Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 84-1553945

ASIAN HOPE

Tax-exempt · FOREST, VA 24551

Financials

$7.8M$7.3M2024
Revenue Expenses · by fiscal year end
Financials of ASIAN HOPE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
July 31, 2025990$7,808,413$7,257,624$550,789$5,978,511$2,195,851$3,782,660
Financial details: 990 for the year ended July 31, 2025

Revenue

Contributions, gifts and grants
$862,839
Program service revenue
$6,871,759
Investment income
$73,815
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$106,667
Other salaries and wages
$4,226,012
Salaries, compensation and benefits (total)
$4,568,758
Professional fundraising fees
$2,060
Accounting fees
$10,620
Occupancy
$826,435
Travel
$81,756
Depreciation
$190,422
Program services (functional)
$6,948,305
Management and general (functional)
$183,657
Fundraising (functional)
$125,662

Balance sheet and other

Total assets, start of year
$5,636,210
Total assets, end of year
$5,978,511
Total liabilities, end of year
$2,195,851
Net assets, end of year
$3,782,660
Land, buildings and equipment
$2,666,412
Net assets without donor restrictions
$3,782,660
Gross receipts
$7,808,413
Employees
35
Year formed
2001
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 July 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
SCOTT STONEBREAKERBOARD MEMBER
Trustee or director
1$0
SCOTT WOLFBOARD MEMBER
Trustee or director
1$0
TIM HOYBOARD MEMBER
Trustee or director
1$0
MARY DUTIOTBOARD MEMBER
Trustee or director
1$0
JON SCHUBERTCHAIRMAN
Trustee or director, Officer
2$0
DAVID A DOLANTREASURER
Trustee or director, Officer
1$0
PAUL TESIPRESIDENT & CEO
Key employee
20$0

Address and contacts

Address (IRS master file)
316 BROOK PARK PL STE A1, FOREST, VA 24551-2766
In care of
% DAVID A DOLAN
Signed the 990
DAVID A DOLAN, TREASURER
Phone
(434) 942-0287
Return prepared by
DOLAN GROUP LLC

Mission

BY ALTERING THE FUTURE OF VULNERABLE CHILDREN IN CAMBODIA THROUGH LIFE CHANGING PROGRAMS OF CHRISTIAN EDUCATION AND COMMUNITY DEVELOPMENT, ASIAN HOPE IS CREATING A GENERATION OF COMPASSIONATE, EQUIPPED, CHRISTIAN LEADERS.

990 for the year ended July 31, 2025

Program accomplishments

  • VILLAGE DEVELOPMENT PROGRAM & OUTREACH - EDUCATIONAL OPPORTUNITIES AND LIFE ESSENTIALS ARE PROVIDED TO IMPOVERISHED CHILDREN IN FOUR CAMBODIAN COMMUNITIES. ASIAN HOPE SCHOOLS - TWO PRIVATE INTERNATIONAL CHRISTIAN SCHOOLS ARE OPERATED IN PHNOM PENH, CAMBODIA. THESE SCHOOLS SERVE A WIDE VARIETY OF CHILDREN AND THE CURRICULUM IS DESIGNED TO EQUIP STUDENTS TO BE SPIRITUALLY MATURE, ACADEMICALLY SOUND, AND SOCIALLY RESPONSIBLE. HIGHER EDUCATION AND LEADERSHIP PREPARATION (HELP) - THE HELP PROGRAM IS DEDICATED TO SEEING A NEW GENERATION OF HIGHLY EDUCATED CHRISTIANS TAKING THEIR PLACE IN CAMBODIAN SOCIETY AND WORKPLACES. THIS IS ACCOMPLISHED THROUGH POST-SECONDARY EDUCATION OPPORTUNITIES AND A TEACHER TRAINING PROGRAM.
    Expenses $6,948,305

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 July, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025July 31, 2026December 15, 2026Not due yet
2024July 31, 2025December 15, 2025990 on file
2023July 31, 2024December 16, 2024990 on file

IRS record

EIN
84-1553945
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
2001
Accounting year ends
July
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,978,511
Income (IRS master file)
$7,808,413

Filing history

FormYear endedRevenueExpensesAssetsReturn
990July 2025–––IRS
990July 2024–––IRS
990July 2023$6,719,542$6,449,528$3,484,328IRS
990July 2022$5,903,328$5,462,109$3,158,313IRS
990July 2021–––IRS
990July 2020–––IRS
990July 2019–––IRS
990July 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about ASIAN HOPE

What is the EIN of ASIAN HOPE?
The employer identification number (EIN) of ASIAN HOPE is 84-1553945.
Is ASIAN HOPE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
Are donations to ASIAN HOPE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ASIAN HOPE 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 ASIAN HOPE due?
The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ASIAN HOPE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended July 2025.
Who are the officers and directors of ASIAN HOPE?
The 990 for the year ended July 31, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does ASIAN HOPE have?
On its 990 for the year ended July 31, 2025 it reported revenue of $7,808,413, expenses of $7,257,624 and total assets of $5,978,511 at year end.

Other nonprofits in FOREST

All nonprofits in FOREST · Virginia · Philanthropy, voluntarism and grantmaking foundations