Skip to content
ProPublica Donate
ProPublica Donate

Asian Research Foundation

  • Aiea, HI
  • Tax-exempt since Aug. 2014
  • EIN: 99-0266031

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: Philanthropy, Voluntarism and Grantmaking Foundations / Named Trusts/Foundations N.E.C. (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$72.8k (2024)

Expenses
$173k (2024)

Total Assets
$1.29M (2024)

Total Liabilities
$1.04k (2024)

Source: Form 990 tax filings from 2013 to 2024

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. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$72,795
Expenses
$172,994
Net Income
-$100,199
Net Assets
$1,287,524
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $2
0.0%
Dividends $28,267
38.8%
Sales of Assets $24,526
33.7%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $101,963
58.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,288,564
Total Liabilities $1,040
Net Assets $1,287,524
Compensation
Key Employees and Officers Compensation Other
Namsun Song (President) $0 $0
Edward Shultz (Vice President/Director) $0 $0
Sang Hyop Lee (Secretary) $0 $0
Tae Ung Baik (Treasurer/Director) $0 $0
Jongsoo Yoon (Director) $0 $0
Haemi Kwon (Director) $0 $0
+ View more people

Document Links

990-PF
Filed on Nov. 7, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$40,648
Expenses
$174,605
Net Income
-$133,957
Net Assets
$1,387,723
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $2
0.0%
Dividends $23,499
57.8%
Sales of Assets -$6,853
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $107,766
61.7%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,388,763
Total Liabilities $1,040
Net Assets $1,387,723
Compensation
Key Employees and Officers Compensation Other
Namsun Song (President) $0 $0
Edward Shultz (Vice President/Director) $0 $0
Sang Hyop Lee (Secretary) $0 $0
Tae Ung Baik (Treasurer/Director) $0 $0
Jongsoo Yoon (Director) $0 $0
Haemi Kwon (Director) $0 $0
+ View more people

Document Links

990-PF
Filed on Nov. 15, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$44,675
Expenses
$234,311
Net Income
-$189,636
Net Assets
$1,521,680
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $1
0.0%
Dividends $20,690
46.3%
Sales of Assets -$16
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $169,139
72.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,522,720
Total Liabilities $1,040
Net Assets $1,521,680
Compensation
Key Employees and Officers Compensation Other
Namsun Song (President) $0 $0
Edward Shultz (Vice President/Director) $0 $0
Sang Hyop Lee (Secretary) $0 $0
Tae Ung Baik (Treasurer/Director) $0 $0
Hyunae Oh (Director) $0 $0
Haemi Kwon (Director) $0 $0
+ View more people

Document Links

990-PF
Filed on May 5, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$83,204
Expenses
$167,332
Net Income
-$84,128
Net Assets
$1,711,316
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $1
0.0%
Dividends $32,028
38.5%
Sales of Assets $27,175
32.7%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $103,732
62.0%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,712,896
Total Liabilities $1,580
Net Assets $1,711,316
Compensation
Key Employees and Officers Compensation Other
Namsun Song (President) $0 $0
Edward Shultz (Vice President/Director) $0 $0
Sang Hyop Lee (Secretary) $0 $0
Tae Ung Baik (Treasurer/Director) $0 $0
Hyunae Oh (Director) $0 $0
Haemi Kwon (Director) $0 $0
+ View more people

Document Links

990-PF
Filed on May 20, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$93,037
Expenses
$149,765
Net Income
-$56,728
Net Assets
$1,795,444
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $2
0.0%
Dividends $29,475
31.7%
Sales of Assets $39,560
42.5%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $76,696
51.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,797,016
Total Liabilities $1,572
Net Assets $1,795,444
Compensation
Key Employees and Officers Compensation Other
Namsun Song (President) $0 $0
Edward Shultz (Vice President/Director) $0 $0
Sang Hyop Lee (Secretary) $0 $0
Tae Ung Baik (Treasurer/Director) $0 $0
Hyunae Oh (Director) $0 $0
Haemi Kwon (Director) $0 $0
+ View more people

Document Links

990-PF
Filed on July 9, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$66,458
Expenses
$162,171
Net Income
-$95,713
Net Assets
$1,852,172
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $2
0.0%
Dividends $33,714
50.7%
Sales of Assets $7,296
11.0%
Other Income $1,446
2.2%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $89,551
55.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,852,716
Total Liabilities $544
Net Assets $1,852,172

