Overview
What is Alliance Charitable Foundation Inc?
Alliance Charitable Foundation Inc, established in 2000, is a nonprofit organization based in Amesbury, Massachusetts. Its primary focus is on enhancing the aesthetic appeal of the downtown area while fostering economic and community development within the city. The foundation works closely with local citizens to achieve these goals, contributing significantly to Amesbury's overall growth and vitality.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating
The Alliance Charitable Foundation Inc has achieved a commendable score of 94%, earning it a Four-Star rating from Charity Navigator. This rating reflects the organization’s strong performance in accountability and finance, where it has demonstrated transparency and effective governance practices. The presence of a fully independent board, with all 16 members meeting this criterion, highlights the foundation’s commitment to integrity and oversight.
The foundation exhibits excellent financial management, evidenced by a 0.00% liabilities to assets ratio and a program expense ratio of 80.20%. This indicates that the majority of its resources are directed towards its charitable programs, ensuring that funds are utilized effectively to serve its mission. The organization also maintains robust policies, including conflict of interest and whistleblower policies, which further enhance its operational reliability.
Despite its strong ratings and practices, the foundation's overall impact and the specific areas of its charitable work were not detailed in the available data. This might limit potential donors’ understanding of the foundation's specific contributions to the community or the causes it supports. Overall, the Alliance Charitable Foundation Inc stands out as a responsible and well-managed nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Alliance Charitable Foundation Inc legitimate?
Alliance Charitable Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alliance Charitable Foundation Inc 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.
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What is the mission statement of Alliance Charitable Foundation Inc?
The Alliance Charitable Foundation Inc, established in 2000, has a mission to enhance the aesthetics of the downtown area while fostering economic and community development. The organization's primary goal is to collaborate with the local community to beautify the downtown sector and contribute to its overall growth and prosperity.
Who is the CEO of Alliance Charitable Foundation Inc?
Monique Griffin is the Director of Alliance Charitable Foundation Inc.
What is the revenue of Alliance Charitable Foundation Inc?
Alliance Charitable Foundation Inc's revenue in 2022 was $42,054.
Who are the executives of Alliance Charitable Foundation Inc and what are their salaries?
There 5 volunteers at Alliance Charitable Foundation Inc.
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- Related: $67,692
- Other: $6,472
Where can I find the form 990 for Alliance Charitable Foundation Inc?
Alliance Charitable Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Alliance Charitable Foundation Inc
Alliance Charitable Foundation Inc, established in 2000, is committed to enhancing the aesthetic appeal and fostering the economic and community growth of its local area. The organization's primary mission is to collaborate with the community to revitalize the downtown sector, thereby contributing to the overall development of Amesbury, Massachusetts.
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Impact
August, 2024
Alliance Charitable Foundation Inc's impact can be seen in the beautification of the downtown area and the support for economic and community development in Amesbury, Massachusetts. Since 2000, the organization has worked closely with citizens to enhance the aesthetics of the city center and drive forward initiatives that strengthen the local economy and community. Through its philanthropic efforts, Alliance Charitable Foundation Inc has played a key role in fostering a more vibrant and prosperous environment in Amesbury.
This information is meant to be a general summary of Alliance Charitable Foundation Inc. 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 2022.
- Investment Income: $40,257
- Gross Receipts: $42,054
Assets and Liabilities:
- Total Assets: $674,339
- Total Liabilities: $25,803
- Net Assets: $648,536
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Organization Details
Founding Year
1999
Phone
(978) 388-3178Principal Officer
Monique Griffin
Main Address
5 Market Square, Amesbury, MA, 01913
NTEE Category
Code: T12 - Philanthropy
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