Factpedia Association Incorporated

Nonprofit profile at a glance

EIN
834538009
IRS 990 coverage
2024–2024
Forms available
Form 990 2024, Form 990-N 2023
Location
Arcadia, CA, USA
Phone
6262151604
Rating
41
Verdict
MIXED
Rating confidence
Moderate
Sector
Adult, Continuing Education

Reported finances

Revenue
$964,297
Expenses
$62,423
Assets
$910,614
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

2 people listed

Executive titles in this filing

  • PEILING CHIANG (CEO)

People named in this filing

  • YULIANG KUO (Secretary)
  • PEILING CHIANG (CEO)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

This is an unbiased, integrity, rigorous and fair encyclopedia based on facts. The purpose is to allow volunteers on the Internet to freely edit. Under the premise of justice, lack of self-interest, and mutual respect, we will provide the public with a truth-based platform for disclosing facts.We do not participate in political, partisan, and personal preferences. As long as there is a factual basis, you can freely edit the truth anonymously, just as we advocate the declaration: The facts are revealed and the truth is revealed.Anyone of any age, culture or social background can participate in the editing as editors as long as they agree and follow the rules of revealing the truth. As long as it is correct, we let you put on Factpedia, but we do not guarantee that everything on Factpedia is correct. The entry on Factpedia does not represent the position of this website. In order to avoid illegal, disruptive problems, this website may delete entries, content, restrict user functions and

What it reported doing in 2024

This is an unbiased, integrity, rigorous and fair encyclopedia based on facts. The purpose is to allow volunteers on the Internet to freely edit. Under the premise of justice, lack of self-interest, and mutual respect, we will provide the public with a truth-based platform for disclosing facts.We do not participate in political, partisan, and personal preferences. As long as there is a factual basis, you can freely edit the truth anonymously, just as we advocate the declaration: The facts are revealed and the truth is revealed.Anyone of any age, culture or social background can participate in the editing as editors as long as they agree and follow the rules of revealing the truth. As long as it is correct, we let you put on Factpedia, but we do not guarantee that everything on Factpedia is correct. The entry on Factpedia does not represent the position of this website. In order to avoid illegal, disruptive problems, this website may delete entries, content, restrict user functions and block users.Factpedias entries are in Chinese now, for all Chinese-speaking people in the United States and all over the world. We are trying our best to have an English version in the future. Factpedia Association INC is a non-profit organization established in Silicon Valley, USA. If you want to report violations or have any questions, please write to us at [email protected] support charitable services, art museums, educational institutions, and truth-seeking intellectuals engaged in arduous work, etc. We deliver unbiased educational encyclopedia and reveal factual content to the public.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.

Rating breakdown

  • Financial Efficiency: 21
  • Transparency & Controls: 92
  • Accountability: 0
  • Sustainability: 94
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 6.8%; rating input score 7
  • Program expense ratio: 51.1%; rating input score 51
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 5th percentile among comparable filings
  • Governance controls: 0 of 7 controls in place; rating input score 0
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 93.5%; rating input score 99; 99th percentile among comparable filings
  • Total-asset coverage ratio: 14.59; rating input score 94; 94th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 6.8% of revenue deployed · 51.1% of spending went to programs
  • Governance: 0 of 2 board members independent · 0 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $32K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 20 of 20 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 7/100.
  • High — Accountability: Independent voting board scored 0/100.
  • High — Accountability: Governance controls: 6 of 6 not reported.
  • Review — Financial Efficiency: Program expense ratio scored 51/100.