Overview
What is Fah Yuen Benevolent Association Co Yuhuan Liu?
Fah Yuen Benevolent Association Co Yuhuan Liu is a nonprofit organization that prioritizes supporting outstanding youth through scholarships and actively engages in social service within the community. Their activities extend beyond educational aid, as they also host banquets and social functions, further contributing to community well-being through various social services.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0%
The Fah Yuen Benevolent Association Co Yuhuan Liu has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. With an overall score of just 10%, the organization lacks essential governance structures, including an independent board, as evidenced by 0% independent members on its board. This raises questions about oversight and decision-making within the organization.
Additional transparency issues are evident, as the charity has not provided necessary policies or documentation such as a conflict of interest policy and board meeting minutes. Furthermore, the lack of a publicly accessible website for key financial documents undermines trust and accountability, making it difficult for stakeholders to assess the organization's operations fully.
While there are no reported material diversions of assets, the absence of a program expense ratio and significant liabilities raises concerns about financial management. Overall, the lack of essential governance and transparency measures casts a shadow over the charity’s operations, making it difficult for potential donors and supporters to feel confident in their contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Fah Yuen Benevolent Association Co Yuhuan Liu legitimate?
Fah Yuen Benevolent Association Co Yuhuan Liu is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fah Yuen Benevolent Association Co Yuhuan Liu 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 Fah Yuen Benevolent Association Co Yuhuan Liu?
The Fah Yuen Benevolent Association provides scholarships to outstanding youth and offers social services to the community. Their mission is centered around awarding academic recognition and contributing to the betterment of the community through various social activities. The association hosts banquets and social functions, and is actively involved in community service. Their endeavors aim to uplift young individuals and contribute to the social well-being of the community at large.
Who is the CEO of Fah Yuen Benevolent Association Co Yuhuan Liu?
Yuhuan Liu is the President of Fah Yuen Benevolent Association Co Yuhuan Liu.
What is the revenue of Fah Yuen Benevolent Association Co Yuhuan Liu?
Fah Yuen Benevolent Association Co Yuhuan Liu's revenue in 2022 was $32,668.
Who are the executives of Fah Yuen Benevolent Association Co Yuhuan Liu and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Fah Yuen Benevolent Association Co Yuhuan Liu?
Fah Yuen Benevolent Association Co Yuhuan Liu's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Fah Yuen Benevolent Association Co Yuhuan Liu
Fah Yuen Benevolent Association Co Yuhuan Liu is an organization that is committed to two primary objectives: providing scholarships to outstanding youth and offering social services to the community. This nonprofit organization believes in recognizing and supporting the achievements of talented young individuals, as well as contributing to the betterment of the community as a whole.
To fulfill its mission, Fah Yuen Benevolent Association Co Yuhuan Liu hosts banquets and social functions, in addition to providing direct social services. These events serve as a platform to honor the outstanding youth who have demonstrated academic excellence and exceptional character. Meanwhile, the social service aspect of the organization focuses on addressing community needs, ensuring that everyone has access to essential support.
The scholarship program is a significant part of Fah Yuen Benevolent Association Co Yuhuan Liu's mission. By providing financial assistance to deserving youth, the organization helps to alleviate some of the financial burdens associated with higher education. This not only encourages academic pursuits but also enables these individuals to reach their full potential.
Simultaneously, Fah Yuen Benevolent Association Co Yuhuan Liu extends its reach to the community through various social service initiatives. These initiatives aim to uplift the community by addressing its needs effectively. By combining scholarship programs and social services, Fah Yuen Benevolent Association Co Yuhuan Liu is making a significant impact in the lives of young people and the wider community.
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Impact
August, 2024
Fah Yuen Benevolent Association Co Yuhuan Liu has made a significant impact by providing scholarships to outstanding youth and engaging in social service activities within the community of West Covina, CA. Through their efforts, they have supported the educational pursuits of talented young individuals and have worked towards improving the well-being of the community through various social service initiatives. Their commitment to these causes is reflected in their mission to support youth and serve the community, making a positive difference in the lives of many.
This information is meant to be a general summary of Fah Yuen Benevolent Association Co Yuhuan Liu. 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: $23,835
- Program Service Revenue: $8,135
- Gross Receipts: $32,668
Assets and Liabilities:
- Total Assets: $625,281
- Total Liabilities: $0
- Net Assets: $625,281
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DONATIONS
Revenue
$8,135
Organization Details
Founding Year
1980
Phone
(626) 429-3572Principal Officer
Yuhuan Liu
Main Address
205 N WILLOW AVENUE, WEST COVINA, CA, 91790
NTEE Category
Code: Z99 - Unknown
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