Overview
What is National Academy Of Human Resources Foundation?
The National Academy of Human Resources Foundation, based in Downers Grove, Illinois, is a nonprofit organization with a mission to advance the human resources profession. Established in 1994, the foundation accomplishes this objective by conducting various programs, projects, and studies that cater to the interests of its fellows and address the needs of the human resources profession, businesses, government, and society. The foundation sponsors symposia, provides scholarships, and conducts research. Its flagship program, the CHRO Academy, serves as a platform for top HR leaders to share knowledge with acclaimed experts and gain insights from CEOs and board members. The foundation's activities are funded through expenses such as mailings, printing, and technology for meetings. With a team of two dedicated individuals, the National Academy of Human Resources Foundation continues to contribute to the human resources profession by fostering knowledge exchange, fostering talent, and shaping the future of human resources.
Official website here: www.nationalacademyhr.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement)
The National Academy Of Human Resources Foundation has received a two-star rating, indicating that there are significant areas for improvement despite a relatively strong performance in accountability and finance. With a score of 73%, the organization demonstrates strengths such as a fully independent board and a solid program expense ratio of 87.89%, suggesting that a large portion of their funds is directed towards their programs rather than administrative costs.
However, the foundation faces challenges, particularly in financial transparency. It has not provided financial statements, which severely impacts its overall rating in this category. Additionally, the absence of critical policies such as conflict of interest and whistleblower protections raises concerns about governance practices within the organization.
While the organization exhibits commendable aspects in its structure and financial management, the lack of transparency and essential governance policies suggests that potential donors should consider these factors when evaluating the foundation. Addressing these limitations could help enhance its overall reputation and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is National Academy Of Human Resources Foundation legitimate?
National Academy Of Human Resources Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Academy Of Human Resources Foundation 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: $120,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $43,940
For more financial information, click here
Official website here: www.nationalacademyhr.org
What is the mission statement of National Academy Of Human Resources Foundation?
The National Academy of Human Resources Foundation, established in 1994, was created to enhance the human resources profession by conducting outreach initiatives and supporting programs, projects, and studies that align with the interests of its fellows and address the needs of the industry. The foundation achieves its objective by developing and funding unique programs and studies, leveraging the collective experience and wisdom of its fellows to benefit the human resources field in distinctive ways. Furthermore, through various programs and initiatives, the foundation aims to foster interest in the human resources profession among students and qualified individuals.
Official website here: www.nationalacademyhr.org
Who is the CEO of National Academy Of Human Resources Foundation?
Jill B Smart is the Trustee of National Academy Of Human Resources Foundation.
Official website here: www.nationalacademyhr.org
What is the revenue of National Academy Of Human Resources Foundation?
National Academy Of Human Resources Foundation's revenue in 2022 was $697,250.
Official website here: www.nationalacademyhr.org
Who are the executives of National Academy Of Human Resources Foundation and what are their salaries?
The average compensation at National Academy Of Human Resources Foundation during 2022 was $81,970. There are 2 employees and 17 volunteers at National Academy Of Human Resources Foundation.
Here are 18 key members and their salaries:
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Official website here: www.nationalacademyhr.org
Where can I find the form 990 for National Academy Of Human Resources Foundation?
National Academy Of Human Resources Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nationalacademyhr.org
Learn more at the official website: www.nationalacademyhr.org
Mission Statement of National Academy Of Human Resources Foundation
The National Academy of Human Resources Foundation was established with a mission to contribute further to the human resources profession by conducting outreach initiatives. This nonprofit organization, established in 1994, aims to accomplish its objective by developing and supporting unique programs and studies that enhance the human resources profession in distinctive ways. Utilizing the immense individual and collective experience and wisdom of its fellows, both active and retired, the foundation strives to promote interest in the human resources profession as a career. Through its various programs and initiatives, the National Academy of Human Resources Foundation endeavors to foster growth and development in students and qualified individuals interested in the human resources field.
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Impact
July, 2024
The National Academy of Human Resources Foundation aims to contribute to the profession of human resources through outreach initiatives, programs, projects, and studies. By leveraging the experience and wisdom of its fellows, both active and retired, the foundation develops and supports unique programs that enhance the human resources profession. Additionally, the foundation seeks to cultivate interest in the human resources profession as a career among students and other qualified individuals. Through activities such as sponsoring symposia, providing scholarships, and conducting research, the foundation plays a significant role in advancing the field of human resources and shaping the future of the profession.
This information is meant to be a general summary of National Academy Of Human Resources Foundation. 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: $96,038
- Program Service Revenue: $438,254
- Gross Receipts: $697,250
Assets and Liabilities:
- Total Assets: $3,829,903
- Total Liabilities: $297,285
- Net Assets: $3,532,618
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHRO ACADEMY
Revenue
$437,853
CHRO HR OFFICER BOOK R
Revenue
$401
Organization Details
Founding Year
1992
Phone
(630) 241-7993Principal Officer
Jill B Smart
Main Address
5420 CHALLEN PLACE, DOWNERS GROVE, IL, 60515
Website
www.nationalacademyhr.orgNTEE Category
Code: V22 - Social research
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