Overview
What is Federal Funds Information For States Incorporated?
Federal Funds Information For States Incorporated is a nonprofit organization dedicated to sharing comprehensive federal budget information with state governments. Their primary mission is to offer insightful analysis and details about federal budgets to assist states in making informed decisions. By providing this crucial information, they aim to facilitate better understanding and effective utilization of federal funds by state entities.
Official website here: www.ffis.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
Federal Funds Information For States Incorporated has achieved a remarkable Four-Star rating from Charity Navigator, indicating strong accountability and financial health. The organization's overall score is derived from a comprehensive evaluation of its financial practices, with a perfect score in critical areas such as independent oversight and the management of assets. This high rating reflects the organization’s commitment to transparency and effective governance.
The nonprofit boasts a fully independent board and excellent fiscal management, evidenced by high scores across various metrics, including an impressive program expense ratio of 89.66%. This indicates that a significant portion of its funding is directed toward its mission rather than administrative costs. The organization has also implemented essential policies, such as conflict of interest and whistleblower protections, contributing to its positive governance.
While the organization demonstrates considerable strengths, the data does not highlight specific areas for improvement. Nonetheless, the consistent scoring on important financial indicators suggests that Federal Funds Information For States Incorporated is well-positioned to continue its impactful work in supporting state-level funding initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Federal Funds Information For States Incorporated legitimate?
Federal Funds Information For States Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Federal Funds Information For States Incorporated 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: $206,205
Professional Fundraising Fees: $0
Other Salaries and Wages: $339,350
For more financial information, click here
Official website here: www.ffis.org/
What is the mission statement of Federal Funds Information For States Incorporated?
Federal Funds Information For States Incorporated's mission is centered around providing comprehensive analysis and dissemination of federal budget information to various state entities. Their primary objective is to equip states with detailed federal budget data, facilitating informed decision-making within these administrative bodies. By offering this service, they aim to bridge the gap between federal budget policies and their practical implementation at the state level.
Official website here: www.ffis.org/
Who is the CEO of Federal Funds Information For States Incorporated?
Marcia Howard is the Board Chair of Federal Funds Information For States Incorporated.
Official website here: www.ffis.org/
What is the revenue of Federal Funds Information For States Incorporated?
Federal Funds Information For States Incorporated's revenue in 2022 was $850,785.
Official website here: www.ffis.org/
Who are the executives of Federal Funds Information For States Incorporated and what are their salaries?
The average compensation at Federal Funds Information For States Incorporated during 2022 was $109,111. There are 5 employees at Federal Funds Information For States Incorporated.
Here are 8 key members and their salaries:
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- Compensation: $188,244
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- Other: $19,808
- Compensation: $139,971
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- Other: $14,160
Official website here: www.ffis.org/
Where can I find the form 990 for Federal Funds Information For States Incorporated?
Federal Funds Information For States Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ffis.org/
Learn more at the official website: www.ffis.org/
Mission Statement of Federal Funds Information For States Incorporated
Federal Funds Information For States Incorporated, often referred to as FFIS, is a nonprofit organization with a primary mission to disseminate federal budget information to state entities. This mission is twofold, involving the provision of both federal budget data and analysis to states. By doing so, FFIS plays a crucial role in enabling states to make informed decisions regarding the allocation of resources and the development of budgetary policies. The organization's objective is to foster transparency and understanding in the budgetary processes of various state governments, thereby contributing to more effective and efficient use of federal funds.
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Impact
July, 2024
Federal Funds Information for States Incorporated's impact lies in its crucial role of providing federal budget information and analysis to states. This enables state governments to make informed decisions about budget allocations, policy priorities, and resource management. By serving as a valuable resource for state officials, the organization empowers them to navigate the complex federal budget landscape effectively and advocate for their states' needs. This ultimately ensures that states receive the necessary funding and support from the federal government to address key issues and deliver essential services to their residents.
This information is meant to be a general summary of Federal Funds Information For States Incorporated. 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: $3,097
- Program Service Revenue: $847,688
- Gross Receipts: $1,072,032
Assets and Liabilities:
- Total Assets: $891,593
- Total Liabilities: $341,138
- Net Assets: $550,455
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
State Dues Revenue
Revenue
$709,660
Subscriptions
Revenue
$138,028
Organization Details
Founding Year
1996
Phone
(202) 624-5849Principal Officer
Marcia Howard
Main Address
444 North Capitol Street NW 642, Washington, DC, 200011511
Website
www.ffis.org/NTEE Category
Code: W20 - Public benefit
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