Overview
What is The Afas Group?
The Afas Group is a nonprofit organization dedicated to fostering and promoting community engagement through art. They manage a park for their programs and serve as an artistic sanctuary for the local community. Beyond this, they actively advocate for and support various art initiatives within the community, aiming to educate and celebrate its members. The organization's mission is centered around building, educating, and celebrating the community through artistic endeavors.
Official website here: www.theafasgroup.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, 70%)
The Afas Group has received a two-star rating from Charity Navigator, indicating a need for improvement in certain areas. While the organization shows strengths in having a fully independent board and maintains a favorable liabilities to assets ratio, the overall accountability and finance score sits at 70%. This suggests that while the charity is managing its funding reasonably well, there are significant gaps in governance practices that need addressing.
One notable strength is the high score in board independence and governance structure, which reflects a commitment to ethical oversight. However, the charity has been marked down for not having essential policies in place, including a conflict of interest policy and a whistleblower policy, both of which are crucial for operational transparency and accountability. Additionally, the absence of a document retention policy and the lack of posting tax forms on their website were also cited as weaknesses.
Overall, while The Afas Group demonstrates solid financial management with a program expense ratio of about 65%, the missing governance policies highlight areas that need urgent attention to enhance its operational integrity and donor confidence. Addressing these governance issues will be essential for improving its rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is The Afas Group legitimate?
The Afas Group is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Afas Group 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.theafasgroup.com
What is the mission statement of The Afas Group?
The Afas Group is dedicated to fostering and promoting community engagement through the medium of art. This mission is accomplished by constructing facilities for artistic programs, serving as an art park for the community, and providing support for local artistic endeavors. Furthermore, the organization strives to educate the community on the importance and impact of art, and celebrates the artistic achievements of its members.
Official website here: www.theafasgroup.com
Who is the CEO of The Afas Group?
Harry Knabb is the Chair of The Afas Group.
Official website here: www.theafasgroup.com
What is the revenue of The Afas Group?
The Afas Group's revenue in 2022 was $34,902.
Official website here: www.theafasgroup.com
Who are the executives of The Afas Group and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $12,500
- Related: $0
- Other: $0
Official website here: www.theafasgroup.com
Where can I find the form 990 for The Afas Group?
The Afas Group's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.theafasgroup.com
Learn more at the official website: www.theafasgroup.com
Mission Statement of The Afas Group
The Afas Group, with a mission deeply rooted in art, strives to build, educate, and celebrate community. They achieve this by actively engaging with the community, utilizing their resources to foster an artistic environment. The group manages a park specifically designed for their programs, transforming it into an art park for the local community to enjoy. Beyond this, The Afas Group is committed to supporting art within the community at large. Their work is dedicated to fostering a sense of unity and celebration through artistic expression.
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Impact
August, 2024
The Afas Group impacts the community by building, educating, and celebrating through art. They maintain a park for program use, providing a space for artistic expression and community engagement. Additionally, they support art in the community, fostering creative initiatives and cultural enrichment. Through their mission of building, educating, and celebrating community through art, The Afas Group plays a vital role in enhancing the cultural landscape of Winston-Salem, NC.
This information is meant to be a general summary of The Afas Group. 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: $6
- Program Service Revenue: $36,586
- Gross Receipts: $229,211
Assets and Liabilities:
- Total Assets: $5,390,389
- Total Liabilities: $5,236
- Net Assets: $5,385,153
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
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Revenue
$36,586
Organization Details
Founding Year
2007
Phone
(336) 416-0089Principal Officer
Harry Knabb
Main Address
630 N LIBERTY STREET, WINSTONSALEM, NC, 27101
Website
www.theafasgroup.comNTEE Category
Code: A20 - Arts
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