OF MARY AND THOSE CHARITIES THAT SUPPORT THE SISTERS OF MARY WHICH IN TURN PROVIDED MEDICAL, FOOD, CLOTHING, SHELTER AND EDUCATION TO OVER 21,000 CHILDREN AND THE OPERATION OF TWO HOSPITALS FOR THE POOR AND SPECIAL EDUCATION.
TO PROMOTE AND EDUCATE OUR DONORS AND POTENTIAL DONORS OF THE SOCIO-ECONOMIC PLIGHT OF THE POOR, HANDICAPPED, SICK AND HOMELESS CHILDREN AND ADULTS IN KOREA, THE PHILIPPINES, MEXICO, GUATEMALA, BRAZIL, HONDURAS, AND TANZANIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul E Gesterling Executive Director | Officer | 40 | $140,144 |
Sr Elena Belarmino Secretary | OfficerTrustee | 5 | $0 |
Sr Margie Cheong Treasurer | OfficerTrustee | 5 | $0 |
Sr Maria Cho Chairperson | OfficerTrustee | 5 | $0 |
Stephen P Peroutka Director | Trustee | 5 | $0 |
Thomas Sullivan Director | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Directmailcom Direct Mail Services | 12/30/20 | $489,124 |
Idmi Donor Database Management | 12/30/20 | $119,870 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,602,547 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,602,547 |
| Total Program Service Revenue | $182,208 |
| Investment income | $443,803 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,222,645 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,735,351 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $2,282,017 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $155,970 |
| Compensation of current officers, directors, key employees. | $20,338 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $513,982 |
| Pension plan accruals and contributions | $28,422 |
| Other employee benefits | $165,567 |
| Payroll taxes | $50,929 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $25,558 |
| Fees for services: Accounting | $36,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $85,175 |
| Fees for services: Other | $706,965 |
| Advertising and promotion | $0 |
| Office expenses | $318,145 |
| Information technology | $12,090 |
| Royalties | $0 |
| Occupancy | $225,387 |
| Travel | $16,809 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,222 |
| Insurance | $24,684 |
| All other expenses | $0 |
| Total functional expenses | $4,687,918 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,968,057 |
| Savings and temporary cash investments | $731,531 |
| Pledges and grants receivable | $248,765 |
| Accounts receivable, net | $91,336 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $120,845 |
| Net Land, buildings, and equipment | $23,301 |
| Investments—publicly traded securities | $17,720,074 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $19,406 |
| Total assets | $21,923,315 |
| Accounts payable and accrued expenses | $38,497 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,880,932 |
| Total liabilities | $1,919,429 |
| Net assets without donor restrictions | $16,625,091 |
| Net assets with donor restrictions | $3,378,795 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $21,923,315 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Asian Relief Inc has recieved totaling $99,457.
| Awarding Organization | Amount |
|---|---|
The Bessemer Giving Fund Woodbridge, NJ PURPOSE: GENERAL SUPPORT | $50,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: INTERNATIONAL, FOREIGN AFFAIRS | $24,950 |
Bny Mellon Charitable Gift Fund Boston, MA PURPOSE: TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | $10,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $8,058 |
Organization Name not Listed PURPOSE: GENERAL CHARITABLE PURPOSES | | $3,205 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $2,500 |
Endowment Analysis
| Beg. Balance | $2,241,585 |
| Earnings | $248,039 |
| Ending Balance | $2,489,624 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Freedom Alliance Dulles, VA | $45,793,332 | $14,131,873 |
Asian Relief Inc Annapolis, MD | $21,923,315 | $6,735,351 |
American International Health Alliance Inc Washington, DC | $5,105,409 | $3,578,951 |
International Institute Of Ammonia Refrigeration Alexandria, VA | $5,426,318 | $2,852,892 |
International Road Federation Alexandria, VA | $3,313,545 | $2,310,927 |
International Chiropractors Association Inc Falls Church, VA | $519,133 | $1,437,537 |
Stichting Oxfam International Washington, DC | $55,192 | $1,188,966 |
All Kids Can Learn International Inc Havre De Grace, MD | $247,431 | $995,888 |
International Assoc Of Bridge Structural & Ornamental Iron Worke Parkersburg, WV | $2,188,362 | $1,366,454 |
International Wood Products Association Alexandria, VA | $1,885,617 | $861,632 |
World Federation Of Direct Selling Associations Washington, DC | $3,499,316 | $1,250,174 |
International Union Of Elevator Constructors Pittsburgh, PA | $1,072,151 | $798,042 |