Background: Focused risk assessment is essential in the effective management of asthma. Purpose: This study identified and examined correlations among areas of pediatric asthma risk and determined associations between these risks and demographic characteristics. Methods: This exploratory study identified risk factors that affect asthma management among pediatric asthmatics using the Child Asthma Risk Assessment Tool. Results were analyzed using descriptive frequencies and tests of correlation and association. Results: Risk assessments were completed for 155 children. The most prominent areas of risk were responsibility in medication administration (46%), caregiver well-being (35%), child wellbeing (33%), and medication adherence (28%). Correlations and associations were found among areas of risk and demographic characteristics. Discussion: As a result of the assessment, participants were able to receive tailored asthma education sessions to address asthma risks and promote effective asthma self-management. Translation to Health Education Practice: Conducting standardized asthma risk assessment offers health educators and healthcare providers valuable information to understand the relationships between various areas of risk and tailor asthma education and management activities in efforts to eliminate those risks and improve asthma health outcomes.