Asian Financial Society

  • New York, NY
  • Tax exemption issued: March 1992
  • EIN: 13-3471772

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Community Improvement, Capacity Building / Promotion of Business (NTEE)

Donations to this organization are tax deductible.

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Organizations with gross receipts of less than $50,000 can file the form 990-N postcard filing, which doesn’t include financial details. All Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$1,517
Expenses
$3,777
Net Income
-$2,260
Net Assets
$122,199
Notable Sources of Revenue Percent of Total Revenue
Contributions $96
6.3%
Program Services $1,421
93.7%
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $122,199
Total Liabilities $0
Net Assets $122,199
Compensation
Key Employees and Officers Compensation Other
Frank Mah (Chair) $0 $0
Yuejuan Weng (President) $0 $0
Chengying Xiu (Director) $0 $0
David Liu (Secretary) $0 $0
Leon Li (Director) $0 $0
Arnold Chu (Treasurer) $0 $0
Blake Zhang (Director) $0 $0
Morgan Jones (Director) $0 $0
Joanne Chiu (Director) $0 $0
Jack Xu (Director) $0 $0
Kewa Luo (Director) $0 $0
Vageesh Naik (Director) $0 $0
Andy Li (Director) $0 $0
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Document Links

990-EZ
Filed on Dec. 31, 2025

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$4,282
Expenses
$6,161
Net Income
-$1,879
Net Assets
$124,459
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,983
> 100%
Program Services $1,063
24.8%
Investment Income $101
2.4%
Net Fundraising $0
Sales of Assets -$2,961
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $124,459
Total Liabilities $0
Net Assets $124,459
Compensation
Key Employees and Officers Compensation Other
Frank Mah (Chair) $0 $0
Yuejuan Weng (President) $0 $0
Chengying Xiu (Director) $0 $0
David Liu (Secretary) $0 $0
Leon Li (Director) $0 $0
Arnold Chu (Treasurer) $0 $0
Blake Zhang (Director) $0 $0
Morgan Jones (Director) $0 $0
Joanne Chiu (Director) $0 $0
Jack Xu (Director) $0 $0
Kewa Luo (Director) $0 $0
Vageesh Naik (Director) $0 $0
Andy Li (Director) $0 $0
+ View more people

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990-EZ
Filed on Sept. 24, 2024

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$4,005
Expenses
$4,790
Net Income
-$785
Net Assets
$126,338
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,568
64.1%
Program Services $1,074
26.8%
Investment Income $113
2.8%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $126,338
Total Liabilities $0
Net Assets $126,338
Compensation
Key Employees and Officers Compensation Other
Frank Mah (Chair) $0 $0
Yuejuan Weng (President) $0 $0
Chengying Xiu (Director) $0 $0
David Liu (Secretary) $0 $0
Leon Li (Director) $0 $0
Arnold Chu (Treasurer) $0 $0
Blake Zhang (Director) $0 $0
Morgan Jones (Director) $0 $0
Joanne Chiu (Director) $0 $0
Jack Xu (Director) $0 $0
Kewa Luo (Director) $0 $0
Vageesh Naik (Director) $0 $0
Andy Li (Director) $0 $0
+ View more people

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990-EZ
Filed on May 3, 2023

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$1,993
Expenses
$3,769
Net Income
-$1,776
Net Assets
$127,123
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,020
51.2%
Program Services $0
Investment Income $73
3.7%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $127,123
Total Liabilities $0
Net Assets $127,123
Compensation
Key Employees and Officers Compensation Other
Chengying Xiu (Chairman) $0 $0
Kewa Luo (President) $0 $0
Arnold Chu (Treasurer) $0 $0
Frank Mah (Secretary) $0 $0
Loy Weng (Secreatary) $0 $0
Si Yang (Director) $0 $0
Charlie Peng (Director) $0 $0
Blake Zhang (Director) $0 $0
Qin Wang (Director) $0 $0
Jinfeng Tang (Director) $0 $0
Avery Starr (Director) $0 $0
Morgan Jones (Director) $0 $0
Johnny Su (Director) $0 $0
Shan Chen (Director) $0 $0
Jack Xu (Director) $0 $0
Yuejuan Weng (Director) $0 $0
Vageesh Naik (Director) $0 $0
Frank Wuang (Director) $0 $0
+ View more people

