Taiwan Mission Foundation Inc
- Assets
- $1.8m
- Revenue
- $124.7k
- Investments
- $1.7m
- Employees
- 0
- Location
- Bayside, NY
- Founding
- 10/2007
- Data as of
- 12/2021
- EIN
- 20-8935478
Organization Overview
Taiwan Mission Foundation Inc is located in Bayside, NY. The organization was established in 2007. According to its NTEE Classification (P84) the organization is classified as: Ethnic & Immigrant Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Taiwan Mission Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Taiwan Mission Foundation Inc generated $124.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $41.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE AND SUPPORT CHARITABLE OUTREACH PROGRAMS TO TAIWANESE COMMUNITIES IN TAIWAN AND THROUGHOUT THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOCAL CLERGY - SUPPORT OF VOLUNTEERS LEADING CHARITABLE OUTREACH PROGRAMS TO THE TAIWANESE COMMUNITY IN TAIWAN AND THE UNITED STATES.
STUDENT & LOCAL CHARITY - TO PROVIDE SUPPORT PROGRAMS TO TAIWANESE STUDENTS IN THE US AND CHARITABLE PROGRAMS TO THE UNDERPRIVILEGED COMMUNITY IN TAIWAN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eileen Chang President | OfficerTrustee | 10 | $0 |
Morgan Chang Treasurer | OfficerTrustee | 5 | $0 |
David Peng Secretary | OfficerTrustee | 5 | $0 |
Moses Chiung Hao Wu Director | Trustee | 1 | $0 |
James Chung Director | Trustee | 1 | $0 |
Kuang-Yu Liao Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $57,926 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $57,926 |
| Total Program Service Revenue | $0 |
| Investment income | $44,708 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $22,051 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $124,685 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,300 |
| Grants and other assistance to domestic individuals. | $7,850 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,885 |
| Fees for services: Other | $700 |
| Advertising and promotion | $2,910 |
| Office expenses | $4,997 |
| Information technology | $882 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $290 |
| Total functional expenses | $41,014 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $61,561 |
| Savings and temporary cash investments | $54,920 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,654,749 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,771,230 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,771,230 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,771,230 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Taiwan Mission Foundation Inc has recieved totaling $128.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $128 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mid-Island Y Jewish Community Center Inc Plainview, NY | $9,808,281 | $10,961,733 |
Puerto Rican Org For Community Educational & Economic Development Elizabeth, NJ | $11,237,037 | $9,797,068 |
Rian Immigrant Center Inc Boston, MA | $3,539,791 | $6,977,812 |
Chinese Christian Herald Crusades Inc Flushing, NY | $34,224,401 | $8,882,723 |
Korean Community Services Of Metropolitan New York Inc Bayside, NY | $13,398,422 | $7,508,888 |
Hias And Council Migration Service Of Philadelphia Inc Philadelphia, PA | $6,751,198 | $6,830,316 |
Haitian Americans United For Progress Hollis, NY | $605,051 | $5,406,105 |
Connecticut Institute For Refugees And Immigrants Inc Bridgeport, CT | $3,814,184 | $6,185,902 |
Journeys End Refugee Services Buffalo, NY | $3,890,672 | $5,653,427 |
Aclamo Norristown, PA | $978,661 | $4,856,819 |
Accompany Capital Inc New York, NY | $17,866,704 | $6,735,687 |
Jewish Vocational Service Of Metro West Livingston, NJ | $2,464,515 | $4,577,281 |