Association of Croatian American Professionals Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Connecting Croatian American professionals while contributing to cultural and educational initiatives and creating professional growth and collaboration.
- Income
- $400,579
- Spending
- $432,991
- Spent on programs
- 96%
- Reserves
- 5.4 months of spending
- Largest source of income
- donations and private grants, 51%
- Employees
- 0
- Volunteers
- 40
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 74 out of 100. Higher than 48% of charities in its peer group (community improvement, $250k to $1m).
Reserves
20 of 35Spendable reserves would cover 5.4 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
4 of 15Spending exceeded income by 8% of income.
Income trend
15 of 15Income rose 13% on the year before.
Spending floor
15 of 1596% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 75 out of 100. Higher than 47% of charities in its peer group (community improvement, $250k to $1m).
Independent board
25 of 2522 of 22 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $255,983 spent. ACAP Conference - In 2024, ACAP held its 8th annual conference celebrating the organization's 10th anniversary with the theme "Croatians: Globally Connected, Locally Shaped". The event brought together hundreds of professionals, students, and community leaders from the U.S and abroad for keynotes, panels, and workshops across business, technology, culture, and public policy. The conference also featured scholarships awards, supporting future Croatian-American leaders.
- $63,560 spent. ACAP Professional Network - Through its national chapter structure, ACAP organized networking events, mentorship programs, and professional development opportunities that connect members across industries and generations. These initiatives foster collaboration and leadership development with a strong focus on preparing and supporting future leaders in the Croatian-American community.
- $56,343 spent. Other Programmatic Activities
- $38,245 spent. ACAP Foundation - In 2024, through the ACAP Foundation program, we awarded scholarships and fellowships to support the academic and professional growth of Croatian-American students and young professionals. We also supported the Domovina Birthright Program, which enables Croatian-American youth to travel to Croatia, strengthen their cultural identity, and connect with peers and mentor in the homeland. In addition, ACAP provided a grant to STEMI, advancing STEM learning opportunities in Croatia and fostering innovation among yoing students. Together, these initiatives reflect ACAP's commitment to developing future leaders and strengthening ties between the diaspora and Croatia.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 2019.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.