Overview
What is Impact Asia Foundation?
Impact Asia Foundation is a charitable organization, classified as a 501(c)(3), situated in Honolulu, Hawaii. Its mission is to contribute positively to Southeast Asia, specifically through the Ministries of Christian Mission to the Orient (CMO) in Thailand and SE Asia, as well as the Youth Development Foundation of Chiang Mai (YDFCM) in Thailand. Their activities primarily involve offering medical aid and participating in youth development programs, particularly in Chian Mai. The organization aims to establish long-term associations with CMO and YDFCM for managing properties and ministries in the region.
Official website here: www.impactasiafdn.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 36% (Zero-Star out of Four Stars)
Impact Asia Foundation has received a score of 36% from Charity Navigator, reflecting significant concerns regarding its accountability and financial practices. The zero-star rating indicates a lack of transparency and governance, which can raise red flags for potential donors. While the organization scores well on having a majority independent board and maintaining documentation for board meeting minutes, several critical areas, such as its conflict of interest and whistleblower policies, received the lowest possible scores.
The foundation has demonstrated some strengths in governance structure, achieving full points for its independent board size and a clean record concerning material asset diversion. However, the weaknesses are pronounced, particularly in managing financial ratios and ensuring that key policies are in place to protect stakeholders and uphold ethical standards. The failure to address conflicts of interest and lack of a whistleblower policy are particularly concerning for an organization seeking public trust.
Overall, the low rating from Charity Navigator signifies that Impact Asia Foundation has substantial improvements to make in its financial management and accountability practices. Potential donors and supporters should exercise caution and seek further information about the organization's operations and how it plans to address these deficiencies before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Impact Asia Foundation legitimate?
Impact Asia Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Impact Asia Foundation 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
Official website here: www.impactasiafdn.org
What is the mission statement of Impact Asia Foundation?
Impact Asia Foundation, as a non-profit organization, is dedicated to operating for educational and charitable purposes, adhering to Section 501(c)(3) of the Internal Revenue Code. Its primary objective is to advance the cause of Christianity in Southeast Asia, working in collaboration with the Ministries of Christian Mission to the Orient (CMO) in Thailand and SE Asia, as well as the Youth Development Foundation of Chiang Mai (YDFCM). The foundation anticipates the need to manage these ministries and properties on a long-term basis, contributing to their ongoing operations in the region.
Official website here: www.impactasiafdn.org
Who is the CEO of Impact Asia Foundation?
Kenneth Filbeck is the Director of Impact Asia Foundation.
Official website here: www.impactasiafdn.org
What is the revenue of Impact Asia Foundation?
Impact Asia Foundation's revenue in 2022 was $77,178.
Official website here: www.impactasiafdn.org
Who are the executives of Impact Asia Foundation and what are their salaries?
There 4 volunteers at Impact Asia Foundation.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.impactasiafdn.org
Where can I find the form 990 for Impact Asia Foundation?
Impact Asia Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.impactasiafdn.org
Learn more at the official website: www.impactasiafdn.org
Mission Statement of Impact Asia Foundation
Impact Asia Foundation, as a non-profit corporation, is dedicated to serving educational and charitable purposes. Aligned with Section 501 (c)(3) of the Internal Revenue Code, its primary objective is to extend its reach towards South East Asia with the aim of promoting Christianity. This mission is accomplished through its collaboration with two organizations: Christian Mission to the Orient (CMO) in Thailand and SE Asia, as well as the Youth Development Foundation of Chiang Mai (YDFCM). The foundation anticipates a long-term role in managing properties and ministries in association with these organizations, with the ultimate goal of spreading Christianity across South East Asia.
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Impact
August, 2024
Impact Asia Foundation's impact includes reaching South East Asia for Christ through ministries such as Christian Mission to the Orient (CMO) in Thailand and the Youth Development Foundation of Chiang Mai (YDFCM). The foundation organizes volunteer groups to visit Thailand, providing medical assistance and youth development programs in Chiang Mai. Their work focuses on educational and charitable purposes, aiming to make a positive difference in the lives of those in need in the region.
This information is meant to be a general summary of Impact Asia Foundation. 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: $19,353
- Gross Receipts: $77,178
Assets and Liabilities:
- Total Assets: $468,603
- Total Liabilities: $0
- Net Assets: $468,603
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Organization Details
Founding Year
2017
Phone
(808) 675-1942Principal Officer
Kenneth Filbeck
Main Address
1188 Bishop St STE 1106, Honolulu, HI, 96813
Website
www.impactasiafdn.orgNTEE Category
Code: X20 - Religion related
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