Overview
What is Apec Family Foundation?
The Apec Family Foundation, headquartered in Atlanta, Georgia, is a nonprofit organization with a mission to offer enriching educational experiences for school-aged children. With a workforce of 135 individuals, their primary objective is to equip children with essential skills, fostering the development of intelligent, productive, and creative individuals. The foundation's activities are centered around providing advanced preparation for these young learners. Their location at 1099 Cascade Rd NW, Atlanta, GA, 30331, underscores their commitment to the community and the betterment of its youth.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 37% (Zero-Star out of Four Star rating) from Charity Navigator.
The Apec Family Foundation has received a low rating of 37% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The rating is solely based on the Accountability & Finance category, where the foundation scored poorly in several critical areas, including board independence and transparency in financial reporting.
The foundation has no independent board members, which raises questions about governance and oversight. Additionally, it lacks essential policies such as a conflict of interest policy, a whistleblower policy, and does not provide access to financial statements on its website. While it has a favorable liabilities to assets ratio, the absence of key documentation and independent oversight diminishes trust and accountability.
Despite managing to allocate nearly 60% of its expenses towards programs, the overall lack of transparency and governance practices poses a risk to stakeholders. The foundation's low score suggests it may struggle to meet the expectations of donors and the public regarding responsible management and ethical operations.
This AI summary has been generated from information found on Charity Navigator.
Is Apec Family Foundation legitimate?
Apec Family Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Apec Family Foundation 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: $312,000
Professional Fundraising Fees: $450
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Apec Family Foundation?
The APEC Family Foundation's mission, as stated, is to foster the advancement of school-aged children by preparing them to become well-rounded, productive individuals. The foundation aims to develop in these children a strong commitment to education, creativity, and personal growth. To achieve this, the APEC Family Foundation provides educational experiences that encourage critical thinking and foster the development of various skills. While the specific activities and programs offered by the foundation are not detailed, it is clear that their mission is focused on empowering young people to reach their full potential through education.
Who is the CEO of Apec Family Foundation?
Angelique Dutch is the Director of Apec Family Foundation.
What is the revenue of Apec Family Foundation?
Apec Family Foundation's revenue in 2022 was $4,965,816.
Who are the executives of Apec Family Foundation and what are their salaries?
The average compensation at Apec Family Foundation during 2022 was $2,311. There are 135 employees at Apec Family Foundation.
Here are 2 key members and their salaries:
- Compensation: $156,000
- Related: $0
- Other: $0
- Compensation: $156,000
- Related: $0
- Other: $0
Where can I find the form 990 for Apec Family Foundation?
Apec Family Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Apec Family Foundation
The Apec Family Foundation, with its mission, aims to prepare school-aged children for their future by fostering their development into astute, productive, educated, and creative individuals. This nonprofit organization focuses on providing advanced educational experiences that inspire and empower these young minds, thereby instilling in them a commitment to personal growth and community contribution. By investing in the educational journey of these children, the Apec Family Foundation seeks to build a brighter future, one learner at a time.
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Impact
October, 2024
The APEC Family Foundation significantly impacts the educational landscape for school-aged children in Atlanta, GA, by providing enriching educational activities. Its mission focuses on advanced preparation, aimed at cultivating astute, productive, educated, and creative individuals. By fostering a commitment to lifelong learning and personal development, the Foundation helps empower children, equipping them with the skills needed to succeed in an increasingly complex world. Through its programs, APEC Family Foundation plays a vital role in fortifying the educational foundation of the community, ensuring that every child has access to quality educational experiences that inspire and prepare them for future challenges.
This information is meant to be a general summary of Apec Family Foundation. 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: $12,291
- Program Service Revenue: $1,593,455
- Gross Receipts: $4,965,816
Assets and Liabilities:
- Total Assets: $2,429,569
- Total Liabilities: $434,028
- Net Assets: $1,995,541
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Revenue
Revenue
$1,593,455
Organization Details
Principal Officer
Angelique Dutch
Main Address
1099 Cascade Rd NW, ATLANTA, GA, 30331
NTEE Category
Code: T30 - Philanthropy
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