Overview
What is Evangelical Council For Financial Accountability?
The Evangelical Council for Financial Accountability (ECFA) is a nonprofit organization situated in Winchester, Virginia. With a strong focus on accountability, ECFA annually reviews and accredits over 2,500 member churches and ministries across the United States based on compliance with its principles of responsible stewardship. Their mission is to strengthen trust in Christ-centered churches and ministries by providing educational resources such as articles, webinars, workshops, and tools on their website. ECFA's activities aim to promote transparency and ethics in financial management within their member organizations, ensuring they operate in accordance with the highest standards. With a team of 24 dedicated individuals, ECFA plays a crucial role in enhancing the credibility of the religious sector.
Official website here: www.ecfa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Evangelical Council For Financial Accountability (ECFA) has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial transparency. The charity's overall score is based solely on its stellar performance in the Accountability & Finance beacon, which is indicative of responsible fiscal management and ethical governance practices.
ECFA stands out for its governance structure, featuring a board comprised entirely of independent members, which promotes unbiased decision-making and oversight. The organization has demonstrated robust financial practices, including a high program expense ratio of 89.58%, signifying that a significant portion of its funds is directed toward its mission rather than administrative costs. Additionally, the absence of material diversion of assets and the presence of comprehensive policies such as conflict of interest and whistleblower protections further bolster its credibility.
While the data underscores many strengths, it is important for potential donors to consider how ECFA's financial practices translate into tangible outcomes for its beneficiaries. Overall, the charity's strong accountability measures and transparent operations contribute positively to its reputation in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Evangelical Council For Financial Accountability legitimate?
Evangelical Council For Financial Accountability is a legitimate nonprofit organization registered as a 501(c)(3) entity. Evangelical Council For Financial Accountability 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: $794,058
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,598,139
For more financial information, click here
Official website here: www.ecfa.org
What is the mission statement of Evangelical Council For Financial Accountability?
The Evangelical Council for Financial Accountability (ECFA) is committed to enhancing trust in Christ-centered churches and ministries. They accomplish this by annually reviewing and accrediting over 2,500 member organizations based on compliance with its standards of responsible stewardship. ECFA also provides educational resources through its website, webinars, and workshops conducted across the United States. The organization carries out its work in a biblically-based process of accountability, holding its Christ-centered members to high standards.
Official website here: www.ecfa.org
Who is the CEO of Evangelical Council For Financial Accountability?
Michael Martin is the Board Chairman of Evangelical Council For Financial Accountability.
Official website here: www.ecfa.org
What is the revenue of Evangelical Council For Financial Accountability?
Evangelical Council For Financial Accountability's revenue in 2020 was $4,790,236.
Official website here: www.ecfa.org
Who are the executives of Evangelical Council For Financial Accountability and what are their salaries?
The average compensation at Evangelical Council For Financial Accountability during 2020 was $99,675. There are 24 employees and 24 volunteers at Evangelical Council For Financial Accountability.
Here are 22 key members and their salaries:
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- Other: $25,973
Official website here: www.ecfa.org
Where can I find the form 990 for Evangelical Council For Financial Accountability?
Evangelical Council For Financial Accountability's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.ecfa.org
Learn more at the official website: www.ecfa.org
Mission Statement of Evangelical Council For Financial Accountability
The Evangelical Council for Financial Accountability (ECFA) is committed to enhancing trust in Christ-centered churches and ministries. This nonprofit organization carries out its mission by annually reviewing and accrediting over 2,500 member organizations based on their compliance with its standards of responsible stewardship. By doing so, ECFA aims to promote transparency and financial accountability within the Christian community.
Beyond its accreditation process, ECFA also provides educational resources to its members and the wider public. This includes information available on its website, as well as webinars and workshops conducted across the United States. Through these resources, ECFA seeks to educate and support its members in maintaining financial integrity and adhering to biblically-based principles of accountability. This holistic approach to financial stewardship and accountability is central to ECFA's mission of enhancing trust in Christ-centered churches and ministries.
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Impact
July, 2024
Evangelical Council For Financial Accountability enhances trust in Christ-centered churches and ministries by annually reviewing and accrediting over 2,500 member organizations based on compliance with its standards of responsible stewardship. Through educational resources provided on its website, webinars, and workshops conducted across the United States, ECFA promotes a biblically-based process of accountability among its Christ-centered members in Winchester, VA.
This information is meant to be a general summary of Evangelical Council For Financial Accountability. 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 2020.
- Investment Income: $15,034
- Program Service Revenue: $4,219,383
- Gross Receipts: $4,802,753
Assets and Liabilities:
- Total Assets: $4,988,846
- Total Liabilities: $1,015,170
- Net Assets: $3,973,676
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP FEES
Revenue
$4,195,100
APPLICATION FEES
Revenue
$24,283
Organization Details
Founding Year
1979
Phone
(540) 535-0103Principal Officer
Michael Martin
Main Address
440 WEST JUBAL EARLY DRIVE 100, WINCHESTER, VA, 22601
Website
www.ecfa.orgNTEE Category
Code: X20 - Religion related
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