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Asian Pacific Childrens Fund

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

EIN: 208035578 ✦ Durango, CO ✦ Designated as a 501(c)(3)

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Overview

What is Asian Pacific Childrens Fund?

The Asian Pacific Children's Fund is a nonprofit organization based in Durango, Colorado, with a specific focus on assisting orphanages in the Philippines, Indonesia, and Southern India. Their primary mission is to provide support in the fields of education and medical services to these institutions. By doing so, they aim to improve the lives of the children residing in these orphanages, ensuring they receive necessary care and opportunities for learning.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, Overall Score: 69%)

The Asian Pacific Children's Fund has received a two-star rating from Charity Navigator, indicating that it needs improvement in several areas related to accountability and finance. While the organization boasts an impressive program expense ratio of 98.61%, showing a strong commitment to its mission, it faces significant challenges with transparency. The absence of financial statements, board meeting minutes, and a missing website listed on its tax form points to a lack of essential documentation.

Despite having a strong governance structure with 77% independent board members, the organization lacks critical policies such as a whistleblower policy and document retention guidelines. These issues can affect stakeholder trust and confidence in the organization’s operations. The fund has also demonstrated fiscal responsibility with a low liabilities to assets ratio of 0.18%, indicating solid financial health.

Overall, while the Asian Pacific Children's Fund shows strength in its program expenditure and governance, it must address its transparency and compliance shortcomings to improve its rating and foster greater trust among donors and the community.


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

Is Asian Pacific Childrens Fund legitimate?

Asian Pacific Childrens Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Asian Pacific Childrens Fund 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: $0

For more financial information, click here

What is the mission statement of Asian Pacific Childrens Fund?

The Asian Pacific Children's Fund is dedicated to assisting orphanages in the Philippines, Indonesia, and Southern India. Their primary focus is on providing support in the sectors of education and medical services. Their mission is to enhance the lives of the children residing in these orphanages, striving to ensure they receive a quality education and necessary medical care. By doing so, they aim to contribute positively to their overall development and well-being.

Who is the CEO of Asian Pacific Childrens Fund?

Donald Mcalvany is the President of Asian Pacific Childrens Fund.

What is the revenue of Asian Pacific Childrens Fund?

Asian Pacific Childrens Fund's revenue in 2022 was $522,848.

Who are the executives of Asian Pacific Childrens Fund and what are their salaries?


Here are 9 key members and their salaries:


Donald Mcalvany (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Hunn (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Mcalvany (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tory Aggeler (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edwin Westbrook (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Suess Jr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Rhyne (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Dobesh (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Molly Mcalvany (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Asian Pacific Childrens Fund?

Asian Pacific Childrens Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Asian Pacific Childrens Fund

The Asian Pacific Children's Fund is committed to providing support to orphanages in the Philippines, Indonesia, and Southern India, with a primary focus on enhancing their educational and medical services. This nonprofit organization strives to make a significant impact in these areas, ensuring that the children in these orphanages have access to quality education and essential medical care. By offering its support, the Asian Pacific Children's Fund aims to improve the lives of these children and contribute to their overall well-being and development.

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Impact




July, 2024

Asian Pacific Children's Fund's impact is profound in the lives of orphaned children in the Philippines, Indonesia, and Southern India. By providing support in the areas of education and medical services, the organization plays a crucial role in improving the well-being and future prospects of these vulnerable young individuals. Through their dedicated efforts, Asian Pacific Children's Fund is creating opportunities for a better tomorrow for these children, empowering them to break the cycle of poverty and adversity. Their work not only transforms individual lives but also contributes to the overall development and progress of the communities they serve.




This information is meant to be a general summary of Asian Pacific Childrens Fund. 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
$522,848 (2022)
Expenses
$496,237 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$99,612
  • Gross Receipts: $522,848

Assets and Liabilities:

  • Total Assets: $873,460
  • Total Liabilities: $1,658
  • Net Assets: $871,802

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Organization Details

Principal Officer

Donald Mcalvany

Main Address

166 Turner Drive, Durango, CO, 81303

NTEE Category

Code: Q30 - International

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