Virginia · Nonprofit
Asian American Society of Central Virginia
Asian American Society of Central Virginia (Virginia) receives grants from 6 organizations whose IRS filings report $210,968 to it, the largest being VERIZON FOUNDATION ($175,000). 3 of them have funded it in more than one year.
- Revenue FY2025
- $95k
- Funders on record
- 6
- Grants received
- $211k
- Net assets
- $162k
What Asian American Society of Central Virginia does
Mission
To promote unity, harmony, and diversity in the central virginia region. Through various cultural celebrations and active participation in various community events and initiatives, the society raises
As stated on its FY2025 Form 990.
Programs
Asian american celebration an event that is held on a yearly basis at the greater richmond convention center in may. Celebrates diverse asian american heritage in the greater richmond metropolitan area. The event provides an excellent opportunity for all asian member communities to display their own cultural artifacts, traditional clothes, handmade replicas and the like to be put on display in each communitys cultural booth. Each member community also has a hands-on booth as weel, which provides a range of fun but educational games for children.
$58,054 spent$150 earned by the program95% of program spendingLegislative Reception 2025 Meet and greet with Commonwealth legislators and community leaders to receive updates on new policies and their impacts to our community
$3,260 spent5% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $61,314.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $184k to $156k (−15%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
100% of Asian American Society of Central Virginia’s revenue is contributions — more donation-reliant than the typical peer (78% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2020 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $18 → $10k.
1 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of Asian American Society of Central Virginia’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
Asian American Society of Central Virginia leans on a few funders — its largest provides 83% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2020 100% · 2021 97% · 2022 92% · 2023 97% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
Asian American Society of Central Virginia draws 83% of its grant income from funders outside Virginia, across 4 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $68 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
Asian American Society of Central Virginia runs a healthier operating margin than three-quarters of the 10,242 arts & culture nonprofits its size.
this organization peer median middle 50% of peers· 10,242 arts & culture nonprofits under $100k, FY2025
Organizations like Asian American Society of Central Virginia
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Virginia
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
97% of spending goes to programs.
Governance
Public support
99%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for Asian American Society of Central Virginia: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds Asian American Society of Central Virginia?
- Asian American Society of Central Virginia (Virginia) receives grants from 6 organizations whose IRS filings report $210,968 to it, the largest being VERIZON FOUNDATION ($175,000). 3 of them have funded it in more than one year.
- How many funders does Asian American Society of Central Virginia have?
- IRS filings report 6 organizations giving $210,968 in grants to Asian American Society of Central Virginia, 3 of which have funded it in more than one year.
- Who is the largest funder of Asian American Society of Central Virginia?
- VERIZON FOUNDATION is the largest funder on record, with $175,000 in grants. The full list of funders is on this page.
- How can an organization like Asian American Society of Central Virginia find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing