Overview
What is American Finance Association?
The American Finance Association is a nonprofit organization situated in Salt Lake City, Utah. Its primary focus is to foster a comprehensive understanding of financial challenges and advance finance scholarship. The organization achieves this mission by publishing the esteemed Journal of Finance, in partnership with Wiley Publishing. This journal, which is published six times annually, showcases leading research across various finance disciplines. It boasts an extensive readership, reaching over 8,000 academics, financial professionals, libraries, governments, and financial institutions worldwide. The American Finance Association's devotion to the study and promotion of financial economics serves to enhance the public's comprehension of financial matters.
Official website here: www.afajof.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The American Finance Association has received an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 96%, the organization demonstrates a commitment to transparency and responsible management of its resources, which is critical for fostering trust among donors and stakeholders.
Strengths highlighted include an independent board comprised of 81% members, ensuring governance is free from conflicts of interest. Additionally, the association excels in financial oversight, with no reported material diversion of assets and a program expense ratio of 89.05%, indicating a significant dedication to its mission-oriented activities. The organization also scores well on various policies and practices, such as having listed conflict of interest and document retention policies.
However, it is notable that the organization is missing a whistleblower policy, which could enhance its internal accountability framework. Despite this limitation, the overall rating underscores the American Finance Association's effective financial stewardship and commitment to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is American Finance Association legitimate?
American Finance Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Finance Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $185,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $49,568
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Official website here: www.afajof.org
What is the mission statement of American Finance Association?
The American Finance Association, in its mission, strives to enhance public comprehension of financial issues and boost scholarship in the field of finance. The organization is committed to the exploration and dissemination of knowledge related to financial economics. One of its significant endeavors includes publishing the Journal of Finance, a periodical in partnership with Wiley Publishing. This journal showcases leading research across various finance disciplines and is widely recognized as the most cited academic journal in the finance sector. Each issue reaches a global audience of over 8,000 academics, financial professionals, libraries, governments, and financial institutions.
Official website here: www.afajof.org
Who is the CEO of American Finance Association?
James Schallheim is the Secretary/Tr of American Finance Association.
Official website here: www.afajof.org
What is the revenue of American Finance Association?
American Finance Association's revenue in 2022 was $2,101,619.
Official website here: www.afajof.org
Who are the executives of American Finance Association and what are their salaries?
The average compensation at American Finance Association during 2022 was $78,189. There are 3 employees and 33 volunteers at American Finance Association.
Here are 19 key members and their salaries:
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Official website here: www.afajof.org
Where can I find the form 990 for American Finance Association?
American Finance Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.afajof.org
Learn more at the official website: www.afajof.org
Mission Statement of American Finance Association
The American Finance Association, a renowned organization, is dedicated to enhancing the public's understanding of financial issues and fostering scholarship in the field of finance. The association is deeply committed to the exploration and dissemination of knowledge pertaining to financial economics. To achieve this, it publishes the Journal of Finance, a prestigious periodical, in partnership with Wiley Publishing. This journal is a significant platform, showcasing leading research across various finance disciplines. It is the most frequently cited academic journal in the finance sector, reaching over 8,000 academics, financial professionals, libraries, governments, and financial institutions worldwide, six times a year. Each issue of the Journal of Finance serves approximately 8,000 readers, thereby playing a critical role in promoting finance scholarship and enhancing public understanding of financial challenges.
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Impact
October, 2024
The American Finance Association significantly enhances public understanding of financial issues and advances scholarship in finance. By promoting research and knowledge in financial economics, it serves as a vital resource for academics, professionals, and policymakers alike.
At the core of its impact is the Journal of Finance, published in collaboration with Wiley Publishing. This journal is the most widely cited academic publication in the field, disseminating pioneering research across various finance disciplines. Published six times a year, it reaches over 8,000 stakeholders—ranging from academics to financial institutions—globally, thereby fostering a deeper comprehension of complex financial problems and solutions.
Through its commitment to elevating finance as a discipline, the American Finance Association plays a critical role in shaping financial education, influencing policy decisions, and improving overall financial literacy, ultimately contributing to a more informed and empowered society.
This information is meant to be a general summary of American Finance Association. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $518,430
- Program Service Revenue: $1,489,265
- Gross Receipts: $6,123,165
Assets and Liabilities:
- Total Assets: $24,668,560
- Total Liabilities: $1,207,002
- Net Assets: $23,461,558
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PUBLISHING CONTRACTS
Revenue
$1,210,277
ARTICLE SUBMISSION FEES
Revenue
$234,025
ARCHIVED PUBLICATIONS
Revenue
$44,963
Organization Details
Founding Year
1939
Phone
(801) 581-4434Principal Officer
James Schallheim
Main Address
1655 E CAMPUS CENTER DRIVE, SALT LAKE CITY, UT, 84112
Website
www.afajof.orgNTEE Category
Code: W22C - Public benefit
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