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Tsinghua Gix Institute North America

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

EIN: 821039051 ✦ Bellevue, WA ✦ Designated as a 501(c)(3)

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Overview

What is Tsinghua Gix Institute North America?

Tsinghua Gix Institute North America is a significant component of Tsinghua University's global innovation collaborations. Situated in Bellevue, Washington, the institute is an integral part of the Gix network, a groundbreaking program co-founded by the University of Washington and Tsinghua University. Led by Qiang Wan, the institute's purpose is to foster global innovation exchanges by supporting Tsinghua University's involvement in these collaborations. It serves as a hub for knowledge exchange and collaboration, contributing to the broader Gix initiative's goals.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Zero-Star out of Four Star rating

Overall score: 46%

Tsinghua Gix Institute North America has received a zero-star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scored particularly low on key metrics, with a program expense ratio of just 1 out of 25 points, suggesting a minimal allocation of funds towards its mission-driven activities. Furthermore, it received no points for having its website listed on its tax form or for posting its tax form on its website, raising transparency issues.

Despite some strengths, such as an independent board size score of 10 out of 10 and a solid liabilities to assets ratio, the lack of majority independent board members is troubling. The organization has also demonstrated weaknesses in governance practices, including receiving zero points for its whistleblower and document retention policies. These shortcomings highlight a potential risk in oversight and accountability measures.

While the organization does have a conflict of interest policy in place, the overall financial and governance practices warrant caution for potential donors or stakeholders. The significant salary of the key personnel compared to the low program expenses may also raise questions about the allocation of resources within the organization.


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

Is Tsinghua Gix Institute North America legitimate?

Tsinghua Gix Institute North America is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tsinghua Gix Institute North America submitted a form 990EZ, 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.

What is the mission statement of Tsinghua Gix Institute North America?

Tsinghua Gix Institute North America serves a crucial role in promoting global innovation exchange collaborations for Tsinghua University. As a part of the Gix network, co-founded by the University of Washington and Tsinghua University, the institute actively supports these collaborative initiatives. Located in Bellevue, WA, it operates under a mission to facilitate Tsinghua University's participation in international innovation exchanges, thereby contributing to the global innovation landscape.

Who is the CEO of Tsinghua Gix Institute North America?

Chenyang Wei is the Cfo of Tsinghua Gix Institute North America.

What is the revenue of Tsinghua Gix Institute North America?

Tsinghua Gix Institute North America's revenue in 2022 was $29,000.

Who are the executives of Tsinghua Gix Institute North America and what are their salaries?


Here are 4 key members and their salaries:


Yunhao Liu (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Rau (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Qiang Wan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chenyang Wei (Cfo)
  • Compensation: $22,182
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Tsinghua Gix Institute North America?

Tsinghua Gix Institute North America's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Tsinghua Gix Institute North America

Tsinghua Gix Institute North America, a vital component of the global innovation exchange collaboration network Gix, co-founded by the University of Washington and Tsinghua University, plays a significant role in supporting Tsinghua University's participation in international innovation exchanges. The institute's mission is to facilitate global collaborations and knowledge sharing, thereby contributing to the broader goal of innovation. Qiang Wan, its operator, oversees the institute's operations from its base in Bellevue, WA. In essence, Tsinghua Gix Institute North America acts as a bridge, enabling Tsinghua University to engage in meaningful collaborations with institutions worldwide, fostering innovation and knowledge exchange on a global scale.

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Impact




August, 2024

Tsinghua Gix Institute North America's impact is significant in fostering global innovation exchange collaborations, particularly in support of Tsinghua University's participation in such initiatives. As part of the Gix global network, this institute, led by Qiang Wan in Bellevue, WA, plays a crucial role in facilitating innovative programs that bridge the gap between various international partners. By actively engaging in these collaborations, Tsinghua Gix Institute North America contributes to the advancement of global innovation and knowledge exchange, making a notable mark on the international stage.




This information is meant to be a general summary of Tsinghua Gix Institute North America. 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
$29,000 (2022)
Expenses
$45,480 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $4,000
  • Gross Receipts: $29,000

Assets and Liabilities:

  • Total Assets: $36,776
  • Total Liabilities: $3,349
  • Net Assets: $33,427

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Organization Details

Principal Officer

Chenyang Wei

Main Address

PO BOX 3607, BELLEVUE, WA, 980093607

NTEE Category

Code: Q21 - International

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