Overview
What is Aspect Foundation Inc?
Aspect Foundation Inc, based in San Francisco, California, serves as an exchange visitor sponsor, positioning foreign exchange students with American families and schools. Established with the mission to foster international goodwill, cross-cultural understanding, and promote peace, the foundation's activities are centered around educational and cultural exchange. With a dedicated workforce of twelve individuals, Aspect Foundation Inc plays a significant role in promoting global unity and understanding through its exchange programs.
Official website here: www.aspectfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Aspect Foundation Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. The overall score is based entirely on their accountability and finance metrics, showcasing their dedication to transparency and responsible management of resources.
The foundation demonstrates outstanding governance practices, with a fully independent board and rigorous oversight of financial statements. They maintain no material diversion of assets and boast a solid program expense ratio of over 75%, indicating that a significant portion of their expenditures directly supports their mission rather than administrative costs.
However, while the financial health appears robust, the summary lacks qualitative insights into the foundation's programs or impact on the community served. Potential donors may want to seek additional information regarding the effectiveness and reach of the foundation's initiatives beyond its financial metrics.
This AI summary has been generated from information found on Charity Navigator.
Is Aspect Foundation Inc legitimate?
Aspect Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aspect Foundation 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: $839,968
For more financial information, click here
Official website here: www.aspectfoundation.org
What is the mission statement of Aspect Foundation Inc?
The Aspect Foundation Inc's mission is centered around fostering international goodwill and promoting cross-cultural understanding. They aim to contribute to a peaceful future by facilitating educational and cultural exchanges. This is accomplished by serving as an exchange visitor sponsor, placing foreign exchange students with American families and schools. This initiative allows for a mutual learning experience, fostering understanding and appreciation of diverse cultures.
Official website here: www.aspectfoundation.org
Who is the CEO of Aspect Foundation Inc?
Vivian Fearen is the Ceo of Aspect Foundation Inc. The CEO's salary of Aspect Foundation Inc is $161,952 and their total compensation is $161,952.
Official website here: www.aspectfoundation.org
What is the revenue of Aspect Foundation Inc?
Aspect Foundation Inc's revenue in 2022 was $2,872,592.
Official website here: www.aspectfoundation.org
Who are the executives of Aspect Foundation Inc and what are their salaries?
The average compensation at Aspect Foundation Inc during 2022 was $69,997. There are 12 employees and 100 volunteers at Aspect Foundation Inc.
Here are 6 key members and their salaries (Aspect Foundation Inc's CEO's salary is $161,952 and their total compensation is $161,952):
- Compensation: $161,952
- Related: $0
- Other: $0
- Compensation: $104,201
- Related: $0
- Other: $0
- Compensation: $83,371
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.aspectfoundation.org
Where can I find the form 990 for Aspect Foundation Inc?
Aspect Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aspectfoundation.org
Learn more at the official website: www.aspectfoundation.org
Mission Statement of Aspect Foundation Inc
Aspect Foundation Inc, a renowned organization, is committed to fostering international goodwill and promoting cross-cultural understanding. Their mission is to contribute to a peaceful future by facilitating educational and cultural exchanges. The foundation achieves this by acting as an exchange visitor sponsor, placing foreign exchange students with families and schools in the United States. This initiative allows for a unique blend of cultures, fostering mutual respect and understanding, thereby paving the way for a harmonious global society.
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Impact
July, 2024
Aspect Foundation Inc's impact is felt through its efforts to build international goodwill, promote cross-cultural understanding, and contribute to a peaceful future through educational and cultural exchange programs. By placing foreign exchange students with American families and schools, the foundation facilitates meaningful interactions and fosters a spirit of global cooperation. Based in San Francisco, California, Aspect Foundation works tirelessly to bridge cultural divides and create transformative experiences for individuals from around the world. Their commitment to international exchange embodies the values of diversity, collaboration, and mutual respect, making a positive impact on individuals, communities, and society as a whole.
This information is meant to be a general summary of Aspect Foundation 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: $6,002
- Program Service Revenue: $2,144,030
- Gross Receipts: $2,872,592
Assets and Liabilities:
- Total Assets: $5,874,359
- Total Liabilities: $515,891
- Net Assets: $5,358,468
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HSY INCOME
Revenue
$2,048,630
OUTBOUND PROGRAM INCOME
Revenue
$95,400
Organization Details
Founding Year
1985
Phone
(415) 228-8050Principal Officer
Vivian Fearen
Main Address
870 MARKET ST SUITE 409, SAN FRANCISCO, CA, 94102
Website
www.aspectfoundation.orgNTEE Category
Code: Q20 - International
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