Overview
What is Africa Community Exchange?
Africa Community Exchange, abbreviated as ACE, is a nonprofit organization situated in Midlothian, Virginia. Their primary goal is to offer a unique educational model that caters to the needs of youth who have been affected by conflict and disaster. By supporting Ann Sandell Independent School, a low-income, community-based primary school, ACE provides specialized teachers and educational resources. Their mission is to help these youth overcome the impacts of adversity, enabling them to lead more stable lives. This is achieved through annual funding and resources for the school. ACE, operating under the name ACE Liberia, remains committed to its mission in Africa, making a significant impact on the lives of vulnerable children.
Official website here: www.aceliberia.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Star Rating
Africa Community Exchange has achieved an impressive 100% score, resulting in a Four-Star rating from Charity Navigator. This rating reflects the organization's strong commitment to accountability and finance, as all metrics contributing to the score are centered on this aspect. The organization demonstrates exceptional governance practices with a fully independent board, a clear conflict of interest policy, and extensive documentation of board activities.
The charity's financial health is commendable, with a program expense ratio of 94.53%, indicating that a significant portion of its funds directly supports its mission. Additionally, the organization has no liabilities compared to its assets, showcasing sound financial management. The presence of a whistleblower policy and adherence to document retention guidelines further highlight the organization's commitment to transparency.
While the overall score is highly favorable, it is based solely on accountability and finance. This means that the impact of the programs and services provided by Africa Community Exchange is not reflected in the rating. However, the organization's strong governance and financial practices suggest it is well-positioned to efficiently utilize resources towards its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Africa Community Exchange legitimate?
Africa Community Exchange is a legitimate nonprofit organization registered as a 501(c)(3) entity. Africa Community Exchange 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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Official website here: www.aceliberia.org/
What is the mission statement of Africa Community Exchange?
Africa Community Exchange, as an organization, aims to establish a model of education that addresses the fundamental needs of youth who have been affected by disasters and conflicts. This educational approach seeks to help these young individuals regain a sense of normalcy in their lives and overcome the adverse impacts of such circumstances. The organization provides annual support to Ann Sandell Independent School, a low-income, community-based primary school, by funding specialty teachers and instructional supplies.
Official website here: www.aceliberia.org/
Who is the CEO of Africa Community Exchange?
Tonyehn Verkitus is the Board Of Director of Africa Community Exchange.
Official website here: www.aceliberia.org/
What is the revenue of Africa Community Exchange?
Africa Community Exchange's revenue in 2022 was $49,977.
Official website here: www.aceliberia.org/
Who are the executives of Africa Community Exchange and what are their salaries?
Here are 13 key members and their salaries:
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Official website here: www.aceliberia.org/
Where can I find the form 990 for Africa Community Exchange?
Africa Community Exchange's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aceliberia.org/
Learn more at the official website: www.aceliberia.org/
Mission Statement of Africa Community Exchange
Africa Community Exchange, a non-profit organization, is committed to providing a unique educational model that addresses the basic needs of youth affected by disaster and conflict. Their mission is to normalize these young individuals' lives, enabling them to overcome the challenges they face. To accomplish this, Africa Community Exchange provides annual support to Ann Sandell Independent School, a community-based primary school serving a low-income population. This support includes specialty teachers and instructional supplies, aiming to enhance the educational opportunities available to these students. By doing so, Africa Community Exchange works towards empowering these youth and helping them overcome the impact of adversity in their lives.
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Impact
August, 2024
Africa Community Exchange's impact lies in providing a transformative model of education for youth in need, particularly those affected by disaster and conflict. By supporting initiatives such as the Ann Sandell Independent School, ACE is able to provide essential resources like specialty teachers and instructional supplies to help these young individuals overcome adversity and build a brighter future. Through their work in Midlothian, VA, ACE is making a tangible difference in the lives of marginalized youth, empowering them to break the cycle of hardship and envision a path to success.
This information is meant to be a general summary of Africa Community Exchange. 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.
- Gross Receipts: $49,977
Assets and Liabilities:
- Total Assets: $35,951
- Total Liabilities: $0
- Net Assets: $35,951
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Organization Details
Founding Year
2006
Principal Officer
Tonyehn Verkitus
Main Address
PO BOX 444, Midlothian, VA, 23113
Website
www.aceliberia.org/NTEE Category
Code: Q30 - International
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