Financial
ECEF Financial Statements and Guidelines
ECEF is a non-profit organization that depends solely on the support of our generous members and our community. ECEF is not affiliated with any political party or government agency in the U.S. or abroad.
ECEF operates on the following sources: membership fees, education registration fees, providing services to the community, and fundraising. This organization develops an annual comprehensive operating budget which includes costs for all programs, management and fundraising and all sources of funding. This budget is reviewed and approved by the Board of Directors. ECEF periodically forecasts year-end revenues and expenses to assist in making sound management decisions during the year, and follows accounting practices which conform to accepted standards.
ECEF is managed by volunteers who are elected every two years by its members. Neither Board of Directors, Officers nor Committee Directors receive any salaries or compensations for their services.
Although ECEF membership is growing, the main source of funds comes from your generous donations that enable ECEF to operate and give its management hope and encouragement to continue serving the Iranian-American Community.