Overview
What is Afip Inc?
Afip Inc, established in Colleyville, Texas, is a nonprofit organization dedicated to promoting ethical standards in the finance and insurance sector, with a primary focus on the automobile industry. They achieve this through various educational and communication programs. Afip Inc offers certification and continuing education courses to help finance and insurance managers uphold ethical practices within their respective roles. Their mission involves both educating and monitoring the conduct of these professionals to ensure a transparent and trustworthy industry. This nonprofit organization plays a crucial role in fostering ethical standards, contributing to a more reliable and responsible automobile finance and insurance sector.
Official website here: www.afip.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (54%)
Afip Inc has received a low rating of 54%, signaling significant concerns regarding its accountability and financial practices. The organization lacks independent board members and has not provided essential financial statements, which are critical for transparency. Additionally, it has several missing policies, including those for conflict of interest, whistleblower protection, and document retention, which raises flags about governance practices.
Despite these challenges, Afip Inc demonstrates a strong commitment to its programs, as indicated by a program expense ratio of 82.79%. This suggests that a substantial portion of its spending is directed towards fulfilling its mission. However, the material diversion of assets points to potential mismanagement, and stakeholders may find this concerning.
Overall, the lack of transparency and governance measures, coupled with the absence of independent oversight, positions Afip Inc as a nonprofit that requires significant improvement in its operational practices to build trust and ensure effective management of its resources.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Afip Inc?
100% of 17 reviewers on Facebook recommend this organization. Here is a summary of their reviews:
Many participants express a strong appreciation for the programs offered, highlighting the expertise and teaching style of the instructors. One reviewer mentioned the immense knowledge and experience of the teacher, Dave, which contributed positively to their learning experience.
Overall, individuals seem highly satisfied with the educational services provided by Afip Inc, viewing it as a valuable resource for those in management positions. The strong recommendation rate suggests that the nonprofit consistently meets the expectations of its attendees.
This AI summary has been generated from reviews found on Facebook.
Is Afip Inc legitimate?
Afip Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Afip 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: $487,397
For more financial information, click here
Official website here: www.afip.com
What is the mission statement of Afip Inc?
Afip Inc's mission is centered around promoting ethical standards and monitoring conduct within the field of finance and insurance management, primarily in the automobile industry. Their primary objective is to educate and communicate these principles, ensuring a high level of integrity in this sector. They also provide ongoing certification and continuing education programs to further foster their goals. In essence, Afip Inc serves to uphold ethical practices and maintain professional conduct among finance and insurance managers within the automobile industry.
Official website here: www.afip.com
Who is the CEO of Afip Inc?
David Robertson is the President of Afip Inc.
Official website here: www.afip.com
What is the revenue of Afip Inc?
Afip Inc's revenue in 2022 was $1,707,064.
Official website here: www.afip.com
Who are the executives of Afip Inc and what are their salaries?
The average compensation at Afip Inc during 2022 was $60,925. There are 8 employees at Afip Inc.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.afip.com
Where can I find the form 990 for Afip Inc?
Afip Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.afip.com
Learn more at the official website: www.afip.com
Mission Statement of Afip Inc
Afip Inc, a nonprofit organization, is dedicated to promoting ethical standards and monitoring conduct within the finance and insurance sector, primarily focusing on managers in the automobile industry. Their mission is multifaceted, encompassing education, communication, and advocacy. They strive to educate professionals in this field, equipping them with the necessary knowledge and skills. Furthermore, Afip Inc seeks to communicate these ethical standards effectively, ensuring that all relevant parties are aware of the expectations. Lastly, they monitor conduct to ensure adherence to these ethical standards, providing a mechanism for accountability. Their work is instrumental in fostering a responsible and ethical environment within the automobile finance and insurance industry.
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Impact
July, 2024
Afip Inc's impact lies in educating, communicating, promoting ethical standards, and monitoring the conduct of finance and insurance managers, primarily in the automobile industry. Through certification and continuing education courses, Afip aims to raise the ethical standards and professionalism within this sector. Their efforts contribute to creating a more transparent and trustworthy environment for consumers seeking financial and insurance services in the automobile industry.
This information is meant to be a general summary of Afip 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.
- Program Service Revenue: $1,693,425
- Gross Receipts: $1,707,064
Assets and Liabilities:
- Total Assets: $406,662
- Total Liabilities: $63,986
- Net Assets: $342,676
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COURSES
Revenue
$1,693,018
OTHER
Revenue
$407
Organization Details
Principal Officer
David Robertson
Main Address
4104 FELPS DRIVE, COLLEYVILLE, TX, 76034
Website
www.afip.comNTEE Category
Code: B99 - Education
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