Overview
What is Pacifichem Inc?
Pacifichem Inc is a nonprofit organization based in Washington, D.C., with a primary focus on the field of education. Their main objective is to facilitate international conferences, featuring paper presentations, panel discussions, and symposia, primarily in the areas of chemistry, chemical engineering, and biochemistry. These events aim to promote the exchange of chemical knowledge among scientists and engineers from Pacific Basin countries and other participants. By organizing these congresses, Pacifichem Inc aims to contribute to the development of industries in participating countries, address environmental concerns, and ultimately enhance the prosperity and happiness of their populations.
Official website here: www.pacifichem.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58% (One-Star out of Four Star rating)
Pacifichem Inc has received a low rating of 58% from Charity Navigator, which indicates significant room for improvement in its accountability and finance practices. The organization has a strong score in several governance areas, such as having 100% independent board members and no material diversion of assets. However, it suffers from critical gaps, notably a lack of a whistleblower policy and missing documentation for document retention and tax forms on its website.
The program expense ratio of 90.60% reflects that a large portion of its expenses are directed towards its programs, which is a positive indicator of its commitment to its mission. However, the high liabilities to assets ratio of 72.70% raises concerns about the organization's financial health and sustainability in the long run. These issues may impact donor confidence and suggest a need for better financial management and transparency.
Overall, while Pacifichem Inc demonstrates strengths in board independence and program funding, its accountability practices and financial stability require significant attention. Addressing these weaknesses could enhance its performance and rating in future assessments.
This AI summary has been generated from information found on Charity Navigator.
Is Pacifichem Inc legitimate?
Pacifichem Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pacifichem 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
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Official website here: www.pacifichem.org
What is the mission statement of Pacifichem Inc?
Pacifichem Inc's mission is centered around organizing and conducting international conferences. The primary focus of these events is to provide a platform for the presentation of recent research findings in the chemical sciences, including chemistry, chemical engineering, and biochemistry. The aim is to foster the dissemination and exchange of chemical knowledge among scientists and engineers from the Pacific Basin countries and other conference participants. This endeavor is expected to aid in the development of industries in each participating country, address environmental challenges, and contribute to the overall prosperity and happiness of the people. Pacifichem Inc also conducts panel discussions, symposia, and other programs as part of these conferences to further promote the advancement of chemical sciences.
Official website here: www.pacifichem.org
Who is the CEO of Pacifichem Inc?
Dr Yvan Guindon is the Secretary,Director of Pacifichem Inc.
Official website here: www.pacifichem.org
What is the revenue of Pacifichem Inc?
Pacifichem Inc's revenue in 2022 was $6,180.
Official website here: www.pacifichem.org
Who are the executives of Pacifichem Inc and what are their salaries?
There 4 volunteers at Pacifichem 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.pacifichem.org
Where can I find the form 990 for Pacifichem Inc?
Pacifichem Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pacifichem.org
Learn more at the official website: www.pacifichem.org
Mission Statement of Pacifichem Inc
Pacifichem Inc, a renowned organization, is committed to organizing and conducting international conferences. The primary objective of these conferences is to provide a platform for the presentation of research papers, panel discussions, and symposia in the fields of chemistry, chemical engineering, and biochemistry. By doing so, Pacifichem aims to facilitate the dissemination and exchange of chemical knowledge among scientists and engineers from Pacific Basin countries and other conference participants. This exchange of ideas is instrumental in aiding the development of industries in each participating nation, addressing environmental challenges, and contributing to the overall prosperity and happiness of their populations. In essence, Pacifichem Inc serves as a catalyst for the advancement of chemical sciences and the betterment of societies worldwide.
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Impact
August, 2024
Pacifichem Inc's impact lies in its efforts to enhance the dissemination and exchange of chemical knowledge among scientists and engineers from Pacific Basin countries and other participants. By organizing and conducting international congresses focused on presenting recent research in the chemical sciences, including chemistry, chemical engineering, and biochemistry, Pacifichem Inc plays a crucial role in fostering collaboration, sharing advancements, and addressing industry challenges in the field. This initiative ultimately contributes to the development of industries in participating countries, addresses environmental issues, and promotes overall material prosperity and well-being among the people involved.
This information is meant to be a general summary of Pacifichem 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.
- Investment Income: $6,180
- Gross Receipts: $6,180
Assets and Liabilities:
- Total Assets: $1,619,218
- Total Liabilities: $1,275,272
- Net Assets: $343,946
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Organization Details
Founding Year
2014
Phone
(202) 872-4596Principal Officer
Dr Yvan Guindon
Main Address
1155 Sixteenth Street N W, Washington, DC, 200364892
Website
www.pacifichem.orgNTEE Category
Code: U19 - Science research
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