Federation of Associations of Regulatory Boards
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- Only 37% of its spending went to programs.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
TO ADVANCE EXCELLANCE IN REGULATION OF THE PROFESSIONS IN THE INTEREST OF PUBLIC PROTECTION.
- Income
- $226,006
- Spending
- $224,363
- Spent on programs
- 37%
- Reserves
- 0.6 months of spending
- Largest source of income
- fees for its services, 100%
- Employees
- 0
Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 18 out of 100.
Reserves
4 of 35Spendable reserves would cover 0.6 months of spending.
Debt
2 of 20It owes 77% of what it owns.
Living within its means
12 of 15Income exceeded spending by 1% of income.
Income trend
0 of 15Income fell 43% on the year before.
Spending floor
0 of 1537% of spending went to programs.
Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100.
Independent board
25 of 258 of 8 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $83,241 spent. THE ANNUAL FORIUM CONFERENCE IS OPEN TO MEMBERS AND NON-MEMBERS OF FARB ATTRACTING ATTENDANCE FROM NATIONAL ASSOCIATIONS, STATE BOARD MEMBERS, ATTORNEYS REPRESENTING A WIDE ARRAY OF LICENSED AND REGULATED PROFESSIONS, PARTICIPANTS COME FROM ALL PARTS OF NORTH AMERICA AND U S TERRITORIES. THE CONFERENCE SPANS THREE DAYS WITH PRESENTATIONS AND INTERACTIVE WORKSHOPS DEVOTED TO CURRENT ISSUES AND TRENDS THAT AFFECT PROFESSIONAL REGULATORS, AN ADDITIONAL COMPREHENSIVE TRAINING SESSION IS WELL ATTENDED BY PARTICIPANTS TO RECEIVE SPECIFIC BOARD MEMBER TRAINING. PARTICIPANTS MAY EARN CLE.
Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending March 2026.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 1974.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.