Overview
What is Afsa Education Foundation?
The Afsa Education Foundation, based in Washington D.C., is a nonprofit organization dedicated to promoting personal finance literacy. Their mission involves educating consumers of all ages on the benefits of responsible money management and the credit process. They achieve this through providing personal finance curricula to students in middle school, high school, and college. The foundation also offers leadership development programs, such as the AFSAEF Leadership Development Program, which focuses on enhancing leadership and management skills, and The EDGE program, which features sessions led by industry experts. These programs aim to equip participants with essential skills for success in their careers.
Official website here: www.afsaef.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating
The Afsa Education Foundation has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The foundation's overall score is based entirely on its Accountability & Finance metrics, with a perfect score of 100% in several key areas, demonstrating a commitment to transparency and ethical management.
The organization boasts a fully independent board of directors, with all 21 members meeting independence criteria, which enhances its governance structure. Additionally, the foundation excels in financial oversight, having undergone audits and displaying no material diversion of assets, further solidifying its credibility. A significant portion of its expenses (89.55%) is directed toward programs, reflecting a strong focus on fulfilling its mission.
There are no noted limitations in the data, indicating that the Afsa Education Foundation operates with high standards of ethics and effectiveness. Its comprehensive policies, including those related to conflict of interest and whistleblowing, contribute to its robust governance framework. Overall, the foundation appears to be a well-managed organization that effectively channels resources into its educational initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Afsa Education Foundation legitimate?
Afsa Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Afsa Education 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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Other Salaries and Wages: $103,996
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Official website here: www.afsaef.org
What is the mission statement of Afsa Education Foundation?
The Afsa Education Foundation's mission is centered around educating consumers of all ages on personal finance concepts and the importance of responsible money management. It aims to promote awareness of these skills and the credit process, ultimately helping individuals realize their benefits. The foundation provides personal finance curricula to students in middle school, high school, and college, as part of its mission to foster financial literacy. Additionally, it offers leadership and management development programs, focusing on topics such as leadership self-awareness, inclusive leadership, strategic thinking, ethics, team building, negotiations, and change simulation. These programs are designed to empower professionals in the financial services industry.
Official website here: www.afsaef.org
Who is the CEO of Afsa Education Foundation?
Rhonda Ashburn is the Director of Afsa Education Foundation.
Official website here: www.afsaef.org
What is the revenue of Afsa Education Foundation?
Afsa Education Foundation's revenue in 2022 was $1,338,350.
Official website here: www.afsaef.org
Who are the executives of Afsa Education Foundation and what are their salaries?
Here are 23 key members and their salaries:
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Official website here: www.afsaef.org
Where can I find the form 990 for Afsa Education Foundation?
Afsa Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.afsaef.org
Learn more at the official website: www.afsaef.org
Mission Statement of Afsa Education Foundation
The American Financial Services Association Education Foundation, commonly known as AFSAEF, is dedicated to educating consumers of all ages about personal finance concepts. Their primary objective is to enlighten individuals on the benefits of responsible money management and the credit process. Through their mission, they aim to promote awareness of personal money management skills and knowledge, believing that this understanding will significantly contribute to the wellbeing of consumers.
AFSAEF achieves this mission by providing personal finance curricula to students in middle school, high school, and college. By doing so, they equip the future generation with the necessary tools to manage their finances responsibly and understand the credit process. Their educational initiatives are designed to empower consumers, helping them make informed decisions about their financial future. By fostering an understanding of personal finance, AFSAEF plays a crucial role in promoting financial literacy and financial stability.
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Impact
July, 2024
The Afsa Education Foundation's impact is evident in its mission to educate consumers of all ages on personal finance concepts and help them realize the benefits of responsible money management. Through programs like the Leadership Development Program and The Edge program, the foundation aims to enhance individuals' leadership skills, ethical understanding, and industry knowledge. By promoting awareness of personal money management skills and providing personal finance curricula to students in middle school, high school, and college, the foundation plays a crucial role in empowering individuals to make informed financial decisions. In doing so, the Afsa Education Foundation contributes to the advancement of financial literacy and responsible credit management within the community.
This information is meant to be a general summary of Afsa Education 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: $213,847
- Program Service Revenue: $540,100
- Gross Receipts: $7,070,360
Assets and Liabilities:
- Total Assets: $8,421,256
- Total Liabilities: $66,656
- Net Assets: $8,354,600
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROFESSIONAL DEVELOPMENT
Revenue
$288,600
EDGE REGISTRATIONS
Revenue
$251,500
Organization Details
Founding Year
1990
Phone
(202) 466-8611Principal Officer
Rhonda Ashburn
Main Address
919 EIGHTEENTH STREET NW 300, WASHINGTON, DC, 200065503
Website
www.afsaef.orgNTEE Category
Code: A99Z - Arts
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