Overview
What is Afna Foundation Inc?
Afna Foundation Inc, headquartered in Washington D.C., is a nonprofit organization dedicated to extending assistance to individuals facing financial hardships. Their primary focus includes covering essential living expenses, medical costs, travel expenses in case of illness, and funeral expenses. Furthermore, the foundation offers educational scholarships to eight members of AFNA and certified DEA Task Force officers. Additionally, they participated in a fundraising event in New York City, gathering support from around 300 attendees.
Official website here: www.affna.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating
Afna Foundation Inc has received a score of 76%, reflecting a commendable level of accountability and financial management. This rating is derived exclusively from the Accountability & Finance beacon, indicating a strong focus on these areas. The foundation boasts a fully independent board, with 100% of its members meeting the criteria, and demonstrates excellent financial health with no material diversion of assets reported.
The organization excels with an impressive program expense ratio of 83.36%, suggesting that a significant majority of its resources are dedicated to its programs and mission. Additionally, the foundation maintains transparent practices, including the proper posting of its tax forms on its website. However, it has been noted that the organization lacks certain governance policies, such as a conflict of interest policy and a whistleblower policy, which could enhance its accountability.
Overall, while Afna Foundation Inc demonstrates strong financial stewardship and a commitment to its mission, addressing the identified governance policy gaps could further strengthen its operations and improve its standing among nonprofits.
This AI summary has been generated from information found on Charity Navigator.
Is Afna Foundation Inc legitimate?
Afna Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Afna Foundation 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.
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Official website here: www.affna.org
What is the mission statement of Afna Foundation Inc?
The Afna Foundation Inc's mission is centered around providing support to individuals in need. This support encompasses covering everyday living expenses, medical expenses, and travel expenses in case of illness, as well as providing financial assistance for funeral expenses. Furthermore, the foundation offers educational scholarships to members of AFNA and certified DEA Task Force officers. The organization has demonstrated its commitment to this mission by providing financial aid to numerous individuals and sponsoring a fundraising event in New York City.
Official website here: www.affna.org
Who is the CEO of Afna Foundation Inc?
Lawrence Mcellyn is the President of Afna Foundation Inc.
Official website here: www.affna.org
What is the revenue of Afna Foundation Inc?
Afna Foundation Inc's revenue in 2022 was $88,128.
Official website here: www.affna.org
Who are the executives of Afna Foundation Inc and what are their salaries?
Here are 9 key members and their salaries:
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Official website here: www.affna.org
Where can I find the form 990 for Afna Foundation Inc?
Afna Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.affna.org
Learn more at the official website: www.affna.org
Mission Statement of Afna Foundation Inc
Afna Foundation Inc is committed to extending a helping hand to individuals in need. Their mission, in essence, revolves around providing essential financial aid. This assistance encompasses everyday living expenses, medical expenses, and travel costs in the event of an illness. Furthermore, the organization extends its support to cover funeral expenses for those in need. Beyond financial aid, Afna Foundation Inc also offers educational scholarships to members of AFNA and certified DEA Task Force officers. This initiative serves as an investment in the future of these individuals, empowering them to pursue their educational goals and potentially make a positive impact in their respective fields. The Foundation's mission is a testament to its dedication to supporting individuals in times of need, and its commitment to fostering educational opportunities for its community members.
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Impact
October, 2024
Afna Foundation Inc has made a significant impact by addressing critical financial needs for individuals facing challenging circumstances. The foundation provides essential support for everyday living expenses, medical costs, travel expenses for families during illness, and funeral expenses. This assistance is vital for those who may find themselves in dire situations, offering both relief and stability during difficult times.
Moreover, the foundation has also contributed to educational advancement by awarding scholarships to eight members of AFNA and certified DEA Task Force officers. This investment in education not only empowers individuals but also enhances their ability to serve their communities effectively. The foundation's initiatives are further highlighted by their successful fundraising event in New York City, which attracted 300 attendees, raising awareness and support for their mission.
Through these efforts, Afna Foundation Inc has demonstrated a commitment to improving the quality of life for individuals in need, fostering both immediate support and long-term development opportunities.
This information is meant to be a general summary of Afna Foundation 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.
- Gross Receipts: $140,615
Assets and Liabilities:
- Total Assets: $105,962
- Total Liabilities: $0
- Net Assets: $105,962
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Organization Details
Founding Year
2018
Phone
(703) 729-6865Principal Officer
Lawrence Mcellyn
Main Address
700 13th Street NW 1200, Washington, DC, 20005
Website
www.affna.orgNTEE Category
Code: Y01 - Mutual benefit
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