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$61,412
Expenses
$162,098
Net Income
-$100,686
Net Assets
$1,947,885
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $2
0.0%
Dividends $37,552
61.1%
Sales of Assets -$142
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $74,663
46.1%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,947,885
Total Liabilities $0
Net Assets $1,947,885
Compensation
Key Employees and Officers Compensation Other
Namsun Song (President) $0 $0
Edward Shultz (Vice President/Director) $0 $0
Sang Hyop Lee (Secretary) $0 $0
Tae Ung Baik (Treasurer/Director) $0 $0
Hyunae Oh (Director) $0 $0
Haemi Kwon (Director) $0 $0
+ View more people

Document Links

990-PF
Filed on June 15, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$73,237
Expenses
$184,180
Net Income
-$110,943
Net Assets
$2,048,571
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $2
0.0%
Dividends $37,893
51.7%
Sales of Assets $11,170
15.3%
Other Income $172
0.2%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $99,532
54.0%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,048,571
Total Liabilities $0
Net Assets $2,048,571
Compensation
Key Employees and Officers Compensation Other
Namsun Song (President) $0 $0
Edward Shultz (Vice President/Director) $0 $0
Sang Hyop Lee (Secretary) $0 $0
Tae Ung Baik (Treasurer/Director) $0 $0
Hyunae Oh (Director) $0 $0
Haemi Kwon (Director) $0 $0
+ View more people

Document Links

990-PF
Filed on Oct. 25, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$39,503
Expenses
$190,832
Net Income
-$151,329
Net Assets
$2,159,514
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $2
0.0%
Dividends $35,160
89.0%
Sales of Assets -$22,302
Other Income $2,643
6.7%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $124,863
65.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,159,514
Total Liabilities $0
Net Assets $2,159,514
Compensation
Key Employees and Officers Compensation Other
Namsun Song (President) $0 $0
Edward Shultz (Vice President/Director) $0 $0
Sang Hyop Lee (Secretary) $0 $0
Tae Ung Baik (Treasurer/Director) $0 $0
Hyunae Oh (Director) $0 $0
Haemi Kwon (Director) $0 $0
+ View more people

Document Links

990-PF
Filed on Nov. 15, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$27,873
Expenses
$145,436
Net Income
-$117,563
Net Assets
$2,310,843
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $87
0.3%
Dividends $40,361
> 100%
Sales of Assets -$36,575
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $62,910
43.3%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,311,383
Total Liabilities $540
Net Assets $2,310,843
Compensation
Key Employees and Officers Compensation Other
Namsun Song (President) $0 $0
Edward Shultz (Vice President/Director) $0 $0
Sang Hyop Lee (Secretary) $0 $0
Tae Ung Baik (Director) $0 $0
Hyunae Oh (Director) $0 $0
Haemi Kwon (Director) $0 $0
+ View more people

Document Links

990-PF
Filed on Aug. 9, 2016

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$50,534
Expenses
$146,442
Net Income
-$95,908
Net Assets
$2,428,406
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $1
0.0%
Dividends $40,938
81.0%
Sales of Assets -$14,405
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $66,540
45.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,432,640
Total Liabilities $4,234
Net Assets $2,428,406
Compensation
Key Employees and Officers Compensation Other
Namsun Song (President) $0 $0
Edward Shultz (Vice President/Director) $0 $0
Sang Hyop Lee (Secretary) $0 $0
Tae Ung Baik (Director) $0 $0
Hyunae Oh (Director) $0 $0
Haemi Kwon (Director) $0 $0
+ View more people

Document Links

990-PF
Filed on Sept. 8, 2015

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,581
Expenses
$3,777
Net Income
-$1,196
Net Assets
$2,524,314
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $0
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,541,064
Total Liabilities $16,750
Net Assets $2,524,314

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

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 information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include 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 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?

Every organization that has been recognized as tax exempt by the IRS has to file 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 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."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

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 EINs 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. Bulk PDF downloads since 2017 are available from the IRS.
  • 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.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Contact Us

About Nonprofit Explorer

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.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated