Overview
What is Federal Communications Bar Association Foundation?
The Federal Communications Bar Association Foundation is a charitable organization situated in Washington, D.C. Their primary objective is to support worthy community initiatives, focusing on communications-related and educational projects, as well as other community service endeavors, specifically those benefiting children and students. They achieve this goal by making financial contributions and providing volunteer services from their members and other contributors. Additionally, the foundation aims to promote a broader public understanding and awareness of the growth and evolution of communications technology, resources, and law.
Official website here: www.fcba@fcba.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star Rating)
The Federal Communications Bar Association Foundation has achieved an 82% rating, reflecting a strong performance in Accountability & Finance, which is the only metric used to calculate its score. This rating indicates a high level of transparency and responsible financial management, with a particular emphasis on governance practices. The foundation boasts a fully independent board and has no material diversion of assets, demonstrating a commitment to ethical oversight.
Key strengths include a high program expense ratio of 89.15%, which suggests that a significant portion of its expenditures directly supports its mission-related activities. The foundation also has established comprehensive policies regarding conflicts of interest, whistleblower protections, and document retention, further underscoring its commitment to accountability.
However, the organization has a liability to assets ratio of 77.77%, which raises some concerns about its financial stability. While this score affects the overall rating, the foundation's strengths in governance and program spending may mitigate some of these concerns for donors seeking to support a reputable nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Federal Communications Bar Association Foundation legitimate?
Federal Communications Bar Association Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Federal Communications Bar Association 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:
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For more financial information, click here
Official website here: www.fcba@fcba.org
What is the mission statement of Federal Communications Bar Association Foundation?
The Federal Communications Bar Association Foundation's mission is to support worthwhile communications-related and educational projects, as well as community service initiatives, primarily focusing on children and students. They accomplish this through financial contributions and volunteer services provided by foundation members and others. Furthermore, the foundation seeks to foster greater public awareness and understanding of the development of communications technology, resources, and law.
Official website here: www.fcba@fcba.org
Who is the CEO of Federal Communications Bar Association Foundation?
Kerry K Loughney is the Principal Officer of Federal Communications Bar Association Foundation.
Official website here: www.fcba@fcba.org
What is the revenue of Federal Communications Bar Association Foundation?
Federal Communications Bar Association Foundation's revenue in 2022 was $467,474.
Official website here: www.fcba@fcba.org
Who are the executives of Federal Communications Bar Association Foundation and what are their salaries?
Here are 13 key members and their salaries:
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Official website here: www.fcba@fcba.org
Where can I find the form 990 for Federal Communications Bar Association Foundation?
Federal Communications Bar Association Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fcba@fcba.org
Learn more at the official website: www.fcba@fcba.org
Mission Statement of Federal Communications Bar Association Foundation
The Federal Communications Bar Association Foundation is committed to supporting worthy communications-related and educational projects, as well as other community service initiatives, with a particular focus on benefiting children and students. This is accomplished through financial contributions and volunteer services provided by the foundation's members and other individuals. Furthermore, the foundation aims to foster greater public awareness and understanding of the development of communications technology, resources, and law. By engaging in these activities, the Federal Communications Bar Association Foundation seeks to contribute positively to various communities and promote the advancement of communications-related knowledge and understanding.
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Impact
July, 2024
The Federal Communications Bar Association Foundation supports worthwhile communications-related and educational projects, as well as other community service initiatives, with a particular focus on children and students. The foundation provides financial contributions and volunteer services to assist community service organizations in their endeavors. Additionally, the foundation aims to enhance public awareness and understanding of the development of communications technology, resources, and law. Through these efforts, the foundation positively impacts various communities and contributes to the advancement of communication-related initiatives.
This information is meant to be a general summary of Federal Communications Bar Association Foundation. 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: $101,883
- Gross Receipts: $629,611
Assets and Liabilities:
- Total Assets: $984,418
- Total Liabilities: $785,262
- Net Assets: $199,156
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Organization Details
Founding Year
1991
Phone
(202) 293-4000Principal Officer
Kerry K Loughney
Main Address
1020 19TH STREET 325, WASHINGTON, DC, 20036
Website
www.fcba@fcba.orgNTEE Category
Code: T70Z - Philanthropy
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