Overview
What is Afcea - Washington Dc Chapter Educational Foundation?
Afcea - Washington D.C. Chapter Educational Foundation is a nonprofit organization situated in Falls Church, Virginia. Their primary mission is to promote higher education in engineering, mathematics, and science by offering financial scholarships to deserving students. This foundation aims to foster continued development and advancement within the communications and electronics industry, contributing to overall military preparedness and national defense. They achieve this goal through their educational scholarship fund, which provides financial aid and educational initiatives, thereby supporting the overall growth and success of the industry.
Official website here: www.dc.afceachapters
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 61%)
The Afcea - Washington Dc Chapter Educational Foundation has received a Two-Star rating from Charity Navigator, indicating a need for improvement in various areas of its operations. The overall score of 61% reflects significant strengths in board governance, with full points awarded for the majority of independent board members and board size. However, the organization struggles in transparency and accountability metrics, as evidenced by low scores in key areas such as conflict of interest and whistleblower policies.
Despite the strong program expense ratio, which suggests effective allocation of funds towards its mission, other financial indicators raise concerns. The organization received a score of zero for its liabilities to assets ratio, indicating potential financial instability. Additionally, the absence of posted tax forms on its website and low scores in policy documentation suggest room for improvement in transparency and regulatory compliance.
Overall, while the foundation demonstrates commitment through its governance structure and program spending, it must address its shortcomings in policy implementation and financial management to enhance its credibility and effectiveness in serving its educational mission.
This AI summary has been generated from information found on Charity Navigator.
Is Afcea - Washington Dc Chapter Educational Foundation legitimate?
Afcea - Washington Dc Chapter Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Afcea - Washington Dc Chapter Educational 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.
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Official website here: www.dc.afceachapters
What is the mission statement of Afcea - Washington Dc Chapter Educational Foundation?
The Afcea - Washington D.C. Chapter Educational Foundation promotes higher education in fields such as engineering, mathematics, and science through financial scholarships and educational initiatives. This endeavor is aimed at fostering continued development and advancement within the communications and electronics industry, contributing to overall military preparedness and national defense. The foundation's scholarship programs specifically aim to support worthy students pursuing higher education in these fields.
Official website here: www.dc.afceachapters
What is the revenue of Afcea - Washington Dc Chapter Educational Foundation?
Afcea - Washington Dc Chapter Educational Foundation's revenue in 2024 was $65,000.
Official website here: www.dc.afceachapters
Who are the executives of Afcea - Washington Dc Chapter Educational Foundation and what are their salaries?
There 38 volunteers at Afcea - Washington Dc Chapter Educational Foundation.
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Official website here: www.dc.afceachapters
Where can I find the form 990 for Afcea - Washington Dc Chapter Educational Foundation?
Afcea - Washington Dc Chapter Educational Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.dc.afceachapters
Learn more at the official website: www.dc.afceachapters
Mission Statement of Afcea - Washington Dc Chapter Educational Foundation
The Afcea - Washington D.C. Chapter Educational Foundation is dedicated to promoting higher education in the fields of engineering, mathematics, and science. This is achieved through the provision of financial scholarships and various educational initiatives. The primary objective is to foster continued development and advancement within the communications and electronics industry, contributing to overall military preparedness and national defense. By offering these scholarships, the foundation aims to support worthy students, thereby encouraging the pursuit of knowledge in these crucial sectors.
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Impact
October, 2024
Afcea - Washington DC Chapter Educational Foundation significantly impacts the future of higher education by providing financial scholarships and educational initiatives aimed at students pursuing degrees in engineering, mathematics, and science. This support fosters the continued development and advancement of skilled professionals within the communications and electronics industry, essential for maintaining military preparedness and enhancing national defense. Through its scholarship programs, the Foundation empowers worthy students to pursue their academic goals, ultimately contributing to a more capable workforce that meets the demands of modern defense challenges. By investing in education, the Foundation not only enhances individual career opportunities but also strengthens the overall technological and strategic capabilities of the nation's defense sector.
This information is meant to be a general summary of Afcea - Washington Dc Chapter Educational 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 2024.
- Gross Receipts: $65,000
Assets and Liabilities:
- Total Assets: $57,888
- Total Liabilities: $88,500
- Net Assets: -$30,612
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Organization Details
Founding Year
1997
Principal Officer
Kevin Berce
Website
www.dc.afceachaptersNTEE Category
Code: B82 - Education
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