Taiwan-America Friendship Association

Nonprofit profile at a glance

EIN
825437976
IRS 990-EZ coverage
2022–2023
Forms available
Form 990-EZ 2023
Location
Stilwell, KS, USA
Rating
88
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$4,025
Expenses
$4,264
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

3 people listed

People named in this filing

  • VIVIAN SWAFFORD (EVENT DIRECTOR VOLUNTEER)
  • GARY BJORGE (ASSISTANT VOLUNTEER)
  • BETTY RITCHIE (ASSISTANT VOLUNTEER)

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

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the Taiwan-America Friendship Association has made to advance the understanding between the peoples both of Taiwan and the America by promoting cultural educational social and friendship exchanges. Our helpers including myself whom were all dedications volunteers to the event not only to donating our time work and money; or anything whatever needs from the event. The purpose was simply to promoting the further understanding between the peoples both of Taiwan and the America. The goal was essential to accomplishing the educational enjoyable meaningful and successful event. Almost every year the Balance Statement has deficit but we were happy comfortable capable to cover a few hundred dollars difference of each year of the event. Therefore 2023 total revenue were: $4025 and total expenses $4264,

What it reported doing in 2023

The mission of the Taiwan-America Friendship Association has made to advance the understanding between the peoples both of Taiwan and the America by promoting cultural educational social and friendship exchanges. Our helpers including myself whom were all dedications volunteers to the event not only to donating our time work and money; or anything whatever needs from the event. The purpose was simply to promoting the further understanding between the peoples both of Taiwan and the America. The goal was essential to accomplishing the educational enjoyable meaningful and successful event. Almost every year the Balance Statement has deficit but we were happy comfortable capable to cover a few hundred dollars difference of each year of the event. Therefore 2023 total revenue were: $4025 and total expenses $4264,

Operating model

Revenue model
Other-operating. 100% of the money available for current operations came from other operating 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 25
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -5.9%; rating input score 37; 37th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 7.2% per year; rating input score 100; 67th percentile among comparable filings
  • Revenue growth: 14.2% per year; rating input score 100; 85th percentile among comparable filings
  • Asset growth: Limited

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $4K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2022 to 2023
  • Contacts: How to reach this organization
  • 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.

  • Moderate — Sustainability: Operating margin scored 37/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.