Is Foundation For The Asian Pacificamerican Chamber Of Commerce Inc Legit?
Quick charity verification for Foundation For The Asian Pacificamerican Chamber Of Commerce Inc (EIN: 204956912)
Verdict: Foundation For The Asian Pacificamerican Chamber Of Commerce Inc appears trustworthy
70/100Mission Score
$3KRevenue
$261Assets
3Red Flags
3Strengths
Red Flags
Consistently low and often zero revenue, indicating potential instability or very limited operational capacity.
Minimal assets ($261 latest, often $0) suggesting no financial reserves or capital for growth.
Lack of detailed expense breakdown in provided data makes full financial analysis challenging.
Strengths
Consistent 0% officer compensation, indicating a volunteer-driven model and efficient use of funds for administrative salaries.
Long filing history (14 filings) suggests continued operation despite minimal resources.
Low liabilities (often $0) indicating the organization is not accumulating debt.
Spending Breakdown
How Foundation For The Asian Pacificamerican Chamber Of Commerce Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
20%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Foundation For The Asian Pacificamerican Chamber Of Commerce Inc
Is Foundation For The Asian Pacificamerican Chamber Of Commerce Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Foundation For The Asian Pacificamerican Chamber Of Commerce Inc (EIN: 204956912) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
Is Foundation For The Asian Pacificamerican Chamber Of Commerce Inc a good charity to donate to?
Foundation For The Asian Pacificamerican Chamber Of Commerce Inc has a Mission Score of 70/100. Revenue: $3K. Assets: $261. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Foundation For The Asian Pacificamerican Chamber Of Commerce Inc?
The Employer Identification Number (EIN) for Foundation For The Asian Pacificamerican Chamber Of Commerce Inc is 204956912. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Foundation For The Asian Pacificamerican Chamber Of Commerce Inc spend its money?
Foundation For The Asian Pacificamerican Chamber Of Commerce Inc allocates 80% to programs, 20% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Foundation For The Asian Pacificamerican Chamber Of Commerce Inc's tax-exempt status?
You can verify Foundation For The Asian Pacificamerican Chamber Of Commerce Inc's tax-exempt status using EIN 204956912 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Foundation For The Asian Pacificamerican Chamber Of Commerce Inc appears to be a very small organization with minimal financial activity, as indicated by its latest reported revenue of $2,852 and assets of $261. Over its filing history, revenue and expenses have consistently been low, often in the range of $0 to $20,000 annually. The organization frequently reports zero assets and liabilities, suggesting a cash-basis operation with little to no retained capital. The consistent reporting of 0% officer compensation across all available filings indicates a volunteer-led structure, which is a positive sign for minimizing administrative overhead. However, the lack of detailed expense breakdowns in the provided data makes it difficult to fully assess spending efficiency beyond the absence of executive pay. The organization's financial health appears stable given its small scale, but its impact is likely limited by its very modest resources.