Overview
What is Association Of College And University Auditors?
The Association of College and University Auditors (ACUA) is a nonprofit organization situated in Washington D.C., specifically at 1120 20TH STREET NW SUITE 750. Their primary mission is to enhance the practice of internal auditing within the higher education sector and increase its recognition. They achieve this goal by organizing an annual conference that offers affordable professional development and training opportunities for internal auditors in higher education. The conference serves as a platform for members to share insights and best practices related to internal auditing in higher education. ACUA's conference aims to provide high-quality learning experiences and foster a sense of community among its members.
Official website here: www.acua.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Star Rating
The Association of College and University Auditors has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The rating is based on a comprehensive assessment of its financial practices, with a strong emphasis on governance. The organization boasts a fully independent board and has scored well in areas such as financial statements oversight and the absence of material asset diversion.
Strengths highlighted in their evaluation include a complete independent board, effective financial oversight, and appropriate policies regarding conflicts of interest and document retention. They demonstrated a healthy liabilities to assets ratio of 27.75% and a program expense ratio of 65.09%, suggesting that a significant portion of their resources is dedicated to their core mission.
However, there are some areas where the organization fell short, particularly regarding the absence of a whistleblower policy, which may be a concern for transparency and accountability. Overall, while the Association of College and University Auditors has a commendable rating, addressing the noted limitations could enhance its governance practices further.
This AI summary has been generated from information found on Charity Navigator.
Is Association Of College And University Auditors legitimate?
Association Of College And University Auditors is a legitimate nonprofit organization registered as a 501(c)(3) entity. Association Of College And University Auditors 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.
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Official website here: www.acua.org
What is the mission statement of Association Of College And University Auditors?
The Association of College and University Auditors (ACUA) is committed to advancing the practice of internal auditing and fostering recognition of this field within higher education. Their mission is twofold: to enhance the quality of internal auditing and establish its significance within the higher education sector. The organization annually hosts a conference, offering affordable professional development and training opportunities for internal auditors, specifically focusing on higher education. Moreover, this event serves as a platform for members to exchange information regarding the professional practice of internal auditing in this specific domain.
Official website here: www.acua.org
Who is the CEO of Association Of College And University Auditors?
Brian Daniels is the President of Association Of College And University Auditors.
Official website here: www.acua.org
What is the revenue of Association Of College And University Auditors?
Association Of College And University Auditors's revenue in 2022 was $844,783.
Official website here: www.acua.org
Who are the executives of Association Of College And University Auditors and what are their salaries?
There 50 volunteers at Association Of College And University Auditors.
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Official website here: www.acua.org
Where can I find the form 990 for Association Of College And University Auditors?
Association Of College And University Auditors's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.acua.org
Learn more at the official website: www.acua.org
Mission Statement of Association Of College And University Auditors
The Association of College and University Auditors (ACUA) is committed to advancing the practice of internal auditing and increasing its recognition within the higher education sector. By fulfilling this mission, ACUA strives to promote the significance of internal auditing in educational institutions.
To achieve this goal, ACUA organizes annual conferences that offer high-quality, affordable professional development opportunities and training for internal auditors working in higher education. These events allow members to exchange information and insights related to the specific professional practice of internal auditing in the higher education context. By attending these conferences, internal auditors can enhance their skills, network with peers, and stay updated on the latest developments in their field.
In summary, the Association of College and University Auditors is dedicated to advocating for and supporting the role of internal auditing in higher education. Through various initiatives, such as annual conferences, ACUA aims to improve the practice of internal auditing, promote its importance, and provide professional growth opportunities for auditors working within this specific context.
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Impact
October, 2024
The Association of College and University Auditors (ACUA) significantly enhances the field of internal auditing within higher education. By advancing the practice of internal auditing, ACUA ensures that institutions are equipped with effective auditing processes that monitor and improve institutional operations.
Their annual conference serves as a vital platform for professional development, providing affordable training and high-quality resources tailored for internal auditors. This event fosters collaboration and knowledge sharing among members, strengthening the network of auditors dedicated to excellence in higher education.
Through these initiatives, ACUA not only elevates the standards of internal auditing but also promotes recognition of its critical role in safeguarding the integrity and efficiency of educational institutions. Ultimately, this impact contributes to better governance, risk management, and accountability, fostering overall institutional improvement.
This information is meant to be a general summary of Association Of College And University Auditors. 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: $8,631
- Program Service Revenue: $602,565
- Gross Receipts: $879,465
Assets and Liabilities:
- Total Assets: $687,174
- Total Liabilities: $190,757
- Net Assets: $496,417
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ANNUAL/AUDITCON CONFER
Revenue
$429,391
MIDYEAR/AUDIT INTER CO
Revenue
$104,970
STRATEGIC PARTNERSHIP
Revenue
$60,000
ELECTRONIC AND PRINT M
Revenue
$7,037
Organization Details
Founding Year
1984
Phone
(202) 216-9623Principal Officer
Brian Daniels
Main Address
1120 20TH STREET NW SUITE 750, WASHINGTON, DC, 20036
Website
www.acua.orgNTEE Category
Code: B90 - Education
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