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New York · Nonprofit

ASIAN FINANCIAL SOCIETY

ASIAN FINANCIAL SOCIETY (New York) receives grants from 1 organization whose IRS filings report $20 to it, the largest being AMERICAN EXPRESS FOUNDATION ($20). 0 of them have funded it in more than one year.

Revenue FY2024
$2k
Funders on record
1
Grants received
$20
Net assets
$122k
0/1 repeat funderspeak grant-dependency 0%
01What it does

What Asian Financial Society does

Mission

The Asian Financial Society (AFS) is a 501(c)(3) non-profit organization that aims to help young professionals achieve lifelong goals in entering the US-Asian finance industry through free or low-cost career enhancement opportunities, business development and general career support.

As stated on its FY2024 Form 990-EZ.

Program

  1. AFS Summer Program #1: How can AI/ML impact the financial service industry?, July 18, 2024 AFS Summer Program #2: IPO Trends in 2024, on July 29, 2024 AFS Summer Program #3: Option trading - Strategies and Risk Management, on August 8, 2024 AFS Summer Program #4: Navigating opportunities in Southeast Asia, on August 15, 2024 AFS Summer Program #5: Personal Wealth Management () Event Date: 08/22/2024 2024 autumn hiking event on Sunday October 27 AFS Private Briefing: Dr. Ben Meng - Co-Sponsored by China Institute February 26, 2025 - 4:00 pm - 6:00 pm EDT Location: China Institute in America 40 Rector Street, New York, NY 10006

    $1,424 spent
    100% of program spending

The program described on its FY2024 Form 990-EZ. Program spending in total: $1,424.

02The organization over time

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.

100 = 20172017 Revenue 100 ($44k) Expenses 100 ($41k) Net assets 100 ($122k)2018 Revenue 75 ($33k) Expenses 70 ($28k) Net assets 104 ($127k)2019 Revenue 80 ($35k) Expenses 75 ($30k) Net assets 108 ($131k)2020 Revenue 56 ($25k) Expenses 67 ($27k) Net assets 106 ($129k)2021 Revenue 5 ($2k) Expenses 9 ($4k) Net assets 104 ($127k)2022 Revenue 9 ($4k) Expenses 12 ($5k) Net assets 104 ($126k)2023 Revenue 10 ($4k) Expenses 15 ($6k) Net assets 102 ($124k)2024 Revenue 3 ($2k) Expenses 9 ($4k) Net assets 100 ($122k)
'17'18'19'20'21'22'23'24
Revenue (3)Expenses (9)Net assets (100)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $127k to $131k (+4%).

$122k
$127k
$131k
$129k
$127k
$126k
$124k
$122k
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

6% of ASIAN FINANCIAL SOCIETY’s revenue is contributions — more earned-revenue than three-quarters of its peers (77% for the typical peer).

This organization
Typical peer · 10,230 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 8 reported years ran a deficit.

$4k
’17
$5k
’18
$5k
’19
−$3k
’20
−$2k
’21
−$785
’22
−$2k
’23
−$2k
’24

Leadership and staff

Board chair

Frank Mah

Chair

As listed on its FY2024 Form 990-EZ.

03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'20
total
funders
1

From the IRS filings of ASIAN FINANCIAL SOCIETY’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.

Where its funders are

100% of ASIAN FINANCIAL SOCIETY's grant income comes from New York funders.

NY

Funder states come from each funder’s own filing. 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.

04Its place in the field

Against its field

ASIAN FINANCIAL SOCIETY's revenue fell 97% between 2017 and 2024.

Operating margin−149% · bottom quartile
Revenue growth (annualized)−38% · bottom quartile

this organization peer median middle 50% of peers· 9,376 community improvement nonprofits under $100k, FY2024

Organizations like ASIAN FINANCIAL SOCIETY

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 New York

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

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

NY

Screen this organization

A dated, signed PDF of the compliance screen for ASIAN FINANCIAL SOCIETY: 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.

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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 FINANCIAL SOCIETY?
ASIAN FINANCIAL SOCIETY (New York) receives grants from 1 organization whose IRS filings report $20 to it, the largest being AMERICAN EXPRESS FOUNDATION ($20). 0 of them have funded it in more than one year.
How many funders does ASIAN FINANCIAL SOCIETY have?
IRS filings report 1 organization giving $20 in grants to ASIAN FINANCIAL SOCIETY.
Who is the largest funder of ASIAN FINANCIAL SOCIETY?
AMERICAN EXPRESS FOUNDATION is the largest funder on record, with $20 in grants. The full list of funders is on this page.
How can an organization like ASIAN FINANCIAL SOCIETY find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Asian Financial Society →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 1 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