American Film Foundation

Charity Navigator Rating: 74% (Two-Star out of Four Star rating)

The American Film Foundation has received a 74% rating from Charity Navigator, reflecting its performance in accountability and finance. While the organization demonstrates strong fiscal responsibility, with a program expense ratio of 95.48%, it lacks independent board members, which is a significant area of concern. The absence of independent oversight can impact governance and transparency, leading to potential conflicts of interest.

On the positive side, the foundation has effective policies in place, such as a whistleblower policy, a conflict of interest policy, and a document retention policy, all of which are fully compliant. Additionally, the organization has not reported any material diversion of assets, indicating sound financial management. However, the lack of a functional website listed on its tax form, along with missing tax forms on its website, raises questions about transparency and accessibility of information for stakeholders.

Overall, while the American Film Foundation demonstrates commendable financial management and strong programmatic spending, its governance structure needs improvement with regard to board independence and transparency practices. Addressing these weaknesses could enhance its credibility and trustworthiness within the nonprofit sector.

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

American Film Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Film Foundation 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: $19,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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