Overview
What is Asian Pacific Community Fund Of Southern California?
The Asian Pacific Community Fund of Southern California is a nonprofit organization located in Los Angeles, California. With a primary focus on serving low-income and immigrant Asian American and Pacific Islander (AAPI) communities, they offer their assistance to over 4.9 million individuals annually. Their programs and services are available in 34 AAPI languages, in addition to English and Spanish. As an AAPI-centric community fund, they believe that nonprofits that share their language, culture, and community trust are best equipped to address their needs. The fund is dedicated to cultivating philanthropists who invest in organizations that empower AAPI communities to prosper. They aim to build healthier communities, develop AAPI leaders, and strengthen their voice. In response to the evolving needs of the AAPI nonprofit sector, they have introduced new grant funding, developed an AAPI nonprofit programs matrix, and hosted capacity-building workshops. These initiatives help donors contribute effectively to local AAPI communities, addressing issues like anti-Asian hate and COVID-related services.
Official website here: www.apcf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Asian Pacific Community Fund Of Southern California has achieved a remarkable 96% rating from Charity Navigator, indicating a strong performance in accountability, finance, and leadership. With a majority of its board members being independent, the organization showcases a robust governance structure. It excels particularly in its financial metrics, maintaining a low liabilities-to-assets ratio and a high program expense ratio, which reflects an efficient use of funds toward its mission.
The organization received perfect scores in leadership and adaptability, emphasizing its strong strategic planning and effective leadership. Its commitment to transparency is evident through its comprehensive policies, such as conflict of interest and whistleblower protections. This level of oversight ensures that the organization operates with integrity and accountability, fostering trust among its stakeholders.
However, while the accountability and financial aspects are commendable, the lower weight given to culture and community may suggest room for improvement in community engagement and stakeholder participation. Overall, the nonprofit demonstrates a solid foundation of financial health and leadership effectiveness, making it a reliable choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Asian Pacific Community Fund Of Southern California legitimate?
Asian Pacific Community Fund Of Southern California is a legitimate nonprofit organization registered as a 501(c)(3) entity. Asian Pacific Community Fund Of Southern California 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: $186,770
Professional Fundraising Fees: $0
Other Salaries and Wages: $300,479
For more financial information, click here
Official website here: www.apcf.org
What is the mission statement of Asian Pacific Community Fund Of Southern California?
The Asian Pacific Community Fund of Southern California's mission is to encourage philanthropists to invest in organizations that empower under-served Asian and Pacific Islanders (API) to thrive. They aim to achieve this by fostering healthier communities, nurturing API leaders, and strengthening the API sector. The organization believes that the best way to serve these communities is through strong nonprofits that are linguistically accessible and culturally appropriate, tailored to meet the unique needs of the API population.
Official website here: www.apcf.org
What is the revenue of Asian Pacific Community Fund Of Southern California?
Asian Pacific Community Fund Of Southern California's revenue in 2023 was $5,362,962.
Official website here: www.apcf.org
Who are the executives of Asian Pacific Community Fund Of Southern California and what are their salaries?
The average compensation at Asian Pacific Community Fund Of Southern California during 2023 was $48,725. There are 10 employees at Asian Pacific Community Fund Of Southern California.
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- Compensation: $186,770
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Official website here: www.apcf.org
Where can I find the form 990 for Asian Pacific Community Fund Of Southern California?
Asian Pacific Community Fund Of Southern California's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.apcf.org
Learn more at the official website: www.apcf.org
Mission Statement of Asian Pacific Community Fund Of Southern California
The Asian Pacific Community Fund of Southern California is committed to fostering philanthropists who invest in organizations that empower under-served Asian and Pacific Islanders (API) to thrive. They achieve this mission by focusing on three key areas: building healthier communities, developing API leaders, and strengthening the API sector. The fund believes that the API communities are best served by strong nonprofits that are culturally appropriate and linguistically accessible, enabling them to meet the unique needs of their communities effectively. By supporting these organizations, the Asian Pacific Community Fund of Southern California aims to empower APIs to prosper and contribute positively to their communities.
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Impact
July, 2024
Asian Pacific Community Fund Of Southern California's impact is profound. By cultivating philanthropists to invest in organizations that empower under-served Asian and Pacific Islanders, they are making a tangible difference in the lives of over 4.9 million people annually in Los Angeles and Orange Counties. Their programs and services, offered in 34 AAPI languages as well as English and Spanish, are providing crucial support to primarily low-income immigrant AAPIs. Additionally, by creating new grant funding, developing AAPI programs matrices, and hosting community events, they are actively addressing the evolving needs of the AAPI sector and mobilizing resources where they are most needed. Through their initiatives, they are building healthier communities, developing AAPI leaders, and amplifying the voices of the AAPI community, ultimately creating a stronger and more resilient community for all.
This information is meant to be a general summary of Asian Pacific Community Fund Of Southern California. 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 2023.
- Investment Income: $641,052
- Program Service Revenue: $864,903
- Gross Receipts: $13,576,904
Assets and Liabilities:
- Total Assets: $24,401,425
- Total Liabilities: $136,630
- Net Assets: $24,264,795
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FISCAL PROJECT REVENUE
Revenue
$860,003
ADMINSTRATION FEES
Revenue
$4,900
Organization Details
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