Overview
What is National Association Of Student Financial Aid Administrators?
The National Association of Student Financial Aid Administrators, headquartered in Washington D.C., is a distinguished nonprofit organization dedicated to fostering the professional growth of financial aid administrators. Committed to promoting education opportunities and providing valuable research information, NASFAA offers various initiatives. These initiatives encompass proactive educational programs, volunteer committees, and board meetings, which are often supported by travel, meals, and accommodations. NASFAA also plays a significant role in advocating for public policies that enhance student access and success. By serving as a forum for student financial aid issues, NASFAA contributes to an open dialogue and is steadfast in promoting diversity throughout all its activities. With a workforce of 46 individuals, NASFAA continues to make strides in the realm of student financial aid.
Official website here: www.nasfaa.org
What are the reviews and ratings of this charity?
The National Association Of Student Financial Aid Administrators (NASFAA) has achieved an impressive Four-Star out of Four Star rating from Charity Navigator, reflecting a strong overall score of 96%. This rating is based on a comprehensive assessment of the organization's fiscal responsibility, highlighting its financial health, sustainability, and trustworthiness.
NASFAA excels in several key governance and financial accountability areas, scoring maximum points for having an entirely independent board, strong audit and oversight practices, and robust policies on conflicts of interest, whistleblowing, and document retention. The organization's program expense ratio stands at a notable 86.33%, indicating efficient use of resources toward its mission.
However, one area of improvement for NASFAA could be the posting of its tax form (Form 990) on its website, a point where it scored zero. Despite this, the high scores in other areas portray a picture of an organization that operates with integrity and transparency, making it a reliable entity in the field of student financial aid administration. There are no user reviews on GreatNonprofits to provide additional public sentiment.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about National Association Of Student Financial Aid Administrators?
92% of 48 reviewers on Facebook recommend the National Association of Student Financial Aid Administrators. Here is a summary of their reviews:
Many users appreciate the organization for being a trustworthy source of accurate information regarding higher education financial aid. Reviewers highlight the reliability of the information provided, which is crucial for students navigating the complexities of financial aid options.
Overall, the sentiment towards this nonprofit is overwhelmingly positive, reflecting its effectiveness in delivering valuable resources and support to students and administrators alike. The organization's focus on providing essential guidance reinforces its reputation within the educational community.
This AI summary has been generated from reviews found on Facebook.
Is National Association Of Student Financial Aid Administrators legitimate?
National Association Of Student Financial Aid Administrators is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Association Of Student Financial Aid Administrators 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: $951,863
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,830,745
For more financial information, click here
Official website here: www.nasfaa.org
What is the mission statement of National Association Of Student Financial Aid Administrators?
The National Association of Student Financial Aid Administrators (NASFAA) is dedicated to promoting the development of financial aid administrators. They actively advocate for public policies that enhance student access and success. NASFAA serves as a platform for discussing student financial aid issues, demonstrating a commitment to diversity in all their activities. Their mission extends beyond this, aiming to provide proactive education opportunities and research information, thereby contributing significantly to the field of student financial aid.
Official website here: www.nasfaa.org
Who is the CEO of National Association Of Student Financial Aid Administrators?
Justin Draeger is the President/Ceo of National Association Of Student Financial Aid Administrators. The CEO's salary of National Association Of Student Financial Aid Administrators is $490,388 and their total compensation is $558,139.
Official website here: www.nasfaa.org
What is the revenue of National Association Of Student Financial Aid Administrators?
National Association Of Student Financial Aid Administrators's revenue in 2022 was $11,681,568.
Official website here: www.nasfaa.org
Who are the executives of National Association Of Student Financial Aid Administrators and what are their salaries?
The average compensation at National Association Of Student Financial Aid Administrators during 2022 was $82,231. There are 46 employees and 320 volunteers at National Association Of Student Financial Aid Administrators.
Here are 8 key members and their salaries (National Association Of Student Financial Aid Administrators's CEO's salary is $490,388 and their total compensation is $558,139):
- Compensation: $490,388
- Related: $0
- Other: $67,751
- Compensation: $160,319
- Related: $0
- Other: $37,171
- Compensation: $154,808
- Related: $0
- Other: $41,426
- Compensation: $183,047
- Related: $0
- Other: $17,557
- Compensation: $136,491
- Related: $0
- Other: $33,377
- Compensation: $121,913
- Related: $0
- Other: $27,353
- Compensation: $118,726
- Related: $0
- Other: $31,484
- Compensation: $116,480
- Related: $0
- Other: $16,258
Official website here: www.nasfaa.org
Where can I find the form 990 for National Association Of Student Financial Aid Administrators?
National Association Of Student Financial Aid Administrators's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nasfaa.org
Learn more at the official website: www.nasfaa.org
Mission Statement of National Association Of Student Financial Aid Administrators
The National Association of Student Financial Aid Administrators (NASFAA) is dedicated to several key objectives. Primarily, the organization focuses on the development of financial aid administrators, equipping them with the necessary skills and knowledge to effectively manage student financial aid. Beyond this, NASFAA advocates for public policies that enhance student access to education and boost their chances of success. The association serves as a platform for discussing student financial aid matters, fostering a collaborative environment among its members. Furthermore, NASFAA is deeply committed to promoting diversity in all its activities, ensuring that its initiatives are inclusive and representative of various perspectives.
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Impact
July, 2024
The National Association of Student Financial Aid Administrators has a significant impact on the field of student financial aid. By providing development opportunities for financial aid administrators, advocating for public policies that enhance student access and success, and serving as a forum on financial aid issues, NASFAA plays a crucial role in advancing education. Its commitment to diversity throughout all activities further underscores its dedication to equity and inclusion in higher education. Through its membership services, NASFAA offers proactive education opportunities, research information, and support for volunteer committees and boards, thus contributing to the professional growth and effectiveness of financial aid professionals. Overall, NASFAA's efforts contribute to creating a more accessible and supportive higher education environment for students.
This information is meant to be a general summary of National Association Of Student Financial Aid Administrators. 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: $582,465
- Program Service Revenue: $8,440,323
- Gross Receipts: $11,778,423
Assets and Liabilities:
- Total Assets: $20,879,146
- Total Liabilities: $7,118,710
- Net Assets: $13,760,436
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$5,527,829
CONFERENCE
Revenue
$1,514,395
PROFESSIONAL DEVELOPMENT
Revenue
$1,369,343
SERVICES CONTRACTS & OT
Revenue
$28,756
Organization Details
Founding Year
1973
Phone
(202) 785-0453Principal Officer
Justin Draeger
Main Address
1801 PENNSYLVANIA AVE NW 850, WASHINGTON, DC, 20006
Website
www.nasfaa.orgNTEE Category
Code: B82Z - Education
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