Overview
What is Distributors Education Foundation Inc?
Distributors Education Foundation Inc, based in Reston, Virginia, is a nonprofit organization dedicated to enriching the knowledge of individuals within the distribution industry. They achieve this through conducting educational seminars, webinars, and providing related materials. Their mission is to offer educational programs specifically tailored for convenience products distributors, benefiting approximately 250 individuals. The foundation's primary goal is to contribute to the growth and development of this sector, ensuring its continuous success.
Official website here: www.cdaweb.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
The Distributors Education Foundation Inc has received a solid Three-Star rating from Charity Navigator, reflecting a score of 76%. This rating is primarily based on the Accountability & Finance category, where the foundation has demonstrated strengths such as a fully independent board and no reported material diversion of assets, showcasing its commitment to transparency and responsible governance.
The organization excels with a program expense ratio of 82.09%, indicating that a significant portion of its expenses is allocated directly to its programs. However, the foundation has notable gaps in its governance practices, such as the absence of a conflict of interest policy and whistleblower policy, which could impact its accountability framework.
Overall, while the foundation's financial practices are commendable, the lack of certain key policies suggests areas for improvement that could enhance its operational transparency and governance effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Distributors Education Foundation Inc legitimate?
Distributors Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Distributors Education Foundation Inc 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: $0
For more financial information, click here
Official website here: www.cdaweb.net
What is the mission statement of Distributors Education Foundation Inc?
The Distributors Education Foundation Inc is committed to providing educational programs specifically for individuals in the convenience products distribution industry. Their mission is accomplished through offering seminars, webinars, and distributing educational materials. These initiatives aim to promote knowledge and understanding within this sector, benefitting approximately 250 individuals.
Official website here: www.cdaweb.net
Who is the CEO of Distributors Education Foundation Inc?
Kimberly Bolin is the Chair Emeritus of Distributors Education Foundation Inc. The CEO's salary of Distributors Education Foundation Inc is $0 and their total compensation is $379,726.
Official website here: www.cdaweb.net
What is the revenue of Distributors Education Foundation Inc?
Distributors Education Foundation Inc's revenue in 2022 was -$152,724.
Official website here: www.cdaweb.net
Who are the executives of Distributors Education Foundation Inc and what are their salaries?
There 6 volunteers at Distributors Education Foundation Inc.
Here are 40 key members and their salaries (Distributors Education Foundation Inc's CEO's salary is $0 and their total compensation is $379,726):
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Official website here: www.cdaweb.net
Where can I find the form 990 for Distributors Education Foundation Inc?
Distributors Education Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cdaweb.net
Learn more at the official website: www.cdaweb.net
Mission Statement of Distributors Education Foundation Inc
Distributors Education Foundation Inc is committed to providing educational programs for individuals in the convenience products distribution industry. Their mission, in simple terms, is to enhance the knowledge and skills of these professionals through seminars, webinars, and educational materials. By doing so, the foundation aims to benefit approximately 250 individuals in this field, contributing to the overall growth and development of the convenience products distribution industry.
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Impact
October, 2024
Distributors Education Foundation Inc significantly enhances the knowledge and skills of individuals within the convenience products distribution industry. By offering educational seminars, webinars, and comprehensive materials, the foundation equips approximately 250 industry professionals with essential insights and expertise. This commitment to education fosters a more informed workforce, leading to improved practices and innovations within the distribution sector. Situated in Reston, VA, the foundation's mission to elevate educational standards helps strengthen the overall effectiveness and competence of the industry, ultimately benefiting the broader community.
This information is meant to be a general summary of Distributors Education Foundation Inc. 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: -$152,724
- Gross Receipts: $4,097,558
Assets and Liabilities:
- Total Assets: $4,670,373
- Total Liabilities: $630
- Net Assets: $4,669,743
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Organization Details
Founding Year
1991
Phone
(703) 208-3358Principal Officer
Kimberly Bolin
Main Address
11250 ROGER BACON DRIVE, RESTON, VA, 20190
Website
www.cdaweb.netNTEE Category
Code: B82Z - Education
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