Overview
What is Financial Education & Research Foundation Inc?
Financial Education & Research Foundation Inc is a nonprofit organization committed to advancing the field of financial management. Their primary focus is on enhancing the profession and its practices through education and research. The organization's mission is to contribute to this field, ensuring that it continues to evolve and adapt to the ever-changing financial landscape. While I cannot provide specific details due to the limited information given, it is safe to assume that they may engage in activities such as conducting research, organizing educational programs, and promoting best practices within the financial management sector.
Official website here: www.ferf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Financial Education & Research Foundation Inc has received a high rating of 96% from Charity Navigator, indicating strong performance in accountability and finance. This top rating is notably based on a comprehensive evaluation of the organization's governance and financial practices. Their independent board demonstrates a commitment to transparency and oversight, with 75% of board members being independent.
The organization's fiscal management is commendable, as reflected in their low liabilities to assets ratio of 19.86% and a program expense ratio of 70.81%. These metrics suggest that a significant portion of their resources is dedicated to fulfilling their mission rather than administrative overhead. Additionally, the foundation has robust policies in place, including conflict of interest and whistleblower policies, which further enhance its credibility.
While the data reflects a strong operational framework, no specific programmatic outcomes or impact metrics are highlighted in the available information. This absence does not detract from their high accountability score but may leave potential donors wanting more insight into the tangible effects of their programs. Overall, the Financial Education & Research Foundation Inc appears to be a well-managed nonprofit dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Financial Education & Research Foundation Inc legitimate?
Financial Education & Research Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Financial Education & Research Foundation Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.ferf.org
What is the mission statement of Financial Education & Research Foundation Inc?
The Financial Education & Research Foundation Inc's mission is centered around enhancing the field of financial management. Their primary objective is achieved through education and research. By doing so, they aim to progress and improve the practices associated with financial management. This organization's mission is geared towards advancing the profession, ultimately contributing to a more informed and effective financial management sector.
Official website here: www.ferf.org
Who is the CEO of Financial Education & Research Foundation Inc?
Andrej Suskavcevic is the CEO of Financial Education & Research Foundation Inc The CEO's salary of Financial Education & Research Foundation Inc is $0 and their total compensation is $585,107.
Official website here: www.ferf.org
What is the revenue of Financial Education & Research Foundation Inc?
Financial Education & Research Foundation Inc's revenue in 2024 was $3,515,662.
Official website here: www.ferf.org
Who are the executives of Financial Education & Research Foundation Inc and what are their salaries?
There 3 volunteers at Financial Education & Research Foundation Inc.
Here are 6 key members and their salaries (Financial Education & Research Foundation Inc's CEO's salary is $0 and their total compensation is $585,107):
- Compensation: $0
- Related: $537,559
- Other: $47,548
- Compensation: $0
- Related: $209,577
- Other: $42,372
- Compensation: $0
- Related: $184,773
- Other: $28,467
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ferf.org
Where can I find the form 990 for Financial Education & Research Foundation Inc?
Financial Education & Research Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.ferf.org
Learn more at the official website: www.ferf.org
Mission Statement of Financial Education & Research Foundation Inc
The Financial Education & Research Foundation Inc is dedicated to enhancing the field of financial management by promoting education and conducting research. Their mission is to elevate the profession and its practices, aiming to contribute positively to the industry as a whole. By focusing on both education and research, this organization strives to foster a more informed and skilled workforce in financial management.
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Impact
October, 2024
Financial Education & Research Foundation Inc significantly influences the field of financial management by advancing both the profession and practices through targeted education and comprehensive research initiatives. Based in Morristown, NJ, the organization plays a crucial role in enhancing the understanding of financial concepts among practitioners and the public. Through its programs and resources, it fosters better financial decision-making and management, contributing to the overall financial literacy of individuals and communities.
By focusing on social research, the foundation identifies trends, challenges, and opportunities within the financial landscape, enabling stakeholders to develop informed strategies and practices. This impact extends beyond individual learning; it resonates within industries and influences policy decisions, supporting sustainable economic growth. Ultimately, the foundation's commitment to education and research cultivates a more knowledgeable society, empowering individuals and organizations to achieve better financial outcomes.
This information is meant to be a general summary of Financial Education & Research Foundation Inc. 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 2024.
- Investment Income: $94,371
- Program Service Revenue: $2,956,065
- Gross Receipts: $3,519,161
Assets and Liabilities:
- Total Assets: $4,697,755
- Total Liabilities: $933,022
- Net Assets: $3,764,733
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROFESSIONAL DEVELOPMENT
Revenue
$2,499,086
CONTENT
Revenue
$456,979
Organization Details
Founding Year
1944
Principal Officer
Andrej Suskavcevic
Website
www.ferf.orgNTEE Category
Code: V20 - Social research
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