Overview
What is Alpha Nu Education Foundation?
The Alpha Nu Education Foundation is a dedicated nonprofit organization, located in Missoula, Montana. Its primary mission is to enhance the educational opportunities of its affiliated members from the Alpha Nu chapter of Kappa Alpha Theta at the University of Montana. This is achieved through various initiatives, including fundraising for scholarships, improving internet and computer facilities within the chapter house, and making other educational enhancements. The foundation's capital campaign aims to provide these resources, thereby supporting the higher education goals of its members.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 40% (Zero-Star out of Four Star rating)
The Alpha Nu Education Foundation has received a low score of 40%, resulting in a Zero-Star rating. This indicates significant concerns regarding the organization’s overall financial health and operational transparency. While the foundation demonstrates strong governance practices, including a fully independent board and effective conflict of interest policies, other key financial metrics highlight areas of concern.
Strengths noted in the evaluation include a fully independent board and appropriate documentation of board meeting minutes, both of which contribute positively to accountability. However, the program expense ratio is notably low at 46.60%, suggesting that a significant portion of the funds may not be allocated directly to program services, which raises questions about the charity's effectiveness in fulfilling its mission.
Additionally, the organization reported a liabilities to assets ratio of 0.00%, indicating no apparent financial liabilities. Despite these strengths, the overall financial management still results in skepticism regarding its operations and impact, leading to the overall low rating.
This AI summary has been generated from information found on Charity Navigator.
Is Alpha Nu Education Foundation legitimate?
Alpha Nu Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alpha Nu Education 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: $0
Professional Fundraising Fees: $12,497
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Alpha Nu Education Foundation?
The Alpha Nu Education Foundation's mission is centered around supporting the academic success of members from the local Alpha Nu chapter of Kappa Alpha Theta at the University of Montana. This is achieved through the provision of scholarships and initiatives aimed at enhancing the educational environment within the chapter house. Additionally, the foundation is currently undertaking a capital campaign to fund scholarships, upgrade internet and computer facilities, and make other educational improvements within the chapter facility. In essence, the Alpha Nu Education Foundation strives to foster a conducive learning environment and provide financial aid to its chapter members, thereby aiding their higher education journey.
Who is the CEO of Alpha Nu Education Foundation?
Suzanne Peterson is the President of Alpha Nu Education Foundation.
What is the revenue of Alpha Nu Education Foundation?
Alpha Nu Education Foundation's revenue in 2022 was $23,943.
Who are the executives of Alpha Nu Education Foundation and what are their salaries?
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Alpha Nu Education Foundation?
Alpha Nu Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Alpha Nu Education Foundation
The Alpha Nu Education Foundation is a dedicated organization with a mission to promote higher education achievements among the local members of Kappa Alpha Theta's Alpha Nu Chapter at the University of Montana. This mission is carried out through two primary avenues: providing scholarships and implementing educational improvements within the chapter house structure. The foundation is currently engaged in a capital campaign aimed at raising funds for these purposes, specifically to offer scholarships, enhance the chapter facility's internet and computer systems, and make other educational enhancements. By supporting the educational pursuits of its members, the Alpha Nu Education Foundation plays a crucial role in their personal and academic growth, empowering them to reach their full potential.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
Alpha Nu Education Foundation's impact is significant in supporting the academic achievement and educational pursuits of the members of the Alpha Nu Chapter of Kappa Alpha Theta at the University of Montana. By providing scholarships and facilitating educational improvements within the chapter facility, such as internet and computer enhancements, the foundation plays a vital role in empowering these young women to excel in their studies and achieve their academic goals. Through its capital campaign efforts, the foundation ensures that the Alpha Nu Chapter members have access to the resources and support needed to thrive in their higher education endeavors.
This information is meant to be a general summary of Alpha Nu Education 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: $9,291
- Gross Receipts: $23,943
Assets and Liabilities:
- Total Assets: $351,610
- Total Liabilities: $0
- Net Assets: $351,610
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2008
Phone
(406) 549-6616Principal Officer
Suzanne Peterson
Main Address
PO BOX 17006, MISSOULA, MT, 598087006
NTEE Category
Code: B82 - Education
If you are a representative of Alpha Nu Education Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.