Overview
What is Asia Developmental Services Inc?
Asia Developmental Services Inc is a nonprofit organization situated in Wilmington, Delaware, specifically at 1209 Orange Street. Their primary mission is to enhance the well-being of disadvantaged children globally, employing various strategies to achieve this goal. They facilitate local organizations by organizing workshops and events, enabling them to offer training to their partners. This nonprofit is committed to promoting the welfare of needy individuals, with a particular focus on children, through diverse means to enhance their overall living conditions.
Official website here: www.asiadevelopmentalservices.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66%, Two-Star out of Four Star Rating
Asia Developmental Services Inc has received a 66% rating from Charity Navigator, which translates to a Two-Star rating. This rating reflects some strengths in financial accountability and transparency, notably a high program expense ratio of 97.86%, indicating that most funds are directed towards program services rather than administrative costs. The organization also scores well in several governance practices, such as listing conflict of interest and whistleblower policies, which enhance its operational integrity.
However, the organization has significant weaknesses, particularly in board independence, with 0% of members being independent. Additionally, the financial health of the organization is concerning, indicated by a liabilities to assets ratio of 209.92%. This high ratio suggests that the nonprofit may have financial sustainability challenges. Furthermore, the absence of the tax form on the nonprofit's website could hinder transparency and accessibility of key financial information to stakeholders.
Overall, while Asia Developmental Services Inc demonstrates a commitment to directing its resources effectively towards its mission, the lack of an independent board and financial liabilities raise questions about its long-term sustainability and governance practices. Potential donors and stakeholders might consider these factors when evaluating the organization's overall effectiveness and reliability.
This AI summary has been generated from information found on Charity Navigator.
Is Asia Developmental Services Inc legitimate?
Asia Developmental Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Asia Developmental Services 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: $0
For more financial information, click here
Official website here: www.asiadevelopmentalservices.org
What is the mission statement of Asia Developmental Services Inc?
Asia Developmental Services Inc's mission is centered around enhancing the well-being of underprivileged individuals, with a particular focus on children globally. They aim to accomplish this objective through various means, with the ultimate goal of improving their overall conditions. The organization also facilitates local organizations by conducting workshops and events, enabling them to provide training to local partners. This approach enables these organizations to effectively address the needs of their communities. In essence, Asia Developmental Services Inc strives to make a positive impact on the lives of needy people around the world, particularly children.
Official website here: www.asiadevelopmentalservices.org
Who is the CEO of Asia Developmental Services Inc?
Unavailable The CEO's salary of Asia Developmental Services Inc is $0 and their total compensation is $0.
Official website here: www.asiadevelopmentalservices.org
What is the revenue of Asia Developmental Services Inc?
Asia Developmental Services Inc's revenue in 2023 was $1,057,000.
Official website here: www.asiadevelopmentalservices.org
Who are the executives of Asia Developmental Services Inc and what are their salaries?
Here are 3 key members and their salaries (Asia Developmental Services Inc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $257,939
- Other: $26,730
- Compensation: $0
- Related: $149,803
- Other: $11,700
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.asiadevelopmentalservices.org
Where can I find the form 990 for Asia Developmental Services Inc?
Asia Developmental Services Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.asiadevelopmentalservices.org
Learn more at the official website: www.asiadevelopmentalservices.org
Mission Statement of Asia Developmental Services Inc
Asia Developmental Services Inc, a nonprofit organization, is committed to enhancing the welfare of children in need across the globe. Their mission is to uplift the living conditions of needy individuals, with a particular focus on children, utilizing various approaches that prove beneficial to their overall well-being. To accomplish this goal, Asia Developmental Services Inc facilitates workshops and other events to empower local organizations, enabling them to provide training to their local partners. This collaborative approach aims to multiply the impact of their efforts in improving the lives of children in need worldwide.
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Impact
October, 2024
Asia Developmental Services Inc has made a significant impact by championing the welfare of children in need across the globe. Through enabling local organizations to deliver training and resources to community partners, it equips them to better serve vulnerable populations. The organization's workshops and events foster collaboration and the sharing of best practices, empowering communities to address the unique challenges faced by children and families in need.
By focusing on improving the general condition of disadvantaged individuals, particularly children, Asia Developmental Services Inc contributes to sustainable development and long-term positive change. The emphasis on local partnerships ensures that solutions are culturally relevant and tailored to the specific needs of each community, enhancing effectiveness and fostering a sense of ownership among local stakeholders. Overall, the organization plays a crucial role in promoting well-being and resilience among some of the world's most vulnerable populations.
This information is meant to be a general summary of Asia Developmental Services 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Gross Receipts: $1,057,000
Assets and Liabilities:
- Total Assets: $85,855
- Total Liabilities: $180,232
- Net Assets: -$94,377
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Organization Details
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