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International Contingency And Development Fund

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 522038190 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is International Contingency And Development Fund?

The International Contingency and Development Fund is a nonprofit organization, specifically established to maintain the financial stability of YFU's organizations and contribute to the international community. Based in Washington D.C., their mission is centered around ensuring the fiscal viability of YFU's organizations, thereby securing their continued operations and impact. By doing so, they support the overall well-being of the international community connected to YFU.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating suggests that the International Contingency And Development Fund has room for improvement in its accountability and financial management practices. While the organization has a good program expense ratio of 72.06%, indicating a significant portion of its expenses goes toward programs, there are several policies that are either missing or not documented.

The organization boasts a strong independent board, with 84% of its members being independent, which reflects positively on its governance structure. Additionally, there are no reported material diversions of assets, and the organization documents board meeting minutes, demonstrating a commitment to transparency. The low liabilities to assets ratio of 20.62% indicates a stable financial position.

However, the absence of key governance policies, such as a conflict of interest policy, whistleblower policy, and document retention and destruction policy, raises concerns about the organization's overall accountability. Furthermore, the lack of tax forms posted on the nonprofit's website may hinder transparency for potential donors and stakeholders. Overall, while the organization demonstrates some strengths, addressing these limitations could enhance its credibility and effectiveness.


This AI summary has been generated from information found on Charity Navigator.

Is International Contingency And Development Fund legitimate?

International Contingency And Development Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. International Contingency And Development Fund 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

What is the mission statement of International Contingency And Development Fund?

The International Contingency And Development Fund's mission is centered around ensuring the financial stability of YFU's organizations and the international community. In simpler terms, its primary objective is to maintain the fiscal viability of YFU's global operations. This mission is crucial for the continued existence and success of YFU's organizations, ultimately benefiting the larger international community.

What is the revenue of International Contingency And Development Fund?

International Contingency And Development Fund's revenue in 2023 was $165,419.

Who are the executives of International Contingency And Development Fund and what are their salaries?

There 11 volunteers at International Contingency And Development Fund.

Here are 13 key members and their salaries:


Simon Born (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joanne Halbardier (Secretary)
  • Compensation: $0
  • Related: $67,651
  • Other: $4,204
Gregory Matheson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Knut Moeller (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrice Birot (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Johannes Strijdom (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Dant (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luis Pardo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ieva Dirvonskaite (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Fe Lazarte (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana Hua Lee (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elina Talonen-Lintunen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandy Arbelaez (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for International Contingency And Development Fund?

International Contingency And Development Fund's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of International Contingency And Development Fund

The International Contingency And Development Fund, in its mission, focuses on ensuring the financial stability of YFU's organizations and the international community at large. This nonprofit organization works diligently to maintain the fiscal viability of Youth For Understanding (YFU) and its global network, thereby contributing to the long-term sustainability of the international community associated with YFU.

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Impact




October, 2024

The International Contingency And Development Fund plays a critical role in ensuring the fiscal viability of YFU's organizations and the broader international community. By providing necessary financial support, the Fund enables these organizations to operate effectively and respond to challenges that may threaten their sustainability. This financial backing fosters resilience and adaptability among member organizations, enhancing their capacity to implement programs and initiatives that promote international understanding and educational opportunities.

Through its efforts, the Fund not only safeguards the operational integrity of YFU but also strengthens the international network of communities engaged in youth education and cultural exchange. By facilitating collaboration and resource sharing, it helps create a robust ecosystem that benefits participants worldwide. Overall, the Fund's impact is vital in supporting the ongoing mission of fostering global interconnectedness and enriching the experiences of young people through international exchanges.




This information is meant to be a general summary of International Contingency And Development Fund. 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.

Revenue
$165,419 (2023)
Expenses
$153,574 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,689
  • Gross Receipts: $165,419

Assets and Liabilities:

  • Total Assets: $1,827,616
  • Total Liabilities: $265,931
  • Net Assets: $1,561,685

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Organization Details

Founding Year

1996

Principal Officer

Joanne Halbardier

NTEE Category

Code: Q22I - International

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