Overview
What is Americans For Financial Reform Education Fund?
Americans for Financial Reform Education Fund is a nonprofit organization situated in Washington D.C. Their primary goal is to promote a fair and equitable financial system that fosters shared prosperity for all families and communities. They accomplish this through public education and communications, engaging various audiences including allies, opinion leaders, policymakers, and media. They provide information and analysis on various finance-related issues, such as high-cost lending and investor protections. The organization also plays a crucial role in building and maintaining a broad nonpartisan coalition, bringing together more than 200 civil rights, consumer, labor, investor, small business, and civic organizations. By connecting these diverse groups, they create an infrastructure for sharing information, experiences, insights, and strategies to advance economic and racial justice priorities. In addition to coalition-building, Americans for Financial Reform Education Fund conducts policy analysis and development. They evaluate proposed regulations from financial regulatory bodies like the CFPB, Federal Reserve, FDIC, SEC, and CFTC, and write comment letters advocating for consumer and investor protection, financial stability, and accountability. They also testify as experts before Congress and convene public policy discussions. Their work has garnered significant attention, with thousands of mentions in the press and social media. With a staff of 51 dedicated individuals, Americans for Financial Reform Education Fund continues to advocate for a just financial system that serves the needs of all families and communities.
Official website here: www.realbankreform.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 97% - Four-Star out of Four Star Rating
Americans For Financial Reform Education Fund has received an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. This high score indicates a well-managed organization with transparent practices and efficient operations, which is essential for building trust among donors and stakeholders.
The organization showcases several strengths, including an independent board with 88% of members being independent, which enhances governance and oversight. It has achieved perfect scores in several key areas, such as its financial statements, conflict of interest policy, and whistleblower protections, indicating a robust commitment to ethical standards and financial integrity.
However, while the organization excels in financial management with an impressive program expense ratio of 85.11% and minimal liabilities, ongoing reviews and transparency will be vital to maintain this high level of trust and effectiveness. Overall, Americans For Financial Reform Education Fund is positioned well for continued impact in its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Americans For Financial Reform Education Fund legitimate?
Americans For Financial Reform Education Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Americans For Financial Reform Education Fund 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: $294,005
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,222,001
For more financial information, click here
Official website here: www.realbankreform.org
What is the mission statement of Americans For Financial Reform Education Fund?
The Americans For Financial Reform Education Fund aims to establish a fair and just financial system that promotes shared prosperity for all families and communities. Their activities involve providing educational materials and insights on various finance and financial markets-related topics to a wide audience, including policymakers and the general public. They strive to build public support for significant financial system reforms, fostering a coalition of over 200 civil rights, consumer, labor, investor, and community-based organizations. The organization analyzes policy proposals and writes regulatory comment letters advocating for consumer protection, financial stability, and accountability, testifying before Congress, and convening public policy discussions. Their goal is to halt financial sector abuses impacting economically vulnerable families and communities, reversing the growing inequality resulting from unchecked financialization and speculation.
Official website here: www.realbankreform.org
Who is the CEO of Americans For Financial Reform Education Fund?
Lisa Donner is the Managing Director Of Communic of Americans For Financial Reform Education Fund.
Official website here: www.realbankreform.org
What is the revenue of Americans For Financial Reform Education Fund?
Americans For Financial Reform Education Fund's revenue in 2022 was $3,427,093.
Official website here: www.realbankreform.org
Who are the executives of Americans For Financial Reform Education Fund and what are their salaries?
The average compensation at Americans For Financial Reform Education Fund during 2022 was $49,333. There are 51 employees at Americans For Financial Reform Education Fund.
Here are 19 key members and their salaries:
- Compensation: $160,622
- Related: $0
- Other: $19,506
- Compensation: $159,160
- Related: $0
- Other: $16,102
- Compensation: $134,845
- Related: $0
- Other: $25,579
- Compensation: $118,231
- Related: $0
- Other: $7,685
- Compensation: $117,500
- Related: $0
- Other: $7,638
- Compensation: $111,537
- Related: $0
- Other: $12,892
- Compensation: $116,788
- Related: $0
- Other: $7,591
- Compensation: $110,240
- Related: $0
- Other: $13,730
- Compensation: $100,043
- Related: $0
- Other: $22,041
- Compensation: $107,350
- Related: $0
- Other: $13,518
- Compensation: $106,204
- Related: $0
- Other: $11,226
- Compensation: $106,719
- Related: $0
- Other: $10,664
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.realbankreform.org
Where can I find the form 990 for Americans For Financial Reform Education Fund?
Americans For Financial Reform Education Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.realbankreform.org
Learn more at the official website: www.realbankreform.org
Mission Statement of Americans For Financial Reform Education Fund
Americans For Financial Reform Education Fund is dedicated to establishing a financial system that fosters shared prosperity for all families and communities. The organization's mission is threefold: it engages in public education and communications to inform various audiences, including policymakers, opinion leaders, and the general public, about finance and financial markets-related matters. It strives to build public support for substantial reforms towards a just and accountable financial system.
In addition to its educational efforts, Americans For Financial Reform Education Fund also plays a crucial role in bringing together a diverse coalition of over 200 civil rights, consumer, labor, investor, small business, and civic and community-based organizations. This coalition aims to develop and share information, insights, tools, tactics, and strategies to advance economic and racial justice priorities in the financial sector.
The organization also analyzes policy proposals in the financial space and advocates for consumer and investor protection, financial stability, big bank accountability, increased transparency, and an end to racial discrimination. It writes regulatory comment letters, testifies before Congress, and convenes public policy conversations to develop and propose policy solutions to stop financial sector abuses that disproportionately affect economically vulnerable families and communities. The ultimate goal of Americans For Financial Reform Education Fund is to create a fair and just financial system that contributes to shared prosperity for all families and communities.
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Impact
July, 2024
Americans For Financial Reform Education Fund's impact is significant in its mission to create a fair and just financial system that contributes to shared prosperity for all families and communities. Through public education and communications efforts, they provide information and analysis on various finance-related matters, resulting in thousands of mentions in the press and social media.
Additionally, by building and maintaining a broad coalition of over 200 civil rights, consumer, labor, investor, small business, and community-based organizations, they work towards developing and advancing economic and racial justice priorities to reform the financial system. Their policy analysis and development activities involve analyzing regulatory and legislative proposals, advocating for consumer and investor protection, financial stability, transparency, and accountability. They also testify before Congress as experts and work with allies to propose policy solutions that address financial sector abuses and growing inequality.
This information is meant to be a general summary of Americans For Financial Reform Education Fund. 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: $68,103
- Gross Receipts: $3,427,093
Assets and Liabilities:
- Total Assets: $7,519,746
- Total Liabilities: $1,181,196
- Net Assets: $6,338,550
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Organization Details
Founding Year
2018
Principal Officer
Lisa Donner
Main Address
1615 L Street NW STE 450, Washington, DC, 20036
Website
www.realbankreform.orgNTEE Category
Code: W05 - Public benefit
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