Overview
What is American Transparency?
American Transparency is a nonprofit organization dedicated to enhancing government transparency. Its mission is to make all public-sector expenditures, including revenues and expenses, readily available online in real-time. This initiative aims to capture and disseminate financial transactions at federal, state, and local levels across the United States, promoting accountability and transparency at every level. The organization also provides programs for monitoring and reporting oversight, as well as strategic litigation expenses. By doing so, American Transparency aims to ensure that every dollar spent by the government is accessible to the public online, fostering a culture of transparency and accountability.
Official website here: www.openthebooks.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
American Transparency has achieved an exemplary rating of 100%, reflecting its strong performance in accountability and finance. This high score is solely derived from its accountability metrics, demonstrating the organization’s commitment to transparency and responsible financial management.
The charity boasts a fully independent board, with 85% of its members being independent, and has an effective oversight structure in place, as evidenced by its perfect scores in audit and oversight components. Additionally, American Transparency has successfully implemented essential policies, including conflict of interest and whistleblower protections, which contribute to its overall governance strength.
One notable strength is the organization’s impressive program expense ratio of 80.91%, indicating that a significant portion of its funding is directly allocated to its programs. Furthermore, its fundraising efficiency is commendable, with only $0.10 spent to raise each dollar, showcasing effective use of resources. Overall, the data reflects that American Transparency is well-managed with a robust governance framework.
This AI summary has been generated from information found on Charity Navigator.
Is American Transparency legitimate?
American Transparency is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Transparency 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: $602,317
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,224,239
For more financial information, click here
Official website here: www.openthebooks.com
What is the mission statement of American Transparency?
American Transparency strives to enhance government transparency by digitally recording and disseminating government transactions in real-time. Their mission is to make public-sector expenditures accessible online at the federal, state, and local levels across America, with the motto of "Every Dime, Online, In Real Time." The organization provides programs for monitoring revenue and expenditures, as well as litigation-related expenses, focusing on oversight reporting.
Official website here: www.openthebooks.com
Who is the CEO of American Transparency?
Craig Mijares is the Coo of American Transparency. The CEO's salary of American Transparency is $173,990 and their total compensation is $173,990.
Official website here: www.openthebooks.com
What is the revenue of American Transparency?
American Transparency's revenue in 2022 was $2,917,529.
Official website here: www.openthebooks.com
Who are the executives of American Transparency and what are their salaries?
The average compensation at American Transparency during 2022 was $53,722. There are 34 employees at American Transparency.
Here are 9 key members and their salaries (American Transparency's CEO's salary is $173,990 and their total compensation is $173,990):
- Compensation: $258,000
- Related: $0
- Other: $0
- Compensation: $173,990
- Related: $0
- Other: $0
- Compensation: $170,327
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.openthebooks.com
Where can I find the form 990 for American Transparency?
American Transparency's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.openthebooks.com
Learn more at the official website: www.openthebooks.com
Mission Statement of American Transparency
American Transparency, as an organization, is committed to enhancing government transparency. Its mission is to revolutionize the way public-sector expenditures are documented by inputting and publishing these transactions online in real time. The primary goal is to make every dollar of government spending accessible to the public at the federal, state, and local levels across the nation. This initiative, known as "Every Dime, Online, In Real Time," aims to bring transparency and accountability to government operations. American Transparency also offers programs for tracking revenue and expenses, providing oversight reporting, and managing expenses related to strategic litigation.
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Impact
October, 2024
American Transparency significantly enhances governmental accountability and public oversight by digitizing and publicizing government transactions. By capturing and posting public-sector expenditures across federal, state, and local levels, the initiative ensures that every dollar spent is accessible to citizens in real-time. This transparency fosters greater civic engagement, enabling taxpayers to hold their government accountable for fiscal decisions. Moreover, the organization's focus on oversight reporting and strategic litigation empowers communities to address and rectify inefficiencies or mismanagement within public spending, ultimately promoting responsible governance. The commitment to making government financial information readily available also serves as an educational tool, helping individuals understand where their tax dollars go and facilitating informed discussions about fiscal policies.
This information is meant to be a general summary of American Transparency. 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: $665
- Gross Receipts: $2,917,529
Assets and Liabilities:
- Total Assets: $1,407,283
- Total Liabilities: $260,702
- Net Assets: $1,146,581
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Organization Details
Founding Year
2008
Phone
(312) 320-1867Principal Officer
Craig Mijares
Main Address
3 Grant Square 355, Hinsdale, IL, 60651
Website
www.openthebooks.comNTEE Category
Code: B90 - Education
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