US-China Transpacific Foundation
Nonprofit profile at a glance
- EIN
- 474845840
- IRS 990 coverage
- 2019–2024
- Forms available
- Form 990 2024, Form 990-N 2018
- Location
- Las Vegas, NV, USA
- Phone
- 7027961773
- Rating
- 39
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- International Cultural Exchange
Reported finances
- Revenue
- $20,000
- Expenses
- $36,784
- Assets
- $17,101
- Liabilities
- $803,469
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- Sigmund Rogich (President)
People named in this filing
- Sigmund Rogich (President)
- Jiawen Gavin Chen (Secretary/Treasurer)
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 US-China Transpacific Foundation (UCTPF) strives to promote the mutual interests of both the United States and China through political, cultural and educational exchanges as well as economic and trade forums designed to promote productive partnerships between businesses from the two nations. In essence, the aim of the UCTPF is to raise public and corporate awareness of the importance of the US-China relationshiop, increase communication across many sectors, and foster closer relationships between the US and China.
What it reported doing in 2024
US-China Transpacific Foundation and the Chinese People's Institute of Foreign Affairs Cohost "US-China Eminent Persons Forum" Track II Exchange."US-China Eminent Persons Forum" was cohosted by the Chinese People's Institute of Foreign Affairs and the US-China Transpacific Foundation at the Diaoyutai State Guesthouse in Beijing, China.Ex-politicians from both nations had an indepth exchange of views on promoting the development of China-US relations, enhancing strategic mutual trust, reviving economic and trade cooperation as well as international and regional issues of common concern.
Operating model
- Revenue model
- Donor-supported. 100% 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.
The verdict
REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 3
- Transparency & Controls: 92
- Accountability: 47
- Sustainability: 23
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 4%; rating input score 4
- Program expense ratio: 2.2%; rating input score 2
- 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: 50%; rating input score 50; 20th percentile among comparable filings
- Governance controls: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -83.9%; rating input score 23; 23rd percentile among comparable filings
- Total-asset coverage ratio: 0.46; rating input score 16; 16th percentile among comparable filings
- Liabilities to assets ratio: 46.98; rating input score 0; 0th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: -25.2% per year; rating input score 0; 14th percentile among comparable filings
- Revenue growth: -33.3% per year; rating input score 0; 12th percentile among comparable filings
- Asset growth: -23.7% per year; rating input score 0; 6th percentile among comparable filings
Details
- Where the money goes: 4% of revenue deployed · 2.2% of spending went to programs
- Governance: 1 of 2 board members independent · 3 of 7 filing controls reported
- Programs: 2 filed program accomplishments · $805 in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 18 of 18 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 5 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 4/100.
- High — Financial Efficiency: Program expense ratio scored 2/100.
- Review — Accountability: Independent voting board scored 50/100.
- Moderate — Accountability: Governance controls: 3 of 6 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 23/100.
- High — Sustainability: Total-asset coverage ratio scored 16/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 0/100.