Overview
What is Francis Xavier Foundation?
The Francis Xavier Foundation is a nonprofit organization that offers financial aid to the Roman Catholic Diocese of Komtum in Vietnam. Their primary mission is to support education and provide financial assistance to the less fortunate individuals within the diocese. By offering financial aid, the foundation seeks to improve the lives of the poor and needy in the region. The organization's activities are focused on this mission, ensuring that education and financial assistance are readily available to those who require it.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three-Star out of Four Stars
The Francis Xavier Foundation has received a solid Three-Star rating from Charity Navigator, reflecting a high level of accountability and financial health. The charity's overall score is based entirely on its Accountability & Finance metrics, where it excelled, achieving an impressive score of 87. This rating is significant as it indicates that the organization is managing its resources responsibly and maintaining transparency in financial operations.
Among the foundation's strengths, it boasts a fully independent board, with 100% of its members being independent, and a low liabilities to assets ratio, indicating strong financial stability. The organization also demonstrates a robust commitment to ethical practices, evidenced by its well-documented policies on conflict of interest and document retention. Furthermore, an outstanding program expense ratio of 98.40% shows that a substantial majority of its funds are directed towards its charitable programs.
However, while the foundation has demonstrated excellent governance and financial management, potential donors should consider that the rating is solely based on financial metrics. Therefore, further exploration into the foundation's program effectiveness and impact may be warranted for a comprehensive understanding of its overall performance in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Francis Xavier Foundation legitimate?
Francis Xavier Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Francis Xavier Foundation 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
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What is the mission statement of Francis Xavier Foundation?
The Francis Xavier Foundation's mission is centered around providing financial aid. Specifically, it supports the Roman Catholic Diocese of Komtum in Vietnam, utilizing the funds for educational programs and financial assistance for the less fortunate individuals within the community. The primary goal is to contribute to the betterment of these individuals' lives, ensuring they have access to essential education and financial support. The foundation's activities are geared towards making a positive impact on the local community, aiming to uplift and empower the underprivileged population.
Who is the CEO of Francis Xavier Foundation?
Binh Pham is the President Director of Francis Xavier Foundation.
What is the revenue of Francis Xavier Foundation?
Francis Xavier Foundation's revenue in 2023 was $45,278.
Who are the executives of Francis Xavier Foundation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Francis Xavier Foundation?
Francis Xavier Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Francis Xavier Foundation
The Francis Xavier Foundation, a nonprofit organization, is dedicated to providing financial aid to the Roman Catholic Diocese of Komtum in Vietnam. Their primary mission is to support educational initiatives and offer financial assistance to the underprivileged and needy individuals within the diocese. By providing financial support, the Francis Xavier Foundation plays a crucial role in uplifting the lives of those in need, contributing to the overall well-being of the community in Vietnam.
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Impact
August, 2024
The Francis Xavier Foundation's impact lies in providing financial support to the Roman Catholic Diocese of Kontum, Vietnam, specifically for the purpose of education and financial assistance to the poor and needy. Through this support, the foundation helps improve the lives of those in need and contributes to the betterment of the community.
This information is meant to be a general summary of Francis Xavier Foundation. 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: $45,278
Assets and Liabilities:
- Total Assets: $5,114
- Total Liabilities: $0
- Net Assets: $5,114
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Organization Details
Founding Year
2010
Principal Officer
Binh Pham
Main Address
8951 MCCLURE AVENUE, WESTMINSTER, CA, 92683
NTEE Category
Code: T90 - Philanthropy
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