International Chinese Statistical Association
Nonprofit profile at a glance
- EIN
- 521593512
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024
- Location
- Carmel, IN, USA
- Phone
- 9176053738
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Adult, Continuing Education
Reported finances
- Revenue
- $503,565
- Expenses
- $487,697
- Assets
- $1,750,314
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
20 people listed
Executive titles in this filing
- Xun Chen (President)
- Gang Li (Past President)
- Hongyu Zhao (President Elect)
People named in this filing
- Jialiang Li (Board of Directors)
- George Tseng (Board of Directors)
- Kun Chen (Board of Directors)
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
The mission of the organization is to promote the theory and applications of statistical disciplines, to broaden applications of statistical techniques, to promote better understanding and interest by the general public in statistical methodology and related applications.
What it reported doing in 2024
The 2024 ICSA Applied Statistics Symposium was held in Nashville, Tennessee from Sunday, June 16 to Wednesday, June 19, 2024.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 61
- Transparency & Controls: 90
- Accountability: 64
- Sustainability: 65
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 67.7%; rating input score 68
- Program expense ratio: 70.1%; rating input score 70
- 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: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 1 of 7 controls in place; rating input score 14
- 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: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 3.2%; rating input score 45; 45th percentile among comparable filings
- Total-asset coverage ratio: 3.59; rating input score 79; 79th 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: 2.4% per year; rating input score 100; 28th percentile among comparable filings
- Revenue growth: 7.2% per year; rating input score 100; 55th percentile among comparable filings
- Asset growth: 15.9% per year; rating input score 100; 74th percentile among comparable filings
Details
- Where the money goes: 67.7% of revenue deployed · 70.1% of spending went to programs
- Governance: 20 of 20 board members independent · 1 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $180K in reported program spending
- Leadership: top reported pay $0 · 20 people listed
- Consistency: 14 of 14 current checks pass
- Schedules: 5 filed schedules
- Filing history: 12 filing years from 2012 to 2024
- 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 — Accountability: Governance controls: 5 of 6 not reported.
- Moderate — Sustainability: Operating margin scored 45/100.