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Institute Of Asian Culture & Development

Iacd

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

EIN: 954612128 ✦ Fullerton, CA ✦ Designated as a 501(c)(3)

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Overview

What is Institute Of Asian Culture & Development?

The Institute of Asian Culture & Development (IACD) is a nonprofit organization based in Fullerton, California, specifically at 1945 W Commonwealth Avenue Unit J. Their primary focus is to support Christian missionaries working in underdeveloped Asian countries and Muslim countries of the old USSR. They undertake a Foreign Operation Project, which involves training young Asian-American missionaries and sending them to Asian countries for temporary missions. These missionaries engage in various community works, such as providing medical services, combating computer illiteracy, supporting women's ministries, and partnering with local ministries for discipleship. Overall, IACD's mission is to financially and spiritually support Christian missionaries serving in underdeveloped Asian countries.

What are the reviews and ratings of this charity?

Charity Navigator Rating 67% - Two-Star out of Four Star rating

The Institute Of Asian Culture & Development has received a Two-Star rating from Charity Navigator, reflecting a score of 67%. This rating is determined entirely by the organization's Accountability & Finance practices. While the nonprofit excels in areas such as having a fully independent board and no material diversion of assets, it has significant shortcomings in financial transparency and governance policies.

Key strengths include a strong program expense ratio, indicating that all of its expenditures are dedicated to its programs. Additionally, the board consists entirely of independent members, which contributes positively to governance. However, the organization lacks critical financial documentation on its website, including financial statements and tax forms, and is missing essential policies regarding conflicts of interest, whistleblower protections, and document retention.

These deficiencies in transparency and governance policies highlight areas for improvement, suggesting that while the organization is committed to its mission, it could benefit from enhancing its accountability practices to build greater trust with donors and stakeholders.


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

Is Institute Of Asian Culture & Development legitimate?

Institute Of Asian Culture & Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute Of Asian Culture & Development 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 Institute Of Asian Culture & Development?

The Institute of Asian Culture & Development's mission is focused on supporting Christian missionaries serving in underdeveloped Asian countries, both financially and spiritually. Their mission involves providing assistance to missionaries working in underdeveloped Asian countries, as well as Muslim countries of the former USSR. They also have a foreign operation project aimed at training young Asian-American missionaries and sending them to Asian countries for short-term teaching and community work. The community outreach works include medical services, combating computer illiteracy, women's ministry, partnerships in ministry, and discipleship.

Who is the CEO of Institute Of Asian Culture & Development?

Bryon Macdonald is the President of Institute Of Asian Culture & Development.

What is the revenue of Institute Of Asian Culture & Development?

Institute Of Asian Culture & Development's revenue in 2022 was $3,218,238.

Who are the executives of Institute Of Asian Culture & Development and what are their salaries?

There 300 volunteers at Institute Of Asian Culture & Development.


Here are 3 key members and their salaries:


Bryon Macdonald (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mi Lee (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kwan Soo Park (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Institute Of Asian Culture & Development?

Institute Of Asian Culture & Development's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Institute Of Asian Culture & Development

The Institute of Asian Culture & Development, a notable nonprofit organization, is dedicated to supporting Christian missionaries who serve in underdeveloped Asian countries, both financially and spiritually. This mission is crucial as it aids missionaries in their work in these regions, providing them with the necessary resources to spread their faith and contribute to the betterment of these communities.

In addition to supporting missionaries, the Institute also engages in a Foreign Operation Project. This project focuses on training young Asian-American missionaries, preparing them for short-term missions to Asian countries. Their role involves teaching Bible studies and providing community work services, such as medical services, combating computer illiteracy, and conducting women's ministries. Furthermore, the Institute fosters partnerships with local ministries and plays a significant role in discipleship, helping these missionaries grow in their faith and effectively serve the communities they are sent to.

In summary, the Institute of Asian Culture & Development is a pivotal organization that supports Christian missionaries in underdeveloped Asian countries, providing them with the resources they need to thrive. Through its Foreign Operation Project, the Institute also trains young Asian-American missionaries and provides them with opportunities to serve in these communities, contributing to their spiritual growth and the betterment of the communities they serve.

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Impact




July, 2024

The Institute Of Asian Culture & Development has a significant impact on supporting Christian missionaries serving in underdeveloped Asian countries both financially and spiritually. By providing assistance to these missionaries, the institute plays a crucial role in spreading the message of Christianity in regions that may not have easy access to such resources. Additionally, their foreign operation projects, which involve training young Asian-American missionaries and sending them to teach the Bible and engage in community work in Asian countries, contribute to the overall mission of the organization. Through activities like medical services, combating computer illiteracy, women's ministry, partnership of ministry, and discipleship, the institute makes a tangible difference in the lives of those in need.




This information is meant to be a general summary of Institute Of Asian Culture & Development. 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
$3,218,238 (2022)
Expenses
$3,244,732 (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: $3,143,701
  • Gross Receipts: $3,218,238

Assets and Liabilities:

  • Total Assets: $913,136
  • Total Liabilities: $0
  • Net Assets: $913,136

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MISSIONARY SUPPORT

Revenue

$2,821,489

BackToJesus CENTER

Revenue

$66,037

CONFERENCE REVENUE

Revenue

$256,175

Organization Details

Founding Year

1996

Principal Officer

Bryon Macdonald

Main Address

1945 W COMMONWEALTH AVENUE UNIT J, FULLERTON, CA, 92833

NTEE Category

Code: X200 - Religion related

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