Welcome : The Diaspora Global Initiative
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The Diaspora
Global Initiative

  • Where We Work
  • Cameroon
  • The Diaspora World Cup operates in some of the major cities and metro areas in United States and Canada. Our network of register players includes 20 cities, 200 countries, 400 teams, and 10,000 players. Join our movement to solve the world's most pressing challenges: Illiteracy
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  • Education is a basic Human Right and the Diaspora World Cup global school program focuses its energy in some the poorest countries around the world. We build schools in some of the poorest countries around the worldthat historically had no adequate school structure. Any member of the World Diaspora has the power to end illiteracy around the world through the power of soccer.
  • High-profile sport figures, global leaders, business leaders, political figure, journalists, activists, philanthropists, actors, and entrepreneurs united by their commitment to the Diaspora World Cup mission to eradicate illiteracy around the world through the power of soccer. They serve as role models and spread the Diaspora World Cup vision and commitment of a world mobilized through soccer.
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ASM Finances

Operating Revenues

Operating Revenue 2021

ASM operating revenue, which excludes investment return, is earned across numerous revenue-producing activities. Excluding grants, ASM largest source of revenue in 2021 was journal subscription sales, followed by journal article fees, membership dues, meeting registration fees and meeting exhibitor fees. Grant revenue, which is derived from federal and non-federal sources, varies from year to year and has averaged approximately $8,500,000 per year since 2013. The relative percentage of each revenue stream to total operating revenue for ASM most recent fiscal year is noted above.

Operating Expenses

ASM expenses are allocated among the various programmatic areas during the preparation of the annual budget, which is approved by the Finance Committee and the Board of Directors. ASM operating expenses for the most recent fiscal year are noted below. Operating expenses exclude investment and interest expense.
 

Net Assets

As of December 31, 2021, ASM unrestricted net assets were approximately $122,900,000.
 
Financial Reports
Audited Financial Statements
ASM financial statements are audited by an independent audit firm at the conclusion of each fiscal year. These audits include procedures performed in accordance with Government Auditing Standardsin years when ASM expenditures of federal awards exceed certain thresholds. ASM financial statements include the accounts of ASM Resources, Inc., ASM wholly-owned for-profit subsidiary.
IRS 990 Filings
The IRS Form 990 is the annual federal information return filed by all charitable corporations that are exempt from income tax. As a 501(c)(3) organization, ASM is required to file a Form 990. In addition to Form 990, ASM is required to file form 990T to report any unrelated business income. Information in these returns is presented in accordance with IRS regulations, which in some cases are at variance with generally accepted accounting principles.
ASM Finances
Established in 1899, incorporated on March 25, 1974, and reincorporated on Feb. 27, 1991, under the laws of the District of Columbia, ASM mission is to promote and advance the microbial sciences. ASM is exempt from federal income tax as an organization, which is not a private foundation described in Section 501(c)(3) of the Internal Revenue Code. Taxes are paid on net income earned from sources unrelated to ASM exempt purpose. ASM operates on a Dec. 31 fiscal year.
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