Overview
What is Handa Foundation Inc?
Handa Foundation Inc, based in Plano, Texas, is a charitable organization dedicated to enhancing the lives of underprivileged individuals in Southeast Asia. The foundation's primary focus is on establishing and managing sustainable not-for-profit educational institutions and medical facilities. In particular, it supports a medical center and a trauma hospital in Battambang, a province in northwest Cambodia. These facilities offer general health care and advanced trauma care to over 25,000 patients annually. By providing these vital services, Handa Foundation Inc aims to contribute to the well-being of the local community and improve their overall health and quality of life.
Official website here: www.thehandafoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Handa Foundation Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. With an overall score derived entirely from its accountability beacon, the foundation demonstrates thorough oversight and transparency in its financial dealings, which is crucial for building trust among donors and stakeholders.
Strengths of the organization include a fully independent board, with 100% of its members meeting independence criteria. Additionally, the foundation scores perfect marks in areas such as its audit and oversight committee, conflict of interest policy, and material diversion of assets, indicating robust governance and ethical practices. A noteworthy aspect is its impressive program expense ratio of 100%, suggesting that all of its expenditures are directed towards its charitable programs.
While the charity exhibits significant strengths in financial management and transparency, the summary does not detail any specific areas for improvement, which may imply that the organization currently operates at a high level of efficiency and effectiveness. Overall, the Handa Foundation Inc appears to be a responsible and impactful nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Handa Foundation Inc legitimate?
Handa Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Handa Foundation 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: $153,446
Professional Fundraising Fees: $0
Other Salaries and Wages: $613,786
For more financial information, click here
Official website here: www.thehandafoundation.org
What is the mission statement of Handa Foundation Inc?
The Handa Foundation's mission is centered around establishing and managing sustainable not-for-profit educational institutions and medical facilities in Southeast Asia. The primary objective of this foundation is to cater to the needs of underprivileged individuals in the region. Through its efforts, it has provided support to a medical center and a trauma hospital, offering general health care and advanced trauma care services to over 25,000 patients annually. The foundation's activities aim to improve the overall health and well-being of those in need.
Official website here: www.thehandafoundation.org
Who is the CEO of Handa Foundation Inc?
Kevin Obrien is the Director of Handa Foundation Inc.
Official website here: www.thehandafoundation.org
What is the revenue of Handa Foundation Inc?
Handa Foundation Inc's revenue in 2022 was $1,664,777.
Official website here: www.thehandafoundation.org
Who are the executives of Handa Foundation Inc and what are their salaries?
There 85 volunteers at Handa Foundation Inc.
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
Official website here: www.thehandafoundation.org
Where can I find the form 990 for Handa Foundation Inc?
Handa Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thehandafoundation.org
Learn more at the official website: www.thehandafoundation.org
Mission Statement of Handa Foundation Inc
The Handa Foundation, a not-for-profit organization, is dedicated to establishing and managing sustainable educational institutions and medical facilities in Southeast Asia, specifically aimed at benefiting the underprivileged. The mission of this foundation is twofold: it seeks to establish new institutions and provide support to existing ones, all with the objective of enhancing access to quality education and healthcare services for those in need. By doing so, The Handa Foundation aims to make a significant impact in the lives of many individuals in this region.
In practice, the foundation has shown its commitment to this mission by providing support to a medical center and a trauma hospital in Battambang, a province in Northwest Cambodia. These facilities offer general health care and advanced trauma care services to over 25,000 patients each year. By providing these essential services, The Handa Foundation is making a tangible difference in the lives of countless individuals, ensuring they have access to the healthcare they require, regardless of their financial circumstances. In this way, The Handa Foundation is working towards improving the well-being of the underprivileged in Southeast Asia, one patient, one student, at a time.
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Impact
July, 2024
The impact of Handa Foundation Inc is significant, as it operates sustainable not-for-profit educational institutions and medical facilities in Southeast Asia, specifically in Battambang, a province in Northwest Cambodia. The foundation supports a medical center and a trauma hospital that provide general health care and advanced trauma care to over 25,000 patients annually. This support is crucial in improving the health and well-being of the underprivileged population in the region.
This information is meant to be a general summary of Handa Foundation 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 2022.
- Program Service Revenue: $1,608,777
- Gross Receipts: $1,664,777
Assets and Liabilities:
- Total Assets: $507,795
- Total Liabilities: $121,141
- Net Assets: $386,654
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Donations provided by patients
Revenue
$1,608,777
Organization Details
Founding Year
2012
Phone
(561) 866-8833Principal Officer
Kevin Obrien
Main Address
4009 CLOUDCREST DR, PLANO, TX, 75074
Website
www.thehandafoundation.orgNTEE Category
Code: Q30 - International
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