Our Finances
We investigate nonprofit transparency. We must be the most transparent nonprofit ourselves.
Our Commitment
AFNPT will exceed every transparency standard we apply to the organizations we investigate.
Under IRS rules (IRC § 6104(d)), tax-exempt organizations must make their Form 990 for the last three years and their exemption application available for public inspection. We go far beyond this minimum. We will publish all 990s since inception, audited financial statements, plain-language annual reports, and real-time governance documentation.
We are pursuing the GuideStar/Candid Platinum Seal of Transparency, which requires disclosure of mission, programs, leadership, goals/strategy, and results metrics.
Current Status
Pre-Incorporation Phase
AFNPT is currently in the pre-incorporation phase. We have not yet filed our 501(c)(3) application or received a determination letter. No donations are currently being solicited. When we begin accepting donations, all required state charitable solicitation registrations and disclosures will be in place. This page will be updated with our Form 1023 application, IRS determination letter, and all financial documents as they become available.
What We Will Publish
IRS Form 990s
Every annual filing since incorporation — not just the required three years
Upon filingForm 1023 Application
Our complete 501(c)(3) exemption application
Upon filingIRS Determination Letter
Our official tax-exempt status letter
Upon receiptAudited Financial Statements
Annual independent audit when revenue warrants it
AnnualAnnual Report
Plain-language summary of programs, expenses, and impact
AnnualBoard Meeting Minutes
Summary minutes from every board meeting
Per meetingExecutive Compensation
Full breakdown of all officer/director compensation — highlighted, not buried
AnnualRevenue Sources
Breakdown of contributions, grants, program revenue, and other income
AnnualGovernance Policies
The following governance policies will be adopted by AFNPT's board of directors and published here in full:
- Conflict of Interest Policy — Required by IRS for 501(c)(3) boards (Form 1023, Schedule H)
- Whistleblower Protection Policy — Best practice per Sarbanes-Oxley provisions applicable to nonprofits
- Document Retention and Destruction Policy — Required to avoid obstruction liability
- Gift Acceptance Policy — Conditions under which donations are accepted or declined
- Editorial Independence Policy — Required by INN membership standards
- Investment Policy — Guidelines for managing any reserve funds
- Executive Compensation Policy — Board process for setting and reviewing compensation
Key Financial Metrics We Will Report
Radical Self-Transparency
When AFNPT becomes a registered nonprofit, all board meetings will be livestreamed publicly. Every major decision, every budget allocation, and every strategic pivot will be made in full view of the people we serve. This is what real nonprofit transparency looks like.