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Asset Network for Educationworldwide Inc

EIN 20-3884159 · San Marino, CA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak38 out of 100GovernanceFair53 out of 100Impact evidenceDescribes programsHow well its results are evidenced

Points to look into

  • It reported loans to or from officers, directors or other insiders.
  • It owes more than it owns.

These come from the organization's own tax return. There may be a good explanation; ask the charity.

What it says it does

TO SUPPORT HEALTHY GROWTH BY CONNECTING SURPLUS ITEMS TO GROUPS AND COMMUNITIES IN NEED. SERVES CHARITABLE ORGANIZATIONS, PUBLIC AGENCIES AND COMMUNITIES BY PROVIDING SURPLUS FURNITURE, EQUIPMENT, ARCHITECTURAL MATERIALS AND BUILDING ASSETS THROUGH STRATEGIC IMPLEMENTATION OF REUSE, RESALE, REPURPOSING, RECYCLING, AND NET EFFECT METRICS.

Income
$1.8 million
Spending
$1.8 million
Spent on programs
92%
Reserves
-0.1 months of spending
Largest source of income
fees for its services, 80%
Employees
3
Volunteers
5
Highest pay
$109,365, founder/president

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 38 out of 100. Higher than 5% of charities in its peer group (environment, $1m to $10m).

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    0 of 20

    It owes 104% of what it owns.

  • Living within its means

    8 of 15

    Spending exceeded income by 5% of income.

  • Income trend

    15 of 15

    Income rose 38% on the year before.

  • Spending floor

    15 of 15

    92% of spending went to programs and raising each dollar of donations cost 20 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 53 out of 100. Higher than 5% of charities in its peer group (environment, $1m to $10m).

  • Independent board

    18 of 25

    3 of 4 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    0 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    0 of 10

    Reports at least one of: diversion of assets, excess benefits, loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $1.7 million spent. ANEW SUPPORTS ENVIRONMENTAL SUSTAINABILITY BY SERVING CHARITABLE ORGANIZATIONS, PUBLIC AGENCIES AND COMMUNITIES IN NEED WITH USEABLE OBSOLETE OR SURPLUS FURNITURE, FIXTURES, EQUIPMENT, SUPPLIES, ARCHITECTURAL MATERIALS AND BUILDING ASSETS THAT ARE DONATED TO ANEW AND BY MATCHING OF SURPLUS RECEIVED FROM PRIVATE AND PUBLIC COMPANIES AND ORGANIZATIONS, AND GOVERNMENT AGENCY DONORS TO DONEES WITH THE SUPPORT OF OTHERS THROUGH COLLECTION (INCLUDING DISMANTLING AND REMOVAL) AND REDISTRIBUTION SERVICES. ANEW HELPS COMMUNITIES WHO HAVE AND THOSE WHO NEED SURPLUS ITEMS BY CONNECTING EACH AND REPURPOSING SURPLUS FURNITURE, FIXTURES, EQUIPMENT AND ARCHITECTURAL MATERIALS. ANEW PROVIDES LIQUIDATION ALTERNATIVES FOR SURPLUS MATERIALS, DONATING THEM TO UNDERSERVED, CHARITABLE NON-PROFIT ORGANIZATIONS AND PUBLIC AGENCIES. THE ORGANIZATION REPURPOSES QUALITY SURPLUS FURNITURE, FIXTURES, EQUIPMENT AND ARCHITECTURAL MATERIALS FOR THE BENEFIT OF NONPROFIT CHARITABLE ORGANIZATIONS AND PUBLIC AGENCIES IN NEED ACROSS THE UNITED STATES. THIS HELPS TO ADVANCE THE MISSION OF THESE ORGANIZATIONS BY REDUCING THEIR CAPITAL EXPENDITURES FOR OFFICE FURNITURE AND INTERIOR IMPROVEMENTS, THUS INCREASING FUNDS BUDGETED FOR PROGRAM SERVICES. ANEW FURTHER PROVIDES EDUCATION, PROGRAMS AND SERVICES (INCLUDING REPORTING OF SOCIAL AND ENVIRONMENT METRICS) TO ENABLE ITS DONORS TO TAKE SOCIAL AND ENVIRONMENTAL RESPONSIBILITY THROUGH RESOURCE RECOVERY, EXTENDING THE LIFE CYCLE OF SURPLUS, AND DIVERSION OF WASTE FROM LANDFILL THROUGH THE STRATEGIC APPLICATION AND IMPLEMENTATION OF SUSTAINABLE PRACTICES INCLUDING REPURPOSING, REUSE, RESALE, RECYCLING AND RECOVERY OF ENERGY-FROM-WASTE. ANEW WORKED AND CONSULTED WITH EXEMPT ENTITIES TO HELP ESTABLISH AND TEACH SUSTAINABLE PRACTICES AND CREATE POLICIES AND PROCEDURES TO TRACK AND REPORT THE USE OF WASTE. THE ENTITIES ENGAGED ANEW TO HELP DECOMMISSION BUILDINGS AND WAREHOUSES AND SET A FRAMEWORK SO THAT THE ENTITIES WERE ABLE TO BE SELF SUFFICIENT IN THE FUTURE.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since January 2007.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.