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American Academy Mcallister Institute Of Funeral Services Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 132590811 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is American Academy Mcallister Institute Of Funeral Services Inc?

American Academy Mcallister Institute of Funeral Services Inc, situated in New York City, serves as a vital educational hub for aspiring professionals in the funeral service field. Established over nine decades ago, the institute consistently educates around 300 students per semester and welcomes over 150 new students annually. The institute's primary mission is to nurture its students, enabling them to reach their full potential and pursue careers in the funeral service profession. It fosters an environment that promotes academic excellence, integrity, and ethical behavior, ensuring its students are well-equipped to face the challenges of the funeral industry. The institute's significant role in funeral service education has become increasingly important due to the high population density of the region it serves and the ongoing staffing shortage in the profession.


Official website here: www.funeraleducation.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 56%, One-Star out of Four Star rating.

The American Academy McAllister Institute of Funeral Services Inc has received a One-Star rating due to its low overall score of 56%, which reflects significant concerns in accountability and finance. The score is heavily weighted towards financial performance, and while the organization scores well in areas such as board independence and compliance with governance policies, it falls short in financial metrics that assess program expenses and liabilities.

Notably, the institute has a commendable structure with 81% independent board members and effective oversight mechanisms. However, its financial health appears to be a significant limitation, indicated by a low program expense ratio of 35.93%, suggesting that a small portion of its budget is directed towards its mission-related programs. Additionally, the missing tax form on its website raises transparency concerns, which could affect public trust and support.

In summary, while the organization demonstrates strong governance practices, its financial management and transparency issues contribute to its low rating. Potential donors and supporters may want to consider these factors when evaluating the effectiveness and reliability of the nonprofit.


This AI summary has been generated from information found on Charity Navigator.

Is American Academy Mcallister Institute Of Funeral Services Inc legitimate?

American Academy Mcallister Institute Of Funeral Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Academy Mcallister Institute Of Funeral Services 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $507,690
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,455,540

For more financial information, click here


Official website here: www.funeraleducation.org

What is the mission statement of American Academy Mcallister Institute Of Funeral Services Inc?

The American Academy McAllister Institute of Funeral Services Inc, as per its mission statement, is dedicated to educating its students, aiming to help them reach their full potential and pursue careers in the funeral service profession. The institution strives to create a learning environment that fosters educational excellence, upholds academic integrity, and encourages steadfastness and ethical behavior within the funeral profession. With over 90 years of experience leading in funeral service education, the Institute caters to and supports the educational needs of the funeral industry.


Official website here: www.funeraleducation.org

Who is the CEO of American Academy Mcallister Institute Of Funeral Services Inc?

Donald Cymbor is the Trustee of American Academy Mcallister Institute Of Funeral Services Inc.


Official website here: www.funeraleducation.org

What is the revenue of American Academy Mcallister Institute Of Funeral Services Inc?

American Academy Mcallister Institute Of Funeral Services Inc's revenue in 2022 was $6,126,960.


Official website here: www.funeraleducation.org

Who are the executives of American Academy Mcallister Institute Of Funeral Services Inc and what are their salaries?

The average compensation at American Academy Mcallister Institute Of Funeral Services Inc during 2022 was $33,849. There are 58 employees and 10 volunteers at American Academy Mcallister Institute Of Funeral Services Inc.


Here are 20 key members and their salaries:


Mary Margaret Dunn (Trustee)
  • Compensation: $56,971
  • Related: $0
  • Other: $13,375
Alexander Buchholz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary-Ellen Chiffriller (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theodore Jay Lee Jr (Trustee (Deceased 5/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Ayris Granby (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lizabeth S Konopka (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Flooks (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel B Mcmanus (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon P Taylor (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Bailey (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Brown (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Goldstein (Secretary)
  • Compensation: $38,930
  • Related: $0
  • Other: $0
Michael Mittenzwei (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Fraser (Vice President)
  • Compensation: $84,912
  • Related: $0
  • Other: $0
Donald Cymbor (President)
  • Compensation: $159,144
  • Related: $0
  • Other: $15,471
Andre Rampaul (Director/Admin)
  • Compensation: $126,423
  • Related: $0
  • Other: $10,635
Jaway Tso (Financial Specialist)
  • Compensation: $124,990
  • Related: $0
  • Other: $30,309
Brian Kasler (Director Continuing Ed)
  • Compensation: $112,189
  • Related: $0
  • Other: $21,270
George P Connick (President (Until 4/21))
  • Compensation: $132,913
  • Related: $0
  • Other: $0
Tracy M Lentz (Dir Of Operations (Until 7/21))
  • Compensation: $154,869
  • Related: $0
  • Other: $30,309


Official website here: www.funeraleducation.org

Where can I find the form 990 for American Academy Mcallister Institute Of Funeral Services Inc?

American Academy Mcallister Institute Of Funeral Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.funeraleducation.org

Learn more at the official website: www.funeraleducation.org

Mission Statement of American Academy Mcallister Institute Of Funeral Services Inc

The American Academy Mcallister Institute of Funeral Services, Inc. is dedicated to educating its students with the aim of preparing them for a successful career in the funeral service profession. This esteemed institution is committed to fostering an educational environment that encourages academic excellence, upholds academic integrity, and emphasizes steadfastness and ethical conduct within the funeral service sector. With over 90 years of experience in funeral service education, the American Academy Mcallister Institute of Funeral Services, Inc. fulfills and supports the educational requirements of the funeral industry. The institution's mission is to empower its students, enabling them to reach their full potential and achieve their goal of entering the funeral service profession.

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Impact




August, 2024

American Academy McAllister Institute of Funeral Services Inc plays a crucial role in educating students who aspire to enter the funeral service profession. With a consistent enrollment of over 150 new students each year and educating approximately 300 students per semester, the institute helps address the severe staffing shortage in the profession. As a leader in funeral service education for over 90 years, the institute's impact extends beyond its classrooms to supporting the educational needs of the funeral industry. By creating a learning environment that promotes educational excellence, academic integrity, and ethical behavior in the profession, the institute contributes to the preparation of future funeral service professionals who can fulfill a vital role in their communities.




This information is meant to be a general summary of American Academy Mcallister Institute Of Funeral Services 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.

Revenue
$6,126,960 (2022)
Expenses
$4,999,598 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $248
  • Program Service Revenue: $5,469,001
  • Gross Receipts: $6,126,960

Assets and Liabilities:

  • Total Assets: $4,990,914
  • Total Liabilities: $2,452,224
  • Net Assets: $2,538,690

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION

Revenue

$5,469,001

Organization Details

Founding Year

1926

Principal Officer

Donald Cymbor

Main Address

1501 BROADWAY 1102, NEW YORK, NY, 10036

NTEE Category

Code: B30Z - Education

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