Overview
What is Bradford Alumni Association Inc?
Bradford Alumni Association Inc is a nonprofit organization situated at 145 South Bradford Street, North Andover, Massachusetts 01845. Established with the aim to preserve and strengthen the principles instilled at Bradford College, the association actively engages its 8,200 alumni through newsletters and updates about reunions and their scholarship fund. The organization's mission is to support educational opportunities for students by managing a scholarship fund, enabling them to pursue higher education.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 50%, One-Star out of Four Star rating.
The Bradford Alumni Association Inc has received a low rating of 50%, indicating significant concerns regarding its accountability and financial practices. The charity's score reflects a complete lack of independent board members and missing essential governance policies such as conflict of interest, whistleblower, and document retention policies. These deficiencies raise red flags about the organization’s oversight and commitment to transparency.
Despite these governance issues, the organization has demonstrated a strong commitment to its programmatic efforts, as evidenced by a program expense ratio of 98.43%. This suggests that a substantial portion of its resources is dedicated to its mission rather than administrative costs. However, the absence of critical financial documents and lack of transparent governance practices may hinder potential donors' confidence in the association.
Overall, while the Bradford Alumni Association Inc is effectively delivering on its mission-related activities, the significant gaps in governance and accountability pose risks that potential supporters should carefully consider. Addressing these issues would be essential for improving their overall rating and building trust within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Bradford Alumni Association Inc legitimate?
Bradford Alumni Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bradford Alumni Association 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 Bradford Alumni Association Inc?
The Bradford Alumni Association Inc was established with the purpose of preserving and nurturing the principles instilled at Bradford College. One of its primary objectives is to manage and sustain a scholarship fund, aimed at helping students afford higher education. The organization keeps its alumni engaged through regular newsletters and updates on upcoming reunions and the scholarship fund's progress. By doing so, the Bradford Alumni Association Inc plays a significant role in supporting the educational aspirations of students.
Who is the CEO of Bradford Alumni Association Inc?
Clara Read is the President of Bradford Alumni Association Inc.
What is the revenue of Bradford Alumni Association Inc?
Bradford Alumni Association Inc's revenue in 2022 was $37,734.
Who are the executives of Bradford Alumni Association Inc and what are their salaries?
Here are 14 key members and their salaries:
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Where can I find the form 990 for Bradford Alumni Association Inc?
Bradford Alumni Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bradford Alumni Association Inc
The Bradford Alumni Association Inc, established with a mission to uphold the values nurtured at Bradford College, has dedicated its efforts to maintaining and fostering these principles. One of their primary objectives is to provide financial assistance to students who wish to attend college. To achieve this, the organization has established and continues to maintain a scholarship fund. The members of this association, comprising the 8,200 alumni of Bradford College, are regularly kept informed about the scholarship fund, as well as upcoming reunions through newsletters and other communication channels.
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Impact
August, 2024
The Bradford Alumni Association Inc has had a significant impact on supporting students in attending college through its scholarship fund. By engaging with the 8,200 alumni of Bradford College, the organization has been able to maintain and foster the values developed at the college while also providing financial assistance to current students. Through newsletters, reunions, and fundraising efforts, the association has created a network that continues to benefit students in pursuit of higher education.
This information is meant to be a general summary of Bradford Alumni Association 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: $64
- Gross Receipts: $37,734
Assets and Liabilities:
- Total Assets: $108,720
- Total Liabilities: $0
- Net Assets: $108,720
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Organization Details
Phone
(978) 886-4342Principal Officer
Clara Read
Main Address
145 SOUTH BRADFORD STREET, NORTH ANDOVER, MA, 01845
NTEE Category
Code: B82 - Education
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