Pacific Asia Travel Association C/o Womble Bond Dickinson

Nonprofit profile at a glance

EIN
941244384
IRS 990 coverage
2014–2024
Forms available
Form 990 2024
Location
San Francisco, CA, USA
Phone
4152910330
Rating
60
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$2,248,641
Expenses
$2,108,628
Assets
$1,419,500
Liabilities
$949,347

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

Leadership & pay

38 people listed

Executive titles in this filing

  • NOOR AHMAD HAMID (CHIEF EXECUTIVE OFFICER)

Highest reported compensation

  • PAIROJ KIATTHUNSAMAI (CFO): $147,582 total reported compensation
  • NOOR AHMAD HAMID (CHIEF EXECUTIVE OFFICER): $146,899 total reported compensation

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

Overview

Mission

The mission of pacific asia travel association is to enhance, encourage and assist in the development of the travel and tourism industry throughout the pacific asia area.

What it reported doing in 2024

Pata annual summit 2024 (pas 2024): macao 15-17 may 2024: the pata annual summit is travel conference. It will serve as a nexus for dialogue, collaboration, and action, propelling the industry towards a future defined by resilience, inclusivity, and sustainable development.the extensive program, comprised of plenary sessions, breakout sessions, the pata executive board and board meetings, and annual general meeting, will provide a platform for pata's public and private sector members, partners, and pata chapters and youths from around the world to discuss the challenges, issues and opportunities facing the industry as it looks towards the responsible and sustainable growth, value, and quality of tourism in the region.pata travel mart 2024 (ptm 2024): thailand 27-29 august 2024: ptm is international travel trade exhibition featuring unparalleled networking and contracting opportunities to help travel and tourism organizations access decision-makers, meet new clients, expand their networks, establish new relationships and consolidate existing business partnerships.pata destination marketing forum 2024 (pdmf 2024): thailand 12-14 november 2024: the pata destination marketing forum proposes to help secondary and tertiary destinations responsibly grow and develop into widely recognized tourism attractions. The format is collaborative and informative, delivered through a two-day program focusing on leveraging rich cultural heritage, innovative destination marketing strategies, and tourism's transformational power.

Operating model

Revenue model
Earned-program. 98% of the money available for current operations came from fees and other program revenue.
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 - Most voting board members are independent. The filing reports few safeguards for money sent abroad and the filing does not identify recipients for some grant dollars.

Rating breakdown

  • Financial Efficiency: 58
  • Transparency & Controls: 53
  • Accountability: 95
  • Sustainability: 37
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 63.1%; rating input score 63
  • Program expense ratio: 67.7%; rating input score 68
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: Scored; rating input score 0
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 6.2%; rating input score 54; 54th percentile among comparable filings
  • Total-asset coverage ratio: 0.67; rating input score 25; 25th percentile among comparable filings
  • Liabilities to assets ratio: 0.67; rating input score 14; 14th percentile among comparable filings
  • Officer compensation ratio: 14%; rating input score 20; 20th percentile among comparable filings

Growth

  • Program expense growth: -3.2% per year; rating input score 0; 7th percentile among comparable filings
  • Revenue growth: -2.8% per year; rating input score 0; 5th percentile among comparable filings
  • Asset growth: -0.8% per year; rating input score 0; 10th percentile among comparable filings

Details

  • Where the money goes: 63.1% of revenue deployed · 67.7% of spending went to programs
  • Governance: 36 of 36 board members independent · 8 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $1.4M in reported program spending
  • Leadership: top reported pay $148K · 38 people listed
  • Highest-paid contractors: 1 contractor listed · $168K reported
  • Consistency: 22 of 22 current checks pass
  • Schedules: 5 filed schedules · includes foreign activity
  • Filing history: 10 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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 — Transparency & Controls: Foreign activity oversight scored 0/100.
  • High — Transparency & Controls: Grant itemization coverage scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 25/100.
  • Review — Sustainability: Operating margin scored 54/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Accountability: Governance controls: Whistleblower policy not reported.
  • High — Sustainability: Liabilities to assets ratio scored 14/100.
  • High — Sustainability: Officer compensation ratio scored 20/100.