Overview
What is American Factoring Association?
The American Factoring Association is a nonprofit organization situated in San Luis Obispo, California. Its primary role is to enlighten the public and policymakers about the availability of working capital for financing small businesses in the United States. By conducting various initiatives, the association aims to promote and increase the use of working capital financing. This group serves as a vital advocate for small businesses, educating policymakers about the significance of this financing option.
Official website here: www.americanfactoring.org
Is American Factoring Association legitimate?
American Factoring Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. American Factoring 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.
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Official website here: www.americanfactoring.org
What is the mission statement of American Factoring Association?
The American Factoring Association's mission is centered around educating both the public and policymakers about the availability of working capital for financing small businesses in the United States. They strive to conduct initiatives that aim to increase the availability of working capital financing. In essence, their mission is to enlighten relevant parties about the financial options that can support the growth and sustainability of small businesses in the country.
Official website here: www.americanfactoring.org
Who is the CEO of American Factoring Association?
Tania Daniel is the President of American Factoring Association.
Official website here: www.americanfactoring.org
What is the revenue of American Factoring Association?
American Factoring Association's revenue in 2022 was $261,200.
Official website here: www.americanfactoring.org
Who are the executives of American Factoring Association and what are their salaries?
There 21 volunteers at American Factoring Association.
Here are 21 key members and their salaries:
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Official website here: www.americanfactoring.org
Where can I find the form 990 for American Factoring Association?
American Factoring Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.americanfactoring.org
Learn more at the official website: www.americanfactoring.org
Mission Statement of American Factoring Association
The American Factoring Association serves a crucial role in educating both the public and policymakers about the availability of working capital for financing small businesses across America. Their mission is twofold: firstly, they aim to spread awareness about the existence of working capital financing options for small businesses. Secondly, they actively support initiatives that aim to increase the availability of working capital financing. By undertaking these efforts, the American Factoring Association works towards empowering America's small businesses with the necessary financial resources to thrive.
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Impact
October, 2024
The American Factoring Association plays a vital role in enhancing the financial landscape for small businesses across the United States. By educating the public and policymakers about the importance of working capital, the association raises awareness of financing options available to small enterprises. This initiative helps small businesses access the funds they require for growth, operations, and sustainability.
Through targeted efforts to inform and advocate, the association supports the increase of working capital financing, thereby fostering an environment conducive to economic growth. By connecting small businesses with essential financial resources, the American Factoring Association contributes to community improvement and empowers entrepreneurs to thrive in a competitive marketplace. Its work is crucial in promoting financial literacy, ensuring that both decision-makers and business owners understand the available avenues for funding that can drive local economies forward.
This information is meant to be a general summary of American Factoring 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.
- Gross Receipts: $261,200
Assets and Liabilities:
- Total Assets: $277,456
- Total Liabilities: $0
- Net Assets: $277,456
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Organization Details
Founding Year
2009
Phone
(805) 733-0011Principal Officer
Tania Daniel
Main Address
1015 NIPOMO ST STE 210, SAN LUIS OBISPO, CA, 934016144
Website
www.americanfactoring.orgNTEE Category
Code: S41 - Community improvement
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