Overview
What is Foreign Affairs Recreation Association?
The Foreign Affairs Recreation Association is a nonprofit organization situated in Washington D.C., specifically at 320 21ST STREET NW B640. With a membership of approximately 6,000 individuals, this organization focuses on promoting and executing comprehensive and integrated recreational and educational activities. Their mission aims to enhance the general welfare of their members by offering health and wellness programs. The association has a team of 16 dedicated employees working towards this cause.
Official website here: www.farastate.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58% (One-Star out of Four Stars)
The Foreign Affairs Recreation Association has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. While the organization excels in governance aspects such as having a fully independent board and maintaining documented board meeting minutes, it faces critical issues with financial transparency, as evidenced by the absence of financial statements and tax forms on its website.
Moreover, the organization has a high program expense ratio of 85.38%, which suggests that a substantial portion of its expenditures is directed towards its programs. However, this positive aspect is overshadowed by its liabilities to assets ratio of 167.12%, indicating potential financial instability. The lack of essential policies, such as conflict of interest and whistleblower protections, further contributes to the concerns surrounding its operational transparency.
In summary, while the Foreign Affairs Recreation Association demonstrates some strengths in board independence and program allocation, its poor financial transparency and absence of critical governance policies warrant caution for potential supporters. The overall rating reflects a need for improvements in these areas to build trust and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Foreign Affairs Recreation Association legitimate?
Foreign Affairs Recreation Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foreign Affairs Recreation Association 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: $138,556
Professional Fundraising Fees: $0
Other Salaries and Wages: $452,374
For more financial information, click here
Official website here: www.farastate.org
What is the mission statement of Foreign Affairs Recreation Association?
The Foreign Affairs Recreation Association's mission is centered around promoting and executing comprehensive and integrated recreation and educational activities. This is done with the aim of enhancing the general well-being of its approximately 6,000 members. The association provides a range of recreational and educational activities, including health and wellness programs, to cater to the needs of its diverse membership. The association's activities are designed to foster a sense of community and overall well-being among its members.
Official website here: www.farastate.org
Who is the CEO of Foreign Affairs Recreation Association?
Clement Jackson is the Chairperson of Foreign Affairs Recreation Association.
Official website here: www.farastate.org
What is the revenue of Foreign Affairs Recreation Association?
Foreign Affairs Recreation Association's revenue in 2022 was $1,147,744.
Official website here: www.farastate.org
Who are the executives of Foreign Affairs Recreation Association and what are their salaries?
The average compensation at Foreign Affairs Recreation Association during 2022 was $36,933. There are 16 employees and 8 volunteers at Foreign Affairs Recreation Association.
Here are 12 key members and their salaries:
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- Compensation: $125,694
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- Other: $12,862
Official website here: www.farastate.org
Where can I find the form 990 for Foreign Affairs Recreation Association?
Foreign Affairs Recreation Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.farastate.org
Learn more at the official website: www.farastate.org
Mission Statement of Foreign Affairs Recreation Association
Foreign Affairs Recreation Association, or FARA, is dedicated to promoting and executing comprehensive and integrated recreation and education activities for the benefit of its approximately 6,000 members. The organization's mission is to enhance the general welfare of its membership by providing a variety of recreational and educational activities, including health and wellness programs. FARA is committed to improving the lives of its members through these activities, aiming to foster a sense of community and personal growth.
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Impact
July, 2024
Foreign Affairs Recreation Association's impact is significant in promoting the well-being and education of its approximately 6,000 members in Washington, DC. By providing a range of recreational and educational activities, including those focused on health and wellness, FARA plays a crucial role in enhancing the overall welfare of its diverse membership. This organization's efforts contribute to a sense of community, personal growth, and improved quality of life for its members.
This information is meant to be a general summary of Foreign Affairs Recreation Association. 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: $1
- Program Service Revenue: $1,147,743
- Gross Receipts: $1,147,744
Assets and Liabilities:
- Total Assets: $299,111
- Total Liabilities: $499,900
- Net Assets: -$200,789
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARKING
Revenue
$950,213
FITNESS CENTER
Revenue
$144,484
CONCESSIONS/VENDORS
Revenue
$47,740
MEMBERSHIP DUES
Revenue
$5,306
Organization Details
Founding Year
1958
Phone
(202) 530-5752Principal Officer
Clement Jackson
Main Address
320 21ST STREET NW B640, WASHINGTON, DC, 20520
Website
www.farastate.orgNTEE Category
Code: E70 - Health
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