Overview
What is The Philippine American Association Of The Treasure Coast?
The Philippine American Association of the Treasure Coast is a dedicated nonprofit organization with charitable and educational objectives. Their primary focus is to support deserving Filipino and Filipino-American individuals by providing educational funding. Furthermore, they are committed to preserving Filipino-American history and culture. Their activities extend beyond financial aid, as they also strive to promote and celebrate Filipino heritage. Their mission is a testament to their dedication, with a commitment to both educational advancement and cultural preservation.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33% (Zero-Star out of Four Star Rating)
The Philippine American Association of the Treasure Coast has received a low rating of 33% from Charity Navigator, which indicates significant concerns regarding its accountability and financial practices. The rating is primarily based on a single beacon score that reflects shortcomings in several key areas, including the absence of policies for conflict of interest, whistleblower protections, and document retention. Although the organization scores well for having a majority of independent board members and no material diversion of assets, its overall low score highlights potential governance issues that could affect donor confidence.
User reviews from Great Nonprofits present a more positive perspective, particularly from individuals who have benefited from the association's scholarship program. One review details a personal success story of a scholar who received financial support that significantly impacted her education and family’s financial situation. This reviewer expresses heartfelt gratitude, crediting the association with helping her achieve her academic goals and improve her family's circumstances, showcasing the positive impact the organization has had on its beneficiaries.
Despite the positive testimonials, the association's financial transparency and governance practices need to be addressed to enhance overall trust and operational effectiveness. The lack of essential policies and the low program expense ratio (45.98%) compared to administrative costs may hinder future support from potential donors. Addressing these issues could help the organization improve its rating and continue to make a meaningful difference in the community.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is The Philippine American Association Of The Treasure Coast legitimate?
The Philippine American Association Of The Treasure Coast is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Philippine American Association Of The Treasure Coast 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.
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What is the mission statement of The Philippine American Association Of The Treasure Coast?
The Philippine American Association of the Treasure Coast operates with a mission focused on charitable and educational purposes. One of its primary objectives is to fund educational scholarships for deserving Filipino and Filipino-American individuals. Additionally, the association is committed to preserving the history and culture of the Filipino-American community. To accomplish these goals, they promote educational initiatives and work towards the conservation of Filipino-American heritage.
Who is the CEO of The Philippine American Association Of The Treasure Coast?
Maria Frias is the President of The Philippine American Association Of The Treasure Coast.
What is the revenue of The Philippine American Association Of The Treasure Coast?
The Philippine American Association Of The Treasure Coast's revenue in 2022 was $26,979.
Who are the executives of The Philippine American Association Of The Treasure Coast and what are their salaries?
There 13 volunteers at The Philippine American Association Of The Treasure Coast.
Here are 19 key members and their salaries:
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Where can I find the form 990 for The Philippine American Association Of The Treasure Coast?
The Philippine American Association Of The Treasure Coast's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Philippine American Association Of The Treasure Coast
The Philippine American Association of the Treasure Coast is an organization dedicated to serving a dual purpose. Its primary mission is centered around charitable and educational endeavors. This nonprofit seeks to support deserving individuals of Philippine and Philippine-American heritage by providing educational funding. Beyond this, the association is committed to preserving the rich history and culture of the Philippine-American community. By fostering education and scholarship opportunities, and championing the preservation of Philippine-American heritage, the association aims to contribute positively to its community and promote a sense of unity and pride among its members.
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Impact
August, 2024
The Philippine American Association Of The Treasure Coast's impact can be seen in its dedicated efforts to promote educational and scholarship funding for deserving Filipino and Filipino-American individuals. By providing support for education, the organization is helping individuals access opportunities for personal and professional growth. Additionally, through its focus on preserving Filipino-American history and culture, the association plays a vital role in maintaining and celebrating the rich heritage of the community. Through these initiatives, the organization fosters a sense of pride and connection among Filipino and Filipino-American individuals in the Treasure Coast area.
This information is meant to be a general summary of The Philippine American Association Of The Treasure Coast. 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.
- Gross Receipts: $26,979
Assets and Liabilities:
- Total Assets: $29,663
- Total Liabilities: $0
- Net Assets: $29,663
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Organization Details
Founding Year
2001
Phone
(772) 486-4574Principal Officer
Maria Frias
Main Address
PO BOX 13266, FORT PIERCE, FL, 34979
NTEE Category
Code: T00 - Philanthropy
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