Overview
What is China Aids Fund Inc?
China Aids Fund Inc is a nonprofit organization located in New York City, specifically at 53 Elizabeth Street, New York, NY 10013. Their primary mission is to combat the spread of HIV/AIDS in China by enlisting the support of the Chinese American community. In addition to this, they aim to enhance the lives of economically, medically, and socially disadvantaged children in China and foster leadership among young individuals of Chinese descent. The organization currently has a small team of one employee dedicated to accomplishing these goals.
Official website here: www.chinaaidsfund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
China Aids Fund Inc has achieved an impressive overall score of 97%, reflecting its strong commitment to accountability and financial health. The organization scored a perfect 100% in several key areas, including having a fully independent board of directors and a solid record of no material diversion of assets. The charity's transparency is further evidenced by its comprehensive policies regarding conflicts of interest and whistleblower protections.
An important aspect of its financial operations is the program expense ratio, which stands at 69.92%. This indicates that a significant portion of its expenditures is directed toward its mission-related activities, suggesting effective use of resources. Additionally, the organization maintains a low liabilities-to-assets ratio of 1.04%, demonstrating strong financial stability.
While China Aids Fund Inc performs exceptionally well in terms of accountability, it is essential for potential donors to consider the broader context of its programs and impact in the community when making giving decisions. Overall, the charity's strong governance and financial practices position it as a trustworthy organization within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is China Aids Fund Inc legitimate?
China Aids Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. China Aids Fund 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: $13,894
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,080
For more financial information, click here
Official website here: www.chinaaidsfund.org
What is the mission statement of China Aids Fund Inc?
The mission of China Aids Fund Inc. is aimed at combating the spread of HIV/AIDS within China, utilizing the support of the Chinese American community as a crucial resource. Additionally, the organization seeks to enhance the lives of economically, medically, and socially disadvantaged children in China. Furthermore, China Aids Fund Inc. strives to cultivate leadership and heritage among the youth of Chinese descent.
Official website here: www.chinaaidsfund.org
What is the revenue of China Aids Fund Inc?
China Aids Fund Inc's revenue in 2023 was -$119,009.
Official website here: www.chinaaidsfund.org
Who are the executives of China Aids Fund Inc and what are their salaries?
The average compensation at China Aids Fund Inc during 2023 was $11,987. There are 2 employees and 20 volunteers at China Aids Fund Inc.
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Official website here: www.chinaaidsfund.org
Where can I find the form 990 for China Aids Fund Inc?
China Aids Fund Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.chinaaidsfund.org
Learn more at the official website: www.chinaaidsfund.org
Mission Statement of China Aids Fund Inc
China Aids Fund, an organization dedicated to making a positive impact, aims to combat the spread of HIV/AIDS within China. They achieve this by harnessing the support of the Chinese American community. Beyond this, the fund is committed to improving the quality of life for medically, economically, and socially disadvantaged children in China. Furthermore, China Aids Fund strives to foster heritage and leadership among the youth of Chinese descent. This multifaceted mission reflects their dedication to addressing critical health issues and uplifting the next generation of Chinese leaders.
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Impact
August, 2024
China Aids Fund Inc's impact is significant in combating the spread of HIV/AIDS in China by leveraging the support of the Chinese American community. Additionally, the organization is dedicated to improving the lives of medically, economically, and socially deprived children in China. They also work towards cultivating heritage and leadership among youth of Chinese descent. Through their mission, China Aids Fund Inc is making a positive difference in the fight against HIV/AIDS and in uplifting disadvantaged communities in China.
This information is meant to be a general summary of China Aids Fund 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.
- Investment Income: $8,096
- Gross Receipts: $531,718
Assets and Liabilities:
- Total Assets: $460,875
- Total Liabilities: $4,800
- Net Assets: $456,075
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Organization Details
Founding Year
2002
Principal Officer
Vincent Wang D O
Website
www.chinaaidsfund.orgNTEE Category
Code: H81 - Medical research
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