CharityWatch reduces the grade of any charity that has available assets equal to three to five years of operating expenses. Charities with "years of available assets" of more than five years receive an "F" grade regardless of other measurements. In CharityWatch's view, a reserve of less than three years is reasonable and does not affect a charity's grade. These reductions in grades are based solely on the charities' asset reserves as compared to budget. The CharityWatch definition of "years of available assets" includes funds currently available for the charity's use, including investments that the charity has set aside as a reserve but could choose to spend if it wanted to do so. American Indian College Fund's letter grade rating has been downgraded because it has 3 or more years of available assets.
See Our Process to learn more about how CharityWatch considers a charity’s asset reserves and the High Asset List for a list of charities whose ratings have been reduced due to high assets.
| Entity | Document Type | Tax ID |
|---|---|---|
| American Indian College Fund | Audited Financial Statements | 52-1573446 |
| American Indian College Fund | IRS Form 990 | 52-1573446 |
|
Entity: American Indian College Fund Document Type: Audited Financial Statements Tax ID: 52-1573446 |
|
Entity: American Indian College Fund Document Type: IRS Form 990 Tax ID: 52-1573446 |
| Name | Title | Compensation | |
|---|---|---|---|
| 1 | Cheryl Crazy Bull | President/CEO | $403,289 |
| 2 | Tamela A. Miller-Carlson | CFO | $236,301 |
| 3 | Nancy Jo Houk | Chief Marketing & Development Officer | $227,358 |
|
1 Name: Cheryl Crazy Bull Title: President/CEO Compensation: $403,289 |
|
2 Name: Tamela A. Miller-Carlson Title: CFO Compensation: $236,301 |
|
3 Name: Nancy Jo Houk Title: Chief Marketing & Development Officer Compensation: $227,358 |
According to the American Indian College Fund audit of June 30, 2023 (Note 9 re: Donated Services and In-Kind Contributions): "...During the year ended June 30, 2023, we received donated television airtime and magazine and newspaper print space, with a total estimated value of $3,389,194 to broadcast and publish our public service announcements." |
According to the American Indian College Fund audit of June 30, 2023 (Note 11, Related Party Transactions): "Certain members of our Board of Trustees also serve as tribal college presidents. Those colleges are eligible, along with all other tribal colleges, to receive scholarship and other direct funding awards from the College Fund. Typically, awards are distributed on an objective or equal basis among all the tribal colleges. During the fiscal year ended 2023, approximately $6 million was distributed to tribal colleges whose presidents also serve as Trustees for the College Fund. "During the year ended June 30, 2023, a member of our Board of Trustees served as an executive and owner of a company from which we purchased approximately $1.8 million of advertising, social media, and consulting services. In addition, during the year ended June 30, 2023, various members of the Board of Trustees made contributions to the College Fund totaling approximately $115k." |
According to the American Indian College Fund tax filing of June 30, 2023, IRS Form 990, Schedule L, Part IV, Business Transactions Involving Interested Persons: Vladimir Jones was paid $1,781,981 by American Indian College Fund. The "Relationship between Interested Person and Organization" is reported as "Entity owned more than 35% by a Board Member" The "Description of Transaction" is reported as "Provided consulting, social media, and advertising services" |