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Formosan Asso For Public Affairs Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 112615291 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is Formosan Asso For Public Affairs Inc?

Formosan Asso for Public Affairs Inc. is a nonprofit organization situated in Washington, D.C. With a team of five dedicated individuals, their primary mission involves fostering engagement among second-generation Taiwanese Americans. They achieve this goal by recruiting youth and coordinating their activities. The organization's objectives encompass educating Taiwanese Americans about cherished American values, promoting interpersonal relationships between the U.S. and Taiwan, and encouraging grassroots participation of Taiwanese Americans in the American cultural process. By doing so, Formosan Asso for Public Affairs Inc. aims to bridge the cultural gap and foster a stronger bond between the two nations.


Official website here: www.fapa.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97%, Four-Star out of Four Star rating.

The Formosan Association for Public Affairs Inc has achieved a remarkable score of 97%, indicating high performance in accountability and finance metrics. This score reflects a robust commitment to transparency, demonstrated through its independent board membership and adherence to financial best practices. The organization has a solid program expense ratio of 75.37%, suggesting that a significant portion of its resources is directed towards its mission-driven activities.

Strengths of the organization include having a fully independent board with 11 members, which enhances governance and decision-making processes. All required policies, such as conflict of interest and whistleblower policies, are in place and up to date. Additionally, their financial health appears stable, with a low liabilities to assets ratio of 1.20%, indicating good fiscal management.

While the data does not highlight specific programmatic impacts or community feedback, the strong financial oversight and effective governance practices position the organization favorably for potential donors and supporters. Overall, the Formosan Association for Public Affairs Inc stands out as a well-managed nonprofit focused on accountability and transparency.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Formosan Asso For Public Affairs Inc?

94% of 82 reviewers on Facebook recommend Formosan Association For Public Affairs Inc. Here is a summary of their reviews:

Many supporters express a strong enthusiasm for the nonprofit's mission related to Taiwanese independence. The sentiments conveyed highlight a shared commitment to advocacy and promote awareness of Taiwan's political aspirations.

Overall, the organization appears to resonate positively with its supporters, who feel that it effectively champions the cause of Taiwanese independence and engages its community meaningfully.


This AI summary has been generated from reviews found on Facebook.

Is Formosan Asso For Public Affairs Inc legitimate?

Formosan Asso For Public Affairs Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Formosan Asso For Public Affairs Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $219,935

For more financial information, click here


Official website here: www.fapa.org

What is the mission statement of Formosan Asso For Public Affairs Inc?

Formosan Asso for Public Affairs Inc has a mission to serve three primary objectives. Firstly, they aim to educate Taiwanese Americans about American values. Secondly, they strive to foster a stronger relationship between the United States and Taiwan through people-to-people interactions. Lastly, they motivate Taiwanese Americans to participate actively in the American mainstream cultural process at a grassroots level. To achieve these goals, they have a youth program intended to boost the involvement of second-generation Taiwanese Americans by recruiting youth and coordinating their activities.


Official website here: www.fapa.org

Who is the CEO of Formosan Asso For Public Affairs Inc?

Minze Chien is the President of Formosan Asso For Public Affairs Inc.


Official website here: www.fapa.org

What is the revenue of Formosan Asso For Public Affairs Inc?

Formosan Asso For Public Affairs Inc's revenue in 2022 was -$2,692,133.


Official website here: www.fapa.org

Who are the executives of Formosan Asso For Public Affairs Inc and what are their salaries?

The average compensation at Formosan Asso For Public Affairs Inc during 2022 was $43,987. There are 5 employees and 85 volunteers at Formosan Asso For Public Affairs Inc.


Here are 11 key members and their salaries:


Jerry C Liu (Standing Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Chien Yu Chou (Standing Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
June Lin (Standing Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henry C Lin (Standing Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chia-Chun Chung (Standing Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mei-Ling Lin (Standing Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Y Chang (Standing Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
C P Huang (Standing Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Minze Chien (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Hsu (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anny Chiao-Yun Hsiao (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fapa.org

Where can I find the form 990 for Formosan Asso For Public Affairs Inc?

Formosan Asso For Public Affairs Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fapa.org

Learn more at the official website: www.fapa.org

Mission Statement of Formosan Asso For Public Affairs Inc

Formosan Association for Public Affairs, Inc., a nonprofit organization, is dedicated to three primary objectives. Its primary mission is to educate Taiwanese Americans about cherished American values. In doing so, the organization aims to bridge the cultural gap between the United States and Taiwan. Moreover, Formosan Association for Public Affairs, Inc., strives to foster people-to-people relationships between the two nations.

Beyond education and cultural exchange, the organization also seeks to motivate Taiwanese Americans to engage in grassroots participation in America's mainstream cultural process. By encouraging second-generation Taiwanese Americans to contribute to their new homeland, Formosan Association for Public Affairs, Inc., aims to foster a sense of belonging and active citizenship within this community.

To achieve these objectives, Formosan Association for Public Affairs, Inc., has implemented a Youth Program. This initiative aims to boost the involvement of second-generation Taiwanese Americans by recruiting and coordinating their activities. By empowering young Taiwanese Americans to participate in their community, this program fosters a sense of cultural pride and promotes cross-cultural understanding.

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Impact




October, 2024

Formosan Association for Public Affairs Inc has made significant strides in enhancing the engagement and integration of Taiwanese Americans into the broader American cultural fabric. By focusing on educating Taiwanese Americans about cherished American values, the organization fosters a deeper understanding and appreciation of the principles that underpin American society.

Through its commitment to promoting people-to-people relationships between the U.S. and Taiwan, the association strengthens cultural ties and encourages dialogue. This initiative not only enriches the Taiwanese American community but also facilitates cross-cultural exchanges that benefit both societies.

A key component of their impact is the youth program, which actively recruits and engages second-generation Taiwanese Americans. By coordinating activities that resonate with younger generations, the organization empowers them to take on leadership roles and become active participants in grassroots movements. This initiative cultivates a sense of belonging and promotes civic engagement, ensuring that Taiwanese Americans contribute to and influence the mainstream cultural process.

Overall, Formosan Association for Public Affairs Inc plays a crucial role in bridging cultural divides, fostering community involvement, and empowering the next generation of Taiwanese Americans to make their voices heard.




This information is meant to be a general summary of Formosan Asso For Public Affairs Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
-$2,692,133 (2022)
Expenses
$913,113 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$3,349,337
  • Gross Receipts: $11,372,757

Assets and Liabilities:

  • Total Assets: $4,238,624
  • Total Liabilities: $50,901
  • Net Assets: $4,187,723

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Organization Details

Founding Year

1982

Principal Officer

Minze Chien

Main Address

552 7TH STREET SE, Washington, DC, 20003

NTEE Category

Code: O50Z - Youth development

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