Overview
What is Industrial College Of The Armed Forces?
Industrial College of the Armed Forces (ICAF) is a nonprofit organization with a primary mission of promoting education and fostering networking activities. Located in Springfield, Virginia, ICAF sells clothing and souvenirs, which play an essential role in enhancing the overall college experience for members and distinguished guests, including military and civilian dignitaries. The association, known as ICAF - ES Alumni Association, exclusively operates for educational purposes, aiming to support and improve the prestigious educational program of the Industrial College of the Armed Forces. With a small team of four employees, ICAF's activities help promote welfare and contribute to the college's educational program.
Official website here: www.icaf-es-association.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating with an overall score of 65%). The rating indicates that while the Industrial College Of The Armed Forces has a solid financial foundation, there are significant areas requiring attention, particularly in governance and transparency practices.
The organization boasts a fully independent board and demonstrates sound financial management, evident from its high scores in areas such as material diversion of assets and liabilities to assets ratio. However, notable deficiencies exist in critical governance policies, including the absence of a conflict of interest policy, whistleblower policy, and document retention policy, which contributed to lower accountability scores.
Despite achieving a reasonable program expense ratio, the lack of transparency, such as not posting the tax form on its website, raises questions about its commitment to accountability. Addressing these governance concerns could enhance the nonprofit's credibility and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Industrial College Of The Armed Forces legitimate?
Industrial College Of The Armed Forces is a legitimate nonprofit organization registered as a 501(c)(3) entity. Industrial College Of The Armed Forces 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: $7,063
For more financial information, click here
Official website here: www.icaf-es-association.org
What is the mission statement of Industrial College Of The Armed Forces?
The Industrial College of the Armed Forces is driven by an association formed primarily for educational purposes. This organization seeks to promote the welfare and enhance the esteemed educational program of the Industrial College of the Armed Forces, specifically the Eisenhower School Alumni Association. The association's activities include selling ICAF clothing and souvenirs, which not only helps raise awareness for the educational organization but also fosters networking opportunities. Both members and prominent speakers, including military and civilian dignitaries, value the souvenirs as an integral part of the college experience.
Official website here: www.icaf-es-association.org
Who is the CEO of Industrial College Of The Armed Forces?
John R Sperling is the President of Industrial College Of The Armed Forces.
Official website here: www.icaf-es-association.org
What is the revenue of Industrial College Of The Armed Forces?
Industrial College Of The Armed Forces's revenue in 2022 was $50,735.
Official website here: www.icaf-es-association.org
Who are the executives of Industrial College Of The Armed Forces and what are their salaries?
The average compensation at Industrial College Of The Armed Forces during 2022 was $1,766. There are 4 employees at Industrial College Of The Armed Forces.
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Official website here: www.icaf-es-association.org
Where can I find the form 990 for Industrial College Of The Armed Forces?
Industrial College Of The Armed Forces's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.icaf-es-association.org
Learn more at the official website: www.icaf-es-association.org
Mission Statement of Industrial College Of The Armed Forces
The Industrial College of the Armed Forces, abbreviated as ICAF, is an educational organization with a mission to support and enhance its prestigious educational program. The association, exclusively formed for educational purposes, aims to promote the welfare of ICAF and its esteemed Eisenhower School Alumni Association. Through various activities, ICAF strives to foster networking among its members and distinguished speakers, both military and civilian. One of their primary methods of achieving this is by selling ICAF-branded clothing and souvenirs. These items not only serve as a means to promote awareness of the educational organization but also play a significant role in enhancing the college experience for its members.
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Impact
August, 2024
The impact of the Industrial College Of The Armed Forces, also known as the Eisenhower School, extends far beyond its educational programs. Through its promotion of welfare and enhancement of educational opportunities, the college plays a crucial role in shaping the future leaders of the armed forces and beyond. By providing a platform for networking activities and hosting national and international dignitary speakers, both military and civilian, the college fosters a rich environment for learning and collaboration. Additionally, the college's souvenir sales not only promote awareness of the educational organization but also serve as an important part of the college experience for its members. Overall, the Industrial College Of The Armed Forces has a significant influence on the education and development of military leaders, making a lasting impact on the armed forces and society as a whole.
This information is meant to be a general summary of Industrial College Of The Armed Forces. 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: $11,859
- Gross Receipts: $110,368
Assets and Liabilities:
- Total Assets: $897,540
- Total Liabilities: $2,469
- Net Assets: $895,071
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Organization Details
Founding Year
1980
Principal Officer
John R Sperling
Main Address
PO Box 5671, Springfield, VA, 221505671
Website
www.icaf-es-association.orgNTEE Category
Code: B84 - Education
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