Nonprofit · EIN 04-3422112
PROJECTS FOR ASIA CHARITABLE FOUNDATION INC
Tax-exempt (reinstated) · CHESAPEAKE, VA 23320
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $224,129 | $214,698 | $9,431 | $16,973 | $0 | $16,973 |
| December 31, 2024 | 990 (amended) | $208,675 | $207,912 | $763 | $7,542 | $0 | $7,542 |
| December 31, 2024 | 990-EZ | $0 | – | – | $0 | – | $6,965 |
| December 31, 2023 | 990-EZ | $136,674 | $148,102 | -$11,428 | $6,965 | – | $6,965 |
| December 31, 2022 | 990 | $250,825 | $256,310 | -$5,485 | $2,085 | $0 | $2,085 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $224,129
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Travel
- $755
Balance sheet and other
- Total assets, start of year
- $7,542
- Total assets, end of year
- $16,973
- Total liabilities, end of year
- $0
- Net assets, end of year
- $16,973
- Net assets with donor restrictions
- $16,973
- Gross receipts
- $224,129
- Employees
- 0
- Year formed
- 1998
- State of legal domicile
- VA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| James Read | Secretary Trustee or director | 5 | $0 |
| Douglas Matthews | Treasurer Trustee or director | 5 | $0 |
| Thomas Bush | Director Officer | 40 | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| James Read | Secretary Trustee or director | 5 | $0 |
| Douglas Matthews | Treasurer Trustee or director | 5 | $0 |
| Thomas Bush | Director Officer | 40 | $0 |
990-EZ for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Thomas Bush | Director | 40 | $0 |
| James Read | Secretary | 5 | $0 |
| Douglas Matthews | Treasurer | 5 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Thomas Bush | Director | 40 | $0 |
| James Read | Secretary | 5 | $0 |
| Douglas Matthews | Treasurer | 5 | $0 |
990 for the year ended December 31, 2022: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THOMAS BUSH | DIRECTOR Trustee or director | 40 | $0 |
| DOUGLAS MATHEWS | OFFICER Officer | 5 | $0 |
| JAMES READ | OFFICER Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 732 EDEN WAY NORTH STE 119, CHESAPEAKE, VA 23320-2798
- In care of
- % JAMES L READ
- Signed the 990
- Thomas Bush, Director
- Phone
- (757) 262-7228
- Website
- www.projectsforasia.com
- Return prepared by
- On Call Accountants
Mission
Financial Support of Charitable Boarding School for Abandonded or Displaced Tribal Children in Chiang Mai Thailand
Program accomplishments
- All donated funds received are wire transfered to Projects for Asia charitable foundation Thailand
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 04-3422112
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X21)
- Assets (IRS master file)
- $16,973
- Income (IRS master file)
- $224,129
Revocation and reinstatement
- Exemption revoked
- May 15, 2012
- Posted by the IRS
- February 11, 2013
- Reinstated
- Effective May 15, 2012
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $224,129 | $214,698 | $16,973 | XML |
| 990 | December 2024 | $208,675 | $207,912 | $7,542 | XML |
| 990-EZ | December 2024 | $0 | – | $0 | XML |
| 990-EZ | December 2023 | $136,674 | $148,102 | $6,965 | XML |
| 990 | December 2022 | $250,825 | $256,310 | $2,085 | XML |
| 990 | December 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-3422112).
Questions about PROJECTS FOR ASIA CHARITABLE FOUNDATION INC
- What is the EIN of PROJECTS FOR ASIA CHARITABLE FOUNDATION INC?
- The employer identification number (EIN) of PROJECTS FOR ASIA CHARITABLE FOUNDATION INC is 04-3422112.
- Is PROJECTS FOR ASIA CHARITABLE FOUNDATION INC tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2012 and reinstated it effective May 15, 2012.
- Are donations to PROJECTS FOR ASIA CHARITABLE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PROJECTS FOR ASIA CHARITABLE FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PROJECTS FOR ASIA CHARITABLE FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PROJECTS FOR ASIA CHARITABLE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who are the officers and directors of PROJECTS FOR ASIA CHARITABLE FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does PROJECTS FOR ASIA CHARITABLE FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $224,129, expenses of $214,698 and total assets of $16,973 at year end.
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