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990-EZ
Filed on April 29, 2022

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$24,541
Expenses
$27,116
Net Income
-$2,575
Net Assets
$128,899
Notable Sources of Revenue Percent of Total Revenue
Contributions $23,979
97.7%
Program Services $104
0.4%
Investment Income $58
0.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $128,899
Total Liabilities $0
Net Assets $128,899
Compensation
Key Employees and Officers Compensation Other
Chengying Xiu (Chairman) $0 $0
Kewa Luo (President) $0 $0
Arnold Chu (Treasurer) $0 $0
Frank Mah (Secretary) $0 $0
Craig Williston (Director) $0 $0
Loy Weng (Secreatary) $0 $0
Si Yang (Director) $0 $0
Charlie Peng (Director) $0 $0
Blake Zhang (Director) $0 $0
Qin Wang (Director) $0 $0
Jinfeng Tang (Director) $0 $0
Avery Starr (Director) $0 $0
Morgan Jones (Director) $0 $0
Johnny Su (Director) $0 $0
Shan Chen (Director) $0 $0
Jack Xu (Director) $0 $0
Yuejuan Weng (Director) $0 $0
Vageesh Naik (Director) $0 $0
Frank Wuang (Director) $0 $0
Sam Van (Director) $0 $0
+ View more people

Document Links

990-EZ
Filed on April 24, 2021

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$35,217
Expenses
$30,412
Net Income
$4,805
Net Assets
$131,474
Notable Sources of Revenue Percent of Total Revenue
Contributions $18,053
51.3%
Program Services $15,914
45.2%
Investment Income $50
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $131,474
Total Liabilities $0
Net Assets $131,474
Compensation
Key Employees and Officers Compensation Other
Chengying Xiu (Chairman) $0 $0
Kewa Luo (President) $0 $0
Arnold Chu (Treasurer) $0 $0
Frank Mah (Secretary) $0 $0
Craig Williston (Director) $0 $0
Loy Weng (Secreatary) $0 $0
Si Yang (Director) $0 $0
Charlie Peng (Director) $0 $0
Blake Zhang (Director) $0 $0
Qin Wang (Director) $0 $0
Jinfeng Tang (Director) $0 $0
Avery Starr (Director) $0 $0
Morgan Jones (Director) $0 $0
Johnny Su (Director) $0 $0
Shan Chen (Director) $0 $0
Jack Xu (Director) $0 $0
Yuejuan Weng (Director) $0 $0
Vageesh Naik (Director) $0 $0
Frank Wuang (Director) $0 $0
Sam Van (Director) $0 $0
+ View more people

Document Links

990-EZ
Filed on July 3, 2020

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$33,165
Expenses
$28,451
Net Income
$4,714
Net Assets
$126,669
Notable Sources of Revenue Percent of Total Revenue
Contributions $11,501
34.7%
Program Services $15,901
47.9%
Investment Income $32
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $126,669
Total Liabilities $0
Net Assets $126,669
Compensation
Key Employees and Officers Compensation Other
Jack Xu (Chairman) $0 $0
Kewa Luo (President) $0 $0
Arnold Chu (Treasurer) $0 $0
Frank Mah (Secretary) $0 $0
Craig Williston (Director) $0 $0
Loy Weng (Director) $0 $0
Si Yang (Director) $0 $0
Charlie Peng (Director) $0 $0
Blake Zhang (Director) $0 $0
Jie Xiu (Director) $0 $0
Qin Wang (Director) $0 $0
Jinfeng Tang (Director) $0 $0
Avery Starr (Director) $0 $0
Morgan Jones (Director) $0 $0
Johnny Su (Director) $0 $0
Yiting Liu (Director) $0 $0
Shan Chen (Director) $0 $0
+ View more people

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990-EZ
Filed on Oct. 8, 2019

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$44,207
Expenses
$40,572
Net Income
$3,635
Net Assets
$121,955
Notable Sources of Revenue Percent of Total Revenue
Contributions $8,432
19.1%
Program Services $32,487
73.5%
Investment Income $28
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $122,381
Total Liabilities $426
Net Assets $121,955
Compensation
Key Employees and Officers Compensation Other
Jack Xu (Chairman) $0 $0
Kewa Luo (President) $0 $0
Arnold Chu (Treasurer) $0 $0
Frank Mah (Secretary) $0 $0
Sam Van (Director) $0 $0
Tracy Wan (Director) $0 $0
David Liu (Director) $0 $0
Charlie Peng (Director) $0 $0
Blake Zhang (Director) $0 $0
Jie Xiu (Director) $0 $0
Qin Wang (Director) $0 $0
Allen Chang (Director) $0 $0
Jinfeng Tang (Director) $0 $0
Ling Chen (Director) $0 $0
Morgan Jones (Director) $0 $0
Francis Sheng (Director) $0 $0
Wei Zhao (Director) $0 $0
Yiting Liu (Director) $0 $0
Shan Chen (Director) $0 $0
+ View more people

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990-EZ
Filed on April 21, 2018

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$38,381
Expenses
$37,181
Net Income
$1,200
Net Assets
$118,320
Notable Sources of Revenue Percent of Total Revenue
Contributions $10,380
27.0%
Program Services $26,860
70.0%
Investment Income $27
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $45
0.1%
Assets/Debt
Total Assets $118,320
Total Liabilities $0
Net Assets $118,320
Compensation
Key Employees and Officers Compensation Other
Qin Wang (Chairman) $0 $0
Kevin Chen (President) $0 $0
Allen Chang (Secretary) $0 $0
Arnold Chu (Co-treasurer) $0 $0
Sam Van (Co-treasurer) $0 $0
Tracy Wan (Director) $0 $0
David Liu (Director) $0 $0
Charlie Peng (Director) $0 $0
Blake Zhang (Director) $0 $0
Jie Xiu (Director) $0 $0
Jinfeng Tang (Director) $0 $0
Morgan Jones (Director) $0 $0
Ming Xiang (Director) $0 $0
Kewa Luo (Director) $0 $0
Wei Zhao (Director) $0 $0
Yiting Liu (Director) $0 $0
Jack Xu (Director) $0 $0
Shawn Hou (Director) $0 $0
Xiao Yang (Director) $0 $0
+ View more people

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990-EZ
Filed on April 16, 2017

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$53,033
Expenses
$27,770
Net Income
$25,263
Net Assets
$117,120
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $52,271
98.6%
Investment Income $12
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $117,120
Total Liabilities $0
Net Assets $117,120
Compensation
Key Employees and Officers Compensation Other
Qin Wang (Chairman) $0 $0
Kevin Chen (President) $0 $0
Allen Chang (Secretary) $0 $0
Arnold Chu (Co-treasurer) $0 $0
Sam Van (Co-treasurer) $0 $0
Tracy Wan (Director) $0 $0
David Liu (Director) $0 $0
Cheng Yuan (Director) $0 $0
Charlie Peng (Director) $0 $0
Blake Zhang (Director) $0 $0
Jie Xiu (Director) $0 $0
Jin Liu (Director) $0 $0
Jinfeng Tang (Director) $0 $0
Morgan Jones (Director) $0 $0
Ming Xiang (Director) $0 $0
Kewa Luo (Director) $0 $0
Wei Zhao (Director) $0 $0
Yiting Liu (Director) $0 $0
+ View more people

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990-EZ
Filed on May 8, 2016

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$109,492
Expenses
$70,462
Net Income
$39,030
Net Assets
$91,857
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,305
2.1%
Program Services $106,439
97.2%
Investment Income $10
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $91,857
Total Liabilities $0
Net Assets $91,857
Compensation
Key Employees and Officers Compensation Other
Blake Zhang (Chairman) $0 $0
Qin Wang (President) $0 $0
Ji Qin (Secretary) $0 $0
Arnold Chu (Co-treasurer) $0 $0
Sam Van (Co-treasurer) $0 $0
Tracy Wan (Director) $0 $0
David Liu (Director) $0 $0
Cheng Yuan (Director) $0 $0
Charlie Peng (Director) $0 $0
David Zhang (Director) $0 $0
Jie Xiu (Director) $0 $0
Jin Liu (Director) $0 $0
Jinfeng Tang (Director) $0 $0
Kevin Chen (Director) $0 $0
Ming Xiang (Director) $0 $0
Patrick Donohue (Director) $0 $0
Xiao Yang (Director) $0 $0
Yiting Liu (Director) $0 $0
Allen Chang (Director) $0 $0
+ View more people

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990-EZ
Filed on April 22, 2015

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$33,257
Expenses
$29,056
Net Income
$4,201
Net Assets
$52,837
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $30,370
91.3%
Investment Income $14
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $52,837
Total Liabilities $0
Net Assets $52,837
Compensation
Key Employees and Officers Compensation Other
Blake Zhang (President - Chairman) $0 $0
Sam Van (Vp - Vicechair) $0 $0
Qin Wang (Secretary) $0 $0
Tracy Wan (Co-treasurer) $0 $0
Sc Arnold Chu (Co-treasurer) $0 $0
Dayong Liu (Director) $0 $0
Yuan Cheng (Director) $0 $0
Ji Qin (Director) $0 $0
Maggie Chen (Director) $0 $0
Jin Liu (Director) $0 $0
Jing Zhang (Director) $0 $0
Michael Zakkour (Director) $0 $0
Ming Xiang (Director) $0 $0
Jinfeng Tang (Director) $0 $0
Patrick Donohue (Director) $0 $0
Ying Yen (Director) $0 $0
Yiting Liu (Director) $0 $0
Catherine Fan (Director) $0 $0
Jie Xiu (Director) $0 $0
+ View more people

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990-EZ
Filed on May 13, 2014

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$72,681
Expenses
$42,981
Net Income
$29,700
Net Assets
$48,636
Notable Sources of Revenue Percent of Total Revenue
Contributions $200
0.3%
Program Services $69,252
95.3%
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $48,636
Total Liabilities $0
Net Assets $48,636

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$5,133
Expenses
$9,093
Net Income
-$3,960
Net Assets
$18,936
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,132
61.0%
Investment Income $11
0.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $18,936
Total Liabilities $0
Net Assets $18,936

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$14,726
Expenses
$14,292
Net Income
$434
Net Assets
$22,896
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $14,060
95.5%
Investment Income $10
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $22,896
Total Liabilities $0
Net Assets $22,896

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

Gross receipts
Less than $50,000

Postcard filings do not ask for a specific revenue amount and provide no additional financial details.

Document Links

990-N

Postcard filing for an organization with gross receipts less than $50,000. These filings do not generate a downloadable form.

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains financial information from tax returns processed by the IRS since the 2012 calendar years, as well as data extracted from digital filings. IRS summary data also includes limited older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits for nonprofit organizations that spent $750,000 or more in federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Most organizations that have been recognized as tax exempt by the IRS have to file the Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file the Form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard," which does not contain financial details. Churches are not required to file Form 990.

Nonprofit Explorer has organizations that are claiming tax exemption in any of the 27 subsections of the 501(c) section of the tax code. Taxable trusts and private foundations that are required to file a form 990PF are also included.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes Employer Identification Numbers and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

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