Overview
What is The Foundation For Financial Journalism?
The Foundation for Financial Journalism, situated in Wilmington, North Carolina, is a nonprofit organization committed to unraveling the hidden truths within the complex sea of legal and financial filings. These documents, often used by corporations, can obscure their true financial condition and business practices. The foundation's mission is to illuminate this information, promoting transparency and accountability in financial reporting. They achieve this by focusing on investigative journalism and education, aiming to provide the public with accurate and unbiased financial news.
Official website here: www.ffj-online.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (56%)
The Foundation For Financial Journalism has received a One-Star rating from Charity Navigator, indicating significant areas for improvement, particularly in governance and accountability. The organization has an Accountability & Finance Score of 56%, which reflects a lack of independent board members and missing key policies such as conflict of interest and whistleblower protections. These deficiencies suggest potential governance risks that may affect the overall effectiveness of the charity.
Despite these governance issues, the foundation does maintain a strong program expense ratio of 90.16%, indicating that a substantial portion of its funds is directed toward its programs rather than administrative costs. Additionally, the organization has reported no material diversion of assets, which is a positive sign regarding financial stewardship. However, the absence of certain financial transparency measures, like posting tax forms on its website, raises concerns about its commitment to accountability.
In summary, while The Foundation For Financial Journalism demonstrates a focus on its program activities, the lack of independent oversight and missing accountability policies may detract from its credibility. Prospective donors and stakeholders should consider these factors when evaluating the organization's overall effectiveness and governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is The Foundation For Financial Journalism legitimate?
The Foundation For Financial Journalism is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Foundation For Financial Journalism 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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Professional Fundraising Fees: $0
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Official website here: www.ffj-online.org
What is the mission statement of The Foundation For Financial Journalism?
The Foundation for Financial Journalism aims to uncover the truth hidden within the vast sea of legal and financial filings that corporations often use to maintain the secrecy of their true operational conditions and business practices. Its mission is to illuminate this information, promoting transparency and accountability in corporate behavior. By doing so, the foundation seeks to contribute to a more informed and engaged public, enabling individuals to make more informed decisions.
Official website here: www.ffj-online.org
What is the revenue of The Foundation For Financial Journalism?
The Foundation For Financial Journalism's revenue in 2022 was $65,256.
Official website here: www.ffj-online.org
Who are the executives of The Foundation For Financial Journalism and what are their salaries?
Here are 3 key members and their salaries:
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Official website here: www.ffj-online.org
Where can I find the form 990 for The Foundation For Financial Journalism?
The Foundation For Financial Journalism's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ffj-online.org
Learn more at the official website: www.ffj-online.org
Mission Statement of The Foundation For Financial Journalism
The Foundation for Financial Journalism, abbreviated as FFFJ, is committed to unveiling the hidden truths that corporations often conceal within their legal and financial filings. This organization operates with a mission to dismantle the veil of opacity that corporations often employ to shield the true state of their condition and business practices. By delving into the vast sea of these filings, FFFJ strives to uncover and disseminate factual information, thereby promoting transparency and accountability in the business world.
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Impact
August, 2024
The Foundation For Financial Journalism aims to uncover the truth hidden within the legal and financial filings that corporations often rely on to conceal the details of their true business practices and conditions. Through this work, the Foundation contributes to greater transparency and accountability in the corporate world, shedding light on important information that may otherwise remain obscured. By providing in-depth analysis and investigation, the Foundation For Financial Journalism plays a crucial role in promoting integrity and informing the public about the realities of corporate operations.
This information is meant to be a general summary of The Foundation For Financial Journalism. 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: $65,256
Assets and Liabilities:
- Total Assets: $23,473
- Total Liabilities: $298
- Net Assets: $23,175
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Organization Details
Founding Year
2012
Principal Officer
Roderick Boyd
Website
www.ffj-online.orgNTEE Category
Code: A33 - Arts
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