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California · Nonprofit

Association of Croatian American Professionals Foundation

Association of Croatian American Professionals Foundation (California) receives grants from 6 organizations whose IRS filings report $72,328 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($50,500). 3 of them have funded it in more than one year, and 99% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$401k
Funders on record
6
Grants received
$72k
Net assets
$194k
3/6 repeat funderspeak grant-dependency 22%
01What it does

What Association of Croatian American Professionals Foundation does

Mission

Connecting Croatian American professionals while contributing to cultural and educational initiatives and creating professional growth and collaboration.

As stated on its FY2024 Form 990.

Programs

  1. 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.

    $255,983 spent$225,230 earned by the program
    62% of program spending
  2. 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.

    $63,560 spent$94,751 earned by the program
    15% of program spending
  3. Other Programmatic Activities

    $56,343 spentof which $22,414 as grants
    14% of program spending
  4. 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.

    $38,245 spentof which $5,573 as grants
    9% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $414,131.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($211k) Expenses 100 ($211k) Net assets 100 ($37k)2021 Revenue 111 ($235k) Expenses 117 ($247k) Net assets 66 ($25k)2022 Revenue 43 ($92k) Expenses 23 ($48k) Net assets 183 ($68k)2023 Revenue 169 ($356k) Expenses 158 ($334k) Net assets 609 ($226k)2024 Revenue 190 ($401k) Expenses 205 ($433k) Net assets 522 ($194k)
20202021202220232024
Revenue (190)Expenses (205)Net assets (522)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $70k to $227k (+224%).

$39k
$29k
$70k
$227k
$194k
20202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2024 11%. Grants only. Government contracts and fees sit inside program revenue.

61% of Association of Croatian American Professionals Foundation’s revenue is contributions — about as donation-reliant as the typical peer (62% for the typical peer).

This organization
Typical peer · 12,439 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 5 reported years ran a deficit.

−$145
’20
−$13k
’21
$43k
’22
$22k
’23
−$32k
’24
5.4
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

2020202120232024
Listed451822
Joined·+1·+8
No longer listed·0·4
03Who funds it

Who funds it, year by year

2020 → 2023: the base narrowed from 2 funders to 1 funder, grant income fell $20k → $154.

5 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 99% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Association of Croatian American Professionals Foundation’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Association of Croatian American Professionals Foundation leans on a few funders — its largest provides 70% of grant income and the top three 90%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

99% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Association of Croatian American Professionals Foundation.

70%
largest funder
90%
top three
~2
effective funders

Largest funder’s share by year: 2020 100% · 2021 64% · 2022 99% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

99% of Association of Croatian American Professionals Foundation's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $1k that is directly attributable, 100% of it comes from funders outside California, across 1 state.

NY

Funder states come from each funder’s own filing. $71k arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Association of Croatian American Professionals Foundation has grown faster than three-quarters of the 11,971 community improvement nonprofits its size.

Operating margin−8% · bottom quartile
Months of reserve5.4mo · below the median
Revenue growth (annualized)17% · top quartile

this organization peer median middle 50% of peers· 11,971 community improvement nonprofits $100k–$1M, FY2024

Organizations like Association of Croatian American Professionals Foundation

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In California

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

96% of spending goes to programs.

Program 96%Management 4%Fundraising 0%

Governance

22
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

85%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

CA

Screen this organization

A dated, signed PDF of the compliance screen for Association of Croatian American Professionals Foundation: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Association of Croatian American Professionals Foundation?
Association of Croatian American Professionals Foundation (California) receives grants from 6 organizations whose IRS filings report $72,328 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($50,500). 3 of them have funded it in more than one year, and 99% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does Association of Croatian American Professionals Foundation have?
IRS filings report 6 organizations giving $72,328 in grants to Association of Croatian American Professionals Foundation, 3 of which have funded it in more than one year.
Who is the largest funder of Association of Croatian American Professionals Foundation?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $50,500 in grants. The full list of funders is on this page.
How can an organization like Association of Croatian American Professionals Foundation find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Association of Croatian American Professionals →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing