Overview
What is American Federation Of Mineralogical Societies?
The American Federation of Mineralogical Societies is a nonprofit organization dedicated to fostering knowledge in the fields of Earth sciences and lapidary arts. By distributing educational materials to various regional federations, this organization plays a significant role in promoting understanding and appreciation for these subjects. The American Federation of Mineralogical Societies serves as a valuable resource, contributing to the growth of these disciplines and engaging individuals in hands-on activities related to lapidary arts.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, 63%, Two-Star out of Four Star rating
The American Federation of Mineralogical Societies has received a rating classified as "Needs Improvement" with an overall score of 63%. While the organization excels in accountability and finance, achieving a perfect score in several areas such as board independence and material diversion of assets, it faces significant challenges in transparency and governance practices. The lack of essential policies, such as a conflict of interest and whistleblower policy, along with missing documentation for board meeting minutes, raises concerns about its operational practices.
Strengths include a strong independent board and a favorable liabilities to assets ratio, indicating sound financial health. Additionally, the program expense ratio is relatively high at 64.34%, suggesting that a considerable portion of its funds is directed toward its mission-related activities. However, these positive attributes are overshadowed by the shortcomings in transparency and adherence to best practices, which are critical for building trust with stakeholders and the public.
Overall, while the American Federation of Mineralogical Societies demonstrates certain strengths in governance and program funding, the deficiencies in transparency and policy documentation signal a need for improvement. Stakeholders and potential donors may want to consider these factors when evaluating the organization’s effectiveness and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is American Federation Of Mineralogical Societies legitimate?
American Federation Of Mineralogical Societies is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Federation Of Mineralogical Societies 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:
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What is the mission statement of American Federation Of Mineralogical Societies?
The American Federation of Mineralogical Societies, in its mission, focuses on promoting education in the fields of Earth sciences and lapidary arts. It achieves this by distributing educational material to its regional federations, thereby fostering a deeper understanding and appreciation of these subjects. The organization's activities are geared towards enriching individuals' knowledge and skills in these areas, contributing to a broader scientific and artistic community.
Who is the CEO of American Federation Of Mineralogical Societies?
Margaret Kolaczyk is the President of American Federation Of Mineralogical Societies.
What is the revenue of American Federation Of Mineralogical Societies?
American Federation Of Mineralogical Societies's revenue in 2022 was $48,817.
Who are the executives of American Federation Of Mineralogical Societies and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for American Federation Of Mineralogical Societies?
American Federation Of Mineralogical Societies's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of American Federation Of Mineralogical Societies
The American Federation of Mineralogical Societies is committed to promoting education in the fields of Earth sciences and lapidary arts. This nonprofit organization achieves its mission by distributing educational materials to various regional federations. By doing so, it ensures that a wide range of individuals have access to valuable knowledge and resources in these areas, fostering a deeper understanding and appreciation for the Earth and its natural wonders. The American Federation of Mineralogical Societies plays a crucial role in nurturing interest and expertise in these disciplines, contributing to a more informed and engaged society.
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Impact
August, 2024
The American Federation of Mineralogical Societies impacts the field of Earth sciences and lapidary arts by educating individuals through the distribution of educational materials to regional federations. This helps spread knowledge and awareness about these subjects, fostering interest and engagement in the scientific community. Their work contributes to the advancement of science research and promotes a deeper understanding of geology and gemstones among enthusiasts and professionals alike.
This information is meant to be a general summary of American Federation Of Mineralogical Societies. 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: $11,761
- Program Service Revenue: $33,476
- Gross Receipts: $48,817
Assets and Liabilities:
- Total Assets: $629,698
- Total Liabilities: $0
- Net Assets: $629,698
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES & ASSESSS
Revenue
$33,476
Organization Details
Phone
(909) 874-5664Principal Officer
Margaret Kolaczyk
Main Address
PO BOX 1657, RIALTO, CA, 92377
NTEE Category
Code: U30 - Science research
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