Overview
What is American Federation For Children Growth Fund Inc?
American Federation for Children Growth Fund Inc is a nonprofit organization, previously known as Alliance for School Choice Inc, based in Columbia, Maryland. Their primary focus is on advocating for educational choice and innovation, specifically supporting school vouchers, scholarship tax credit programs, and educational savings accounts. They aim to break down barriers to educational choice, enabling lower-income families to select the best K-12 education for their children. The organization provides direct grants to non-profit organizations, enters into contracts with consultants, and incurs expenses within various states across the country to develop, grow, and implement school choice programs. They also run marketing and advertising campaigns to promote educational choice programs and raise awareness among eligible families.
Official website here: www.afcgrowthfund.org
What are the reviews and ratings of this charity?
American Federation For Children Growth Fund Inc. has received an impressive Four-Star out of Four Star rating from Charity Navigator, scoring 95%. This rating signifies strong performance in accountability and finance, reflecting that the organization has established robust governance and operational practices. Key areas contributing to the rating include a fully independent board, a strong program expense ratio, and effective oversight with no material diversions of assets.
The organization demonstrates excellent financial management with a substantial percentage of its revenue going directly to programs, showcasing a commitment to its mission. The absence of loans to officers and a low liabilities-to-assets ratio further enhance its financial stability. However, areas related to impact measurement and community engagement have not been scored, leaving some aspects of its effectiveness unassessed.
User reviews from GreatNonprofits were not accessible, but the organization’s high rating suggests overall positive sentiment regarding its operations and impact. Overall, while there are strengths in financial accountability and governance, further information on outreach and effectiveness is needed for a comprehensive evaluation.
This AI summary has been generated from information found on Charity Navigator.
Is American Federation For Children Growth Fund Inc legitimate?
American Federation For Children Growth Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Federation For Children Growth Fund 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.afcgrowthfund.org
What is the mission statement of American Federation For Children Growth Fund Inc?
The American Federation for Children Growth Fund Inc is an organization dedicated to promoting educational choice and innovation, with a particular focus on school vouchers, scholarship tax credit programs, and educational savings accounts. Their mission is to empower families, particularly lower-income families, with the freedom to choose the best K-12 education for their children. They achieve this by providing direct state support through grants to non-profit organizations, contracts with consultants, and various expenses within select states. Their activities aim to break down barriers to educational choice, enabling lower-income children to access the quality education necessary to reach their full potential. They also implement marketing and advertising programs to raise awareness of and increase participation in existing private school choice programs available to families.
Official website here: www.afcgrowthfund.org
Who is the CEO of American Federation For Children Growth Fund Inc?
Thomas Schultz is the Chairman of American Federation For Children Growth Fund Inc. The CEO's salary of American Federation For Children Growth Fund Inc is $0 and their total compensation is $362,481.
Official website here: www.afcgrowthfund.org
What is the revenue of American Federation For Children Growth Fund Inc?
American Federation For Children Growth Fund Inc's revenue in 2022 was $10,112,654.
Official website here: www.afcgrowthfund.org
Who are the executives of American Federation For Children Growth Fund Inc and what are their salaries?
There 11 volunteers at American Federation For Children Growth Fund Inc.
Here are 15 key members and their salaries (American Federation For Children Growth Fund Inc's CEO's salary is $0 and their total compensation is $362,481):
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- Related: $24,000
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- Related: $343,560
- Other: $18,921
- Compensation: $0
- Related: $236,330
- Other: $31,322
- Compensation: $0
- Related: $237,871
- Other: $46,032
Official website here: www.afcgrowthfund.org
Where can I find the form 990 for American Federation For Children Growth Fund Inc?
American Federation For Children Growth Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.afcgrowthfund.org
Learn more at the official website: www.afcgrowthfund.org
Mission Statement of American Federation For Children Growth Fund Inc
The American Federation for Children Growth Fund Inc is an organization dedicated to promoting educational choice and innovation. Their primary mission is to empower families, particularly lower-income families, with the freedom to select the best K-12 education for their children. By doing so, they aim to break down barriers to educational choice, enabling lower-income children to access the quality education necessary to reach their full potential.
To achieve this mission, the American Federation for Children Growth Fund Inc provides direct state support. This includes making grants to non-profit organizations, entering into contracts with consultants, and incurring expenses within various states across the country. These efforts are focused on developing, growing, and implementing school choice programs. Additionally, they engage in market and advertising initiatives, promoting educational choice programs. By targeting eligible families, they raise awareness of and increase participation in existing private school choice programs available to families in their respective states.
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Impact
July, 2024
The American Federation for Children Growth Fund Inc empowers families, especially lower-income families, with the freedom to choose the best K-12 education for their children. Through direct state support, the organization provides grants to non-profit organizations, contracts with consultants, and incurs expenses to develop, grow, and implement school choice programs across the country. By promoting school vouchers, scholarship tax credit programs, and educational savings accounts, the organization aims to break down barriers to educational choice and help children access the quality education necessary to reach their full potential. This creates a tangible impact by increasing awareness of and participation in existing private school choice programs among eligible families, ultimately expanding educational opportunities for children.
This information is meant to be a general summary of American Federation For Children Growth Fund 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: $37,279
- Gross Receipts: $10,187,682
Assets and Liabilities:
- Total Assets: $7,919,910
- Total Liabilities: $691,689
- Net Assets: $7,228,221
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Organization Details
Founding Year
1998
Phone
(202) 280-1990Principal Officer
Thomas Schultz
Main Address
10440 LITTLE PATUXENT PKWY 300-343, COLUMBIA, MD, 21044
Website
www.afcgrowthfund.orgNTEE Category
Code: B90 - Education
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