Overview
What is Western Association Of Student Financial Aid Administrators?
The Western Association of Student Financial Aid Administrators is a nonprofit organization situated in Springfield, Oregon, specifically at 5729 MAIN STREET 186. Their primary focus is to support and educate student financial aid administrators, as well as individuals aspiring to join this field. They conduct conferences and meetings to address various issues, including minority concerns and academic challenges, ensuring that members stay updated on the latest trends in student financial aid administration. The association's mission is to provide essential training and resources, aiming to enhance the skills and competence of its members in managing financial aid for students.
Official website here: www.wasfaa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Star rating.
The Western Association of Student Financial Aid Administrators has received a score of 56%, which indicates significant concerns regarding its governance and financial transparency. The organization has no independent board members, which raises questions about accountability and oversight. However, it does maintain a low liabilities to assets ratio of 0.19% and a high program expense ratio of 72.95%, reflecting a strong commitment to funding its core mission.
Despite these strengths, there are notable limitations in the organization's policies. It lacks critical governance documents, including a conflict of interest policy, a whistleblower policy, and a document retention policy. These deficiencies could potentially expose the organization to risks and undermine trust among stakeholders.
In conclusion, while the Western Association of Student Financial Aid Administrators demonstrates a focus on its programs and maintains a sound financial position, its governance structure and lack of essential policies significantly impact its overall rating and may hinder its effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Western Association Of Student Financial Aid Administrators legitimate?
Western Association Of Student Financial Aid Administrators is a legitimate nonprofit organization registered as a 501(c)(3) entity. Western Association Of Student Financial Aid Administrators 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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For more financial information, click here
Official website here: www.wasfaa.org
What is the mission statement of Western Association Of Student Financial Aid Administrators?
The Western Association of Student Financial Aid Administrators is dedicated to offering support and training for individuals who are student financial aid administrators or aspiring to become one. Their mission is to address specific issues, such as minority concerns and academic challenges, in the field of student financial aid administration. They keep their members informed about the latest developments in this area through conferences and meetings. In essence, the organization's primary goal is to empower and equip student financial aid administrators with the necessary knowledge and skills to effectively manage financial aid for students.
Official website here: www.wasfaa.org
Who is the CEO of Western Association Of Student Financial Aid Administrators?
Ashley Coleman is the Treasurer of Western Association Of Student Financial Aid Administrators.
Official website here: www.wasfaa.org
What is the revenue of Western Association Of Student Financial Aid Administrators?
Western Association Of Student Financial Aid Administrators's revenue in 2022 was $210,483.
Official website here: www.wasfaa.org
Who are the executives of Western Association Of Student Financial Aid Administrators and what are their salaries?
There 66 volunteers at Western Association Of Student Financial Aid Administrators.
Here are 17 key members and their salaries:
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Official website here: www.wasfaa.org
Where can I find the form 990 for Western Association Of Student Financial Aid Administrators?
Western Association Of Student Financial Aid Administrators's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wasfaa.org
Learn more at the official website: www.wasfaa.org
Mission Statement of Western Association Of Student Financial Aid Administrators
The Western Association of Student Financial Aid Administrators is committed to offering support and training to student financial aid administrators and individuals aspiring to take on such roles. Its primary mission is to ensure that these individuals are well-equipped to navigate the complexities of student financial aid administration. The association achieves this by hosting conferences and meetings, which provide a platform to discuss and address specific issues, such as minority concerns and academic problems. By keeping its members informed about the latest developments in student financial aid administration, the Western Association of Student Financial Aid Administrators plays a crucial role in advancing the field and ensuring that students have access to the financial aid they need to pursue their education.
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Impact
October, 2024
The Western Association of Student Financial Aid Administrators plays a vital role in enhancing the effectiveness of student financial aid administrators and aspiring professionals in the field. By providing targeted support and training, the organization ensures that its members are well-equipped to navigate the complexities of student financial aid administration.
Through conferences and meetings, the association addresses critical issues such as minority concerns and academic challenges, fostering an environment for dialogue and solution-oriented discussions. This collaborative approach not only keeps members informed about the latest developments and best practices in the field but also empowers them to better serve students and their families.
By focusing on continuous professional development and networking opportunities, the Western Association of Student Financial Aid Administrators significantly impacts the overall landscape of student financial aid, promoting equity and accessibility in education financing.
This information is meant to be a general summary of Western Association Of Student Financial Aid Administrators. 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: $22,284
- Program Service Revenue: $156,149
- Gross Receipts: $210,483
Assets and Liabilities:
- Total Assets: $899,969
- Total Liabilities: $33,842
- Net Assets: $866,127
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFERENCE/TRAINING REG
Revenue
$126,035
CONFERENCE SUPPORT
Revenue
$22,500
TRAINING INCOME
Revenue
$7,614
Organization Details
Phone
(904) 252-5950Principal Officer
Ashley Coleman
Main Address
5729 MAIN STREET 186, SPRINGFIELD, OR, 97478
Website
www.wasfaa.orgNTEE Category
Code: B82C - Education
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