American Financial Education Allian

Charity Navigator Rating: 0 Stars

American Financial Education Alliance has received a Zero-Star out of Four Star rating from Charity Navigator, which indicates significant concerns regarding its accountability and financial transparency. The overall score is calculated solely from a 25% rating in the Accountability & Finance category, reflecting serious deficiencies in financial reporting and governance practices. While the organization has a fully independent board, this aspect does not compensate for the lack of basic financial documentation and policies.

Strengths include having 100% independent board members and no material diversion of assets. However, the absence of financial statements, a conflict of interest policy, and other required governance documents raises red flags about the organization's operational integrity. Additionally, the liabilities to assets ratio at 70.73% and a program expense ratio of only 19.55% indicate potential financial instability and inefficiency in utilizing funds for its stated mission.

Overall, the significant gaps in reporting and governance practices should be carefully considered by potential donors and stakeholders. The lack of transparency could hinder trust and raise concerns about the organization's ability to manage donations effectively and fulfill its mission.

This AI summary has been generated from information found on Charity Navigator.

American Financial Education Allian is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Financial Education Allian 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: $500,034

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